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Tirupati Tyres balance sheet is weak and might have solvency issues
The debt of Tirupati Tyres is decreasing.
Latest debt of Tirupati Tyres is -₹0.13 Crs as of Sep-24.
This is less than Mar-24 when it was -₹0.04 Crs.
The profit is oscillating.
The profit of Tirupati Tyres is ₹0.09 Crs for Mar 2024, ₹0.22 Crs for Mar 2023 and ₹0.16 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Tirupati Tyres latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable, Short Term Loans & Advances