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Balance sheet of Titan Co is strong.
But short term working capital might become an issue for this company.
The debt of Titan Co is decreasing.
Latest debt of Titan Co is ₹6,652 Crs as of Sep-24.
This is less than Mar-24 when it was ₹10,178 Crs.
The profit is oscillating.
The profit of Titan Co is ₹3,242 Crs for TTM, ₹3,496 Crs for Mar 2024 and ₹3,250 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Titan Co latest dividend payout ratio is 28.0% and 3yr average dividend payout ratio is 28.7%
Companies resources are allocated to majorly unproductive assets like Inventory