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Balance sheet of Transport Corp. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Transport Corp. is increasing.
Latest debt of Transport Corp. is ₹106 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹40.08 Crs.
The profit is oscillating.
The profit of Transport Corp. is ₹316 Crs for TTM, ₹351 Crs for Mar 2024 and ₹317 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.
Transport Corp. latest dividend payout ratio is 15.51% and 3yr average dividend payout ratio is 16.21%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments