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Balance sheet of Triveni Engg. & Inds is strong.
But short term working capital might become an issue for this company.
The debt of Triveni Engg. & Inds is decreasing.
Latest debt of Triveni Engg. & Inds is ₹348 Crs as of Sep-24.
This is less than Mar-24 when it was ₹1,255 Crs.
No, profit is decreasing.
The profit of Triveni Engg. & Inds is ₹212 Crs for TTM, ₹395 Crs for Mar 2024 and ₹1,792 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.
Triveni Engg. & Inds latest dividend payout ratio is 31.85% and 3yr average dividend payout ratio is 18.12%
Companies resources are allocated to majorly unproductive assets like Inventory