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Balance sheet of United Drilling Tool is strong.
But short term working capital might become an issue for this company.
The debt of United Drilling Tool is decreasing.
Latest debt of United Drilling Tool is -₹0.11 Crs as of Sep-24.
This is less than Mar-24 when it was ₹27.78 Crs.
The profit is oscillating.
The profit of United Drilling Tool is ₹14.25 Crs for TTM, ₹9.38 Crs for Mar 2024 and ₹10.27 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.
United Drilling Tool latest dividend payout ratio is 38.96% and 3yr average dividend payout ratio is 27.68%
Companies resources are allocated to majorly unproductive assets like Inventory