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Balance sheet of VIP Inds. is strong.
But short term working capital might become an issue for this company.
Yes, The debt of VIP Inds. is increasing.
Latest debt of VIP Inds. is ₹455 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹441 Crs.
No, profit is decreasing.
The profit of VIP Inds. is -₹65.31 Crs for TTM, ₹54.3 Crs for Mar 2024 and ₹152 Crs for Mar 2023.
The company seems to pay a good stable dividend.
VIP Inds. latest dividend payout ratio is 52.28% and 3yr average dividend payout ratio is 48.99%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory