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Balance sheet of Wockhardt is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Wockhardt is increasing.
Latest debt of Wockhardt is ₹1,979 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1,054 Crs.
Yes, profit is increasing.
The profit of Wockhardt is -₹189 Crs for TTM, -₹463 Crs for Mar 2024 and -₹559 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.
Wockhardt latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress