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Balance sheet of ZF Steering Gear (I) is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of ZF Steering Gear (I) is increasing.
Latest debt of ZF Steering Gear (I) is ₹88.9 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹49.33 Crs.
The profit is oscillating.
The profit of ZF Steering Gear (I) is ₹18.42 Crs for TTM, ₹43.69 Crs for Mar 2024 and ₹24.54 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.
ZF Steering Gear (I) latest dividend payout ratio is 16.61% and 3yr average dividend payout ratio is 17.54%
Companies resources are allocated to majorly productive assets like Plant & Machinery