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Essar Shipping balance sheet is weak and might have solvency issues
The net debt of Essar Shipping is decreasing.
Latest net debt of Essar Shipping is ₹1,619 Crs as of Mar-25.
This is less than Mar-24 when it was ₹2,594 Crs.
Yes, profit is increasing.
The profit of Essar Shipping is ₹718 Crs for TTM, ₹660 Crs for Mar 2025 and -₹118.09 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Essar Shipping latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable