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Gokak Textiles balance sheet is weak and might have solvency issues
Yes, The debt of Gokak Textiles is increasing.
Latest debt of Gokak Textiles is ₹445 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹401 Crs.
No, profit is decreasing.
The profit of Gokak Textiles is -₹49.74 Crs for TTM, -₹44.44 Crs for Mar 2025 and -₹15.26 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.
Gokak Textiles 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, Inventory, Accounts Receivable, Short Term Loans & Advances