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Balance sheet of Minda Corporation is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Minda Corporation is increasing.
Latest net debt of Minda Corporation is ₹1,248 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹35.7 Crs.
The profit is oscillating.
The profit of Minda Corporation is ₹239 Crs for TTM, ₹227 Crs for Mar 2024 and ₹284 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.
Minda Corporation latest dividend payout ratio is 14.73% and 3yr average dividend payout ratio is 12.42%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Accounts Receivable