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Balance sheet of Nitin Castings is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Nitin Castings is increasing.
Latest net debt of Nitin Castings is ₹10.08 Crs as of Sep-25.
This is greater than Mar-25 when it was ₹7 Crs.
The profit is oscillating.
The profit of Nitin Castings is ₹11.44 Crs for TTM, ₹12.41 Crs for Mar 2025 and ₹12.13 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.
Nitin Castings latest dividend payout ratio is 12.43% and 3yr average dividend payout ratio is 11.01%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments