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Balance sheet of Akshar Spintex is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Akshar Spintex is decreasing.
Latest net debt of Akshar Spintex is ₹0.38 Crs as of Mar-25.
This is less than Mar-24 when it was ₹18.97 Crs.
The profit is oscillating.
The profit of Akshar Spintex is -₹4.45 Crs for Mar 2025, ₹3.46 Crs for Mar 2024 and -₹2.76 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.
Akshar Spintex latest dividend payout ratio is 8.68% and 3yr average dividend payout ratio is 8.68%
Companies resources are allocated to majorly unproductive assets like Inventory