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Balance sheet of Shipping Corpn. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Shipping Corpn. is increasing.
Latest net debt of Shipping Corpn. is ₹772 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹265 Crs.
Yes, profit is increasing.
The profit of Shipping Corpn. is ₹869 Crs for TTM, ₹844 Crs for Mar 2025 and ₹679 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.
Shipping Corpn. latest dividend payout ratio is 36.39% and 3yr average dividend payout ratio is 14.06%
Companies resources are majorly tied in miscellaneous assets