Balance sheet of AARTISURF is strong.
But short term working capital might become an issue for this company.

Yes, The debt of AARTISURF is increasing.
Latest debt of AARTISURF is ₹110 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹84.61 Crs.

The profit is oscillating.
The profit of AARTISURF is ₹9.48 Crs for TTM, ₹21.33 Crs for Mar 2024 and ₹12.7 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.
AARTISURF latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances