Balance sheet of Abha Power And Steel is strong.
But short term working capital might become an issue for this company.

The debt of Abha Power And Steel is decreasing.
Latest debt of Abha Power And Steel is ₹23.42 Crs as of Mar-24.
This is less than Mar-23 when it was ₹23.73 Crs.

Yes, profit is increasing.
The profit of Abha Power And Steel is ₹3.78 Crs for Mar 2024, ₹1.4 Crs for Mar 2023 and -₹0.72 Crs for Mar 2022

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Abha Power And Steel latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory