Balance sheet of Apex Ecotech is strong.
It shouldn't have solvency or liquidity issues.

The debt of Apex Ecotech is decreasing.
Latest debt of Apex Ecotech is -₹19.71 Crs as of Mar-24.
This is less than Mar-23 when it was -₹6.51 Crs.

Yes, profit is increasing.
The profit of Apex Ecotech is ₹6.63 Crs for Mar 2024, ₹3.52 Crs for Mar 2023 and -₹0.66 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.
Apex Ecotech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments