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

Yes, The debt of Chavda Infra is increasing.
Latest debt of Chavda Infra is ₹93.23 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹81.6 Crs.

Yes, profit is increasing.
The profit of Chavda Infra is ₹21.41 Crs for TTM, ₹18.76 Crs for Mar 2024 and ₹12.05 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.
Chavda Infra latest dividend payout ratio is 6.57% and 3yr average dividend payout ratio is 6.57%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Short Term Loans & Advances