Balance sheet of Dhanlaxmi Cotex is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of Dhanlaxmi Cotex is increasing.
Latest debt of Dhanlaxmi Cotex is -₹0.68 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹4.88 Crs.

The profit is oscillating.
The profit of Dhanlaxmi Cotex is ₹2.77 Crs for TTM, ₹0.24 Crs for Mar 2023 and ₹3.31 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.
Dhanlaxmi Cotex latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory