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

Yes, The debt of Divyashakti is increasing.
Latest debt of Divyashakti is -₹4.48 Crs as of Dec-24.
This is greater than Mar-24 when it was -₹14.54 Crs.

The profit is oscillating.
The profit of Divyashakti is ₹2.54 Crs for TTM, ₹2.32 Crs for Mar 2024 and ₹7.83 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.
Divyashakti latest dividend payout ratio is 88.51% and 3yr average dividend payout ratio is 57.37%

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