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

Yes, The debt of Gujchem Distillers is increasing.
Latest debt of Gujchem Distillers is ₹13.52 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹11.49 Crs.

The profit is oscillating.
The profit of Gujchem Distillers is ₹0.39 Crs for Mar 2024, ₹0.04 Crs for Mar 2023 and ₹0.39 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.
Gujchem Distillers latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

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