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

Yes, The debt of Infonative Solutions is increasing.
Latest debt of Infonative Solutions is ₹1.31 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹0.65 Crs.

The profit is oscillating.
The profit of Infonative Solutions is ₹1.45 Crs for Mar 2024, ₹1.07 Crs for Mar 2023 and ₹2.23 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.
Infonative Solutions latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress