Shri Vasuprada Plant balance sheet is weak and might have solvency issues

Yes, The debt of Shri Vasuprada Plant is increasing.
Latest debt of Shri Vasuprada Plant is ₹59.37 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹56.42 Crs.

Yes, profit is increasing.
The profit of Shri Vasuprada Plant is -₹1.99 Crs for TTM, -₹6.63 Crs for Mar 2024 and -₹10.8 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.
Shri Vasuprada Plant 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 Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances