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

The debt of Kalana Ispat is decreasing.
Latest debt of Kalana Ispat is -₹32.38 Crs as of Sep-24.
This is less than Mar-24 when it was ₹2.44 Crs.

The profit is oscillating.
The profit of Kalana Ispat is ₹1.53 Crs for TTM, ₹2.37 Crs for Mar 2024 and ₹0.5 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.
Kalana Ispat latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

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