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

The debt of Paradeep Parivahan is decreasing.
Latest debt of Paradeep Parivahan is ₹36.48 Crs as of Mar-24.
This is less than Mar-23 when it was ₹45.9 Crs.

Yes, profit is increasing.
The profit of Paradeep Parivahan is ₹15.02 Crs for Mar 2024, ₹6.56 Crs for Mar 2023 and ₹2.84 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.
Paradeep Parivahan 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