Balance sheet of Purple United Sales is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of Purple United Sales is increasing.
Latest debt of Purple United Sales is ₹24.66 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹11.52 Crs.

The profit is oscillating.
The profit of Purple United Sales is ₹4.82 Crs for Mar 2024, ₹1.49 Crs for Mar 2023 and ₹1.77 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.
Purple United Sales 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