Balance sheet of Rox Hi-Tech is strong.
But short term working capital might become an issue for this company.

The debt of Rox Hi-Tech is decreasing.
Latest debt of Rox Hi-Tech is ₹21.24 Crs as of Mar-24.
This is less than Mar-23 when it was ₹22.56 Crs.

The profit is oscillating.
The profit of Rox Hi-Tech is ₹10.75 Crs for TTM, ₹15.33 Crs for Mar 2023 and ₹1.51 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.
Rox Hi-Tech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory