Balance sheet of Shreenath Paper Prod is strong.
It shouldn't have solvency or liquidity issues.

The debt of Shreenath Paper Prod is decreasing.
Latest debt of Shreenath Paper Prod is ₹19.2 Crs as of Mar-24.
This is less than Mar-23 when it was ₹20.17 Crs.

Yes, profit is increasing.
The profit of Shreenath Paper Prod is ₹4.39 Crs for Mar 2024, ₹4.38 Crs for Mar 2023 and ₹1.34 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.
Shreenath Paper Prod 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