Balance sheet of Vineet Laboratories is moderately strong, But short term working capital might become an issue for this company.

The debt of Vineet Laboratories is decreasing.
Latest debt of Vineet Laboratories is ₹38.96 Crs as of Dec-24.
This is less than Mar-24 when it was ₹43.52 Crs.

No, profit is decreasing.
The profit of Vineet Laboratories is -₹7.74 Crs for TTM, ₹1.03 Crs for Mar 2024 and ₹1.25 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.
Vineet Laboratories latest dividend payout ratio is 13.89% and 3yr average dividend payout ratio is 13.89%

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