Balance sheet of Wise Travel India is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of Wise Travel India is increasing.
Latest debt of Wise Travel India is -₹28.57 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹181.05 Crs.

The profit is oscillating.
The profit of Wise Travel India is ₹22.18 Crs for TTM, ₹23.22 Crs for Mar 2024 and ₹10.32 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.
Wise Travel India latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments