Balance sheet of Cupid is strong.
It shouldn't have solvency or liquidity issues.

The net debt of Cupid is decreasing.
Latest net debt of Cupid is -₹124.49 Crs as of Mar-25.
This is less than Mar-24 when it was -₹66.83 Crs.

Yes, profit is increasing.
The profit of Cupid is ₹45.81 Crs for TTM, ₹40.89 Crs for Mar 2025 and ₹39.85 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Cupid latest dividend payout ratio is 21.12% and 3yr average dividend payout ratio is 21.12%

Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable