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

Yes, The net debt of Astal Laboratories is increasing.
Latest net debt of Astal Laboratories is ₹9.81 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹11.84 Crs.

Yes, profit is increasing.
The profit of Astal Laboratories is ₹9.33 Crs for TTM, ₹8.93 Crs for Mar 2025 and ₹0.78 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.
Astal Laboratories latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory, Accounts Receivable