Balance sheet of Sai Life Sciences is strong.
It shouldn't have solvency or liquidity issues.

Yes, The net debt of Sai Life Sciences is increasing.
Latest net debt of Sai Life Sciences is -₹90.75 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹799.12 Crs.

Yes, profit is increasing.
The profit of Sai Life Sciences is ₹286 Crs for TTM, ₹170 Crs for Mar 2025 and ₹82.81 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.
Sai Life Sciences 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 Cash & Short Term Investments