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

Yes, The net debt of Dhanuka Agritech is increasing.
Latest net debt of Dhanuka Agritech is ₹39.93 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹1.69 Crs.

Yes, profit is increasing.
The profit of Dhanuka Agritech is ₹297 Crs for Mar 2025, ₹239 Crs for Mar 2024 and ₹234 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.
Dhanuka Agritech latest dividend payout ratio is 3.04% and 3yr average dividend payout ratio is 11.21%

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