Balance sheet of Elcid Investment is moderately strong, But short term working capital might become an issue for this company.

Yes, The net debt of Elcid Investment is increasing.
Latest net debt of Elcid Investment is -₹4.62 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹7.46 Crs.

The profit is oscillating.
The profit of Elcid Investment is ₹153 Crs for Mar 2025, ₹176 Crs for Mar 2024 and ₹73.41 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.
Elcid Investment latest dividend payout ratio is 0.33% and 3yr average dividend payout ratio is 0.43%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances