Balance sheet of Vaxfab Enterprise is strong.
But short term working capital might become an issue for this company.

Yes, The net debt of Vaxfab Enterprise is increasing.
Latest net debt of Vaxfab Enterprise is -₹0.4 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹7.83 Crs.

The profit is oscillating.
The profit of Vaxfab Enterprise is -₹3.53 Crs for Mar 2024, ₹0.33 Crs for Mar 2023 and ₹0 Crs for Mar 2022

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Vaxfab Enterprise 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 Capital Work in Progress, Accounts Receivable, Short Term Loans & Advances