Balance sheet of Joindre Capital Serv is moderately strong.

Yes, The net debt of Joindre Capital Serv is increasing.
Latest net debt of Joindre Capital Serv is -₹194.49 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹203.34 Crs.

The profit is oscillating.
The profit of Joindre Capital Serv is ₹9.96 Crs for Mar 2025, ₹0.49 Crs for Mar 2024 and ₹3.08 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.
Joindre Capital Serv latest dividend payout ratio is 27.78% and 3yr average dividend payout ratio is 216.32%

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