Aanchal Ispat balance sheet is weak and might have solvency issues

The net debt of Aanchal Ispat is decreasing.
Latest net debt of Aanchal Ispat is -₹3.43 Crs as of Mar-25.
This is less than Mar-24 when it was ₹71.85 Crs.

The profit is oscillating.
The profit of Aanchal Ispat is -₹13.4 Crs for TTM, -₹6.25 Crs for Mar 2024 and -₹23.46 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.
Aanchal Ispat latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable, Short Term Loans & Advances