Anubhav Plast balance sheet is weak and might have solvency issues

Yes, The net debt of Anubhav Plast is increasing.
Latest net debt of Anubhav Plast is ₹29.21 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹27.15 Crs.

Yes, profit is increasing.
The profit of Anubhav Plast is ₹6.06 Crs for Mar 2025, ₹2.08 Crs for Mar 2024 and ₹0.76 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.
Anubhav Plast latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory