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

Yes, The net debt of Auro Laboratories is increasing.
Latest net debt of Auro Laboratories is ₹33.53 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹22.95 Crs.

The profit is oscillating.
The profit of Auro Laboratories is ₹3.48 Crs for TTM, ₹7.79 Crs for Mar 2024 and ₹2.44 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.
Auro Laboratories 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