Bharat Coking Coal balance sheet is weak and might have solvency issues

Yes, The net debt of Bharat Coking Coal is increasing.
Latest net debt of Bharat Coking Coal is -₹26.12 Crs as of Mar-26.
This is greater than Mar-25 when it was -₹2,259.7 Crs.

No, profit is decreasing.
The profit of Bharat Coking Coal is ₹113 Crs for TTM, ₹128 Crs for Mar 2026 and ₹1,240 Crs for Mar 2025.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Bharat Coking Coal latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable