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

Yes, The net debt of Ikoma Technologies is increasing.
Latest net debt of Ikoma Technologies is ₹0.78 Crs as of Mar-26.
This is greater than Mar-25 when it was -₹0.15 Crs.

The profit is oscillating.
The profit of Ikoma Technologies is ₹1.32 Crs for Mar 2025, ₹5.12 Crs for Mar 2024 and -₹0.56 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.
Ikoma Technologies latest dividend payout ratio is 33.33% and 3yr average dividend payout ratio is 33.33%

Companies resources are majorly tied in miscellaneous assets