Balance sheet of Graphite India is strong.
It shouldn't have solvency or liquidity issues.

The net debt of Graphite India is decreasing.
Latest net debt of Graphite India is -₹191.53 Crs as of Mar-25.
This is less than Mar-24 when it was ₹37.55 Crs.

No, profit is decreasing.
The profit of Graphite India is ₹355 Crs for TTM, ₹462 Crs for Mar 2025 and ₹808 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Graphite India latest dividend payout ratio is 46.51% and 3yr average dividend payout ratio is 52.14%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments