Balance sheet of Graviss Hospitality is strong.
It shouldn't have solvency or liquidity issues.

Yes, The net debt of Graviss Hospitality is increasing.
Latest net debt of Graviss Hospitality is ₹2.32 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹1.24 Crs.

The profit is oscillating.
The profit of Graviss Hospitality is ₹10.63 Crs for TTM, ₹3.01 Crs for Mar 2024 and ₹5.95 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.
Graviss Hospitality latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Capital Work in Progress