Balance sheet of GSP Crop Science is strong.
But short term working capital might become an issue for this company.

Yes, The net debt of GSP Crop Science is increasing.
Latest net debt of GSP Crop Science is ₹231 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹155 Crs.

The profit is oscillating.
The profit of GSP Crop Science is -₹12.23 Crs for TTM, ₹83.44 Crs for Mar 2025 and ₹61.19 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.
GSP Crop Science latest dividend payout ratio is 3.51% and 3yr average dividend payout ratio is 3.44%

Companies resources are allocated to majorly unproductive assets like Inventory