GTPL Hathway balance sheet is weak and might have solvency issues

Yes, The debt of GTPL Hathway is increasing.
Latest debt of GTPL Hathway is ₹112 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹57.57 Crs.

No, profit is decreasing.
The profit of GTPL Hathway is ₹49.05 Crs for TTM, ₹107 Crs for Mar 2024 and ₹114 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.
GTPL Hathway latest dividend payout ratio is 42.04% and 3yr average dividend payout ratio is 34.68%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable