Balance sheet of HPC Biosciences is strong.
It shouldn't have solvency or liquidity issues.

The net debt of HPC Biosciences is decreasing.
Latest net debt of HPC Biosciences is -₹0.49 Crs as of Mar-23.
This is less than Mar-21 when it was -₹0.31 Crs.

The profit is oscillating.
The profit of HPC Biosciences is ₹1.17 Crs for Mar 2021, ₹0.34 Crs for Mar 2020 and ₹0.55 Crs for Mar 2019

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
HPC Biosciences latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances