Balance sheet of Kay Power and Paper is moderately strong, But short term working capital might become an issue for this company.

The debt of Kay Power and Paper is decreasing.
Latest debt of Kay Power and Paper is ₹27.05 Crs as of Mar-24.
This is less than Mar-23 when it was ₹29.93 Crs.

Yes, profit is increasing.
The profit of Kay Power and Paper is ₹1.53 Crs for TTM, ₹1.41 Crs for Mar 2023 and ₹0.09 Crs for Mar 2022.

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

Companies resources are majorly tied in miscellaneous assets