Kaytex Fabrics balance sheet is weak and might have solvency issues

Yes, The debt of Kaytex Fabrics is increasing.
Latest debt of Kaytex Fabrics is ₹36.57 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹35.24 Crs.

Yes, profit is increasing.
The profit of Kaytex Fabrics is ₹16.9 Crs for Mar 2025, ₹11.31 Crs for Mar 2024 and ₹5.59 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.
Kaytex Fabrics latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory