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

The net debt of LMW is decreasing.
Latest net debt of LMW is -₹2,705.97 Crs as of Mar-25.
This is less than Mar-24 when it was -₹1,909.25 Crs.

No, profit is decreasing.
The profit of LMW is ₹103 Crs for Mar 2025, ₹374 Crs for Mar 2024 and ₹384 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.
LMW latest dividend payout ratio is 31.23% and 3yr average dividend payout ratio is 26.69%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Accounts Receivable, Short Term Loans & Advances