Laser Power & Infra balance sheet is weak and might have solvency issues

Yes, The net debt of Laser Power & Infra is increasing.
Latest net debt of Laser Power & Infra is ₹508 Crs as of Mar-26.
This is greater than Mar-25 when it was ₹263 Crs.

Yes, profit is increasing.
The profit of Laser Power & Infra is ₹152 Crs for Mar 2026, ₹104 Crs for Mar 2025 and ₹39.92 Crs for Mar 2024

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

Companies resources are allocated to majorly unproductive assets like Accounts Receivable