Balance sheet of Nilachal Carbo Metal is strong.
It shouldn't have solvency or liquidity issues.

The net debt of Nilachal Carbo Metal is decreasing.
Latest net debt of Nilachal Carbo Metal is ₹11.67 Crs as of Sep-25.
This is less than Mar-25 when it was ₹21.1 Crs.

No, profit is decreasing.
The profit of Nilachal Carbo Metal is ₹13.58 Crs for TTM, ₹14.02 Crs for Mar 2025 and ₹15.82 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.
Nilachal Carbo Metal latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

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