Balance sheet of Pioneer Investcorp is strong.
But short term working capital might become an issue for this company.

Yes, The debt of Pioneer Investcorp is increasing.
Latest debt of Pioneer Investcorp is ₹91.78 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹57.87 Crs.

The profit is oscillating.
The profit of Pioneer Investcorp is ₹3.28 Crs for TTM, ₹4.07 Crs for Mar 2024 and ₹2.06 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.
Pioneer Investcorp latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets