Sahajanand Medical balance sheet is weak and might have solvency issues

Yes, The debt of Sahajanand Medical is increasing.
Latest debt of Sahajanand Medical is ₹45.13 Crs as of Mar-21.
This is greater than Mar-20 when it was -₹38.45 Crs.

No, profit is decreasing.
The profit of Sahajanand Medical is -₹72.31 Crs for Mar 2021, ₹24.56 Crs for Mar 2020 and ₹43.3 Crs for Mar 2019

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Sahajanand Medical 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 Cash & Short Term Investments