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

Yes, The net debt of Sotac Pharmaceutical is increasing.
Latest net debt of Sotac Pharmaceutical is ₹27.47 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹18.43 Crs.

The profit is oscillating.
The profit of Sotac Pharmaceutical is ₹3.78 Crs for TTM, ₹4.28 Crs for Mar 2024 and ₹2.88 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.
Sotac Pharmaceutical latest dividend payout ratio is 15.98% and 3yr average dividend payout ratio is 15.98%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable