Balance sheet of Yash Highvoltage is strong.
It shouldn't have solvency or liquidity issues.

Yes, The net debt of Yash Highvoltage is increasing.
Latest net debt of Yash Highvoltage is -₹31.32 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹120.52 Crs.

Yes, profit is increasing.
The profit of Yash Highvoltage is ₹29.04 Crs for TTM, ₹21.41 Crs for Mar 2025 and ₹12.33 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.
Yash Highvoltage latest dividend payout ratio is 13.34% and 3yr average dividend payout ratio is 20.94%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments