The main (and I'm tempted to say "only") reason you should use stored procedures is if you really need the performance.
It might seem tempting to just create "functions" in the database that do complex stuff quickly. But it can quickly spiral out of control.
I've worked with applications that encapsulate so much business logic in SQL, that it becomes virtually impossible to refactor anything. Literally hundreds of stored procedures that are black boxes for devs working with the ORM.
Such applications become brittle, hard to debug and hard to understand. By allowing business logic to live in stored procedures you are allowing SQL developers to make design choices that they shouldn't be making, in a tool that is much harder to work in, log and debug than an ORM. I've seen stored procedures that handle payment processing. Truly core stuff. Stuff that becomes so central to an application that nobody dares to touch it, all because some guy with good SQL skills made a script 5 years to fix something quickly, it was never migrated to the ORM and eventually grew into an unmanageable monster, full of tangled logic nobody understands. Devs end up having to blindly trust whatever it's doing. And what's worse, it's almost always outside test coverage, so you may break everything when you deploy, even if your tests pass with mocked data, but some ancient stored procedure suddenly starts acting up.
Abusing stored procedures is one of the worst forms of technical debt you can accumulate. The database, which is the persistence layer, should not be used for business logic. You should keep that distinction as strict as you can.
Of course, there will be cases where an ORM will have horrible performance or simply won't support a feature you need from SQL. If doing things in raw SQL is truly inevitable, only then should you consider stored procedures.
I've seen Stored Procedure Hell. You don't want that.