Balance sheet of Simmonds Marshall is moderately strong, But short term working capital might become an issue for this company.

Yes, The debt of Simmonds Marshall is increasing.
Latest debt of Simmonds Marshall is ₹47.55 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹46.66 Crs.

Yes, profit is increasing.
The profit of Simmonds Marshall is ₹4.89 Crs for TTM, ₹3.26 Crs for Mar 2024 and -₹2.71 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.
Simmonds Marshall latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets