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

Yes, The net debt of Adani Enterprises is increasing.
Latest net debt of Adani Enterprises is ₹64,958 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹38,616 Crs.

The profit is oscillating.
The profit of Adani Enterprises is ₹6,744 Crs for TTM, ₹7,099 Crs for Mar 2025 and ₹3,241 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.
Adani Enterprises latest dividend payout ratio is 2.11% and 3yr average dividend payout ratio is 4.07%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress