Balance sheet of Akar Auto Industries is strong.
But short term working capital might become an issue for this company.

Yes, The debt of Akar Auto Industries is increasing.
Latest debt of Akar Auto Industries is ₹74.72 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹57.06 Crs.

The profit is oscillating.
The profit of Akar Auto Industries is ₹5.88 Crs for TTM, ₹6.88 Crs for Mar 2023 and ₹6.88 Crs for Mar 2022.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Akar Auto Industries latest dividend payout ratio is 7.84% and 3yr average dividend payout ratio is 5.88%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable