Balance sheet of John Cockerill India is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of John Cockerill India is increasing.
Latest debt of John Cockerill India is -₹77.49 Crs as of Jun-24.
This is greater than Dec-23 when it was -₹260.91 Crs.

The profit is oscillating.
The profit of John Cockerill India is ₹20.89 Crs for TTM, ₹21.64 Crs for Dec 2023 and ₹12.89 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.
John Cockerill India latest dividend payout ratio is 15.97% and 3yr average dividend payout ratio is 18.81%

Companies resources are majorly tied in miscellaneous assets