Balance sheet of Cosco India is strong.
But short term working capital might become an issue for this company.

Yes, The net debt of Cosco India is increasing.
Latest net debt of Cosco India is ₹60.09 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹54.94 Crs.

The profit is oscillating.
The profit of Cosco India is ₹2.95 Crs for TTM, ₹3.21 Crs for Mar 2024 and ₹0.68 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.
Cosco India latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable