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

Yes, The net debt of Dhariwalcorp is increasing.
Latest net debt of Dhariwalcorp is ₹11.32 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹8.63 Crs.

The profit is oscillating.
The profit of Dhariwalcorp is ₹3.56 Crs for Mar 2025, ₹4.51 Crs for Mar 2024 and ₹0.6 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.
Dhariwalcorp latest dividend payout ratio is 11.03% and 3yr average dividend payout ratio is 10.53%

Companies resources are allocated to majorly unproductive assets like Inventory