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

The net debt of Electrotherm India is decreasing.
Latest net debt of Electrotherm India is ₹1,568 Crs as of Sep-24.
This is less than Mar-24 when it was ₹1,645 Crs.

Yes, profit is increasing.
The profit of Electrotherm India is ₹360 Crs for TTM, ₹317 Crs for Mar 2024 and -₹11.82 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.
Electrotherm India latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets