Balance sheet of Indiamart Intermesh is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of Indiamart Intermesh is increasing.
Latest debt of Indiamart Intermesh is -₹84.4 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹183.9 Crs.

Yes, profit is increasing.
The profit of Indiamart Intermesh is ₹600 Crs for TTM, ₹334 Crs for Mar 2024 and ₹284 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.
Indiamart Intermesh latest dividend payout ratio is 35.9% and 3yr average dividend payout ratio is 19.83%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances