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

Yes, The net debt of KSH International is increasing.
Latest net debt of KSH International is ₹474 Crs as of Sep-25.
This is greater than Mar-25 when it was ₹338 Crs.

Yes, profit is increasing.
The profit of KSH International is ₹91.57 Crs for TTM, ₹67.99 Crs for Mar 2025 and ₹37.35 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
KSH International latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Capital Work in Progress