Balance sheet of M&B Engineering is strong.
But short term working capital might become an issue for this company.

Yes, The net debt of M&B Engineering is increasing.
Latest net debt of M&B Engineering is ₹16.71 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹6.53 Crs.

Yes, profit is increasing.
The profit of M&B Engineering is ₹77.05 Crs for Mar 2025, ₹45.86 Crs for Mar 2024 and ₹34.09 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.
M&B Engineering latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory