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

Yes, The net debt of Milkfood is increasing.
Latest net debt of Milkfood is ₹110 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹110 Crs.

No, profit is decreasing.
The profit of Milkfood is ₹3.25 Crs for TTM, ₹4.51 Crs for Mar 2025 and ₹7.12 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.
Milkfood latest dividend payout ratio is 67.57% and 3yr average dividend payout ratio is 32.71%

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