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

Yes, The net debt of Monika Alcobev is increasing.
Latest net debt of Monika Alcobev is ₹119 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹95.69 Crs.

Yes, profit is increasing.
The profit of Monika Alcobev is ₹23.11 Crs for Mar 2025, ₹16.6 Crs for Mar 2024 and ₹13.03 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.
Monika Alcobev latest dividend payout ratio is 13.77% and 3yr average dividend payout ratio is 14.56%

Companies resources are allocated to majorly unproductive assets like Inventory