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

Yes, The net debt of Nestle is increasing.
Latest net debt of Nestle is ₹563 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹1,522.76 Crs.

The profit is oscillating.
The profit of Nestle is ₹3,208 Crs for Mar 2025, ₹3,933 Crs for Mar 2024 and ₹2,391 Crs for Dec 2022

The company seems to pay a good stable dividend.
Nestle latest dividend payout ratio is 81.16% and 3yr average dividend payout ratio is 82.95%

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