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

Yes, The net debt of Raymond Realty is increasing.
Latest net debt of Raymond Realty is ₹227 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹57.83 Crs.

No, profit is decreasing.
The profit of Raymond Realty is -₹44.3 Crs for Mar 2024, -₹4.16 Crs for Mar 2023 and ₹0 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.
Raymond Realty latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory