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

Yes, The debt of Airo Lam is increasing.
Latest debt of Airo Lam is ₹76.92 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹43.64 Crs.

The profit is oscillating.
The profit of Airo Lam is ₹7.28 Crs for TTM, ₹7.4 Crs for Mar 2023 and ₹6.49 Crs for Mar 2022.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Airo Lam latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances