Balance sheet of Coromandel Interntl. is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of Coromandel Interntl. is increasing.
Latest debt of Coromandel Interntl. is -₹2,912.65 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹5,664.64 Crs.

No, profit is decreasing.
The profit of Coromandel Interntl. is ₹1,408 Crs for TTM, ₹1,642 Crs for Mar 2024 and ₹2,013 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.
Coromandel Interntl. latest dividend payout ratio is 21.51% and 3yr average dividend payout ratio is 20.69%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Accounts Receivable