Balance sheet of Danube Industries is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of Danube Industries is increasing.
Latest debt of Danube Industries is ₹17.48 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹6.52 Crs.

The profit is oscillating.
The profit of Danube Industries is ₹0.97 Crs for Mar 2024, ₹0.76 Crs for Mar 2023 and ₹0.99 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.
Danube Industries latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Short Term Loans & Advances