Balance sheet of De Nora India is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of De Nora India is increasing.
Latest debt of De Nora India is -₹8.45 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹15.88 Crs.

No, profit is decreasing.
The profit of De Nora India is ₹4.01 Crs for TTM, ₹19.01 Crs for Mar 2024 and ₹20.28 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.
De Nora India latest dividend payout ratio is 5.59% and 3yr average dividend payout ratio is 4.75%

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