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

The debt of Donear Inds is decreasing.
Latest debt of Donear Inds is ₹322 Crs as of Mar-24.
This is less than Mar-23 when it was ₹324 Crs.

Yes, profit is increasing.
The profit of Donear Inds is ₹36.74 Crs for TTM, ₹36.24 Crs for Mar 2023 and ₹22.77 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.
Donear Inds latest dividend payout ratio is 2.87% and 3yr average dividend payout ratio is 3.72%

Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable