Balance sheet of Eldeco Housing & Ind is strong.
But short term working capital might become an issue for this company.

Yes, The debt of Eldeco Housing & Ind is increasing.
Latest debt of Eldeco Housing & Ind is -₹148.64 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹293.4 Crs.

The profit is oscillating.
The profit of Eldeco Housing & Ind is ₹34.23 Crs for TTM, ₹33.86 Crs for Mar 2024 and ₹44.37 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.
Eldeco Housing & Ind latest dividend payout ratio is 23.23% and 3yr average dividend payout ratio is 18.82%

Companies resources are allocated to majorly unproductive assets like Inventory