Balance sheet of Everest Industries is moderately strong, But short term working capital might become an issue for this company.

Yes, The debt of Everest Industries is increasing.
Latest debt of Everest Industries is ₹178 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹56.25 Crs.

No, profit is decreasing.
The profit of Everest Industries is -₹5.8 Crs for TTM, ₹18 Crs for Mar 2024 and ₹42.36 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.
Everest Industries latest dividend payout ratio is 21.93% and 3yr average dividend payout ratio is 21.85%

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