Balance sheet of Forbes & Company is strong.
But short term working capital might become an issue for this company.

Yes, The debt of Forbes & Company is increasing.
Latest debt of Forbes & Company is -₹3.12 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹45.93 Crs.

The profit is oscillating.
The profit of Forbes & Company is ₹6.17 Crs for TTM, -₹4.46 Crs for Mar 2024 and ₹192 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.
Forbes & Company latest dividend payout ratio is 43.68% and 3yr average dividend payout ratio is 43.68%

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