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

Yes, The debt of Foseco India is increasing.
Latest debt of Foseco India is -₹258.03 Crs as of Dec-24.
This is greater than Dec-23 when it was -₹459.8 Crs.

Yes, profit is increasing.
The profit of Foseco India is ₹73.03 Crs for TTM, ₹72.98 Crs for Dec 2023 and ₹45.97 Crs for Dec 2022.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Foseco India latest dividend payout ratio is 21.88% and 3yr average dividend payout ratio is 42.11%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments