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

Yes, The debt of Harrisons Malayalam is increasing.
Latest debt of Harrisons Malayalam is ₹89.93 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹88.14 Crs.

No, profit is decreasing.
The profit of Harrisons Malayalam is -₹10.64 Crs for TTM, -₹7.3 Crs for Mar 2024 and ₹17.77 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.
Harrisons Malayalam latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress, Accounts Receivable