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

Yes, The debt of Jubilant Ingrevia is increasing.
Latest debt of Jubilant Ingrevia is ₹650 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹613 Crs.

No, profit is decreasing.
The profit of Jubilant Ingrevia is ₹176 Crs for TTM, ₹183 Crs for Mar 2024 and ₹307 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.
Jubilant Ingrevia latest dividend payout ratio is 43.19% and 3yr average dividend payout ratio is 28.57%

Companies resources are allocated to majorly productive assets like Plant & Machinery