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

Yes, The debt of Jumbo Bag is increasing.
Latest debt of Jumbo Bag is ₹39.16 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹31.81 Crs.

The profit is oscillating.
The profit of Jumbo Bag is ₹2.69 Crs for TTM, ₹1.19 Crs for Mar 2024 and ₹1.47 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.
Jumbo Bag 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 Cash & Short Term Investments, Capital Work in Progress, Short Term Loans & Advances