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

Yes, The debt of Manomay Tex India is increasing.
Latest debt of Manomay Tex India is ₹299 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹259 Crs.

Yes, profit is increasing.
The profit of Manomay Tex India is ₹19.98 Crs for TTM, ₹13 Crs for Mar 2024 and ₹12.95 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.
Manomay Tex India 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 Inventory