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

Yes, The debt of Metroglobal is increasing.
Latest debt of Metroglobal is ₹20.01 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹52.32 Crs.

Yes, profit is increasing.
The profit of Metroglobal is ₹21.16 Crs for TTM, ₹19.13 Crs for Mar 2023 and ₹11.83 Crs for Mar 2022.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Metroglobal latest dividend payout ratio is 16.12% and 3yr average dividend payout ratio is 23.86%

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