Balance sheet of Namo Ewaste Mgmt. is strong.
But short term working capital might become an issue for this company.

The debt of Namo Ewaste Mgmt. is decreasing.
Latest debt of Namo Ewaste Mgmt. is -₹20.19 Crs as of Sep-24.
This is less than Mar-24 when it was ₹13.15 Crs.

Yes, profit is increasing.
The profit of Namo Ewaste Mgmt. is ₹8.07 Crs for TTM, ₹6.83 Crs for Mar 2024 and ₹1.81 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.
Namo Ewaste Mgmt. 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, Accounts Receivable