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

Yes, The debt of Parin Furniture is increasing.
Latest debt of Parin Furniture is ₹43.89 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹35.31 Crs.

No, profit is decreasing.
The profit of Parin Furniture is ₹2.27 Crs for TTM, ₹3.08 Crs for Mar 2023 and ₹4.12 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.
Parin Furniture latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable