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

Yes, The debt of Ramkrishna Forgings is increasing.
Latest debt of Ramkrishna Forgings is ₹1,323 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹764 Crs.

Yes, profit is increasing.
The profit of Ramkrishna Forgings is ₹465 Crs for TTM, ₹341 Crs for Mar 2024 and ₹248 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.
Ramkrishna Forgings latest dividend payout ratio is 10.59% and 3yr average dividend payout ratio is 9.17%

Companies resources are allocated to majorly productive assets like Plant & Machinery