Balance sheet of Rico Auto Inds is moderately strong, But short term working capital might become an issue for this company.

Yes, The debt of Rico Auto Inds is increasing.
Latest debt of Rico Auto Inds is ₹672 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹612 Crs.

No, profit is decreasing.
The profit of Rico Auto Inds is ₹30.34 Crs for TTM, ₹38.94 Crs for Mar 2024 and ₹51.03 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.
Rico Auto Inds latest dividend payout ratio is 20.85% and 3yr average dividend payout ratio is 21.18%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Short Term Loans & Advances