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

The debt of Tirupati Sarjan is decreasing.
Latest debt of Tirupati Sarjan is ₹46.87 Crs as of Sep-24.
This is less than Mar-24 when it was ₹54.06 Crs.

Yes, profit is increasing.
The profit of Tirupati Sarjan is ₹4.7 Crs for TTM, ₹3.95 Crs for Mar 2024 and ₹3.02 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.
Tirupati Sarjan latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory