Balance sheet of Touchwood Entertainm is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of Touchwood Entertainm is increasing.
Latest debt of Touchwood Entertainm is -₹14.9 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹51.12 Crs.

Yes, profit is increasing.
The profit of Touchwood Entertainm is ₹5.18 Crs for TTM, ₹3.25 Crs for Mar 2024 and ₹2.47 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.
Touchwood Entertainm latest dividend payout ratio is 13.65% and 3yr average dividend payout ratio is 11.78%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments