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

Yes, The debt of Master Components is increasing.
Latest debt of Master Components is ₹3.55 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹12.25 Crs.

Yes, profit is increasing.
The profit of Master Components is ₹6.49 Crs for Mar 2025, ₹2.68 Crs for Mar 2024 and ₹1.71 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.
Master Components latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

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