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

Yes, The net debt of Sangam India is increasing.
Latest net debt of Sangam India is ₹1,031 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹1,009 Crs.

No, profit is decreasing.
The profit of Sangam India is ₹19.65 Crs for TTM, ₹31.8 Crs for Mar 2025 and ₹40.82 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Sangam India latest dividend payout ratio is 31.6% and 3yr average dividend payout ratio is 21.04%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Accounts Receivable