A And M Jumbo Bags balance sheet is weak and might have solvency issues

Yes, The net debt of A And M Jumbo Bags is increasing.
Latest net debt of A And M Jumbo Bags is ₹7.37 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹7.16 Crs.

Yes, profit is increasing.
The profit of A And M Jumbo Bags is ₹0.17 Crs for Mar 2025, -₹0.1 Crs for Mar 2024 and -₹1.8 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.
A And M Jumbo Bags latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable