Aakaar Medical Techn balance sheet is weak and might have solvency issues

The net debt of Aakaar Medical Techn is decreasing.
Latest net debt of Aakaar Medical Techn is ₹11.67 Crs as of Mar-25.
This is less than Mar-24 when it was ₹14.5 Crs.

Yes, profit is increasing.
The profit of Aakaar Medical Techn is ₹6.04 Crs for Mar 2025, ₹2.87 Crs for Mar 2024 and ₹2.15 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.
Aakaar Medical Techn latest dividend payout ratio is 24.38% and 3yr average dividend payout ratio is 24.38%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable