Balance sheet of Ace Alpha Tech is strong.
It shouldn't have solvency or liquidity issues.

The net debt of Ace Alpha Tech is decreasing.
Latest net debt of Ace Alpha Tech is -₹23.87 Crs as of Mar-24.
This is less than Mar-23 when it was -₹1.16 Crs.

Yes, profit is increasing.
The profit of Ace Alpha Tech is ₹10.53 Crs for Mar 2024, ₹3.32 Crs for Mar 2023 and ₹0.13 Crs for Mar 2022

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Ace Alpha Tech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

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