Adjia Technologies balance sheet is weak and might have solvency issues

Yes, The net debt of Adjia Technologies is increasing.
Latest net debt of Adjia Technologies is ₹0.03 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹0.06 Crs.

The profit is oscillating.
The profit of Adjia Technologies is ₹0.05 Crs for Mar 2025, ₹0.07 Crs for Mar 2024 and -₹0.09 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.
Adjia Technologies 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, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances