Ashwini Container balance sheet is weak and might have solvency issues

Yes, The net debt of Ashwini Container is increasing.
Latest net debt of Ashwini Container is ₹60.88 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹58.21 Crs.

The profit is oscillating.
The profit of Ashwini Container is ₹11.45 Crs for Mar 2025, ₹1.38 Crs for Mar 2024 and ₹2.1 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.
Ashwini Container latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable