Baffin Engg. Project balance sheet is weak and might have solvency issues

The net debt of Baffin Engg. Project is decreasing.
Latest net debt of Baffin Engg. Project is -₹0.1 Crs as of Mar-14.
This is less than Mar-13 when it was -₹0.03 Crs.

The profit is oscillating.
The profit of Baffin Engg. Project is -₹0.12 Crs for Mar 2014, -₹0.12 Crs for Mar 2013 and -₹0.3 Crs for Mar 2012

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Baffin Engg. Project 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, Short Term Loans & Advances