Blue Chip India balance sheet is weak and might have solvency issues

Yes, The net debt of Blue Chip India is increasing.
Latest net debt of Blue Chip India is -₹0.03 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹0.06 Crs.

The profit is oscillating.
The profit of Blue Chip India is -₹2.94 Crs for Mar 2024, ₹0.69 Crs for Mar 2023 and -₹0.25 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.
Blue Chip India 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 Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances