CHL balance sheet is weak and might have solvency issues

Yes, The net debt of CHL is increasing.
Latest net debt of CHL is ₹203 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹203 Crs.

The profit is oscillating.
The profit of CHL is -₹4.46 Crs for TTM, ₹9.52 Crs for Mar 2024 and -₹7.36 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.
CHL latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets