Fabtech Technologies balance sheet is weak and might have solvency issues

Yes, The net debt of Fabtech Technologies is increasing.
Latest net debt of Fabtech Technologies is -₹15.33 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹82.29 Crs.

Yes, profit is increasing.
The profit of Fabtech Technologies is ₹46.45 Crs for Mar 2025, ₹27.22 Crs for Mar 2024 and ₹21.73 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.
Fabtech Technologies latest dividend payout ratio is 10.46% and 3yr average dividend payout ratio is 10.46%

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