Bagadia Colorchem balance sheet is weak and might have solvency issues

Yes, The net debt of Bagadia Colorchem is increasing.
Latest net debt of Bagadia Colorchem is ₹4.83 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹15.83 Crs.

Yes, profit is increasing.
The profit of Bagadia Colorchem is ₹0.44 Crs for Mar 2024, -₹0.01 Crs for Mar 2023 and -₹0.03 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.
Bagadia Colorchem 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