Globale Tessile balance sheet is weak and might have solvency issues

Yes, The net debt of Globale Tessile is increasing.
Latest net debt of Globale Tessile is ₹3.65 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹4.48 Crs.

The profit is oscillating.
The profit of Globale Tessile is ₹0.5 Crs for Mar 2024, -₹1.29 Crs for Mar 2023 and ₹0 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.
Globale Tessile latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets