Goplee Infotech balance sheet is weak and might have solvency issues

Yes, The net debt of Goplee Infotech is increasing.
Latest net debt of Goplee Infotech is ₹0.6 Crs as of Mar-10.
This is greater than Mar-09 when it was ₹0.59 Crs.

The profit is oscillating.
The profit of Goplee Infotech is ₹0.03 Crs for Mar 2010, ₹0 Crs for Mar 2009 and ₹0.01 Crs for Mar 1999

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Goplee Infotech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable, Short Term Loans & Advances