Heera Ispat balance sheet is weak and might have solvency issues

The net debt of Heera Ispat is decreasing.
Latest net debt of Heera Ispat is -₹0.16 Crs as of Mar-25.
This is less than Mar-24 when it was -₹0.13 Crs.

No, profit is decreasing.
The profit of Heera Ispat is -₹0.46 Crs for Mar 2025, -₹0.16 Crs for Mar 2024 and ₹0.28 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.
Heera Ispat 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