HEM Holdings&Trading balance sheet is weak and might have solvency issues

Yes, The net debt of HEM Holdings&Trading is increasing.
Latest net debt of HEM Holdings&Trading is -₹0.04 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹0.6 Crs.

The profit is oscillating.
The profit of HEM Holdings&Trading is -₹0.71 Crs for TTM, -₹1.2 Crs for Mar 2025 and ₹0.15 Crs for Mar 2024.

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

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