Hind Fluorocarbons balance sheet is weak and might have solvency issues

Yes, The net debt of Hind Fluorocarbons is increasing.
Latest net debt of Hind Fluorocarbons is ₹107 Crs as of Sep-25.
This is greater than Mar-25 when it was ₹66.41 Crs.

The profit is oscillating.
The profit of Hind Fluorocarbons is ₹0.42 Crs for Mar 2025, ₹1.23 Crs for Mar 2024 and -₹5.11 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.
Hind Fluorocarbons 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