Jatalia Global Vent balance sheet is weak and might have solvency issues

The debt of Jatalia Global Vent is decreasing.
Latest debt of Jatalia Global Vent is ₹1.98 Crs as of Mar-24.
This is less than Mar-23 when it was ₹2.25 Crs.

The profit is oscillating.
The profit of Jatalia Global Vent is -₹0.2 Crs for Mar 2024, -₹19.14 Crs for Mar 2023 and -₹8.9 Crs for Mar 2022

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

Companies resources are majorly tied in miscellaneous assets