Jay Ambe Supermarket balance sheet is weak and might have solvency issues

Yes, The net debt of Jay Ambe Supermarket is increasing.
Latest net debt of Jay Ambe Supermarket is ₹8.29 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹5.25 Crs.

Yes, profit is increasing.
The profit of Jay Ambe Supermarket is ₹2.75 Crs for Mar 2025, ₹1.55 Crs for Mar 2024 and ₹0.35 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.
Jay Ambe Supermarket latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory