Medistep Healthcare balance sheet is weak and might have solvency issues

The debt of Medistep Healthcare is decreasing.
Latest debt of Medistep Healthcare is -₹0.68 Crs as of Mar-25.
This is less than Mar-24 when it was ₹0.31 Crs.

Yes, profit is increasing.
The profit of Medistep Healthcare is ₹4.14 Crs for Mar 2025, ₹3.33 Crs for Mar 2024 and ₹0 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.
Medistep Healthcare latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable