Megasoft balance sheet is weak and might have solvency issues

The net debt of Megasoft is decreasing.
Latest net debt of Megasoft is -₹24.07 Crs as of Sep-25.
This is less than Mar-25 when it was ₹119 Crs.

No, profit is decreasing.
The profit of Megasoft is -₹29.94 Crs for Mar 2025, -₹12.75 Crs for Mar 2024 and ₹8.86 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.
Megasoft latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances