Mobilise App Lab balance sheet is weak and might have solvency issues

The net debt of Mobilise App Lab is decreasing.
Latest net debt of Mobilise App Lab is -₹4.18 Crs as of Mar-25.
This is less than Mar-24 when it was -₹2.79 Crs.

Yes, profit is increasing.
The profit of Mobilise App Lab is ₹4.71 Crs for Mar 2025, ₹3.1 Crs for Mar 2024 and ₹0 Crs for Mar 2024

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Mobilise App Lab 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 Accounts Receivable