Adhata Global balance sheet is weak and might have solvency issues

The net debt of Adhata Global is decreasing.
Latest net debt of Adhata Global is ₹1.45 Crs as of Mar-25.
This is less than Mar-24 when it was ₹1.65 Crs.

The profit is oscillating.
The profit of Adhata Global is -₹0.93 Crs for Mar 2024, -₹4.29 Crs for Mar 2023 and -₹0.92 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.
Adhata Global 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 Cash & Short Term Investments, Capital Work in Progress, Inventory, Short Term Loans & Advances