Mystic Electronics balance sheet is weak and might have solvency issues

Yes, The net debt of Mystic Electronics is increasing.
Latest net debt of Mystic Electronics is -₹1.1 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹2.2 Crs.

Yes, profit is increasing.
The profit of Mystic Electronics is ₹1.03 Crs for Mar 2025, -₹1.49 Crs for Mar 2024 and -₹3.43 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.
Mystic Electronics 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, Accounts Receivable