NDR INVIT Trust balance sheet is weak and might have solvency issues

Yes, The debt of NDR INVIT Trust is increasing.
Latest debt of NDR INVIT Trust is ₹1,240 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹203 Crs.

Yes, profit is increasing.
The profit of NDR INVIT Trust is ₹136 Crs for Mar 2025, ₹18.55 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.
NDR INVIT Trust latest dividend payout ratio is 198.47% and 3yr average dividend payout ratio is 198.47%

Companies resources are majorly tied in miscellaneous assets