Balance sheet of Niks Technology is strong.
It shouldn't have solvency or liquidity issues.

Yes, The net debt of Niks Technology is increasing.
Latest net debt of Niks Technology is -₹2.65 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹2.82 Crs.

The profit is oscillating.
The profit of Niks Technology is ₹0.45 Crs for Mar 2025, ₹0.45 Crs for Mar 2024 and ₹0.26 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.
Niks Technology 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, Short Term Loans & Advances