Parmeshwar Metal balance sheet is weak and might have solvency issues

The net debt of Parmeshwar Metal is decreasing.
Latest net debt of Parmeshwar Metal is ₹3.11 Crs as of Mar-25.
This is less than Mar-24 when it was ₹16.97 Crs.

The profit is oscillating.
The profit of Parmeshwar Metal is ₹12.75 Crs for TTM, ₹7.22 Crs for Mar 2024 and ₹8.9 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.
Parmeshwar Metal latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory