Patil Automation balance sheet is weak and might have solvency issues

The net debt of Patil Automation is decreasing.
Latest net debt of Patil Automation is -₹18.31 Crs as of Mar-25.
This is less than Mar-24 when it was -₹11.44 Crs.

Yes, profit is increasing.
The profit of Patil Automation is ₹11.7 Crs for Mar 2025, ₹7.84 Crs for Mar 2024 and ₹4.2 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.
Patil Automation latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets