Purple Wave Infocom balance sheet is weak and might have solvency issues

The net debt of Purple Wave Infocom is decreasing.
Latest net debt of Purple Wave Infocom is ₹9.35 Crs as of Mar-25.
This is less than Mar-24 when it was ₹10.28 Crs.

Yes, profit is increasing.
The profit of Purple Wave Infocom is ₹9.12 Crs for Mar 2025, ₹5.44 Crs for Mar 2024 and ₹0.66 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.
Purple Wave Infocom latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable