Restile Ceramics balance sheet is weak and might have solvency issues

The net debt of Restile Ceramics is decreasing.
Latest net debt of Restile Ceramics is ₹36.91 Crs as of Mar-25.
This is less than Mar-24 when it was ₹37.95 Crs.

The profit is oscillating.
The profit of Restile Ceramics is -₹0.83 Crs for TTM, -₹0.96 Crs for Mar 2025 and -₹0.91 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Restile Ceramics 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, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances