SBI Funds Management balance sheet is weak and might have solvency issues

The net debt of SBI Funds Management is decreasing.
Latest net debt of SBI Funds Management is -₹148.97 Crs as of Mar-26.
This is less than Mar-25 when it was -₹144.43 Crs.

Yes, profit is increasing.
The profit of SBI Funds Management is ₹3,067 Crs for Mar 2026, ₹2,540 Crs for Mar 2025 and ₹2,073 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.
SBI Funds Management latest dividend payout ratio is 528.57% and 3yr average dividend payout ratio is 194.1%

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