Sotefin Bharat balance sheet is weak and might have solvency issues

Yes, The net debt of Sotefin Bharat is increasing.
Latest net debt of Sotefin Bharat is ₹22.5 Crs as of Mar-26.
This is greater than Mar-25 when it was ₹9.96 Crs.

Yes, profit is increasing.
The profit of Sotefin Bharat is ₹17.37 Crs for Mar 2026, ₹11.31 Crs for Mar 2025 and ₹6.25 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.
Sotefin Bharat 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 Accounts Receivable