Star Imaging & Path balance sheet is weak and might have solvency issues

Yes, The debt of Star Imaging & Path is increasing.
Latest debt of Star Imaging & Path is ₹22.54 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹0.65 Crs.

Yes, profit is increasing.
The profit of Star Imaging & Path is ₹15.93 Crs for Mar 2025, ₹12.42 Crs for Mar 2024 and ₹0.58 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.
Star Imaging & Path 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, Short Term Loans & Advances