Taurian MPS balance sheet is weak and might have solvency issues

Yes, The net debt of Taurian MPS is increasing.
Latest net debt of Taurian MPS is ₹8.91 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹7.06 Crs.

The profit is oscillating.
The profit of Taurian MPS is ₹9.5 Crs for Mar 2025, ₹11.32 Crs for Mar 2024 and ₹0.22 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.
Taurian MPS latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable