Balance sheet of A-1 is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of A-1 is increasing.
Latest debt of A-1 is ₹17.09 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹2.52 Crs.

The profit is oscillating.
The profit of A-1 is ₹3.88 Crs for TTM, ₹1.09 Crs for Mar 2024 and ₹3.61 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.
A-1 latest dividend payout ratio is 158.19% and 3yr average dividend payout ratio is 77.76%

Companies resources are majorly tied in miscellaneous assets