Alfavision Oversea(I balance sheet is weak and might have solvency issues

The debt of Alfavision Oversea(I is decreasing.
Latest debt of Alfavision Oversea(I is ₹124 Crs as of Mar-24.
This is less than Mar-23 when it was ₹156 Crs.

No, profit is decreasing.
The profit of Alfavision Oversea(I is ₹0.28 Crs for Mar 2024, ₹0.68 Crs for Mar 2023 and ₹1.86 Crs for Mar 2022

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Alfavision Oversea(I latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets