Aris International balance sheet is weak and might have solvency issues

Yes, The net debt of Aris International is increasing.
Latest net debt of Aris International is ₹0.14 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹0.02 Crs.

The profit is oscillating.
The profit of Aris International is ₹0.04 Crs for Mar 2025, ₹0.13 Crs for Mar 2024 and -₹0.35 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.
Aris International 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 Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances