Capfin India balance sheet is weak and might have solvency issues

Yes, The debt of Capfin India is increasing.
Latest debt of Capfin India is ₹0.06 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹0.12 Crs.

The profit is oscillating.
The profit of Capfin India is -₹0.46 Crs for Mar 2024, ₹0.18 Crs for Mar 2023 and ₹0.04 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.
Capfin India 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 Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances