DCM balance sheet is weak and might have solvency issues

Yes, The debt of DCM is increasing.
Latest debt of DCM is -₹22.19 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹24.13 Crs.

The profit is oscillating.
The profit of DCM is ₹5.61 Crs for TTM, ₹2.33 Crs for Mar 2023 and ₹30.17 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.
DCM latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets