Khandelwal Extractn balance sheet is weak and might have solvency issues

Yes, The debt of Khandelwal Extractn is increasing.
Latest debt of Khandelwal Extractn is -₹1.6 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹3.09 Crs.

The profit is oscillating.
The profit of Khandelwal Extractn is ₹0.19 Crs for Mar 2023, ₹0.3 Crs for Mar 2022 and -₹0.25 Crs for Mar 2021

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

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments