Balance sheet of NAPS Global India is strong.
It shouldn't have solvency or liquidity issues.

The debt of NAPS Global India is decreasing.
Latest debt of NAPS Global India is -₹2.25 Crs as of Mar-24.
This is less than Mar-23 when it was -₹0.31 Crs.

Yes, profit is increasing.
The profit of NAPS Global India is ₹1.45 Crs for Mar 2024, ₹0.27 Crs for Mar 2023 and ₹0.18 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.
NAPS Global India latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable