Rossell Techsys balance sheet is weak and might have solvency issues

Yes, The debt of Rossell Techsys is increasing.
Latest debt of Rossell Techsys is ₹192 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹0 Crs.

The profit is oscillating.
The profit of Rossell Techsys is ₹13.24 Crs for TTM, -₹0.69 Crs for Mar 2024 and -₹0.18 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.
Rossell Techsys latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets