Scintilla Commercial balance sheet is weak and might have solvency issues

Yes, The debt of Scintilla Commercial is increasing.
Latest debt of Scintilla Commercial is ₹0.49 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹0.47 Crs.

No, profit is decreasing.
The profit of Scintilla Commercial is -₹2.19 Crs for Mar 2024, -₹0.01 Crs for Mar 2023 and ₹0.08 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.
Scintilla Commercial 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