TMT balance sheet is weak and might have solvency issues

Yes, The debt of TMT is increasing.
Latest debt of TMT is ₹6.63 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹6.46 Crs.

The profit is oscillating.
The profit of TMT is -₹0.34 Crs for Mar 2024, -₹1.69 Crs for Mar 2023 and -₹1.15 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.
TMT 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 Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances