Trescon balance sheet is weak and might have solvency issues

Yes, The debt of Trescon is increasing.
Latest debt of Trescon is ₹16.45 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹0.15 Crs.

The profit is oscillating.
The profit of Trescon is ₹1.42 Crs for Mar 2024, ₹2.82 Crs for Mar 2023 and ₹1.27 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.
Trescon 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, Inventory