Balance sheet of Z-Tech (India) is strong.
It shouldn't have solvency or liquidity issues.

The debt of Z-Tech (India) is decreasing.
Latest debt of Z-Tech (India) is -₹7.31 Crs as of Sep-24.
This is less than Mar-23 when it was ₹0.24 Crs.

Yes, profit is increasing.
The profit of Z-Tech (India) is ₹12.17 Crs for TTM, ₹1.97 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.
Z-Tech (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, Short Term Loans & Advances