Bharatrohan Airborne balance sheet is weak and might have solvency issues

The net debt of Bharatrohan Airborne is decreasing.
Latest net debt of Bharatrohan Airborne is -₹11.22 Crs as of Mar-25.
This is less than Mar-24 when it was ₹2.43 Crs.

Yes, profit is increasing.
The profit of Bharatrohan Airborne is ₹7.59 Crs for Mar 2025, ₹5.12 Crs for Mar 2024 and ₹1.81 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.
Bharatrohan Airborne latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Inventory