Nanta Tech balance sheet is weak and might have solvency issues

Yes, The net debt of Nanta Tech is increasing.
Latest net debt of Nanta Tech is ₹3.16 Crs as of Mar-26.
This is greater than Mar-25 when it was ₹0.43 Crs.

Yes, profit is increasing.
The profit of Nanta Tech is ₹8.64 Crs for TTM, ₹4.71 Crs for Mar 2025 and ₹1.84 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Nanta Tech 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