Balance sheet of Ace Alpha Tech is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of Ace Alpha Tech is increasing.
Latest debt of Ace Alpha Tech is -₹0.45 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹23.87 Crs.

Yes, profit is increasing.
The profit of Ace Alpha Tech is ₹12.81 Crs for TTM, ₹10.53 Crs for Mar 2024 and ₹3.32 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.
Ace Alpha Tech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments