ANB Metal Cast balance sheet is weak and might have solvency issues

The debt of ANB Metal Cast is decreasing.
Latest debt of ANB Metal Cast is ₹8.48 Crs as of Mar-25.
This is less than Mar-24 when it was ₹33.53 Crs.

Yes, profit is increasing.
The profit of ANB Metal Cast is ₹10.25 Crs for Mar 2025, ₹5.34 Crs for Mar 2024 and ₹1.85 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.
ANB Metal Cast 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, Inventory, Accounts Receivable