Gita Renewable balance sheet is weak and might have solvency issues

Yes, The net debt of Gita Renewable is increasing.
Latest net debt of Gita Renewable is -₹0.01 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹0.26 Crs.

No, profit is decreasing.
The profit of Gita Renewable is -₹0.39 Crs for Mar 2025, ₹0.26 Crs for Mar 2024 and ₹7.86 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.
Gita Renewable latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances