Shentracon Chemicals balance sheet is weak and might have solvency issues

The net debt of Shentracon Chemicals is decreasing.
Latest net debt of Shentracon Chemicals is ₹0.29 Crs as of Mar-26.
This is less than Mar-25 when it was ₹3.27 Crs.

No, profit is decreasing.
The profit of Shentracon Chemicals is -₹0.3 Crs for Mar 2025, -₹0.11 Crs for Mar 2024 and -₹0.1 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.
Shentracon Chemicals latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances