Snehaa Organics balance sheet is weak and might have solvency issues

Yes, The net debt of Snehaa Organics is increasing.
Latest net debt of Snehaa Organics is ₹8.7 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹3.58 Crs.

Yes, profit is increasing.
The profit of Snehaa Organics is ₹7.34 Crs for Mar 2025, ₹3.66 Crs for Mar 2024 and ₹2.78 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.
Snehaa Organics 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