Balance sheet of Sparkle Gold Rock is strong.
It shouldn't have solvency or liquidity issues.

Yes, The net debt of Sparkle Gold Rock is increasing.
Latest net debt of Sparkle Gold Rock is -₹0.36 Crs as of Sep-25.
This is greater than Mar-25 when it was -₹0.6 Crs.

The profit is oscillating.
The profit of Sparkle Gold Rock is -₹0.24 Crs for Mar 2025, ₹3.21 Crs for Mar 2024 and -₹0.06 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.
Sparkle Gold Rock latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable