Sterling Green Woods balance sheet is weak and might have solvency issues

Yes, The net debt of Sterling Green Woods is increasing.
Latest net debt of Sterling Green Woods is ₹12.4 Crs as of Sep-25.
This is greater than Mar-25 when it was ₹9.15 Crs.

The profit is oscillating.
The profit of Sterling Green Woods is -₹0.77 Crs for TTM, -₹0.76 Crs for Mar 2025 and -₹1.72 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Sterling Green Woods 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, Capital Work in Progress, Inventory, Accounts Receivable