Balance sheet of SIS is strong.
It shouldn't have solvency or liquidity issues.

Yes, The net debt of SIS is increasing.
Latest net debt of SIS is ₹329 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹27.63 Crs.

No, profit is decreasing.
The profit of SIS is -₹14.04 Crs for TTM, ₹190 Crs for Mar 2024 and ₹347 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.
SIS 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, Short Term Loans & Advances