NetRipples FY26 net profit rises to ₹272,211

1 min read     Updated on 30 May 2026, 05:07 PM
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AI Summary

NetRipples Software Limited reported a net profit of ₹272,211 for the fiscal year ended March 31, 2026, an increase from ₹210,090 in the previous year. Revenue from operations rose to ₹717,64,619, while total expenses increased to ₹714,67,408. The Board of Directors approved the audited financial results on May 23, 2026.

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NetRipples Software Limited has reported its annual financial results for the fiscal year ended March 31, 2026. The company recorded a net profit of ₹272,211 for the year, representing an increase compared to the net profit of ₹210,090 in the previous fiscal year ended March 31, 2025. The audited financial statements were prepared assuming the company will continue as a Going Concern, with BGS & Associates providing an unqualified opinion.

The company's revenue from operations rose to ₹717,64,619 in FY26 from ₹626,96,200 in FY25. Total income for the year was reported at ₹717,64,619. The total expenses for the year amounted to ₹714,67,408, up from ₹624,62,110 in the corresponding period last year. The auditors noted that the company has not incurred cash losses in the current or immediately preceding financial year.

Financial Performance

The profit before tax for the year stood at ₹297,211, an increase from ₹234,090 in the previous year. The tax expense for the current year was recorded at ₹25,000, compared to ₹24,000 in the prior year. Earnings per share (EPS) for the year improved to ₹0.04 from ₹0.03 in the previous year. The auditors identified the recognition and measurement of revenue from software services and the valuation of deferred tax assets as Key Audit Matters.

Balance Sheet Highlights

The company's total assets as of March 31, 2026, stood at ₹10,23,15,369. Equity share capital remained unchanged at ₹681,69,000. Reserves and surplus increased to ₹312,61,555 from ₹309,89,344 in the previous year. Total equity was reported at ₹994,30,555. The company confirmed that title deeds of all immovable properties are held in its name and that no proceedings are pending for holding benami property.

Cash Flow Statement

The audited cash flow statement for the year ended March 31, 2026, reveals a net decrease in cash and cash equivalents of ₹4,30,999. Cash generated from operations was ₹41,157, while net cash used in investing activities was ₹4,72,156. There were no cash flows from financing activities. Cash and cash equivalents at the end of the year stood at ₹46,00,01.

Key Financial Metrics

Metric FY26 (₹) FY25 (₹)
Revenue from Operations 717,64,619 626,96,200
Total Expenses 714,67,408 624,62,110
Profit Before Tax 297,211 234,090
Net Profit 272,211 210,090
Earnings Per Share (Basic) 0.04 0.03

What strategies will NetRipples implement to improve operating cash flow given the net decrease in cash equivalents?

How does the company plan to address the Key Audit Matters regarding revenue recognition and deferred tax asset valuation in the coming year?

Will the increase in profit margins be sustainable if total expenses continue to rise at a similar pace to revenue?

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Netripples Software Limited Files Yearly Promoter Disclosure Under SEBI Takeover Regulations for FY26

1 min read     Updated on 08 May 2026, 01:18 PM
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Netripples Software Limited filed its yearly promoter disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with BSE Limited on April 7, 2026. The promoters declared holding 24,18,000 shares of the company as on March 31, 2026. No encumbrance of shares was made, directly or indirectly, during the financial year ended March 31, 2026. The disclosure was submitted by the Managing Director as the authorised signatory.

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Netripples Software Limited has submitted its annual promoter disclosure to BSE Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. The filing, dated April 7, 2026, was addressed to the Listing Department at BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Promoter Shareholding and Encumbrance Status

Pursuant to the provisions of Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the promoters of the company declared their shareholding position and confirmed the absence of any encumbrance on shares during the reporting period. The key details of the disclosure are presented below:

Parameter: Details
Company Name: Netripples Software Limited
Disclosure Type: Regulation 31(4) – SEBI Takeover Regulations, 2011
Reporting Period: Financial year ended March 31, 2026
Shares Held by Promoters: 24,18,000 shares
Encumbrance of Shares: Nil (no encumbrance made directly or indirectly)
Filing Date: April 7, 2026
Exchange Filed With: BSE Limited

Regulatory Compliance

The disclosure confirms that the promoters held 24,18,000 shares of Netripples Software Limited as on March 31, 2026, and that no encumbrance of shares was made, either directly or indirectly, during the financial year ended March 31, 2026. This filing is in compliance with the mandatory annual disclosure requirements prescribed under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The submission was made by the Managing Director as the authorised signatory on behalf of the company.

Will Netripples Software Limited's promoters consider increasing their shareholding stake in the coming financial year to signal stronger confidence in the company's growth trajectory?

How might Netripples Software Limited's clean encumbrance record influence its ability to raise capital or attract institutional investors in FY2027?

Are there any upcoming mergers, acquisitions, or open market transactions that could trigger a change in promoter shareholding and necessitate additional SEBI disclosures?

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