Audited Assets and Liabilities for the year 2024-25
Awaiting price reaction for this filing.
Netripples Software Ltd has filed its audited balance sheet as on 31 March 2025. Total assets and liabilities stand at approximately Rs 10.20 crore, up marginally from Rs 10.15 crore in FY24. Share capital is unchanged at Rs 6.82 crore, while reserves and surplus rose only slightly to Rs 3.10 crore from Rs 3.08 crore. The company has no long-term or short-term borrowings, and cash and bank balances remain very small at Rs 4.77 lakh. Nearly 95% of total assets (Rs 9.74 crore) are classified as 'Inventories', which is unusual for a software company and worth investigating. Trade payables more than doubled to Rs 4.75 lakh from Rs 2.01 lakh, while trade receivables fell 19% to Rs 18.76 lakh.
The balance sheet shows a largely flat year with negligible growth in reserves and no debt, but the unusually high inventory figure for a software firm raises questions about the nature of its business and asset quality. Investors should look for the full profit & loss statement to assess actual revenue and profitability, which are missing from this filing.