BSENetripples Software LtdHighNeutral
Announced Wed, 21 Jan · 11:05 IST

Unaudited Financial Results for Third Quarter ending 31st December 2025 of Financial Year 2025-26 ending 31st March 2026

Revenue DeclineEbitda Margin CompressionNegative Operating CashflowResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Netripples Software reported Q3 FY26 revenue of ₹158.27 lakhs, down from ₹169.66 lakhs in Q3 FY25 — a ~6.7% year-on-year decline — though on a cumulative basis, 9M FY26 revenue grew to ₹449.26 lakhs from ₹422.50 lakhs (about 6.4% growth). Net profit for Q3 slipped to ₹3.92 lakhs from ₹5.06 lakhs a year ago, taking 9M FY26 PAT to ₹12.16 lakhs versus ₹15.56 lakhs last year. The auditor issued an unmodified (clean) limited review opinion. Notably, ₹973.75 lakhs of inventories sit on the balance sheet for what is fundamentally a software company — nearly 97% of total assets — which warrants closer look.

Likely market impact

Persistent margin compression and negative operating cash flow (-₹0.61 lakhs for 9M FY26) signal stress, while the unusually large inventory pile-up for a software business is a key concern for retail investors to track. Near-term stock sentiment could remain subdued until revenue growth re-accelerates and the inventory build-up is explained.