BSENetripples Software LtdHighNeutral
Announced Wed, 21 Jan, 2026 · 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 PDFExplain this filing
Price reaction

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.