NETRIPPLES SOFTWARE LIMITED

Nature of the Disclosure

This document constitutes the audited financial statements of Netripples Software Limited for the financial year ended 31 March 2026, including the Balance Sheet, Profit and Loss Account, Cash Flow Statement, and accompanying notes. The statements were approved by the board of directors and signed by the auditors, BGS & Associates, Chartered Accountants.

Key Financial Figures & Performance

Profit & Loss Account (As on 31 March 2026):

  • Revenue from Operations: ₹7,17,64,619 for FY26, compared to ₹6,26,96,200 for FY25.
  • Total Expenses: ₹7,14,67,408 for FY26.
  • Profit Before Tax: ₹2,97,211 for FY26, compared to ₹2,34,090 for FY25.
  • Tax Expense: ₹25,000 (Current Tax) for FY26, compared to ₹24,000 for FY25.
  • Profit for the Year: ₹2,72,211 for FY26, compared to ₹2,10,090 for FY25.
  • Earnings Per Share (Basic and Diluted): ₹0.04 for FY26, compared to ₹0.03 for FY25.
  • EBITDA (Earnings before interest, tax, depreciation, and amortization): ₹7,36,021 for FY26, compared to ₹6,79,453 for FY25.

Balance Sheet (As on 31 March 2026):

  • Total Assets: ₹10,23,15,369 (FY26) vs. ₹10,20,18,408 (FY25).
  • Non-Current Assets: ₹13,07,901 (primarily Property, Plant and Equipment).
  • Current Assets: ₹10,10,07,467, which includes:
  • Inventories: ₹9,79,29,623
  • Trade Receivables: ₹19,47,000
  • Cash and Cash Equivalents: ₹46,001
  • Other Current Assets: ₹10,84,843 (comprising GST refund claims and credits)
  • Total Equity: ₹9,94,30,555, which includes:
  • Equity Share Capital: ₹6,81,69,000 (68,16,900 shares of ₹10 each)
  • Other Equity (Reserves & Surplus): ₹3,12,61,555
  • Non-Current Liabilities: ₹23,61,065 (Deferred Tax Liabilities).
  • Current Liabilities: ₹5,23,750, which includes:
  • Trade Payables: ₹4,98,750
  • Short-Term Provisions: ₹25,000 (Provision for tax)

Cash Flow Statement (For the year ended 31 March 2026):

  • Cash Flow from Operating Activities: Net cash generated was ₹7,157.
  • Cash Flow from Investing Activities: Net cash used was ₹(272,156), primarily due to payments for Property, Plant and Equipment (₹7,24,358) partly offset by proceeds from sale of assets (₹2,52,207).
  • Cash Flow from Financing Activities: Net cash flow was ₹0.
  • Net Decrease in Cash and Equivalents: ₹(4,30,999).
  • Cash and Cash Equivalents at year end: ₹46,001.

Notes to Financial Statements

5.0 Share Capital: The authorised and issued share capital remained unchanged at 78,60,000 shares (₹7,86,00,000) and 68,16,900 shares (₹6,81,69,000) respectively.

6.0 Reserves and Surplus: Increased to ₹3,12,61,555 from ₹3,09,89,344, with a transfer of ₹2,72,211 from the year's profit.

10.0 Depreciation: Amounted to ₹4,38,810 for FY26 (₹4,45,363 in FY25). A detailed breakdown of depreciation on Plant & Machinery, Furniture, Electrical Installations, Vehicles, and Office Equipment is provided.

11.0 Inventories: Valued at ₹9,79,29,623, consisting of Finished Goods (₹7,93,97,316) and Work-in-Progress (₹1,85,32,308).

15.0 Revenue from Operations: Entirely from the sale of products (₹7,17,64,619), with no revenue from services or exports.

16.0 Changes in Inventories: Net decrease of ₹59,51,248 for FY26.

17.0 Employee Benefits Expense: Totalled ₹13,13,648 for FY26, including salaries (₹11,62,745) and staff welfare (₹1,50,903).

18.0 Other Expenses: Totalled ₹7,56,66,198 for FY26.

19.0 Segment Information: The company operates in a single segment: "Application Software and Services."

21.0 Deferred Tax Liabilities: Stood at ₹23,61,065, unchanged from the previous year.

Parties Involved

  • Auditors: BGS & Associates, Chartered Accountants (FRN: 0013021S). Signatory: B. Govardhana, Proprietor (Membership No. 224317).
  • Board of Directors: Signatories include Mazhar Pasha, Managing Director (DIN: 00719970) and Sameer Sohrab, Director (DIN: 02423411).