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NETSOL NetSol Technologies Limited

Latest results: FY2026 · Jun 2026

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Last close · 16 Oct 2026

Rs 122.23 -0.30%

Annual · FY2007 – FY2026

NetSol Technologies Limited (NETSOL) balance sheet

At the end of FY2026 (Jul 2025 – Jun 2026) NetSol Technologies Limited had total assets of Rs 18.5 bn, up 28.9% on FY2025. Current assets of Rs 15.8 bn covered current liabilities of Rs 5.2 bn 3.05 times. Total debt was Rs 2.3 bn, leaving net cash of Rs 3.8 bn. Shareholders' equity was Rs 13.3 bn (Rs 153.42 per share), 71.7% of total assets.

NETSOL balance sheet (annual) (Rs bn)
Rs bn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 * Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022
Assets
Cash & short-term investments 6.1 4.0 4.7 2.6 3.8
Trade receivables 6.9 5.9 5.3 5.7 2.5
Other current assets 0.1 0.2 0.1 0.0 0.0
Total current assets 15.8 13.0 12.6 11.0 8.6
Property, plant & equipment 1.5 1.2 1.2 1.5 1.6
Intangible assets 0.6 0.0 0.0 0.0 0.3
Long-term investments — — — — —
Other non-current assets — — — — —
Total non-current assets 2.7 1.4 1.3 1.6 2.0
Total assets 18.5 14.4 13.9 12.5 10.6
Liabilities
Trade payables 1.1 1.2 0.8 0.0 0.1
Short-term borrowings & current portion of debt 2.2 2.2 1.6 1.6 1.7
Total current liabilities 5.2 3.5 3.8 3.6 2.7
Long-term debt 0.1 0.0 0.0 0.1 0.1
Other non-current liabilities 0.0 0.0 0.0 0.0 0.0
Total non-current liabilities 0.1 0.0 0.0 0.1 0.1
Total liabilities 5.2 3.5 3.8 3.6 2.8
Equity
Share capital 0.9 0.9 0.9 0.9 0.9
Reserves & retained earnings 12.4 9.9 8.8 7.6 6.4
Equity attributable to shareholders 13.3 10.8 10.1 8.9 7.8
Non-controlling interest 0.0 0.0 0.0 0.0 0.0
Total equity 13.3 10.8 10.1 8.9 7.8
Total liabilities & equity 18.5 14.4 13.9 12.5 10.6
Key figures
Total debt 2.3 2.2 1.6 1.7 1.8
Net debt / (net cash) (3.8) (1.8) (3.1) (1.0) (2.0)
Shares outstanding mn 86.5 85.1 89.8 89.8 87.8
Common equity 13.3 10.8 10.1 8.9 7.8
Book value per share (Rs) Rs 153.42 127.13 112.50 98.99 88.78
NETSOL balance sheet — year-on-year change (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 * Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022
Assets
Cash & short-term investments +53.6% -15.0% +77.3% -30.6% -0.0%
Trade receivables +18.3% +10.2% -5.9% +125.1% +52.5%
Other current assets -46.6% +96.5% +2,292.6% +56.4% -26.5%
Total current assets +21.6% +2.9% +15.1% +27.1% +20.2%
Property, plant & equipment +19.6% +0.5% -19.7% -6.1% +0.9%
Intangible assets — — -100.0% -87.9% -46.8%
Long-term investments — — — — —
Other non-current assets — — — — —
Total non-current assets +97.5% +6.3% -17.2% -20.2% -18.8%
Total assets +28.9% +3.2% +11.1% +18.4% +10.4%
Liabilities
Trade payables -4.6% +53.8% +2,764.5% -66.0% +320.8%
Short-term borrowings & current portion of debt +1.5% +37.3% -2.0% -2.6% -5.1%
Total current liabilities +46.9% -7.6% +6.6% +32.4% +13.4%
Long-term debt +333.7% +394.9% -94.7% -44.9% +3.8%
Other non-current liabilities +235.5% +171.4% -88.0% +2,242.0% -92.5%
Total non-current liabilities +305.3% +299.9% -93.0% -27.3% -5.6%
Total liabilities +48.2% -7.2% +4.7% +30.4% +12.7%
Equity
Share capital 0.0% 0.0% -0.0% +2.3% -2.2%
Reserves & retained earnings +24.6% +12.5% +15.8% +19.4% +12.2%
Equity attributable to shareholders +22.6% +7.1% +13.6% +14.0% +9.6%
Non-controlling interest — — — — —
Total equity +22.6% +7.1% +13.6% +14.0% +9.6%
Total liabilities & equity +28.9% +3.2% +11.1% +18.4% +10.4%
Key figures
Total debt +3.5% +37.9% -4.8% -4.8% -4.7%
Net debt / (net cash) — — — — —
Shares outstanding — — — — —
Common equity +22.6% +7.1% +13.6% +14.0% +9.6%
Book value per share (Rs) +20.7% +13.0% +13.6% +11.5% +12.1%

Change against the previous fiscal year; shown when the earlier figure is positive.

NETSOL balance sheet — common size (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 * Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022
Assets
Cash & short-term investments 32.9% 27.6% 33.5% 21.0% 35.8%
Trade receivables 37.5% 40.9% 38.3% 45.2% 23.8%
Other current assets 0.7% 1.6% 0.8% 0.0% 0.0%
Total current assets 85.3% 90.4% 90.7% 87.5% 81.5%
Property, plant & equipment 7.9% 8.5% 8.8% 12.1% 15.3%
Intangible assets 3.1% 0.0% 0.0% 0.3% 3.2%
Long-term investments — — — — —
Other non-current assets — — — — —
Total non-current assets 14.7% 9.6% 9.3% 12.5% 18.5%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 6.0% 8.2% 5.5% 0.2% 0.7%
Short-term borrowings & current portion of debt 12.0% 15.2% 11.5% 13.0% 15.8%
Total current liabilities 27.9% 24.5% 27.4% 28.5% 25.5%
Long-term debt 0.3% 0.1% 0.0% 0.4% 0.9%
Other non-current liabilities 0.1% 0.0% 0.0% 0.1% 0.0%
Total non-current liabilities 0.4% 0.1% 0.0% 0.5% 0.9%
Total liabilities 28.3% 24.6% 27.4% 29.1% 26.4%
Equity
Share capital 4.9% 6.3% 6.5% 7.2% 8.3%
Reserves & retained earnings 66.8% 69.1% 63.4% 60.8% 60.3%
Equity attributable to shareholders 71.7% 75.4% 72.6% 70.9% 73.6%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 71.7% 75.4% 72.6% 70.9% 73.6%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 12.3% 15.3% 11.5% 13.4% 16.6%
Net debt / (net cash) (20.6%) (12.3%) (22.1%) (7.6%) (19.2%)
Common equity 71.7% 75.4% 72.6% 70.9% 73.6%

Each line as a percentage of total assets.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.

All reported line items 192
NETSOL balance sheet — all reported line items (Rs bn)
Rs bn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022
Cash & Cash Equivalents 5.7 3.8 4.7 2.6 3.8
Cash & Short Term Investments 6.1 4.0 4.7 2.6 3.8
Short-Term Investments - Total 0.4 0.2 — — —
Loans & Receivables - Net - Short-Term 9.6 8.8 7.8 8.1 4.8
Loans & Receivables - Total 10.3 8.9 7.9 8.1 4.8
Trade Accounts & Trade Notes Receivable - Net 6.9 5.9 5.3 5.7 2.5
Trade Accounts & Trade Notes Receivable - Gross — — — 6.0 2.7
Provision - Trade Accounts & Trade Notes Receivable — — — 0.4 0.2
Loans - Short-Term 0.1 0.0 0.1 0.0 0.0
Income Tax - Receivables - Short-Term — — — — 0.0
Receivables - Other - Total 2.5 2.9 2.4 2.5 2.2
Accounts & Notes Receivable - Trade - Gross - Total — — — 6.0 2.7
Prepaid Expenses - Short-Term — 0.0 0.0 0.2 0.1
Investments - Total 0.4 0.2 — — —
Assets Held for Sale/Discontinued Operations - Short-Term — — — — —
Other Current Assets - Total 0.1 0.2 0.1 0.0 0.0
Property, Plant & Equipment - Net - Total 1.5 1.2 1.2 1.5 1.6
Property, Plant & Equipment - Gross - Total — — — 3.1 3.4
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total — — — 1.6 1.7
Other Current Assets 0.1 0.2 0.1 0.0 0.0
Other Assets - Total 0.1 0.2 0.1 0.0 0.0
Investments in Associates, Joint Ventures and Unconsolidated Subsidiaries — — — — 0.0
Intangible Assets - Total - Net 0.6 0.0 0.0 0.0 0.3
Total Current Assets 15.8 13.0 12.6 11.0 8.6
Intangible Assets - excluding Goodwill - Net - Total 0.6 0.0 0.0 0.0 0.3
Investments - Long-Term — — — — —
Investments - Available for Sale/Held to Maturity - Long-Term — — — — —
Intangible Assets - Gross - Total — — — 2.9 2.9
Intangible Assets - excluding Goodwill - Gross — — — 2.9 2.9
Receivables & Loans - Long-Term 0.7 0.2 0.1 0.0 0.0
Intangible Assets - Accumulated Amortization & Impairment - Total — — — 2.9 2.6
Intangible Assets - excluding Goodwill - Accumulated Amortization & Impairment - Total — — — 2.9 2.6
Loans - Long-Term 0.0 0.0 0.0 0.0 0.0
Computer Software - Intangible Assets - Net — — — — —
Receivables - Other - Net - Long-Term 0.7 0.1 0.1 — —
Intangible Assets - Other - Net — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total — — — 1.5 1.6
Land & Buildings - Net — — — 0.8 0.8
Land/Improvements - Net — — — 0.3 0.3
Computer Software - Intangible Assets - Gross — — — — —
Leasehold Improvements - Net — — — — —
Plant, Machinery & Equipment - Net — — — 0.7 0.7
Transportation Equipment - Net — — — 0.3 0.3
Computer Software & Equipment - Net — — — 0.4 0.4
Construction in Progress - Net — — — — —
Property, Plant & Equipment - Under Capital Lease - Net — — — — —
Right of Use Tangible Assets - Total - Net — — — 0.0 0.0
Right of Use Tangible Assets - Capital/Finance Lease - Net — — — 0.0 0.0
Property, Plant & Equipment - Other - Net — — — 0.1 0.1
Computer Software - Intangible Assets - Accumulated Amortization & Impairment — — — — —
Intangible Assets - Other - Accumulated Amortization & Impairment — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Gross — — — 3.1 3.4
Land & Buildings - Gross — — — 1.2 1.2
Land/Improvements - Gross — — — 0.3 0.3
Leasehold Improvements - Gross — — — — —
Plant, Machinery & Equipment - Gross — — — 1.7 1.9
Transportation Equipment - Gross — — — 0.5 0.5
Computer Software & Equipment - Gross — — — 1.0 1.3
Construction in Progress - Gross — — — — —
Property, Plant & Equipment - Under Capital Lease - Gross — — — — —
Right of Use Tangible Assets - Total - Gross — — — 0.0 0.1
Total Assets 18.5 14.4 13.9 12.5 10.6
Right of Use Tangible Assets - Capital/Finance Lease - Gross — — — 0.0 0.1
Property, Plant & Equipment - Other - Gross — — — 0.2 0.2
Debt - Total 2.3 2.2 1.6 1.7 1.8
Short-Term Debt & Current Portion of Long-Term Debt 2.2 2.2 1.6 1.6 1.7
Property, Plant & Equipment - excluding Assets Leased Out - Accumulated Depreciation & Impairment - Total — — — 1.6 1.7
Land & Buildings - Accumulated Depreciation & Impairment — — — 0.4 0.4
Land/Improvements - Accumulated Depreciation & Impairment — — — 0.0 0.0
Leasehold Improvements - Accumulated Depreciation & Impairment — — — — —
Current Portion of Long-Term Debt including Capitalized Leases 0.0 0.0 0.0 0.0 0.1
Plant, Machinery & Equipment - Accumulated Depreciation & Impairment — — — 1.1 1.3
Transportation Equipment - Accumulated Depreciation & Impairment — — — 0.2 0.2
Capitalized Leases - Current Portion — 0.0 0.0 0.0 0.0
Computer Software & Equipment - Accumulated Depreciation & Impairment — — — 0.7 1.0
Short-Term Debt & Notes Payable 2.2 2.2 1.6 1.6 1.6
Debt - Long-Term - Total 0.1 0.0 0.0 0.1 0.1
Property, Plant & Equipment - Under Capital Lease - Accumulated Depreciation & Impairment — — — — —
Right of Use Tangible Assets - Total/Unspecified - Accumulated Depreciation — — — 0.0 0.0
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation — — — 0.0 0.0
Property, Plant & Equipment - Other - Accumulated Depreciation & Impairment — — — 0.1 0.1
Current Portion of Long-Term Debt excluding Capitalized Leases — 0.0 0.0 0.0 0.1
Capitalized Lease Obligations - Long-Term — 0.0 0.0 0.0 0.0
Long-Term Debt excluding Capitalized Leases 0.1 0.0 0.0 0.0 0.1
Other Non-Current Assets - Total — — — — —
Debt - Non-Convertible - Long-Term 0.1 0.0 0.0 0.0 0.1
Dividends Payable 0.0 0.0 0.0 0.0 0.0
Deferred Charges - Long-Term — — — — —
Payables & Accrued Expenses 1.1 1.2 0.8 0.8 0.6
Trade Account Payables - Total 1.1 1.2 0.8 0.0 0.1
Other Non-Current Assets — — — — —
Accrued Expenses — — — 0.7 0.5
Liabilities Held for Sale/Discontinued Operations - Long-term & Short-Term — — — — —
Total Liabilities 5.2 3.5 3.8 3.6 2.8
Shareholders' Equity - Attributable to Parent Shareholders - Total 13.3 10.8 10.1 8.9 7.8
Total Non-Current Assets 2.7 1.4 1.3 1.6 2.0
Common Equity Attributable to Parent Shareholders 13.3 10.8 10.1 8.9 7.8
Common Equity - Contributed 0.9 0.9 1.5 1.5 1.4
Common Stock - Issued & Paid 0.9 0.9 0.9 0.9 0.9
Equity - Non-Contributed - Reserves & Retained Earnings 12.4 9.9 8.8 7.6 6.4
Retained Earnings - Total 12.4 9.9 8.8 7.6 6.4
Trade Accounts Payable & Accruals - Short-Term 1.1 1.2 0.8 0.8 0.6
Comprehensive Income - Accumulated - Total — — 0.0 0.0 (0.0)
Trade Accounts & Trade Notes Payable - Short-Term 1.1 1.2 0.8 0.0 0.1
Accrued Expenses - Short-Term — — — 0.7 0.5
Foreign Currency Translation Adjustment - Accumulated — — 0.0 0.0 (0.0)
Income Taxes - Payable - Short-Term 0.0 — — — —
Dividends/Distributions Payable 0.0 0.0 0.0 0.0 0.0
Other Current Liabilities - Total 1.8 0.2 1.4 1.2 0.5
Common Equity - Total 13.3 10.8 10.1 8.9 7.8
Deferred Income - Short-Term 1.8 0.2 1.4 1.1 0.4
Security Deposits — — — — —
Common Stock - Additional Paid in Capital including Option Reserve — — 0.6 0.6 0.5
Minority Interest - Equity — — — — —
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 13.3 10.8 10.1 8.9 7.8
Total Liabilities & Equity 18.5 14.4 13.9 12.5 10.6
Other Current Liabilities — — — 0.1 0.1
Total Current Liabilities 5.2 3.5 3.8 3.6 2.7
Liabilities Held for Sale/Discontinued Operations - Long-Term — — — — —
Other Non-Current Liabilities - Total 0.0 0.0 0.0 0.0 0.0
Deferred Revenue - Long-Term — — — — —
Other Non-Current Liabilities 0.0 0.0 0.0 0.0 0.0
Total Non-Current Liabilities 0.1 0.0 0.0 0.1 0.1
Common Stock - Treasury/Repurchased — — 0.2 0.2 —
Common Shares - Issued - Total mn 91.2 89.8 89.8 89.8 87.8
Common Shares - Outstanding - Total mn 86.5 85.1 89.8 89.8 87.8
Common Shares - Treasury - Total mn 4.7 4.7 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 200.0 200.0 200.0 200.0 150.0
Common Shares - Issued - Issue Specific mn 91.2 89.8 89.8 89.8 87.8
Common Shares - Outstanding - Issue Specific mn 86.5 85.1 89.8 89.8 87.8
Common Shares - Treasury - Issue Specific mn 4.7 4.7 0.0 0.0 0.0
Asset Allocation Factor - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Right of Use Tangible Assets - Total - Net - Supplemental — — — 0.0 0.0
Right of Use Tangible Assets - Capital/Finance Lease - Net - Supplemental — — — 0.0 0.0
Right of Use Tangible Assets - Total - Gross - Supplemental — — — 0.0 0.1
Right of Use Tangible Assets - Capital/Finance Lease - Gross - Supplemental — — — 0.0 0.1
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net - Supplemental — — — 1.5 1.6
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Gross - Supplemental — — — 3.1 3.3
Finance and Operating Lease Liabilities - Total - Supplemental — 0.0 0.0 0.0 0.0
Debt including Finance and Operating Lease Liabilities - Supplemental 2.3 2.2 1.6 1.7 1.8
Net Debt (3.8) (1.8) (3.1) (1.0) (2.0)
Debt - Long-Term - Maturities - Total — — — — —
Debt - Long-Term - Maturities - within 1 Year — — — — —
Debt - Long-Term - Maturities - Year 5 — — — — —
Capital Lease Maturities - Total — — — 0.0 0.0
Debt - Long-Term - Maturities - 4-5 Years — — — — —
Capital Lease Maturities - Due within 1 Year — — — 0.0 0.0
Capital Lease Maturities - Due in Year 5 — — — 0.0 0.0
Capital Lease Maturities - Due in 4-5 Years — — — 0.0 0.0
Minority Interest - Total — — — — —
Asset Accruals 12.1 10.4 9.2 9.9 6.8
Cash & Cash Equivalents - Total 5.7 3.8 4.7 2.6 3.8
Cash & Short Term Investments - Total 6.1 4.0 4.7 2.6 3.8
Debt - including Preferred Equity & Minority Interest - Total 2.3 2.2 1.6 1.7 1.8
Right of Use Tangible Assets - Total - Accumulated Depreciation - Supplemental — — — 0.0 0.0
Investments - Permanent — — — — 0.0
Net Book Capital 9.5 9.1 7.0 7.9 5.8
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation - Supplemental — — — 0.0 0.0
Net Operating Assets 9.5 9.1 7.0 7.9 5.8
Shareholders Equity - Common 13.3 10.8 10.1 8.9 7.8
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Accumulated Depreciation - Supplemental — — — 1.6 1.7
Tangible Total Equity 12.7 10.8 10.1 8.9 7.5
Tangible Book Value 12.7 10.8 10.1 8.9 7.5
Total Book Capital 15.5 13.0 11.7 10.6 9.6
Total Capital 15.5 13.0 11.7 10.6 9.6
Total Long Term Capital 13.3 10.8 10.1 9.0 7.9
Unearned Revenue - Total 1.8 0.2 1.4 1.1 0.4
Book Value excluding Other Equity 13.3 10.8 10.1 8.9 7.8
Assets Held for Sale/Discontinued Operations - Long-Term & Short-Term — — — — —
Income Taxes - Payable - Long-Term & Short-Term 0.0 — — — —
Contract Assets - Short-Term - Unbilled Revenue in Excess of Advance Consideration & Progress Billings 2.1 2.5 1.8 2.0 1.8
Contract Assets - Long-Term - Unbilled Revenue in Excess of Advance Consideration & Progress Billings 0.7 0.1 0.1 — —
Contract Liabilities - Short-Term - Advance Consideration & Progress Billings in Excess of Unbilled Revenue 1.8 0.2 1.4 1.1 0.4
Accruals - Short-Term 4.9 5.7 4.1 4.8 2.1
Cash & Short Term Investments - Net of Debt 3.8 1.8 3.1 1.0 2.0
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 0.0 0.0 0.0 0.0 0.1
Total Fixed Assets - Net 2.0 1.2 1.2 1.6 2.0
Working Capital 10.6 9.5 8.8 7.4 5.9
Interest Bearing Liabilities - Total 2.3 2.2 1.6 1.7 1.8
Working Capital - Non-Cash 4.5 5.5 4.1 4.8 2.1
Working Capital excluding Other Current Assets & Liabilities 12.3 9.4 10.1 8.6 6.4
Net Debt Including Preferred Equity & Minority Interest (3.8) (1.8) (3.1) (1.0) (2.0)
Other Short-Term & Long-Term Assets - Total 0.1 0.2 0.1 0.0 0.0
Other Short-Term & Long-Term Liabilities - Total 1.8 0.2 1.4 1.2 0.5
Tangible Book Value excluding Other Equity 12.7 10.8 10.1 8.9 7.5
Total Debt Excluding Islamic 2.3 2.2 1.6 1.7 1.8
Trade Accounts & Trade Notes Receivable - Net - Total 6.9 5.9 5.3 5.7 2.5
Provision for Doubtful Accounts & Notes Receivable - Total — — — 0.4 0.2
Current Liabilities excluding Current Debt - Total 2.9 1.3 2.2 1.9 1.0
Cash in Hand & with Banks - Total 5.7 3.8 4.7 2.6 3.8
Current Assets excluding Cash & Short Term Investments - Total 9.7 9.0 8.0 8.3 4.8
Cash, Short Term Investments & Accounts Receivable - Total 13.0 9.8 10.0 8.3 6.3

Every line the company reported, in the original order and wording, without regrouping or signs changed.