Last close · 16 Oct 2026
Rs 122.66 +0.05%
Quarterly · Q4 FY2021 – Q4 FY2026
NetSol Technologies Limited (NETSOL) quarterly cash flow statement
| Rs mn | Q4 FY2026 Apr – Jun 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 Apr – Jun 2023 | Q3 FY2023 Jan – Mar 2023 | Q2 FY2023 Oct – Dec 2022 | Q1 FY2023 Jul – Sep 2022 | Q4 FY2022 Apr – Jun 2022 | Q3 FY2022 Jan – Mar 2022 | Q2 FY2022 Oct – Dec 2021 | Q1 FY2022 Jul – Sep 2021 | Q4 FY2021 Apr – Jun 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | — | 729.6 | 111.7 | 1,206.1 | 253.4 | 10.8 | 202.0 | 517.4 | 51.4 | 562.3 | 245.4 | (190.8) | 1,397.7 | (165.7) | 190.1 | 71.9 | 170.2 | 551.1 | 219.2 | 124.5 |
| Depreciation & amortisation | — | 64.9 | 69.2 | 82.3 | 80.2 | 78.8 | 76.0 | 78.0 | 83.7 | 90.5 | 134.8 | 170.0 | 177.7 | 176.9 | 165.0 | 154.6 | 142.3 | 146.3 | 140.1 | 138.6 |
| Net cash from operating activities | — | (1,401.9) | 1,330.8 | 130.7 | (132.1) | (1,056.2) | 550.6 | 2,255.4 | (201.3) | (360.9) | 809.7 | (90.4) | 99.2 | (117.1) | (634.2) | (279.5) | 1,374.9 | (239.9) | (280.1) | 1,087.7 |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | — | (127.9) | (110.8) | (98.6) | (78.4) | (114.1) | (49.7) | (32.2) | (48.4) | (27.9) | (14.3) | (52.4) | (72.5) | (70.1) | (210.1) | (169.3) | (117.4) | (61.9) | (20.4) | (57.7) |
| Net cash from investing activities | — | (110.7) | (106.0) | (69.6) | (77.4) | (314.0) | (49.7) | 37.7 | (13.1) | (27.9) | (14.2) | (9.1) | (51.9) | (67.7) | (175.0) | (152.3) | (115.0) | (52.6) | (19.3) | (41.7) |
| Financing activities | ||||||||||||||||||||
| Borrowings raised / (repaid) | — | 107.7 | (1.9) | (36.6) | (28.8) | 670.9 | (78.9) | (380.7) | (31.2) | (11.5) | (10.8) | (10.5) | (3.9) | (32.4) | (77.7) | 65.6 | (37.5) | (41.0) | (47.9) | (42.4) |
| Net cash from financing activities | — | 215.1 | (1.6) | (31.8) | (448.0) | 671.7 | (78.1) | (403.1) | (28.1) | (9.0) | (8.6) | (8.4) | (1.7) | (30.2) | (75.6) | (116.9) | (36.1) | (38.8) | (45.7) | (44.7) |
| Net change in cash | — | (1,305.8) | 1,220.9 | 31.5 | (657.2) | (698.5) | 422.9 | 1,890.0 | (242.6) | (398.2) | 786.9 | (106.6) | 45.4 | (215.1) | (884.8) | (548.7) | 1,223.8 | (331.4) | (345.0) | 998.7 |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | (1,529.8) | 1,220.0 | 32.1 | (210.5) | (1,170.2) | 500.9 | 2,223.2 | (249.7) | (388.8) | 795.4 | (142.8) | 26.7 | (187.3) | (844.3) | (448.8) | 1,257.5 | (301.8) | (300.5) | 1,030.0 |
| Rs mn | Q4 FY2026 Apr – Jun 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 Apr – Jun 2023 | Q3 FY2023 Jan – Mar 2023 | Q2 FY2023 Oct – Dec 2022 | Q1 FY2023 Jul – Sep 2022 | Q4 FY2022 Apr – Jun 2022 | Q3 FY2022 Jan – Mar 2022 | Q2 FY2022 Oct – Dec 2021 | Q1 FY2022 Jul – Sep 2021 | Q4 FY2021 Apr – Jun 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | — | +6,682.9% | -44.7% | +133.1% | +393.2% | -98.1% | -17.7% | — | -96.3% | — | +29.1% | -365.5% | +721.2% | -130.1% | -13.3% | -42.3% | — | +265.2% | +45.1% | +6.3% |
| Depreciation & amortisation | — | -17.7% | -9.0% | +5.5% | -4.2% | -12.9% | -43.6% | -54.1% | -52.9% | -48.9% | -18.3% | +9.9% | +24.9% | +20.9% | +17.7% | +11.5% | +6.5% | +15.9% | +6.8% | +10.0% |
| Net cash from operating activities | — | — | +141.7% | -94.2% | — | — | -32.0% | — | -302.8% | — | — | — | -92.8% | — | — | -125.7% | +277.1% | -389.9% | -225.6% | +208.2% |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | — | +12.1% | +123.1% | +205.9% | +61.9% | +308.6% | +248.3% | -38.5% | -33.2% | -60.2% | -93.2% | -69.0% | -38.3% | +13.3% | +929.1% | +193.6% | +1.0% | -41.2% | -70.5% | +403.6% |
| Net cash from investing activities | — | — | — | -284.7% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Borrowings raised / (repaid) | — | -83.9% | — | — | — | — | — | — | — | — | — | -116.0% | — | — | — | — | -123.1% | — | -146.5% | -121.8% |
| Net cash from financing activities | — | -68.0% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -122.2% | — | -141.5% | -121.4% |
| Net change in cash | — | — | +188.7% | -98.3% | — | — | -46.3% | — | -634.1% | — | — | — | -96.3% | — | — | -154.9% | +197.5% | -37,839.3% | -229.7% | +82.5% |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | — | +143.6% | -98.6% | — | — | -37.0% | — | -1,034.2% | — | — | — | -97.9% | — | — | -143.6% | +406.3% | — | -295.3% | +201.7% |
Change against the same quarter a year earlier; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. Updated 16 Oct 2026.
All reported line items 59
| Rs mn | Q4 FY2026 Apr – Jun 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 Apr – Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | — | 729.6 | 111.7 | 1,206.1 | 253.4 | 10.8 | 202.0 | 517.4 | 51.4 | 562.3 | 245.4 | (190.8) |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | — | 15.3 | 139.3 | (129.1) | 77.5 | 33.7 | (197.3) | (160.0) | 357.5 | 95.6 | 147.1 | 401.2 |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | — | — | — | — | — | — | — | 0.0 | — | — | — | 33.7 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | — | (28.5) | 107.8 | (175.1) | 24.8 | 35.9 | (135.0) | (113.8) | 294.1 | 31.8 | 63.4 | 212.1 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | — | (8.1) | (28.8) | (24.8) | (26.6) | (83.0) | (140.5) | (98.4) | (21.8) | (30.0) | (54.4) | (8.3) |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | — | 64.9 | 69.2 | 82.3 | 80.2 | 78.8 | 76.0 | 78.0 | 83.7 | 90.5 | 134.8 | 170.0 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | — | 64.9 | 69.2 | 82.3 | 80.2 | 78.8 | 76.0 | 78.0 | 83.7 | 90.5 | 94.4 | 96.6 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | — | — | — | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | 40.4 | 73.4 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | — | (17.2) | (4.8) | (11.6) | (0.9) | (0.1) | 0.0 | (28.0) | (0.7) | 0.0 | (0.0) | (9.6) |
| Share Based Payments - Cash Flow - to Reconcile | — | 4.1 | (4.1) | 0.0 | 0.0 | 2.1 | 2.2 | 2.2 | 2.2 | 3.3 | 3.4 | 3.3 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | — | 26.5 | 51.9 | 58.5 | 44.3 | 79.2 | 88.9 | 44.7 | 43.1 | 75.8 | 39.2 | 50.5 |
| Interest Paid - Cash | — | 111.4 | — | — | — | 132.2 | — | — | 96.2 | 79.4 | 71.5 | 56.8 |
| Interest & Dividends - Received - Total - Cash Flow | — | 40.5 | 74.2 | 70.7 | 76.9 | 141.9 | 208.6 | 421.2 | 99.2 | 109.7 | 131.6 | 78.2 |
| Cash Flow from Operating Activities before Changes in Working Capital | — | 647.4 | 273.3 | 1,089.3 | 363.5 | (25.0) | 124.4 | 733.9 | 368.8 | 612.3 | 413.5 | 181.3 |
| Working Capital - Increase/(Decrease) - Cash Flow | — | (2,049.3) | 1,057.5 | (958.6) | (495.6) | (1,031.2) | 426.1 | 1,521.5 | (570.1) | (973.2) | 396.1 | (271.7) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | — | (1,576.3) | 585.6 | (1,113.4) | (579.2) | (237.0) | 872.5 | 2,168.2 | (2,522.7) | (644.7) | 1,078.9 | (1,086.6) |
| Other Assets - Decrease/(Increase) - Cash Flow | — | 124.6 | (85.1) | (6.8) | 9.4 | (85.8) | (29.4) | 8.9 | 13.7 | 2.9 | (13.5) | (7.6) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | — | (280.8) | 280.4 | 210.7 | (9.8) | 16.6 | 187.9 | (73.1) | 8.5 | (5.2) | 30.1 | (61.9) |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | — | (316.9) | 276.6 | (49.1) | 84.1 | (725.0) | (604.9) | (582.4) | 1,930.3 | (326.2) | (699.4) | 884.3 |
| Net Cash Flow from Operating Activities | — | (1,401.9) | 1,330.8 | 130.7 | (132.1) | (1,056.2) | 550.6 | 2,255.4 | (201.3) | (360.9) | 809.7 | (90.4) |
| Capital Expenditures - Net - Cash Flow | — | 110.7 | 106.0 | 69.6 | 77.4 | 114.0 | 49.7 | (37.7) | 13.1 | 27.9 | 14.2 | 9.1 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | — | 110.7 | 106.0 | 69.6 | 77.4 | 114.0 | 49.7 | (37.7) | 13.1 | 27.9 | 14.2 | 9.1 |
| Property, Plant & Equipment - Purchased - Cash Flow | — | 127.9 | 110.8 | 98.6 | 78.4 | 114.1 | 49.7 | 32.2 | 48.4 | 27.9 | 14.3 | 52.4 |
| Property, Plant & Equipment Sold - Cash Flow | — | 17.2 | 4.8 | 29.0 | 0.9 | 0.1 | 0.0 | 69.9 | 35.3 | 0.0 | 0.1 | 43.3 |
| Capital Expenditures - Total | — | 127.9 | 110.8 | 98.6 | 78.4 | 114.1 | 49.7 | 32.2 | 48.4 | 27.9 | 14.3 | 52.4 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | — | — | — | 0.0 | 0.0 | (200.0) | — | — | — | — | — | — |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | — | — | — | 0.0 | 0.0 | (200.0) | — | — | — | — | — | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | — | — | 0.0 | 0.0 | 200.0 | — | — | — | — | — | — |
| Net Cash Flow from Investing Activities | — | (110.7) | (106.0) | (69.6) | (77.4) | (314.0) | (49.7) | 37.7 | (13.1) | (27.9) | (14.2) | (9.1) |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | — | — | — | 0.0 | (420.0) | — | — | — | — | — | — | — |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | — | — | — | 0.0 | (420.0) | — | — | — | — | — | — | — |
| Stock - Common - Issuance/(Retirement) - Net - Cash Flow | — | — | — | 0.0 | (420.0) | — | — | — | — | — | — | — |
| Stock - Common - Repurchased/Retired - Cash Flow | — | — | — | 0.0 | 420.0 | — | — | — | — | — | — | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | — | 107.7 | (1.9) | (36.6) | (28.8) | 670.9 | (78.9) | (380.7) | (31.2) | (11.5) | (10.8) | (10.5) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | — | 36.3 | (36.3) | (52.4) | (25.3) | 674.0 | (74.0) | (338.9) | — | — | — | — |
| Debt - Issued/Reduced - Long-Term - Cash Flow | — | 71.4 | 34.4 | 15.9 | (3.5) | (3.1) | (4.9) | (41.8) | (31.2) | (11.5) | (10.8) | (10.5) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | — | 19.2 | — | 0.0 | 0.0 | (0.3) | (0.8) | (1.6) | (0.8) | (1.0) | (0.9) | (0.9) |
| Debt - Issued - Long-Term - Cash Flow | — | 137.0 | — | 15.9 | — | — | — | — | — | — | — | 0.0 |
| Lease liabilities - Issued - Cash flow | — | 38.9 | — | — | — | — | — | — | — | — | — | 0.0 |
| Debt - Reduced - Long-Term - Cash Flow | — | 65.6 | — | 0.0 | 3.5 | 3.1 | 4.9 | 41.8 | 31.2 | 11.5 | 10.8 | 10.5 |
| Lease liabilities - Reduced - Cash flow represents cash outflow due to the repayment of lease liability/debt of the company. It includes finance leases, capitalized lease, and hire-purchase agreement. Applicable to all industries. If Lease liability issue | — | 19.7 | — | 0.0 | 0.0 | 0.3 | 0.8 | 1.6 | 0.8 | 1.0 | 0.9 | 0.9 |
| Other Financing Cash Flow - Increase/(Decrease) | — | 107.4 | 0.3 | 4.7 | 0.8 | 0.9 | 0.9 | (22.3) | 3.0 | 2.5 | 2.2 | 2.2 |
| Net Cash Flow from Financing Activities | — | 215.1 | (1.6) | (31.8) | (448.0) | 671.7 | (78.1) | (403.1) | (28.1) | (9.0) | (8.6) | (8.4) |
| Foreign Exchange Effects - Cash Flow | — | (8.2) | (2.3) | 2.3 | 0.4 | (0.0) | 0.0 | 0.0 | (0.1) | (0.4) | 0.1 | 1.2 |
| Net Change in Cash - Total | — | (1,305.8) | 1,220.9 | 31.5 | (657.2) | (698.5) | 422.9 | 1,890.0 | (242.6) | (398.2) | 786.9 | (106.6) |
| Net Cash from Continuing Operations | — | (1,305.8) | 1,220.9 | 31.5 | (657.2) | (698.5) | 422.9 | 1,890.0 | (242.6) | (398.2) | 786.9 | (106.6) |
| Net Cash - Beginning Balance | — | 4,988.8 | 3,767.9 | 3,736.4 | 4,393.6 | 5,092.0 | 4,669.2 | 2,779.1 | 3,021.7 | 3,420.0 | 2,633.1 | 2,739.7 |
| Net Cash - Ending Balance | — | 3,683.0 | 4,988.8 | 3,767.9 | 3,736.4 | 4,393.6 | 5,092.0 | 4,669.2 | 2,779.1 | 3,021.7 | 3,420.0 | 2,633.1 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | — | 26.5 | 51.9 | 58.5 | 44.3 | 79.2 | 88.9 | 44.7 | 43.1 | 75.8 | 39.2 | 50.5 |
| Interest Paid - Cash Flow - Supplemental | — | 111.4 | — | — | — | 132.2 | — | — | 96.2 | 79.4 | 71.5 | 56.8 |
| Interest & Dividends - Received - Cash Flow - Supplemental | — | 40.5 | 74.2 | 70.7 | 76.9 | 141.9 | 208.6 | 421.2 | 99.2 | 109.7 | 131.6 | 78.2 |
| CF from Optg Activities before Change in WC & Int Payments | — | 758.8 | 273.3 | 1,089.3 | 363.5 | 107.2 | 124.4 | 733.9 | 465.0 | 691.7 | 485.0 | 238.1 |
| Contract Assets - Decrease/(Increase) - Cash Flow | — | (973.9) | 654.7 | (224.5) | (851.0) | (170.6) | 204.8 | 696.7 | (60.9) | (523.3) | (62.6) | 280.6 |
| Contract Liabilities - Increase/(Decrease) - Cash Flow | — | (316.9) | 276.6 | (49.1) | 84.1 | (725.0) | (604.9) | (582.4) | 1,930.3 | (326.2) | (699.4) | 884.3 |
| Common Stock Buyback - Net | — | — | — | 0.0 | 420.0 | — | — | — | — | — | — | — |
| Depreciation, Depletion & Amortization - Cash Flow | — | 64.9 | 69.2 | 82.3 | 80.2 | 78.8 | 76.0 | 78.0 | 83.7 | 90.5 | 134.8 | 170.0 |
| Free Cash Flow to Equity | — | (1,404.9) | 1,223.0 | 24.5 | (238.4) | (499.3) | 422.0 | 1,912.4 | (245.6) | (400.3) | 784.7 | (110.0) |
| Free Cash Flow Net of Dividends | — | (1,529.8) | 1,220.0 | 32.1 | (210.5) | (1,170.2) | 500.9 | 2,223.2 | (249.7) | (388.8) | 795.4 | (142.8) |
| Free Cash Flow | — | (1,529.8) | 1,220.0 | 32.1 | (210.5) | (1,170.2) | 500.9 | 2,223.2 | (249.7) | (388.8) | 795.4 | (142.8) |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 12 periods; the table above goes back further.