NetSol Technologies (KAR:NETSOL) Change In Working Capital: ₨-3,257 Mil (TTM As of Mar. 2026)


KAR:NETSOL NetSol Technologies Ltd KAR:NETSOL
73 GF Score
Price ₨130.57
GF Value ₨178.66
Valuation Modestly Undervalued
! 1 Warning Sign
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What is NetSol Technologies Change In Working Capital?

NetSol Technologies KAR:NETSOL +1.82% 73 Change In Working Capital is ₨-3,257 Mil as of Mar. 2026. GuruFocus rates KAR:NETSOL with a GF Score™ of 73/100 and a GF Value™ of ₨178.66 (Modestly Undervalued). The stock has 1 warning sign investors should review.

NetSol Technologies's change in working capital for the quarter that ended in Mar. 2026 was ₨-1,306 Mil.

NetSol Technologies's change in working capital for the fiscal year that ended in Jun. 2025 was ₨-2,059 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).


NetSol Technologies Change In Working Capital Related Terms


NetSol Technologies Change In Working Capital Historical Data

* Premium members only.

The historical data trend for NetSol Technologies's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NetSol Technologies Change In Working Capital Chart

NetSol Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 776.36 -406.02 -1,037.40 374.36 -2,059.29

NetSol Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -495.61 -958.60 -326.25 -665.55 -1,306.20
KAR:NETSOL
73GF Score
NetSol Technologies Ltd KAR:NETSOL
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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NetSol Technologies Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-3,257 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Change In Working Capital of ₨-3,257 Mil mean?
NetSol Technologies (KAR:NETSOL) has a Change In Working Capital of ₨-3,257 Mil as of Mar. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for NetSol Technologies.
Is NetSol Technologies' Change In Working Capital too high?
NetSol Technologies' current Change In Working Capital is ₨-3,257 Mil. Overall, NetSol Technologies has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NetSol Technologies' Change In Working Capital compare to IBM and ACN?
NetSol Technologies' Change In Working Capital of ₨-3,257 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for a Software company?
A good Change In Working Capital depends on the Software industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for NetSol Technologies. NetSol Technologies's current Change In Working Capital is ₨-3,257 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetSol Technologies stock overvalued right now?
Based on GuruFocus' analysis, NetSol Technologies (KAR:NETSOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨178.66, compared to a current price of ₨130.57 — trading 26.9% below its estimated fair value. The current Change In Working Capital is ₨-3,257 Mil. NetSol Technologies' overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For NetSol Technologies (KAR:NETSOL), the current Change In Working Capital is ₨-3,257 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NetSol Technologies (KAR:NETSOL) Overvalued in 2026?

Based on GuruFocus' analysis, NetSol Technologies stock appears to be undervalued. The current stock price of ₨130.57 is trading 26.9% below its estimated GF Value™ of ₨178.66. GuruFocus considers NetSol Technologies to be Modestly Undervalued.

Key valuation signals for KAR:NETSOL:

  • Change In Working Capital: ₨-3,257 Mil
  • GF Value™: ₨178.66 vs. price of ₨130.57 (26.9% below fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the KAR:NETSOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NetSol Technologies Business Description

Address Lahore Ring Road, Ghazi Road Interchange, NETSOL IT Village (Software Technology Park), Lahore Cantonment, Lahore, PB, PAK, 54792
NetSol Technologies Ltd provides Information Technology services & enterprise solutions. It provides solutions for leasing and finance, healthcare technology, insurance, and e-Procurement. Its products include Enterprise Solutions, Business Intelligence, IT Consulting & Business Process Reengineering, Technology & Business Process Outsourcing, Application Development & Maintenance, Cloud Services. Its operating segments are product-based solutions and ancillary services, professional services, and business process outsourcing. Geographically, it operates in Pakistan, Asia Pacific, Australia & the USA, the UK, and other countries.
73GF Score

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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨130.57
Price
₨178.66
GF Value