
NIITLTD - NIIT Ltd. Share Price
Other Consumer Services
Valuation | |
|---|---|
| Market Cap | 1.41 kCr |
| Price/Earnings (Trailing) | 43.37 |
| Price/Sales (Trailing) | 3.11 |
| EV/EBITDA | 20.15 |
| Price/Free Cashflow | -148.39 |
| MarketCap/EBT | 34.06 |
| Enterprise Value | 1.38 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 452.14 Cr |
| Rev. Growth (Yr) | 4.9% |
| Earnings (TTM) | 32.53 Cr |
| Earnings Growth (Yr) | -94.6% |
Profitability | |
|---|---|
| Operating Margin | 10% |
| EBT Margin | 9% |
| Return on Equity | 3.04% |
| Return on Assets | 2.6% |
| Free Cashflow Yield | -0.67% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
|---|---|
| Price Change 1W | -2% |
| Price Change 1M | -5.7% |
| Price Change 6M | -19.4% |
| Price Change 1Y | -35% |
| 3Y Cumulative Return | -29.5% |
| 5Y Cumulative Return | -4.9% |
| 7Y Cumulative Return | 5% |
| 10Y Cumulative Return | 1.5% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -26.81 Cr |
| Cash Flow from Operations (TTM) | 29.3 Cr |
| Cash Flow from Financing (TTM) | -10.04 Cr |
| Cash & Equivalents | 30.73 Cr |
| Free Cash Flow (TTM) | -9.67 Cr |
| Free Cash Flow/Share (TTM) | -0.71 |
Balance Sheet | |
|---|---|
| Total Assets | 1.25 kCr |
| Total Liabilities | 178.5 Cr |
| Shareholder Equity | 1.07 kCr |
| Current Assets | 814.7 Cr |
| Current Liabilities | 140.56 Cr |
| Net PPE | 141.61 Cr |
| Inventory | 80.2 L |
| Goodwill | 146.13 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 38.19 |
| Interest/Cashflow Ops | 25.94 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1 |
| Dividend Yield | 0.97% |
| Shares Dilution (1Y) | 0.70% |
| Shares Dilution (3Y) | 1.4% |
Summary of Latest Earnings Report from NIIT
Summary of NIIT's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
The management of NIIT Limited provided a positive outlook during the earnings call for Q2 FY26. They reported an order intake of INR 1,454 million, which reflects a 14% year-on-year growth and a substantial 37% quarter-on-quarter increase. Revenue for Q2 was INR 1,049 million, marking a 16% year-on-year and 25% quarter-on-quarter growth. Notably, inorganic revenue from the newly acquired iamneo contributed INR 111 million during this quarter. Excluding iamneo, organic revenue increased 3.5% year-on-year and 19% quarter-on-quarter. The management highlighted that they are in an investment phase, focusing on scaling operations and capitalizing on AI advancements.
Management anticipates growth to continue, forecasting an expected revenue growth of 15%-20% for FY26, subject to macroeconomic conditions. They project Q3 FY26 revenue growth between 15%-18%, with low single-digit margins expected as investments continue. The operational environment is noted to be volatile, particularly within the BFSI sector, although overall demand remains robust in technology and among Indian enterprises.
Major forward-looking points include:
- Continued investment in AI, platforms, products, and branding to maintain competitive edge.
- A plan to merge RPS Consulting and IFBI into NIIT Limited, expected to simplify the organizational structure over 8-12 months.
- The management expressed confidence in increasing consumption of their products, particularly in the tech segment, and identified the potential challenges in BFSI as short-term.
Overall, NIIT is positioning itself for sustainable growth while navigating a complex market environment.
Last updated:
Question 1
Rahul Jain: You mentioned the organic growth of 3.5% for the quarter. What was the profile of the organic growth?
Pankaj Jathar: The revenue from NIIT, excluding iamneo, was INR 939 million, leading to an organic growth of 3.5% year-over-year and 19% quarter-over-quarter. This reflects improved execution on previously secured orders.
Question 2
Rahul Jain: Can you articulate your thoughts about the recent restructuring and its benefits?
Vijay Thadani: We aimed for greater efficiency by merging subsidiaries like IFBI and RPS Consulting into NIIT Limited. This enhances our agility, synergy, and simplifies operations, benefiting customer interactions while allowing for better resource allocation and alignment of teams.
Question 3
Rahul Jain: Will there be any cost savings from this restructuring?
Vijay Thadani: Yes, there will be cost reductions due to simplified operations and the elimination of redundancies in management. Inter-company transactions will also become easier. The exceptional item you mentioned relates to severance costs from a closed step-down subsidiary in China.
Question 4
Rahul Jain: Are there new initiatives focusing on manufacturing due to job sector growth?
Pankaj Jathar: We recognize opportunities in sectors like automotive and EV markets and are expanding our focus there. We plan to build capabilities and products tailored to these fields in the upcoming months.
Question 5
Faizal Hawa: Are there efforts toward creating self-employment opportunities in software and how is the YouTube campaign performing?
Pankaj Jathar: We provide training for professionals seeking to upskill through programs in high-demand areas like data science. Our YouTube campaign for the gNIIT program yielded millions of views and significantly boosted traffic and conversions on our site.
Question 6
Faizal Hawa: Can you provide details on your top five courses and any price increases?
Pankaj Jathar: Our best-selling programs include Data Science, Machine Learning, Digital Marketing, and gNIIT. We tend to update courses annually to reflect industry needs rather than standard price hikes, making them more relevant.
Question 7
Aman Prakash: What steps are being taken to address the talent shortage in the AI sector?
Pankaj Jathar: Our goal is to bridge the gap by collaborating with over 200 organizations to ensure our students gain employable skills. We focus on filling the gap between formal education and industry needs through programs that align with market demands.
Question 8
Ganesh Shetty: Are you approaching PSU or government organizations for training?
Vijay Thadani: While we work with select PSUs, we generally prefer private sector engagements due to the more transparent and efficient processes involved. Our focus has been on optimizing collection processes and sustaining strong relationships in the private sector.
Question 9
Ganesh Shetty: Is there an increase in gNIIT registrations post-acquisition of iamneo?
Pankaj Jathar: Yes, we are witnessing a positive uptick in interest and registrations for gNIIT over the last six months, though we aim for even higher growth rates.
Question 10
Ganesh Shetty: Will there be improvements in other income in upcoming quarters?
Sanjeev Bansal: Any fluctuations in other income are mainly market-driven and based on accounting entries for investments. While this quarter reflected a downturn, we anticipate improvements over time as market conditions stabilize.
Share Holdings
Understand NIIT ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Holding Pattern
Share Holding Details
| Shareholder Name | Holding % |
|---|---|
| VIJAY KUMAR THADANI AS TRUSTEE OF THADANI FAMILY TRUST | 18.17% |
| RAJENDRA SINGH PAWAR AS TRUSTEE OF PAWAR FAMILY TRUST | 17.77% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND | 8.15% |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | 5.67% |
| MARATHON EDGE INDIA FUND I | 3.02% |
| AKM SYSTEMS PRIVATE LIMITED | 2.95% |
| CHETAN JAYANTILAL SHAH | 1.1% |
| ARVIND THAKUR | 0.42% |
| NEETI PAWAR AND RAJENDRA SINGH PAWAR | 0.27% |
| RAJENDRA SINGH PAWAR AND NEETI PAWAR | 0.11% |
| VIJAY KUMAR THADANI AND RENUKA VIJAY THADANI | 0.11% |
| UDAI PAWAR | 0.04% |
| UNNATI PAWAR | 0.04% |
| URVASHI PAWAR | 0.04% |
| RASINA UBEROI | 0.01% |
| PRAMOD SINGH JAMWAL | 0% |
| KIRAN JAMWAL | 0% |
| USHA PATHANIA | 0% |
| LEHER VIJAY THADANI | 0% |
| R S PAWAR HUF | 0% |
Overall Distribution
Distribution across major stakeholders
Ownership Distribution
Distribution across major institutional holders
Is NIIT Better than it's peers?
Detailed comparison of NIIT against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
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|---|---|---|---|---|---|---|---|---|---|
| MPSLTD | MPS | 3.89 kCr | 750.04 Cr | +4.00% | +7.50% | 24.39 | 5.19 | - | - |
| APTECHT | Aptech | 625.27 Cr | 501.38 Cr | -10.90% | -38.40% | 28.82 | 1.25 | - | - |
| ZEELEARN | ZEE LEARN | 275.71 Cr | 392.53 Cr | -9.30% | -11.60% | 21.62 | 0.7 | - | - |
| CAREERP | Career Point | 217.97 Cr | 91.64 Cr | -6.80% | -75.90% | 5.1 | 2.38 | - | - |
| MTEDUCARE | MT EDUCARE | 14.66 Cr | 47.3 Cr | +2.00% | -28.40% | -0.44 | 0.31 | - | - |
Income Statement for NIIT
Balance Sheet for NIIT
Cash Flow for NIIT
What does NIIT Ltd. do?
NIIT Limited engages in providing learning and knowledge solutions to individuals, enterprises, and various institutions worldwide. The company offers variety of training programs, certifications, and solutions for career seekers and working professionals. It also provides skills and careers programs, which includes software and product engineering, data sciences and analytics, AI/ML, cloud computing, cybersecurity, banking, insurance and finance, digital marketing, content design, UI/UX, project/product/ program management, sales & service excellence, professional life skills, business process excellence, and multi-sectoral vocational and professional skills. In addition, the company provides NIIT Digital, a platform enables distinctive learning experiences for corporate and individual learners; Institute of Finance Banking & Insurance (IFBI), a provider of learning services for early career; NIIT StackRoute, a digital transformation partner for corporates to build multi-skilled full stack professionals in advanced technologies; RPS Consulting, a provider of training programs on digital technologies; Talent Pipeline as a Service (TPaaS), helps organizations in hiring skilled talent; and NIIT SSE that helps businesses in creating an eco-system for talent development. The company was incorporated in 1981 and is based in Gurugram, India.