MarketFriction

NIIT Ltd

NSE NIITLTD · BSE 500304 · Education
₹84.94 -1.43%
NSE close2026-10-01
52 week range49.00 - 111.10
Market cap₹1,185 Cr.
P/E84.4
Price band 20% Delivery 41.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales81.4185.1874.3482.4890.7198.1186.2984.12104.95101.3799.7495.65
Expenses79.9878.0673.8483.5891.7691.2287.7893.96106.13102.27101.2099.33
Operating Profit1.437.120.50-1.10-1.056.89-1.49-9.84-1.18-0.90-1.46-3.68
OPM %1.76%8.36%0.67%-1.33%-1.16%7.02%-1.73%-11.70%-1.12%-0.89%-1.46%-3.85%
Other Income14.6916.2517.7816.6721.0316.8524.1421.7310.9515.227.5020.41
Interest0.310.290.500.350.360.350.210.260.230.240.310.24
Depreciation4.494.814.995.555.656.115.936.687.257.617.429.60
Profit before tax11.3218.2712.799.6713.9717.2816.514.952.296.47-1.696.89
Tax %6.27%17.52%10.95%15.31%13.03%19.04%17.02%15.35%71.18%29.52%106.51%-9.00%
Net Profit10.6115.0611.398.2012.1413.9913.704.190.654.57-3.487.52
EPS in Rs0.791.060.830.570.870.990.970.320.100.29-0.320.59
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,002845850865889960251341303358390402
Expenses929785780796835799248345302354403409
Operating Profit73607170541613-313-13-7
OPM %7%7%8%8%6%17%1.0%-1.0%0.5%1.0%-3.4%-1.8%
Other Income774751001,408852363464785554
Interest24282223209112111
Depreciation494640336059151618232932
Profit before tax761841141,3831772211345571214
Tax %50%30%24%24%4%19%-4%36%13%16%51%
Net Profit704264871,3271442308404869
EPS in Rs4.062.473.755.1793.8110.0516.890.242.843.400.390.66
Dividend Payout %0%0%0%97%11%25%18%212%26%29%258%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-9%-16%5%12%
Compounded Profit Growth-18%-39%41%-69%
Stock Price CAGR14%-1%-11%-18%
Return on Equity7%5%3%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital333333333328282727272727
Reserves6977726506908001,4921,6121,4889691,0071,0521,043
Borrowings155195177178207166582513867
Other Liabilities284337509481425352452566131122118176
Total Liabilities1,1681,3371,3701,3821,4652,0392,1512,1071,1401,1631,2041,253
Fixed Assets110107194219228357310371245260258350
CWIP42152853205616163223
Investments5265825866042844859722572586678656
Other Assets5276465755311,1828189781,008306302236224
Total Assets1,1681,3371,3701,3821,4652,0392,1512,1071,1401,1631,2041,253
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity317011188465123628829297
Cash from Investing Activity-19-67-48-63-54746-50229-2263-268
Cash from Financing Activity-616-43-211-809-98-386-34-23-10-20
Net Cash Flow519204-7-1288131-258-10-7-4
Free Cash Flow-6-194924-28-14207262-19-23-9-25
CFO/OP168%105%187%146%69%100%145%13,381%-536%1,462%529%-128%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7288737170565527533465154
Inventory Days312221
Days Payable980971959
Cash Conversion Cycle-8778873717056552753346-898-885
Working Capital Days223-30-65-303-25-109391514-15
ROCE %-8%3%9%12%14%3%8%0%1%5%6%2%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters34.81%34.73%34.71%34.66%37.25%37.21%37.19%37.16%37.00%36.97%36.97%40.87%
FIIs18.77%18.44%18.17%17.43%13.58%13.46%12.50%12.21%11.75%11.25%10.11%8.06%
DIIs12.72%12.69%12.58%12.56%11.51%11.51%11.51%11.26%11.20%11.17%11.17%11.14%
Government0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public33.68%34.10%34.50%35.34%37.63%37.82%38.80%39.37%40.03%40.59%41.73%39.91%
No. of Shareholders1,09,6111,09,0961,13,1551,11,1911,13,5901,10,1181,11,6591,13,3311,13,0151,12,0951,09,7081,08,184

Fundamentals

Market Cap₹ 1,185 Cr.
Current Price₹ 86.4
Stock P/E84.4
Book Value₹ 78.5
ROCE2.24 %
ROE0.87 %
Dividend Yield1.16 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)-69%
Consolidated figures.
Valuation
Market capRs 1,158 Cr
Enterprise valueRs 1,130 Cr
P/E (TTM)128.86x
Price to book1.08x
Price to sales2.88x
EV / EBITDA24.11x
EV / EBIT75.42x
EV / sales2.81x
Price to cash flow165.49x
Earnings yield0.78%
Dividend yield1.18%
P/E, 3-year average67.80x
P/B, 3-year average1.19x
P/E, 5-year average109.71x
P/B, 5-year average1.20x
Profitability
Operating margin (excl. other income)-3.37%
Operating margin (incl. other income)10.83%
EBITDA margin11.67%
Pre-tax margin3.48%
Net profit margin2.24%
Net margin, latest quarter8.46%
ROE0.49%
ROCE1.23%
ROA0.43%
ROE, 3-year average2.88%
ROCE, 3-year average3.78%
ROA, 3-year average2.55%
ROE, 5-year average4.65%
ROCE, 5-year average5.25%
ROA, 5-year average3.70%
ROIC (approx.)0.71%
Tax rate50.71%
Other income / net worth5.18%
Growth
Sales growth (latest year)9.11%
Profit growth (latest year)-88.55%
Sales CAGR, 3 years4.57%
Sales CAGR, 5 years-16.47%
Profit CAGR, 3 years18.41%
Profit CAGR, 5 years-48.31%
Sales growth QoQ-4.10%
Sales growth YoY (latest quarter)13.71%
Profit growth YoY (latest quarter)84.70%
Per share
EPS (TTM)Rs 0.66
EPS (latest year)Rs 0.39
EPS (latest quarter)Rs 0.59
EPS, 3-year averageRs 2.21
EPS, 5-year averageRs 4.75
Book value per shareRs 78.47
Sales per shareRs 29.45
Cash flow per shareRs 0.51
Free cash flow per shareRs -1.83
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 0.92
Dividend per share, 5-year averageRs 1.25
Dividends
Dividend payout258.33%
Dividend payout, 3-year average104.71%
Dividend payout, 5-year average108.71%
Efficiency
Asset turnover0.31x
Fixed asset turnover1.12x
Inventory turnover33.37x
Inventory days11 days
Debtor days54 days
Debtors turnover6.81x
Creditor days959 days
Cash conversion cycle-885 days
Working capital days-15 days
Leverage
Total debtRs 7 Cr
Cash and bankRs 36 Cr
Net debtRs -29 Cr
Debt to equity0.01x
Net debt / EBITDA-0.61x
Interest coverage14.69x
Current ratio (filing 2026-03-31)5.71x
Quick ratio (filing 2026-03-31)5.70x
Trade payables (filing 2026-03-31)Rs 58 Cr
Owners' fund to total sources85.42%
Debt to assets0.55%
Cash flow
Cash from Operating Activity (latest year)Rs 7 Cr
Cash from Investing Activity (latest year)Rs 8 Cr
Cash from Financing Activity (latest year)Rs -20 Cr
Net Cash Flow (latest year)Rs -4 Cr
Free cash flow (latest year)Rs -25 Cr
FCFE (approx.: FCF + change in debt)Rs -24 Cr
Cash from ops / profit, 5 years1.01x
Sales to cash flow55.74x
Statement figures
Net sales (TTM)Rs 402 Cr
Net sales (latest year)Rs 390 Cr
Sales (latest quarter)Rs 96 Cr
Operating profit excl. other income (latest year)Rs -13 Cr
Operating profit (latest quarter)Rs -4 Cr
Other income (TTM)Rs 54 Cr
EBITDA (TTM)Rs 47 Cr
PBDT (TTM)Rs 46 Cr
Profit before tax (TTM)Rs 14 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 9 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 32 Cr
Depreciation (latest quarter)Rs 10 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 42 Cr
Total expenditure (latest year)Rs 403 Cr
Total income (latest year)Rs 446 Cr
Share capitalRs 27 Cr
ReservesRs 1,043 Cr
Shareholders' fundsRs 1,070 Cr
Total assetsRs 1,253 Cr
Net blockRs 350 Cr
Capital work in progressRs 23 Cr
InvestmentsRs 656 Cr
ReceivablesRs 57 Cr
InventoryRs 1 Cr
Other liabilitiesRs 176 Cr
Shares outstanding (crore)13.64
Ownership
Promoter holding40.87% (+3.71 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 128.9 is at the 91th percentile of its own 8.7-year range (median 30.1, low 1.0, high 363.3).
P/B 1.08 is at the 7th percentile (median 1.69).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodNIITLTDNifty 50Difference
1 week-5.5%-2.8% -2.7 pts
1 month-16.1%-6.8% -9.3 pts
3 months-17.9%-7.6% -10.3 pts
6 months+68.6%+0.4% +68.2 pts
1 year-21.9%-9.9% -11.9 pts
2 years-51.2%-13.6% -37.6 pts
3 years-30.7%+14.2% -44.9 pts
5 years-75.7%+27.9% -103.6 pts
1 mutual fund schemes hold about ₹113 Cr. Over three months 1 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.14%113 +17%

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 461% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹96 Cr +13.7% vs Jun 2025. Net profit ₹8 Cr +79.5%.

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-20Dividend - Re 1 Per Share
2025-09-04Dividend - Re 1 Per Share
2024-09-05Dividend - Re 0.75 Per Share
2023-11-10Interim Dividend - Re 0.50 Per Share
2023-06-08Demerger
2022-02-08Interim Dividend - Rs 3 Per Share
2021-07-19 Dividend - Rs 2.50 Per Share
2021-02-23 Buy Back
2020-09-01 Dividend - Rs 2 Per Share
2020-03-02 Interim Dividend - Rs 8 Per Share
2019-10-17 Buyback
2019-07-30 Annual General Meeting/Dividend - Rs 5 Per Share
2016-07-21 Annual General Meeting
2015-08-27 Annual General Meeting
2014-06-26Annual General Meeting/Dividend Rs.1.60/- Per Share
2013-06-20Annual General Meeting And Dividend Rs.1.60 Per Share
2012-06-20Annual General Meeting/Dividend Rs 1.60 Per Share
2011-06-22Annual General Meeting And Dividend Rs.1.50 Per Share
2010-06-29Dividend-Re.1.40 Per Share
2009-07-17Agm/Div-Rs.1.30 Per Share
2008-07-18Agm/Dividend - 65%
2007-08-24Fv Spl-Rs10tors2/Bon-1:20.2000
2007-07-17Agm/Dividend-65%
2006-08-09Agm/Div-Rs.6/- Per Sh
DateTypeWhat it says
2026-09-30Press ReleaseA press release dated September 30, 2026, titled "NIIT Limited elevates Dr. Vishnupriya Raghavan to lead Technology Learning Solutions, NIIT Enterpris...
2026-09-17Press ReleaseA press release dated September 17, 2026, titled "NIIT Ltd. and SPJIMR launch Professional Certificate in FinTech Operations to build talent for India...
2026-09-17Concall / analyst meetSchedule of meet
2026-09-09Shareholder meetingVoting results.
2026-09-09Shareholder meetingProceedings of Annual General Meeting held on September 09, 2026
2026-08-27Press ReleaseA press release dated August 27, 2026, titled "NIIT launches five new AI Professional Programs to prepare learners for emerging AI careers".
2026-08-26ResignationResignation of Director/KMP/SMP
2026-08-26ResignationResignation of Mr Harsh Kundra as Other of the company w.e.f. August 26, 2026.
2026-08-19AllotmentAllotment of 151641 securities pursuant to ESOP/ESPS at its meeting held on August 18, 2026
2026-08-12Shareholder meetingNotice of Annual General Meeting to be held on September 09, 2026
2026-08-06Record DateRecord date for the purpose of Dividend is 20-Aug-2026.
2026-08-06Shareholder meetingNotice of Annual General Meeting to be held on September 09, 2026
2026-08-01ESOPGrant of 1064000 Options.
2026-07-31CessationCessation of Mr Udai Singh as Other of the company w.e.f. July 31, 2026.
2026-07-27Concall / analyst meetTranscript
2026-07-23Concall / analyst meetSchedule of meet
2026-07-22AllotmentAllotment of 188340 securities pursuant to ESOP/ESPS at its meeting held on July 22, 2026
2026-07-21Concall / analyst meetLink of Recording
2026-07-21Investor PresentationInvestor Presentation
2026-07-21Press ReleasePress Release for Unaudited Financial Results for the quarter ended June 30,2026".
2026-07-21Board meeting outcomeNIIT Limited has submitted to the Exchange, the unaudited financial results for the period ended June 30, 2026.
2026-07-15Concall / analyst meetSchedule of meet
2026-07-03Press ReleaseA press release dated July 03, 2026, titled "NIIT Announces Integration of StackRoute and RPS Consulting into its Enterprise Tech Business at World Di...
2026-07-01Press ReleaseA press release dated July 01, 2026, titled "NIIT Announces the World Digital Architect Conclave 2026".
2026-07-01Amalgamation/MergerScheme of Amalgamation becoming effective from July 1, 2026
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 monthsScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of NIIT Ltd?

NIIT Ltd (NIITLTD) has a market capitalisation of Rs 1,185 Cr. at the 2026-10-01 close.

What is the P/E ratio of NIIT Ltd?

NIIT Ltd trades at a P/E of 84.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were NIIT Ltd's latest quarterly results?

In the Jun 2026 quarter, NIIT Ltd sales was Rs 96 Cr (+13.7% vs Jun 2025) and net profit was Rs 8 Cr.

What is the 52-week high and low of NIIT Ltd?

The 52-week high is Rs 111.10 and the 52-week low is Rs 49.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03