NIIT Learning Systems Ltd. - Stock Valuation and Financial Performance

BSE: 543952 | NSE: NIITMTS | IT - Software | Small Cap

NIIT Learning Sys Share Price

514.05 6.05 1.19%
as on 26-Apr'24 16:01

DeciZen - make an informed investing decision on NIIT Learning Sys

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

NIIT Learning Systems Ltd. stock performance -

mw4me loader
P/E Ratio (SA):
70.27
Market Cap:
6,975.2 Cr.
52-wk low:
343.7
52-wk high:
576

Is NIIT Learning Systems Ltd. an attractive stock to invest in?

1. Is NIIT Learning Systems Ltd. a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that NIIT Learning Systems Ltd. is a average quality company.

2. Is NIIT Learning Systems Ltd. undervalued or overvalued?

The key valuation ratios of NIIT Learning Systems Ltd. 's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is NIIT Learning Systems Ltd. a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of NIIT Learning Systems Ltd. is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of NIIT Learning Sys:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
NIIT Learning Systems Ltd. has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 122.1%-173.3%0.5%10.6%-1.5%-13.9%-189.2%-602%30.1%22.5%-
Value Creation
Index
NANANA-0.2-1.1NANA-45.61.20.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.714110698.259.335.124.613329404404
Sales YoY Gr.-19,534.7%-24.7%-7.8%-39.6%-40.8%-30.1%-47%2,423%22.9%-
Adj EPS -10.4-488.9-0.92.8-0.7-0.9-3.9-1.44.97.27.3
YoY Gr.-NANANA-125.1%NANANANA46.9%-
BVPS (₹) -114.3-565.8-21.1-18.30.7-0.2-40.231.334.343
Adj Net
Profit
-1-48.9-1.75.3-4.9-6.1-26.7-16.256.997.499
Cash Flow from Ops. 3.4-5.5-15.146.820-1.4-2.1-9.851.165-
Debt/CF from Ops. 1.3-17.2-81.91.3-17.8-14.5000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 102%46.8%154.3%22.9%
Adj EPS NANANA46.9%
BVPSNA119.7%NA9.7%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
20.1220.54.4-14.232.1-388.6182.11293022.419
Op. Profit
Mgn %
-31.13.38.314.45.1-11-46.1-82.91113.312
Net Profit
Mgn %
-145-34.6-1.65.4-8.2-17.3-108.7-124.117.324.124.6
Debt to
Equity
-0.8-1.7-3-2.65.4-16.9-1.1000-
Working Cap
Days
1,077127347331376457476522110160104
Cash Conv.
Cycle
-678262107567313439-9280

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 154.31%

Return on Equity has declined versus last 3 years average to 19.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -1.49%

Latest Financials - NIIT Learning Systems Ltd.

Standalone Consolidated
TTM EPS (₹) 7.3 14.2
TTM Sales (₹ Cr.) 404 1,362
BVPS (₹.) 43 69.5
Reserves (₹ Cr.) 555 914
P/BV 11.99 7.41
PE 70.27 36.29
From the Market
52 Week Low / High (₹) 343.70 / 576.00
All Time Low / High (₹) 343.70 / 576.00
Market Cap (₹ Cr.) 6,975
Equity (₹ Cr.) 27.1
Face Value (₹) 2
Industry PE 31.5

Management X-Ray of NIIT Learning Sys:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of NIIT Learning Sys

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales11411069859352513329404
Operating Expenses 1137988456393624292350
Manufacturing Costs02220132110910
Material Costs0171111976211
Employee Cost 054454229212015174203
Other Costs 0442218161097108137
Operating Profit 059143-4-11-113654
Operating Profit Margin (%) -31.6%3.3%8.3%14.4%5.1%-11.0%-46.0%-83.1%11.0%13.3%
Other Income 000033124158
Interest 1133633200
Depreciation 050874341119
Exceptional Items 0-20102-7-40-4
Profit Before Tax -1-48-25-5-6-25-166698
Tax 0-30000208-1
Profit After Tax -1-45-25-5-6-27-165899
PAT Margin (%) -189.0%-31.8%-1.6%5.4%-8.0%-17.3%-108.0%-123.0%17.8%24.6%
Adjusted EPS (₹)-13.6-449.0-0.92.8-0.7-0.9-3.9-1.45.17.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -6-57-40-355-1-283362462
Share Capital 71191969696911611627
Reserves -12-58-59-54-64-71-97-113246435
Minority Interest0000000000
Debt29512190252530000
Long Term Debt093939002525000
Short Term Debt232802505000
Trade Payables3372727271920114650
Others Liabilities 3421916118956780
Total Liabilities 21181269868503119474591

Fixed Assets

Gross Block272707012151717107132
Accumulated Depreciation15157596915179397
Net Fixed Assets021141066201435
CWIP 00004310212
Investments 00000105193377
Inventories0121344210
Trade Receivables1377451292615671105
Cash Equivalents 007158222790
Others Assets15830201797411563
Total Assets 21181269868503119474591

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 3-6-154720-1-2-105165
PBT -1-46-25-5-8-17-1266102
Adjustment 15113131378596
Changes in Working Capital 4-8-243313-48-5-22-33
Tax Paid 0-3-2-4-1302-2-9
Cash Flow From Investing Activity 0-8-1-5-4-20-5-52-64
Capex 0-8-1-5-4-2-10-9-39
Net Investments 00000-11-5-55-36
Others 000001011211
Cash Flow From Financing Activity -3-123-33-24-3214-10
Net Proceeds from Shares 00000004700
Net Proceeds from Borrowing 0000000-3500
Interest Paid 00-3-3-3-3-3-200
Dividend Paid 0000000000
Others -3-125-31-21055-10
Net Cash Flow 0-1569-7-600-20
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/A0N/AN/A032.1124.12
ROCE (%)N/AN/AN/AN/A3.11N/AN/A-575.7435.0522.68
Asset Turnover Ratio0.292.360.870.870.710.590.610.531.330.76
PAT to CFO Conversion(x)N/AN/AN/A9.4N/AN/AN/AN/A0.880.66
Working Capital Days
Receivable Days711501922332472853002884379
Inventory Days602561539608210
Payable Days8,5844211,0238961,1151,2161,1843,3377,1320

NIIT Learning Systems Ltd. Stock News

NIIT Learning Systems Ltd. FAQs

Company share prices are keep on changing according to the market conditions. The closing price of NIIT Learning Sys on 26-Apr-2024 16:01 is ₹514.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Apr-2024 16:01 the market cap of NIIT Learning Sys stood at ₹6,975.2.
The latest P/E ratio of NIIT Learning Sys as of 26-Apr-2024 16:01 is 70.27.
The latest P/B ratio of NIIT Learning Sys as of 26-Apr-2024 16:01 is 11.99.
The 52-week high of NIIT Learning Sys is ₹576.0 and the 52-week low is ₹343.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NIIT Learning Sys is ₹403.8 ( Cr.) .

About NIIT Learning Systems Ltd.

NIIT Learning Systems was incorporated as a public limited company under the Companies Act, 1956 on July 16, 2001, under the name of Minimally Invasive Education Company as a Subsidiary of NIIT Limited. The name of the Company was changed to Hole-In-The-Wall Education Limited vide fresh certificate of incorporation dated February 7, 2003, issued by the Registrar of Companies, National Capital Territory of Delhi, and Haryana. The name of the Company was changed to Mind Champion Learning Systems Limited vide fresh certificate of incorporation dated June 18, 2015, issued by Registrar of Companies, National Capital Territory of Delhi and Haryana. Further, the name of the Company was changed to its present name i.e., NIIT Learning Systems Limited vide fresh certificate of incorporation dated January 18, 2022. 

The company offers Managed Training Services to market-leading companies across several countries. Trusted by the world’s leading companies, the company provides high-impact managed learning solutions that weave together the best of learning theory, technology, operations, and services to enable a thriving workforce. The company comprehensive suite of Managed Training Services includes Custom Content and Curriculum Design, Learning Delivery, Learning Administration, Strategic Sourcing, Learning Technology, and L&D consulting services.

The company also offers specialized solutions including immersive learning, customer education, talent pipeline as a service, DE&I training, digital and IT training as well as leadership and professional development services.

Business area of the company

The company offers Managed Training Services (MTS), which includes outsourcing of Learning & Development (L&D) and Talent Transformation Services to market-leading companies and institutions headquartered predominantly in North America & Europe.

Services offered by the company

  • Custom Content and Curriculum Design
  • Learning Delivery
  • Learning Administration
  • Strategic Sourcing
  • Learning Technology
  • Consulting and Advisory Services
  • Immersive Learning
  • Customer Education
  • Talent Pipeline as a Service
  • Digital and IT Training
  • Leadership and Professional Skills
  • HCM Technology and Consulting
  • Diversity, Equity, and Inclusion

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