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Network People Services Technologies Ltd (NPST)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544396 NSE: NPST IT - Software | Small Cap | Network People Serv. Share Price
₹1,632.85 -163.70 (-9.11%)
As on 28-Sep'26 16:59
Network People Services Technologies Ltd (NPST)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544396 NSE: NPST IT - Software | Small Cap | Network People Serv. Share Price
₹1,632.85 -163.70 (-9.11%)
As on 28-Sep'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹3,407 Cr.
Current Price
₹1,632.9
52-Week Low / High
₹850 / 2,036
TTM EPS
₹21.4
TTM Sales
₹218 Cr.
Book Value per Share
₹215.8
P/E Ratio
76.27
Lower than its 5-year historical median
Industry PE
20.2
Price to Book (P/B)
7.57
Lower than its 5-year historical median
Price to Sales (P/S)
15.64
Lower than its 5-year historical median
EV/EBITDA
42.72
Lower than its 5-year historical median
Dividend Yield
0.12%
Profitability Efficiency
Return on Equity (ROE)
15.12%
Return on Capital Employed (ROCE)
20.29%
Return on Assets (ROA)
12.54%
Operating Profit Margin
26%
Net Profit Margin
20.94%
Gross Profit Margin
33%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
12.15%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-15.66%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-9.69%
Asset Quality
Promoter Holding
60.48%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹429 Cr.
Equity
₹20.9 Cr.
Face Value
₹10
All Time Low / High
₹849.50 / 2430.00
Check Before You Invest
Quality
Somewhat GoodValuation
FairCheck Valuation charts
Price Trend
Semi Strong
Is Network People Services Technologies Ltd a good quality company?
Network People Services Technologies Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Network People Services Technologies Ltd performance compare with that of its Peers?
Revenue growth of Network People Services Technologies Ltd vs industry peers?
Network People Services Technologies Ltd revenue CAGR is 66.26%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Network People Services Technologies Ltd?
Promoters hold 60.48% of the Network People Services Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Network People Services Technologies Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 91.14% based on the current price.
10 Year X-Ray :
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 endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
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.
Network People Services Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 0% | 53.2% | 47.4% | 27.6% | 23.4% | 13.9% | 34.4% | 82.9% | 73.8% | 20.4% | - |
| Value Creation Index ⓘ | NA | 2.8 | 2.4 | 1.0 | 0.7 | 0.0 | 1.5 | 4.9 | 4.3 | 0.5 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 0 | 17.4 | 17.8 | 15 | 15.2 | 19.2 | 40.8 | 128 | 173 | 194 | 210 |
| Sales YoY Gr. | - | NA | 2.2% | -15.6% | 1.3% | 26.1% | 112.9% | 212.6% | 35.8% | 12.2% | - |
| Adj EPS ⓘ | 0 | 0.9 | 1 | 0.8 | 0.8 | 0.8 | 3.4 | 13.9 | 23.3 | 19.6 | 21.3 |
| YoY Gr. | - | NA | 7.6% | -23.2% | 5.3% | -3.8% | 339% | 310.7% | 67.9% | -15.9% | - |
| BVPS (₹) ⓘ | 0 | 2.4 | 3.4 | 4.2 | 5 | 11.4 | 14.7 | 28.6 | 52 | 210.7 | 215.7 |
| Adj Net Profit ⓘ | 0 | 1.2 | 1.3 | 1 | 1.1 | 1.5 | 6.6 | 26.9 | 45.2 | 40.9 | 44 |
| Cash Flow from Ops. ⓘ | 0 | 2.3 | 1.1 | 3.1 | 2.3 | -7.4 | 23.9 | 51.2 | 28.7 | -46.6 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 | 0.1 | -0.1 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 66.4% | 68.2% | 12.2% | ||||
| Adj EPS ⓘ | NA | 89.6% | 79.7% | -15.9% | ||||
| BVPSⓘ | NA | 111.8% | 142.7% | 305.5% | ||||
| Share Price | - | 87.6% | 7.4% | -14% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0 | 38.1 | 34.1 | 20.1 | 17.6 | 10.4 | 25.9 | 62.4 | 56.1 | 15 | 10 |
| Op. Profit Mgn % ⓘ | 0 | 13.9 | 16.7 | 14.7 | 19.4 | 18.2 | 29.6 | 33.6 | 34.9 | 26.3 | 25.9 |
| Net Profit Mgn % ⓘ | 0 | 7.1 | 7.5 | 6.8 | 7.1 | 7.8 | 16.1 | 21.1 | 26.1 | 21.1 | 21.1 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | - |
| Working Cap Days ⓘ | 0 | 0 | 97 | 105 | 155 | 262 | 111 | 18 | 45 | 169 | 363 |
| Cash Conv. Cycle ⓘ | 0 | 0 | -6 | 24 | -4 | -91 | 5 | -10 | -28 | -47 | 314 |
Valuation of Network People Serv. - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|
| Sales | 18 | 15 | 15 | 19 | 41 | 128 | 173 | 195 |
| Operating Expenses > ⓘ + | 15 | 13 | 12 | 16 | 29 | 85 | 113 | 144 |
| Operating Profit > ⓘ | 3 | 2 | 3 | 3 | 12 | 43 | 60 | 51 |
| Operating Profit Margin (%) | 16.6% | 14.7% | 19.2% | 18.2% | 29.5% | 33.5% | 34.7% | 26.0% |
| Other Income > ⓘ + | 0 | 0 | 0 | 0 | 0 | 3 | 7 | 14 |
| Interest > ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation > ⓘ | 1 | 1 | 2 | 2 | 4 | 10 | 7 | 9 |
| Profit Before Tax > ⓘ | 2 | 1 | 1 | 2 | 9 | 36 | 60 | 55 |
| Tax > ⓘ | 1 | 0 | 0 | 0 | 2 | 9 | 15 | 14 |
| Profit After Tax | 1 | 1 | 1 | 1 | 7 | 27 | 45 | 41 |
| PAT Margin (%) | 7.5% | 6.9% | 7.0% | 7.8% | 16.0% | 21.1% | 26.1% | 20.9% |
| Adjusted EPS (₹) | 1.0 | 0.8 | 0.8 | 0.8 | 3.4 | 13.9 | 23.3 | 19.6 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 8.60% | 10.20% |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 5 | 6 | 7 | 22 | 29 | 55 | 101 | 439 | |||
| Debt + | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 6 | |||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | |||
| Trade Payables | 1 | 1 | 5 | 4 | 1 | 4 | 16 | 38 | |||
| Others Liabilities ⓘ | 3 | 3 | 4 | 4 | 9 | 18 | 23 | 24 | |||
| Total Liabilities ⓘ | 9 | 10 | 16 | 30 | 39 | 78 | 144 | 507 | |||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 1 | 3 | 3 | 4 | 9 | 9 | 13 | 30 | |||
| CWIP ⓘ | 2 | 3 | 4 | 6 | 4 | 0 | 1 | 25 | |||
| Investments ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |||
| Inventories | 1 | 0 | 1 | 3 | 3 | 1 | 0 | 1 | |||
| Trade Receivables | 3 | 2 | 7 | 5 | 1 | 1 | 32 | 104 | |||
Cash Equivalents 
ⓘ
| 0 | 0 | 0 | 1 | 19 | 62 | 94 | 309 | |||
| Others Assets ⓘ | 2 | 1 | 1 | 11 | 2 | 5 | 4 | 37 | |||
| Total Assets ⓘ | 9 | 10 | 16 | 30 | 39 | 78 | 144 | 507 | |||
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 1 | 3 | 2 | -7 | 24 | 51 | 29 | -45 |
| Cash Flow From Investing Activity ⓘ + | -2 | -3 | -3 | -5 | -6 | -33 | 8 | -42 |
| Cash Flow From Financing Activity ⓘ + | -0 | -0 | 0 | 13 | 0 | -0 | 7 | 296 |
| Net Cash Flow ⓘ | -1 | 0 | 0 | 1 | 18 | 18 | 44 | 208 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 29.3 | 20.32 | 17.46 | 10.37 | 25.72 | 63.97 | 57.86 | 15.12 | ||
| ROCE (%) | 40.75 | 27.82 | 23.45 | 13.93 | 34.35 | 82.83 | 73.72 | 20.29 | ||
| Asset Turnover Ratio | 2.09 | 1.65 | 1.18 | 0.83 | 1.19 | 2.19 | 1.56 | 0.6 | ||
| PAT to CFO Conversion(x) | 1 | 3 | 2 | -7 | 3.43 | 1.89 | 0.64 | -1.1 | ||
| Working Capital Days | ||||||||||
| Receivable Days | 50.90 | 55.90 | 113.20 | 117.40 | 26.40 | 2.70 | 34.60 | 127.50 | ||
| Inventory Days | 14.30 | 12.60 | 10.70 | 31.20 | 25.60 | 5.20 | 0.80 | 0.90 | ||
| Payable Days | 240.10 | 168.60 | 706.80 | -1,361.10 | 369.60 | 177.70 | 8,385.10 | 4,862.80 | ||
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Network People Services Technologies Ltd FAQs
The current trading price of Network People Serv. on 28-Sep-2026 16:59 is ₹1,632.9.
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 27-Sep-2026 the market cap of Network People Serv. stood at ₹3,406.7 Cr
The latest P/E ratio of Network People Serv. as of 27-Sep-2026 is 76.69.
The latest P/B ratio of Network People Serv. as of 27-Sep-2026 is 7.57.
The 52-week high of Network People Serv. is ₹2,036.5 and the 52-week low is ₹849.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Network People Serv. is ₹210 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Network People Services Technologies Ltd is a average quality company.
The key valuation ratios of Network People Services Technologies Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Network People Services Technologies Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
About Network People Services Technologies Ltd
Network People Services Technologies is a banking technology service provider (TSP) and is engaged in providing software and mobility solutions to banking and finance sector primarily focusing on mobile banking applications, digital transaction solutions such as IMPS, UPI, digital wallet, etc. and smart transaction solutions. It is equipped to provide end-to-end services related to payment platforms including mobile banking solutions and are currently rendering its services to Canara Bank, Syndicate Bank, Kerala Gramin Bank, Karnataka Gramin Bank, IBM India and Cosmos Co-operative Bank. The company is also engaged in rendering software service consisting of designing, consulting, development, quality and manpower provisioning under software SDLC.
With a mission to create the largest network of technology enabled merchants / users, the company has developed a digital ecosystem for the cashless economy through its flagship application named and styled as TimePay. It is also registered as Third-Party Application Provider (TPAP) facilitating UPI payment services through TimePay. In this regard, it has entered into Tripartite agreement dated February 05, 2020 with the National Payment Corporation of India, The Cosmos Co-operative Bank for Merchant PSP and Sponsoring company payment handle styled as ‘@TimeCosmos’. Under this mobile application, it has created a digital ecosystem to include society management and merchant digitization, providing digital technology to large, medium and micro setups to transact and operate seamlessly in financial value chain.
Business area of the company
The company’s business is divided in to three verticals
IT Software and Service- Banking and Payments: It is a B2B model where it act as a technology service provider and deliver end–to–end technology solutions in digital payments, smart transaction solutions, development, customization, maintenance & support to its clients in banking & finance sector.
Digital Merchant- Acquisition & Payment Service Provider: This is a B2C model where it digitize offline merchants &housing societies by providing digital payment solution and business services through its TimePay application platform. Its platform is empowered by inbuilt merchant Payment Solution Provider (PSP) application.
Service Aggregation- This is the model where it create a network of citizen service centre to provide multiple services under one roof by providing a single platform to large, medium and small service providers and delivering services at citizen’s doorstep through mobile and kiosk-based solution.
Awards, Accrediations and Recognitions
- 2019: Awarded certificate of appreciation by Maharashtra State Innovation Society for being one of top 100 finalists of Maharashtra Startup week held on 28th Jan to 1st February, 2019.
Key events and milestones
- 2013: Incorporation of the company and commencement of business.
- 2014: Authorized by UIDAI for Aadhaar Card service where with the help of our Merchant network of 2000+ centres, the company generated 59Lac+ number of Aadhaar identification cards.
- 2015: Bagged order for Mobile banking solution for one of the largest public sector Bank - Canara Bank.
- 2015: On boarded IGRS service on merchant platform being Authorized service provider under Department Registration & Stamps, Maharashtra.
- 2017 Partnered with IBM India Private Limited as technology partner for Canara Bank.
- 2017: Appointed by Thane Janata Sahakari Bank as Corporate Agent Institution for Bharat Bill Payment System.
- 2018: The Quality Management System of the company has been assessed and found to be in compliance with the requirements of ISO 9001:2015 for the scope of providing sales, service, trading, distribution, software and mobile solution, merchant service, advertisement and marketing platform, smart transaction and digital payments bearing certificate number GACB4851.
- 2018: Contract Agreement for implementation of unified Payment Interface Solutions with Kerala Gramin Bank & Karnataka Gramin Bank.
- 2019: Bagged first order from Overseas entity for development of wallet solutions.
- 2019: Awarded certificate of appreciation by Maharashtra State Innovation Society for being one of top 100 finalists of Maharashtra Startup week.
- 2020: On boarded as Merchant PSP under NPCI guidelines for UPI Merchant framework sponsored by Cosmos Bank.
- 2020: Conversion from Private Limited Company to Public Limited Company.
- 2020: Launch TimePay Smart Society Solution and Merchant Application Platform.
- 2020: Registered as TPAP for UPI Payments from National Payment Corporation of India (NPCI).
- 2021: Preferential allotment of Rs 2.00 crore to RVCF, a SEBI registered Venture Capital Fund.
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