NIIT Ltd - Stock Valuation and Financial Performance

BSE: 500304 | NSE: NIITLTD | IT - Education | Small Cap

NIIT Share Price

104.20 -0.50 -0.48%
as on 14-Jun'24 16:01

DeciZen - make an informed investing decision on NIIT

Overall Rating
Bole Toh

1. Quality

2. Valuation


3. Price Trend

Semi Strong

NIIT stock performance -

mw4me loader
P/E Ratio (SA):
Market Cap:
1,405.6 Cr.
52-wk low:
52-wk high:

Is NIIT Ltd an attractive stock to invest in?

1. Is NIIT Ltd a good quality company?

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

2. Is NIIT Ltd undervalued or overvalued?

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

3. Is NIIT Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of NIIT 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:

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 Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

ROCE % 1.3%-6.3%1.3%1.2%2.7%3.6%27.1%3.8%6.1%-1.1%-
Value Creation

Growth Parameters

Growth Parameters Colour Code Guide

Sales 520349381365362388406368126157130
Sales YoY Gr.--33%9.4%-4.4%-0.8%7.1%4.8%-9.4%-65.8%25.2%-
Adj EPS -0.4-3.4-0.2-
YoY Gr.-NANANANA85.9%1717.4%-83.6%68%-115%-
BVPS (₹) 25.449.149.146.747.147.6107.4108.999.871.876
Adj Net
Cash Flow from Ops. 4.53651.430.917.6-16.328.584.753.2-29.2-
Debt/CF from Ops.


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -12.4%-15.3%-27.1%25.2%
Adj EPS NA-206.9%-134.6%-115%
Share Price 5.9% -0.1% -27.2% 19.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on
Equity %
Op. Profit
Mgn %
Net Profit
Mgn %
Debt to
Working Cap
Cash Conv.

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.50%

Sales growth has been subdued in last 3 years -27.09%

Net Profit has been subdued in last 3 years -134.56%

Sales growth is not so good in last 4 quarters at -13.74%

Latest Financials - NIIT Ltd.

Standalone Consolidated
TTM EPS (₹) 2.6 2.8
TTM Sales (₹ Cr.) 130 303
BVPS (₹.) 76 76.4
Reserves (₹ Cr.) 1,001 1,007
P/BV 1.37 1.36
PE 39.98 36.64
From the Market
52 Week Low / High (₹) 77.06 / 154.63
All Time Low / High (₹) 11.41 / 658.55
Market Cap (₹ Cr.) 1,406
Equity (₹ Cr.) 27.1
Face Value (₹) 2
Industry PE 42.7

Management X-Ray of NIIT:

Shareholding Pattern

Promoter's Holding & Share Pledging

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

Event Update

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Analyst's Notes

Key Ratios of NIIT

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
Operating Expenses 499356376365351381374395154201
Manufacturing Costs140911081131091151171224656
Material Costs42-24000000
Employee Cost 15912713914815516617918975103
Other Costs 195136131998610078843342
Operating Profit 21-86011632-27-28-44
Operating Profit Margin (%) 4.1%-2.2%1.5%-0.1%3.1%1.6%7.9%-7.3%-22.6%-27.6%
Other Income 62374241516014916411740
Interest 19152124202014411
Depreciation 68432824242335271011
Exceptional Items 2-8524-1331,380-39-2-1
Profit Before Tax -2-1131-36271,5126875-15
Tax 63111114411-13-1
Profit After Tax -8-1160-45251,3685787-14
PAT Margin (%) -1.5%-33.3%0.0%-1.0%1.4%6.6%336.8%15.4%69.4%-9.1%
Adjusted EPS (₹)-0.5-7.00.0-
Dividend Payout Ratio (%)-340%0%0%0%0%328%10%63%46%0%

Balance Sheet

(All Figures are in Crores.)

Equity and Liabilities

Shareholders Fund 4198128127757857971,5191,5501,336967
Share Capital 33333333333328282727
Reserves 3867797797427517641,4911,5221,309940
Minority Interest0000000000
Long Term Debt89100166142811347010
Short Term Debt20891629290000
Trade Payables73596758676454526022
Others Liabilities 23317616522914113929426211972
Total Liabilities 8341,1551,2191,2211,1031,1641,8741,8651,5161,060

Fixed Assets

Gross Block487349369190206242318272287204
Accumulated Depreciation33828730424467011110412357
Net Fixed Assets1496265166160172207168163147
CWIP 11411091182614
Investments 186742742763728194949997940712
Trade Receivables1821331218510110892738914
Cash Equivalents 211314234301793001005
Others Assets281199271173101648438325217168
Total Assets 8341,1551,2191,2211,1031,1641,8741,8651,5161,060

Cash Flow

(All Figures are in Crores.)
Cash Flow From Operating Activity 436513118-16288553-29
PBT -4-28-2-71823132103139-17
Adjustment 4342292921-22-72-50-81-10
Changes in Working Capital -2029290-14-13-2935-65
Tax Paid -15-5-78-5-5-301-7
Cash Flow From Investing Activity 41-11-75-8-1226825-6231321
Capex -32-18-72-40-34-44-23-10-20-18
Net Investments 0010110816-4431171
Others 726-432117031-821-31
Cash Flow From Financing Activity -80-1927-13-2313-854-45-3664
Net Proceeds from Shares 002143-3315116
Net Proceeds from Borrowing 0000000000
Interest Paid -18-15-19-22-20-20-10-200
Dividend Paid -26-260000-197-28-730
Others -3622448-730-316-20-304-2
Net Cash Flow -355310-1723-1-220-4
ROE (%)-1.78-18.860.01-0.440.663.22118.153.76.05-1.25
ROCE (%)2.98-
Asset Turnover Ratio0.570.350.320.30.310.340.
PAT to CFO Conversion(x)N/AN/AN/AN/A3.6-0.640.021.490.61N/A
Working Capital Days
Receivable Days15316512110394989082235120
Inventory Days5433110000
Payable Days8,644006,327000000

NIIT Ltd Stock News


Company share prices are keep on changing according to the market conditions. The closing price of NIIT on 14-Jun-2024 16:01 is ₹104.2.
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 14-Jun-2024 16:01 the market cap of NIIT stood at ₹1,405.6.
The latest P/E ratio of NIIT as of 14-Jun-2024 16:01 is 39.98.
The latest P/B ratio of NIIT as of 14-Jun-2024 16:01 is 1.37.
The 52-week high of NIIT is ₹154.6 and the 52-week low is ₹77.06.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NIIT is ₹129.8 ( Cr.) .

About NIIT Ltd

NIIT is a provider of global information technology (IT) learning solutions. The company was incorporated in 1981; currently the company offers learning solutions to individuals, enterprises and institutions across 40 countries.

NIIT offers training solutions in area of IT, business process outsourcing (BPO), banking, finance and insurance, executive management education, and communication and professional life skills.

The company operates the largest learning content development facility in the world with capacity of reaching 5 million learners every year.

The company has created brands like Edgeineers, e guru, element k, Evolv, Globalnet+, GNIIT, HiWEL, ifbi, Imperia, litmus, Swift and Uniqua.

NIIT has alliances with global leaders such as Adobe, Cisco, Citrix, EMC, Intel, Microsoft, Oracle, SAS, Sun and provides training on their platforms. For its academic alliance, the company has collaborated with 100 leading educational institutes across India, China, New Zealand, UK, Malaysia, Australia, USA, Canada and Ireland.

NIIT’s Institute of Finance Banking and Insurance (IFBI) is been launched in partnership with various leading financial institutions such as ICICI Securities, HDFC Bank, Kotak Mahindra Bank, Yes Bank, ICICI Lombard and Infosys (Finacle).

The company is also forming alliances with various Government organisations to launch training programs.

NIIT’s school learning solutions offers IT program



-MDI & NIIT Imperia sign Memorandum of Understanding (MoU) to deliver Executive Management Programs
-GNOU & NIIT bring together education and Skill Building to enhance Employable Talent Pool
-NIIT launches specialized training programs to develop human capital in Malaysia


-NIIT launches 'NIIT eGuru Math Lab' at Ryan International School, Bangalore.
-Ministry of Agriculture Ties Up with NIIT to promote IT usage for Livestock Management.
-NIIT Unveils the first 'NIIT One World' Centre in Coimbatore
-NIIT offers India's first Cloud Campus.
-NIIT IFBI Launches Preparatory courses for PSU banks' Probationary Officers and Clerical Recruitment Exams
-NIIT and NSDL form joint venture to fuel growth in Skills & Employability for your across India


-KPMG and NIIT Imperia launch pioneering tax training programs for corporate and aspiring professionals
-NIIT unveils 'The Turning Point’: an all-new Cloud Centric Curriculum to develop future-ready IT professionals
-NIIT and Department of Income Tax strengthen partnership to create a certified pool of - Tax Return Preparers (TRPs).
-Google introduces 'Google Web Academy' in India in alliance with NIIT
-NIIT forays into Bangladesh; launches Bangladesh's first Cloud Campus


NIIT was ranked among the ‘Top 20 Companies in the IT Training Industry’ in 2008 by

NIIT was acknowledged for its innovation in ICT in Education by UNESCO in 2008.

NIIT’s brand HiWEL received ‘Digital Opportunity Award’ by World Information Technology Services Alliance (WITSA) in 2008.

2011 - Ranked among the Top 20 Best IT Employers, in DQ-CMR’s Best Employers Survey 2011Conferred with the ‘Excellence in Training’ Award at ASIA’s Best Employer Brand Awards 2011Best IT Implementation of the year” award conferred to three projects by PC Quest in 2011

2012 - Featured in the Leaders category in ‘2012 Global Outsourcing 100 service providers’ listReceived Award for Excellence in “HR through Technology” and “Training” at ASIA's Best Employer Brand Awards 2012NIIT Technologies' “Intranet Prahari” bags Skoch Digital Inclusion Award 2012 for the ‘Best Process Automation’Recognized as a Special Category Winner, ranked No.3 in Best Companies in Career Growth category in Great Place to work study, 2012Ranked No. 6 in “DQ-CMR Best IT Employer Survey 2012 - Ranked No.1 across all industries globally in the 2012 ASTD (American Society for Training and Development) BEST Awards

2013 - Listed in the Forbes Asia's 200 Best Under a Billion companies, 2013Ranked 6th in Top Employer category at Asia's Best Employer Brand Awards, 2013Conferred with Best in HR Strategy in line with Business at Asia's Best Employer Brand Awards, 2013Recognized for Excellence in Training at Asia's Best Employer Brand Awards, 2013

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