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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 Ser Share Price

₹1,435.15 47.05 (3.39%)

As on 04-Jun'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 Ser Share Price

₹1,435.15 47.05 (3.39%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹2,994 Cr.
Current Price
₹1,435.2
52-Week Low / High
₹850 / 2,388
TTM EPS
₹19.7
TTM Sales
₹194 Cr.
Book Value per Share
₹211.2
P/E Ratio
72.92
Lower than its 5-year historical median
Industry PE
22.2
Price to Book (P/B)
6.79
Lower than its 5-year historical median
Price to Sales (P/S)
15.42
Lower than its 5-year historical median
EV/EBITDA
41.25
Lower than its 5-year historical median
Dividend Yield
0.08%
Profitability Efficiency
Return on Equity (ROE)
57.91%
Outperforms industry median
Return on Capital Employed (ROCE)
73.77%
Outperforms industry median
Return on Assets (ROA)
41.04%
Operating Profit Margin
34.9%
Net Profit Margin
26.11%
Gross Profit Margin
38.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
35.77%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
41.24%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
68.15%
Asset Quality
Promoter Holding
60.52%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹420 Cr.
Equity
₹20.9 Cr.
Face Value
₹10
All Time Low / High
₹849.50 / 2430.00

Network People Services Technologies stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Strong
Q.1 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?
Q.1 Revenue growth of Network People Services Technologies Ltd vs industry peers?
Network People Services Technologies Ltd revenue CAGR is 63.08%, compared to the industry median CAGR of 2.48%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Network People Services Technologies Ltd?
Promoters hold 60.52% of the Network People Services Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Network People Services Technologies Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of 14.56% 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 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.
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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0%0%53.2%47.4%27.6%23.4%13.9%34.4%82.9%73.8%-
Value Creation
Index
NANA2.82.41.00.70.01.54.94.3-

Growth Parameters

Sales 0017.417.81515.219.240.8128173194
Sales YoY Gr.-NANA2.2%-15.6%1.3%26.1%112.9%212.6%35.8%-
Adj EPS 000.910.80.80.83.413.923.319.7
YoY Gr.-NANA7.6%-23.2%5.3%-3.8%339%310.7%67.9%-
BVPS (₹) 002.43.44.2511.414.728.652211.2
Adj Net
Profit
001.21.311.11.56.626.945.241
Cash Flow from Ops. 002.31.13.12.3-7.423.951.228.8-
Debt/CF from Ops. 000000.20000.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA63.1%108.3%35.8%
Adj EPS NA98.3%211.7%67.9%
BVPSNA65.8%65.9%81.9%
Share Price - - 26.5% -33.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0038.134.120.117.610.425.962.456.115
Op. Profit
Mgn %
0013.916.714.719.418.229.633.634.926.3
Net Profit
Mgn %
007.17.56.87.17.816.121.126.121.1
Debt to
Equity
000000.100000
Working Cap
Days
000971051552621111845363
Cash Conv.
Cycle
000-624-4-915-10-28314

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales171815151941128173
Operating Expenses > + 15151312162985113
Manufacturing Costs00000011
Material Costs0122-1251
Employee Cost 45456122738
Other Costs > 1097511145274
Operating Profit > 23233124360
Operating Profit Margin (%) 13.9%16.7%14.7%19.3%18.2%29.5%33.5%34.9%
Other Income > + 00000037
Exceptional Items > 00000000
Interest > 00000000
Depreciation > 111224107
Profit Before Tax > 2211293660
Tax > 010002915
Profit After Tax 1111172745
PAT Margin (%) 7.1%7.5%6.8%7.0%7.8%16.0%21.1%26.1%
Adjusted EPS (₹)0.91.00.80.80.83.413.923.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%8.60%

Valuation of Network People Ser - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 3567222955101
Share Capital 1115661919
Reserves 245216223681
Debt +00000003
Long Term Debt00000000
Short Term Debt00000003
Minority Interest00000000
Trade Payables211541416
Others Liabilities 3334491823
Total Liabilities 891016303977143

Fixed Assets

Net Fixed Assets +213349913
Gross Block447811202232
Accumulated Depreciation23457111319
CWIP 12346400
Investments 00000045
Inventories11013310
Trade Receivables332751132
Cash Equivalents flag 10001195790
Others Assets 121111255
Total Assets 891016303977143

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2132-7245129
PBT 2211293660
Adjustment 111223101
Changes in Working Capital 0-11-0-101414-17
Tax Paid -0-1-0-0-0-2-9-15
Cash Flow From Investing Activity + -3-2-3-3-5-6-378
Capex -3-2-3-3-6-6-3-10
Net Investments 000000-3711
Others -00000037
Cash Flow From Financing Activity + -0-0-00130-17
Net Proceeds from Shares 000014000
Net Proceeds from Borrowing 000000-0-0
Interest Paid -0-0-0-0-0-0-0-0
Dividend Paid 00000000
Others 0000-00-17
Net Cash Flow -1-1001181344

Financial Ratio

PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)38.1434.0620.1617.4210.3725.7664.0457.91
ROCE (%)53.2247.3927.623.3913.9234.4182.9173.77
Asset Turnover Ratio2.092.111.641.170.831.192.21.57
PAT to CFO Conversion(x)2132-73.431.890.64
Working Capital Days
Receivable Days57.4053.8056.60113.70117.3026.302.7034.60
Inventory Days12.5013.2012.6010.8031.3025.6050
Payable Days2,453.90487.10168.40704.20-1,358.60369.301777,262

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Network People Services Technologies Ltd FAQs

The current trading price of Network People Ser on 04-Jun-2026 16:59 is ₹1,435.2.

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 03-Jun-2026 the market cap of Network People Ser stood at ₹2,994.2 Cr

The latest P/E ratio of Network People Ser as of 03-Jun-2026 is 72.92.

The latest P/B ratio of Network People Ser as of 03-Jun-2026 is 6.79.

The 52-week high of Network People Ser is ₹2,388 and the 52-week low is ₹849.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Network People Ser is ₹194 ( 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 Strong which suggest that the price of Network People Services Technologies Ltd is likely to Rise 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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