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Nintec Systems Ltd (NINSYS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539843 NSE: NINSYS IT - Software | Small Cap | Nintec Systems Share Price

₹706.10 -13.00 (-1.81%)

As on 25-Aug'26 16:59

Nintec Systems Ltd (NINSYS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539843 NSE: NINSYS IT - Software | Small Cap | Nintec Systems Share Price

₹706.10 -13.00 (-1.81%)

As on 25-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,312 Cr.
Current Price
₹706.1
52-Week Low / High
₹282 / 937
TTM EPS
₹15.8
TTM Sales
₹104 Cr.
Book Value per Share
₹48.4
P/E Ratio
44.60
Lower than its 5-year historical median
Industry PE
21.8
Price to Book (P/B)
14.58
Lower than its 5-year historical median
Price to Sales (P/S)
12.62
Higher than its 5-year historical median
EV/EBITDA
30.49
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
40.13%
Outperforms industry median
Return on Capital Employed (ROCE)
52.75%
Outperforms industry median
Return on Assets (ROA)
31.66%
Operating Profit Margin
33.7%
Net Profit Margin
27.34%
Gross Profit Margin
39.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
32.61%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
22.28%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
19.26%
Asset Quality
Promoter Holding
47.61%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹71 Cr.
Equity
₹18.6 Cr.
Face Value
₹10
All Time Low / High
₹2.20 / 937.00

Nintec Systems stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Nintec Systems Ltd a good quality company?
Nintec Systems 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 Nintec Systems Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Nintec Systems Ltd vs industry peers?
Nintec Systems Ltd revenue CAGR is 61.81%, compared to the industry median CAGR of 2.68%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Nintec Systems Ltd?
Promoters hold 47.61% of the Nintec Systems Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Nintec Systems Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 58.8% 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.
Nintec 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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.8%10.5%10.2%14.4%17.7%16.2%29.3%44.4%67.7%66.2%-
Value Creation
Index
-0.7-0.3-0.30.00.30.21.12.23.83.7-

Growth Parameters

Sales 1.23.13.67.87.78.819.832.364.785.9104
Sales YoY Gr.-156.3%18.7%116.3%-1.2%14.2%124.1%63.1%100.4%32.6%-
Adj EPS 0.10.20.10.30.50.71.52.57.311.615.8
YoY Gr.-100%-45%145.5%74.1%38.3%123.1%69.7%195.9%59.6%-
BVPS (₹) 3.73.94.24.75.46.17.510.418.130.648.4
Adj Net
Profit
0.10.40.20.50.91.22.74.613.521.629
Cash Flow from Ops. -2.5-2.2-0.3-0.4-0.10.21.34.19.322.3-
Debt/CF from Ops. 000000000.30.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 60.9%61.8%63%32.6%
Adj EPS 69.6%89.9%100.1%59.6%
BVPS26.4%41.5%59.9%69.4%
Share Price 58.1% 133.4% 25.6% 62.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.75.82.66.19.411.321.327.451.147.840.1
Op. Profit
Mgn %
15.315.36.48.613.616.717.31827.933.840.1
Net Profit
Mgn %
11.7125.46.511.413.613.614.120.925.228.3
Debt to
Equity
000000000.10-
Working Cap
Days
01982682202067035516175158
Cash Conv.
Cycle
09-315982135132536125

Valuation of Nintec Systems - 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!

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales3488920326586102
Operating Expenses > + 337771626475766
Manufacturing Costs0000001122
Material Costs0010011111
Employee Cost 225571421364549
Other Costs > 11110149914
Operating Profit > 0011136182935
Operating Profit Margin (%) 15.3%6.4%8.6%13.6%16.7%17.3%18.0%27.9%33.7%34.8%
Other Income > + 0111012245
Exceptional Items > 0000000000
Interest > 000-0000000
Depreciation > 0000001123
Profit Before Tax > 1112247193137
Tax > 0000012589
Profit After Tax 0111136142328
PAT Margin (%) 14.5%14.3%10.9%16.5%14.8%14.0%17.2%21.7%27.2%27.3%
Adjusted EPS (₹)0.20.30.50.70.71.53.07.612.615.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 78910111419345782
Share Capital 77777710191919
Reserves 1123479153863
Debt +0000000222
Long Term Debt0000000222
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables0010101112
Others Liabilities 001113591318
Total Liabilities 8910111317254572103

Fixed Assets

Net Fixed Assets +0001012475
Gross Block011112371213
Accumulated Depreciation0000112357
CWIP 0000000000
Investments 5536896182136
Inventories0000000000
Trade Receivables004101491115
Cash Equivalents 0003341182434
Others Assets 333111361012
Total Assets 8910111317254572103
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + -2-0-0-001492224
PBT 1112247193137
Adjustment -0-1-0-0-0-0-000-0
Changes in Working Capital -3-0-1-1-1-2-2-5-2-3
Tax Paid -0-0-0-0-0-0-1-5-7-10
Cash Flow From Investing Activity + 001-00-03-15-6-13
Capex 000-00-0-1-2-5-1
Net Investments 0000004-12-1-14
Others 0000000-011
Cash Flow From Financing Activity + 2-0-00-0-0-02-0-0
Net Proceeds from Shares 2000000000
Net Proceeds from Borrowing 00000002-0-0
Interest Paid -0-0-00-0-0-0-0-0-0
Dividend Paid 0000000000
Others 00000000-00
Net Cash Flow -0-00-0117-31610
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)7.176.8610.3213.6512.2922.0133.3753.2251.6240.13
ROCE (%)10.4910.1914.4117.7316.1829.2744.4267.6866.1752.75
Asset Turnover Ratio0.450.440.840.730.741.331.521.831.461.16
PAT to CFO Conversion(x)N/A-0-0-000.330.670.640.960.86
Working Capital Days
Receivable Days39.603.9085.60115.9036.8015.2026.9034.5040.9046.20
Inventory Days0000000000
Payable Days00157.60787.50570.30155.10417.70491.80240.50535.30

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Nintec Systems Ltd FAQs

The current trading price of Nintec Systems on 25-Aug-2026 16:59 is ₹706.1.

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 24-Aug-2026 the market cap of Nintec Systems stood at ₹1,311.7 Cr

The latest P/E ratio of Nintec Systems as of 24-Aug-2026 is 44.60.

The latest P/B ratio of Nintec Systems as of 24-Aug-2026 is 14.58.

The 52-week high of Nintec Systems is ₹937.0 and the 52-week low is ₹282.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nintec Systems is ₹104 ( Cr.) .

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

The key valuation ratios of Nintec Systems Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nintec Systems Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Nintec Systems Ltd

The company was incorporated as NINtec Systems Limited on August 04, 2015 with the Registrar of Companies, Gujarat as a public limited company under the provisions of the Companies Act 2013.

The company is headquartered in Ahmedabad and is promoted by Niraj C Gemawat and Indrajeet A. Mitra. The company’s promoters have years of rich experience in software development. The company’s primary focus is to deliver high quality and affordable services to the broader population by leveraging its economies of scale, skilled staff, and an efficient business model.

It is a provider of software development services and solutions. It specializes in providing offshore software product development, software migration, multimedia design & development, application development & maintenance, web designing, digitization of engineering drawings, and search engine optimization. The company’s customer base includes companies from diverse industry verticals like Automotive, Print Media & Publishing, Banking, Financial Services & Insurance (BFSI), Transportation and Logistics. The company’s primary objective is to bring the strategic differential advantage of offshore software outsourcing to the doorstep of its customers globally.

Services offered by the company

Business Analytics: The company uses advanced analytics to extract and interpret complex data which can then be reviewed and acted upon to find better ways of doing business through use of business analytics and engage with customers and stakeholders, and ultimately leading to make better business decisions based on analytical judgements. With the company’s business analytics solutions, data driven insights are easy to obtain and harness.

Cloud Services: With the company’s end-to-end cloud services including cloud advisory, infrastructure, integration, management, and security, enterprise’s transition to a cloud empowered organization turns seamless and efficient.

Application Engineering:  The company recognizes the need for this transformation and so offers its clients a full suite of Application Services including planning, designing, building, implementing and optimizing application development and maintenance. It strives to help organizations remain efficient and agile, and its application services are an effective and affordable means to this end.

Testing Services:  Nintec’s QA professionals are highly experienced and follow best practices in the field. The company’s Testing Services include test automation, performance testing, functional testing, security testing and validation, usability and accessibility testing, regression testing, among others.

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