NIIT Ltd
NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company was established in 1981 to help the nascent IT industry overcome its human resource challenges. [1]
- Market Cap ₹ 2,664 Cr.
- Current Price ₹ 197
- High / Low ₹ 208 / 90.6
- Stock P/E 57.2
- Book Value ₹ 77.4
- Dividend Yield 0.64 %
- ROCE 4.64 %
- ROE 3.80 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 85.2%
- Debtor days have improved from 118 to 46.0 days.
- Promoter holding has increased by 2.60% over last quarter.
Cons
- The company has delivered a poor sales growth of -18.9% over past five years.
- Tax rate seems low
- Company has a low return on equity of 6.39% over last 3 years.
- Earnings include an other income of Rs.71.7 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Computer Education Industry: Computers - Education
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
953 | 943 | 953 | 1,002 | 845 | 850 | 865 | 889 | 960 | 251 | 341 | 303 | 333 | |
909 | 890 | 927 | 929 | 785 | 780 | 796 | 835 | 799 | 248 | 345 | 302 | 327 | |
Operating Profit | 45 | 53 | 26 | 73 | 60 | 71 | 70 | 54 | 161 | 3 | -3 | 1 | 5 |
OPM % | 5% | 6% | 3% | 7% | 7% | 8% | 8% | 6% | 17% | 1% | -1% | 0% | 2% |
-8 | 17 | -68 | 7 | 74 | 75 | 100 | 1,408 | 85 | 236 | 34 | 64 | 72 | |
Interest | 18 | 19 | 17 | 24 | 28 | 22 | 23 | 20 | 9 | 1 | 1 | 2 | 2 |
Depreciation | 86 | 78 | 107 | 49 | 46 | 40 | 33 | 60 | 59 | 15 | 16 | 18 | 21 |
Profit before tax | -68 | -26 | -166 | 7 | 61 | 84 | 114 | 1,383 | 177 | 221 | 13 | 45 | 55 |
Tax % | -64% | 35% | 1% | 50% | 30% | 24% | 24% | 4% | 19% | -4% | 36% | 13% | |
27 | 19 | -140 | 70 | 42 | 64 | 87 | 1,327 | 144 | 230 | 8 | 40 | 47 | |
EPS in Rs | 1.59 | 1.08 | -8.39 | 4.06 | 2.47 | 3.75 | 5.17 | 93.81 | 10.05 | 16.89 | 0.24 | 2.84 | 3.33 |
Dividend Payout % | 101% | 149% | -0% | -0% | -0% | -0% | 97% | 11% | 25% | 18% | 212% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | -11% |
5 Years: | -19% |
3 Years: | -32% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | -15% |
3 Years: | -29% |
TTM: | 155% |
Stock Price CAGR | |
---|---|
10 Years: | 31% |
5 Years: | 50% |
3 Years: | 26% |
1 Year: | 62% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 6% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 28 | 28 | 27 | 27 | 27 | 27 |
Reserves | 635 | 641 | 697 | 772 | 650 | 690 | 800 | 1,492 | 1,612 | 1,488 | 969 | 1,007 | 1,021 |
153 | 128 | 155 | 195 | 177 | 178 | 207 | 166 | 58 | 25 | 13 | 8 | 8 | |
388 | 319 | 284 | 337 | 509 | 481 | 425 | 352 | 452 | 566 | 131 | 122 | 134 | |
Total Liabilities | 1,208 | 1,121 | 1,168 | 1,337 | 1,370 | 1,382 | 1,465 | 2,039 | 2,151 | 2,107 | 1,140 | 1,163 | 1,190 |
220 | 185 | 110 | 107 | 194 | 219 | 228 | 357 | 310 | 371 | 245 | 260 | 283 | |
CWIP | 12 | 18 | 4 | 2 | 15 | 28 | 53 | 20 | 5 | 6 | 16 | 16 | 2 |
Investments | 236 | 290 | 526 | 582 | 586 | 604 | 2 | 844 | 859 | 722 | 572 | 586 | 620 |
739 | 628 | 527 | 646 | 575 | 531 | 1,182 | 818 | 978 | 1,008 | 306 | 302 | 285 | |
Total Assets | 1,208 | 1,121 | 1,168 | 1,337 | 1,370 | 1,382 | 1,465 | 2,039 | 2,151 | 2,107 | 1,140 | 1,163 | 1,190 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
58 | 62 | 31 | 70 | 111 | 88 | 46 | 51 | 236 | 288 | 2 | 9 | |
-52 | -25 | -19 | -67 | -48 | -63 | -54 | 746 | -50 | 229 | -226 | 3 | |
-0 | -76 | -6 | 16 | -43 | -21 | 1 | -809 | -98 | -386 | -34 | -23 | |
Net Cash Flow | 5 | -40 | 5 | 19 | 20 | 4 | -7 | -12 | 88 | 131 | -258 | -10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 142 | 98 | 72 | 88 | 73 | 71 | 70 | 56 | 55 | 275 | 33 | 46 |
Inventory Days | 29 | 31 | 31 | |||||||||
Days Payable | 554 | 816 | 980 | |||||||||
Cash Conversion Cycle | -384 | -686 | -877 | 88 | 73 | 71 | 70 | 56 | 55 | 275 | 33 | 46 |
Working Capital Days | 47 | 35 | 11 | 28 | -30 | -57 | -29 | 24 | -14 | -89 | 42 | 18 |
ROCE % | -4% | -2% | -8% | 3% | 9% | 12% | 14% | 3% | 8% | 0% | 1% | 5% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 14 Nov
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
13 Nov - Of allotment of equity shares under NIIT Employee Stock Option Plan-2005
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Nov - Investor/Analyst meeting scheduled for November 18, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
7 Nov - Find investor / analysts meeting intimation as per attached letter.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 Oct - Find earnings call transcript organized on October 25, 2024 for the financial results for quarter and half year ended Sep 30, 2024.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Oct 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2022Transcript PPT
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Oct 2020Transcript PPT
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Oct 2019Transcript PPT
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Sep 2019Transcript PPT
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May 2019Transcript PPT
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Jan 2019Transcript PPT
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Oct 2018Transcript PPT
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Sep 2018TranscriptNotesPPT
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Jul 2018Transcript PPT
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Oct 2017Transcript PPT
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Aug 2017TranscriptPPT
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Jul 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Jan 2017TranscriptNotesPPT
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Oct 2016TranscriptNotesPPT
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Jul 2016TranscriptNotesPPT
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Feb 2016TranscriptNotesPPT
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Jan 2016TranscriptNotesPPT
Revenue Segments FY22
[DEMERGED] Corporate Learning Group (82%)- It offers Managed Training Services and Learning & Development transformation services to market-leading companies in North America, Europe, Asia, and Oceania.
Skill & Careers Group (18%)- It delivers a diverse range of learning and talent development programs to individuals and corporate learners in established and growth areas. The Company provides these programs in India & China. [1]