NIIT Ltd

NIIT Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

NIIT Ltd

₹ 111 -1.58%
03 Jul 4:10 p.m.
niit.com BSE: 500304 NSE: NIITLTD
About

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]

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 1,504 Cr.
  • Current Price ₹ 111
  • High / Low ₹ 155 / 77.1
  • Stock P/E 38.6
  • Book Value ₹ 76.5
  • Dividend Yield 0.45 %
  • ROCE 4.62 %
  • ROE 3.84 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 118 to 46.0 days.

Cons

  • The company has delivered a poor sales growth of -18.9% over past five years.
  • Promoter holding is low: 34.7%
  • Company has a low return on equity of 6.24% over last 3 years.
  • Earnings include an other income of Rs.64.1 Cr.
  • Dividend payout has been low at 5.92% of profits over last 3 years
  • Working capital days have increased from 225 days to 723 days

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
279 301 316 385 81 94 94 93 60 63 81 85 74
212 234 242 303 81 96 92 86 71 70 80 78 74
Operating Profit 67 67 73 81 0 -2 2 7 -11 -8 1 7 0
OPM % 24% 22% 23% 21% 0% -2% 3% 7% -18% -13% 2% 8% 1%
7 14 14 8 62 1 10 11 12 15 15 16 18
Interest 1 1 0 0 0 0 0 0 0 0 0 0 0
Depreciation 16 14 14 14 6 4 4 4 4 4 4 5 5
Profit before tax 57 66 73 75 57 -5 8 14 -3 3 11 18 13
Tax % 18% 22% 28% 24% -21% 16% 19% -16% -202% 22% 6% 18% 11%
47 52 52 57 68 -5 7 16 -9 2 11 15 11
EPS in Rs 3.27 3.87 3.93 4.11 5.03 -0.48 0.35 1.06 -0.70 0.16 0.79 1.06 0.83
Raw PDF

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
953 943 953 1,002 845 850 865 889 960 251 341 303
909 890 927 929 785 780 796 835 799 248 345 302
Operating Profit 45 53 26 73 60 71 70 54 161 3 -3 1
OPM % 5% 6% 3% 7% 7% 8% 8% 6% 17% 1% -1% 0%
-8 17 -68 7 74 75 100 1,408 85 236 34 64
Interest 18 19 17 24 28 22 23 20 9 1 1 1
Depreciation 86 78 107 49 46 40 33 60 59 15 16 18
Profit before tax -68 -26 -166 7 61 84 114 1,383 177 221 13 45
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
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
Dividend Payout % 101% 149% 0% 0% 0% 0% 97% 11% 25% 18% 0% 0%
Compounded Sales Growth
10 Years: -11%
5 Years: -19%
3 Years: -32%
TTM: -11%
Compounded Profit Growth
10 Years: 13%
5 Years: -15%
3 Years: -29%
TTM: 1446%
Stock Price CAGR
10 Years: 24%
5 Years: 35%
3 Years: 13%
1 Year: 32%
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
Equity Capital 33 33 33 33 33 33 33 28 28 27 27 27
Reserves 635 641 697 772 650 690 800 1,492 1,612 1,488 969 1,007
153 128 155 195 177 178 207 166 58 25 13 8
388 319 284 337 509 481 425 352 452 566 131 122
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
220 185 110 107 194 219 228 357 310 371 245 274
CWIP 12 18 4 2 15 28 53 20 5 6 16 1
Investments 236 290 526 582 586 604 2 844 859 722 572 586
739 628 527 646 575 531 1,182 818 978 1,008 306 302
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

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 4 9
-52 -25 -19 -67 -48 -63 -54 746 -50 229 -228 5
-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 -8

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 42 723
ROCE % -4% -2% -8% 3% 9% 12% 14% 3% 8% 0% -1%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
35.31% 35.12% 35.08% 35.03% 34.98% 34.88% 34.86% 34.85% 34.84% 34.81% 34.73% 34.71%
23.20% 23.64% 22.81% 21.48% 21.70% 21.21% 20.49% 20.70% 21.09% 18.77% 18.44% 18.17%
12.12% 11.30% 11.66% 12.14% 11.72% 11.88% 12.24% 13.13% 12.31% 12.72% 12.69% 12.58%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
29.36% 29.93% 30.43% 31.34% 31.59% 32.02% 32.39% 31.31% 31.74% 33.68% 34.10% 34.50%
No. of Shareholders 76,71992,38298,3071,07,3051,06,6711,07,6191,05,35097,2851,02,7891,09,6111,09,0961,13,155

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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