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 ₹ 2,926 Cr.
- Current Price ₹ 216
- High / Low ₹ 234 / 90.6
- Stock P/E 76.2
- Book Value ₹ 76.5
- Dividend Yield 0.58 %
- ROCE 3.76 %
- ROE 3.46 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 118 to 62.3 days.
- Promoter holding has increased by 2.60% over last quarter.
- Company's working capital requirements have reduced from 161 days to 48.2 days
Cons
- Stock is trading at 2.82 times its book value
- The company has delivered a poor sales growth of -19.2% over past five years.
- Company has a low return on equity of 3.77% over last 3 years.
- Earnings include an other income of Rs.82.6 Cr.
- Dividend payout has been low at 6.04% of profits over last 3 years
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
634 | 513 | 344 | 377 | 363 | 362 | 378 | 401 | 368 | 126 | 157 | 130 | 128 | |
596 | 491 | 351 | 370 | 364 | 351 | 371 | 369 | 344 | 153 | 200 | 155 | 156 | |
Operating Profit | 38 | 22 | -7 | 7 | -0 | 11 | 6 | 32 | 24 | -27 | -42 | -25 | -28 |
OPM % | 6% | 4% | -2% | 2% | -0% | 3% | 2% | 8% | 7% | -21% | -27% | -19% | -22% |
67 | 63 | -48 | 43 | 45 | 39 | 63 | 1,529 | 71 | 168 | 36 | 74 | 83 | |
Interest | 18 | 19 | 14 | 21 | 24 | 20 | 20 | 14 | 4 | 1 | 1 | 1 | 1 |
Depreciation | 78 | 68 | 43 | 28 | 24 | 24 | 23 | 35 | 27 | 10 | 11 | 12 | 15 |
Profit before tax | 8 | -2 | -113 | 1 | -3 | 6 | 27 | 1,512 | 65 | 130 | -18 | 36 | 38 |
Tax % | 86% | 312% | 3% | 85% | 20% | 9% | 4% | 10% | 17% | -10% | -6% | 5% | |
1 | -8 | -116 | 0 | -4 | 5 | 26 | 1,368 | 54 | 142 | -17 | 35 | 37 | |
EPS in Rs | 0.07 | -0.47 | -7.03 | 0.01 | -0.21 | 0.31 | 1.52 | 96.70 | 3.77 | 10.63 | -1.27 | 2.57 | 2.74 |
Dividend Payout % | 2,277% | -340% | 0% | 0% | 0% | 0% | 328% | 10% | 66% | 28% | -39% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | -13% |
5 Years: | -19% |
3 Years: | -29% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 9% |
3 Years: | -9% |
TTM: | 537% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 53% |
3 Years: | 29% |
1 Year: | 88% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 419 | 387 | 779 | 779 | 747 | 759 | 776 | 1,504 | 1,537 | 1,335 | 963 | 1,001 | 1,009 |
158 | 128 | 125 | 175 | 179 | 172 | 214 | 68 | 17 | 9 | 7 | 5 | 5 | |
303 | 205 | 135 | 147 | 174 | 146 | 147 | 141 | 136 | 157 | 71 | 68 | 62 | |
Total Liabilities | 913 | 752 | 1,071 | 1,133 | 1,134 | 1,111 | 1,170 | 1,742 | 1,719 | 1,528 | 1,068 | 1,102 | 1,104 |
190 | 149 | 62 | 65 | 166 | 160 | 172 | 207 | 168 | 163 | 147 | 164 | 189 | |
CWIP | 12 | 11 | 4 | 1 | 10 | 9 | 11 | 8 | 2 | 6 | 14 | 15 | 2 |
Investments | 207 | 186 | 742 | 742 | 763 | 728 | 194 | 949 | 997 | 940 | 712 | 736 | 762 |
505 | 406 | 264 | 324 | 195 | 214 | 793 | 577 | 551 | 418 | 194 | 186 | 151 | |
Total Assets | 913 | 752 | 1,071 | 1,133 | 1,134 | 1,111 | 1,170 | 1,742 | 1,719 | 1,528 | 1,068 | 1,102 | 1,104 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
56 | 4 | 36 | 51 | 31 | 18 | -16 | 28 | 85 | 53 | -31 | -1 | |
-19 | 41 | -26 | -75 | -8 | -12 | 26 | 825 | -62 | 313 | 24 | 8 | |
1 | -80 | -19 | 27 | -13 | -23 | 13 | -854 | -45 | -366 | 4 | -6 | |
Net Cash Flow | 38 | -35 | -9 | 3 | 10 | -17 | 23 | -1 | -22 | -0 | -4 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 147 | 129 | 141 | 117 | 86 | 102 | 104 | 84 | 72 | 258 | 33 | 62 |
Inventory Days | 31 | 33 | 34 | 66 | ||||||||
Days Payable | 419 | 503 | 735 | 987 | ||||||||
Cash Conversion Cycle | -240 | -341 | -560 | -805 | 86 | 102 | 104 | 84 | 72 | 258 | 33 | 62 |
Working Capital Days | 8 | 36 | 16 | 38 | -66 | -46 | 469 | 157 | 64 | 286 | 148 | 48 |
ROCE % | 4% | 3% | -2% | 2% | 2% | 4% | 4% | 5% | 4% | 4% | -1% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
1h - Of allotment of equity shares under NIIT Employee Stock Option Plan-2005.
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Clarification On Price Movement
29 Nov - Clarification on recent price movement of NIIT Limited shares.
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Clarification sought from NIIT Ltd
28 Nov - Exchange has sought clarification from NIIT Ltd on November 28, 2024 with reference to significant movement in price, in order to ensure that investors have …
- 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
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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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]