NIITLTD
NIIT Limited
NIIT Limited (NIITLTD) financial statements and selected valuation metrics through 30 June 2026.
Consumer Discretionary›Consumer Services›Other Consumer Services›Education
niit.ai(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Stock price
₹85.26
Market cap
1,169 Cr
Stock P/E
142.0
P/B
1.09
Dividend yield
1.2%
ROE (FY26)
0.5%
ROCE (FY26)
1.2%
Operating margin (FY26)
-10.8%
Debt / equity (FY26)
0.0003
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Compare with peers
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What you need to know
NIIT (NIIT Limited) trains corporate teams, working professionals, job seekers and college students in technology, AI and banking skills, selling mainly to enterprises (65% of revenue in Q1 FY27) and the rest to individual learners.
Company snapshot
2ndBy market cap
Ranked among 13 companies in Education.
What we see
Positives
- ✓Debt-to-equity of 0.00x — the company is largely funded by its own money, not borrowed funds.
Concerns
- ✗Net margin is very thin at 1.5% — little room for error if costs rise.
2 more signals from the filings.Sign in free to see them all
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 81 Cr | 85 Cr | 74 Cr | 82 Cr | 91 Cr | 98 Cr | 86 Cr | 84 Cr | 105 Cr | 101 Cr | 100 Cr | 96 Cr |
| Operating expenses (approx.) | 80 Cr | 78 Cr | 74 Cr | 84 Cr | 92 Cr | 91 Cr | 88 Cr | 94 Cr | 106 Cr | 102 Cr | 101 Cr | 99 Cr |
| EBITDA | 1 Cr | 7 Cr | 0.50 Cr | -1 Cr | -1 Cr | 7 Cr | -1 Cr | -10 Cr | -1 Cr | -0.90 Cr | -1 Cr | -4 Cr |
| OPM % | 1.8% | 8.4% | 0.7% | -1.3% | -1.2% | 7.0% | -1.7% | -11.7% | -1.1% | -0.9% | -1.5% | -3.9% |
| Other income | 15 Cr | 16 Cr | 18 Cr | 17 Cr | 22 Cr | 17 Cr | 24 Cr | 24 Cr | 14 Cr | 21 Cr | 9 Cr | 22 Cr |
| Interest | 0.31 Cr | 0.29 Cr | 0.50 Cr | 0.35 Cr | 0.35 Cr | 0.35 Cr | 0.21 Cr | 0.26 Cr | 0.23 Cr | 0.24 Cr | 0.31 Cr | 0.24 Cr |
| Depreciation | 4 Cr | 5 Cr | 5 Cr | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 7 Cr | 7 Cr | 8 Cr | 7 Cr | 10 Cr |
| Profit before tax | 11 Cr | 18 Cr | 13 Cr | 10 Cr | 14 Cr | 17 Cr | 17 Cr | 5 Cr | 2 Cr | 6 Cr | -2 Cr | 7 Cr |
| Tax % | 6.3% | 17.5% | 10.9% | 15.3% | 13.0% | 19.1% | 17.0% | 15.3% | 71.5% | 29.4% | -106.7% | -9.1% |
| Net profit | 11 Cr | 15 Cr | 11 Cr | 8 Cr | 12 Cr | 14 Cr | 14 Cr | 4 Cr | 0.65 Cr | 5 Cr | -3 Cr | 8 Cr |
| EPS (₹) | ₹0.79 | ₹1.07 | ₹0.83 | ₹0.57 | ₹0.88 | ₹0.99 | ₹0.97 | ₹0.32 | ₹0.10 | ₹0.29 | ₹-0.32 | ₹0.59 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 845 Cr | 851 Cr | 910 Cr | 889 Cr | 949 Cr | 1,377 Cr | 341 Cr | 303 Cr | 358 Cr | 390 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 788 Cr | 783 Cr | 839 Cr | 808 Cr | 778 Cr | 1,081 Cr | 345 Cr | 302 Cr | 354 Cr | 404 Cr | Sign in free for the trailing twelve months |
| EBITDA | 58 Cr | 68 Cr | 71 Cr | 81 Cr | 171 Cr | 296 Cr | -4 Cr | 1 Cr | 3 Cr | -13 Cr | Sign in free for the trailing twelve months |
| OPM % | 6.8% | 8.0% | 7.8% | 9.1% | 18.0% | 21.5% | -1.1% | 0.4% | 0.9% | -3.4% | Sign in free for the trailing twelve months |
| Other income | 14 Cr | 9 Cr | 7 Cr | 117 Cr | 89 Cr | 52 Cr | 38 Cr | 65 Cr | 80 Cr | 67 Cr | Sign in free for the trailing twelve months |
| Interest | 26 Cr | 19 Cr | 20 Cr | 17 Cr | 6 Cr | 2 Cr | 1 Cr | 1 Cr | 0.93 Cr | 1 Cr | Sign in free for the trailing twelve months |
| Depreciation | 46 Cr | 40 Cr | 36 Cr | 60 Cr | 59 Cr | 58 Cr | 16 Cr | 18 Cr | 23 Cr | 29 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 61 Cr | 84 Cr | 114 Cr | 1,383 Cr | 177 Cr | 282 Cr | 13 Cr | 45 Cr | 57 Cr | 12 Cr | Sign in free for the trailing twelve months |
| Tax % | 30.5% | 24.0% | 23.7% | 4.0% | 19.0% | 18.4% | 36.5% | 13.2% | 16.4% | 50.7% | Sign in free for the trailing twelve months |
| Net profit | 42 Cr | 64 Cr | 87 Cr | 1,327 Cr | 144 Cr | 230 Cr | 8 Cr | 39 Cr | 48 Cr | 6 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹2.47 | ₹3.76 | ₹5.18 | ₹82.87 | ₹10.09 | ₹16.83 | ₹0.24 | ₹2.85 | ₹3.41 | ₹0.39 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 19.5% | 32.0% | 0.0% | 17.1% | 21.1% | 229.5% | Sign in free for the trailing twelve months |
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The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 33 Cr | 33 Cr | 33 Cr | 28 Cr | 28 Cr | 27 Cr | 27 Cr | 27 Cr | 27 Cr | 27 Cr |
| Reserves | 651 Cr | 690 Cr | 800 Cr | 1,492 Cr | 1,612 Cr | 1,489 Cr | 969 Cr | 1,007 Cr | 1,052 Cr | 1,043 Cr |
| Borrowings | 155 Cr | 113 Cr | 137 Cr | 54 Cr | 8 Cr | 9 Cr | 13 Cr | — | 0.66 Cr | 0.34 Cr |
| Other liabilities | 547 Cr | 556 Cr | 511 Cr | 443 Cr | 501 Cr | 580 Cr | 127 Cr | 125 Cr | 117 Cr | 183 Cr |
| Total liabilities | 1,396 Cr | 1,402 Cr | 1,491 Cr | 2,020 Cr | 2,152 Cr | 2,108 Cr | 1,140 Cr | 1,163 Cr | 1,204 Cr | 1,254 Cr |
| Fixed assets (net) | 159 Cr | 153 Cr | 153 Cr | 148 Cr | 145 Cr | 147 Cr | 137 Cr | 138 Cr | 142 Cr | 141 Cr |
| CWIP | — | — | 0 Cr | 0.10 Cr | 0 Cr | 0 Cr | 0.04 Cr | 0.81 Cr | 32 Cr | 23 Cr |
| Investments | 586 Cr | 604 Cr | 2 Cr | 844 Cr | 854 Cr | 722 Cr | 573 Cr | 586 Cr | 678 Cr | 656 Cr |
| Inventories | 2 Cr | 3 Cr | 5 Cr | 0.51 Cr | 0.06 Cr | 2 Cr | 0.69 Cr | 1 Cr | 1 Cr | 1 Cr |
| Trade receivables | 169 Cr | 165 Cr | 165 Cr | 138 Cr | 141 Cr | 189 Cr | 31 Cr | 38 Cr | 50 Cr | 57 Cr |
| Cash & bank | 105 Cr | 109 Cr | 101 Cr | 86 Cr | 174 Cr | 307 Cr | 49 Cr | 39 Cr | 32 Cr | 28 Cr |
| Other assets | 376 Cr | 369 Cr | 1,064 Cr | 804 Cr | 839 Cr | 741 Cr | 350 Cr | 360 Cr | 269 Cr | 348 Cr |
| Total assets | 1,396 Cr | 1,402 Cr | 1,491 Cr | 2,020 Cr | 2,152 Cr | 2,108 Cr | 1,140 Cr | 1,163 Cr | 1,204 Cr | 1,254 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 111 Cr | 87 Cr | 44 Cr | 47 Cr | 233 Cr | 288 Cr | 4 Cr | 9 Cr | 29 Cr | 7 Cr |
| Cash from investing | -42 Cr | -52 Cr | -50 Cr | 747 Cr | -38 Cr | 227 Cr | 25 Cr | 5 Cr | -27 Cr | 4 Cr |
| Cash from financing | -43 Cr | -21 Cr | -7 Cr | -809 Cr | -98 Cr | -386 Cr | -34 Cr | -23 Cr | -10 Cr | -20 Cr |
| Net cash flow | 25 Cr | 15 Cr | -13 Cr | -15 Cr | 99 Cr | 131 Cr | -5 Cr | -10 Cr | -7 Cr | -4 Cr |
| Free cash flow (OCF − Capex) | 49 Cr | 23 Cr | -29 Cr | -17 Cr | 206 Cr | 261 Cr | -18 Cr | -24 Cr | -10 Cr | -25 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 10.2% | 12.2% | 13.7% | 88.7% | 11.1% | 18.6% | 1.4% | 4.5% | 5.4% | 1.2% |
| ROE % | 5.9% | 8.7% | 10.2% | 87.1% | 8.7% | 14.9% | 0.3% | 3.6% | 4.3% | 0.5% |
| Debtor days | 73 | 71 | 66 | 57 | 54 | 50 | 33 | 46 | 51 | 53 |
| Inventory days | 1 | 1 | 2 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Days payable | 47 | 69 | 46 | 40 | 31 | 33 | 39 | 49 | 49 | 54 |
| Cash conversion cycle | 27 | 3 | 23 | 17 | 23 | 17 | -6 | -2 | 4 | 0 |
| OCF / EBITDA % | 192.4% | 128.7% | 62.5% | 58.2% | 136.4% | 97.1% | — | n.m. | n.m. | — |
| OCF / EBITDA % (3 years) | — | — | 123.5% | 81.3% | 100.5% | 103.6% | 113.2% | 102.3% | n.m. | — |
| Debt / equity | 0.23 | 0.16 | 0.16 | 0.04 | 0.0047 | 0.0060 | 0.01 | — | 0.0006 | 0.0003 |
| Current ratio | 1.12 | 0.95 | 1.10 | 3.95 | 3.78 | 2.94 | 6.20 | 7.16 | 7.83 | 5.71 |
| Net debt / EBITDA | 0.88 | — | 0.51 | -0.39 | -0.97 | -1.00 | — | -32.48 | -9.66 | — |