N2N Technologies Ltd
Incorporated in 1985, N2N Technologies Ltd is in the business of IT & IT Enabled Services[1]
- Market Cap ₹ 11.2 Cr.
- Current Price ₹ 34.7
- High / Low ₹ 34.7 / 14.2
- Stock P/E 7.67
- Book Value ₹ 21.3
- Dividend Yield 0.00 %
- ROCE 19.6 %
- ROE 22.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.89% over last 3 years.
- Earnings include an other income of Rs.1.58 Cr.
- Debtor days have increased from 79.6 to 140 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.61 | 1.61 | 1.41 | 1.35 | |
| 0.52 | 0.13 | 0.12 | 0.21 | 0.12 | 0.10 | 0.08 | 0.42 | 4.65 | 0.58 | 1.63 | 1.66 | 1.45 | |
| Operating Profit | -0.43 | -0.13 | -0.12 | -0.21 | -0.12 | -0.10 | -0.08 | -0.42 | -4.65 | 0.03 | -0.02 | -0.25 | -0.10 |
| OPM % | -477.78% | 4.92% | -1.24% | -17.73% | -7.41% | ||||||||
| 0.00 | 0.14 | 0.18 | -2.65 | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.58 | 1.58 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.02 | 0.08 | 0.08 | 0.07 | 0.01 | 0.00 | 0.00 | 4.58 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.45 | -0.07 | -0.02 | -2.93 | 0.08 | -0.10 | -0.08 | -5.00 | -4.65 | 0.01 | -0.04 | 1.31 | 1.46 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 20.00% | 0.00% | 0.00% | 0.00% | -200.00% | -175.00% | 0.00% | |
| -0.45 | -0.08 | -0.02 | -2.94 | 0.08 | -0.12 | -0.08 | -4.99 | -4.65 | 0.03 | 0.03 | 1.31 | 1.46 | |
| EPS in Rs | -1.02 | -0.18 | -0.05 | -9.11 | 0.25 | -0.37 | -0.25 | -15.46 | -14.40 | 0.09 | 0.09 | 4.06 | 4.53 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 79% |
| 3 Years: | 32% |
| TTM: | 621% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 54% |
| 3 Years: | 63% |
| 1 Year: | 66% |
| Return on Equity | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | -24% |
| 3 Years: | 9% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.41 | 4.41 | 4.41 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 4.01 | 4.01 |
| Reserves | 14.34 | 14.26 | 14.24 | 11.28 | 11.36 | 11.24 | 11.16 | 6.17 | 1.52 | 1.55 | 1.58 | 2.89 | 2.87 |
| 0.03 | 0.03 | 0.13 | 0.79 | 0.79 | 0.92 | 0.94 | 0.94 | 0.96 | 0.96 | 1.01 | 0.64 | 0.65 | |
| 0.51 | 0.53 | 0.52 | 0.62 | 0.61 | 0.49 | 0.49 | 0.51 | 0.58 | 0.74 | 0.72 | 1.00 | 1.05 | |
| Total Liabilities | 19.29 | 19.23 | 19.30 | 15.92 | 15.99 | 15.88 | 15.82 | 10.85 | 6.29 | 6.48 | 6.54 | 8.54 | 8.58 |
| 9.54 | 9.45 | 9.38 | 9.17 | 9.17 | 9.15 | 9.15 | 4.58 | 0.00 | 0.04 | 0.04 | 0.04 | 0.03 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.25 | 3.25 | 3.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.50 | 6.53 | 6.67 | 6.75 | 6.82 | 6.73 | 6.67 | 6.27 | 6.29 | 6.44 | 6.50 | 8.50 | 8.55 | |
| Total Assets | 19.29 | 19.23 | 19.30 | 15.92 | 15.99 | 15.88 | 15.82 | 10.85 | 6.29 | 6.48 | 6.54 | 8.54 | 8.58 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.24 | -0.14 | -0.16 | -3.14 | -0.31 | -0.08 | -0.06 | -0.40 | -0.02 | 6.29 | -0.07 | -0.40 | |
| -13.38 | 0.14 | 0.18 | 3.45 | 0.20 | 0.00 | 0.00 | 0.40 | 0.00 | -6.30 | 0.01 | -0.02 | |
| 13.14 | 0.00 | 0.00 | -0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.05 | 0.42 | |
| Net Cash Flow | 0.00 | 0.00 | 0.01 | 0.18 | -0.12 | -0.08 | -0.06 | 0.00 | 0.00 | -0.01 | -0.01 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 3,568.89 | 71.80 | 27.20 | 139.79 | ||||||||
| Inventory Days | 1,825.00 | 182.50 | ||||||||||
| Days Payable | 17,885.00 | 4,380.00 | ||||||||||
| Cash Conversion Cycle | -12,491.11 | 71.80 | 27.20 | 139.79 | ||||||||
| Working Capital Days | 23,116.67 | -365.00 | -131.49 | -113.90 | ||||||||
| ROCE % | -3.12% | -0.37% | -0.11% | -0.35% | 0.52% | -0.65% | -0.52% | -38.96% | -57.94% | 0.35% | -0.69% | 19.61% |
Documents
Announcements
- Unaudited Financial Results For Half Year Ended September 30, 2025 14 Nov
-
Draft Letter of Offer
11 Nov - Open Offer: acquire 12,91,228 shares (40%) at ₹4.30; total ₹55.52 lakh; control change
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Announcement under Regulation 30 (LODR)-Open Offer - Updates
7 Nov - DPS received for open offer to acquire 12,91,228 shares (40%) by Harmony Remedies; dated Nov 7, 2025.
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Board Meeting Intimation for Adoption Of Unaudted Financial Results For The Half Year Ended September 30, 2025
7 Nov - Board meeting on November 14, 2025 to adopt unaudited financial results for quarter and half year ended Sept 30, 2025.
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Detailed Public Statement
3 Nov - Ventures Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement As per Regulations 3(1) and (4) read with …
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 2009
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Financial Year 2008
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Business Overview:[1]
N2N is an IT Professional Services and Consulting company. It designs and delivers technology-enabled business solutions for MNCs, SMEs and Startups. It offers Professional
and Staff Augmentation Services, business and technology consulting, application services, systems integration, product engineering, custom software development, maintenance, re-engineering, independent testing and validation services, IT infrastructure services