Niks Technology Ltd
Niks Technology Application development Company offers services which range from outsourced application development and managed services to professional services. The company delivers products and solutions like IT Services, IT Security Services and Training On Ethical Hacking / Embedded System & Robotics /Software Development/Networking and Communication.
- Market Cap ₹ 21.4 Cr.
- Current Price ₹ 475
- High / Low ₹ 601 / 429
- Stock P/E 47.5
- Book Value ₹ 139
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 8.55 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 105 to 70.7 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.02%
- Company has a low return on equity of 12.7% over last 3 years.
- Working capital days have increased from 51.9 days to 128 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.
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.20 | 0.38 | 0.72 | 2.08 | 6.11 | 9.09 | |
| 0.07 | 0.10 | 0.56 | 1.54 | 5.32 | 8.36 | |
| Operating Profit | 0.13 | 0.28 | 0.16 | 0.54 | 0.79 | 0.73 |
| OPM % | 65.00% | 73.68% | 22.22% | 25.96% | 12.93% | 8.03% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.01 |
| Depreciation | 0.02 | 0.05 | 0.15 | 0.18 | 0.15 | 0.08 |
| Profit before tax | 0.11 | 0.23 | 0.01 | 0.36 | 0.61 | 0.64 |
| Tax % | 27.27% | 30.43% | 100.00% | 27.78% | 27.87% | 29.69% |
| 0.08 | 0.16 | 0.00 | 0.26 | 0.45 | 0.45 | |
| EPS in Rs | 40.00 | 4.41 | 0.00 | 7.16 | 10.59 | 10.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 115% |
| 3 Years: | 133% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | % |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.36 | 0.36 | 0.36 | 0.43 | 0.50 |
| Reserves | 0.09 | 0.63 | 0.63 | 0.89 | 3.86 | 5.74 |
| 0.04 | 0.00 | 0.00 | 0.00 | 0.16 | 0.00 | |
| 0.26 | 0.57 | 0.39 | 1.74 | 1.06 | 0.19 | |
| Total Liabilities | 0.41 | 1.56 | 1.38 | 2.99 | 5.51 | 6.43 |
| 0.05 | 0.28 | 0.19 | 0.83 | 0.70 | 0.13 | |
| CWIP | 0.11 | 0.26 | 0.56 | 0.00 | 0.00 | 0.56 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.25 | 1.02 | 0.63 | 2.16 | 4.81 | 5.74 | |
| Total Assets | 0.41 | 1.56 | 1.38 | 2.99 | 5.51 | 6.43 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.16 | 0.55 | -0.05 | 0.84 | -2.17 | -0.45 | |
| -0.14 | -0.42 | -0.34 | -0.27 | -0.02 | -0.06 | |
| 0.00 | 0.68 | 0.00 | 0.00 | 2.73 | 1.33 | |
| Net Cash Flow | 0.02 | 0.81 | -0.39 | 0.57 | 0.53 | 0.82 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 73.00 | 76.84 | 40.56 | 119.33 | 123.66 | 70.67 |
| Inventory Days | 0.00 | 209.34 | 8.11 | 0.00 | ||
| Days Payable | 0.00 | 75.03 | ||||
| Cash Conversion Cycle | 73.00 | 76.84 | 40.56 | 328.67 | 56.74 | 70.67 |
| Working Capital Days | -91.25 | -365.00 | -96.32 | -103.53 | 130.83 | 128.49 |
| ROCE % | 40.35% | 1.01% | 32.14% | 22.46% | 12.16% |
Documents
Announcements
- Financial Result For The Half Year And Year Ended 31.03.2025 24 May
-
Board Meeting Outcome for Outcome Of Board Meeting Dated 24.05.2025
24 May - Audited FY25 results approved; unmodified audit opinion; internal and secretarial auditors re-appointed.
-
Board Meeting Intimation for Intimation Of Board Meeting To Consider The Audited Financial Results Of The Company For The Half Year And Year Ended 31St March, 2025 Under Regulation 29 Of The SEBI (LODR) Regulation 2015
14 May - Board meeting on May 24 to approve audited results for year ended March 31, 2025.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
19 Apr - Niks Technology confirms it is not a ‘Large Corporate’ under SEBI’s debt issuance framework
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
19 Apr - Exemption from SEBI Reg 24A compliance for FY25 as SME‑listed entity
Services Offered:[1]
The company provides hosts of digital service like:
a) Digital Marketing: Search engine optimization (SEO), Search engine marketing (SEM), Content marketing, Influencer marketing, Content automation, Campaign marketing, e-commerce marketing, Social media marketing, Social media optimization, email direct marketing, Display advertising e–books, optical disks and games