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 ₹ 4,085 Cr.
- Current Price ₹ 304
- High / Low ₹ 659 / 271
- Stock P/E 36.6
- Book Value ₹ 105
- Dividend Yield 0.99 %
- ROCE 8.14 %
- ROE 8.29 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 81.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 35.0%
Cons
- Stock is trading at 2.90 times its book value
- The company has delivered a poor sales growth of 4.15% over past five years.
- Promoter holding is low: 34.9%
- Tax rate seems low
- Company has a low return on equity of 5.44% over last 3 years.
- Earnings include an other income of Rs.113 Cr.
* 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
637 | 723 | 634 | 513 | 344 | 377 | 363 | 362 | 378 | 401 | 368 | 445 | 513 | |
559 | 674 | 596 | 491 | 351 | 370 | 364 | 351 | 371 | 369 | 344 | 433 | 510 | |
Operating Profit | 78 | 49 | 38 | 22 | -7 | 7 | -0 | 11 | 6 | 32 | 24 | 13 | 3 |
OPM % | 12% | 7% | 6% | 4% | -2% | 2% | -0% | 3% | 2% | 8% | 7% | 3% | 1% |
63 | 157 | 67 | 63 | -48 | 43 | 45 | 39 | 63 | 1,529 | 71 | 147 | 113 | |
Interest | 29 | 23 | 18 | 19 | 14 | 21 | 24 | 20 | 20 | 14 | 4 | 1 | 1 |
Depreciation | 58 | 68 | 78 | 68 | 43 | 28 | 24 | 24 | 23 | 35 | 27 | 21 | 20 |
Profit before tax | 55 | 114 | 8 | -2 | -113 | 1 | -3 | 6 | 27 | 1,512 | 65 | 137 | 95 |
Tax % | 10% | 16% | 86% | -312% | -3% | 85% | -20% | 9% | 4% | 10% | 17% | -4% | |
Net Profit | 50 | 96 | 1 | -8 | -116 | 0 | -4 | 5 | 26 | 1,368 | 54 | 142 | 108 |
EPS in Rs | 3.01 | 5.83 | 0.07 | -0.47 | -7.03 | 0.01 | -0.21 | 0.31 | 1.52 | 96.70 | 3.77 | 10.63 | 8.06 |
Dividend Payout % | 50% | 27% | 2,277% | -340% | 0% | 0% | 0% | 0% | 328% | 10% | 66% | 28% |
Compounded Sales Growth | |
---|---|
10 Years: | -5% |
5 Years: | 4% |
3 Years: | 6% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 81% |
3 Years: | 75% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 23% |
3 Years: | 45% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 28 | 28 | 27 | 27 | |
Reserves | 383 | 450 | 419 | 387 | 779 | 779 | 742 | 751 | 764 | 1,491 | 1,522 | 1,309 | 1,381 |
250 | 114 | 158 | 128 | 125 | 175 | 179 | 172 | 214 | 68 | 17 | 9 | 8 | |
246 | 322 | 303 | 205 | 135 | 147 | 180 | 154 | 160 | 154 | 151 | 184 | 174 | |
Total Liabilities | 912 | 919 | 913 | 752 | 1,071 | 1,133 | 1,134 | 1,111 | 1,170 | 1,742 | 1,719 | 1,528 | 1,590 |
168 | 206 | 190 | 149 | 62 | 65 | 166 | 160 | 172 | 207 | 168 | 163 | 179 | |
CWIP | 32 | 17 | 12 | 11 | 4 | 1 | 10 | 9 | 11 | 8 | 2 | 6 | 1 |
Investments | 203 | 204 | 207 | 186 | 742 | 742 | 763 | 728 | 194 | 949 | 997 | 940 | 984 |
509 | 492 | 505 | 406 | 264 | 324 | 195 | 214 | 793 | 577 | 551 | 418 | 426 | |
Total Assets | 912 | 919 | 913 | 752 | 1,071 | 1,133 | 1,134 | 1,111 | 1,170 | 1,742 | 1,719 | 1,528 | 1,590 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
71 | 95 | 56 | 4 | 36 | 51 | 31 | 18 | -16 | 28 | 85 | 53 | |
-23 | 80 | -19 | 41 | -26 | -75 | -8 | -12 | 26 | 825 | -62 | 313 | |
-51 | -182 | 1 | -80 | -19 | 27 | -13 | -23 | 13 | -854 | -45 | -366 | |
Net Cash Flow | -4 | -6 | 38 | -35 | -9 | 3 | 10 | -17 | 23 | -1 | -22 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 147 | 136 | 147 | 129 | 141 | 117 | 86 | 102 | 104 | 84 | 72 | 73 |
Inventory Days | 49 | 31 | 31 | 33 | 34 | 66 | ||||||
Days Payable | 354 | 385 | 419 | 503 | 735 | 987 | ||||||
Cash Conversion Cycle | -158 | -218 | -240 | -341 | -560 | -805 | 86 | 102 | 104 | 84 | 72 | 73 |
Working Capital Days | 66 | 5 | 8 | 36 | 16 | 38 | -66 | -46 | 469 | 157 | 64 | 81 |
ROCE % | 11% | 5% | 4% | 3% | -2% | 2% | 2% | 4% | 4% | 5% | 4% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Copy of the press release titled 'NIIT awarded as 'Institutions with excellent Training and Placements' at BW Education Top Education Brand Awards 2022'. This is …
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
25 Jan - The Share Allotment Committee of the Company on January 25, 2023, has allotted 30,000 (Thirty Thousand only) Equity Shares of Rs. 2/- each in accordance …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
24 Jan - NIIT Limited would be hosting a call for investors/analysts to discuss its Q3 FY 23 results on Tuesday, January 31, 2023 between 3.30 p.m. to …
- Board Meeting Intimation for Intimation About Board Meeting To Be Held On January 31, 2023 23 Jan
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Jan - The Scheme has been approved by Shareholders and Creditors of the Company. This is being informed that a Petition under Sections 230 to 232 of …
Annual reports
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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 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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Financial Year 2010
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Financial Year 2010
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Concalls
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Nov 2022Transcript PPT
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Revenue Segments FY22
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]