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 ₹ 1,457 Cr.
- Current Price ₹ 108
- High / Low ₹ 155 / 77.1
- Stock P/E 93.6
- Book Value ₹ 74.6
- Dividend Yield 0.46 %
- ROCE -3.21 %
- ROE -3.43 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 121 to 33.0 days.
Cons
- The company has delivered a poor sales growth of -15.3% over past five years.
- Promoter holding is low: 34.7%
- Company has a low return on equity of 2.97% over last 3 years.
- Earnings include an other income of Rs.67.9 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
723 | 634 | 513 | 344 | 377 | 363 | 362 | 378 | 401 | 368 | 126 | 157 | 125 | |
674 | 596 | 491 | 351 | 370 | 364 | 351 | 371 | 369 | 344 | 153 | 200 | 159 | |
Operating Profit | 49 | 38 | 22 | -7 | 7 | -0 | 11 | 6 | 32 | 24 | -27 | -42 | -34 |
OPM % | 7% | 6% | 4% | -2% | 2% | -0% | 3% | 2% | 8% | 7% | -21% | -27% | -28% |
157 | 67 | 63 | -48 | 43 | 45 | 39 | 63 | 1,529 | 71 | 168 | 36 | 68 | |
Interest | 23 | 18 | 19 | 14 | 21 | 24 | 20 | 20 | 14 | 4 | 1 | 1 | 1 |
Depreciation | 68 | 78 | 68 | 43 | 28 | 24 | 24 | 23 | 35 | 27 | 10 | 11 | 11 |
Profit before tax | 114 | 8 | -2 | -113 | 1 | -3 | 6 | 27 | 1,512 | 65 | 130 | -18 | 21 |
Tax % | 16% | 86% | -312% | -3% | 85% | -20% | 9% | 4% | 10% | 17% | -10% | 6% | |
96 | 1 | -8 | -116 | 0 | -4 | 5 | 26 | 1,368 | 54 | 142 | -17 | 15 | |
EPS in Rs | 5.83 | 0.07 | -0.47 | -7.03 | 0.01 | -0.21 | 0.31 | 1.52 | 96.70 | 3.77 | 10.63 | -1.27 | 1.12 |
Dividend Payout % | 27% | 2,277% | -340% | 0% | 0% | 0% | 0% | 328% | 10% | 66% | 28% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -13% |
5 Years: | -15% |
3 Years: | -27% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -67% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 32% |
3 Years: | 37% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | -3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 28 | 28 | 27 | 27 | 27 |
Reserves | 450 | 419 | 387 | 779 | 779 | 747 | 759 | 776 | 1,504 | 1,537 | 1,335 | 963 | 980 |
114 | 158 | 128 | 125 | 175 | 179 | 172 | 214 | 68 | 17 | 9 | 7 | 5 | |
322 | 303 | 205 | 135 | 147 | 174 | 146 | 147 | 141 | 136 | 157 | 71 | 76 | |
Total Liabilities | 919 | 913 | 752 | 1,071 | 1,133 | 1,134 | 1,111 | 1,170 | 1,742 | 1,719 | 1,528 | 1,068 | 1,088 |
206 | 190 | 149 | 62 | 65 | 166 | 160 | 172 | 207 | 168 | 163 | 147 | 168 | |
CWIP | 17 | 12 | 11 | 4 | 1 | 10 | 9 | 11 | 8 | 2 | 6 | 14 | 1 |
Investments | 204 | 207 | 186 | 742 | 742 | 763 | 728 | 194 | 949 | 997 | 940 | 712 | 723 |
492 | 505 | 406 | 264 | 324 | 195 | 214 | 793 | 577 | 551 | 418 | 194 | 195 | |
Total Assets | 919 | 913 | 752 | 1,071 | 1,133 | 1,134 | 1,111 | 1,170 | 1,742 | 1,719 | 1,528 | 1,068 | 1,088 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
95 | 56 | 4 | 36 | 51 | 31 | 18 | -16 | 28 | 85 | 53 | -29 | |
80 | -19 | 41 | -26 | -75 | -8 | -12 | 26 | 825 | -62 | 313 | 21 | |
-182 | 1 | -80 | -19 | 27 | -13 | -23 | 13 | -854 | -45 | -366 | 4 | |
Net Cash Flow | -6 | 38 | -35 | -9 | 3 | 10 | -17 | 23 | -1 | -22 | -0 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 136 | 147 | 129 | 141 | 117 | 86 | 102 | 104 | 84 | 72 | 258 | 33 |
Inventory Days | 31 | 31 | 33 | 34 | 66 | |||||||
Days Payable | 385 | 419 | 503 | 735 | 987 | |||||||
Cash Conversion Cycle | -218 | -240 | -341 | -560 | -805 | 86 | 102 | 104 | 84 | 72 | 258 | 33 |
Working Capital Days | 5 | 8 | 36 | 16 | 38 | -66 | -46 | 469 | 157 | 64 | 286 | 148 |
ROCE % | 5% | 4% | 3% | -2% | 2% | 2% | 4% | 4% | 5% | 4% | 4% | -3% |
Documents
Announcements
- Compliance Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 12 Apr
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Announcement under Regulation 30 (LODR)-Change in Management
8 Apr - Appointment of CEO of the Company w.e.f. July 01, 2024.
- Submission Of Compliance Certificate Under Regulation 7(3) Of SEBI (LODR), 2015 For The Year Ended 31.03.2024. 8 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
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Announcement under Regulation 30 (LODR)-Change in Directorate
1 Apr - Completion of tenure of Independent Directors of the Company.
Annual reports
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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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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT
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Oct 2018Transcript PPT
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Sep 2018TranscriptNotesPPT
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Oct 2016TranscriptNotesPPT
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Jan 2016TranscriptNotesPPT
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]