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 ₹ 1,455 Cr.
- Current Price ₹ 108
- High / Low ₹ 155 / 77.1
- Stock P/E 84.6
- Book Value ₹ 74.7
- Dividend Yield 0.46 %
- ROCE -0.51 %
- ROE -0.23 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 121 to 32.7 days.
Cons
- The company has delivered a poor sales growth of -16.7% over past five years.
- Promoter holding is low: 34.7%
- Company has a low return on equity of 7.02% over last 3 years.
- Earnings include an other income of Rs.58.2 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,245 | 953 | 943 | 953 | 1,002 | 845 | 850 | 865 | 889 | 960 | 251 | 341 | 289 | |
1,098 | 909 | 890 | 927 | 929 | 785 | 780 | 796 | 835 | 799 | 248 | 345 | 299 | |
Operating Profit | 147 | 45 | 53 | 26 | 73 | 60 | 71 | 70 | 54 | 161 | 3 | -3 | -10 |
OPM % | 12% | 5% | 6% | 3% | 7% | 7% | 8% | 8% | 6% | 17% | 1% | -1% | -3% |
171 | -8 | 17 | -68 | 7 | 74 | 75 | 100 | 1,408 | 85 | 236 | 34 | 58 | |
Interest | 28 | 18 | 19 | 17 | 24 | 28 | 22 | 23 | 20 | 9 | 1 | 1 | 1 |
Depreciation | 87 | 86 | 78 | 107 | 49 | 46 | 40 | 33 | 60 | 59 | 15 | 16 | 17 |
Profit before tax | 203 | -68 | -26 | -166 | 7 | 61 | 84 | 114 | 1,383 | 177 | 221 | 13 | 30 |
Tax % | 69% | 64% | -35% | -1% | 50% | 30% | 24% | 24% | 4% | 19% | -4% | 36% | |
110 | 27 | 19 | -140 | 70 | 42 | 64 | 87 | 1,327 | 144 | 230 | 8 | 19 | |
EPS in Rs | 6.67 | 1.59 | 1.08 | -8.39 | 4.06 | 2.47 | 3.75 | 5.17 | 93.81 | 10.05 | 16.89 | 0.24 | 1.31 |
Dividend Payout % | 24% | 101% | 149% | 0% | 0% | 0% | 0% | 97% | 11% | 25% | 18% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -10% |
5 Years: | -17% |
3 Years: | -27% |
TTM: | -20% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -49% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 32% |
3 Years: | 38% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 7% |
Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 629 | 635 | 641 | 697 | 772 | 650 | 690 | 800 | 1,492 | 1,612 | 1,488 | 969 | 982 |
109 | 153 | 128 | 155 | 195 | 177 | 178 | 207 | 166 | 58 | 25 | 13 | 10 | |
387 | 388 | 319 | 284 | 337 | 509 | 481 | 425 | 352 | 452 | 566 | 131 | 129 | |
Total Liabilities | 1,158 | 1,208 | 1,121 | 1,168 | 1,337 | 1,370 | 1,382 | 1,465 | 2,039 | 2,151 | 2,107 | 1,140 | 1,148 |
228 | 220 | 185 | 110 | 107 | 194 | 219 | 228 | 357 | 310 | 371 | 245 | 267 | |
CWIP | 18 | 12 | 18 | 4 | 2 | 15 | 28 | 53 | 20 | 5 | 6 | 16 | 1 |
Investments | 195 | 236 | 290 | 526 | 582 | 586 | 604 | 2 | 844 | 859 | 722 | 572 | 574 |
717 | 739 | 628 | 527 | 646 | 575 | 531 | 1,182 | 818 | 978 | 1,008 | 306 | 306 | |
Total Assets | 1,158 | 1,208 | 1,121 | 1,168 | 1,337 | 1,370 | 1,382 | 1,465 | 2,039 | 2,151 | 2,107 | 1,140 | 1,148 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 58 | 62 | 31 | 70 | 111 | 88 | 46 | 51 | 236 | 288 | 4 | |
340 | -52 | -25 | -19 | -67 | -48 | -63 | -54 | 746 | -50 | 229 | -228 | |
-304 | -0 | -76 | -6 | 16 | -43 | -21 | 1 | -809 | -98 | -386 | -34 | |
Net Cash Flow | 66 | 5 | -40 | 5 | 19 | 20 | 4 | -7 | -12 | 88 | 131 | -258 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 105 | 142 | 98 | 72 | 88 | 73 | 71 | 70 | 56 | 55 | 275 | 33 |
Inventory Days | 26 | 29 | 31 | 31 | ||||||||
Days Payable | 438 | 554 | 816 | 980 | ||||||||
Cash Conversion Cycle | -308 | -384 | -686 | -877 | 88 | 73 | 71 | 70 | 56 | 55 | 275 | 33 |
Working Capital Days | 30 | 47 | 35 | 11 | 28 | -30 | -57 | -29 | 24 | -14 | -89 | 42 |
ROCE % | 8% | -4% | -2% | -8% | 3% | 9% | 12% | 14% | 3% | 8% | 0% | -1% |
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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Oct 2016TranscriptNotesPPT
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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]