NIIT Learning Systems Ltd
NIIT Learning Systems Limited offers Managed Training Services to companies across 30 countries. The NLSL has comprehensive suite of Managed Training Services includes Custom Content and Curriculum Design, Learning Delivery, Learning Administration, Strategic Sourcing, Learning Technology, and L&D consulting services. The company also offers specialized solutions including immersive learning, customer education, talent pipeline as a service, DE&I training, digital and IT training
as well as leadership and professional
development services.[1]
- Market Cap ₹ 6,183 Cr.
- Current Price ₹ 457
- High / Low ₹ 577 / 342
- Stock P/E 56.5
- Book Value ₹ 39.3
- Dividend Yield 0.56 %
- ROCE 23.9 %
- ROE 24.0 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 11.8 times its book value
- Promoter holding is low: 34.6%
- Tax rate seems low
- Earnings include an other income of Rs.89.4 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: IT - Software Industry: Computers - Education
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 141 | 106 | 35 | 25 | 13 | 329 | 404 | 397 | |
| 142 | 98 | 39 | 36 | 24 | 290 | 348 | 350 | |
| Operating Profit | -1 | 8 | -4 | -11 | -11 | 38 | 56 | 47 |
| OPM % | -1% | 8% | -11% | -46% | -83% | 12% | 14% | 12% |
| 4 | 1 | 4 | -7 | -3 | 39 | 52 | 89 | |
| Interest | 1 | 3 | 3 | 3 | 2 | 0 | 0 | 1 |
| Depreciation | 50 | 8 | 3 | 4 | 1 | 11 | 9 | 16 |
| Profit before tax | -48 | -2 | -6 | -25 | -16 | 66 | 98 | 119 |
| Tax % | 6% | -0% | -0% | -8% | -0% | 12% | -1% | |
| -45 | -2 | -6 | -27 | -16 | 58 | 99 | 106 | |
| EPS in Rs | ||||||||
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 154% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 94% |
| TTM: | 72% |
| Stock Price CAGR | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
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| 5 Years: | % |
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| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 19 | 69 | 69 | 116 | 116 | 27 | 27 |
| Reserves | -40 | -59 | -71 | -97 | -113 | 261 | 465 | 504 |
| 95 | 121 | 25 | 30 | 0 | 1 | 0 | 16 | |
| 61 | 46 | 27 | 28 | 15 | 105 | 110 | 98 | |
| Total Liabilities | 118 | 126 | 50 | 30 | 18 | 482 | 602 | 645 |
| 21 | 14 | 6 | 2 | 0 | 14 | 35 | 77 | |
| CWIP | -0 | -0 | 2 | 1 | -0 | 2 | 12 | -0 |
| Investments | -0 | -0 | 1 | -0 | 5 | 193 | 377 | 353 |
| 97 | 113 | 40 | 27 | 13 | 272 | 179 | 216 | |
| Total Assets | 118 | 126 | 50 | 30 | 18 | 482 | 602 | 645 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| -1 | -2 | -10 | 51 | 65 | |||
| -2 | 0 | -5 | -52 | -64 | |||
| -3 | 2 | 14 | -1 | -0 | |||
| Net Cash Flow | -6 | -0 | -0 | -2 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 97 | 255 | 268 | 217 | 166 | 79 | 95 |
| Inventory Days | 28 | 54 | 210 | 255 | 376 | ||
| Days Payable | 784 | 853 | 991 | 1,211 | 2,374 | ||
| Cash Conversion Cycle | -659 | -544 | -513 | -739 | -1,832 | 79 | 95 |
| Working Capital Days | 15 | 168 | 56 | -109 | -179 | 79 | 42 |
| ROCE % | 1% | -109% | -406% | 36% | 24% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 May - Investors call on Audited Financial Results for the quarter and financial year ended March 31, 2024.
- Board Meeting Intimation for Intimation About Board Meeting To Be Held On May 22, 2024 14 May
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 11 May
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
25 Apr - For allotment of equity shares under NIIT Learning Systems Limited Employee Stock Option Plan 2023-0.
Annual reports
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
Business[1]
NIIT Learning Systems offers Managed Training Services to Fortune 1000 and Global 500 corporations across North America and Europe. It is armed with necessary capital to take advantage of opportunities opening up, particularly in the Learning Outsourcing market.