NIIT Technologies Ltd

NIIT Technologies delivers services around the world directly and through its network of subsidiaries and overseas branches. The Company is rendering Information Technology solutions and is engaged in Application Development and Maintenance, Managed Services, Cloud Computing and Business Process Outsourcing to organizations in a number of sectors viz. Financial Services, Insurance, Travel, Transportation and Logistics, Manufacturing and Distribution and Government.

  • Market Cap: 9,034 Cr.
  • Current Price: 1,445
  • 52 weeks High / Low 2059.50 / 735.35
  • Book Value: 383.47
  • Stock P/E: 20.08
  • Dividend Yield: 2.14 %
  • ROCE: 29.83 %
  • ROE: 21.26 %
  • Sales Growth (3Yrs): 11.00 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Edit ratios
Pros:
Company has reduced debt.
Company is virtually debt free.
Company has been maintaining a healthy dividend payout of 21.20%
Cons:
The company has delivered a poor growth of 9.79% over past five years.

Peer comparison Sector: IT - Software // Industry: Computers - Software - Medium / Small

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Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
709 737 756 789 825 907 972 972 963 1,038 1,073 1,109
600 615 631 644 693 743 790 801 824 847 879 911
Operating Profit 109 122 125 145 132 164 181 172 138 192 195 198
OPM % 15% 17% 17% 18% 16% 18% 19% 18% 14% 18% 18% 18%
Other Income 9 8 7 15 22 23 2 2 26 10 15 9
Interest 2 2 2 3 2 2 2 3 3 4 3 5
Depreciation 32 34 31 30 31 32 31 30 40 45 45 43
Profit before tax 85 94 99 126 120 153 150 140 122 153 162 159
Tax % 35% 22% 16% 23% 25% 24% 30% 21% 26% 18% 21% 22%
Net Profit 51 67 76 97 86 112 100 106 88 120 123 114
EPS in Rs 8.35 10.94 12.31 14.02 13.96 18.17 16.27 17.07 14.18 19.25 19.75 18.18
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
942 980 914 1,232 1,576 2,021 2,305 2,372 2,688 2,802 2,991 3,676 4,184
764 812 742 994 1,306 1,689 1,951 2,043 2,216 2,322 2,490 3,026 3,461
Operating Profit 177 168 171 238 270 333 354 330 472 480 501 650 723
OPM % 19% 17% 19% 19% 17% 16% 15% 14% 18% 17% 17% 18% 17%
Other Income 19 18 8 14 30 23 30 -57 22 4 39 46 61
Interest 6 4 2 2 4 5 4 6 8 6 9 9 16
Depreciation 39 42 36 31 36 57 62 92 121 128 127 125 173
Profit before tax 151 139 142 218 260 293 318 176 365 351 404 562 595
Tax % 9% 16% 10% 15% 24% 26% 25% 31% 21% 22% 24% 25%
Net Profit 135 115 126 182 197 213 231 114 270 250 280 403 444
EPS in Rs 21.94 18.45 20.30 29.54 31.78 33.95 36.44 16.75 42.19 40.73 45.56 65.26 71.36
Dividend Payout % 28% 33% 33% 24% 24% 24% 24% 51% 23% 31% 33% 0%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:14.14%
5 Years:9.79%
3 Years:11.00%
TTM:13.81%
Compounded Profit Growth
10 Years:14.33%
5 Years:12.46%
3 Years:14.94%
TTM:10.33%
Stock Price CAGR
10 Years:23.76%
5 Years:29.55%
3 Years:38.11%
1 Year:10.15%
Return on Equity
10 Years:18.83%
5 Years:17.00%
3 Years:18.05%
Last Year:21.26%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
59 59 59 59 60 60 61 61 61 61 62 62 62
Reserves 382 329 521 693 850 1,034 1,263 1,296 1,511 1,625 1,712 2,010 2,334
Borrowings 65 35 22 12 52 10 9 9 10 25 22 14 5
235 397 223 250 365 435 468 611 702 695 828 748 1,038
Total Liabilities 740 820 824 1,014 1,326 1,539 1,801 1,977 2,285 2,407 2,624 2,834 3,440
186 211 185 189 423 438 453 558 903 848 879 819 1,079
CWIP 52 105 129 137 0 28 129 120 17 0 1 1 0
Investments 131 0 47 44 55 82 55 55 75 316 365 365 14
372 504 464 643 848 991 1,164 1,243 1,291 1,244 1,379 1,649 2,346
Total Assets 740 820 824 1,014 1,326 1,539 1,801 1,977 2,285 2,407 2,624 2,834 3,440

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
115 165 138 55 164 235 145 258 360 472 382 453
-104 8 -92 -35 -87 -107 -78 -184 -223 -343 -248 -237
-39 -80 -61 -55 -17 -91 -53 -66 -73 -67 -74 -106
Net Cash Flow -28 92 -16 -35 61 37 14 7 64 62 60 109

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 31% 29% 28% 32% 30% 28% 26% 19% 25% 23% 23% 30%
Debtor Days 84 72 74 81 77 82 89 93 80 61 71 58
Inventory Turnover 2,215.32 1,187.81 1,149.32 2,325.00 2,425.34 833.55 493.57 345.34 610.19 9,340.33 9,971.33 24,508.00