NINtec Systems Ltd
Incorporated in 1997, NINtec Systems Ltd provides software development services and solutions
- Market Cap ₹ 861 Cr.
- Current Price ₹ 464
- High / Low ₹ 691 / 411
- Stock P/E 37.0
- Book Value ₹ 30.6
- Dividend Yield 0.00 %
- ROCE 66.2 %
- ROE 51.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 85.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 47.3%
Cons
- Stock is trading at 15.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 53.5 days to 117 days
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
1 | 3 | 4 | 8 | 8 | 9 | 20 | 32 | 65 | 86 | |
1 | 3 | 3 | 7 | 7 | 7 | 16 | 26 | 47 | 57 | |
Operating Profit | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 6 | 18 | 29 |
OPM % | 15% | 15% | 6% | 9% | 14% | 17% | 17% | 18% | 28% | 34% |
0 | 0 | 1 | 1 | 1 | 0 | 1 | 2 | 2 | 4 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 |
Profit before tax | 0 | 1 | 1 | 1 | 2 | 2 | 4 | 7 | 19 | 31 |
Tax % | 32% | 31% | 33% | 28% | 23% | 24% | 25% | 25% | 25% | 25% |
0 | 0 | 1 | 1 | 1 | 1 | 3 | 6 | 14 | 23 | |
EPS in Rs | 0.10 | 0.24 | 0.28 | 0.46 | 0.69 | 0.70 | 1.49 | 2.98 | 7.57 | 12.55 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 62% |
3 Years: | 63% |
TTM: | 33% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 86% |
3 Years: | 111% |
TTM: | 74% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 171% |
3 Years: | 191% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 41% |
3 Years: | 47% |
Last Year: | 52% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 19 | 19 |
Reserves | 0 | 1 | 1 | 2 | 3 | 4 | 7 | 9 | 15 | 38 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | |
0 | 1 | 1 | 1 | 1 | 2 | 3 | 6 | 10 | 14 | |
Total Liabilities | 5 | 8 | 9 | 10 | 11 | 13 | 17 | 26 | 46 | 73 |
0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 4 | 7 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 4 | 5 | 5 | 3 | 6 | 8 | 9 | 6 | 18 | 20 |
1 | 3 | 3 | 7 | 5 | 5 | 7 | 18 | 24 | 45 | |
Total Assets | 5 | 8 | 9 | 10 | 11 | 13 | 17 | 26 | 46 | 73 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
-2 | -2 | -0 | -0 | -0 | 0 | 1 | 4 | 9 | 22 | |
-0 | 0 | 0 | 1 | -0 | 0 | -0 | 3 | -15 | -6 | |
5 | 2 | -0 | 0 | 0 | 0 | 0 | 0 | 2 | -0 | |
Net Cash Flow | 2 | -0 | -0 | 0 | -0 | 1 | 1 | 7 | -3 | 16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 193 | 4 | 5 | 169 | 61 | 20 | 21 | 41 | 49 | 45 |
Inventory Days | 0 | 0 | ||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 193 | 4 | 5 | 169 | 61 | 20 | 21 | 41 | 49 | 45 |
Working Capital Days | 135 | -18 | -11 | 138 | 53 | 4 | -5 | 11 | 33 | 117 |
ROCE % | 9% | 5% | 9% | 15% | 14% | 26% | 41% | 64% | 66% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for FY 2024-25 confirming regulatory compliance with minor delays.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Announcement under Reg. 30 of SEBI (LODR) - Newspaper Publication
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Announcement Under Regulation 30 Of SEBI (LODR) - Change In Designation
28 May - Approved FY25 audited results; new non-exec chairman; appointed internal and secretarial auditors.
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Announcement Under Regulation 30 Of SEBI (LODR) - Appointment Of Internal Auditor
28 May - Approved audited FY25 results showing strong growth; chairman designation changed; new internal and secretarial auditors appointed.
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Announcement Under Regulation 30 Of SEBI (LODR) - Appointment Of Secretarial Auditor
28 May - Approved FY25 audited results with strong growth; chairman designation changed; new internal and secretarial auditors appointed.
Annual reports
Concalls
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Jun 2024TranscriptPPTREC
Business Overview:[1]
Company is a global offshore Software Development Services & Solutions company and information technology service provider. It serves 30 of Fortune 500 Companies and 100 SMEs across 18 industry verticals. Company is listed as an SME