NINtec Systems Ltd
Incorporated in 1997, NINtec Systems Ltd provides software development services and solutions
- Market Cap ₹ 1,492 Cr.
- Current Price ₹ 805
- High / Low ₹ 937 / 281
- Stock P/E 50.8
- Book Value ₹ 44.0
- Dividend Yield 0.00 %
- ROCE 50.3 %
- ROE 37.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 85.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 43.3%
- Company's median sales growth is 47.8% of last 10 years
Cons
- Stock is trading at 18.3 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | 4 | 8 | 8 | 9 | 20 | 32 | 65 | 86 | 102 | 104 | |
| 1 | 3 | 3 | 7 | 7 | 7 | 16 | 26 | 47 | 57 | 64 | 62 | |
| Operating Profit | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 6 | 18 | 29 | 38 | 42 |
| OPM % | 15% | 15% | 6% | 9% | 14% | 17% | 17% | 18% | 28% | 34% | 38% | 40% |
| 0 | 0 | 1 | 1 | 1 | 0 | 1 | 2 | 2 | 4 | 2 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 | 2 |
| Profit before tax | 0 | 1 | 1 | 1 | 2 | 2 | 4 | 7 | 19 | 31 | 37 | 39 |
| Tax % | 32% | 31% | 33% | 28% | 23% | 24% | 25% | 25% | 25% | 25% | 25% | |
| 0 | 0 | 1 | 1 | 1 | 1 | 3 | 6 | 14 | 23 | 28 | 29 | |
| EPS in Rs | 0.10 | 0.24 | 0.28 | 0.46 | 0.69 | 0.70 | 1.49 | 2.98 | 7.57 | 12.55 | 14.97 | 15.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 56% |
| 5 Years: | 63% |
| 3 Years: | 47% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 70% |
| 5 Years: | 85% |
| 3 Years: | 72% |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 59% |
| 5 Years: | 139% |
| 3 Years: | 31% |
| 1 Year: | 83% |
| Return on Equity | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 40% |
| 3 Years: | 43% |
| Last Year: | 37% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 19 | 19 | 19 |
| Reserves | 0 | 1 | 1 | 2 | 3 | 4 | 7 | 9 | 15 | 38 | 63 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | |
| 0 | 1 | 1 | 1 | 1 | 2 | 3 | 6 | 10 | 14 | 22 | |
| Total Liabilities | 5 | 8 | 9 | 10 | 11 | 13 | 17 | 26 | 46 | 73 | 105 |
| 0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 4 | 7 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 5 | 5 | 3 | 6 | 8 | 9 | 6 | 18 | 21 | 36 |
| 1 | 3 | 3 | 7 | 5 | 5 | 7 | 18 | 24 | 45 | 63 | |
| Total Assets | 5 | 8 | 9 | 10 | 11 | 13 | 17 | 26 | 46 | 73 | 105 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -2 | -2 | -0 | -0 | -0 | 0 | 1 | 4 | 9 | 22 | 24 | |
| -0 | 0 | 0 | 1 | -0 | 0 | -0 | 3 | -15 | -6 | -13 | |
| 5 | 2 | -0 | 0 | 0 | 0 | 0 | 0 | 2 | -0 | -0 | |
| Net Cash Flow | 2 | -0 | -0 | 0 | -0 | 1 | 1 | 7 | -3 | 16 | 10 |
| Free Cash Flow | -3 | -2 | -1 | -0 | -1 | 0 | 1 | 3 | 6 | 17 | 23 |
| CFO/OP | -1,361% | -455% | -30% | -22% | 20% | 39% | 52% | 86% | 78% | 102% | 89% |
Ratios
Standalone / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 193 | 4 | 5 | 169 | 61 | 20 | 21 | 41 | 49 | 45 | 54 |
| Inventory Days | 0 | 0 | |||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | 193 | 4 | 5 | 169 | 61 | 20 | 21 | 41 | 49 | 45 | 54 |
| Working Capital Days | 135 | -18 | -11 | 138 | 53 | 4 | -5 | 11 | 33 | 30 | 32 |
| ROCE % | 9% | 5% | 9% | 15% | 14% | 26% | 41% | 64% | 64% | 50% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share (Software Export + SEZ Sales as % of Revenue from Operations) % |
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| Total Permanent Employees employees |
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| Number of Wholly Owned Subsidiaries count |
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| Subsidiary (Nintec Systems B.V., Netherlands) Revenue Share % of consolidated revenue |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- RTA confirms Regulation 74(5) non-applicability for quarter ended 30 September 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- NINtec Systems featured among Leading SMEs by D&B and assigned SMERA SME-1 rating.
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Announcement Under Regulation 30
- NINtec Systems Limited is certified in the Claude Partner Network.
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Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
- NINtec Systems featured among Dun & Bradstreet’s Leading SMEs of India in Business Enterprises of Tomorrow 2026.
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Announcement Under Regulation 30 - SME Rating
- NINtec Systems receives SMERA SME 1 rating, indicating highest creditworthiness among SMEs.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Concalls
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Jun 2024Transcript REC
Business Overview:[1]
Company provides software services and solutions, including offshore software product development, application development and maintenance, software migration, multimedia and web design, digitization of engineering drawings, and search engine optimization services. It is part of the Gateway Group.[2]