NINtec Systems Ltd
Incorporated in 1997, NINtec Systems Ltd provides software development services and solutions
- Market Cap ₹ 1,640 Cr.
- Current Price ₹ 883
- High / Low ₹ 935 / 281
- Stock P/E 51.2
- Book Value ₹ 49.3
- Dividend Yield 0.00 %
- ROCE 55.0 %
- ROE 41.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.1%
Cons
- Stock is trading at 17.9 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 54.1 days to 108 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 83 | 140 | 170 | |
| 63 | 107 | 126 | |
| Operating Profit | 20 | 33 | 44 |
| OPM % | 24% | 24% | 26% |
| 2 | 4 | 2 | |
| Interest | 0 | 0 | 0 |
| Depreciation | 1 | 2 | 3 |
| Profit before tax | 20 | 35 | 43 |
| Tax % | 24% | 25% | 25% |
| 16 | 26 | 32 | |
| EPS in Rs | 8.35 | 14.17 | 17.23 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 67% |
| 5 Years: | 144% |
| 3 Years: | 38% |
| 1 Year: | 97% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| Last Year: | 42% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 19 | 19 | 19 |
| Reserves | 16 | 43 | 73 |
| 2 | 2 | 2 | |
| 23 | 50 | 51 | |
| Total Liabilities | 60 | 113 | 144 |
| 4 | 7 | 5 | |
| CWIP | 0 | 0 | 0 |
| Investments | 18 | 20 | 36 |
| 38 | 86 | 103 | |
| Total Assets | 60 | 113 | 144 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 10 | 24 | 26 | |
| -14 | -6 | -13 | |
| 2 | -0 | -0 | |
| Net Cash Flow | -2 | 17 | 13 |
| Free Cash Flow | 7 | 18 | 26 |
| CFO/OP | 74% | 96% | 86% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 99 | 128 | 105 |
| Inventory Days | 0 | 0 | 0 |
| Days Payable | |||
| Cash Conversion Cycle | 99 | 128 | 105 |
| Working Capital Days | 29 | 25 | 108 |
| ROCE % | 67% | 55% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share (Software Export + SEZ Sales as % of Revenue from Operations) % ・Standalone data |
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| Total Permanent Employees employees ・Standalone data |
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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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General Update - Disclosure Under Reg. 29(2) Of SEBI (SAST) Regulations
1 Jul - Promoter group bought 6,500 shares on 29-30 June 2026; holding rose to 18.44%.
-
General Update - Disclosure Under Regulation 7(2) Of SEBI (PIT) Regulations
1 Jul - Promoter-Managing Director Niraj Gemawat bought 6,500 shares on 29-30 June 2026 via NSE/BSE.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1 Jul
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 27 Jun
- Closure of Trading Window 26 Jun
Annual reports
Concalls
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Jun 2024TranscriptPPTREC
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]