Network People Services Technologies Ltd
Incorporated in 2013, Network People
Services Technologies Ltd is a fintech
firm which specializes in UPI payments
and digital banking, and operates as
both a TSP and a PPaaS[1]
- Market Cap ₹ 3,537 Cr.
- Current Price ₹ 1,695
- High / Low ₹ 2,388 / 847
- Stock P/E 86.6
- Book Value ₹ 211
- Dividend Yield 0.12 %
- ROCE 19.7 %
- ROE 15.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 107% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.5%
Cons
- Stock is trading at 8.03 times its book value
- Company has high debtors of 195 days.
- Promoter holding has decreased over last 3 years: -7.03%
- Working capital days have increased from 31.3 days to 140 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 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 18 | 18 | 15 | 15 | 19 | 41 | 128 | 173 | 195 | |
| 15 | 15 | 13 | 12 | 16 | 29 | 85 | 113 | 144 | |
| Operating Profit | 2 | 3 | 2 | 3 | 3 | 12 | 43 | 60 | 51 |
| OPM % | 14% | 17% | 15% | 19% | 18% | 30% | 34% | 35% | 26% |
| 0 | 0 | 0 | 0 | 0 | 0 | 3 | 7 | 14 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 4 | 10 | 7 | 9 |
| Profit before tax | 2 | 2 | 1 | 1 | 2 | 9 | 36 | 60 | 55 |
| Tax % | 28% | 28% | 27% | 25% | 24% | 25% | 24% | 25% | 26% |
| 1 | 1 | 1 | 1 | 2 | 7 | 27 | 45 | 41 | |
| EPS in Rs | 4.17 | 4.50 | 3.47 | 0.80 | 0.77 | 3.36 | 13.87 | 23.31 | 19.58 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 66% |
| 3 Years: | 68% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 107% |
| 3 Years: | 84% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 85% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 29% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 4 | 6 | 6 | 19 | 19 | 21 |
| Reserves | 2 | 4 | 5 | 2 | 16 | 22 | 38 | 84 | 420 |
| 0 | 0 | 0 | 0 | 0 | 0 | 3 | 10 | 14 | |
| 5 | 4 | 4 | 9 | 8 | 10 | 19 | 33 | 54 | |
| Total Liabilities | 8 | 9 | 10 | 17 | 30 | 39 | 80 | 146 | 508 |
| 2 | 1 | 3 | 3 | 4 | 9 | 9 | 13 | 55 | |
| CWIP | 1 | 2 | 3 | 4 | 6 | 4 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 6 | 5 | 4 | 10 | 20 | 26 | 70 | 132 | 452 | |
| Total Assets | 8 | 9 | 10 | 17 | 30 | 39 | 80 | 146 | 508 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 2 | 1 | 3 | 2 | -7 | 24 | 51 | 29 | -45 | |
| -3 | -2 | -3 | -3 | -5 | -6 | -33 | 8 | -42 | |
| -0 | -0 | -0 | 0 | 13 | 0 | -0 | 7 | 296 | |
| Net Cash Flow | -1 | -1 | 0 | 0 | 1 | 18 | 18 | 44 | 208 |
| Free Cash Flow | -1 | -1 | 0 | -0 | -13 | 18 | 48 | 18 | -93 |
| CFO/OP | 115% | 56% | 155% | 94% | -199% | 216% | 139% | 74% | -66% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 51 | 52 | 175 | 95 | 8 | 3 | 67 | 195 |
| Inventory Days | 4 | ||||||||
| Days Payable | 153 | ||||||||
| Cash Conversion Cycle | 57 | 51 | 52 | 175 | 95 | 8 | 3 | 67 | 46 |
| Working Capital Days | -11 | 17 | -6 | -4 | 196 | -31 | -43 | -3 | 140 |
| ROCE % | 48% | 28% | 23% | 14% | 35% | 80% | 69% | 20% |
Insights
In beta| Dec 2022 | Dec 2023 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Daily UPI TSP Transaction Volume Million transactions per day |
|
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| Employee Headcount Count |
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| Merchants on Qynx Platform Lakh merchants |
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| Number of Bank Clients (TSP) Banks |
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| Annual Transaction Volume Billion transactions per year |
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| Sub-merchants on Evok TPAP Count |
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Extracted by Screener AI
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
2d - Shareholders approved Mr. Vijay Kumar Singh’s appointment as independent director via postal ballot on June 28, 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 2d
- Closure of Trading Window 2d
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
22 Jun - NPST to hold virtual Valorem CXO Meet with investors/analysts on 29 June 2026, 4:00 PM IST.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
22 Jun - Received Maharatna PSU order to develop and implement UPI TPAP app on SaaS model.
Annual reports
Concalls
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Jun 2026Transcript PPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Oct 2024Transcript PPT REC
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Oct 2024TranscriptAI SummaryPPT
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Jul 2024Transcript PPT REC
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Apr 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT
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Oct 2023Transcript PPT
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Jul 2023Transcript PPT
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Jul 2023Transcript PPT
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May 2023TranscriptPPT
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May 2023Transcript PPT
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May 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptAI SummaryPPT
Business Overview:[1][2]
NPST provides software and digital payment solutions to the Banking and Fintech segment, primarily focusing on Transaction Processing, Payment Platforms, RegTech, Digital Engagement solutions. Its software products and solutions helps modernizing payments infrastructure for banks, payment aggregators, and merchants, and ensure smooth flow of payments.