NIIT Technologies Ltd.

SECTOR: IT - Software

1444.7
₹ 0.8 (0.06%)
Today's High: 1458.3 Today's Low : 1432.25
52 Week High: 2057.00 52 Week Low : 739.05
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.

 Company Essentials

Market Cap

9028.58893873 Cr.

P/E

21.37

P/B

4.57

Face Value

₹10

Div. Yield

2.14%

Book Value (TTM)

316.0426

Enterprise Value

8902.08893873 Cr.

CASH

139.4 Cr.

DEBT

12.9 Cr.

Promoter Holding

70.1%

EPS (TTM)

67.6059

Sales Growth

21.47 %

ROE

19.04 %

ROCE

23.40 %

Profit Growth

32.18 %

No. of Shares

6.2494559 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Sales Growth

1 Year21.47%
3 Year10.44%
5 Year8.85%

 Profit Growth

1 Year32.18%
3 Year15.97%
5 Year7.49%

 ROE

1 Year19.04%
3 Year16.09%
5 Year16.13%

 ROCE

1 Year23.4%
3 Year19.53%
5 Year19.15%

 Debt Equity

0.01

 Price to Cash Flow

46.02

  Interest Cover Ratio

69.59

 CFO/PAT (5 Yr Avg.)

1.35023012434737

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 70.1 0
Dec 2019 70.11 0
Sep 2019 70.04 0
Jun 2019 33.91 0
Mar 2019 30.5 0
* Figures given above are % of equity capital

 Strengths

  • The Company is Virtually Debt Free.
  • PEG ratio is 0.677534454380988%.
  • Company has sound operating leverage of 4.29257952543017 times.

 Limitations

 Looks like the company does not have any serious limitations.

 Quarterly Result (All Figures are in Crores.)

Particulars Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
Net Sales 547.8 538.2 544.1 590.6 558.1
Other Income 10.5 101.5 18.3 81.6 83.2
Total Expenditure 452.1 486.5 462.2 490.2 491.4
Operating Profit 106.2 153.2 100.2 182 149.9
Interest 1.5 1.7 2.1 1.6 2.4
Depreciation 18.7 22.5 22.1 23.2 22.4
Exceptional Items 0 0 0 0 0
Profit Before Tax 86 129 76 157.2 125.1
Tax 22.6 17.4 17.6 22.1 7.7
Profit After Tax 63.4 111.6 58.4 135.1 117.4

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Operating Income 1346.09 1484.2 1595.1 1645.9 1999.2
Other Income 22.42 44.7 33.8 115.7 154.2
Total Expenditure 1115.96 1218.7 1315.5 1396 1699.5
Operating Profit 252.55 310.2 313.4 365.6 453.9
Interest 4.65 6.8 3.6 7 5.4
Depreciation 66.52 81.5 90.9 82.5 78.1
Exceptional Items -13.48 -0.6 -22.1 0 0
Profit Before Tax 167.9 221.3 196.8 276.1 370.4
Tax 20.31 29.6 31.9 49.9 71.4
Net Profit 147.59 191.7 164.9 226.2 299
Adjusted EPS 24 31 27 37 48

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 61.05 61.2 61.4 61.5 61.8
Total Reserves 958.8 1161.9 1278 1412.4 1642.1
Borrowings 4.62 6 21 17.4 9.7
Other N/C liabilities 16.9 36.2 -2.7 -19.7 -34.5
Current liabilities 646.3 508.6 524.9 608 684.7
Total Liabilities 1687.67 1773.9 1882.6 2079.6 2363.8
Assets
Net Block 375.77 523.9 494.1 464 426.5
Capital WIP 116 0.7 0 0.7 1.4
Investments 210.75 345.8 345.8 445.5 580.8
Loans & Advances 49.54 7.9 12.8 11.7 11.2
Other N/C Assets 9.94 31 19.1 20.9 14.1
Current Assets 925.67 864.6 1010.8 1136.8 1329.8
Total Assets 1687.67 1773.9 1882.6 2079.6 2363.8
* Other Non-current Liabilities include Net deferred Liabilities

 Cash Flows (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Profit Before Tax 181.38 221.9 218.9 276.1 370.4
Adjustment 117.56 81.1 77.2 -5.1 -51.3
Working Capital Changes 37.8 159.2 22.9 -8.8 -85.2
Tax Paid -94.75 -58.1 -79.4 -59.9 -37.7
Operating Cash Flow 241.99 404.1 239.6 202.3 196.2
Investing Cash Flow -187.3 -262.6 -221.7 -118.8 -46.5
Financing Cash Flow -61.09 -80.8 -64.8 -74.9 -103.3
Net Cash Flow -6.4 60.7 -46.9 8.6 46.4

 Corporate Actions

 Ratings & Research Reports

 Company Presentations

 NIIT Tech Stock Price Analysis and Quick Research Report

Is NIIT Tech an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). NIIT Tech has a PE ratio of 27.3873080635527 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. NIIT Tech has ROA of 13.458162668227 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. NIIT Tech has a Current ratio of 1.94216445158464 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. NIIT Tech has a ROE of 19.0403413251823 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. NIIT Tech has a D/E ratio of 0.00765169938905036 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. NIIT Tech has an Inventory turnover ratio of 0 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - NIIT Tech has reported revenue growth of 21.47 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of NIIT Tech for the current financial year is 14.9909963985594 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for NIIT Tech is Rs 0 and the yield is 2.1391 %.

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