Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

NIIT Learning Systems Limited

NSE: NIITMTSEducation

Share price

₹200.98

+0.48% close of 9 Oct 2026

Market cap ₹2,814 CrP/E 12.3

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

70

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,814 Cr

P/E ratio

12.3

P/B ratio

1.8

ROCE

20.9%

ROE

15.5%

Dividend yield

1.6%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹437.0052-week low ₹191.08

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 21.7% over the past year, and 11.4% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 21.2% to 18.0% over the last three years.

Whether it grew faster than its sector

It grew 11.4% a year against a sector median of 13.9% — 2.6 percentage points slower.

Room to re-rate, or risk of de-rating

At 12.3× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 27.3×, across 5 companies. It is against its own five-year median of 25.5×, the 1st percentile of its own range.

Whether growth justifies the valuation

Priced at 12.3 times its growth rate, on earnings growth of 1%.

Profit growthPrice per ₹1 profitPer 1% growth
NIIT Learning Systems Limited — this one1%/yr12.3×₹12.3
Shanti Educational Initiatives Limited20%/yr495.1×₹24.8
NIIT Limited41%/yr79.1×₹1.9
Global Education Limited5%/yr27.3×₹5.5
Aptech Limited-28%/yr19.0×—
Career Point Edutech Limited—13.9×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Education), it ranks 3 of 13 on returns, 6 of 12 on growth, 4 of 12 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 20.9% on capital, ahead of 77% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1244 crore of cash from the business, spent ₹197 crore on plant and equipment, and returned ₹6 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 5 years, about 115 arrived as cash (before interest, which is why it can exceed the profit).

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 9 checks clear · 100%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹2,814 Cr
Prev close
₹200.98
52w High
₹444
52w Low
₹185
Enterprise value
₹2,243 Cr
Beta
0.9
Price CAGR 1y
-38.0%
Price CAGR 3y
-22.0%
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
8.1%
PEG ratio
12.1
P/E ratio
12.3
P/B ratio
1.8
EV / EBITDA
6.1
Industry P/E
23.3
ROCE
20.9%
ROCE 5y average
29.8%
ROE
15.5%
Debt / Equity
0.2
Interest coverage
13.3
Dividend yield
1.6%
ROE 3y average
20.0%
ROE last year
15.0%

Annual P&L

Annual revenue
₹1,952 Cr
Annual profit
₹248 Cr
Operating margin
19.0%
Net profit margin
12.7%
EBITDA margin
19.1%
Sales growth 3y
12.7%
Sales growth 5y
—
Profit growth 3y
1.0%
Profit growth 5y
—
EPS
₹18.0
Sales growth TTM
22.0%
Profit growth TTM
1.0%
Dividend payout
18.0%

Quarter P&L

Sales latest quarter
₹565 Cr
Profit latest quarter
₹57 Cr
YoY quarterly sales growth
25.2%
YoY quarterly profit growth
16.3%
OPM latest quarter
16.4%

Balance Sheet

Book Value
₹110
Face Value
₹2.0
Total debt
₹318 Cr
Total cash
₹395 Cr
Borrowings
₹318 Cr
Reserves / Equity
54.1

Cash Flow

Operating cash flow
₹288 Cr
Free cash flow
₹244 Cr
FCF yield
7.7%
Net cash flow
₹57 Cr

Shareholding

Promoter holding
34.3%
FII holding
14.4%
DII holding
25.4%
Public holding
25.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Shanti Educat.181.70503.52,9250.002.8-2.816.37.510.3
NIIT Learning201.2512.12,7801.6057.48.8565.125.220.9
NIIT82.4980.51,1301.217.560.195.713.72.2
Vinsys IT Serv.581.0028.88570.0021.49.5148.424.121.4
Global Education143.3529.67300.684.40.213.5-6.129.2
Aptech85.3519.14955.267.711.3133.811.115.4
Career Point Edu178.0113.93241.418.012.914.3-0.147.8
Median160.6828.83010.215.96.718.17.714.2

Competes with: Aptech Limited, CL Educate Limited, Career Point Edutech Limited, Compucom Software Limited, DSJ Keep Learning Limited, Global Education Limited, LCC Infotech Limited, NIIT Limited, Shanti Educational Initiatives Limited, Tree House Education & Accessories Limited, Virtual Global Education Limited, Zee Learn Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales382382391398407397419430451476500525565
Expenses297292301301311310327350361383403438472
Material Cost02.12000
Change in Inventories0.000.020.000.020.02
Purchases of Stock-in-Trade1.4402.173.415.23
Employee Cost201209220244247
Other Expenses159172181191220
Operating Profit85909097968892809093968893
OPM %22242324242222192019191716
Other Income737106961272213315
Exceptional items (within Other Income)-6.28-6.031129-1.12
Interest89610770667469
Depreciation15171413141516171818192121
Profit before tax68677884817581697369959478
Tax %19302735262324303232221826
Net Profit55475754605762494947747757
EPS in Rs4.103.484.204.024.424.204.543.583.613.435.425.614.17
Diluted EPS in Rs3.513.355.285.484.10

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,1321,3621,5541,6531,9522,066
Expenses8361,0641,1891,2951,5801,696
Material Cost0
Change in Inventories0.04
Purchases of Stock-in-Trade9.14
Employee Cost873
Other Expenses702
Operating Profit297298365359372370
OPM %262223221918
Other Income11-627346372
Exceptional items (within Other Income)27
Interest41735242726
Depreciation424759627680
Profit before tax262228297306331336
Tax %2316282625
Net Profit202192213228248256
EPS in Rs16171819
Diluted EPS in Rs18
Dividend Payout %00331818

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
—
3 years
13%
TTM
22%

Compounded profit growth

10 years
—
5 years
—
3 years
1%
TTM
1%

Stock price CAGR

10 years
—
5 years
—
3 years
-22%
1 year
-38%

Return on equity

10 years
—
5 years
24%
3 years
20%
Last year
15%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital11627272728
Reserves4307439501,1831,515
Borrowings12129132103318
Other Liabilities3908069198741,187
Minority Interest0
Total Liabilities9471,7052,0292,1863,048
Fixed Assets1195976136291,083
CWIP212261025
Investments99283378425531
Other Assets7268141,0121,1231,408
Total Assets9471,7052,0332,1883,048

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity277153279247288
Cash from Investing Activity-62-250-181-122-362
Cash from Financing Activity-94100-69-73130
Net Cash Flow1213285357
Free Cash Flow258113232200244

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days4558535671
Cash Conversion Cycle4558535671
Working Capital Days-17-34-25-8-19
ROCE %36342821

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters353535353534343434343434
FIIs191818181818181717171714
DIIs161618171922222224242425
Government0.010.010.010.010.010.010.010.010.010.010.010.01
Public303129302926262625242526
No. of Shareholders84,54683,59276,26075,93673,30872,05071,43472,81971,58169,62568,59570,268

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -39.0% (₹329.30 → ₹200.98)Brick size ₹8.75 (fixed)Bricks 65
₹300₹400₹201Dec '25Feb '26Apr '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹200.98 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-570inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

78,42,507inr

2026-03-31

News

News and filings about NIIT Learning Systems Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Education
Classification
Consumer Services › Education
ISIN
INE342G01023

News impact

Big market events that reach NIIT Learning Systems Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

20 Aug 2026unspecified₹3.25
4 Sep 2025unspecified₹3
5 Sep 2024unspecified₹2.75
10 Nov 2023interim₹2.5

Splits, bonuses & buybacks

  • daily-prices repair: 5 rows from NSE's archive (replace 0, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
18 Sep 2026Bimal K Jain · Designated PersonSELL4,0000.09
18 Sep 2026Prakash Ramachandran · Designated PersonSELL3,5300.08
18 Sep 2026Bimal K Jain · Designated PersonSELL3,0400.07
18 Sep 2026Bimal K Jain · Designated PersonSELL2,0000.05
18 Sep 2026Bimal K Jain · Designated PersonSELL1,7000.04
18 Sep 2026Prakash Ramachandran · Designated PersonSELL9570.02
9 Sep 2026Prakash Ramachandran · Designated PersonSELL5,7090.13
9 Sep 2026Prakash Ramachandran · Designated PersonBUY6,6680.03
17 Aug 2026Sailesh Kumar Lalla · Designated PersonBUY1,05,0000.57
17 Aug 2026Devenderjit Singh Chadha · Designated PersonBUY25,0000.14

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.