Board Change • Feb 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 06
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 08
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Nov 08
Niks Technology Limited to Report Q2, 2026 Results on Nov 14, 2025 Niks Technology Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Board Change • Oct 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Aug 28
Niks Technology Limited, Annual General Meeting, Sep 23, 2025 Niks Technology Limited, Annual General Meeting, Sep 23, 2025, at 10:00 Indian Standard Time. Location: flat no. 501, shiv laxmi plaza, opp. rajendra nagar terminal, old bypass main road, kankarbagh, patna - 800020, bihar, patna India Board Change • Jul 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • May 14
Niks Technology Limited to Report Second Half, 2025 Results on May 24, 2025 Niks Technology Limited announced that they will report second half, 2025 results on May 24, 2025 Annuncio • Nov 02
Niks Technology Limited to Report Q2, 2025 Results on Nov 12, 2024 Niks Technology Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Board Change • Sep 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 01
Full year 2024 earnings released: EPS: ₹11.67 (vs ₹7.13 in FY 2023) Full year 2024 results: EPS: ₹11.67 (up from ₹7.13 in FY 2023). Revenue: ₹61.1m (up 194% from FY 2023). Net income: ₹4.45m (up 72% from FY 2023). Profit margin: 7.3% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 28
Niks Technology Limited, Annual General Meeting, Sep 23, 2024 Niks Technology Limited, Annual General Meeting, Sep 23, 2024, at 10:00 Indian Standard Time. Location: flat no. 501, shiv laxmi plaza, opp. rajendra nagar terminal, old bypass main road, kankarbagh, patna - 800020, bihar, patna India Annuncio • Aug 26
Niks Technology Limited to Report Fiscal Year 2024 Results on Aug 26, 2024 Niks Technology Limited announced that they will report fiscal year 2024 results on Aug 26, 2024 Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹545, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 74% over the past three years. Annuncio • Jul 12
Niks Technology Limited Announces Company Secretary & Compliance Officer Changes Niks Technology Limited informed that the Meeting of the Board of directors held on 12th July 2024, considered Resignation of Ms. Ayushi Khaitan from the position of the Company Secretary & Compliance Officer of the Company with effect from 12th July, 2024 due to pre-occupancy in other assignments; and Appointment of Ms. Megha Vyas as Company Secretary & Compliance Officer of the Company with effect from 12th July, 2024. Megha Vyas is an associate member of the Institute of Company Secretaries of India. She has knowledge and experience in corporate legal, secretarial services as well as in finance. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹429, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 35x in the IT industry in India. Total returns to shareholders of 23% over the past three years. New Risk • May 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m (₹33m revenue, or US$395k). Market cap is less than US$10m (₹246.6m market cap, or US$2.96m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Shareholders have been diluted in the past year (17% increase in shares outstanding). Board Change • May 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
First half 2024 earnings released: EPS: ₹9.01 (vs ₹1.25 in 1H 2023) First half 2024 results: EPS: ₹9.01 (up from ₹1.25 in 1H 2023). Revenue: ₹18.8m (up 181% from 1H 2023). Net income: ₹3.27m (up ₹2.82m from 1H 2023). Profit margin: 17% (up from 6.8% in 1H 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹484, the stock trades at a trailing P/E ratio of 74.8x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 155% over the past year. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹368, the stock trades at a trailing P/E ratio of 56.9x. Average trailing P/E is 38x in the IT industry in India. Board Change • Sep 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 26
Full year 2023 earnings released: EPS: ₹7.13 (vs ₹0.041 in FY 2022) Full year 2023 results: EPS: ₹7.13 (up from ₹0.041 in FY 2022). Revenue: ₹20.8m (up 190% from FY 2022). Net income: ₹2.59m (up ₹2.57m from FY 2022). Profit margin: 13% (up from 0.2% in FY 2022). The increase in margin was driven by higher revenue. Annuncio • Aug 26
Niks Technology Limited, Annual General Meeting, Sep 22, 2023 Niks Technology Limited, Annual General Meeting, Sep 22, 2023, at 10:00 Indian Standard Time. Location: Flat No. 501, Shiv Laxmi Plaza, Opp. Rajendra Nagar Terminal, Old Bypass Main Road Kankarbagh Patna-800020, Bihar Patna India Agenda: To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 March, 2023, including the Audited Balance Sheet as at 31 March, 2023, the Statement of Profit and Loss, Statement of Cash Flow for the financial year ended on that date and the reports of the Board of Directors ("the Board") and Auditors thereon; To appoint a Director in place of Mr. Keshav Das Sonakiya, who retires by rotation and being eligible, offers himself for re-appointment; and to discuss other matters. Annuncio • Aug 17
Niks Technology Limited announced a financing transaction Niks Technology Limited announced a private placement of common shares and warrants on August 16, 2023. The shares will be issued on preferential basis. The transaction has been approved by the shareholders of the company. Recent Insider Transactions • Jul 26
CFO & Executive Director recently sold ₹150k worth of stock On the 21st of July, Anamika Anand sold around 600 shares on-market at roughly ₹250 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹901k. Anamika has been a net seller over the last 12 months, reducing personal holdings by ₹1.1m. Recent Insider Transactions • Jul 16
CFO & Executive Director recently sold ₹901k worth of stock On the 12th of July, Anamika Anand sold around 4k shares on-market at roughly ₹214 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Anamika's only on-market trade for the last 12 months. Board Change • Jun 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jan 31
Niks Technology Limited Announces Changes in Company Secretary and Compliance Officer Niks Technology Limited announced Resignation of Ms. Ankita Sen from the post of Company Secretary and Compliance Officer of the Company with effect from January 31, 2023. Further, company also informed that by virtue of her resignation as Company Secretary, she also ceases to be the Key Managerial Person and Compliance Officer of the Company. Ms. Ayushi Khaitan Member of the Institute of Company Secretaries of India has been appointed as Company Secretary cum Compliance Officer of the Company with effect from 31st January, 2023. She is an associate member of the Institute of Company Secretaries of India. She has a knowledge and experience in corporate legal & secretarial services. Ms. Ayushi Khaitan is an associate member of the Institute of Company Secretaries of India. She has a knowledge and experience in corporate legal & secretarial services. Board Change • Jan 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman & MD Manish Dixit is the most experienced director on the board, commencing their role in 2014. Independent Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Dec 22
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman & MD Manish Dixit is the most experienced director on the board, commencing their role in 2014. Independent Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Nov 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman & MD Manish Dixit is the most experienced director on the board, commencing their role in 2014. Independent Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • Nov 05
Niks Technology Limited to Report First Half, 2023 Results on Nov 14, 2022 Niks Technology Limited announced that they will report first half, 2023 results on Nov 14, 2022 Board Change • Oct 12
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman & MD Manish Dixit is the most experienced director on the board, commencing their role in 2014. Independent Director Rakesh Singh was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • Sep 23
Niks Technology Limited Announces Board Changes The 8th Annual General Meeting of Niks Technology Limited was held on the 22nd September, 2022 announced Appointment of Mr. Pankaj Kumar as an Independent Director for a term of 5 consecutive years with effect from 11th November, 2021 to 10th November, 2026 and Appointment of Mr. Rakesh Kumar Singh, as an Independent Director for a term of 5 consecutive years with effect from 03 November, 2021 to 02nd November, 2026. Reported Earnings • Aug 30
Full year 2022 earnings released: EPS: ₹0.041 (vs ₹4.53 in FY 2021) Full year 2022 results: EPS: ₹0.041 (down from ₹4.53 in FY 2021). Revenue: ₹7.16m (up 91% from FY 2021). Net income: ₹15.0k (down 99% from FY 2021). Profit margin: 0.2% (down from 44% in FY 2021). The decrease in margin was driven by higher expenses. Annuncio • Aug 26
Niks Technology Limited, Annual General Meeting, Sep 22, 2022 Niks Technology Limited, Annual General Meeting, Sep 22, 2022, at 10:00 Indian Standard Time. Location: Flat No. 501, Shiv Laxmi Plaza, Opp. Rajendra Nagar Terminal, Old Bypass Main Road Patna Bihar India Agenda: To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022, including the Audited Balance Sheet as at 31 March, 2022, the Statement of Profit and Loss, Statement of Cash Flow for the financial year ended on that date and the reports of the Board of Directors and Auditors thereon; to appoint a Director in place of Ms. Anamika Anand, who retires by rotation and being eligible, offers herself for re-appointment; and to consider other matters. Board Change • Aug 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non Executive Director Keshav Sonakiya was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Aug 02
Niks Technology Limited Announces Executive Changes Niks Technology Limited announced Resignation of Ms. Annu Lath having Membership No. A46239 from the post of Company Secretary and Compliance Officer of the Company w.r.f 01 August, 2022. and appointment of Ms. Ankita Sen (Membership No. 55673), Member of the Institute of Company Secretaries of India has as Company Secretary cum Compliance Officer of the Company w.e.f. 1 August, 2022, pursuant to Section 203 of the Companies Act, 2013 and Regulation 6(1) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Board Change • Jun 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non Executive Director Keshav Sonakiya was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 31
Full year 2022 earnings released: EPS: ₹0.04 (vs ₹4.53 in FY 2021) Full year 2022 results: EPS: ₹0.04 (down from ₹4.53 in FY 2021). Revenue: ₹7.16m (up 91% from FY 2021). Net income: ₹15.0k (down 99% from FY 2021). Profit margin: 0.2% (down from 44% in FY 2021). The decrease in margin was driven by higher expenses. Board Change • May 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non Executive Director Keshav Sonakiya was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • May 15
Niks Technology Limited to Report Second Half, 2022 Results on May 26, 2022 Niks Technology Limited announced that they will report second half, 2022 results on May 26, 2022 Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹165, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 32x in the IT industry in India. Board Change • Mar 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non Executive Director Keshav Sonakiya was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Feb 17
Now 22% undervalued Over the last 90 days, the stock is up 6.4%. The fair value is estimated to be ₹275, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 63% over the last year. The company has become profitable over the last 3 years. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorated over the past week After last week's 24% share price decline to ₹190, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 28x in the Software industry in India. Reported Earnings • Sep 10
Full year 2021 earnings released: EPS ₹4.53 (vs ₹4.17 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.76m (up 91% from FY 2020). Net income: ₹1.64m (up 97% from FY 2020). Profit margin: 44% (up from 42% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹250, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 25x in the Software industry in India. Executive Departure • Jun 24
Company Secretary & Compliance Officer Pushpendra Patel has left the company On the 16th of June, Pushpendra Patel's tenure as Company Secretary & Compliance Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Pushpendra's name. Pushpendra is the only executive to leave the company over the last 12 months. Executive Departure • Jun 23
Company Secretary & Compliance Officer Pushpendra Patel has left the company On the 16th of June, Pushpendra Patel's tenure as Company Secretary & Compliance Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Pushpendra's name. Pushpendra is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Jun 21
Full year 2021 earnings released: EPS ₹4.53 (vs ₹4.08 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.76m (up 91% from FY 2020). Net income: ₹1.65m (up 102% from FY 2020). Profit margin: 44% (up from 42% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 16% share price gain to ₹243, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 23x in the Software industry in India. 
