NIIT Limited

BSE:500304 Stock Report

Market Cap: ₹9.3b

NIIT Dividends and Buybacks

Dividend criteria checks 3/6

NIIT is a dividend paying company with a current yield of 1.47% that is well covered by earnings.

Key information

1.5%

Dividend yield

-0.4%

Buyback Yield

Total Shareholder Yield1.1%
Future Dividend Yield2.2%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio28%

Recent dividend and buyback updates

Recent updates

Narrative Update May 13

500304: Upcoming Results And Dividend Decision Will Support Ongoing Undervalued Case

Analysts have kept NIIT's fair value estimate steady at ₹100, with a slightly lower discount rate and a modestly adjusted future P/E assumption leading to a minor refinement rather than a material shift in the target framework. What's in the News Board meeting scheduled for May 14, 2026 to consider and approve audited financial statements for the year ended March 31, 2026, on both consolidated and standalone bases (company filing).
Narrative Update Apr 26

500304: Stable Assumptions Will Support Ongoing Undervalued Fair Value Case

NIIT's analyst price target remains effectively unchanged at ₹100, as analysts keep their fair value view steady while making only minimal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: Analysts keep the fair value unchanged at ₹100 per share, indicating no shift in their central valuation view.
Narrative Update Apr 12

500304: Upcoming Results Review Will Reinforce Strong Undervalued Fair Value Case

Analysts have made a small upward revision to NIIT's price target to ₹100, reflecting slightly lower discount rate and P/E assumptions while keeping growth and margin expectations broadly unchanged. What's in the News NIIT has scheduled a board meeting on January 30, 2026, to consider and approve unaudited financial results for the quarter ended December 31, 2025, on both consolidated and standalone bases (Key Developments).
Narrative Update Mar 29

500304: Upcoming Board Review Will Support Strong Undervalued Fair Value Case

Analysts have nudged their price target on NIIT slightly higher to ₹100, reflecting only marginal tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions, while keeping the fair value broadly aligned with prior estimates. What's in the News NIIT has scheduled a Board meeting on January 30, 2026.
Narrative Update Mar 15

500304: Upcoming Board Results Review Will Reinforce Undervalued Fair Value Potential

Analysts have reduced their price target on NIIT by ₹100 to ₹100.0, reflecting slightly revised assumptions around the discount rate and forward P/E, while keeping fair value and key margin and growth inputs broadly unchanged. What's in the News Board meeting of NIIT Limited scheduled for Jan 30, 2026, to consider and approve unaudited financial results for the quarter ended December 31, 2025, on a consolidated and standalone basis (Key Developments).
Narrative Update Mar 01

500304: Upcoming Board Results Review Will Support Fair Value Upside Potential

Analysts have adjusted their NIIT price target slightly, with the updated fair value now set at ₹100. This reflects small tweaks to the discount rate, profit margin, and future P/E assumptions while keeping the core outlook broadly unchanged.
Narrative Update Feb 15

500304: Lower Discount Rate And Forthcoming Results Will Support Upside Potential

Analysts have kept their NIIT price target steady at ₹100.0, with only minor model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Board meeting scheduled for January 30, 2026 to consider and approve unaudited financial results for the quarter ended December 31, 2025, on both consolidated and standalone bases (Key Developments).
Narrative Update Feb 01

500304: Lower Growth Assumptions Will Create Attractive Upside If Margins Stabilise

Analysts have trimmed their price target on NIIT from ₹130 to ₹100, reflecting updated assumptions for slightly lower revenue growth, profit margins, and future P/E, even though the model factors in a modestly lower discount rate. What's in the News NIIT has scheduled a board meeting on Jan 30, 2026, to consider and approve its unaudited financial results for the quarter and nine months ended Dec 31, 2025, on both consolidated and standalone bases (company filing).
Narrative Update Sep 05

AI Acquisitions Will Expand Global Digital Upskilling Markets

With both the Future P/E and Discount Rate remaining essentially unchanged, the consensus analyst fair value estimate for NIIT has been maintained at ₹130.00. What's in the News NIIT's board will meet to consider and approve unaudited financial results for the quarter ended June 30, 2025, including both consolidated and standalone figures, and address other business-related matters.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 500304 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 500304 has only been paying a dividend for 7 years, and since then payments have fallen.


Dividend Yield vs Market

NIIT Dividend Yield vs Market
How does 500304 dividend yield compare to the market?
SegmentDividend Yield
Company (500304)1.5%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.5%
Industry Average (Consumer Services)3.5%
Analyst forecast (500304) (up to 3 years)2.2%

Notable Dividend: 500304's dividend (1.47%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).

High Dividend: 500304's dividend (1.47%) is in the top 25% of dividend payers in the Indian market (1.46%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.4%), 500304's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 500304 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/28 19:24
End of Day Share Price 2026/05/27 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NIIT Limited is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Atul ThakkarAnand Rathi Shares and Stock Brokers Limited
Ravi MenonCentrum Broking Limited
Bhavtosh VajpayeeCLSA