NIIT Limited

BSE:500304 Stock Report

Market Cap: ₹9.0b

NIIT Past Earnings Performance

Past criteria checks 0/6

NIIT's earnings have been declining at an average annual rate of -43.9%, while the Consumer Services industry saw earnings growing at 34% annually. Revenues have been declining at an average rate of 29.7% per year. NIIT's return on equity is 0.6%, and it has net margins of 1.2%.

Key information

-43.89%

Earnings growth rate

-43.30%

EPS growth rate

Consumer Services Industry Growth30.43%
Revenue growth rate-29.68%
Return on equity0.57%
Net Margin1.20%
Last Earnings Update31 Mar 2026

Recent past performance 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.

Revenue & Expenses Breakdown

How NIIT makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BSE:500304 Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 264,567551,3440
31 Dec 253,7672311,4620
30 Sep 253,7353261,4250
30 Jun 253,5924421,1750
31 Mar 253,5764761,2980
31 Dec 243,4564571,1440
30 Sep 243,3274661,0750
30 Jun 243,2344438490
31 Mar 243,0353889030
31 Dec 232,8921791,0450
30 Sep 232,9721891,0590
30 Jun 233,0981318230
31 Mar 233,413591,2640
31 Dec 2216,2672,0833,6890
30 Sep 2215,5672,0893,5040
30 Jun 2214,8002,2173,2330
31 Mar 222,5062809580
31 Dec 2112,7432,1432,3100
30 Sep 2111,4412,0462,0080
30 Jun 2110,4881,8241,8600
31 Mar 219,5971,4611,7490
31 Dec 208,8521,1631,9760
30 Sep 208,7571,0311,9870
30 Jun 208,8922,8741,6420
31 Mar 208,89213,5802,0650
31 Dec 199,39213,5182,3450
30 Sep 199,17213,4552,2780
30 Jun 199,06211,5892,2090
31 Mar 198,6539862,2390
31 Dec 188,9338292,2090
30 Sep 188,7508332,3020
30 Jun 188,5497001,6480
31 Mar 188,5056252,4330
31 Dec 179,8937295,7440
30 Sep 1710,4725925,7440
30 Jun 1711,8767474,7470
31 Mar 178,4524092,4390
31 Dec 1610,6505274,2300
30 Sep 1610,6006044,2300
30 Jun 1610,3415964,2300
31 Mar 1610,0696724,2200
31 Dec 159,915-1,0175,4260
30 Sep 159,774-1,1365,4260
30 Jun 159,653-1,2413,1720

Quality Earnings: 500304 has a large one-off loss of ₹109.5M impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: 500304's current net profit margins (1.2%) are lower than last year (13.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 500304's earnings have declined by 43.9% per year over the past 5 years.

Accelerating Growth: 500304's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500304 had negative earnings growth (-88.5%) over the past year, making it difficult to compare to the Consumer Services industry average (5.7%).


Return on Equity

High ROE: 500304's Return on Equity (0.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/23 08:51
End of Day Share Price 2026/05/22 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