NIIT Future Growth

Future criteria checks 4/6

NIIT is forecast to grow earnings and revenue by 30.4% and 19.8% per annum respectively while EPS is expected to grow by 28.6% per annum.

Key information

30.4%

Earnings growth rate

28.6%

EPS growth rate

Consumer Services earnings growth	28.2%
Revenue growth rate	19.8%
Future return on equity	n/a
Analyst coverage	Low
Last updated	03 Aug 2024

Recent future growth updates

NIIT Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Feb 07

Recent updates

NIIT Limited's (NSE:NIITLTD) Shares Climb 38% But Its Business Is Yet to Catch Up

Aug 28

NIIT Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Feb 07

Earnings and Revenue Growth Forecasts

NSEI:NIITLTD - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	4,569	741	70	N/A	1
3/31/2025	3,795	522	-58	N/A	1
6/30/2024	3,234	443	N/A	N/A	N/A
3/31/2024	3,035	388	-237	92	N/A
12/31/2023	2,892	179	N/A	N/A	N/A
9/30/2023	2,972	189	-262	18	N/A
6/30/2023	3,098	131	N/A	N/A	N/A
3/31/2023	3,413	59	-196	21	N/A
12/31/2022	16,267	2,083	N/A	N/A	N/A
9/30/2022	15,567	2,089	1,632	2,042	N/A
6/30/2022	14,800	2,217	N/A	N/A	N/A
3/31/2022	2,506	280	2,614	2,878	N/A
12/31/2021	12,743	2,143	N/A	N/A	N/A
9/30/2021	11,441	2,046	2,573	2,725	N/A
6/30/2021	10,488	1,824	N/A	N/A	N/A
3/31/2021	9,597	1,461	2,055	2,358	N/A
12/31/2020	8,852	1,163	N/A	N/A	N/A
9/30/2020	8,757	1,031	708	1,296	N/A
6/30/2020	8,892	2,874	N/A	N/A	N/A
3/31/2020	8,892	13,580	-141	505	N/A
12/31/2019	9,392	13,518	N/A	N/A	N/A
9/30/2019	9,172	13,455	-245	245	N/A
6/30/2019	9,062	11,589	N/A	N/A	N/A
3/31/2019	8,653	986	-284	457	N/A
12/31/2018	8,933	829	N/A	N/A	N/A
9/30/2018	8,750	833	N/A	N/A	N/A
6/30/2018	8,549	700	N/A	N/A	N/A
3/31/2018	8,505	625	N/A	880	N/A
12/31/2017	9,893	729	N/A	N/A	N/A
9/30/2017	10,472	592	N/A	N/A	N/A
6/30/2017	11,876	747	N/A	N/A	N/A
3/31/2017	8,452	409	N/A	1,107	N/A
12/31/2016	10,650	527	N/A	N/A	N/A
9/30/2016	10,600	604	N/A	N/A	N/A
6/30/2016	10,341	596	N/A	N/A	N/A
3/31/2016	10,069	672	N/A	696	N/A
12/31/2015	9,915	-1,017	N/A	N/A	N/A
9/30/2015	9,774	-1,136	N/A	N/A	N/A
6/30/2015	9,653	-1,241	N/A	N/A	N/A
3/31/2015	9,574	-1,385	N/A	308	N/A
12/31/2014	9,668	267	N/A	N/A	N/A
9/30/2014	9,522	261	N/A	N/A	N/A
6/30/2014	9,541	278	N/A	N/A	N/A
3/31/2014	9,510	178	N/A	617	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NIITLTD's forecast earnings growth (30.4% per year) is above the savings rate (6.7%).

Earnings vs Market: NIITLTD's earnings (30.4% per year) are forecast to grow faster than the Indian market (17.4% per year).

High Growth Earnings: NIITLTD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NIITLTD's revenue (19.8% per year) is forecast to grow faster than the Indian market (10.2% per year).

High Growth Revenue: NIITLTD's revenue (19.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if NIITLTD's Return on Equity is forecast to be high in 3 years time

NIIT Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

NIIT Limited Provides Earnings Guidance for the Financial Year 2025

NIIT Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Price target decreased by 36% to ₹270

Price target increased by 7.6% to ₹425

Price target decreased to ₹355

Price target increased to ₹590

Recent updates

NIIT Limited to Report Q2, 2025 Results on Oct 25, 2024

Insider recently sold ₹8.2m worth of stock

NIIT Limited's (NSE:NIITLTD) Shares Climb 38% But Its Business Is Yet to Catch Up

New minor risk - Share price stability

NIIT Limited, Annual General Meeting, Sep 24, 2024

NIIT Limited, Annual General Meeting, Sep 24, 2024

Investor sentiment improves as stock rises 15%

NIIT Ltd. Appoints Anshumaan Prasad as Head of Marketing

First quarter 2025 earnings released: EPS: ₹0.58 (vs ₹0.17 in 1Q 2024)

Investor sentiment improves as stock rises 16%

NIIT Limited to Report Q1, 2025 Results on Aug 02, 2024

NIIT Limited Provides Earnings Guidance for the Financial Year 2025

Full year 2024 earnings: EPS and revenues miss analyst expectations

NIIT Limited to Report Q4, 2024 Results on May 24, 2024

NIIT Limited Announces Bimaljeet Singh Bhasin, President - Enterprise Business India

NIIT Limited Announces Board Appointments

Investor sentiment deteriorates as stock falls 15%

NIIT Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

NIIT Limited to Report Q3, 2024 Results on Feb 02, 2024

CEO & Executive Director recently sold ₹16m worth of stock

Price target decreased by 36% to ₹270

Upcoming dividend of ₹0.50 per share

NIIT Limited Declares Interim Dividend for the Financial Year 2023-2024

NIIT Limited Declares Interim Dividend for the Financial Year 2023-2024

NIIT Limited to Report Q2, 2024 Results on Oct 31, 2023

Insider recently sold ₹2.1m worth of stock

Is NIIT (NSE:NIITLTD) A Risky Investment?

NIIT Limited, Annual General Meeting, Sep 27, 2023

First quarter 2024 earnings released: EPS: ₹0.17 (vs ₹3.42 in 1Q 2023)

NIIT Limited to Report Q1, 2024 Results on Aug 10, 2023

Insider recently sold ₹23m worth of stock

New major risk - Share price stability

Price target increased by 7.6% to ₹425

Full year 2023 earnings released: EPS: ₹0.45 (vs ₹17.12 in FY 2022)

NIIT Limited to Report Q4, 2023 Results on May 29, 2023

NIIT Limited (BSE:500304) acquired remaining 10% stake in RPS Consulting Pvt Ltd. from RPS promoters for approximately INR 190 million.

President of GPS & Learning Delivery recently sold ₹5.4m worth of stock

Insider recently sold ₹15m worth of stock

Third quarter 2023 earnings released: EPS: ₹4.11 (vs ₹4.18 in 3Q 2022)

NIIT Limited to Report Q3, 2023 Results on Jan 31, 2023

NIIT Limited (BSE:500304) acquired additional 20% stake in RPS Consulting Pvt Ltd from RPS promoters for approximately INR 360 million.

President of GPS & Learning Delivery recently sold ₹8.3m worth of stock

Insider recently sold ₹4.6m worth of stock

Insider recently sold ₹3.2m worth of stock

Price target decreased to ₹355

High number of new directors

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: ₹2.95 (vs ₹3.92 in 2Q 2022)

NIIT Limited to Report Q2, 2023 Results on Oct 28, 2022

Insider recently sold ₹8.9m worth of stock

NIIT Limited to Report Q1, 2023 Results on Jul 28, 2022

Full year 2022 earnings released: EPS: ₹17.12 (vs ₹11.28 in FY 2021)

NIIT Limited, Annual General Meeting, Aug 05, 2022

President of GPS & Learning Delivery recently sold ₹3.0m worth of stock

Insider recently sold ₹12m worth of stock

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹17.12 (vs ₹11.28 in FY 2021)

NIIT Limited to Report Q4, 2022 Results on May 24, 2022

Investor sentiment deteriorated over the past week

Price target increased to ₹590

High number of new directors

NIIT (NSE:NIITLTD) Seems To Use Debt Rather Sparingly

Investor sentiment improved over the past week

Executive VP & CFO recently sold ₹42m worth of stock

Upcoming dividend of ₹2.00 per share

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

NIIT Limited Declares an Interim Dividend for the Year Ending March 31, 2022

Investor sentiment deteriorated over the past week