Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹1,040, the stock trades at a trailing P/E ratio of 62.6x. Average trailing P/E is 23x in the Diversified Financial industry in India. Total returns to shareholders of 356% over the past three years. Board Change • Apr 10
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 Ram Rastogi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,115, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 21x in the Diversified Financial industry in India. Total returns to shareholders of 494% over the past three years. New Risk • Mar 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹891, the stock trades at a trailing P/E ratio of 53.6x. Average trailing P/E is 21x in the Diversified Financial industry in India. Total returns to shareholders of 500% over the past three years. New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: ₹5.92 (vs ₹2.65 in 3Q 2025) Third quarter 2026 results: EPS: ₹5.92 (up from ₹2.65 in 3Q 2025). Revenue: ₹571.7m (up 169% from 3Q 2025). Net income: ₹115.4m (up 125% from 3Q 2025). Profit margin: 20% (down from 24% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 139% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 06
Network People Services Technologies Limited to Report Q3, 2026 Results on Feb 11, 2026 Network People Services Technologies Limited announced that they will report Q3, 2026 results on Feb 11, 2026 New Risk • Dec 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Announcement • Nov 27
Network People Services Technologies Limited announced that it has received INR 3.000041 billion in funding On November 27, 2025, Network People Services Technologies Limited closed the transaction. The company has received approval from the BSE Limited. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: ₹5.00 (vs ₹9.36 in 2Q 2025) Second quarter 2026 results: EPS: ₹5.00 (down from ₹9.36 in 2Q 2025). Revenue: ₹466.8m (down 30% from 2Q 2025). Net income: ₹98.4m (down 46% from 2Q 2025). Profit margin: 21% (down from 27% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has increased by 269% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 07
Network People Services Technologies Limited to Report Q2, 2026 Results on Nov 12, 2025 Network People Services Technologies Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Announcement • Sep 30
Network People Services Technologies Limited Declares Dividend for the Financial Year Ended March 31, 2025 Network People Services Technologies Limited declared a dividend at 20% on the face value of the Equity Shares of the Company for the Financial Year ended March 31, 2025. Announcement • Sep 05
Network People Services Technologies Limited, Annual General Meeting, Sep 29, 2025 Network People Services Technologies Limited, Annual General Meeting, Sep 29, 2025, at 12:30 Indian Standard Time. New Risk • Aug 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: ₹3.71 (vs ₹8.06 in 1Q 2025) First quarter 2026 results: EPS: ₹3.71 (down from ₹8.06 in 1Q 2025). Revenue: ₹350.9m (down 40% from 1Q 2025). Net income: ₹71.9m (down 54% from 1Q 2025). Profit margin: 21% (down from 27% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has increased by 288% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹23.31 (vs ₹13.78 in FY 2024) Full year 2025 results: EPS: ₹23.31 (up from ₹13.78 in FY 2024). Revenue: ₹1.81b (up 42% from FY 2024). Net income: ₹452.0m (up 69% from FY 2024). Profit margin: 25% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has increased by 315% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 19
Network People Services Technologies Limited to Report Q4, 2025 Results on May 27, 2025 Network People Services Technologies Limited announced that they will report Q4, 2025 results on May 27, 2025 New Risk • Jan 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Oct 19
Network People Services Technologies Limited Appoints Deepak Chand Thakur as Chief Executive Officer Network People Services Technologies Limited announced that at its board meeting held on October 17, 2024, appointed Mr. Deepak Chand Thakur, chairman and managing director as chief executive officer of the company. Date of appointment is October 17, 2024. Deepak Chand Thakur, 43, brings a wealth of experience and expertise to his role as the Promoter, Chairman, and Managing Director of the Company. His academic background includes a Masters in Marketing Management and a Bachelors of Commerce, both from the University of Mumbai, which have equipped him with a strong foundation in business and marketing principles. Deepak's journey with the company began in 2014 when he joined as a director. Since then, he has demonstrated his versatility as a business manager, adept at optimizing team dynamics and aligning diverse agendas towards common goals. His strategic acumen allows him to identify and capitalize on both operational and strategic drivers, thereby delivering tangible results for stakeholders. Deepak's approach to strategy development is characterized by a meticulous focus on impact analysis. Whether evaluating existing initiatives or envisioning future growth plans, he likely employed a structured methodology to assess the potential outcomes and risks associated with each strategy. This analytical approach ensures that decisions are based on sound evidence and have a high likelihood of success. Reported Earnings • Oct 18
Second quarter 2025 earnings released: EPS: ₹9.36 (vs ₹2.58 in 2Q 2024) Second quarter 2025 results: EPS: ₹9.36 (up from ₹2.58 in 2Q 2024). Revenue: ₹703.7m (up 152% from 2Q 2024). Net income: ₹181.5m (up 263% from 2Q 2024). Profit margin: 26% (up from 18% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has increased by 384% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Jul 25
Network People Services Technologies Limited, Annual General Meeting, Aug 26, 2024 Network People Services Technologies Limited, Annual General Meeting, Aug 26, 2024, at 12:30 Indian Standard Time. Reported Earnings • Jul 23
First quarter 2025 earnings released: EPS: ₹8.06 (vs ₹2.66 in 1Q 2024) First quarter 2025 results: EPS: ₹8.06 (up from ₹2.66 in 1Q 2024). Revenue: ₹602.6m (up 146% from 1Q 2024). Net income: ₹156.2m (up 203% from 1Q 2024). Profit margin: 26% (up from 21% in 1Q 2024). The increase in margin was driven by higher revenue. New Risk • Jul 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Apr 26
Network People Services Technologies Limited to Report Fiscal Year 2024 Results on Apr 24, 2024 Network People Services Technologies Limited announced that they will report fiscal year 2024 results on Apr 24, 2024 Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: ₹17.15 (vs ₹3.37 in FY 2023) Full year 2024 results: EPS: ₹17.15 (up from ₹3.37 in FY 2023). Revenue: ₹1.61b (up 294% from FY 2023). Net income: ₹332.5m (up 410% from FY 2023). Profit margin: 21% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Announcement • Apr 13
Network People Services Technologies Limited Approves Appointment of Ram Nirankar Rastogi as Additional Director, Non-Executive Independent Network People Services Technologies Limited at its meeting held on April 12, 2024 announced that Board of Directors on the recommendation of Nomination and Remuenration Committee has approved the appointment of Mr. Ram Nirankar Rastogi as an Additional Director, Non-Executive Independent category of the Company with effect from 12th April, 2024. Mr. Ram Rastogi is a seasoned Career Banker and a proficient Digital Payments Strategist with a deep understanding of cutting-edge digital technologies employed in payments, real- time decision-making, risk management, predictive analysis, and Regtech. Currently serving as the Chairman of the Fintech Association for Consumer Empowerment (FACE), a non-profit organization dedicated to articulating the common concerns of Consumer Lending FinTech companies to regulators, media, distribution platforms (such as Google Play Store), and other external stakeholders. With an extensive banking career spanning three decades, Mr. Rastogi held key roles at the State Bank of India, where he functioned as a senior executive overseeing Strategy, Business Development, ATMs, Debit Cards, and Emerging Payment Systems. During his tenure as the Head of Product Development at the National Payments Corporation of India (2011-2017), he played a pivotal role in mentoring the development of real-time payment systems in India, including the Immediate Payments Service (IMPS), Unified Payments Interface (UPI), AEPS, Cross-Border Payments, Bharat Bill Payments System (BBPS), and other offline payment systems, ensuring their adherence to regulatory compliance. Mr. Rastogi's engagement extends to close collaboration with regulatory bodies such as the RBI and TRAI, various government departments, non-governmental organizations (NGOs), public policy committees, and stakeholders in the FinTech industry, fostering the creation of comprehensive ecosystems. Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: ₹10.11 (vs ₹2.80 in 3Q 2023) Third quarter 2024 results: EPS: ₹10.11 (up from ₹2.80 in 3Q 2023). Revenue: ₹320.8m (up 214% from 3Q 2023). Net income: ₹65.3m (up 261% from 3Q 2023). Profit margin: 20% (up from 18% in 3Q 2023). The increase in margin was driven by higher revenue. New Risk • Oct 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Aug 24
Network People Services Technologies Limited, Annual General Meeting, Sep 24, 2023 Network People Services Technologies Limited, Annual General Meeting, Sep 24, 2023, at 12:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹1,224, the stock trades at a trailing P/E ratio of 68.6x. Average trailing P/E is 26x in the Diversified Financial industry in India. Total returns to shareholders of 1,224% over the past year. Reported Earnings • Jul 27
First quarter 2024 earnings released: EPS: ₹7.98 (vs ₹0.68 in 1Q 2023) First quarter 2024 results: EPS: ₹7.98 (up from ₹0.68 in 1Q 2023). Revenue: ₹248.8m (up 434% from 1Q 2023). Net income: ₹51.6m (up ₹47.2m from 1Q 2023). Profit margin: 21% (up from 9.4% in 1Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹688, the stock trades at a trailing P/E ratio of 68.2x. Average trailing P/E is 23x in the Diversified Financial industry in India. Total returns to shareholders of 700% over the past year. Reported Earnings • May 08
Full year 2023 earnings released: EPS: ₹10.10 (vs ₹2.56 in FY 2022) Full year 2023 results: EPS: ₹10.10 (up from ₹2.56 in FY 2022). Revenue: ₹411.8m (up 114% from FY 2022). Net income: ₹65.2m (up 336% from FY 2022). Profit margin: 16% (up from 7.8% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹375, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 435% over the past year. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹286, the stock trades at a trailing P/E ratio of 54.8x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 281% over the past year. Reported Earnings • Feb 07
Third quarter 2023 earnings released: EPS: ₹2.80 (vs ₹0.67 in 3Q 2022) Third quarter 2023 results: EPS: ₹2.80 (up from ₹0.67 in 3Q 2022). Revenue: ₹103.2m (up 83% from 3Q 2022). Net income: ₹18.1m (up 321% from 3Q 2022). Profit margin: 18% (up from 7.6% in 3Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 17% share price gain to ₹151, the stock trades at a trailing P/E ratio of 56.4x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 127% over the past year. Reported Earnings • Nov 20
First half 2023 earnings released: EPS: ₹1.35 (vs ₹1.21 in 1H 2022) First half 2023 results: EPS: ₹1.35 (up from ₹1.21 in 1H 2022). Revenue: ₹94.4m (up 19% from 1H 2022). Net income: ₹8.74m (up 37% from 1H 2022). Profit margin: 9.3% (up from 8.0% in 1H 2022). The increase in margin was driven by higher revenue. Board Change • Nov 16
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. 4 non-independent directors. Non-Executive Independent Director Rajiv Aggarwal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 14
Full year 2022 earnings released: EPS: ₹2.56 (vs ₹2.40 in FY 2021) Full year 2022 results: EPS: ₹2.56 (up from ₹2.40 in FY 2021). Revenue: ₹192.5m (up 25% from FY 2021). Net income: ₹15.0m (up 39% from FY 2021). Profit margin: 7.8% (up from 7.0% in FY 2021). The increase in margin was driven by higher revenue. Reported Earnings • Jun 07
Full year 2022 earnings released: EPS: ₹2.56 (vs ₹2.40 in FY 2021) Full year 2022 results: EPS: ₹2.56 (up from ₹2.40 in FY 2021). Revenue: ₹195.6m (up 27% from FY 2021). Net income: ₹15.0m (up 39% from FY 2021). Profit margin: 7.6% (up from 7.0% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improved over the past week After last week's 15% share price gain to ₹86.40, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 28x in the IT industry in India. Board Change • Apr 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. 4 non-independent directors. Non-Executive Independent Director Rajiv Aggarwal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 20% share price gain to ₹79.90, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 31x in the IT industry in India. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹53.60, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 27x in the IT industry in India. 
