NIIT Limited provides learning and knowledge solutions to individuals, enterprises, and institutions worldwide. More Details
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Flawless balance sheet second-rate dividend payer.
Share Price & News
How has NIIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NIITLTD is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: NIITLTD's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
7 Day Return
1 Year Return
Return vs Industry: NIITLTD exceeded the Indian IT industry which returned 63.6% over the past year.
Return vs Market: NIITLTD exceeded the Indian Market which returned 56.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NIIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWe Take A Look At Whether NIIT Limited's (NSE:NIITLTD) CEO May Be Underpaid
3 weeks ago | Simply Wall StThere's A Lot To Like About NIIT's (NSE:NIITLTD) Upcoming ₹2.50 Dividend
1 month ago | Simply Wall StHave NIIT Limited (NSE:NIITLTD) Insiders Been Selling Their Stock?
Is NIIT undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NIITLTD (₹329.1) is trading above our estimate of fair value (₹169.17)
Significantly Below Fair Value: NIITLTD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NIITLTD is good value based on its PE Ratio (25.4x) compared to the Indian IT industry average (33x).
PE vs Market: NIITLTD is poor value based on its PE Ratio (25.4x) compared to the Indian market (23.7x).
Price to Earnings Growth Ratio
PEG Ratio: NIITLTD is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: NIITLTD is overvalued based on its PB Ratio (2.9x) compared to the IN IT industry average (2.1x).
How is NIIT forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NIITLTD's forecast earnings growth (13.6% per year) is above the savings rate (6.8%).
Earnings vs Market: NIITLTD's earnings (13.6% per year) are forecast to grow slower than the Indian market (20.7% per year).
High Growth Earnings: NIITLTD's earnings are forecast to grow, but not significantly.
Revenue vs Market: NIITLTD's revenue (17.5% per year) is forecast to grow faster than the Indian market (12.4% per year).
High Growth Revenue: NIITLTD's revenue (17.5% 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
How has NIIT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NIITLTD has a large one-off gain of ₹482.8M impacting its June 30 2021 financial results.
Growing Profit Margin: NIITLTD's current net profit margins (17.4%) are lower than last year (32.3%).
Past Earnings Growth Analysis
Earnings Trend: NIITLTD's earnings have grown significantly by 34.9% per year over the past 5 years.
Accelerating Growth: NIITLTD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NIITLTD had negative earnings growth (-36.5%) over the past year, making it difficult to compare to the IT industry average (18.9%).
Return on Equity
High ROE: NIITLTD's Return on Equity (11.1%) is considered low.
How is NIIT's financial position?
Financial Position Analysis
Short Term Liabilities: NIITLTD's short term assets (₹17.6B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: NIITLTD's short term assets (₹17.6B) exceed its long term liabilities (₹294.3M).
Debt to Equity History and Analysis
Debt Level: NIITLTD's debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: NIITLTD's debt to equity ratio has reduced from 23.2% to 1.7% over the past 5 years.
Debt Coverage: NIITLTD's debt is well covered by operating cash flow (835%).
Interest Coverage: NIITLTD earns more interest than it pays, so coverage of interest payments is not a concern.
What is NIIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NIITLTD's dividend (0.76%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: NIITLTD's dividend (0.76%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).
Stability and Growth of Payments
Stable Dividend: NIITLTD's dividend payments have been volatile in the past 10 years.
Growing Dividend: NIITLTD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.3%), NIITLTD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sapnesh Lalla (55 yo)
Mr. Sapnesh Kumar Lalla has been Chief Executive Officer of NIIT Limited since August 1, 2017. Mr. Lalla served as Senior Vice President of Business Development - Corporate Learning Group at NIIT Ltd. sinc...
CEO Compensation Analysis
Compensation vs Market: Sapnesh's total compensation ($USD145.38K) is below average for companies of similar size in the Indian market ($USD301.76K).
Compensation vs Earnings: Sapnesh's compensation has been consistent with company performance over the past year.
Experienced Management: NIITLTD's management team is considered experienced (4 years average tenure).
Experienced Board: NIITLTD's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NIITLTD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NIIT Limited's company bio, employee growth, exchange listings and data sources
- Name: NIIT Limited
- Ticker: NIITLTD
- Exchange: NSEI
- Founded: 1981
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹43.852b
- Shares outstanding: 133.27m
- Website: https://www.niit.com
Number of Employees
- NIIT Limited
- 85, Sector 32, Institutional
NIIT Limited provides learning and knowledge solutions to individuals, enterprises, and institutions worldwide. It offers managed training services, such as custom curriculum design and content development...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 15:27|
|End of Day Share Price||2021/08/03 00:00|
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 here.