NIIT Limited provides training and development solutions to individuals, corporations, and institutions worldwide.
Solid track record with excellent balance sheet and pays a dividend.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NIITLTD exceeded the Indian IT industry which returned 5.7% over the past year.
Return vs Market: NIITLTD exceeded the Indian Market which returned 11.1% over the past year.
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
1 week ago | Simply Wall StNIIT Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
1 month ago | Simply Wall StNIIT (NSE:NIITLTD) Is Growing Earnings But Are They A Good Guide?
2 months ago | Simply Wall StIs The of NIIT Limited (NSE:NIITLTD) And They Just Sold 77% Of Their Shares
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 (₹107.25) is trading above our estimate of fair value (₹73.7)
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 (1.3x) compared to the IT industry average (11.3x).
PE vs Market: NIITLTD is good value based on its PE Ratio (1.3x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: NIITLTD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NIITLTD is overvalued based on its PB Ratio (0.9x) compared to the IN IT industry average (0.9x).
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 earnings are forecast to decline over the next 3 years (-85.2% per year).
Earnings vs Market: NIITLTD's earnings are forecast to decline over the next 3 years (-85.2% per year).
High Growth Earnings: NIITLTD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NIITLTD's revenue (11.8% per year) is forecast to grow faster than the Indian market (9% per year).
High Growth Revenue: NIITLTD's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NIITLTD's Return on Equity is forecast to be low in 3 years time (6.3%).
How has NIIT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NIITLTD has a high level of non-cash earnings.
Growing Profit Margin: NIITLTD's current net profit margins are higher than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: NIITLTD's earnings have grown significantly by 82.5% per year over the past 5 years.
Accelerating Growth: NIITLTD's earnings growth over the past year (1529.7%) exceeds its 5-year average (82.5% per year).
Earnings vs Industry: NIITLTD earnings growth over the past year (1529.7%) exceeded the IT industry 7.4%.
Return on Equity
High ROE: NIITLTD's Return on Equity (66.1%) is considered outstanding.
Return on Assets
Return on Capital Employed
How is NIIT's financial position?
Financial Position Analysis
Short Term Liabilities: NIITLTD's short term assets (₹20.9B) exceed its short term liabilities (₹4.1B).
Long Term Liabilities: NIITLTD's short term assets (₹20.9B) exceed its long term liabilities (₹893.9M).
Debt to Equity History and Analysis
Debt Level: NIITLTD's debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: NIITLTD's debt to equity ratio has reduced from 20.2% to 2.9% over the past 5 years.
Debt Coverage: NIITLTD's debt is well covered by operating cash flow (40.9%).
Interest Coverage: NIITLTD's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Inventory Level: NIITLTD has a low level of unsold assets or inventory.
Debt Coverage by Assets: NIITLTD's debt is covered by short term assets (assets are 34.8x debt).
What is NIIT's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: NIITLTD's dividend (4.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: NIITLTD's dividend (4.67%) is in the top 25% of dividend payers in the Indian market (2.52%)
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 (6.2%), NIITLTD's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NIITLTD's dividends in 3 years are forecast to be covered by earnings (76.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sapnesh Lalla (53yo)
Mr. Sapnesh Kumar Lalla has been Chief Executive Officer of NIIT Ltd. since August 1, 2017. Mr. Lalla served as Senior Vice President of Business Development - Corporate Learning Group at NIIT Ltd. since J ...
CEO Compensation Analysis
Compensation vs Market: Sapnesh's total compensation ($USD189.37K) is below average for companies of similar size in the Indian market ($USD298.20K).
Compensation vs Earnings: Sapnesh's compensation has been consistent with company performance over the past year.
|Co-Founder & Chairman||0yrs||₹820.00k||16.87% ₹2.5b|
|Chief Executive Officer||2.5yrs||₹13.54m||0.18% ₹26.1m|
|Chief Financial Officer||2.9yrs||₹5.62m||0.00071% ₹103.6k|
|Chief Information officer & Head of Technology Services - Organisation India||0yrs||no data||no data|
|Compliance Officer & Company Secretary||3.6yrs||₹2.87m||no data|
|VP and Head of Marketing & Sales||0yrs||no data||no data|
|Head of Product Development& Deployment||0yrs||no data||no data|
|Executive VP & Chief Corporate Management Services Officer||2.8yrs||no data||0.062% ₹9.0m|
Experienced Management: NIITLTD's management team is considered experienced (2.9 years average tenure).
|Co-Founder & Chairman||0yrs||₹820.00k||16.87% ₹2.5b|
|Non-Executive Independent Director||0.7yrs||no data||no data|
|Non Executive Independent Director||6.3yrs||₹1.24m||no data|
|Non Executive Independent Director||5.8yrs||₹1.42m||no data|
|Non-Executive Independent Director||0.9yrs||no data||0.00057% ₹83.2k|
Experienced Board: NIITLTD's board of directors are considered experienced (5.3 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: ₹14.590b
- Shares outstanding: 141.51m
- Website: https://www.niit.com
Number of Employees
- NIIT Limited
- 85, Sector 32, Institutional
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500304||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 1998|
|NIITLTD||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 1998|
NIIT Limited provides training and development solutions to individuals, corporations, and institutions worldwide. The company offers managed training services, such as custom curriculum design and content development, learning administration and technology, learning delivery, strategic sourcing, and advisory services; and learning and talent development programs in banking, finance and insurance, retail sales enablement, management education, multi-sectoral vocational skills, digital media marketing, and programs in digital transformation technologies. Its brands portfolio comprises the training.com, a learning platform for career programs; Talent Pipeline as a Service, a just-in-time job ready talent for organization; NIIT.tv, a digital learning platform; NIIT international of finance banking and insurance training limited designed for banking, insurance, and financial services; NIIT Imperia, which provides management programs in marketing, sales, finance, operations, HR, law, brand and advertising, international and digital marketing and business, strategy, general management, taxation, and IT areas; and NIIT UNIQUA that offers outsourcing of training solutions for the BPM industry. The company’s brands portfolio also includes NIIT NGuru that offers various learning solutions for schools comprising interactive classrooms for teachers, as well as math lab, mobile science labs, IT wizard programs, and learning labs for students; and Practice Plus, a platform for assessment solution of learning, as well as Quick School, an education resource planning solution. Additionally, it provides StackRoute, which focuses on creating programmers; and DigiNxt that addresses the opportunities for digital transformation needs of the IT industry. NIIT Limited has a collaboration agreement with Automation Anywhere to offer robotic process automation workshops for developers, students, and IT professionals. The company was founded in 1981 and is headquartered in Gurugram, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 12:56|
|End of Day Share Price||2020/02/17 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.