NIIT Limited provides training and development solutions to individuals, corporations, and institutions worldwide. More Details
+ 1 more risk
Excellent balance sheet average 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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NIITLTD exceeded the Indian IT industry which returned 40.4% over the past year.
Return vs Market: NIITLTD exceeded the Indian Market which returned 2.8% 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 StIs NIIT Limited's (NSE:NIITLTD) Shareholder Ownership Skewed Towards Insiders?
3 weeks ago | Simply Wall StKey Things To Understand About NIIT's (NSE:NIITLTD) CEO Pay Cheque
1 month ago | Simply Wall StNIIT Limited (NSE:NIITLTD) Not Doing Enough For Some Investors
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 (₹137.4) is trading above our estimate of fair value (₹42.34)
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 (7.3x) compared to the IN IT industry average (18.6x).
PE vs Market: NIITLTD is good value based on its PE Ratio (7.3x) compared to the Indian market (16.5x).
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's PB Ratio (1.3x) is in line with the IN IT industry average.
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 (-50.9% per year).
Earnings vs Market: NIITLTD's earnings are forecast to decline over the next 3 years (-50.9% per year).
High Growth Earnings: NIITLTD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NIITLTD's revenue (7% per year) is forecast to grow slower than the Indian market (11.4% per year).
High Growth Revenue: NIITLTD's revenue (7% 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 high quality earnings.
Growing Profit Margin: NIITLTD's current net profit margins (32.3%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: NIITLTD has become profitable over the past 5 years, growing earnings by 72.9% per year.
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 (-75.2%) over the past year, making it difficult to compare to the IT industry average (-5.1%).
Return on Equity
High ROE: NIITLTD's Return on Equity (18.9%) is considered low.
How is NIIT's financial position?
Financial Position Analysis
Short Term Liabilities: NIITLTD's short term assets (₹15.6B) exceed its short term liabilities (₹4.1B).
Long Term Liabilities: NIITLTD's short term assets (₹15.6B) exceed its long term liabilities (₹858.1M).
Debt to Equity History and Analysis
Debt Level: NIITLTD's debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: NIITLTD's debt to equity ratio has reduced from 18.3% to 3.5% over the past 5 years.
Debt Coverage: NIITLTD's debt is well covered by operating cash flow (87.5%).
Interest Coverage: NIITLTD's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is NIIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NIITLTD's dividend (7.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).
High Dividend: NIITLTD's dividend (7.28%) is in the top 25% of dividend payers in the Indian market (2.28%)
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 reasonable payout ratio (53.5%), NIITLTD's dividend payments are 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 (54 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 ($USD202.41K) is below average for companies of similar size in the Indian market ($USD316.55K).
Compensation vs Earnings: Sapnesh's compensation has been consistent with company performance over the past year.
|Co-Founder & Non-Executive Chairman||no data||₹9.68m||16.84% |
|Chief Executive Officer||3.17yrs||₹14.94m||0.18% |
|Executive VP & CFO||0.33yr||₹5.51m||no data|
|VP & Head of M&A and Investor Relations||no data||₹8.15m||no data|
|Compliance Officer & Company Secretary||4.25yrs||₹4.50m||no data|
|President of Product||4.67yrs||₹19.88m||0.074% |
|President of Skills & Careers Business (SNC) India Operations||1.83yrs||₹13.41m||no data|
|Chief Information officer & Head of Technology Services - Organisation India||no data||no data||no data|
|Senior Vice President of Corporate Communications & Marketing and Marketing Professional||no data||no data||no data|
|Chief Marketing Officer and National Head of Marketing & Sales Enablem||no data||no data||no data|
Experienced Management: NIITLTD's management team is considered experienced (3.2 years average tenure).
|Co-Founder & Non-Executive Chairman||no data||₹9.68m||16.84% |
|Non-Executive Independent Director||1.33yrs||₹1.15m||no data|
|Non Executive Independent Director||7yrs||₹4.32m||no data|
|Non Executive Independent Director||6.5yrs||₹3.90m||no data|
|Non-Executive Independent Director||1.58yrs||₹2.15m||0.00043% |
Experienced Board: NIITLTD's board of directors are considered experienced (6 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: ₹19.463b
- Shares outstanding: 141.76m
- 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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/25 12:46|
|End of Day Share Price||2020/10/23 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.