Financials NIIT Limited

Equities

NIITLTD

INE161A01038

Professional Information Services

Market Closed - Bombay S.E. 06:00:48 2024-05-28 am EDT 5-day change 1st Jan Change
103.4 INR -1.52% Intraday chart for NIIT Limited -0.82% -9.69%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,120 11,611 19,615 83,265 43,908 13,967 - -
Enterprise Value (EV) 1 15,294 11,611 19,615 83,265 37,701 14,245 13,967 13,967
P/E ratio 17.6 x - 13.8 x - - 37.6 x 22 x 18.8 x
Yield 5.53% 12.2% 1.81% 0.88% - 0.97% 0.97% -
Capitalization / Revenue 1.66 x 1.31 x 2.07 x 6.04 x 12.9 x 4.73 x 3.66 x 3.06 x
EV / Revenue 1.66 x 1.31 x 2.07 x 6.04 x 12.9 x 4.73 x 3.66 x 3.06 x
EV / EBITDA 18 x 13.6 x 11.2 x 28.1 x -957 x 1,191 x 41.9 x 29.5 x
EV / FCF -59 x -67.1 x 9.54 x 31.9 x -253 x -119 x 436 x 254 x
FCF Yield -1.69% -1.49% 10.5% 3.14% -0.4% -0.84% 0.23% 0.39%
Price to Book 1.82 x 0.76 x 1.19 x 5.5 x 4.41 x 1.35 x 1.3 x 1.24 x
Nbr of stocks (in thousands) 167,348 141,508 142,345 133,867 134,564 135,074 - -
Reference price 2 90.35 82.05 137.8 622.0 326.3 103.4 103.4 103.4
Announcement Date 5/25/19 6/4/20 6/4/21 5/24/22 5/29/23 5/24/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,102 8,892 9,495 13,775 3,412 3,015 3,811 4,557
EBITDA 1 842 852 1,753 2,965 -45.9 11.96 333 474
EBIT 1 482 214.3 1,123 2,388 -210.4 -171.5 113 222
Operating Margin 5.3% 2.41% 11.83% 17.34% -6.16% -5.69% 2.97% 4.87%
Earnings before Tax (EBT) 1 197.1 14,133 1,942 2,855 159.2 459.1 789 915
Net income 1 864.4 13,275 1,430 2,262 31.77 383.6 647 750
Net margin 9.5% 149.29% 15.06% 16.42% 0.93% 12.72% 16.98% 16.46%
EPS 2 5.140 - 9.960 - - 2.810 4.700 5.500
Free Cash Flow 1 -256.1 -173.1 2,055 2,614 -173.6 -117 32 55
FCF margin -2.81% -1.95% 21.64% 18.98% -5.09% -3.66% 0.84% 1.21%
FCF Conversion (EBITDA) - - 117.23% 88.17% - - 9.61% 11.6%
FCF Conversion (Net income) - - 143.69% 115.57% - - 4.95% 7.33%
Dividend per Share 2 5.000 10.00 2.500 5.500 - 1.000 1.000 -
Announcement Date 5/25/19 6/4/20 6/4/21 5/24/22 5/29/23 5/24/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,534 2,755 3,010 3,142 3,929 3,750 4,048 3,922 4,546 600.5 912 767 781
EBITDA - - - - - - - - - - - 89 7
EBIT 1 330.4 527.5 566 592.1 681.1 568.9 562 511.1 716.9 -158.4 9 -38 -
Operating Margin 13.04% 19.15% 18.8% 18.85% 17.33% 15.17% 13.88% 13.03% 15.77% -26.38% 0.99% -4.95% -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 1 - 465.2 - - - - 443.2 - - - 126 177 106
Net margin - 16.88% - - - - 10.95% - - - 13.82% 23.08% 13.57%
EPS 2 - - - - - - 3.200 - - - 0.9000 1.300 0.8000
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/5/21 6/4/21 7/30/21 11/10/21 1/28/22 5/24/22 7/28/22 10/28/22 1/31/23 5/29/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 174 - - - - - - -
Net Cash position - - - - 6,207 - - -
Leverage (Debt/EBITDA) 0.2066 x - - - - - - -
Free Cash Flow 1 -256 -173 2,055 2,614 -174 -117 32 55
ROE (net income / shareholders' equity) 11.3% 113% 9.05% 14.3% 0.53% 0.3% 6.1% 6.7%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 49.50 107.0 116.0 113.0 74.00 76.40 79.60 83.70
Cash Flow per Share - - - - - - - -
Capex 1 731 646 280 259 212 298 200 320
Capex / Sales 8.03% 7.27% 2.95% 1.88% 6.22% 9.33% 5.25% 7.02%
Announcement Date 5/25/19 6/4/20 6/4/21 5/24/22 5/29/23 5/24/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
1
Last Close Price
103.4 INR
Average target price
110 INR
Spread / Average Target
+6.38%
Consensus