NIIT Learning Systems Ltd.
•₹ 228.8-1.15%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 21.8%
- Company has delivered good sales growth of 110.0% CAGR over last 5 years
- Latest quarter profit grew 40.0% YoY, showing strong momentum
- Company has been maintaining a healthy dividend payout of 42.7%
CONS
- A large part of profit comes from other income (97.5% of PBT)
- Operating margins have contracted to 11.9% from 27.6%
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | NIITMTS | 236.25 | 12.74 | 3260.32 | 1.38 | 57.41 | 16.45 | 565.08 | 25.20 | 23.20 | 16.45 |
| 2. | NIITLTD | 92.14 | 140.38 | 1262.26 | 1.09 | 7.52 | 79.37 | 95.65 | 13.71 | 1.26 | -3.85 |
| 3. | EXCELSOFT | 71.16 | 17.52 | 818.94 | 0.00 | 92.28 | 1471.26 | 802.63 | 1340.52 | 16.61 | 16.24 |
| 4. | COMPUSOFT | 13.89 | 37.87 | 109.90 | 1.80 | 1.37 | 1.94 | 8.07 | -8.13 | 4.02 | 14.42 |
| 5. | LCCINFOTEC | 3.89 | 0.00 | 65.58 | 0.00 | -0.45 | -1022.45 | 0.01 | -99.13 | -50.00 | -4700.00 |
| 6. | UMESLTD | 5.72 | 38.74 | 15.11 | 0.00 | 0.02 | -16.67 | 0.12 | -7.69 | 2.96 | 24.17 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 96 | 95 | 101 | 108 | 107 | 116 | 130 | 130 | 131 | 134 | 143 | 124 | 139 | |
| 89 | 84 | 88 | 88 | 91 | 99 | 105 | 112 | 117 | 120 | 121 | 112 | 129 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 17 | 13 | 49 | 17 | 16 | 58 | 18 | 21 | 24 | 61 | 20 | 18 | 28 |
| Interest | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 4 | 5 | 5 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 11 | 11 | 11 |
| 19 | 18 | 56 | 30 | 25 | 67 | 34 | 29 | 27 | 63 | 16 | 18 | 38 | |
| Tax % | 23.05% | 24.85% | 9.87% | 24.83% | 25.94% | 6.91% | 24.65% | 22.64% | 25.04% | 8.38% | 21.96% | 24.86% | 24.81% |
| Net Profit | 15 | 14 | 51 | 23 | 18 | 62 | 26 | 23 | 20 | 58 | 13 | 14 | 28 |
| 1 | 1 | 4 | 2 | 1 | 5 | 2 | 2 | 1 | 4 | 1 | 1 | 0 | |
| Equity Capital | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 28 | 28 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 28 | 28 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 96
- 89
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 0
- Depreciation
- 4
- 19
- Tax %
- 23.05%
- Net Profit
- 15
- 1
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 95
- 84
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 0
- Depreciation
- 5
- 18
- Tax %
- 24.85%
- Net Profit
- 14
- 1
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 101
- 88
- Operating Profit
- —
- OPM %
- —
- Other Income
- 49
- Interest
- 0
- Depreciation
- 5
- 56
- Tax %
- 9.87%
- Net Profit
- 51
- 4
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 108
- 88
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 2
- Depreciation
- 5
- 30
- Tax %
- 24.83%
- Net Profit
- 23
- 2
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 107
- 91
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 1
- Depreciation
- 6
- 25
- Tax %
- 25.94%
- Net Profit
- 18
- 1
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 116
- 99
- Operating Profit
- —
- OPM %
- —
- Other Income
- 58
- Interest
- 1
- Depreciation
- 7
- 67
- Tax %
- 6.91%
- Net Profit
- 62
- 5
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 130
- 105
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 1
- Depreciation
- 8
- 34
- Tax %
- 24.65%
- Net Profit
- 26
- 2
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 130
- 112
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 1
- Depreciation
- 9
- 29
- Tax %
- 22.64%
- Net Profit
- 23
- 2
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 131
- 117
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 1
- Depreciation
- 10
- 27
- Tax %
- 25.04%
- Net Profit
- 20
- 1
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 134
- 120
- Operating Profit
- —
- OPM %
- —
- Other Income
- 61
- Interest
- 1
- Depreciation
- 11
- 63
- Tax %
- 8.38%
- Net Profit
- 58
- 4
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 143
- 121
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 1
- Depreciation
- 11
- 16
- Tax %
- 21.96%
- Net Profit
- 13
- 1
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 124
- 112
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 1
- Depreciation
- 11
- 18
- Tax %
- 24.86%
- Net Profit
- 14
- 1
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 139
- 129
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 1
- Depreciation
- 11
- 38
- Tax %
- 24.81%
- Net Profit
- 28
- 0
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 98 | 59 | 35 | 25 | 13 | 329 | 404 | 400 | 483 | 532 | 539 | |
| 84 | 56 | 39 | 36 | 24 | 292 | 350 | 349 | 419 | 469 | 481 | |
| Operating Profit | 15 | 6 | -1 | -11 | -9 | 77 | 111 | 148 | 188 | 185 | — |
| OPM % | 15 | 9 | -3 | -43 | -71 | 24 | 28 | 37 | 39 | 35 | — |
| Other Income | 0 | 3 | 3 | 1 | 2 | 41 | 58 | 97 | 124 | 122 | 126 |
| Interest | 3 | 6 | 3 | 3 | 2 | 0 | 0 | 3 | 4 | 3 | 3 |
| Depreciation | 7 | 4 | 3 | 4 | 1 | 11 | 9 | 19 | 30 | 43 | 45 |
| 5 | -5 | -6 | -25 | -16 | 66 | 98 | 124 | 155 | 125 | 135 | |
| Tax % | 0 | -0 | 0 | -8 | -0 | 12 | -1 | 18 | 17 | 16 | 17 |
| Net Profit | 5 | -5 | -6 | -27 | -16 | 58 | 99 | 102 | 129 | 105 | 113 |
| EPS | 1 | -1 | -1 | -4 | -2 | 5 | 7 | 8 | 9 | 8 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70 | 32 | 43 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | -1 | -1 | -4 | -1 | 5 | 7 | 8 | 9 | 8 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | -1 | -1 | -4 | -1 | 5 | 7 | 8 | 9 | 8 | — |
Mar 2017
- 98
- 84
- Operating Profit
- 15
- OPM %
- 15
- Other Income
- 0
- Interest
- 3
- Depreciation
- 7
- 5
- Tax %
- 0
- Net Profit
- 5
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2018
- 59
- 56
- Operating Profit
- 6
- OPM %
- 9
- Other Income
- 3
- Interest
- 6
- Depreciation
- 4
- -5
- Tax %
- -0
- Net Profit
- -5
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2019
- 35
- 39
- Operating Profit
- -1
- OPM %
- -3
- Other Income
- 3
- Interest
- 3
- Depreciation
- 3
- -6
- Tax %
- 0
- Net Profit
- -6
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2020
- 25
- 36
- Operating Profit
- -11
- OPM %
- -43
- Other Income
- 1
- Interest
- 3
- Depreciation
- 4
- -25
- Tax %
- -8
- Net Profit
- -27
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2021
- 13
- 24
- Operating Profit
- -9
- OPM %
- -71
- Other Income
- 2
- Interest
- 2
- Depreciation
- 1
- -16
- Tax %
- -0
- Net Profit
- -16
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2022
- 329
- 292
- Operating Profit
- 77
- OPM %
- 24
- Other Income
- 41
- Interest
- 0
- Depreciation
- 11
- 66
- Tax %
- 12
- Net Profit
- 58
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2023
- 404
- 350
- Operating Profit
- 111
- OPM %
- 28
- Other Income
- 58
- Interest
- 0
- Depreciation
- 9
- 98
- Tax %
- -1
- Net Profit
- 99
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2024
- 400
- 349
- Operating Profit
- 148
- OPM %
- 37
- Other Income
- 97
- Interest
- 3
- Depreciation
- 19
- 124
- Tax %
- 18
- Net Profit
- 102
- EPS
- 8
- Dividend Payout %
- 70
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2025
- 483
- 419
- Operating Profit
- 188
- OPM %
- 39
- Other Income
- 124
- Interest
- 4
- Depreciation
- 30
- 155
- Tax %
- 17
- Net Profit
- 129
- EPS
- 9
- Dividend Payout %
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2026
- 532
- 469
- Operating Profit
- 185
- OPM %
- 35
- Other Income
- 122
- Interest
- 3
- Depreciation
- 43
- 125
- Tax %
- 16
- Net Profit
- 105
- EPS
- 8
- Dividend Payout %
- 43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
TTM
- 539
- 481
- Operating Profit
- —
- OPM %
- —
- Other Income
- 126
- Interest
- 3
- Depreciation
- 45
- 135
- Tax %
- 17
- Net Profit
- 113
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 17%
- 5 Years:
- 110%
- 3 Years:
- 10%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 2%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -14%
- 1 Year:
- -31%
RETURN ON EQUITY
- 10 Years:
- -27%
- 5 Years:
- 23%
- 3 Years:
- 19%
- Last Year:
- 15%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 19 | 69 | 69 | 69 | 116 | 116 | 27 | 27 | 27 | 28 |
| -54 | -64 | -71 | -97 | -113 | 246 | 435 | 517 | 617 | 695 | |
| 0 | 25 | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 27 | 27 | 19 | 20 | 11 | 46 | 50 | 47 | 61 | 56 |
| 106 | 11 | 33 | 34 | 5 | 67 | 80 | 139 | 183 | 238 | |
| Total Liabilities | 98 | 68 | 50 | 31 | 19 | 474 | 591 | 730 | 889 | 1,017 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 10 | 6 | 6 | 2 | 0 | 14 | 35 | 80 | 109 | 92 | |
| 0 | 0 | 1 | 0 | 5 | 193 | 377 | 420 | 472 | 571 | |
| 1 | 3 | 4 | 4 | 2 | 1 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85 | 109 | 122 | |
| Cash & Bank | 15 | 8 | 2 | 2 | 2 | 79 | 0 | 10 | 6 | 1 |
| 71 | 50 | 37 | 23 | 10 | 188 | 179 | 136 | 193 | 230 | |
| Total Assets | 98 | 68 | 50 | 31 | 19 | 474 | 591 | 730 | 889 | 1,017 |
| Total Debt | 90 | 25 | 25 | 30 | 0 | 0 | 0 | 0 | 1 | 0 |
| Net Working Capital | 37 | -14 | 9 | -10 | 1 | 249 | 329 | 391 | 492 | 564 |
| Contingent Liabilities | 1 | 48 | 45 | 5 | 0 | 4 | 7 | 7 | 7 | 5 |
| Book Value per Share | -18.29 | 0.67 | -0.21 | -4.03 | 0.24 | 31.28 | 34.30 | 40.18 | 47.36 | 52.54 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 90 | 25 | 25 | 30 | 0 | 0 | 0 | 0 | 1 | 0 |
| Net Working Capital | 37 | -14 | 9 | -10 | 1 | 249 | 329 | 391 | 492 | 564 |
| Contingent Liabilities | 1 | 48 | 45 | 5 | 0 | 4 | 7 | 7 | 7 | 5 |
| Book Value per Share | -18.29 | 0.67 | -0.21 | -4.03 | 0.24 | 31.28 | 34.30 | 40.18 | 47.36 | 52.54 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 19
- -54
- 0
- Trade Payables
- 27
- 106
- Total Liabilities
- 98
- 10
- 0
- 1
- 0
- Cash & Bank
- 15
- 71
- Total Assets
- 98
- Total Debt
- 90
- Net Working Capital
- 37
- Contingent Liabilities
- 1
- Book Value per Share
- -18.29
- Face Value
- 10.00
- Total Debt
- 90
- Net Working Capital
- 37
- Contingent Liabilities
- 1
- Book Value per Share
- -18.29
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 69
- -64
- 25
- Trade Payables
- 27
- 11
- Total Liabilities
- 68
- 6
- 0
- 3
- 0
- Cash & Bank
- 8
- 50
- Total Assets
- 68
- Total Debt
- 25
- Net Working Capital
- -14
- Contingent Liabilities
- 48
- Book Value per Share
- 0.67
- Face Value
- 10.00
- Total Debt
- 25
- Net Working Capital
- -14
- Contingent Liabilities
- 48
- Book Value per Share
- 0.67
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 69
- -71
- 0
- Trade Payables
- 19
- 33
- Total Liabilities
- 50
- 6
- 1
- 4
- 0
- Cash & Bank
- 2
- 37
- Total Assets
- 50
- Total Debt
- 25
- Net Working Capital
- 9
- Contingent Liabilities
- 45
- Book Value per Share
- -0.21
- Face Value
- 10.00
- Total Debt
- 25
- Net Working Capital
- 9
- Contingent Liabilities
- 45
- Book Value per Share
- -0.21
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 69
- -97
- 5
- Trade Payables
- 20
- 34
- Total Liabilities
- 31
- 2
- 0
- 4
- 0
- Cash & Bank
- 2
- 23
- Total Assets
- 31
- Total Debt
- 30
- Net Working Capital
- -10
- Contingent Liabilities
- 5
- Book Value per Share
- -4.03
- Face Value
- 10.00
- Total Debt
- 30
- Net Working Capital
- -10
- Contingent Liabilities
- 5
- Book Value per Share
- -4.03
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 116
- -113
- 0
- Trade Payables
- 11
- 5
- Total Liabilities
- 19
- 0
- 5
- 2
- 0
- Cash & Bank
- 2
- 10
- Total Assets
- 19
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 0.24
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 0.24
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 116
- 246
- 0
- Trade Payables
- 46
- 67
- Total Liabilities
- 474
- 14
- 193
- 1
- 0
- Cash & Bank
- 79
- 188
- Total Assets
- 474
- Total Debt
- 0
- Net Working Capital
- 249
- Contingent Liabilities
- 4
- Book Value per Share
- 31.28
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 249
- Contingent Liabilities
- 4
- Book Value per Share
- 31.28
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 27
- 435
- 0
- Trade Payables
- 50
- 80
- Total Liabilities
- 591
- 35
- 377
- 0
- 0
- Cash & Bank
- 0
- 179
- Total Assets
- 591
- Total Debt
- 0
- Net Working Capital
- 329
- Contingent Liabilities
- 7
- Book Value per Share
- 34.30
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 329
- Contingent Liabilities
- 7
- Book Value per Share
- 34.30
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 27
- 517
- 0
- Trade Payables
- 47
- 139
- Total Liabilities
- 730
- 80
- 420
- 0
- 85
- Cash & Bank
- 10
- 136
- Total Assets
- 730
- Total Debt
- 0
- Net Working Capital
- 391
- Contingent Liabilities
- 7
- Book Value per Share
- 40.18
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 391
- Contingent Liabilities
- 7
- Book Value per Share
- 40.18
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 27
- 617
- 0
- Trade Payables
- 61
- 183
- Total Liabilities
- 889
- 109
- 472
- 0
- 109
- Cash & Bank
- 6
- 193
- Total Assets
- 889
- Total Debt
- 1
- Net Working Capital
- 492
- Contingent Liabilities
- 7
- Book Value per Share
- 47.36
- Face Value
- 2.00
- Total Debt
- 1
- Net Working Capital
- 492
- Contingent Liabilities
- 7
- Book Value per Share
- 47.36
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 28
- 695
- 0
- Trade Payables
- 56
- 238
- Total Liabilities
- 1,017
- 92
- 571
- 0
- 122
- Cash & Bank
- 1
- 230
- Total Assets
- 1,017
- Total Debt
- 0
- Net Working Capital
- 564
- Contingent Liabilities
- 5
- Book Value per Share
- 52.54
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 564
- Contingent Liabilities
- 5
- Book Value per Share
- 52.54
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 47 | 20 | -1 | -2 | -10 | 51 | 64 | 85 | 84 | 104 | |
| Cash from Investing | -5 | -4 | -2 | 0 | -5 | -52 | -63 | -44 | -57 | -70 |
| Cash from Financing | -33 | -24 | -3 | 2 | 14 | -1 | -0 | -32 | -37 | -34 |
| 9 | -7 | -6 | -0 | -0 | -2 | 0 | 9 | -9 | 0 | |
| Free Cash Flow | 47 | 20 | -4 | -4 | -10 | -39 | 40 | 26 | 29 | 78 |
| OCF / Net Profit | 8.77 | -4.22 | 0.23 | 0.08 | 0.61 | 0.87 | 0.64 | 0.83 | 0.65 | 1.00 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 48 | -37 | -18 | 12 | 46 | 133 |
| OCF / Net Profit | 8.77 | -4.22 | 0.23 | 0.08 | 0.61 | 0.87 | 0.64 | 0.83 | 0.65 | 1.00 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 48 | -37 | -18 | 12 | 46 | 133 |
Mar 2017
- 47
- Cash from Investing
- -5
- Cash from Financing
- -33
- 9
- Free Cash Flow
- 47
- OCF / Net Profit
- 8.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 8.77
- Cumulative 5-Year FCF
- 0
Mar 2018
- 20
- Cash from Investing
- -4
- Cash from Financing
- -24
- -7
- Free Cash Flow
- 20
- OCF / Net Profit
- -4.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -4.22
- Cumulative 5-Year FCF
- 0
Mar 2019
- -1
- Cash from Investing
- -2
- Cash from Financing
- -3
- -6
- Free Cash Flow
- -4
- OCF / Net Profit
- 0.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.23
- Cumulative 5-Year FCF
- 0
Mar 2020
- -2
- Cash from Investing
- 0
- Cash from Financing
- 2
- -0
- Free Cash Flow
- -4
- OCF / Net Profit
- 0.08
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.08
- Cumulative 5-Year FCF
- 0
Mar 2021
- -10
- Cash from Investing
- -5
- Cash from Financing
- 14
- -0
- Free Cash Flow
- -10
- OCF / Net Profit
- 0.61
- Cumulative 5-Year FCF
- 48
- OCF / Net Profit
- 0.61
- Cumulative 5-Year FCF
- 48
Mar 2022
- 51
- Cash from Investing
- -52
- Cash from Financing
- -1
- -2
- Free Cash Flow
- -39
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- -37
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- -37
Mar 2023
- 64
- Cash from Investing
- -63
- Cash from Financing
- -0
- 0
- Free Cash Flow
- 40
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- -18
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- -18
Mar 2024
- 85
- Cash from Investing
- -44
- Cash from Financing
- -32
- 9
- Free Cash Flow
- 26
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 12
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 12
Mar 2025
- 84
- Cash from Investing
- -57
- Cash from Financing
- -37
- -9
- Free Cash Flow
- 29
- OCF / Net Profit
- 0.65
- Cumulative 5-Year FCF
- 46
- OCF / Net Profit
- 0.65
- Cumulative 5-Year FCF
- 46
Mar 2026
- 104
- Cash from Investing
- -70
- Cash from Financing
- -34
- 0
- Free Cash Flow
- 78
- OCF / Net Profit
- 1.00
- Cumulative 5-Year FCF
- 133
- OCF / Net Profit
- 1.00
- Cumulative 5-Year FCF
- 133
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.80 | -0.69 | -0.88 | -3.86 | -1.40 | 5.06 | 7.38 | 7.54 | 9.46 | 7.61 |
| Book Value (₹) | -18.29 | 0.67 | -0.21 | -4.03 | 0.24 | 31.28 | 34.30 | 40.18 | 47.36 | 52.54 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.25 | 3.00 | 3.25 |
| Cash EPS (₹) | 6.65 | -0.07 | -0.44 | -3.35 | -1.33 | 6.00 | 8.06 | 8.97 | 11.67 | 10.77 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 14.92% | 9.44% | -3.37% | -42.81% | -71.11% | 23.55% | 27.56% | 12.73% | 13.24% | 11.88% |
| Net Margin % | 5.43% | -7.99% | -17.27% | -108.52% | -123.80% | 17.80% | 24.58% | 25.51% | 26.63% | 19.67% |
| ROE % | 0.00% | 0.00% | -388.22% | 0.00% | 0.00% | 32.11% | 24.12% | 20.30% | 21.66% | 15.30% |
| ROCE % | 11.72% | 3.11% | -9.98% | -166.43% | -575.74% | 35.05% | 22.68% | 23.65% | 24.67% | 17.03% |
| 4.75% | -5.70% | -10.26% | -65.74% | -65.29% | 23.73% | 18.64% | 15.45% | 15.90% | 10.98% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 233 | 247 | 285 | 300 | 288 | 43 | 79 | 87 | 73 | 79 |
| Inventory Days | 6 | 15 | 39 | 60 | 82 | 1 | 0 | 0 | 0 | 0 |
| Payable Days | 896 | 1115 | 1216 | 1184 | 3337 | 7131 | 0 | 0 | 0 | 4697 |
| -657 | -853 | -892 | -823 | -2967 | -7087 | 80 | 87 | 73 | -4617 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | -2.58x | 5.43x | -16.91x | -1.08x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 3.04x | 0.22x | -0.78x | -6.32x | -7.93x | 278.09x | 405.23x | 44.32x | 44.32x | 41.50x |
| 1.92x | 0.77x | 1.33x | 0.68x | 1.04x | 3.29x | 3.98x | 4.10x | 4.87x | 4.91x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -7.80% | -39.61% | -40.75% | -30.09% | -46.94% | 2422.19% | 22.91% | -0.89% | 20.82% | 10.02% |
| Operating Profit Growth % | 62.42% | -61.80% | -121.19% | -786.95% | 11.87% | 935.36% | 43.85% | 32.70% | 27.57% | -1.87% |
| Net Profit Growth % | 416.39% | -188.83% | -28.05% | -339.17% | 39.47% | 462.70% | 69.73% | 2.83% | 26.11% | -18.72% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.21% | 25.43% | -19.55% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 67.02x | 43.24x | 34.45x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.58x | 8.64x | 4.99x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.04% | 0.73% | 1.24% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 46.25x | 29.52x | 19.49x |
Mar 2017
- EPS (₹)
- 2.80
- Book Value (₹)
- -18.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.65
- Operating Margin %
- 14.92%
- Net Margin %
- 5.43%
- ROE %
- 0.00%
- ROCE %
- 11.72%
- 4.75%
- Debtor Days
- 233
- Inventory Days
- 6
- Payable Days
- 896
- -657
- Debt to Equity (x)
- -2.58x
- Interest Coverage (x)
- 3.04x
- 1.92x
- Revenue Growth %
- -7.80%
- Operating Profit Growth %
- 62.42%
- Net Profit Growth %
- 416.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -0.69
- Book Value (₹)
- 0.67
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.07
- Operating Margin %
- 9.44%
- Net Margin %
- -7.99%
- ROE %
- 0.00%
- ROCE %
- 3.11%
- -5.70%
- Debtor Days
- 247
- Inventory Days
- 15
- Payable Days
- 1115
- -853
- Debt to Equity (x)
- 5.43x
- Interest Coverage (x)
- 0.22x
- 0.77x
- Revenue Growth %
- -39.61%
- Operating Profit Growth %
- -61.80%
- Net Profit Growth %
- -188.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -0.88
- Book Value (₹)
- -0.21
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.44
- Operating Margin %
- -3.37%
- Net Margin %
- -17.27%
- ROE %
- -388.22%
- ROCE %
- -9.98%
- -10.26%
- Debtor Days
- 285
- Inventory Days
- 39
- Payable Days
- 1216
- -892
- Debt to Equity (x)
- -16.91x
- Interest Coverage (x)
- -0.78x
- 1.33x
- Revenue Growth %
- -40.75%
- Operating Profit Growth %
- -121.19%
- Net Profit Growth %
- -28.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -3.86
- Book Value (₹)
- -4.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -3.35
- Operating Margin %
- -42.81%
- Net Margin %
- -108.52%
- ROE %
- 0.00%
- ROCE %
- -166.43%
- -65.74%
- Debtor Days
- 300
- Inventory Days
- 60
- Payable Days
- 1184
- -823
- Debt to Equity (x)
- -1.08x
- Interest Coverage (x)
- -6.32x
- 0.68x
- Revenue Growth %
- -30.09%
- Operating Profit Growth %
- -786.95%
- Net Profit Growth %
- -339.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -1.40
- Book Value (₹)
- 0.24
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.33
- Operating Margin %
- -71.11%
- Net Margin %
- -123.80%
- ROE %
- 0.00%
- ROCE %
- -575.74%
- -65.29%
- Debtor Days
- 288
- Inventory Days
- 82
- Payable Days
- 3337
- -2967
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -7.93x
- 1.04x
- Revenue Growth %
- -46.94%
- Operating Profit Growth %
- 11.87%
- Net Profit Growth %
- 39.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 5.06
- Book Value (₹)
- 31.28
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.00
- Operating Margin %
- 23.55%
- Net Margin %
- 17.80%
- ROE %
- 32.11%
- ROCE %
- 35.05%
- 23.73%
- Debtor Days
- 43
- Inventory Days
- 1
- Payable Days
- 7131
- -7087
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 278.09x
- 3.29x
- Revenue Growth %
- 2422.19%
- Operating Profit Growth %
- 935.36%
- Net Profit Growth %
- 462.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 7.38
- Book Value (₹)
- 34.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.06
- Operating Margin %
- 27.56%
- Net Margin %
- 24.58%
- ROE %
- 24.12%
- ROCE %
- 22.68%
- 18.64%
- Debtor Days
- 79
- Inventory Days
- 0
- Payable Days
- 0
- 80
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 405.23x
- 3.98x
- Revenue Growth %
- 22.91%
- Operating Profit Growth %
- 43.85%
- Net Profit Growth %
- 69.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 7.54
- Book Value (₹)
- 40.18
- Dividend per Share (₹)
- 5.25
- Cash EPS (₹)
- 8.97
- Operating Margin %
- 12.73%
- Net Margin %
- 25.51%
- ROE %
- 20.30%
- ROCE %
- 23.65%
- 15.45%
- Debtor Days
- 87
- Inventory Days
- 0
- Payable Days
- 0
- 87
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 44.32x
- 4.10x
- Revenue Growth %
- -0.89%
- Operating Profit Growth %
- 32.70%
- Net Profit Growth %
- 2.83%
- 2.21%
- P/E (x)
- 67.02x
- P/B (x)
- 12.58x
- Dividend Yield %
- 1.04%
- 46.25x
Mar 2025
- EPS (₹)
- 9.46
- Book Value (₹)
- 47.36
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 11.67
- Operating Margin %
- 13.24%
- Net Margin %
- 26.63%
- ROE %
- 21.66%
- ROCE %
- 24.67%
- 15.90%
- Debtor Days
- 73
- Inventory Days
- 0
- Payable Days
- 0
- 73
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 44.32x
- 4.87x
- Revenue Growth %
- 20.82%
- Operating Profit Growth %
- 27.57%
- Net Profit Growth %
- 26.11%
- 25.43%
- P/E (x)
- 43.24x
- P/B (x)
- 8.64x
- Dividend Yield %
- 0.73%
- 29.52x
Mar 2026
- EPS (₹)
- 7.61
- Book Value (₹)
- 52.54
- Dividend per Share (₹)
- 3.25
- Cash EPS (₹)
- 10.77
- Operating Margin %
- 11.88%
- Net Margin %
- 19.67%
- ROE %
- 15.30%
- ROCE %
- 17.03%
- 10.98%
- Debtor Days
- 79
- Inventory Days
- 0
- Payable Days
- 4697
- -4617
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 41.50x
- 4.91x
- Revenue Growth %
- 10.02%
- Operating Profit Growth %
- -1.87%
- Net Profit Growth %
- -18.72%
- -19.55%
- P/E (x)
- 34.45x
- P/B (x)
- 4.99x
- Dividend Yield %
- 1.24%
- 19.49x
Documents
Announcements
- Press Release
2026-08-19 - Press release dated August 19, 2026.
- Copy of Newspaper Publication
2026-08-15 - Newspaper advertisements for dispatch of Notice of 24th Annual General Meeting and Annual Report for financial year 2025-26 & e-Voting information.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026
May 2026
Feb 2026