NIITMTSConsumer Discretionary

NIIT Learning Systems Limited

Education · ISIN INE342G01023 · BSE 543952 · NSE EQ · FV ₹2
Last price
₹166
-0.11%today
What this company does

NIIT Learning Systems Limited operates in Education, part of the Consumer Discretionary sector. It booked ₹529 cr of revenue in its latest quarter (Q2 FY27) and kept 7.1% of sales as profit. It is the largest of 9 Education companies we track, by market value.

67out of 100
Equitytale Health Score
Solid

Healthier than 67% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 69–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
32

At close. Not part of the score.

Profitability & returns58

How much profit it earns on the money it employs

Balance sheet65

How much it owes, and whether earnings cover the interest

Cash quality49

Whether reported profit actually arrives as cash

Valuation90

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 11% vs last year
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 7.1% net margin
! Profit down 21% vs last year

What if I invest in NIITMTS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹166▼ -0.11%
latest close · 2026-11-04
52-wk low ₹15574 sessions so far52-wk high ₹254
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio15.4Average
LowAverageHigh
P/B ratio1.41Moderate
Below bookModerateHigh
EV / EBITDA6.6Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity9.2%Fair
WeakFairStrong ▸15%
Return on capital11.7%Fair
WeakFairStrong
Net margin7.1%Decent
ThinDecentStrong
EBITDA margin15.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.15Comfortable
LowModerateHigh ▸1
Interest cover6.9×Strong
RiskyOkayStrong ▸5×
Current ratio1.85Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,299 cr
Book value
₹118
EPS
₹2.70
latest quarter
Net debt
₹-120 cr
more cash than debt
Enterprise value
₹2,179 cr
EBITDA
₹328 cr
annualised
EBIT
₹238 cr
annualised
Operating margin
11.3%
Return on assets
4.9%
Earnings yield
6.49%
P/S
1.09
Sales / share
₹153.0
Tax rate
26.8%
Face value
₹2
Shares
13.8 cr
Working capital
₹872 cr
Current assets
₹1,897 cr
Current liabilities
₹1,025 cr
Delivery %
52.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Priced about rightMedium confidence
Median of 3 models ₹183 vs market price ₹166 — price is 9% below it
Safety cushion+9.1%(target ≥ +20%)
Models span ₹176–₹198, midpoint ₹183
Model ₹183
Price ₹166
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹529 cr
Other Income₹6 cr
Total Income₹534 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹6 cr
Employee Benefit Expense₹248 cr
Finance Costs₹9 cr
Depreciation & Amortisation₹22 cr
Other Expenses₹195 cr
Total Expenses₹480 cr
Exceptional Items₹-3 cr
Profit before Tax₹51 cr
Tax Expense₹14 cr
Net Profit₹37 cr
Net margin on total income7.0%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹6 cr1.1%
Employee benefit expense₹248 cr46.7%
Finance costs₹9 cr1.6%
Depreciation & amortisation₹22 cr4.2%
Other expenses₹195 cr36.8%
Tax expense₹14 cr2.6%
Profit for the period₹37 cr7.0%
Total income ₹534 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue525 cr565 cr529 cr
Total income529 cr582 cr534 cr
Expenses464 cr502 cr480 cr
Profit before tax94 cr78 cr51 cr
Tax17 cr21 cr14 cr
Net profit (owners' share)77 cr57 cr37 cr
Net margin (owners' share, on revenue)14.7%10.2%7.1%
EPS (₹)5.614.172.70
YoY (latest quarter): total income +10.4% · net profit -20.5%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹3,062 cr
Shareholder equity
₹1,630 cr
parent shareholders
Total debt
₹240 cr
Cash
₹360 cr
Cash flow · H1 FY27
Operating
₹88 cr
Investing
₹-42 cr
Financing
₹-83 cr
Peer comparison
Education · by market value
CompanyPriceMarket capP/E
NIIT Learning Systems Limitedthis company₹167₹2,302 cr15.4
NIIT Limited₹69₹946 cr—
Aptech Limited₹80₹465 cr15.2
Career Point Edutech Limited₹167₹304 cr8.6
CL Educate Limited₹46₹251 cr7.6
Zee Learn Limited₹6₹194 cr—
Compucom Software Limited₹13₹100 cr18.5
Tree House Education & Accessories Limited₹6₹25 cr—
DSJ Keep Learning Limited₹1₹21 cr33.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.95%
trailing 12 months
Dividend / share (TTM)
₹3.25
Last dividend
₹3.25
ex 20 Aug 2026
ActionDetailEx-date
Dividend₹3.25 / share20 Aug 2026
Dividend₹3 / share4 Sep 2025
Dividend₹2.75 / share5 Sep 2024
Dividend₹2.5 / share10 Nov 2023
Who owns it · 2026-09-30
No pledge
Promoter
34.2%
FII / Foreign
13.6%
DII / Domestic
24.4%
Retail / others
27.8%
Promoter stake down 0.6% over the last 12 quarters.
Smart-money activity
Insider trades
SoldBimal K Jain · Designated Person3,040 · ₹7.1 L15 Sep 26
SoldPrakash Ramachandran · Designated Person3,530 · ₹8.2 L15 Sep 26
SoldBimal K Jain · Designated Person4,000 · ₹9.1 L11 Sep 26
Bulk / block deals
short— · NSE653 Sep 26
short— · NSE10010 Dec 25
short— · NSE2020 Aug 25
Stake changes
BoughtUTI Mutual Fund→ 5.00% · 26,34220 Feb 26
Bought238 Plan Associates LLC · promoter→ 0.76% · 10.18 L8 Aug 23
BoughtMassachusetts Institute of Technology · promoter→ 5.75% · 77.42 L8 Aug 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 9 Sep 2026
See the official result
1
To receive, consider and adopt: a) the audited standalone financial statements of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon; and b) the audited consolidated financial statements of the Company for the financial year ended March 31, 2026, and the report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
4.13 cr votes for, 773 against · 0% of mutual funds and other big investors said no
2
To declare dividend on Equity Shares of the Company for the financial year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
4.14 cr votes for, 766 against · 0% of mutual funds and other big investors said no
3
To appoint Mr. Rajendra Singh Pawar (DIN: 00042516), as a director, who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
4.13 cr votes for, 1.45 L against · 0% of mutual funds and other big investors said no
4
To appoint Mr. Vijay Kumar Thadani (DIN: 00042527), as a director, who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
4.14 cr votes for, 44,542 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 38 named members
owning 33.8% between them · as of 2026-09-30
VIJAY KUMAR THADANI AS TRUSTEE OF THADANI FAMILY TRUST16.76%
RAJENDRA SINGH PAWAR AS TRUSTEE OF PAWAR FAMILY TRUST16.36%
ARVIND THAKUR0.41%
RAJENDRA SINGH PAWAR AND NEETI PAWAR0.11%
UDAI PAWAR0.04%
UNNATI PAWAR0.04%
URVASHI PAWAR0.04%
RASINA UBEROI0.01%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.