Arthneeti

NIIT Q2 FY27 Share Price & Earnings Call Analysis

₹69.31+3.82% today
Market cap
₹950 Cr
P/E
93.22
ROE
0.87%
PEG
2.25
Price to sales
2.41
Debt to equity
0.00
52W high / low
₹107 / ₹50.4
Sales growth (5Y)
-16.47%
EBITDA margin
-1.20%
Net profit margin
2.70%
Promoter holding
41.78%
Sales (last year)
₹395 Cr

Guidance scorecard · Q2 FY27 call

What NIIT's management guided
and where it ranks in Other Consumer Services

#10of 11 in
Other Consumer Services
Revenue10–20%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookRising

RevenueQ1 FY27 call

10–20%
  • NIIT Limited expects double-digit revenue growth year-on-year in Q2 FY27, continuing the momentum from Q1 FY27.
  • Strong order intake momentum and pipeline indicate continued revenue growth for FY27 over FY26.
  • Growth is driven by AI-led programs which now contribute about 9% of overall revenue, with continued scaling of AI training and new GrowthPro offerings.
  • Expansion in enterprise tech training, up 16% YoY, and consumer tech training, up 15% YoY, supports broader customer base growth.
  • New logos and digital engagement are increasing, particularly in AI and tech sectors.
  • BFSI (Banking, Financial Services, Insurance) segment is recovering with diversification beyond top banks.
  • Focus on outcome-based, role-evolution programs to capture structural growth in skilling.

2 more points from NIIT's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what NIIT said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • NIIT is past the peak on capital investment in platform in the current investment cycle.
  • Capital expenditure (Capex) for Q1 FY27 was INR 66 million.
  • They expect capital expenditure to moderate going forward from this point.
  • NIIT continues to follow a disciplined approach to evaluating inorganic opportunities that enhance capabilities, channels, and/or intellectual property, with a clear path to returns and cash flow.

2 more points from NIIT's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what NIIT said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising
  • Order intake in Q1 FY27 was strong at INR 953 million, indicating a healthy pipeline.
  • The company is seeing improved consumption of its differentiated outcome-oriented offerings across technology and BFSI sectors.
  • NIIT is actively broadening its customer base beyond traditional banks, engaging with insurance, NBFC, wealth, and Gen AI sectors.
  • The pipeline for new logos and AI-driven programs continues to build positively.
  • Management highlighted ongoing efforts to capture structural growth opportunities through organic scaling and inorganic opportunities.

2 more points from NIIT's call on the order book

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Full Q1 FY27 analysis
Full Other Consumer Services ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Other Consumer Services
on management's own guidance

  1. PhysicswallahGood growth
    2
  2. Mach Travel SolutionsGood growth
    1
  3. Vinsys IT Serv.Good growth
    3
See all potential multibaggersWhere does NIIT rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Other Consumer Services companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Mach Travel Solutions20–40%Up 0–2%₹505 Cr25.0
2Physicswallah20–40%Flat₹37,519 Cr613.9
3Vinsys IT Serv.20–40%Flat₹900 Cr30.3
420–40%Flat₹285 Cr25.7
520–40%Flat₹250 Cr—
620–40%Flat₹65 Cr18.4

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Pro shows every company guiding 40%+ revenue growth →Full Other Consumer Services ranking

Financials of NIIT

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

NIIT

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +34.73%34.71%34.66%37.25%37.21%37.19%37.16%37.00%36.97%36.97%40.87%41.78%
FIIs +18.44%18.17%17.43%13.58%13.46%12.50%12.21%11.75%11.25%10.11%8.06%8.10%
DIIs +12.69%12.58%12.56%11.51%11.51%11.51%11.26%11.20%11.17%11.17%11.14%11.05%
Government +0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public +34.10%34.50%35.34%37.63%37.82%38.80%39.37%40.03%40.59%41.73%39.91%39.04%
No. of Shareholders1,09,0961,13,1551,11,1911,13,5901,10,1181,11,6591,13,3311,13,0151,12,0951,09,7081,08,1841,04,616

Financials of NIIT

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +81.4185.1874.3482.4890.7198.1186.2984.12104.95101.3799.7495.6598.22
Expenses +79.9878.0673.8483.5891.7691.2287.7893.96106.13102.27101.2099.3396.92
Operating Profit1.437.120.50-1.10-1.056.89-1.49-9.84-1.18-0.90-1.46-3.681.30
OPM %1.76%8.36%0.67%-1.33%-1.16%7.02%-1.73%-11.70%-1.12%-0.89%-1.46%-3.85%1.32%
Other Income +14.6916.2517.7816.6721.0316.8524.1421.7310.9515.227.5020.418.03
Interest0.310.290.500.350.360.350.210.260.230.240.310.240.22
Depreciation4.494.814.995.555.656.115.936.687.257.617.429.6010.34
Profit before tax11.3218.2712.799.6713.9717.2816.514.952.296.47-1.696.89-1.23
Tax %6.27%17.52%10.95%15.31%13.03%19.04%17.02%15.35%71.18%29.52%106.51%-9.00%49.59%
Net Profit +10.6115.0611.398.2012.1413.9913.704.190.654.57-3.487.52-1.84
EPS in Rs0.791.060.830.570.870.990.970.320.100.29-0.320.59-0.16

Financials of NIIT

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +9531,002845850865889960251341303358390395
Expenses +927929785780796835799248345302354403400
Operating Profit2673607170541613-313-13-5
OPM %2.7%7%7%8%8%6%17%1.0%-1.0%0.5%1.0%-3.4%-1.2%
Other Income +-68774751001,408852363464785551
Interest1724282223209112111
Depreciation107494640336059151618232935
Profit before tax-166761841141,3831772211345571210
Tax %1%50%30%24%24%4%19%-4%36%13%16%51%
Net Profit +-140704264871,3271442308404867
EPS in Rs-8.394.062.473.755.1793.8110.0516.890.242.843.400.390.40
Dividend Payout %0%0%0%0%97%11%25%18%212%26%29%258%

Financials of NIIT

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital33333333332828272727272727
Reserves6977726506908001,4921,6121,4889691,0071,0521,0431,041
Borrowings +1551951771782071665825138675
Other Liabilities +284337509481425352452566131122118176165
Total Liabilities1,1681,3371,3701,3821,4652,0392,1512,1071,1401,1631,2041,2531,238
Fixed Assets +110107194219228357310371245260258350363
CWIP421528532056161632230
Investments5265825866042844859722572586678656642
Other Assets +5276465755311,1828189781,008306302236224233
Total Assets1,1681,3371,3701,3821,4652,0392,1512,1071,1401,1631,2041,2531,238

Financials of NIIT

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +317011188465123628829297
Cash from Investing Activity +-19-67-48-63-54746-50229-2263-268
Cash from Financing Activity +-616-43-211-809-98-386-34-23-10-20
Net Cash Flow519204-7-1288131-258-10-7-4
Free Cash Flow-6-194924-28-14207262-19-23-9-25
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit168%105%187%146%69%100%145%13,381%-536%1,462%529%-128%

Financials of NIIT

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7288737170565527533465154
Inventory Days312221
Days Payable980971959
Cash Conversion Cycle-8778873717056552753346-898-885
Working Capital Days223-30-65-303-25-109391514-15
ROCE %-8%3%9%12%14%3%8%0%1%5%6%2%

Guidance history

How NIIT's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlanned—Rising
Q4 FY26 call →10–20%Up 0–2%Planned—Rising
Q3 FY26 call →10–20%Down 0–2%Planned—Flat
Q2 FY26 call →10–20%FlatPlanned—Rising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

15out of 100

Momentum score · price trend

15 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−33.7%18%
Last 6 months−1.3%52%
Last 3 months−28.4%6%

The price is 68.9% below its all-time high of ₹223.05 (29 Nov 2024). Stocks more than 20% below their peak have their score halved, so 29 became 15.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For NIIT: 0.4 × 18 + 0.4 × 52 + 0.2 × 6 = 29, halved to 15 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What NIIT's management said in earlier quarters

Others in Other Consumer Services this season

  • NIIT Learning (Q2 FY27)

    Net Revenue in Q2 FY27: INR 5,286 million, up 11% YoY from INR 4,757 million in Q2 FY26 (Page 7). Key investor presentation takeaways from NIIT Learning Systems

  • Arihant Academy (Q2 FY27)

    For the quarter ended 30th September 2026, consolidated revenue from operations was ₹2,051.21 lakhs, up from approximately ₹1,864.90 lakhs in the standalone…

  • Tree House Edu. (Q2 FY27)

    Year-on-year change in quarterly revenue: approximately -21.9% decline (82.63 vs 105.84 lakhs) . Key results statement takeaways from Tree House Education & Acc

  • Zee Learn (Q2 FY27)

    Proceeds from issue of equity shares (including securities premium) amounting to ₹330.07 lakhs (page 11). Key results statement takeaways from Zee Learn Ltd's Q

Compare:vs Physicswallahvs SISvs Shanti Educat.