NIITLTD
NIIT share price & financials
- Price
- ₹94.91
- Market cap
- ₹1.3k Cr
- Sector
- Consumer Services
- Calls analysed
- 6
NIIT Q1 FY27
What went well
- Revenue grew 14% YoY to INR 957 million, driven by strong performance in both enterprise and consumer segments.
- EBITDA significantly improved from negative INR 63 million in Q1 FY26 to negative INR 14 million in Q1 FY27.
- Profit After Tax (PAT) increased by 85% YoY to INR 81 million, with EPS up 84% YoY to INR 0.60.
What to watch
- EBITDA remained negative at INR 14 million, though significantly improved from the prior year.
- Fresher onboarding and training remained volatile, and L&D budgets at large private banks continued to be constrained.
What NIIT does
NIIT is a skilling and talent-transformation company that designs and delivers technology and BFSI (banking, financial services, insurance) training programs. It serves two customer-facing businesses: an Enterprise Business covering corporates, GCCs and banks, and a Consumer Business covering individual working professionals and students, earning revenue from program sales and order intake for reskilling, upskilling and campus-to-corporate onboarding. Its offerings span GenAI/Agentic-AI skilling, deep technical reskilling delivered through its StackRoute and RPS platforms, and an edtech-and-hiring platform bolstered by the iamneo acquisition that helps colleges bridge students into corporate roles.
Segments
- Enterprise Business
- Consumer Business
- Technology programs
- BFSI & Other programs
- New enterprise clients added (FY26)
- 64
- New university/college partnerships added (FY26)
- 20
- New AI programs launched (Q4 FY26)
- 4
- iamneo acquisition
- Ed-tech and campus hiring platform, integrated into the NIIT group from Q1 FY26
Guidance record · Q1 FY27
what the last two calls moved 18 tracked 7 delivered 3 missed 8 open- Q2 FY26 Sequential Revenue Growth delivered said Q1 FY26 Promised: 13% to 16% Q1 FY27: Promise period concluded in Q2 FY26. Final result was achieved.
- FY26 Revenue Growth missed said Q4 FY25 Promised: over 25% Q1 FY27: Promise period concluded in FY26. Final result was a miss.
- Investment Phase Duration on track said Q1 FY26 Promised: at least the next 4 to 8 quarters Q1 FY27: This is the 5th quarter since the promise was made. Management confirmed they are past the peak of capex but still investing, which is consistent with the '4 to 8 quarters' timeline.
All 18 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 13.7%, net profit up 79.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 91 | 98 | 86 | 84 | 105 +16% | 101 +3% | 100 +16% | 96 +14% |
| EBITDA | -1 | 7 | -1 | -10 | -1 −12% | -1 −113% | -1 +2% | -4 +63% |
| Net profit | 12 | 14 | 14 | 4 | 1 −95% | 5 −67% | -3 −125% | 8 +79% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −17.3% 1Y
1Y: ₹111.84 on 10 Sept 2025 → ₹92.49. High ₹112.33 (18 Sept 2025), low ₹50.38 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- +0.7%
- 21 Jul
- Q4 FY26
- −4.9%
- 14 May
- Q3 FY26
- −1.5%
- 30 Jan
- Q2 FY26
- −0.6%
- 28 Oct
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 4.6% a year over 3 years, FY23 to FY26. Operating margin narrowed to -3.4%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹341 Cr | ₹303 Cr | ₹358 Cr | ₹390 Cr |
| Operating profit | ₹-4 Cr | ₹1 Cr | ₹3 Cr | ₹-13 Cr |
| Operating margin | -1.0% | 0.4% | 0.9% | -3.4% |
| Interest | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹16 Cr | ₹18 Cr | ₹23 Cr | ₹29 Cr |
| Net profit | ₹8 Cr | ₹39 Cr | ₹48 Cr | ₹6 Cr |
| Net margin | 2.5% | 13.0% | 13.4% | 1.5% |
| Cash from operations | ₹2 Cr | ₹9 Cr | ₹29 Cr | ₹12 Cr |
| Free cash flow | ₹-19 Cr | ₹-23 Cr | ₹-9 Cr | ₹-20 Cr |
| ROCE | 1.0% | 5.0% | 6.0% | 2.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹28 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr |
| Reserves | ₹1.6k Cr | ₹1.5k Cr | ₹969 Cr | ₹1.0k Cr | ₹1.0k Cr | ₹1.0k Cr |
| Borrowings | ₹58 Cr | ₹25 Cr | ₹13 Cr | ₹8 Cr | ₹7 Cr | ₹7 Cr |
| Other liabilities | ₹452 Cr | ₹566 Cr | ₹131 Cr | ₹122 Cr | ₹172 Cr | ₹176 Cr |
| Total liabilities | ₹2.2k Cr | ₹2.1k Cr | ₹1.1k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.3k Cr |
| Fixed assets | ₹310 Cr | ₹371 Cr | ₹245 Cr | ₹260 Cr | ₹370 Cr | ₹350 Cr |
| Capital work in progress | ₹5 Cr | ₹6 Cr | ₹16 Cr | ₹16 Cr | ₹0 Cr | ₹23 Cr |
| Investments | ₹859 Cr | ₹722 Cr | ₹572 Cr | ₹586 Cr | ₹616 Cr | ₹656 Cr |
| Other assets | ₹978 Cr | ₹1.0k Cr | ₹306 Cr | ₹302 Cr | ₹262 Cr | ₹224 Cr |
| Total assets | ₹2.2k Cr | ₹2.1k Cr | ₹1.1k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.3k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Mutual funds in NIITLTD
Filings to Aug 2026
0 new, 0 added, 0 trimmed, 0 sold out — net +0.00 L shares (+0.0%).
- Held by funds
- ₹113 Cr
- 1 schemes
- Biggest holder
- Nippon India Small Cap Fund
- ₹113 Cr · 0.1% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹113 Cr | held | Sep '12 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
0 added, 0 trimmed — net 0 shares (+0.0%)
- Funds are sitting on
- -37%
- vs est. average cost
- Held by funds
- ₹113 Cr
- 1 schemes · ≈ 8.1% of the company
Shares held by these funds 0%
Aug '23 1.11 cr shares Jul '26
All earnings calls (6)
Read the Q1 FY27 call →Learn to analyse NIIT
Guides on how to read this kind of business and the numbers that matter.