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    NINtec Systems Limited

    Ahmedabad IT firm offering offshore software development, app maintenance, migration and web design.

    Information Technology
    Information Technology
    ₹720.3
    +23.45% from avg

    Overview

    Price

    ₹720.3

    Market Cap

    ₹1.6k Cr

    Sector

    Information Technology

    Information Technology

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY24FY25FY26FY26
    LiabilitiesEquity Capital19191919
    Reserves16435973
    Borrowings2222
    Other Liabilities23506351
    Total Liabilities60113142144
    AssetsFixed Assets4765
    CWIP0000
    Investments18202536
    Other Assets3886111103
    Total Assets60113142144

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY24FY25FY26
    ActivitiesCash from Operating102426
    Cash from Investing-14-6-13
    Cash from Financing200
    SummaryCapital Expenditure
    Free Cash Flow71826
    FCF Margin

    Valuation

    Assumptions

    Current — NINSYS
    Price
    ₹720
    EPS (TTM)
    ₹16.35
    PE (TTM)
    44.1
    Profit growth
    15.4%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (31.8×) and current (44.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹720
    vs
    Fair value · 15% return
    ₹472
    34%Overvalued

    At 15.4% growth and a 32× exit, ₹720 only delivers your return if you pay ₹472. The price is currently baking in 25% growth.

    EPS grows 15.4%/yr for 5 years, then fades to 6% over 2, exits at 32×.

    YearGrowthEPS (₹)
    FY2715.4%18.87
    FY2815.4%21.77
    FY2915.4%25.13
    FY3015.4%29.00
    FY3115.4%33.46
    FY3210.7% ·fade37.04
    FY336.0% ·fade39.26

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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