NPST

Network People Services Technologies share price & financials

Price
₹1,579.9
Market cap
₹3.3k Cr
Sector
Financial Services
Calls analysed
8
Latest concall · Q1 FY27 · call held 12 Aug 2026

Network People Services Technologies Limited Q1 FY27

Revenue ₹61.42 cr +75%Net Profit ₹11.4 cr +53%PAT Margin 18.56%

What went well

  • Strong year-on-year growth with revenue up 75%, EBITDA up 66%, and net profit up 53% to ₹11.4 crores.
  • Successful diversification into RegTech and AI-based risk intelligence, reducing reliance on the payment platform segment.
  • Accelerated international expansion, with global accounts contributing 10-12% of Q1 revenue and a target of 50% in two years.

What to watch

  • Q1 FY27 revenue of ₹61.42 crores represents a QoQ degrowth from ₹68 crores in Q4 FY26.
  • EBITDA margin experienced a QoQ drop, attributed to business transformation and ongoing investments.
Read the full call →

What Network People Services Technologies Limited does

Network People Services Technologies (NPST) builds and operates payment infrastructure software for banks, third-party application providers, payment aggregators, fintechs, NBFCs and enterprises. It earns through three business lines: Technology Service Provider (TSP), where it licenses/SaaS a compliant transaction-processing engine for UPI, IMPS, CBDC, Banking Connect, BBPS and Bank-in-a-Box deployments; Payments Platform-as-a-Service (PPaaS), a pay-per-use SaaS enabling banks and fintechs to launch and manage merchant acquiring, QR/soundbox acceptance and merchant orchestration end-to-end; and RegTech, a pay-per-use fraud and dispute-risk management suite covering the transaction lifecycle. The company also runs an AI-based risk engine and is expanding its offline payment-acceptance footprint and international PPaaS/RegTech business.

Segments

  • Technology Service Provider (TSP)
  • Payments Platform-as-a-Service (PPaaS)
  • RegTech
Daily transactions processed
60 million
Bank partners on platform
20+
Customers served
100+
Years in PayTech business
12+
Offline Payments-as-a-Service acceptance footprint
1,000+ locations
Business verticals
TSP, PPaaS, RegTech
Founded 2013 Company website

Guidance record · Q1 FY27

what the last two calls moved 24 tracked 6 delivered 6 missed 12 open
  • AI-based Risk Engine Revenue Contribution delivered said Q3 FY26 Promised: Start contributing to revenue in the next 2 quarters Q1 FY27: Target quarter reached. Management confirmed securing a RegTech order from a large PSU and successful diversification, indicating revenue contribution has started as planned.
  • FY25 Revenue Growth missed said Q2 FY25 Promised: 75-100% Q1 FY27: Not mentioned, promise period is over.
  • Revenue CAGR (FY27-FY29) revised down said Q4 FY26 Promised: 70% CAGR for the next 3 years Q1 FY27: Management revised guidance to '60% to 70% growth', widening the range downwards from the original 'about 70% CAGR'.

All 24 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 64.7%, net profit up 57.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue67 21 26 34 47 −30%53 +152%62 +138%56 +65%
EBITDA23 7 9 10 14 −39%14 +100%13 +44%14 +40%
Net profit18 5 5 7 10 −44%12 +140%12 +140%11 +57%
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 −20.3% 1Y

₹1.0k₹1.5k₹2.0kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 13 Nov 2025Q3 FY26 — 12 Feb 2026Q4 FY26 — 1 Jun 2026Q1 FY27 — 12 Aug 2026

1Y: ₹2,116.8 on 10 Sept 2025 → ₹1,686.1. High ₹2,116.8 (10 Sept 2025), low ₹878.6 (16 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
+0.1%
12 Aug
Q4 FY26
+4.1%
1 Jun
Q3 FY26
−11.6%
12 Feb
Q2 FY26
+1.6%
13 Nov

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 69.4% a year over 3 years, FY23 to FY26. Operating margin narrowed to 26.0%.

Year endingFY23FY24FY25FY26
Revenue₹40 Cr₹127 Cr₹173 Cr₹196 Cr
Operating profit₹12 Cr₹42 Cr₹60 Cr₹51 Cr
Operating margin30.3%33.1%34.7%26.0%
Interest₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Depreciation₹3 Cr₹9 Cr₹6 Cr₹9 Cr
Net profit₹7 Cr₹27 Cr₹44 Cr₹41 Cr
Net margin16.7%21.3%25.4%20.9%
Cash from operations₹24 Cr₹51 Cr₹29 Cr₹-45 Cr
Free cash flow₹18 Cr₹48 Cr₹18 Cr₹-93 Cr
ROCE35.0%80.0%69.0%20.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹4 Cr₹6 Cr₹6 Cr₹19 Cr₹19 Cr₹21 Cr
Reserves₹2 Cr₹16 Cr₹22 Cr₹38 Cr₹397 Cr₹420 Cr
Borrowings₹0 Cr₹0 Cr₹0 Cr₹3 Cr₹7 Cr₹14 Cr
Other liabilities₹9 Cr₹8 Cr₹10 Cr₹19 Cr₹57 Cr₹54 Cr
Total liabilities₹17 Cr₹30 Cr₹39 Cr₹80 Cr₹480 Cr₹508 Cr
Fixed assets₹3 Cr₹4 Cr₹9 Cr₹9 Cr₹32 Cr₹55 Cr
Capital work in progress₹4 Cr₹6 Cr₹4 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr
Other assets₹10 Cr₹20 Cr₹26 Cr₹70 Cr₹448 Cr₹452 Cr
Total assets₹17 Cr₹30 Cr₹39 Cr₹80 Cr₹480 Cr₹508 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.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs added +9.44 pp while promoters trimmed −7.08 pp. The shareholder count grew 82% to 9,986.

Promoters
60.5%
FIIs
0.1%
DIIs
10.0%
Public
29.4%

Since Jun 2025

  • DIIs +9.44 pp
  • Promoters −7.08 pp
  • Public −2.42 pp

How it drifted, 12 quarters

Over this window promoters fell from 67.5% to 60.5% — −7.1 pp.

Mar '22Sep '24Jun '26

Ownership split by quarter, oldest first. Mar '22: Promoters 67.5%, DIIs 9.7%, Public 22.8%.Sep '22: Promoters 67.5%, DIIs 9.7%, Public 22.8%.Mar '23: Promoters 67.5%, DIIs 9.7%, Public 22.8%.Sep '23: Promoters 67.5%, FIIs 0.0%, DIIs 5.8%, Public 26.6%.Mar '24: Promoters 67.5%, FIIs 0.2%, Public 32.3%.Sep '24: Promoters 67.5%, FIIs 0.1%, DIIs 0.1%, Public 32.3%.Mar '25: Promoters 67.5%, FIIs 0.0%, DIIs 0.3%, Public 32.1%.Jun '25: Promoters 67.6%, FIIs 0.0%, DIIs 0.6%, Public 31.8%.Sep '25: Promoters 60.3%, FIIs 0.1%, DIIs 10.0%, Public 29.6%.Dec '25: Promoters 60.3%, FIIs 0.1%, DIIs 9.9%, Public 29.6%.Mar '26: Promoters 60.5%, FIIs 0.1%, DIIs 10.0%, Public 29.3%.Jun '26: Promoters 60.5%, FIIs 0.1%, DIIs 10.0%, Public 29.4%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Network People Services Technologies Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Savita Vashist 23.70%−0.41 pp
Deepak Chand Thakur 18.40%+0.23 pp
Ashish Aggarwal 18.29%+0.13 pp
Tata Mutual Fund - Tata Small Cap Fund Mutual fund9.41%unchanged
Manoj Tulsian 2.67%unchanged
Alka Tulsian 1.39%unchanged
Rajiv Beri 1.29%unchanged
Anshul Aggarwal 1.02%unchanged
Sudesh Aggarwal 0.07%unchanged
Ruchi Devi 0.00%unchanged
Kavita Deepak Chand Thakur 0.00%unchanged
Vaibhav Aggarwal 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

All earnings calls (8)

Read the Q1 FY27 call →

Learn to analyse Network People Services Technologies Limited

Guides on how to read this kind of business and the numbers that matter.