NSE: NIITMTS · BSE: 543952 · ISIN INE342G01023
NIIT Learning Systems Limited stock analysis
NIIT Learning Systems Limited ranks #1241 in the TickerSutra evidence-ranked universe with a score of 55/100 and 85% data confidence. The latest captured fundamentals show ROCE of 20.9%, quarterly sales growth of 25.2% and quarterly profit growth of 8.8%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 20.9%
- Low debt/equity of 0.21×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Operating margin has compressed materially
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,132cr | ₹297cr | ₹202cr | 26.0% |
| 2023 | ₹1,362cr | ₹298cr | ₹192cr | 22.0% |
| 2024 | ₹1,554cr | ₹365cr | ₹213cr | 23.0% |
| 2025 | ₹1,653cr | ₹359cr | ₹228cr | 22.0% |
| 2026 | ₹1,952cr | ₹372cr | ₹248cr | 19.0% |
| TTM | ₹2,066cr | ₹370cr | ₹256cr | 18.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Press release dated September 23, 2026.
RoutineNIIT Learning Systems Ltd - 543952 - Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseBSE · 23 Sept 2026Press release dated September 23, 2026.
RoutineNIIT Learning Systems Ltd - 543952 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSBSE · 18 Sept 2026Intimation of allotment of equity shares under NIIT Learning Systems Limited Employee Stock Option Plan 2023-0 of the Company.
RoutineNIIT Learning Systems Ltd - 543952 - Announcement under Regulation 30 (LODR)-Investor PresentationBSE · 11 Sept 2026Presentation for NIIT Learning Investor Day / Building the AI-Ready L&D Enterprise event.
RoutineShareholders meetingNSE · 9 Sept 2026Voting results and Scrutinizer's Report of 24th Annual General Meeting of the Company held on September 9, 2026.
MANAGEMENT COMMENTARY
Signals from filed documents
3,957 million, up 5% over FY25, representing a margin of 20.3%. Margins were lower than FY25 (22.8%) due to normalisation of business mix following completion of a large North American real estate training contract, together with planned investments in sales and marketing and new capabilities including AI, partially offset by improved utilisation, AI-led productivity gains, and operating leverage. NLSL continued to i
Founded in 2001 and headquartered in San Francisco, USA, SweetRush is a recognised leader in strategic training interventions and high-end custom learning solutions for Fortune 1000 enterprises and professional associations. The acquisition is in line with NLSL’s growth strategy focused on capability enhancement, geographic expansion and penetration of attractive market segments. The acquisition brings together Sweet
2 Remuneration (Sitting Fees/Commission/others) break-up is provided in the Corporate Governance Report. The above percentage increase in remuneration and the remuneration ratio are not directly comparable across financial years, as directors’ remuneration varies based on factors such as the number of Board meetings held and attended during the year, the number of Committee meetings held and attended depending on Com
The World Economic Forum’s Future of Jobs 2025 report notes that 63% of global companies cite skills gaps as a key challenge, while 85% plan to increase workforce upskilling investment. Skills gaps, regulatory change, and rapid technological advances, particularly the adoption of AI in learning, are prompting global corporations to seek agile, scalable, and outcome-driven solutions. Your Company’s proven capability s
Accordingly, the remuneration payment has been within the limits prescribed under the Act and in accordance with the approval of the Members obtained in 2023. 31 Corporate Overview Performance Overview Notice & Reports Financial Statements Notwithstanding the foregoing, as a matter of abundant caution and in furtherance of prudent corporate governance, and considering the Company’s global operations, evolving busines
During the year, the business added 21 new logos, secured four scope expansions and 12 contract renewals. At the close of FY26, NLSL served 110 MTS customers, with the top 5 customers contributing 32% of revenues, the top 10 contributing 50%, and the top 20 contributing 69%. Revenue visibility at year-end was USD 459 million.
DE C.V., Mexico • NllT Brazil LTDA, Brazil • Sweetrush, Inc • 3-102-812005 Sociedad de Responsabilidad Limitada • NIIT Learning Solutions (Canada) Limited, Canada • MST Investment Holding GmbH • MST Holding GmbH • MST Group GmbH • MST Shanghai Co. The Company being a listed company, has Foreign Institutional Investors, Foreign Nationals, Non-Resident Indian and Foreign Companies as its shareholders. Further, the Comp
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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