The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
NIIT Learning Systems Limited is an India-based provider of managed training services. The Company operates through the Education & Training Services segment. The Company provides managed learning solutions that weave together with learning theory, technology, operations, and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, slow-growing business, trading cheap versus its own history.
NIIT Learning Systems is scored on the it / services framework. It keeps a healthy 12.5% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.16× reported profit. Free cash flow is worth about -5.4% of its market value.
Over the last 3 years revenue compounded at 13%/yr and profit at 9%/yr. Book value itself has compounded 26%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 13.4%. In the latest quarter profit fell 35% versus the prior quarter.
At 9× earnings, the stock sits at the 1st percentile of its own 3.3-year range — the cheap end of where it has historically traded. Today's price asks for only ~-1%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 9.47 | — | — |
| P/B | 1.43 | 7.91 | better |
| EV/EBITDA | 5.27 | — | — |
| ROE | 13.39 | 5.95 | better |
| ROCE | 14.52 | 66.62 | worse |
| ROA | 8.04 | — | — |
| Quick Ratio | 1.73 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| NIIT | 144.1 | 0.9 | 1.0% |
| Vinsys IT Services IND LT | 11.5 | 2.1 | 20.7% |
| Aptech | 17.6 | 2.0 | 12.7% |
Revenue has grown every year across all 4 financial years shown. 13% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Revenue is outpacing profit (13% vs 9%) — costs are rising faster than the top line.
Operating margins have been stable around 17% — no major structural shift.
ROE at 16% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 9pp.
EPS has grown every year — each share earns more than the last, consistently. 8% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 8% QoQ — could be seasonality or a genuine slowdown.
Profit fell 35% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (15% → 7%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.3y median.
Promoters at 34.2% — dispersed ownership; institutional flows drive the stock. FIIs trimmed 3.5pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.