#Q2WithBQ | #NIIT has seen its top as well as bottom line grow in a quarter its unit, NIIT Learning Systems, listed on the bourses. What explains the uptick?

Co-Founder CEO Rajendra Singh Pawar in conversation with BQ Prime’s Tushar Deep Singh. #BQLive 

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Q2 Review: NIIT Delivers On Profit, Revenue After NIIT Learning Systems Demerger | BQ Prime

Shares of #NIIT see profit booking in trade today after surging of 18% on the back of foray into manufacturing and e-R&D. 

Vice-Chairman & MD Vijay K Thadani shares insights. #BQLive 

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NIIT Sees Profit Booking On The Back Of Manufacturing And ER&D | BQ Prime

NIIT Group’s chairman Rajendra Singh Pawar is optimistic about the training industry’s ability to cope with the hiring slowdown from the IT industry. “In terms of profitability, EBITDA, which was minus 9.5 crore, is now minus 6.3 crore. So, we see an improvement going forward. And at the PAT level, …

After IT hiring shock, NIIT bets on banks and IT retraining for a better H2: Rajendra Singh Pawar

#NIITGroup Chairman and Co-founder Rajendra Singh Pawar talks about company's performance in the June quarter and the road ahead for demerged NIIT Learning System. #BQLive #Q1WithBQ 

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Q1 Review | NIIT's Revenue, Net Profit Up | BQ Prime

NIIT Standalone June 2023 Net Sales at Rs 26.07 crore, down 81.02% Y-o-Y

“We are today number five in the learning outsourcing space worldwide and even though the climb is steeper from now onwards, there is opportunity for us to gain market share. So, yes, while the markets will go through a sluggish nature, we are on track vis-a-vis our overall outlook and the direction…

NIIT Learning System on track to achieve five-year target of 20% growth and 20% margin: Vijay Thadani

The company, formerly known as NIIT, hit the $1-billion revenue milestone in April and is looking at AI to sprint to the next milestone of $2 billion and, eventually, $5 billion.

Coforge eyeing AI-driven sprint to $2 billion mark: CEO Sudhir Singh

NIIT shares rose 4.64 per cent to hit a high of Rs 104.70 on BSE. The composite scheme of arrangement had got effective from May 24. Shareholders of NIIT will get one share of NIIT Learning Systems for each share of NIIT.

NIIT shares climb 5%, extend gains post corporate action

NIIT Learnings Systems reported a profit after tax of Rs 192.20 crore for FY23. It revenue for the year was up 20 per cent at Rs 1,361.80 crore. Ebitda margin for the quarter stood at 23.2 per cent.

NIIT shares to turn ex-date for demerger today. Key details

NIIT shares opened at Rs 98.70 level (adjusted of demerger) against Wednesday’s closing price of Rs 405.90. It later jumped 3.75 per cent to hit a high of Rs 102.40.

NIIT shares trade ex-demerger; stock jumps 4% to Rs 102.40 level

The shareholders will be given one NIIT Learning Systems share for each share of NIIT held in the ratio of 1:1.

NIIT shares trade ex-demerger date

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

NIIT Limited is a skills and talent development company.  It offers multi-disciplinary learning management and training delivery solutions to corporations, institutions and individuals.

NIIT Ltd

NIIT Ltd

Scorecard

News & Opinions

News Video

Q2 Review: NIIT Delivers On Profit, Revenue After NIIT Learning Systems Demerger | BQ Prime

News Video

NIIT Sees Profit Booking On The Back Of Manufacturing And ER&D | BQ Prime

After IT hiring shock, NIIT bets on banks and IT retraining for a better H2: Rajendra Singh Pawar

News Video

Q1 Review | NIIT's Revenue, Net Profit Up | BQ Prime

NIIT Standalone June 2023 Net Sales at Rs 26.07 crore, down 81.02% Y-o-Y

NIIT Learning System on track to achieve five-year target of 20% growth and 20% margin: Vijay Thadani

Coforge eyeing AI-driven sprint to $2 billion mark: CEO Sudhir Singh