Scrip Watch

NIIT Ltd

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

NIIT Ltd

NIIT Ltd
IT Training Services
FV – Rs 2; 52wks H/L –107.8/67; TTQ – 22 K; CMP – Rs 81.5 (As On December 20th 2016);                               

   Market Cap – Rs 1356 Crs

Consolidated Financials and Valuations for FY16 (Amt in Rs Crs unless specified)


Equity Capital

Net worth
Long Term Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
33.13 805 180 1014 67.24 49 4.06 20.07 26.93 1.66 34.09 1.31

 

Standalone Financials and Valuations for H1 FY17


Equity Capital

Net worth
Long Term Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
33.13 813 167 189 0.83 49 0.05 1630 26.93 1.66 34.09 1.31

 

Valuation Parameters:

  1. Long Term Debt to Equity – 0.22
  2. ROE % – 8.4
  3. Market Cap/Sales – 1.34

NIIT Ltd has informed BSE that the Company has entered into a share purchase agreement with National Skill Development Corporation (“NSDC”), in terms of which Company has agreed to acquire 2313240 equity shares of NIIT Yuva Jyoti Limited (“NYJL”) having face value of Rs. 10 each constituting 10% of the aggregate issued and paid-up share capital of NYJL from NSDC for an aggregate cash consideration of Rs. 28508139. http://corporates.bseindia.com/xmldata/corpfiling/AttachHis/3F0C7007_B08C_45B4_B1BC_674CA83A04D4_175324.pdf

IIM Ahmedabad and NIIT Imperia announce fresh batch for Accelerated General Management Program. http://www.equitybulls.com/admin/news2006/news_det.asp?id=197720

During the quarter the company has acquired the business of Perception Learning Solutions Pvt. Ltd for an aggregate consideration of Rs. 2.5Crs.

Overview:

  • NIIT Ltd is a skills and talent development company.
  • The Company operates through the learning business segment.
  • It offers multi-disciplinary learning management and training delivery solutions to corporations, institutions and individuals.
  • Its geographical segments include India, America, Europe and Asia Pacific. Its lines of business include Corporate Learning Group (CLG), Skills and Careers Group (SNC), and School Learning Group (SLG). CLG offers managed training services, custom curriculum design and content development, learning administration, learning delivery, strategic sourcing, learning technology and advisory services.
  • SNC delivers learning and talent development programs in areas of banking, finance and insurance, soft skills, management education, multi-sectorial vocational skills, digital media marketing and new-age information technology (IT).
  • SLG provides teaching and learning solutions to schools. SLG offerings include Quick School, Math Lab and IT Wizard programs.
  • The Company ended FY16 with 31 Managed Training Services customers and a Revenue Visibility of USD 200 million over the remaining period of existing contracts.

Management:

  • Mr. Rajendra Pawar  – Chairman
  • Mr. Vijay Thandani – MD
  • Mr. Rohit Gupta – CFO

Major Non – Promoter Holdings:

Sr. No Non – Promoters No of shares held % of shares held
1 Relaince Capital Trustee Co.Ltd A/C Reliance Small Cap Fund 5786749 3.49
2 Canara Robeco Mutual Fund – Emerging Equities 1805965 1.09
3 DSP Blackrock Small & Midcap Fund 3237153 1.95
4 DSP Blackrock Equity Fund 2343418 1.41
5 Polunin Emerging Markets Small Cap Fund LLC 2340650 1.41
6 Government Pension Fund Global 4956291 2.99
7 The Master Trust Bank Of Japan Ltd as Trustee of Blackrock India Equity Fund 2301599 1.39
8 Abu Dhabi Investment Authority 5765520 3.48
9 IL & FS Trust Company Ltd 3245499 1.96
10 Tasha Investment Advisors LLP 2065070 1.25

 

 

Consolidated Financial Trends (In Rs. Crs) :

Particulars FY16 FY15 FY14 FY13 FY12 FY11
Equity Paid Up 33.1 33.03 33.03 33.02 33.02 33.02
Networth 805 730 674 668 662 557
Total Debt 195 137 107 112 86 310
Net Sales 1014 971 961 970 1268 1257
Other Income 8 13 10 9 8 8
PAT 67.24 -138.53 17.77 26.26 110.16 92.18
Book Value (Rs) 49 44 41 40 40 34
EPS (Rs) 4.06 -8.39 1.08 1.59 6.67 5.58

 

 

 

 

 

 

 

 

 

 

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