About
NIIT Learning Systems Limited provides managed training services in India, the United States, Europe, and internationally. Its managed training services include custom content and curriculum design, learning administration and delivery, strategic sourcing, learning technology, and learning and development (L&D) consulting services. The company also offers digital transformation and IT training, immersive learning, customer education, talent pipeline as a service, DE&I training, as well as leadership and professional development training services.The company was formerly known as Mindchampion Learning Systems Limited and changed its name to NIIT Learning Systems Limited in January 2022. NIIT Learning Systems Limited was incorporated in 2001 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap3,120 Cr
P/E13.60
Div Yield1.44 %
Book Value₹112.00
52w High₹444.00
52w Low₹203.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 139.00 | 124.00 | 143.00 | 134.00 | 131.00 | 130.00 | 130.00 | 116.00 | 107.00 | 108.00 | 101.00 | 95.00 | 96.00 |
| Expenses | 117.00 | 112.00 | 121.00 | 120.00 | 117.00 | 112.00 | 105.00 | 99.00 | 91.00 | 88.00 | 89.00 | 84.00 | 89.00 |
| Operating Profit | 22.00 | 12.00 | 22.00 | 14.00 | 14.00 | 18.00 | 25.00 | 17.00 | 16.00 | 20.00 | 13.00 | 11.00 | 7.00 |
| OPM % | 16.00 | 10.00 | 16.00 | 11.00 | 11.00 | 14.00 | 19.00 | 15.00 | 15.00 | 19.00 | 13.00 | 12.00 | 7.00 |
| Other Income | 28.00 | 18.00 | 6.00 | 61.00 | 24.00 | 21.00 | 18.00 | 58.00 | 16.00 | 17.00 | 49.00 | 13.00 | 16.00 |
| Depreciation | 11.00 | 11.00 | 11.00 | 11.00 | 10.00 | 9.00 | 8.00 | 7.00 | 6.00 | 5.00 | 5.00 | 5.00 | 4.00 |
| Interest | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 38.00 | 18.00 | 16.00 | 63.00 | 27.00 | 29.00 | 34.00 | 67.00 | 25.00 | 30.00 | 56.00 | 18.00 | 19.00 |
| Tax % | 25.00 | 25.00 | 22.00 | 8.00 | 25.00 | 23.00 | 25.00 | 7.00 | 26.00 | 25.00 | 10.00 | 25.00 | 23.00 |
| Net Profit | 28.00 | 14.00 | 13.00 | 58.00 | 20.00 | 23.00 | 26.00 | 62.00 | 18.00 | 23.00 | 51.00 | 14.00 | 15.00 |
| EPS in Rs | 2.06 | 0.99 | 0.93 | 4.23 | 1.48 | 1.66 | 1.89 | 4.57 | 1.35 | 1.68 | 3.76 | 1.03 | 1.09 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 532.00 | 483.00 | 400.00 | 404.00 | 329.00 | 13.00 | 25.00 | 35.00 | 106.00 | 141.00 |
| Expenses | 469.00 | 407.00 | 349.00 | 348.00 | 290.00 | 24.00 | 36.00 | 39.00 | 98.00 | 142.00 |
| Operating Profit | 63.00 | 76.00 | 51.00 | 56.00 | 38.00 | -11.00 | -11.00 | -4.00 | 8.00 | -1.00 |
| OPM % | 12.00 | 16.00 | 13.00 | 14.00 | 12.00 | -83.00 | -46.00 | -11.00 | 8.00 | -0.80 |
| Other Income | 108.00 | 112.00 | 95.00 | 52.00 | 39.00 | -3.00 | -7.00 | 4.00 | 1.00 | 4.00 |
| Interest | 3.00 | 4.00 | 3.00 | 0.00 | 0.00 | 2.00 | 3.00 | 3.00 | 3.00 | 1.00 |
| Depreciation | 44.00 | 30.00 | 19.00 | 9.00 | 11.00 | 1.00 | 4.00 | 3.00 | 8.00 | 50.00 |
| Profit before tax | 125.00 | 155.00 | 124.00 | 98.00 | 66.00 | -16.00 | -25.00 | -6.00 | -2.00 | -48.00 |
| Tax % | 16.00 | 17.00 | 18.00 | -1.00 | 12.00 | 0.00 | 8.00 | 0.00 | 0.00 | -6.00 |
| Net Profit | 105.00 | 129.00 | 102.00 | 99.00 | 58.00 | -16.00 | -27.00 | -6.00 | -2.00 | -45.00 |
| EPS in Rs | 7.61 | 9.46 | 7.54 | — | — | — | — | — | — | — |
| Dividend Payout % | 42.00 | 32.00 | 70.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28.00 | 27.00 | 27.00 | 27.00 | 116.00 | 116.00 | 69.00 | 69.00 | 19.00 | 1.00 |
| Reserves | 772.00 | 674.00 | 555.00 | 465.00 | 261.00 | -113.00 | -97.00 | -71.00 | -59.00 | -40.00 |
| Borrowings | 21.00 | 26.00 | 29.00 | 0.00 | 1.00 | 0.00 | 30.00 | 25.00 | 121.00 | 95.00 |
| Other Liabilities | 141.00 | 125.00 | 110.00 | 110.00 | 105.00 | 15.00 | 28.00 | 27.00 | 46.00 | 61.00 |
| Total Liabilities | 961.00 | 852.00 | 722.00 | 602.00 | 482.00 | 18.00 | 30.00 | 50.00 | 126.00 | 118.00 |
| Fixed Assets | 92.00 | 109.00 | 80.00 | 35.00 | 14.00 | 0.00 | 2.00 | 6.00 | 14.00 | 21.00 |
| CWIP | 26.00 | 10.00 | 24.00 | 12.00 | 2.00 | 0.00 | 1.00 | 2.00 | 0.00 | 0.00 |
| Investments | 571.00 | 472.00 | 420.00 | 377.00 | 193.00 | 5.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| Other Assets | 272.00 | 261.00 | 198.00 | 179.00 | 272.00 | 13.00 | 27.00 | 40.00 | 113.00 | 97.00 |
| Total Assets | 961.00 | 852.00 | 722.00 | 602.00 | 482.00 | 18.00 | 30.00 | 50.00 | 126.00 | 118.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 104.00 | 84.00 | 85.00 | 64.00 | 51.00 | -10.00 | -2.00 | -1.00 |
| Cash from Investing Activity | -70.00 | -57.00 | -44.00 | -63.00 | -52.00 | -5.00 | 0.00 | -2.00 |
| Cash from Financing Activity | -34.00 | -37.00 | -32.00 | 0.00 | -1.00 | 14.00 | 2.00 | -3.00 |
| Net Cash Flow | 0.00 | -9.00 | 9.00 | 0.00 | -2.00 | 0.00 | 0.00 | -6.00 |
| Free Cash Flow | 61.00 | 40.00 | 43.00 | 25.00 | 42.00 | -10.00 | -3.00 | -3.00 |
| CFO/OP % | 203.00 | 144.00 | 193.00 | 129.00 | 139.00 | 111.00 | 19.00 | 120.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 84.00 | 83.00 | 78.00 | 95.00 | 79.00 | 166.00 | 217.00 | 268.00 | 255.00 | 97.00 |
| Inventory Days | — | — | — | — | — | 376.00 | 255.00 | 210.00 | 54.00 | 28.00 |
| Days Payable | — | — | — | — | — | 2,374.00 | 1,211.00 | 991.00 | 853.00 | 784.00 |
| Cash Conversion Cycle | 84.00 | 83.00 | 78.00 | 95.00 | 79.00 | -1,832.00 | -739.00 | -513.00 | -544.00 | -659.00 |
| Working Capital Days | 61.00 | 85.00 | 55.00 | 41.00 | 79.00 | -180.00 | -184.00 | 56.00 | 168.00 | 15.00 |
| ROCE % | 18.00 | 24.00 | 23.00 | 24.00 | 36.00 | -406.00 | -109.00 | — | 1.00 | — |
Corporate Actions
4 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 20 Aug 2026 | 20 Aug 2026 | — | 3.25 | |
| Dividend | 04 Sep 2025 | 04 Sep 2025 | — | 3.00 | |
| Dividend | 05 Sep 2024 | 05 Sep 2024 | — | 2.75 | |
| Dividend | 10 Nov 2023 | 10 Nov 2023 | — | 2.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Jan from fitch
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Rating update22 Nov 2024 from fitch