NINtec Systems Ltd

NINtec Systems Ltd

905.45
INR
+28.85
(+3.29%)
18.07EPS
46.15P/E
15.49BMarket Cap
2016 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
4.08
1.66
1.95
4.22
4.16
4.76
10.66
17.39
44.71
75.26
91.61
95.42
Basic EPS, GAAP
- -
0.45
0.24
0.28
0.46
0.69
0.7
1.49
2.99
8.35
14.17
17.23
18.07
Free Cash Flow per Basic Share
- -
-8.4
-1.23
-0.28
-0.25
-0.34
0.08
0.32
3.39
3.5
9.88
13.93
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.84
3.8
4.01
4.23
4.7
5.39
6.08
7.48
10.43
18.82
33.02
49.33
- -
Tangible Book Value per Share
3.84
3.8
4.01
4.23
4.7
5.39
6.08
7.48
10.43
18.82
33.02
49.33
- -
Basic Weighted Avg Shares
14
3
18
19
19
19
19
19
19
19
19
19
19
Sales/Revenue/Turnover
- -
12
30
36
78
77
88
198
323
830
1,398
1,702
1,772
Operating Margin (%)
- -
17.23
22.9
11.1
9.53
15.09
13.88
15.64
16.33
22.68
22.06
24.19
25.28
Depreciation Expense
- -
- -
1
1
1
1
2
3
5
11
21
25
23
Net Income, GAAP
- -
1
4
5
9
13
13
28
56
155
263
320
336
Effective Tax Rate (%)
- -
30.9
31.02
31.84
28.21
23.12
23.98
24.75
24.85
24.11
24.77
25.23
24.96
Profit Margin (%)
- -
10.96
14.46
14.34
10.93
16.54
14.81
14
17.18
18.68
18.83
18.81
18.94
Working Capital
50
28
49
53
61
95
111
135
179
335
562
890
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
24
21
19
- -
Total Equity
52
51
75
79
87
100
113
139
194
350
613
916
- -
Return on Invested Capital (%)
- -
2.52
6.86
1.37
6.19
9.13
8.34
17.53
21.44
44.07
40.01
34.51
- -
Return on Capital (%)
- -
2.53
7.03
6.83
10.32
13.66
12.3
22.02
33.37
54.8
52.65
41.06
- -
Return on Common Equity (%)
- -
2.53
7
6.78
10.32
13.65
12.29
22.01
33.37
57.12
54.66
41.85
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
19
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
7,375
7,392
15,492

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,367
- -
Cash, Cash Equivalents & STI
- -
750
- -
Accounts Receivable, Net
- -
491
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
477
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.7%
53.56%
49.36%
Free Cash Flow
127.44%
291.9%
41.02%
Net Income, GAAP
85.46%
96.55%
21.62%
Sales/Revenue/Turnover
73.82%
86.86%
21.72%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
329
339
352
379
1,398
2026
388
417
433
464
1,702
2027
459
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.09
3.51
3.62
3.95
14.17
2026
4.12
4.24
4.17
4.71
17.23
2027
4.95
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Niraj Chhaganraj Gemawat
Full Time Employees
441
Sector
Technology services
Industry
Packaged software
Address
B-11, Corporate House Ahmedabad GU India 380054
IPO Date
Apr 18, 2016
Business
NINtec Systems Ltd (NINSYS.NS) operates as a global offshore software development services and solutions provider, specializing in information technology services including business analytics; cloud services encompassing advisory, infrastructure, integration, management, and security; application engineering for planning, designing, building, implementing, and optimizing development and maintenance; testing services such as test automation, performance testing, functional testing, security validation, usability and accessibility testing, and regression testing; artificial intelligence and machine learning solutions for data analysis, pattern identification, predictions, process optimization, customer interactions, and performance enhancement; application development and maintenance; offshore and onshore software product development; legacy system development and software migration; search engine optimization; .Net development; game development; PHP development; ERP implementation; wireless, mobile, and WAP development; and 24/7 support services. The company, founded in 2015 and headquartered in Ahmedabad, Gujarat, India, with a subsidiary in the Netherlands, serves 30 Fortune 500 companies and over 100 SMEs across 18 industry verticals including automotive, print media and publishing, banking, financial services and insurance (BFSI), transportation and logistics, healthcare and life sciences, manufacturing, gaming, and fintech, deriving approximately 95% of revenue from overseas customers in 30 countries across five continents, with a strong presence in European markets particularly Benelux, Nordics, and the UK, as well as North America. Recent developments include migration from SME to mainboard listing on BSE and NSE in February 2023; establishment of Security Operations Centers (SOCs) in India and the Netherlands for cybersecurity services focusing on real-time monitoring and incident response; robust financial growth with consolidated revenue rising from INR 84.70 crore in FY2024 to INR 144.26 crore in FY2025 and net profit increasing 76.90% to INR 6.05 crore in the quarter ended December 2024; strategic expansion into export markets leveraging the Netherlands subsidiary for large deals; and development of advanced solutions such as IoT platforms, alongside ongoing investments in R&D at 4% to 4.5% of revenue.