NIIT Limited is one of the largest talent development companies in the world established in 1981 in India. It provides a variety of educational and training services and products through its Corporate Learning Group, Skills and Career Group, and NIIT University.
The company supplies various industries, such as corporate and educational institutions, operating in more than thirty countries. Being one of the pioneers in the field, NIIT pays special attention to the improvement of skills and career advancement, using the company’s experience and IT solutions.Ìý
NIIT Limited, with a workforce of 3,500 employees as of 2024, operates globally in talent development and educational solutions; for more information, one can visit its official website at .Ìý
Market Overview Of NIIT Share Price
Open: ₹169.49ÌýÌý
High: Ìý173.45
Low:Ìý ₹158.72ÌýÌý
Market Cap:Ìý ₹2.28K croreÌýÌý
P/E Ratio: 52.65
Dividend Yield: 0.74%
52-Week High: ₹183ÌýÌý
52-Week Low: ₹79.50ÌýÌý
Current Price: ₹171.09
NIIT Share Price Target Tomorrow From 2024 to 2030ÌýÌý
Below are some estimated share prices of NIIT Ltd. for the upcoming years based on market valuation, industry trends, and expert predictions:
S. No. | Share Target Years | Share Target Price |
1. | 2024 | 290 |
2.Ìý | 2025 | 508 |
3.Ìý | 2026 | 614 |
4.Ìý | 2027 | 640 |
5.Ìý | 2028 | 833 |
6. | 2029 | 913 |
7. | 2030 | 1044 |
Shareholding Pattern For NIIT Share PriceÌýÌý
- Retail and Others: 35.35%ÌýÌý
- Promoters: 34.66%Ìý
- Foreign Institutional Investment: 17.40%
- Mutual Funds: 8.56%ÌýÌý
- Other Domestic Institutions: 4.01%
Annual Income Statement of NIIT Limited 2024
A comparison of revenue and net income for the last five years is given below.Ìý
Further details regarding the income statement of NIIT Limited are given below.
Particulars | Info 2024 | Y/Y Change |
Revenue | 824.75M | 31.86% (+) |
Operating Expenses | 534.33M | 59.25%(+) |
Net Income | 77.57M | 255.17%(+) |
Net Profit Margin | 9.41 | 169.63%(+) |
Earning Per Share | 0.56 | N/A |
EBITDA | -20.60M | 73.61%(+) |
Effective Tax Rate | 15.13% | N/A |
Challenges For NIIT Share PriceÌýÌý
Market Competition
NIIT has stiff competition from domestic and international players for talent development and education. There is a possibility that the availability of online learning platforms and other technological innovations may affect NIIT’s market share.Ìý
Economic Dependence
The company’s performance is, therefore, highly dependent on the international economic environment. Fluctuations in the economic conditions or in employment opportunities will lower the demand for professional training thus impacting NIIT’s revenues and share price.Ìý
Technological Disruptions
NIIT has to be at par with the technological advancement in the development of new learning solutions and platforms. This means that if the company fails to innovate, it could become obsolete in the new learning environment, which is rapidly going.
Regulatory Changes
Regulatory risks may be a challenge since changes in educational policies and regulations may occur in various markets where NIIT operates. New regulations may entail more costs and changes in the organization’s operations in order to meet the new requirements.Ìý
Currency Fluctuations
NIIT has its operations in different countries and, therefore, is subjected to exchange rate risks. Exchange rate changes may affect the company’s revenue from international operations and, hence, the profitability of the company.