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Last 484.45 INR
Change Today +2.20 / 0.46%
Volume 25.1K
NITEC On Other Exchanges
Natl India
As of 1:23 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

niit technologies ltd (NITEC) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/21/15 - 517.00
52 Week Low
05/5/15 - 325.55
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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niit technologies ltd (NITEC) Details

NIIT Technologies Limited provides IT solutions primarily in India, the Americas, Europe, and the Asia Pacific. The company offers application management and development, application renewal and testing, and mobility services; and enterprise data analytics services in the data warehousing and business intelligence, such as consulting and assessment, BI/DW solution implementation, data integration, and information delivery services. It also provides infrastructure management services, including data center services; service desk, digital workplace management, application factory, and mobile device management services; application performance monitoring, customer experience management, and tools consolidation services; cross functional services, such as consulting, landscape management, release automation, and service virtualization services; and SAP landscape management services. In addition, the company offers testing services, such as test automation, testing COE implementation, and domain specific testing services; and business process outsourcing services. Further, it provides cloud computing services comprising software-as-a-service that hosts software and associated data on the cloud; platform-as-a-service, which provides development, deployment, testing, and cloud integration of applications; and infrastructure-as-a-service that offers bandwidth, storage, and computing power on an on-demand basis. Additionally, the company offers geographical information services; and digital strategy advisory, mobility, business analytics, cloud computing, and social media services. It serves travel and transportation, banking and financial services, insurance, manufacturing and distribution, media technologies, and government industries. NIIT Technologies Limited was incorporated in 1992 and is based in Noida, India.

9,228 Employees
Last Reported Date: 07/14/15
Founded in 1992

niit technologies ltd (NITEC) Top Compensated Officers

Chief Executive Officer, Joint Managing Direc...
Total Annual Compensation: 26.3M
President and Global Business Head of Infrast...
Total Annual Compensation: --
Co-Founder, Chairman and Managing Director
Total Annual Compensation: 27.0M
President of Asia/Anz
Total Annual Compensation: --
Executive Vice President of Startegic Allianc...
Total Annual Compensation: --
Compensation as of Fiscal Year 2015.

niit technologies ltd (NITEC) Key Developments

NIIT Technologies To Consider Acquisitions

NIIT Technologies Limited (BSE:532541) will seek acquisitions. Arvind Thakur, Chief Executive Officer, NIIT Technologies said, "Typically, we do one acquisition in 18 months and this run rate will continue. Size is not a constrain, fit is more important in the direction we are going to build a big organisation."

NIIT Technologies Limited Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2015

NIIT Technologies Limited reported consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported consolidated revenues of INR 6,411 million against INR 5,776 million a year ago. Operating profit was INR 1,042 million against INR 775 million a year ago. Profit after tax was INR 585 million against INR 432 million a year ago.

NIIT Technologies Limited Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2015

NIIT Technologies Limited reported unaudited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company's profit from operations before other income, finance costs and exceptional items was INR 539.6 million compared to INR 429.1 million a year ago. Profit from ordinary activities before tax was INR 843 million compared to INR 546.4 million a year ago. Diluted earnings per share after extraordinary items was INR 11.80 compared to INR 7.33 a year ago. The company has posted a net profit of INR 722.70 million for the quarter ended June 30, 2015 as compared to INR 448.20 million for the quarter ended June 30, 2014. Total income has increased from INR 3,442.50 million for the quarter ended June 30, 2014 to INR 3,936.40 million for the quarter ended June 30, 2015.


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Valuation NITEC Industry Range
Price/Earnings 22.7x
Price/Sales 1.2x
Price/Book 2.0x
Price/Cash Flow 12.8x
TEV/Sales 1.1x

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