NINtec Systems

Ahmedabad, India Founded: 2015 • Age: 11 yrs Listed
IT services including application development and SEO are provided.
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About NINtec Systems

NINtec Systems is a publicly listed company based in Ahmedabad (India) founded in 2015. IT services including application development and SEO are provided. The company has 425 employees. Its Indian entity Nintec Systems Limited reported revenue of ₹172 Cr. NINtec Systems offers products and services including Business Analytics, Cloud Services, Application Engineering, Testing Services, and Artificial Intelligence. Its focus areas include Business Services, IT Services and IT Advisory. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Nintec Systems was founded in 2015 in Ahmedabad, India, as an IT services and solutions provider. Application development and maintenance are handled, along with strategic offshore software product development, legacy system upgrades, software migration, and search engine optimization. Operations target verticals such as automotive, print media and publishing, BFSI, transportation, and logistics. Focus remains on delivering technical solutions in the IT sector.

  • Headquarters Ahmedabad, India
  • Employees 425
  • Stage Public
  • Sectors
    Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website nintecsystems.com
  • Social LinkedIn
  • Legal Name Nintec Systems Ltd
Operational Areas
Technology → IT Services & Operations
Key Metrics
  • Market Cap
    ₹1,820 Cr

    NINSYS · NSE

  • Share Price
    ₹973.30

    -0.67% today

  • Revenue
    ₹170 Cr

    FY 2025-26 · +21.7% YoY

  • EBITDA
    ₹43.68 Cr

    Margin 25.7%

  • Net Profit
    ₹31.03 Cr

    FY 2025-26 · +26.7% YoY

  • P/E (TTM)
    49.9x

    P/B 16.0x

  • ROE
    41.9%

    ROCE 53.6%

  • Debt / Equity
    0.03

    Interest cover 0.8x

  • Employee Count
    425

Products & Services of NINtec Systems

NINtec Systems offers a comprehensive portfolio of products and services, including Business Analytics, Cloud Services, Application Engineering, Testing Services, and Artificial Intelligence.

Business Analytics
Analytics

Makes data intelligent for smart business decisions and insights.

Cloud Services
Cloud Computing

Creates foundation for accelerated business growth and efficiency.

Application Engineering
Software Development

Optimizes applications for future-ready enterprises and operations.

Testing Services
Quality Assurance

Ensures reliability, resilience, and compliance of products and systems.

Artificial Intelligence
AI Services

Harnesses AI for intelligent innovation and data-driven decisions.

Blockchain Development
Blockchain

Enhances financial operations and data security via blockchain applications.

IoT Services
Internet of Things

Integrates devices for operational efficiency and business insights.

Process Automation
Automation

Uses RPA for task optimization and error minimization in processes.

Board of directors of Nintec Systems Limited (NINtec Systems)

Nintec Systems Limited is the primary company behind NINtec Systems. The board of Nintec Systems Limited currently have 6 directors; the longest-serving is Niraj Chhaganraj Gemawat, appointed in 2015. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Niraj Chhaganraj Gemawat
DIN 00030749
Managing Director04 Aug 201511 yrs 3 moNintec Systems Limited
Indrajeet Anath Mitra
DIN 00030788
Director04 Aug 201511 yrs 3 moNintec Systems Limited
Rachana Niraj Gemawat
DIN 02029832
Director15 Feb 201610 yrs 8 moNintec Systems Limited
Somilkumar Ragvendr Nath Mathur
DIN 07471863
Director26 Sep 20188 yrs 1 moNintec Systems Limited
Mehul Ganpatbhai Makkampara
DIN 11490241
Director01 Feb 20269 moNintec Systems Limited
Rahul Ratankumar Guhathakurta
DIN 11492675
Director01 Feb 20269 moNintec Systems Limited

People of NINtec Systems

1 people are tracked at NINtec Systems (1 in leadership); the tracked headcount is 425.

NameRoleGroup
Niraj Chhaganraj Gemawat
Managing DirectorLeadership
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Complete people profiles for NINtec Systems

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IPO & Listings of NINtec Systems

NINtec Systems is a publicly listed company on the NSE with ticker symbol NINSYS in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date18 Apr 2016
  • Listed onBSE: 539843 · NSE: NINSYS
  • Listed entityNINtec Systems Ltd
  • Exchange sectorTechnology services
  • ISININE395U01014
  • Share price₹836.50 (+3.96% on the day) · 2026-10-14
  • Market capitalisation₹1,493 Cr
  • Price to earnings46.3
  • EPS (diluted, trailing year)₹18.06
  • Volume (last session)5,064

Financials of NINtec Systems

Exchange-reported figures of Nintec Systems Limited, the listed company behind NINtec Systems (NSE: NINSYS).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹170 Cr
+21.7% YoY
EBITDA
₹43.68 Cr
+32.8% YoY
Profit After Tax
₹31.03 Cr
+26.7% YoY
Net Worth
₹91.63 Cr
+49.4% YoY
Total Assets
₹96.63 Cr
+50.1% YoY
Total Debt
₹1.89 Cr
-10.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24
Income statement
Revenue17014083.05
Revenue growth+21.7%+68.3%-
EBITDA43.6832.9019.95
EBITDA margin+25.7%+23.5%+24.0%
Profit before tax42.8134.9920.47
Net profit31.0324.4914.86
Net profit margin+18.2%+17.5%+17.9%
EPS (₹)17.2314.178.35
Balance sheet
Total assets96.6364.3838.10
Net worth91.6361.3535.00
Total debt1.892.112.36
Cash & bank38.8026.209.11
Net working capital52.8135.8415.82
Cash flow
Cash from operations26.4623.739.91
Cash from investing(13.43)(6.14)(14.47)
Cash from financing(0.44)(0.49)2.34
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.2045.8646.3743.2841.6938.8337.8535.19
Revenue growth (YoY)+15.6%+18.1%+22.5%+23.0%+23.1%+18.1%--
Other income1.330.69(1.31)0.050.832.402.070.83
EBITDA13.1511.8813.9511.0610.248.438.328.88
EBITDA margin+27.3%+25.9%+30.1%+25.6%+24.6%+21.7%+22.0%+25.2%
Depreciation0.480.430.640.640.630.600.650.63
Interest0.070.070.130.060.070.070.060.08
Profit before tax13.9312.0711.8710.4110.3710.169.689.00
Tax3.352.883.132.662.502.512.342.29
Net profit10.589.198.747.757.877.657.346.71
EPS (₹)5.694.954.714.174.244.123.953.62
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue10285.8564.7432.3019.818.847.74
Revenue growth+18.5%+32.6%+100.4%+63.1%+124.1%+14.2%-
EBITDA38.1428.9718.165.813.431.481.05
EBITDA margin+37.5%+33.7%+28.1%+18.0%+17.3%+16.7%+13.6%
Profit before tax37.2831.0918.687.383.691.731.66
Net profit25.6321.9813.415.062.491.181.05
Net profit margin+25.2%+25.6%+20.7%+15.7%+12.6%+13.4%+13.6%
EPS (₹)14.9612.557.585.384.031.901.86
Balance sheet
Total assets86.7359.8436.6219.9714.4911.6210.22
Net worth81.7356.8133.5319.3713.9011.2910.01
Total debt1.892.112.360.000.000.000.00
Cash & bank33.9424.138.4211.344.363.292.79
Net working capital42.8131.2014.2912.284.083.383.92
Cash flow
Cash from operations23.6822.349.324.081.300.16(0.13)
Cash from investing(13.43)(6.14)(14.57)2.91(0.23)0.35(0.02)
Cash from financing(0.44)(0.49)2.320.000.000.000.00
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue26.9025.6226.9826.1525.1723.3923.2021.26
Revenue growth (YoY)+6.9%+9.5%+16.3%+23.0%+21.4%+13.3%--
Other income1.330.69(1.31)0.050.832.402.070.83
Total expenses15.1615.0114.3716.4516.3916.3316.0513.10
EBITDA11.7410.6112.619.708.787.067.158.16
EBITDA margin+43.6%+41.4%+46.7%+37.1%+34.9%+30.2%+30.8%+38.4%
Depreciation0.480.430.640.640.630.600.650.63
Interest0.070.070.130.060.060.070.060.07
Profit before tax12.5210.8010.539.058.928.798.518.29
Tax3.002.572.792.292.252.162.082.25

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.2045.8646.3743.2841.6938.8337.8535.19
Revenue growth (YoY)+15.6%+18.1%+22.5%+23.0%+23.1%+18.1%--
Other income1.330.69(1.31)0.050.832.402.070.83
EBITDA13.1511.8813.9511.0610.248.438.328.88
EBITDA margin+27.3%+25.9%+30.1%+25.6%+24.6%+21.7%+22.0%+25.2%
Depreciation0.480.430.640.640.630.600.650.63
Interest0.070.070.130.060.070.070.060.08
Profit before tax13.9312.0711.8710.4110.3710.169.689.00
Tax3.352.883.132.662.502.512.342.29
Net profit10.589.198.747.757.877.657.346.71
EPS (₹)5.694.954.714.174.244.123.953.62
ParticularsFY 2025-26FY 2024-25FY 2023-24
Revenue17014083.05
Revenue growth+21.7%+68.3%-
Other income1.974.461.65
Total expenses12610763.10
Employee cost48.8145.0935.83
EBITDA43.6832.9019.95
EBITDA margin+25.7%+23.5%+24.0%
Depreciation2.522.071.10
Interest0.320.300.03
Profit before tax42.8134.9920.47
Tax10.808.674.93
Net profit31.0324.4914.86
Net profit margin+18.2%+17.5%+17.9%
EPS (₹)17.2314.178.35
ParticularsFY 2025-26FY 2024-25FY 2023-24
Equity & liabilities
Share capital18.5818.5818.58
Reserves & surplus73.0542.7716.42
Shareholders' funds (net worth)91.6361.3535.00
Minority interest0.000.000.00
Secured loans1.892.112.36
Unsecured loans0.000.000.00
Total debt1.892.112.36
Total liabilities96.6364.3838.10
Assets
Gross block12.6612.076.69
Net block5.467.384.07
Capital work in progress0.000.000.00
Investments36.1820.4117.67
Inventories0.000.000.00
Sundry debtors49.1449.0122.44
Cash & bank balances38.8026.209.11
Loans & advances12.619.576.17
Total current assets10184.7837.72
Total current liabilities47.7448.9421.90
Net working capital52.8135.8415.82
Total assets96.6364.3838.10
ParticularsFY 2025-26FY 2024-25FY 2023-24
Opening cash26.209.1111.34
Net cash from operating activities26.4623.739.91
Net cash from investing activities(13.43)(6.14)(14.47)
Net cash from financing activities(0.44)(0.49)2.34
Net change in cash12.6017.10(2.23)
Closing cash38.8026.209.11
ParticularsFY 2025-26FY 2024-25FY 2023-24
Growth
Sales growth+21.7%+68.3%-
EBITDA growth+32.8%+64.9%-
PBT growth+22.4%+70.9%+9997.0%
Net income growth+26.7%+64.8%-
Profitability & leverage
Net income margin+18.8%+18.8%+18.7%
Return on capital employed+53.6%+68.9%+53.7%
Return on net worth+41.9%+54.6%+44.3%
Debt / equity0.030.050.07
Long-term debt / equity0.030.050.07
Interest cover0.780.970.16
Efficiency & per share
Fixed asset turnover13.7614.9012.41
Inventory turnover0.000.000.00
Debtors turnover3.473.913.70
EPS (₹)17.2314.178.35
Dividend per share (₹)0.000.000.00
Book value per share (₹)49.3333.0218.84
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue26.9025.6226.9826.1525.1723.3923.2021.26
Revenue growth (YoY)+6.9%+9.5%+16.3%+23.0%+21.4%+13.3%--
Other income1.330.69(1.31)0.050.832.402.070.83
Total expenses15.1615.0114.3716.4516.3916.3316.0513.10
EBITDA11.7410.6112.619.708.787.067.158.16
EBITDA margin+43.6%+41.4%+46.7%+37.1%+34.9%+30.2%+30.8%+38.4%
Depreciation0.480.430.640.640.630.600.650.63
Interest0.070.070.130.060.060.070.060.07
Profit before tax12.5210.8010.539.058.928.798.518.29
Tax3.002.572.792.292.252.162.082.25
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue10285.8564.7432.3019.818.847.74
Revenue growth+18.5%+32.6%+100.4%+63.1%+124.1%+14.2%-
Other income1.974.461.652.110.590.500.75
Total expenses63.5656.8846.5826.4916.387.366.69
Employee cost48.8145.0935.8320.5913.676.515.46
EBITDA38.1428.9718.165.813.431.481.05
EBITDA margin+37.5%+33.7%+28.1%+18.0%+17.3%+16.7%+13.6%
Depreciation2.522.071.100.540.330.250.14
Interest0.310.270.030.000.000.000.00
Profit before tax37.2831.0918.687.383.691.731.66
Tax9.487.784.591.840.910.410.38
Net profit25.6321.9813.415.062.491.181.05
Net profit margin+25.2%+25.6%+20.7%+15.7%+12.6%+13.4%+13.6%
EPS (₹)14.9612.557.585.384.031.901.86
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18.5818.5818.5810.326.886.886.88
Reserves & surplus63.1538.2314.959.057.024.413.13
Shareholders' funds (net worth)81.7356.8133.5319.3713.9011.2910.01
Secured loans1.892.112.360.000.000.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt1.892.112.360.000.000.000.00
Total liabilities86.7359.8436.6219.9714.4911.6210.22
Assets
Gross block12.6612.076.693.291.801.111.11
Net block5.467.384.071.770.810.390.64
Capital work in progress0.000.000.000.000.000.000.00
Investments36.2720.5117.765.669.387.715.58
Inventories0.000.000.000.000.000.000.00
Sundry debtors15.1410.628.633.601.160.491.29
Cash & bank balances33.9424.138.4211.344.363.292.79
Loans & advances12.209.576.152.911.300.790.74
Total current assets61.2844.3223.2017.856.824.574.82
Total current liabilities18.4713.128.915.572.741.190.90
Net working capital42.8131.2014.2912.284.083.383.92
Total assets86.7359.8436.6219.9714.4911.6210.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash24.138.4211.344.363.292.792.93
Net cash from operating activities23.6822.349.324.081.300.16(0.13)
Net cash from investing activities(13.43)(6.14)(14.57)2.91(0.23)0.35(0.02)
Net cash from financing activities(0.44)(0.49)2.320.000.000.000.00
Net change in cash9.8115.71(2.92)6.991.060.51(0.14)
Closing cash33.9424.138.4211.344.363.292.79
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.5%+32.6%+100.4%+63.1%+124.1%+14.2%-
EBITDA growth+31.7%+59.5%+212.6%+69.4%+131.8%+41.0%-
PBT growth+19.9%+66.4%+153.1%+100.0%+113.3%+4.2%+38.3%
Net income growth+16.6%+63.9%+165.0%+103.2%+111.0%+12.4%-
Revenue CAGR (3Y)+46.6%+63.0%+94.2%+61.0%+36.3%+34.7%+36.4%
EBITDA CAGR (3Y)+87.2%+103.7%+130.7%+76.9%+71.5%+86.0%+31.7%
Profitability & leverage
Net income margin+27.3%+27.2%+21.8%+17.2%+14.0%+14.9%+16.5%
Return on capital employed+51.3%+65.0%+66.0%+42.9%+25.3%+14.0%+14.1%
Return on net worth+40.1%+51.6%+53.2%+33.4%+19.7%+11.0%+11.2%
Debt / equity0.030.050.040.000.000.000.00
Long-term debt / equity0.030.050.040.000.000.000.00
Interest cover0.871.000.180.000.000.000.00
Efficiency & per share
Fixed asset turnover8.229.1512.9712.6913.627.969.00
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover7.908.9210.5913.5724.019.933.15
EPS (₹)14.9612.557.585.384.031.901.86
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)44.0030.5818.0518.7720.2116.4114.55

Competitors of NINtec Systems

NINtec Systems has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Happiest Minds
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
Datamatics
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Related news about Nintec Systems

NINtec Systems Ltd Falls 2.5% | Capital Market News - Business Standard
Business Standard • 2 months ago
Nintec Systems Re-Appoints Niraj Chhaganraj Gemawat As Managing Director For 5 Years
Reuters • 4 months ago
Nintec Systems Enters EUR 1.10 Million Contract With Finland Based Client
Reuters • 4 months ago
NINtec Systems consolidated net profit rises 29.63% in the March 2025 quarter | Capital Market News - Business Standard
Business Standard • 1 year ago
NINtec Systems to table results
India Infoline • 1 year ago
NINtec Systems Standalone Q4 FY24 Profits Surge by 159 per cent, Margins Expand by 800 Bps
Aninews • 2 years ago
Nintec Systems Recommends Issue Of Bonus Equity Shares In Ratio Of 4:5
Reuters • 3 years ago
Nintec Systems Has Made Investment Into Nintec Business Consulting Llp By Becoming Partner In The Firm
Reuters • 3 years ago
NINtec Systems Approves Investment Of Co In A Limited Liability Partnership Firm
Reuters • 3 years ago
Nintec Systems Recommends Issue Of Bonus Shares In Ratio Of 1:2
Reuters • 4 years ago
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Frequently Asked Questions about NINtec Systems

NINtec Systems was founded in 2015.

NINtec Systems is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

NINtec Systems has 425 employees.

The primary company behind NINtec Systems, Nintec Systems Limited, reported revenue of ₹172 Cr for FY 2026, up 22% year on year.

Nintec Systems was founded in 2015 in Ahmedabad, India, as an IT services and solutions provider. Application development and maintenance are handled, along with strategic offshore software product development, legacy system upgrades, software migration, and search engine optimization. Operations target verticals such as automotive, print media and publishing, BFSI, transportation, and logistics. Focus remains on delivering technical solutions in the IT sector.

NINtec Systems's top competitors include Happiest Minds and Datamatics.

NINtec Systems offers Business Analytics, Cloud Services, Application Engineering, Testing Services, and 4 more products and services.

Yes, NINtec Systems is publicly traded on NSE under the ticker symbol NINSYS.

NINtec Systems operates through Nintec Systems Limited.

The legal entities of NINtec Systems currently have 8 directors, including Niraj Chhaganraj Gemawat, Indrajeet Anath Mitra, Rachana Niraj Gemawat and others.

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