
About NPST Solutions
NPST Solutions is a publicly listed company based in Thane (India) founded in 2013 by Savita Vashist, Ashish Aggarwal, and Deepak Chand Thakur. Digital banking and payment solutions are provided by NPST Solutions. It operates on a SaaS (Software-as-a-Service), Managed Services, and FinTech model. The company has 352 employees. Its chief executive, as recorded, is Deepak Chand Thakur. Its website npstx.com draws about 13 thousand monthly visits. Its Indian entity Network People Services Technologies Limited reported revenue of βΉ209 Cr. NPST Solutions offers products and services including PPaaS, UPI Switch, and TimePay. Its focus areas include Technology, Financial Technology and Payment Solutions. Its competitors include Comviva and Infibeam Avenues; 1 of its 2 listed competitors has raised funding.
Company details
Digital banking and payment solutions are delivered by NPST Solutions to banks, payment aggregators, and consumers across India. Services are focused on secure, scalable, and future-ready technologies for payment processing, fraud prevention, and digital transformation. Sectors served include financial technology and regulated fintechs, with solutions like UPI Switch, PPaaS, and TimePay being offered. Infrastructure management and compliance support are also provided to enhance operational efficiency and business agility.
- Headquarters Thane, India
- Employees 352
- Founders Savita Vashist, Ashish Aggarwal, Deepak Chand Thakur
- Stage Public
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website npstx.com
- Social LinkedIn X Facebook YouTube
- Legal Name Network People Services Technologies Limited
- Market Cap₹3,625 Cr
NPST · NSE
- Share Price₹1,737.30
-2.28% today
- Revenue₹195 Cr
FY 2025-26 · +12.5% YoY
- EBITDA₹50.64 Cr
Margin 26.0%
- Net Profit₹40.82 Cr
FY 2025-26 · -9.7% YoY
- P/E (TTM)83.0x
P/B 8.4x
- Latest Funding Round$33.38M (USD), Post-IPO
Dec 2025
- Investors
- Employee Count352
Associated legal entities of NPST Solutions
NPST Solutions operates through Network People Services Technologies Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Network People Services Technologies Limited Listed CIN L74110MH2013PLC248874 | Active | 04 Oct 2013 | Thane, Maharashtra | ₹209 Cr | 271 | 8 | View details |
Products & Services of NPST Solutions
NPST Solutions offers a comprehensive portfolio of products and services, including PPaaS, UPI Switch, and TimePay.
Payment platform is provided for merchant acquiring solutions.
UPI Switch is offered for digital payment processing.
TimePay is designed for consumer digital payment transactions.
Funding Insights of NPST Solutions
- Total Rounds 1
- Last Round Post-IPO β $33.38M
- First Round $33.38M
(Dec 2025)
- Investors Count 1
All 1 funding rounds of NPST Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2025 | $33.38M | Post-IPO | β | β |
1 investors in total: 1 institutional.
Investors in NPST Solutions
NPST Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tata Mutual Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| tatamutualfund.com |
Investor details for NPST Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Network People Services Technologies Limited (NPST Solutions)
Network People Services Technologies Limited is the primary company behind NPST Solutions. The board of Network People Services Technologies Limited currently have 5 directors; the longest-serving is Deepak Chand Thakur, appointed in 2014. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Chand Thakur DIN 06713945 | Managing Director | 26 Jul 2014 | 12 yrs 3 mo | Network People Services Technologies Limited |
| Ashish Aggarwal DIN 06986812 | Managing Director | 20 Nov 2014 | 11 yrs 11 mo | Network People Services Technologies Limited |
| Panchi Samuthirakani DIN 09205373 | Director | 25 Sep 2023 | 3 yrs 1 mo | Network People Services Technologies Limited |
| Ram Nirankar Rastogi DIN 07063686 | Director | 12 Apr 2024 | 2 yrs 6 mo | Network People Services Technologies Limited |
| Vijay Kumar Singh DIN 07603392 | Director | 28 May 2026 | 5 mo | Network People Services Technologies Limited |
People of NPST Solutions
3 people are tracked at NPST Solutions (3 in leadership); the tracked headcount is 352.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for NPST Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of NPST Solutions
NPST Solutions is a publicly listed company on the NSE with ticker symbol NPST 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 date10 Aug 2021
- Listed onNSE: NPST
- Listed entityNetwork People Services Technologies Limited
- Exchange sectorTechnology services
- ISININE0FFK01017
- Share price₹1,824.10 (-0.41% on the day) · 2026-10-14
- Market capitalisation₹3,820 Cr
- Price to earnings84.9
- EPS (diluted, trailing year)₹21.50
- Dividend yield0.11%
- Volume (last session)16,166
Financials of NPST Solutions
Exchange-reported figures of Network People Services Technologies Limited, the listed company behind NPST Solutions (NSE: NPST).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 195 | 173 | 128 | 40.84 | 19.24 | 15.34 | 15.19 |
| Revenue growth | +12.5% | +35.8% | +212.3% | +112.3% | +25.4% | +1.0% | - |
| EBITDA | 50.64 | 60.16 | 42.79 | 12.03 | 3.50 | 2.94 | 2.23 |
| EBITDA margin | +26.0% | +34.7% | +33.6% | +29.5% | +18.2% | +19.2% | +14.7% |
| Profit before tax | 55.06 | 60.35 | 35.56 | 8.73 | 2.00 | 1.43 | 1.42 |
| Net profit | 40.82 | 45.20 | 26.90 | 6.54 | 1.52 | 1.07 | 1.04 |
| Net profit margin | +20.9% | +26.1% | +21.1% | +16.0% | +7.9% | +7.0% | +6.9% |
| EPS (βΉ) | 20.58 | 23.31 | 13.87 | 10.10 | 2.32 | 2.40 | 10.41 |
| Balance sheet | |||||||
| Total assets | 456 | 115 | 62.77 | 30.06 | 23.10 | 7.78 | 6.12 |
| Net worth | 440 | 104 | 57.69 | 28.63 | 22.11 | 6.73 | 5.64 |
| Total debt | 13.76 | 9.59 | 2.84 | 0.20 | 0.00 | 0.38 | 0.00 |
| Cash & bank | 309 | 94.42 | 62.28 | 19.34 | 0.98 | 0.45 | 0.34 |
| Net working capital | 392 | 97.96 | 49.04 | 15.93 | 11.31 | 0.66 | 0.10 |
| Cash flow | |||||||
| Cash from operations | (45.43) | 29.06 | 50.97 | 23.90 | (7.44) | 2.33 | 3.12 |
| Cash from investing | (42.16) | 8.42 | (33.09) | (5.73) | (5.49) | (2.55) | (2.81) |
| Cash from financing | 296 | 6.74 | (0.26) | 0.19 | 13.45 | 0.33 | (0.01) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56.48 | 61.98 | 52.62 | 46.68 | 33.62 | 26.35 | 21.24 | 66.75 |
| Revenue growth (YoY) | +68.0% | +135.2% | +147.7% | -30.1% | -42.9% | - | - | - |
| Other income | 4.94 | 6.48 | 4.55 | 2.00 | 1.47 | 1.76 | 2.00 | 2.22 |
| EBITDA | 13.85 | 12.98 | 14.20 | 13.65 | 9.83 | 8.75 | 6.58 | 23.11 |
| EBITDA margin | +24.5% | +20.9% | +27.0% | +29.2% | +29.2% | +33.2% | +31.0% | +34.6% |
| Depreciation | 4.09 | 3.18 | 2.57 | 1.98 | 1.43 | 2.06 | 1.73 | 1.33 |
| Interest | 0.21 | 0.35 | 0.19 | 0.17 | 0.21 | 0.18 | 0.05 | 0.01 |
| Profit before tax | 14.49 | 15.93 | 15.99 | 13.50 | 9.66 | 8.27 | 6.80 | 23.99 |
| Tax | 3.44 | 3.69 | 4.45 | 3.65 | 2.48 | 3.05 | 1.67 | 5.85 |
| Net profit | 11.05 | 12.24 | 11.54 | 9.85 | 7.18 | 5.22 | 5.13 | 18.14 |
| EPS (βΉ) | 5.26 | 6.17 | 5.92 | 4.40 | 3.70 | 3.09 | 2.64 | 9.34 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 194 | 173 | 128 | 40.79 | 19.16 | 15.20 | 15.01 |
| Revenue growth | +12.2% | +35.8% | +212.6% | +112.9% | +26.1% | +1.3% | - |
| EBITDA | 51.03 | 60.37 | 42.84 | 12.03 | 3.49 | 2.93 | 2.21 |
| EBITDA margin | +26.3% | +34.9% | +33.6% | +29.5% | +18.2% | +19.3% | +14.7% |
| Profit before tax | 55.39 | 60.33 | 35.53 | 8.73 | 1.99 | 1.42 | 1.40 |
| Net profit | 41.06 | 45.19 | 26.88 | 6.54 | 1.51 | 1.07 | 1.02 |
| Net profit margin | +21.2% | +26.1% | +21.1% | +16.0% | +7.9% | +7.0% | +6.8% |
| EPS (βΉ) | 20.70 | 23.31 | 13.87 | 10.09 | 2.31 | 2.38 | 10.26 |
| Balance sheet | |||||||
| Total assets | 456 | 114 | 61.95 | 30.00 | 23.04 | 7.88 | 6.08 |
| Net worth | 441 | 104 | 57.62 | 28.57 | 22.05 | 6.68 | 5.60 |
| Total debt | 13.76 | 9.59 | 2.84 | 0.20 | 0.00 | 0.38 | 0.00 |
| Cash & bank | 299 | 89.69 | 57.36 | 19.31 | 0.97 | 0.44 | 0.34 |
| Net working capital | 383 | 93.25 | 44.03 | 15.86 | 11.25 | 0.45 | 0.05 |
| Cash flow | |||||||
| Cash from operations | (46.63) | 28.73 | 51.15 | 23.88 | (7.44) | 2.33 | 3.12 |
| Cash from investing | (46.34) | 8.41 | (36.90) | (5.73) | (5.49) | (2.55) | (2.81) |
| Cash from financing | 296 | 6.76 | (1.01) | 0.19 | 13.45 | 0.33 | (0.01) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49.89 | 61.42 | 52.52 | 46.61 | 33.61 | 26.30 | 21.22 | 66.74 |
| Revenue growth (YoY) | +48.4% | +133.5% | +147.5% | -30.2% | -42.9% | - | - | - |
| Other income | 5.00 | 6.49 | 4.51 | 2.00 | 1.42 | 1.71 | 1.94 | 2.17 |
| Total expenses | 36.62 | 48.27 | 38.21 | 32.89 | 23.76 | 17.50 | 14.60 | 43.56 |
| EBITDA | 13.27 | 13.15 | 14.31 | 13.72 | 9.85 | 8.80 | 6.62 | 23.18 |
| EBITDA margin | +26.6% | +21.4% | +27.2% | +29.4% | +29.3% | +33.5% | +31.2% | +34.7% |
| Depreciation | 4.09 | 3.18 | 2.57 | 1.98 | 1.43 | 2.06 | 1.73 | 1.33 |
| Interest | 0.21 | 0.35 | 0.19 | 0.17 | 0.21 | 0.18 | 0.05 | 0.01 |
| Profit before tax | 13.97 | 16.11 | 16.06 | 13.57 | 9.63 | 8.27 | 6.78 | 24.01 |
| Tax | 3.43 | 3.77 | 4.45 | 3.65 | 2.47 | 2.25 | 1.67 | 5.85 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56.48 | 61.98 | 52.62 | 46.68 | 33.62 | 26.35 | 21.24 | 66.75 |
| Revenue growth (YoY) | +68.0% | +135.2% | +147.7% | -30.1% | -42.9% | - | - | - |
| Other income | 4.94 | 6.48 | 4.55 | 2.00 | 1.47 | 1.76 | 2.00 | 2.22 |
| EBITDA | 13.85 | 12.98 | 14.20 | 13.65 | 9.83 | 8.75 | 6.58 | 23.11 |
| EBITDA margin | +24.5% | +20.9% | +27.0% | +29.2% | +29.2% | +33.2% | +31.0% | +34.6% |
| Depreciation | 4.09 | 3.18 | 2.57 | 1.98 | 1.43 | 2.06 | 1.73 | 1.33 |
| Interest | 0.21 | 0.35 | 0.19 | 0.17 | 0.21 | 0.18 | 0.05 | 0.01 |
| Profit before tax | 14.49 | 15.93 | 15.99 | 13.50 | 9.66 | 8.27 | 6.80 | 23.99 |
| Tax | 3.44 | 3.69 | 4.45 | 3.65 | 2.48 | 3.05 | 1.67 | 5.85 |
| Net profit | 11.05 | 12.24 | 11.54 | 9.85 | 7.18 | 5.22 | 5.13 | 18.14 |
| EPS (βΉ) | 5.26 | 6.17 | 5.92 | 4.40 | 3.70 | 3.09 | 2.64 | 9.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 195 | 173 | 128 | 40.84 | 19.24 | 15.34 | 15.19 |
| Revenue growth | +12.5% | +35.8% | +212.3% | +112.3% | +25.4% | +1.0% | - |
| Other income | 14.49 | 7.41 | 2.69 | 0.34 | 0.33 | 0.06 | 0.06 |
| Total expenses | 144 | 113 | 84.76 | 28.81 | 15.74 | 12.40 | 12.96 |
| Employee cost | 0.00 | 37.89 | 27.22 | 11.90 | 5.86 | 5.42 | 4.10 |
| EBITDA | 50.64 | 60.16 | 42.79 | 12.03 | 3.50 | 2.94 | 2.23 |
| EBITDA margin | +26.0% | +34.7% | +33.6% | +29.5% | +18.2% | +19.2% | +14.7% |
| Depreciation | 9.16 | 6.88 | 9.60 | 3.63 | 1.78 | 1.52 | 0.86 |
| Interest | 0.91 | 0.34 | 0.32 | 0.01 | 0.05 | 0.05 | 0.01 |
| Profit before tax | 55.06 | 60.35 | 35.56 | 8.73 | 2.00 | 1.43 | 1.42 |
| Tax | 14.24 | 15.15 | 8.68 | 2.22 | 0.48 | 0.36 | 0.38 |
| Net profit | 40.82 | 45.20 | 26.90 | 6.54 | 1.52 | 1.07 | 1.04 |
| Net profit margin | +20.9% | +26.1% | +21.1% | +16.0% | +7.9% | +7.0% | +6.9% |
| EPS (βΉ) | 20.58 | 23.31 | 13.87 | 10.10 | 2.32 | 2.40 | 10.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.85 | 19.39 | 19.39 | 6.46 | 6.46 | 4.50 | 1.00 |
| Reserves & surplus | 420 | 84.31 | 38.30 | 22.17 | 15.65 | 2.23 | 4.64 |
| Shareholders' funds (net worth) | 440 | 104 | 57.69 | 28.63 | 22.11 | 6.73 | 5.64 |
| Minority interest | 0.75 | 0.76 | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 5.52 | 3.13 | 0.14 | 0.20 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 8.24 | 6.46 | 2.70 | 0.00 | 0.00 | 0.38 | 0.00 |
| Total debt | 13.76 | 9.59 | 2.84 | 0.20 | 0.00 | 0.38 | 0.00 |
| Total liabilities | 456 | 115 | 62.77 | 30.06 | 23.10 | 7.78 | 6.12 |
| Assets | |||||||
| Gross block | 58.07 | 31.96 | 21.89 | 19.84 | 11.37 | 7.98 | 6.74 |
| Net block | 29.53 | 12.58 | 9.39 | 9.26 | 4.29 | 2.69 | 2.97 |
| Capital work in progress | 25.48 | 0.72 | 0.00 | 3.80 | 6.32 | 3.92 | 2.62 |
| Investments | 0.77 | 0.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.88 | 0.07 | 0.64 | 2.99 | 2.73 | 0.56 | 0.35 |
| Sundry debtors | 104 | 31.84 | 0.98 | 0.90 | 5.00 | 7.37 | 2.15 |
| Cash & bank balances | 309 | 94.42 | 62.28 | 19.34 | 0.98 | 0.45 | 0.34 |
| Loans & advances | 29.50 | 2.71 | 1.92 | 1.71 | 9.87 | 1.02 | 1.11 |
| Total current assets | 444 | 129 | 65.82 | 24.94 | 18.58 | 9.40 | 3.95 |
| Total current liabilities | 51.93 | 31.08 | 16.78 | 9.01 | 7.27 | 8.74 | 3.85 |
| Net working capital | 392 | 97.96 | 49.04 | 15.93 | 11.31 | 0.66 | 0.10 |
| Total assets | 456 | 115 | 62.77 | 30.06 | 23.10 | 7.78 | 6.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 69.31 | 25.09 | 7.47 | 0.98 | 0.45 | 0.34 | 0.04 |
| Net cash from operating activities | (45.43) | 29.06 | 50.97 | 23.90 | (7.44) | 2.33 | 3.12 |
| Net cash from investing activities | (42.16) | 8.42 | (33.09) | (5.73) | (5.49) | (2.55) | (2.81) |
| Net cash from financing activities | 296 | 6.74 | (0.26) | 0.19 | 13.45 | 0.33 | (0.01) |
| Net change in cash | 208 | 44.22 | 17.62 | 18.37 | 0.52 | 0.11 | 0.30 |
| Closing cash | 309 | 94.42 | 62.28 | 19.34 | 0.98 | 0.45 | 0.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.5% | +35.8% | +212.3% | +112.3% | +25.4% | +1.0% | - |
| EBITDA growth | -15.8% | +40.6% | +255.7% | +243.7% | +19.1% | +31.8% | - |
| PBT growth | -8.8% | +69.7% | +307.3% | +336.5% | +39.9% | +0.7% | -23.7% |
| Net income growth | -9.7% | +68.0% | +311.3% | +330.3% | +42.1% | +2.9% | - |
| Revenue CAGR (3Y) | +68.4% | +108.0% | +102.6% | +39.1% | +2.3% | -4.3% | - |
| EBITDA CAGR (3Y) | +61.5% | +158.1% | +144.2% | +75.4% | +5.5% | +6.6% | - |
| Profitability & leverage | |||||||
| Net income margin | +20.9% | +26.1% | +21.1% | +15.9% | +7.9% | +7.0% | +6.9% |
| Return on capital employed | - | +68.9% | +78.0% | +32.9% | +13.2% | +21.4% | +25.8% |
| Return on net worth | - | +56.0% | +62.3% | +25.7% | +10.4% | +17.5% | +20.3% |
| Debt / equity | - | 0.08 | 0.04 | 0.00 | 0.01 | 0.03 | 0.00 |
| Long-term debt / equity | - | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 2.19 | 0.64 | 0.96 | 0.12 | 2.91 | 3.52 | 0.73 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 6.43 | 6.11 | 2.62 | 1.99 | 2.08 | 2.74 |
| Inventory turnover | - | 487.92 | 70.28 | 14.28 | 11.70 | 33.71 | 28.66 |
| Debtors turnover | - | 10.56 | 135.69 | 13.84 | 3.11 | 3.22 | 6.52 |
| EPS (βΉ) | 20.58 | 23.31 | 13.87 | 10.10 | 2.32 | 2.40 | 10.41 |
| Dividend per share (βΉ) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 0.00 | 53.49 | 29.76 | 44.31 | 34.21 | 14.96 | 56.41 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49.89 | 61.42 | 52.52 | 46.61 | 33.61 | 26.30 | 21.22 | 66.74 |
| Revenue growth (YoY) | +48.4% | +133.5% | +147.5% | -30.2% | -42.9% | - | - | - |
| Other income | 5.00 | 6.49 | 4.51 | 2.00 | 1.42 | 1.71 | 1.94 | 2.17 |
| Total expenses | 36.62 | 48.27 | 38.21 | 32.89 | 23.76 | 17.50 | 14.60 | 43.56 |
| EBITDA | 13.27 | 13.15 | 14.31 | 13.72 | 9.85 | 8.80 | 6.62 | 23.18 |
| EBITDA margin | +26.6% | +21.4% | +27.2% | +29.4% | +29.3% | +33.5% | +31.2% | +34.7% |
| Depreciation | 4.09 | 3.18 | 2.57 | 1.98 | 1.43 | 2.06 | 1.73 | 1.33 |
| Interest | 0.21 | 0.35 | 0.19 | 0.17 | 0.21 | 0.18 | 0.05 | 0.01 |
| Profit before tax | 13.97 | 16.11 | 16.06 | 13.57 | 9.63 | 8.27 | 6.78 | 24.01 |
| Tax | 3.43 | 3.77 | 4.45 | 3.65 | 2.47 | 2.25 | 1.67 | 5.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 194 | 173 | 128 | 40.79 | 19.16 | 15.20 | 15.01 |
| Revenue growth | +12.2% | +35.8% | +212.6% | +112.9% | +26.1% | +1.3% | - |
| Other income | 14.43 | 7.18 | 2.61 | 0.34 | 0.33 | 0.06 | 0.06 |
| Total expenses | 143 | 113 | 84.67 | 28.76 | 15.67 | 12.27 | 12.80 |
| Employee cost | 0.00 | 37.81 | 27.22 | 11.89 | 5.85 | 5.37 | 4.02 |
| EBITDA | 51.03 | 60.37 | 42.84 | 12.03 | 3.49 | 2.93 | 2.21 |
| EBITDA margin | +26.3% | +34.9% | +33.6% | +29.5% | +18.2% | +19.3% | +14.7% |
| Depreciation | 9.16 | 6.88 | 9.60 | 3.63 | 1.78 | 1.52 | 0.86 |
| Interest | 0.91 | 0.34 | 0.32 | 0.01 | 0.05 | 0.05 | 0.01 |
| Profit before tax | 55.39 | 60.33 | 35.53 | 8.73 | 1.99 | 1.42 | 1.40 |
| Tax | 14.33 | 15.14 | 8.67 | 2.22 | 0.48 | 0.35 | 0.38 |
| Net profit | 41.06 | 45.19 | 26.88 | 6.54 | 1.51 | 1.07 | 1.02 |
| Net profit margin | +21.2% | +26.1% | +21.1% | +16.0% | +7.9% | +7.0% | +6.8% |
| EPS (βΉ) | 20.70 | 23.31 | 13.87 | 10.09 | 2.31 | 2.38 | 10.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.85 | 19.39 | 19.39 | 6.46 | 6.46 | 4.50 | 1.00 |
| Reserves & surplus | 420 | 84.25 | 38.23 | 22.11 | 15.59 | 2.18 | 4.60 |
| Shareholders' funds (net worth) | 441 | 104 | 57.62 | 28.57 | 22.05 | 6.68 | 5.60 |
| Secured loans | 5.52 | 3.13 | 0.14 | 0.20 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 8.24 | 6.46 | 2.70 | 0.00 | 0.00 | 0.38 | 0.00 |
| Total debt | 13.76 | 9.59 | 2.84 | 0.20 | 0.00 | 0.38 | 0.00 |
| Total liabilities | 456 | 114 | 61.95 | 30.00 | 23.04 | 7.88 | 6.08 |
| Assets | |||||||
| Gross block | 58.02 | 31.91 | 21.89 | 19.84 | 11.37 | 7.98 | 6.74 |
| Net block | 29.53 | 12.58 | 9.39 | 9.26 | 4.29 | 2.69 | 2.97 |
| Capital work in progress | 23.82 | 0.00 | 0.00 | 3.80 | 6.32 | 3.92 | 2.62 |
| Investments | 10.04 | 4.55 | 4.26 | 0.01 | 0.01 | 0.01 | 0.01 |
| Inventories | 0.00 | 0.00 | 0.51 | 2.99 | 2.73 | 0.56 | 0.35 |
| Sundry debtors | 104 | 31.81 | 0.98 | 0.89 | 4.99 | 7.33 | 2.15 |
| Cash & bank balances | 299 | 89.69 | 57.36 | 19.31 | 0.97 | 0.44 | 0.34 |
| Loans & advances | 32.08 | 2.72 | 1.91 | 1.67 | 9.82 | 0.67 | 1.05 |
| Total current assets | 435 | 124 | 60.76 | 24.86 | 18.51 | 9.00 | 3.89 |
| Total current liabilities | 51.77 | 30.97 | 16.73 | 9.00 | 7.26 | 8.55 | 3.84 |
| Net working capital | 383 | 93.25 | 44.03 | 15.86 | 11.25 | 0.45 | 0.05 |
| Total assets | 456 | 114 | 61.95 | 30.00 | 23.04 | 7.88 | 6.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 64.58 | 20.68 | 7.44 | 0.97 | 0.44 | 0.34 | 0.04 |
| Net cash from operating activities | (46.63) | 28.73 | 51.15 | 23.88 | (7.44) | 2.33 | 3.12 |
| Net cash from investing activities | (46.34) | 8.41 | (36.90) | (5.73) | (5.49) | (2.55) | (2.81) |
| Net cash from financing activities | 296 | 6.76 | (1.01) | 0.19 | 13.45 | 0.33 | (0.01) |
| Net change in cash | 203 | 43.90 | 13.24 | 18.34 | 0.53 | 0.10 | 0.30 |
| Closing cash | 299 | 89.69 | 57.36 | 19.31 | 0.97 | 0.44 | 0.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.2% | +35.8% | +212.6% | +112.9% | +26.1% | +1.3% | - |
| EBITDA growth | -15.5% | +40.9% | +256.1% | +244.7% | +19.1% | +32.6% | - |
| PBT growth | -8.2% | +69.8% | +307.0% | +338.7% | +40.1% | +1.4% | -23.9% |
| Net income growth | -9.1% | +68.1% | +311.0% | +333.1% | +41.1% | +4.9% | - |
| Revenue CAGR (3Y) | +68.2% | +108.3% | +103.2% | +39.6% | +2.5% | -4.4% | - |
| EBITDA CAGR (3Y) | +61.9% | +158.6% | +144.5% | +75.9% | +5.6% | +6.6% | - |
| Profitability & leverage | |||||||
| Net income margin | +21.2% | +26.1% | +21.1% | +16.0% | +7.9% | +7.0% | +6.8% |
| Return on capital employed | - | +69.0% | +78.0% | +33.0% | +13.1% | +21.2% | +25.5% |
| Return on net worth | - | +56.1% | +62.4% | +25.8% | +10.4% | +17.4% | +20.2% |
| Debt / equity | - | 0.08 | 0.04 | 0.00 | 0.01 | 0.03 | 0.00 |
| Long-term debt / equity | - | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 2.17 | 0.64 | 0.96 | 0.12 | 2.92 | 3.55 | 0.74 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 6.44 | 6.11 | 2.61 | 1.98 | 2.07 | 2.71 |
| Inventory turnover | - | 678.90 | 72.86 | 14.26 | 11.65 | 33.41 | 28.87 |
| Debtors turnover | - | 10.56 | 136.37 | 13.87 | 3.11 | 3.21 | 6.44 |
| EPS (βΉ) | 20.70 | 23.31 | 13.87 | 10.09 | 2.31 | 2.38 | 10.26 |
| Dividend per share (βΉ) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 0.00 | 53.45 | 29.72 | 44.22 | 34.13 | 14.85 | 56.02 |
Timeline of NPST Solutions
3 dated milestones of NPST Solutions across 12 years, from founding to its latest funding, stage changes and deals.
- Founded NPST Solutions is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $33.4M.
Competitors of NPST Solutions
NPST Solutions has 2 listed competitors in our database, 1 of them funded. They include Comviva and Infibeam Avenues.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| comviva.com | 1999 | Gurugram, India | $13.5M | 2,283 | Software platforms for telecommunications, digital payments, and experiences are provided. | |
| ia.ooo | 2007 | Gandhinagar, India | 642 | Digital payment solutions and enterprise software platforms are provided. |
Detailed competitors of NPST Solutions
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Web traffic of NPST Solutions
The website of NPST Solutions (npstx.com) receives about 13.2K visits a month.
- Monthly visits13.2K
▲ 137.7% vs previous month
Websites whose visitors overlap most with NPST Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indiaratings.co.in | 100% | 69.5K | #585,734 | View details | |
| oscilar.com | 71% | #912,482 | View details |
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Frequently Asked Questions about NPST Solutions
NPST Solutions was founded in 2013 and raised its 1st funding round 12 years after it was founded.
NPST Solutions is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Deepak Chand Thakur is the CEO of NPST Solutions, as recorded in our data. They have also founded this company.
NPST Solutions has 352 employees.
The primary company behind NPST Solutions, Network People Services Technologies Limited, reported revenue of βΉ209 Cr for FY 2026, up 13% year on year.
Digital banking and payment solutions are delivered by NPST Solutions to banks, payment aggregators, and consumers across India. Services are focused on secure, scalable, and future-ready technologies for payment processing, fraud prevention, and digital transformation. Sectors served include financial technology and regulated fintechs, with solutions like UPI Switch, PPaaS, and TimePay being offered. Infrastructure management and compliance support are also provided to enhance operational efficiency and business agility.
NPST Solutions's top competitors include Comviva and Infibeam Avenues.
NPST Solutions offers PPaaS, UPI Switch, and TimePay.
Yes, NPST Solutions is publicly traded on NSE under the ticker symbol NPST.
NPST Solutions has 1 investor. Key investors include Tata Mutual Fund.
NPST Solutions operates through Network People Services Technologies Limited.
The legal entities of NPST Solutions currently have 7 directors, including Deepak Chand Thakur, Ashish Aggarwal, Inder Kumar Naugai and others.
