- #1,750 Rajendra Singh Pawar & family ₹1,000 Cr
- #1,750 Vijay Kumar Thadani & family ₹1,000 Cr

About Niit Learning Systems Limited
Data last updated:
Niit Learning Systems Limited is a public limited company based in Gurugram, Haryana, India, a subsidiary of Niit Limited. It operates in the edtech solutions segment of the education sector. It was incorporated on 16 July 2001 and has been in existence for over 25 years.
Its director Rajendra Singh Pawar and family are #1,750 among India's richest people (2026). Its director Vijay Kumar Thadani and family are #1,750 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L72200HR2001PLC099478. Its GSTIN is 06AACCM9500C1ZX (Haryana). The company holds 10 GST registrations, of which 8 are active. Its shares are listed on BSE: 543952 and NSE: NIITMTS.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹27.5 Cr. It was formerly known as Hole-In-The-Wall Education Limited and Mindchampion Learning Systems Limited. It is led by directors including Vijay Kumar Thadani (Managing Director) and Sapnesh Kumar Lalla (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 85 Sector 32 Institutional Area, Gurugram, Haryana, India – 122001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,953.79 Cr, a growth of 18.1% compared to the previous year. For the same year it recorded a net profit of ₹213.01 Cr (net margin 10.9%) and EBITDA of ₹323.65 Cr (EBITDA margin 16.6%). The net worth stands at ₹1,542.89 Cr (up 27.5% YoY). Total assets are valued at ₹2,067.39 Cr (up 44.4% YoY).
The company is associated with 2 brands: NIIT Nguru and NIIT. As per MCA filings, the company has open charges of ₹4.8 Cr and satisfied charges of ₹15 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹7.77 Cr; the latest was in May 2023. Its 7 peer companies in the Education industry (Corporate and Commercial Training) are compared by revenue, 2 larger and 5 smaller; the largest is Syngenta India Private Limited with revenue of ₹5,617.67 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niit.com.
Name History of Niit Learning Systems Limited
Niit Learning Systems has undergone 3 name changes throughout its history. The company was previously known as Hole-In-The-Wall Education Limited, Mindchampion Learning Systems Limited, and Minimally Invasive Education Company Ltd. The current legal name is Niit Learning Systems Limited.
| Company Name | Status |
|---|---|
| Niit Learning Systems Limited | Current |
| Hole-In-The-Wall Education Limited | Previous |
| Mindchampion Learning Systems Limited | Previous |
| Minimally Invasive Education Company Ltd | Previous |
CIN History of Niit Learning Systems Limited
Niit Learning Systems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72200HR2001PLC099478, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200HR2001PLC099478 | Current |
| U72200HR2001PLC099478 | Previous |
| U72200DL2001PLC111674 | Previous |
Recognitions & Rankings of Niit Learning Systems
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 85 Sector 32 Institutional Area, Gurugram, Haryana, India – 122001
- IndustryEducation, EdTech Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Niit Learning Systems Limited
Niit Learning Systems operates two associated brands: NIIT Nguru and NIIT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides interactive digital learning tools for K-12 education and school management. | niitnguru.com | |
| Offers training and development solutions to individuals, enterprises, and institutions | niit.com |
Business Activity of Niit Learning Systems Limited
The business activities of Niit Learning Systems are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Niit Learning Systems Limited FY 2025-26 filings available
Niit Learning Systems Limited reported revenue of ₹1,953.79 Cr (up 18.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 1,954 | 1,654 | 1,554 | 1,363 | 1,134 |
| Revenue growth | +18.1% | +6.4% | +14.0% | +20.2% | - |
| EBITDA | 324 | 347 | 360 | 277 | 294 |
| EBITDA margin | +16.6% | +21.0% | +23.1% | +20.3% | +25.9% |
| Profit before tax | 331 | 306 | 297 | 228 | 262 |
| Net profit | 213 | 236 | 217 | 209 | 204 |
| Net profit margin | +10.9% | +14.3% | +14.0% | +15.4% | +18.0% |
| EPS (₹) | 18.01 | 16.71 | 15.75 | 14.28 | 17.48 |
| Balance sheet | |||||
| Total assets | 2,067 | 1,432 | 1,262 | 1,103 | 557 |
| Net worth | 1,543 | 1,210 | 977 | 770 | 545 |
| Total debt | 318 | 103 | 132 | 129 | 11.81 |
| Cash & bank | 395 | 342 | 284 | 279 | 353 |
| Net working capital | 396 | 341 | 208 | 177 | 312 |
| Cash flow | |||||
| Cash from operations | 288 | 247 | 279 | 153 | 277 |
| Cash from investing | (362) | (122) | (181) | (250) | (61.62) |
| Cash from financing | 130 | (72.58) | (69.27) | 100 | (93.85) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 565 | 525 | 500 | 476 | 451 | 430 | 419 | 397 |
| Revenue growth (YoY) | +25.2% | +22.2% | +19.3% | +19.7% | +10.8% | - | - | - |
| Other income | 16.56 | 32.77 | 21.32 | 8.33 | 13.07 | 12.63 | 10.30 | 12.63 |
| EBITDA | 91.83 | 87.58 | 96.49 | 86.68 | 84.12 | 79.41 | 87.37 | 84.30 |
| EBITDA margin | +16.3% | +16.7% | +19.3% | +18.2% | +18.6% | +18.5% | +20.9% | +21.2% |
| Depreciation | 21.46 | 20.53 | 19.35 | 18.39 | 18.11 | 16.71 | 15.94 | 15.26 |
| Interest | 8.84 | 5.78 | 3.64 | 7.31 | 6.07 | 6.04 | 0.46 | 7.12 |
| Profit before tax | 78.09 | 94.04 | 94.82 | 69.31 | 73.01 | 69.29 | 81.27 | 74.55 |
| Tax | 20.68 | 16.92 | 20.48 | 22.34 | 23.72 | 20.57 | 19.55 | 17.51 |
| Net profit | 57.41 | 77.12 | 74.34 | 46.97 | 49.29 | 48.72 | 61.72 | 57.04 |
| EPS (₹) | 4.10 | 5.48 | 5.28 | 3.35 | 3.51 | 3.45 | 4.37 | 4.04 |
| 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 | 532 | 483 | 400 | 404 | 329 | 13.02 | 24.55 |
| Revenue growth | +10.0% | +20.8% | -0.9% | +22.9% | +2423.4% | -47.0% | - |
| EBITDA | 49.67 | 76.12 | 49.84 | 50.27 | 35.97 | (15.01) | (18.68) |
| EBITDA margin | +9.3% | +15.7% | +12.5% | +12.5% | +11.0% | -115.3% | -76.1% |
| Profit before tax | 125 | 155 | 124 | 98.23 | 66.21 | (16.06) | (24.77) |
| Net profit | 115 | 128 | 103 | 104 | 60.53 | (12.05) | (19.84) |
| Net profit margin | +21.7% | +26.5% | +25.8% | +25.8% | +18.4% | -92.6% | -80.8% |
| EPS (₹) | 7.61 | 9.46 | 7.54 | 7.38 | 5.06 | (1.40) | (3.86) |
| Balance sheet | |||||||
| Total assets | 823 | 729 | 613 | 492 | 377 | 2.79 | 2.25 |
| Net worth | 799 | 701 | 582 | 492 | 376 | 2.76 | (27.83) |
| Total debt | 21.13 | 25.80 | 29.32 | 0.40 | 0.86 | 0.02 | 30.05 |
| Cash & bank | 1.15 | 5.65 | 9.73 | 0.18 | 78.70 | 2.35 | 1.94 |
| Net working capital | 96.46 | 123 | 73.78 | 46.14 | 150 | (4.05) | (5.41) |
| Cash flow | |||||||
| Cash from operations | 104 | 84.03 | 85.22 | 63.77 | 51.09 | (9.78) | (2.07) |
| Cash from investing | (70.30) | (56.66) | (43.83) | (63.23) | (52.09) | (4.78) | 0.39 |
| Cash from financing | (33.66) | (36.55) | (31.95) | (0.49) | (0.51) | 14.27 | 1.58 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | 124 | 143 | 134 | 131 | 130 | 130 | 116 |
| Revenue growth (YoY) | +5.6% | -4.7% | +9.7% | +15.1% | +22.8% | - | - | - |
| Other income | 27.95 | 17.72 | 19.51 | 60.61 | 23.84 | 20.85 | 17.58 | 57.70 |
| Total expenses | 117 | 112 | 134 | 120 | 117 | 112 | 105 | 99.13 |
| EBITDA | 21.73 | 12.18 | 8.88 | 14.06 | 14.25 | 17.69 | 25.38 | 17.10 |
| EBITDA margin | +15.7% | +9.8% | +6.2% | +10.5% | +10.9% | +13.6% | +19.5% | +14.7% |
| Depreciation | 11.42 | 11.08 | 11.30 | 10.71 | 10.41 | 8.59 | 7.82 | 7.37 |
| Interest | 0.59 | 0.68 | 0.70 | 0.70 | 0.68 | 0.70 | 1.08 | 0.76 |
| Profit before tax | 37.67 | 18.14 | 16.39 | 63.26 | 27.00 | 29.25 | 34.06 | 66.67 |
| Tax | 9.35 | 4.50 | 3.60 | 5.29 | 6.75 | 6.62 | 8.40 | 4.61 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 565 | 525 | 500 | 476 | 451 | 430 | 419 | 397 |
| Revenue growth (YoY) | +25.2% | +22.2% | +19.3% | +19.7% | +10.8% | - | - | - |
| Other income | 16.56 | 32.77 | 21.32 | 8.33 | 13.07 | 12.63 | 10.30 | 12.63 |
| EBITDA | 91.83 | 87.58 | 96.49 | 86.68 | 84.12 | 79.41 | 87.37 | 84.30 |
| EBITDA margin | +16.3% | +16.7% | +19.3% | +18.2% | +18.6% | +18.5% | +20.9% | +21.2% |
| Depreciation | 21.46 | 20.53 | 19.35 | 18.39 | 18.11 | 16.71 | 15.94 | 15.26 |
| Interest | 8.84 | 5.78 | 3.64 | 7.31 | 6.07 | 6.04 | 0.46 | 7.12 |
| Profit before tax | 78.09 | 94.04 | 94.82 | 69.31 | 73.01 | 69.29 | 81.27 | 74.55 |
| Tax | 20.68 | 16.92 | 20.48 | 22.34 | 23.72 | 20.57 | 19.55 | 17.51 |
| Net profit | 57.41 | 77.12 | 74.34 | 46.97 | 49.29 | 48.72 | 61.72 | 57.04 |
| EPS (₹) | 4.10 | 5.48 | 5.28 | 3.35 | 3.51 | 3.45 | 4.37 | 4.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 1,954 | 1,654 | 1,554 | 1,363 | 1,134 |
| Revenue growth | +18.1% | +6.4% | +14.0% | +20.2% | - |
| Other income | 111 | 44.91 | 31.95 | 15.08 | 13.94 |
| Total expenses | 1,630 | 1,306 | 1,194 | 1,086 | 840 |
| Employee cost | 873 | 796 | 753 | 694 | 573 |
| EBITDA | 324 | 347 | 360 | 277 | 294 |
| EBITDA margin | +16.6% | +21.0% | +23.1% | +20.3% | +25.9% |
| Depreciation | 76.39 | 61.91 | 59.18 | 47.13 | 42.28 |
| Interest | 27.31 | 24.06 | 35.27 | 16.63 | 3.68 |
| Profit before tax | 331 | 306 | 297 | 228 | 262 |
| Tax | 83.46 | 78.86 | 83.86 | 36.27 | 60.15 |
| Net profit | 213 | 236 | 217 | 209 | 204 |
| Net profit margin | +10.9% | +14.3% | +14.0% | +15.4% | +18.0% |
| EPS (₹) | 18.01 | 16.71 | 15.75 | 14.28 | 17.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 27.50 | 27.23 | 27.08 | 26.91 | 116 |
| Reserves & surplus | 1,515 | 1,183 | 950 | 743 | 430 |
| Shareholders' funds (net worth) | 1,543 | 1,210 | 977 | 770 | 545 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 267 | 70.07 | 93.01 | 116 | 4.85 |
| Unsecured loans | 51.08 | 32.74 | 39.12 | 13.03 | 6.96 |
| Total debt | 318 | 103 | 132 | 129 | 11.81 |
| Total liabilities | 2,067 | 1,432 | 1,262 | 1,103 | 557 |
| Assets | |||||
| Gross block | 1,477 | 934 | 872 | 805 | 291 |
| Net block | 1,083 | 629 | 613 | 597 | 119 |
| Capital work in progress | 25.02 | 9.99 | 26.27 | 11.81 | 2.45 |
| Investments | 531 | 425 | 378 | 283 | 99.42 |
| Inventories | 0.04 | 0.08 | 0.08 | 0.13 | 0.54 |
| Sundry debtors | 378 | 252 | 225 | 216 | 139 |
| Cash & bank balances | 395 | 342 | 284 | 279 | 353 |
| Loans & advances | 604 | 501 | 465 | 286 | 209 |
| Total current assets | 1,376 | 1,095 | 975 | 780 | 702 |
| Total current liabilities | 981 | 755 | 767 | 603 | 390 |
| Net working capital | 396 | 341 | 208 | 177 | 312 |
| Total assets | 2,067 | 1,432 | 1,262 | 1,103 | 557 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 337 | 284 | 256 | 253 | 132 |
| Net cash from operating activities | 288 | 247 | 279 | 153 | 277 |
| Net cash from investing activities | (362) | (122) | (181) | (250) | (61.62) |
| Net cash from financing activities | 130 | (72.58) | (69.27) | 100 | (93.85) |
| Net change in cash | 57.06 | 52.95 | 28.33 | 2.85 | 121 |
| Closing cash | 395 | 342 | 284 | 279 | 353 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +18.1% | +6.4% | +14.0% | +20.2% | - |
| EBITDA growth | -6.8% | -3.4% | +29.7% | -5.8% | - |
| PBT growth | +8.1% | +3.1% | +30.0% | -12.9% | +9997.0% |
| Net income growth | -9.6% | +8.6% | +3.7% | +2.5% | - |
| Revenue CAGR (3Y) | +12.8% | +13.4% | - | - | - |
| EBITDA CAGR (3Y) | +5.3% | +5.7% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +12.7% | +13.8% | +13.7% | +14.1% | +17.8% |
| Return on capital employed | +20.5% | +24.5% | +28.1% | +29.5% | +47.7% |
| Return on net worth | +18.0% | +20.8% | +24.4% | +29.2% | +37.1% |
| Debt / equity | 0.15 | 0.11 | 0.15 | 0.11 | 0.02 |
| Long-term debt / equity | 0.10 | 0.08 | 0.12 | 0.08 | 0.00 |
| Interest cover | 11.05 | 8.43 | 11.74 | 7.23 | 1.46 |
| Efficiency & per share | |||||
| Fixed asset turnover | 1.62 | 1.83 | 1.85 | 2.49 | 3.89 |
| Inventory turnover | 32,563.17 | 20,673.50 | 14,800.76 | 4,068.66 | 2,100.11 |
| Debtors turnover | 6.21 | 6.94 | 7.05 | 7.68 | 8.13 |
| EPS (₹) | 18.01 | 16.71 | 15.75 | 14.28 | 17.48 |
| Dividend per share (₹) | 3.25 | 3.00 | 5.25 | 0.00 | 0.00 |
| Book value per share (₹) | 112.19 | 88.88 | 72.19 | 57.24 | 47.18 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | 124 | 143 | 134 | 131 | 130 | 130 | 116 |
| Revenue growth (YoY) | +5.6% | -4.7% | +9.7% | +15.1% | +22.8% | - | - | - |
| Other income | 27.95 | 17.72 | 19.51 | 60.61 | 23.84 | 20.85 | 17.58 | 57.70 |
| Total expenses | 117 | 112 | 134 | 120 | 117 | 112 | 105 | 99.13 |
| EBITDA | 21.73 | 12.18 | 8.88 | 14.06 | 14.25 | 17.69 | 25.38 | 17.10 |
| EBITDA margin | +15.7% | +9.8% | +6.2% | +10.5% | +10.9% | +13.6% | +19.5% | +14.7% |
| Depreciation | 11.42 | 11.08 | 11.30 | 10.71 | 10.41 | 8.59 | 7.82 | 7.37 |
| Interest | 0.59 | 0.68 | 0.70 | 0.70 | 0.68 | 0.70 | 1.08 | 0.76 |
| Profit before tax | 37.67 | 18.14 | 16.39 | 63.26 | 27.00 | 29.25 | 34.06 | 66.67 |
| Tax | 9.35 | 4.50 | 3.60 | 5.29 | 6.75 | 6.62 | 8.40 | 4.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 532 | 483 | 400 | 404 | 329 | 13.02 | 24.55 |
| Revenue growth | +10.0% | +20.8% | -0.9% | +22.9% | +2423.4% | -47.0% | - |
| Other income | 122 | 112 | 96.48 | 57.45 | 41.36 | 1.56 | 0.79 |
| Total expenses | 482 | 407 | 350 | 354 | 293 | 28.03 | 43.23 |
| Employee cost | 234 | 214 | 199 | 203 | 174 | 14.55 | 19.68 |
| EBITDA | 49.67 | 76.12 | 49.84 | 50.27 | 35.97 | (15.01) | (18.68) |
| EBITDA margin | +9.3% | +15.7% | +12.5% | +12.5% | +11.0% | -115.3% | -76.1% |
| Depreciation | 43.50 | 30.07 | 19.34 | 9.25 | 10.88 | 0.81 | 3.50 |
| Interest | 3.08 | 3.57 | 2.87 | 0.24 | 0.24 | 1.80 | 3.38 |
| Profit before tax | 125 | 155 | 124 | 98.23 | 66.21 | (16.06) | (24.77) |
| Tax | 20.16 | 26.05 | 22.05 | (1.04) | 7.74 | 0.08 | 1.87 |
| Net profit | 115 | 128 | 103 | 104 | 60.53 | (12.05) | (19.84) |
| Net profit margin | +21.7% | +26.5% | +25.8% | +25.8% | +18.4% | -92.6% | -80.8% |
| EPS (₹) | 7.61 | 9.46 | 7.54 | 7.38 | 5.06 | (1.40) | (3.86) |
| 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 | 27.50 | 27.23 | 27.08 | 26.91 | 116 | 116 | 69.06 |
| Reserves & surplus | 772 | 674 | 555 | 465 | 261 | (127) | (112) |
| Shareholders' funds (net worth) | 799 | 701 | 582 | 492 | 376 | 2.76 | (27.83) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 21.13 | 25.80 | 29.32 | 0.40 | 0.86 | 0.02 | 30.05 |
| Total debt | 21.13 | 25.80 | 29.32 | 0.40 | 0.86 | 0.02 | 30.05 |
| Total liabilities | 823 | 729 | 613 | 492 | 377 | 2.79 | 2.25 |
| Assets | |||||||
| Gross block | 266 | 245 | 196 | 131 | 106 | 16.79 | 17.00 |
| Net block | 92.24 | 109 | 80.02 | 34.54 | 13.69 | 0.05 | 2.20 |
| Capital work in progress | 26.14 | 10.36 | 23.72 | 11.81 | 2.45 | 0.00 | 0.93 |
| Investments | 571 | 472 | 420 | 377 | 193 | 4.69 | 0.00 |
| Inventories | 0.04 | 0.08 | 0.08 | 0.13 | 0.54 | 1.72 | 4.13 |
| Sundry debtors | 122 | 109 | 85.15 | 105 | 70.81 | 5.92 | 14.62 |
| Cash & bank balances | 1.15 | 5.65 | 9.73 | 0.18 | 78.70 | 2.35 | 1.94 |
| Loans & advances | 111 | 131 | 87.30 | 50.92 | 105 | 1.19 | 1.82 |
| Total current assets | 235 | 246 | 182 | 156 | 255 | 11.18 | 22.51 |
| Total current liabilities | 138 | 123 | 108 | 110 | 105 | 15.23 | 27.92 |
| Net working capital | 96.46 | 123 | 73.78 | 46.14 | 150 | (4.05) | (5.41) |
| Total assets | 823 | 729 | 613 | 492 | 377 | 2.79 | 2.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.44 | 9.62 | 0.18 | 0.13 | 1.65 | 1.94 | 2.03 |
| Net cash from operating activities | 104 | 84.03 | 85.22 | 63.77 | 51.09 | (9.78) | (2.07) |
| Net cash from investing activities | (70.30) | (56.66) | (43.83) | (63.23) | (52.09) | (4.78) | 0.39 |
| Net cash from financing activities | (33.66) | (36.55) | (31.95) | (0.49) | (0.51) | 14.27 | 1.58 |
| Net change in cash | 0.38 | (9.18) | 9.43 | 0.05 | (1.51) | (0.29) | (0.10) |
| Closing cash | 1.15 | 5.65 | 9.73 | 0.18 | 78.70 | 2.35 | 1.94 |
| 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 | +10.0% | +20.8% | -0.9% | +22.9% | +2423.4% | -47.0% | - |
| EBITDA growth | -34.8% | +52.7% | -0.9% | +39.8% | +339.6% | +19.7% | - |
| PBT growth | -19.4% | +24.7% | +26.4% | +48.4% | +9998.0% | +35.2% | -308.8% |
| Net income growth | -10.0% | +24.4% | -1.2% | +72.4% | +602.3% | +39.3% | - |
| Revenue CAGR (3Y) | +9.6% | +13.7% | +213.2% | +154.3% | +110.7% | -50.4% | -44.2% |
| EBITDA CAGR (3Y) | -0.4% | +28.4% | - | - | - | - | +82.6% |
| Profitability & leverage | |||||||
| Net income margin | +19.7% | +26.6% | +25.5% | +24.6% | +17.8% | -124.0% | -108.5% |
| Return on capital employed | +18.2% | +23.6% | +23.0% | +22.6% | +35.0% | 0.0% | 0.0% |
| Return on net worth | +15.4% | +20.1% | +19.0% | +22.9% | +30.8% | 0.0% | 0.0% |
| Debt / equity | 0.03 | 0.04 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.02 | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 49.92 | 7.75 | 9.41 | 0.59 | 0.96 | -11.38 | -15.24 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.08 | 2.19 | 2.45 | 3.40 | 5.34 | 0.77 | 1.54 |
| Inventory turnover | 8,865.17 | 6,043.50 | 3,811.14 | 1,205.31 | 290.75 | 4.45 | 6.05 |
| Debtors turnover | 4.59 | 4.97 | 4.21 | 4.60 | 8.56 | 1.27 | 1.22 |
| EPS (₹) | 7.61 | 9.46 | 7.54 | 7.38 | 5.06 | (1.40) | (3.86) |
| Dividend per share (₹) | 3.25 | 3.00 | 5.25 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 58.12 | 51.50 | 42.99 | 36.54 | 32.58 | (1.00) | (6.15) |
Board of Directors and KMP of Niit Learning Systems Limited
Niit Learning Systems Limited currently reports 9 directors and 1 key managerial person. 24 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Singh Pawar Also directs: Niit Limited, Pace Industries Private Limited, IT Infrastructure Development Corporation Private Limited and 2 more | Director | 24 May 2023 | 3 Years 4 Months | Current |
| Vijay Kumar Thadani | Managing Director | 14 Mar 2016 | 10 Years 7 Months | Current |
| Parthasarathy Vankipuram Srinivasa Also directs: Pennar Industries Limited, Everenviro Resource Management Private Limited, Rudi Multi Trading Company Limited and 5 more | Director | 16 Jun 2023 | 3 Years 4 Months | Current |
| Ravinder Singh | Director | 02 Aug 2023 | 3 Years 2 Months | Current |
| Sangita Singh | Director | 02 Aug 2023 | 3 Years 2 Months | Current |
| Sanjay Mal | Cfo | 24 May 2023 | 3 Years 4 Months | Current |
Peer Comparison of Niit Learning Systems Limited
Niit Learning Systems Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Syngenta India Private Limited | ₹5,617.67 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Nspira Management Services Private Limited | ₹2,845.38 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Niit Learning Systems Limited this company | ₹1,953.79 Cr (FY 2026) | •••• | •••• | 18.1% | •••• | Gurugram, Haryana, India |
| Varsity Education Management Private Limited | ₹1,693.27 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Upgrad Education Private Limited | ₹1,649.99 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Yashaswi Academy for Skills | ₹998.54 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Erulearning Solutions Private Limited | ₹631.04 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Cornerstone Ondemand Enterprise India Private Limited | ₹630.5 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Niit Learning Systems by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Niit Learning Systems Limited
Niit Learning Systems Limited is audited by S R BATLIBOI & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R BATLIBOI & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Shareholding Pattern of Niit Learning Systems Limited
Shareholding for the quarter ended Sep 2026: promoters hold 34.20%, foreign institutional investors hold 14.40%, domestic institutional investors hold 25.40% and retail and other public shareholders hold 26.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 34.20% | 34.10% | 34.20% | 34.20% |
| Public | 65.80% | 65.90% | 65.80% | 65.80% |
Charges & Borrowings of Niit Learning Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2024 | Citi Bank N.A. | ₹2.4 Cr | Open |
| 15 Jul 2024 | Others | ₹2.4 Cr | Open |
| 21 Dec 2016 | Yes Bank Limited | ₹10 Cr | Satisfied |
| 19 Aug 2016 | Others | ₹5 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Niit Learning Systems Limited
Niit Learning Systems Limited has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹7.77 Cr; the latest was in May 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Acquisition | Undisclosed | Buyer: Niit Learning Systems Limited Seller: Niit Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Seller: International Finance Corporation |
| Jun 2006 | Secondary share transfer | Undisclosed | Seller: International Finance Corporation |
| Jul 2001 | Funding round | ₹7.77 Cr | Investors: International Finance Corporation |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Niit Learning Systems Limited
Niit Learning Systems Limited has 4 court cases on record: 2 filed by Niit Learning Systems, 2 filed against it. All cases are disposed. Status as checked between 23 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, Pathankot, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Commercial suit | Filed by the company against St.Joseph Convent Senior Secondary School | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Niit Learning Systems Limited
Employment history and EPFO contributions of people linked to Niit Learning Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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Recent Activity on Niit Learning Systems Limited
Niit Learning Systems Limited has 23 board changes on record since 2006: 10 appointments and 13 cessations. The latest: Leher Vijay Thadani was appointed as Director on 02 Aug 2023.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Niit Learning Systems Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Niit Learning Systems Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Niit Learning Systems Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of Niit Learning Systems Limited
Niit Learning Systems has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCM9500C1ZX | Haryana | Active | 01 Jul 2017 |
| 07AACCM9500C2ZU | Delhi | Active | 01 Jul 2017 |
| 18AACCM9500C1ZS | Assam | Active | 01 Jul 2017 |
| 19AACCM9500C2ZP | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
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- Tax jurisdiction records
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MCA Filings & Documents of Niit Learning Systems Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Related news about Niit Learning Systems Limited
Frequently Asked Questions about Niit Learning Systems Limited
Niit Learning Systems is an active public limited company based in Gurugram, Haryana, India. The company works in edtech solutions, within the education industry. It was incorporated on 16 July 2001 (25+ years old) and is registered under CIN L72200HR2001PLC099478. Listed on BSE: 543952 and NSE: NIITMTS.
Niit Learning Systems reported revenue of ₹1,953.79 Cr for FY 2025-26 (up 18.1% YoY) based on consolidated financials.
Niit Learning Systems has 10 current directors and KMP:
- Vijay Kumar Thadani - Managing Director
- Sapnesh Kumar Lalla - Whole-Time Director
- Rajendra Singh Pawar - Director
- Parthasarathy Vankipuram Srinivasa - Director
- Ravinder Singh - Director
- Sangita Singh - Director
- Leher Vijay Thadani - Director
- Ravindra Babu Garikipati - Director
- Sanjay Mal - Cfo
- Deepak Bansal - Nodal Officer
The GSTIN of Niit Learning Systems is 06AACCM9500C1ZX, registered in Haryana. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 07AACCM9500C2ZU (Delhi), 18AACCM9500C1ZS (Assam), 19AACCM9500C2ZP (West Bengal).
The CIN (Corporate Identification Number) of Niit Learning Systems is L72200HR2001PLC099478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Niit Learning Systems is listed on both BSE (code: 543952) and NSE (symbol: NIITMTS).
Niit Learning Systems has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Niit Learning Systems was incorporated on 16 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Haryana.
Niit Learning Systems has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹7.77 Cr; the latest was in May 2023.
The peers of Niit Learning Systems by revenue are Syngenta India Private Limited, Nspira Management Services Private Limited, Varsity Education Management Private Limited, Upgrad Education Private Limited, Yashaswi Academy for Skills and 2 more, all in the Education industry (Corporate and Commercial Training).
Leher Vijay Thadani was appointed as Director on 02 Aug 2023. Ravinder Singh was appointed as Director on 02 Aug 2023. Ravindra Babu Garikipati was appointed as Director on 02 Aug 2023. Niit Learning Systems has 23 board changes on record in total.