Last 433.75 INR
Change Today +4.75 / 1.11%
Volume 215.3K
As of 7:06 AM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

niit technologies ltd (NITEC) Snapshot

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52 Week High
07/11/14 - 487.00
52 Week Low
09/23/13 - 270.00
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niit technologies ltd (NITEC) Details

NIIT Technologies Limited provides IT solutions in the Americas, Europe, the Middle East, Asia, and Australia. Its services include application development management services, such as application management and development, application renewal and testing; and 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. The company also provides infrastructure management services, including remote infrastructure management services, such as technology management, service desk, and data center services; managed security services for online applications and transactions; and application management services. In addition, it offers testing services, such as test automation, testing COE implementation, and domain specific testing services; and business process outsourcing services. Further, the company provides cloud computing services comprising software-as-a-service, an on-demand delivery model for software; platform-as-a-service, which provides development, deployment, testing, and integration of applications to the cloud; and infrastructure-as-a-service that offers bandwidth, storage, and computing power on an on-demand basis over the Internet. Additionally, the company offers geographic information systems solutions, including software products, training, technical support, data conversion, and application development services; mobile solutions, including mobile platform and frameworks, mobile testing, user interface design, mobile Web, and enterprise mobility solutions; and IP led solutions. It serves travel and transportation, banking and financial services, insurance, manufacturing, media, and government sectors. NIIT Technologies Limited was incorporated in 1992 and is based in Noida, India.

8,282 Employees
Last Reported Date: 07/15/14
Founded in 1992

niit technologies ltd (NITEC) Top Compensated Officers

Joint Managing Director, Chief Executive Offi...
Total Annual Compensation: 22.0M
Co-Founder, Executive Chairman and Managing D...
Total Annual Compensation: 20.7M
President and Global Business Head of Infrast...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
President of Asia/Anz
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

niit technologies ltd (NITEC) Key Developments

NIIT Technologies Limited Announces Standalone Unaudited Earnings Results for the Quarter Ended June 30, 2014

NIIT Technologies Limited announced standalone unaudited earnings results for the quarter ended June 30, 2014. For the quarter, the company has reported income from operations of INR 3,316.4 million against INR 3,242.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 429.1 million against INR 492.4 million a year ago. Profit from ordinary activities before tax was INR 546.4 million against INR 1,066 million a year ago. Net profit for the period was INR 448.2 million against INR 811.3 million a year ago. Diluted earnings per share after extraordinary items were INR 7.33 against INR 13.36 a year ago.

NIIT Technologies Limited Reports Earnings Results for the First Quarter Ended June 30, 2014

NIIT Technologies Limited reported earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported revenue increase of 6.6% over the same period last year to INR 5,776.0 million compared with INR 5,419.0 million for the same period last year. Operating profit was INR 775.0 million compared wit INR 782.0 million for the same period last year. Profit after tax was INR 432.0 million compared wit INR 532.0 million for the same period last year.

NIIT Technologies Limited to Report Q1, 2015 Results on Jul 15, 2014

NIIT Technologies Limited announced that they will report Q1, 2015 results on Jul 15, 2014


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Valuation NITEC Industry Range
Price/Earnings 11.8x
Price/Sales 1.1x
Price/Book 1.9x
Price/Cash Flow 9.0x
TEV/Sales 1.0x

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