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NINtec Systems Ltd

NSE: NINSYS BSE: 539843IT / Software

NINtec Systems Ltd (NINSYS) is a IT / Software company listed on NSE: NINSYS | BSE: 539843. With a market cap of ₹1,102 Cr and ROCE of 63.1%, ROE of 49.2%, it operates in the Indian IT / Software sector.

593
52W: ₹281 — ₹609
PE 41.6 · Book ₹37.7 · +1473% vs book
Market Cap₹1,102 Cr
Stock P/E41.6Price to Earnings
ROCE63.1%Return on Capital
ROE49.2%Return on Equity
Div. Yield0%Face Value ₹10

Strengths

  • +Company is almost debt free.
  • +Company has delivered good profit growth of 84.1% CAGR over last 5 years
  • +Company has a good return on equity (ROE) track record: 3 Years ROE 46.1%

Weaknesses

  • Stock is trading at 15.8 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

Shareholding Pattern

Promoters47.48%
FIIs0%
DIIs0%
Public52.51%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters47.29%47.37%0.147.37%47.37%47.37%47.37%47.42%0.147.48%0.1
FIIs0.01%0.01%0.11%0.10.02%0.10%0.00%0.01%0.00%0.0
DIIs0%0%0%0%0%0%0%0%
Public52.7%52.61%0.152.5%0.152.61%0.152.63%0.052.62%0.052.56%0.152.51%0.1

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales14.8117.4819.3120.6420.7421.2623.223.3925.1726.15
Expenses10.5312.9413.6214.2613.4613.0916.0516.3316.416.45
Operating Profit4.284.545.696.387.288.177.157.068.779.7
OPM %28.9%25.97%29.47%30.91%35.1%38.43%30.82%30.18%34.84%37.09%
Net Profit3.293.424.674.95.936.056.436.636.666.76
EPS ₹1.771.842.512.643.193.263.463.573.593.64

AI Insights

Revenue Trend

TTM revenue at ₹98Cr, up 14% YoY. OPM at 33%.

Debt Position

Borrowings at ₹2Cr. Debt-to-equity ratio: 0.04x. Healthy balance sheet.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 47.48%.

Margin & Efficiency

ROCE improving from 0% (Mar 2016) to 63% (Mar 2025). Working capital days: 30.

Valuation

PE 41.6x with 63.1% ROCE. Price is 1473% above book value of ₹37.7. Dividend yield: 0%.

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