Nintec Systems Limited (NINSYS)

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Nintec Systems Limited (NINSYS) · mywealthgrid

About

Nintec Systems Limited operates in software development and IT consulting within the Information Technology sector. With a market cap of ₹1,374.45 Cr and quarterly revenues ranging from ₹25–46 Cr, the company demonstrates capital-efficient operations through profitable delivery and shareholder returns via bonuses in 2023 and 2022.

Face value: ₹10

Market cap

₹1,497 Cr

P/E

44.6×

P/B

16.3×

Dividend yield

ROE

41.8%

ROCE

53.6%

Debt / equity

0.02

OPM

25.7%

EPS (TTM)

₹18.1

Book value

₹49.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

PE ratio of 40.95 combined with 74% 1-year stock return leaves minimal valuation cushion for earnings shortfalls
Operating margin swings from 24.6% to 46.7% quarterly, suggesting either project-driven lumpiness or uneven operational execution that needs explanation
FII and DII holdings of 0.01% each create liquidity and analyst coverage risks in a small-cap name
Quarter-to-quarter revenue fluctuation (₹25–46 Cr) requires verification of whether this reflects cyclical project flow or underlying business instability

Generated analysis · source review pending

Growth drivers

ROE of 41.85% far exceeds typical software services industry returns; verify whether this reflects sustainable competitive advantage or is a cyclical peak
Operating margin at 25.67% provides room for earnings growth if revenue scales without margin compression
D/E ratio of 0.02 signals minimal debt, creating capacity for acquisitions, capability investment, or growth acceleration without financial stress
Bonus payouts in 2023 and 2022 demonstrate cash generation capability; verify if this free cash flow capacity is sufficient to fund growth while maintaining shareholder returns

Generated analysis · source review pending

1,206 historical price candles were omitted because the exchange source has not been verified.

₹804.7+9.2%1Y

Quick read

rule-based

Pros

+Strong return on equity of 47% (3-yr avg)
+High return on capital employed of 58.8%
+Healthy operating margin of 25.7%
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 134.8×

Cons

−Trading at 16.3× book value

Research score

Structured signal from quality, growth, valuation and momentum.

61/100

Business quality: 94
Growth: 75
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	83	140	170
	63	107	126
	20	33	44
OPM %	24%	23.5%	25.7%
Depreciation	1	2	3
Interest	0	0	0
	2	4	2
Profit before tax	20	35	43
Tax	5	9	11
Tax %	24.1%	24.8%	25.2%
	16	26	32
PAT margin %	18.7%	18.8%	18.8%
EPS (₹)	8.4	14.2	17.2
EPS adjusted (₹)	8.4	14.2	17.2
Annual report	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2024	Mar 2025	Mar 2026
Equity capital	19	19	19
Reserves	16	43	73
	2	2	2
	23	50	51
Total equity & liabilities	60	113	144
	4	7	5
CWIP	0	—	—
Investments	18	20	36
	38	86	103
Total assets	60	113	144

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	10	24	26
	-14	-6	-13
	2	-0	-0
Net cash flow	-2	17	13
Free cash flow	7	18	26
CFO / Operating profit %	49.8%	72.1%	60.6%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 22%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: 22%

Return on equity

7 years: —
5 years: —
3 years: 41%
Last year: 35%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—
EBITDA margin %	24%	23.5%	25.7%
EBIT margin %	22.7%	22.1%	24.2%
PAT margin %	18.7%	18.8%	18.8%
Working capital
Receivable days	99	128	105
Inventory days	0	0	0
Payable days	77	122	85
NWC days	22	6	21
Leverage
Current ratio	2.53	2.15	2.86
Debt to EBITDA	0.12	0.06	0.04
Debt to equity	0.07	0.03	0.02
Interest coverage	682.7	117.6	134.8
Asset turnover	1.39	1.23	1.18
Return ratios
Return on assets %	25.9%	23.2%	22.2%
Return on capital employed %	53.8%	68.9%	53.6%
Return on equity %	44.4%	42.9%	34.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	47.24%	47.26%	47.3%	47.3%	47.38%	47.38%	47.38%	47.38%	47.38%	47.42%	47.49%	47.61%
	0%	0.01%	0%	0.01%	0.01%	0.11%	0.02%	0%	0%	0.01%	0%	0.01%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.01%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	52.76%	52.73%	52.7%	52.69%	52.61%	52.51%	52.6%	52.62%	52.62%	52.57%	52.51%	52.37%
No. of shareholders	—	—	—	—	—	—	—	—	9,285	8,721	8,312	6,918

Promoter holding up 0.37 percentage points since Sep 2023.

6 deals · 27 Sept 2021 – 3 Dec 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
3 Dec 2025	GUJARAT NATURAL RESOURCES LIMITED	Bulk	NSE	Buy	95,000	₹421.98	₹4.01 Cr
17 Mar 2022	KRISHNANANDAN SHYAMBIHARI SINGH	Bulk	BSE	Buy	1,25,000	₹33.15	₹0.41 Cr
17 Mar 2022	PANKAJ KRISHNAVADAN MASHRUWALA	Bulk	BSE	Sell	75,000	₹33.15	₹0.25 Cr
17 Mar 2022	SONAL SAVAI	Bulk	BSE	Sell	70,000	₹33.15	₹0.23 Cr
27 Sept 2021	ATHARVA SINGH	Bulk	BSE	Buy	40,000	₹20.00	₹0.08 Cr
27 Sept 2021	ANURADHA JOSHI	Bulk	BSE	Sell	40,000	₹20.00	₹0.08 Cr

1–6 of 6

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Indrajeet Anath MitraNon-Executive - Non Independent Director-Chairperson related to Promoter
Mr. Niraj Chhaganraj GemawatExecutive Director-MD
Mrs. Rachana Niraj GemawatNon-Executive - Non Independent Director
Mr. Somilkumar Ragvendr Nath MathurNon-Executive - Independent Director
Mr. Mehul Ganpatbhai MakkamparaNon-Executive - Independent Director
Mr. Rahul Ratankumar GuhathakurtaNon-Executive - Independent Director
Mr. Mohit SoniChief Financial Officer
Ms. Disha ShahCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Nintec Systems Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results10 Aug 2026

2

Bonus 4:53 Aug 2023 · ex-date
Bonus 1:26 Jun 2022 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

51 announcementsExport CSV

1 Oct 2026, 6:33 pmCompany Update

Announcement Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

General PDF

30 Sept 2026, 11:21 amCompany Update

Announcement Under Regulation 30 - SME Rating

General PDF

18 Sept 2026, 8:52 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

18 Sept 2026, 8:45 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

18 Sept 2026, 7:06 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

25 Aug 2026, 7:28 pmCompany Update

Announcement - Letter To Shareholders

General PDF

22 Aug 2026, 1:46 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

20 Aug 2026, 6:23 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

Date	Category	Subject	Filing
1 Oct 2026, 6:33 pm	Company Update General	Announcement Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015	PDF
30 Sept 2026, 11:21 am	Company Update General	Announcement Under Regulation 30 - SME Rating

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Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—
EBITDA margin %	24%	23.5%	25.7%
EBIT margin %	22.7%	22.1%	24.2%
PAT margin %	18.7%	18.8%	18.8%
Working capital
Receivable days	99	128	105
Inventory days	0	0	0
Payable days	77	122	85
NWC days	22	6	21
Leverage
Current ratio	2.53	2.15	2.86
Debt to EBITDA	0.12	0.06	0.04
Debt to equity	0.07	0.03	0.02
Interest coverage	682.7	117.6	134.8
Asset turnover	1.39	1.23	1.18
Return ratios
Return on assets %	25.9%	23.2%	22.2%
Return on capital employed %	53.8%	68.9%	53.6%
Return on equity %	44.4%	42.9%	34.9%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Persistent Systems LimitedPERSISTENTPERSISTENT	₹84,691 Cr	₹84,691 Cr	₹15,718 Cr	₹2,881 Cr	19%	₹1,923 Cr	12.7%	34.2%	26.3%	48
Coforge LimitedCOFORGECOFORGE	₹80,837 Cr	₹81,237 Cr	₹18,152 Cr	₹3,397 Cr	17.9%	₹1,717 Cr	10.6%	22.2%	19.7%	88
Mphasis LimitedMPHASISMPHASIS	₹42,956 Cr	₹44,749 Cr	₹16,531 Cr	₹3,071 Cr	18.8%	₹1,910 Cr	11.7%	24.7%	18.3%	58
Hexaware Technologies LimitedHEXTHEXT	₹29,966 Cr	₹29,966 Cr	₹14,420 Cr	₹2,155 Cr	14.2%	₹1,344 Cr	10.2%	—	—	—
Tata Elxsi LimitedTATAELXSITATAELXSI	₹19,268 Cr	₹19,268 Cr	₹3,886 Cr	₹876 Cr	22.5%	₹655 Cr	16.7%	29.9%	21.3%	-54
Fractal Analytics LimitedFRACTALFRACTAL	₹12,510 Cr	₹12,796 Cr	₹3,300 Cr	₹508 Cr	15.4%	₹292 Cr	8.7%	15.3%	11.8%	61
Rategain Travel Technologies LimitedRATEGAINRATEGAIN	₹9,953 Cr	₹10,875 Cr	₹2,336 Cr	₹459 Cr	18.5%	₹242 Cr	10.7%	13.8%	10.5%	36
Zensar Technologies LimitedZENSARTECHZENSARTECH	₹9,881 Cr	₹9,881 Cr	₹5,811 Cr	₹926 Cr	16.1%	₹776 Cr	13.6%	23%	17.6%	31
ASM Technologies LtdASMTECASMTEC	₹9,641 Cr	₹9,754 Cr	₹529 Cr	₹101 Cr	19.1%	₹26 Cr	11.5%	33.3%	25.7%	202
Intellect Design Arena LimitedINTELLECTINTELLECT	₹8,566 Cr	₹8,566 Cr	₹3,182 Cr	₹603 Cr	19.1%	₹351 Cr	11.3%	15.6%	11.6%	46
Birlasoft LimitedBSOFTBSOFT	₹7,542 Cr	₹7,551 Cr	₹5,404 Cr	₹930 Cr	16.3%	₹573 Cr	9.8%	21.2%	13.7%	63
Sonata Software LimitedSONATSOFTWSONATSOFTW	₹7,124 Cr	₹7,692 Cr	₹11,015 Cr	₹752 Cr	6.9%	₹463 Cr	4.3%	32.4%	25.7%	-19

Nintec Systems Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Board meetings1

Bonus issues2

Announcements

Board meetings1

Bonus issues2

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

2

1

2