Network People Services Technologies Limited (NPST)

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Network People Services Technologies Limited (NPST) · mywealthgrid

About

Network People Services Technologies Limited is a financial technology (fintech) company operating in India's financial services sector. With a market capitalization of ₹3,315 crore and recent quarterly revenues in the ₹46–61 crore range, it generates operating margins of approximately 26% and returns on equity of 17.25%, positioning it as a profitable, efficient fintech operator. The company maintains minimal debt (D/E ratio 0.01) and has paid dividends recently, signaling stable cash generation.

Face value: ₹10

Market cap

₹3,692 Cr

P/E

72.7×

P/B

8.4×

Dividend yield

0.1%

ROE

17.3%

ROCE

20.1%

Debt / equity

0.01

OPM

26%

EPS (TTM)

₹24.4

Book value

₹211.2

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

PE multiple of 65.26× is substantially elevated — verify what growth rate trajectory justifies this valuation and what happens if near-term growth disappoints
Operating margin volatility (ranging 20.94–29.44% across recent quarters) signals inconsistent operational execution — verify sustainability and drivers of the current 25.99% level
Share price decline of 23.86% over 1 year from ₹2,342.9 peak to ₹1,586.2 — verify whether this reflects fundamental headwinds or valuation compression, and whether investor sentiment has shifted
Low institutional ownership (FII 0.08%, DII 10.02%) — verify gaps in institutional perception vs. retail investors and confidence in the business model

Generated analysis · source review pending

Growth drivers

Operating margins of 25.99% (quarterly range 20.94–29.44%) demonstrate efficiency; verify whether revenue scale or service expansion can sustain or improve these margins
ROE of 17.25% shows capital efficiency; verify planned capex, acquisitions or new revenue initiatives to deploy capital toward growth
D/E ratio of 0.01 provides minimal leverage and substantial balance-sheet flexibility; verify intended deployment for organic growth, M&A or shareholder returns
Quarterly revenue scale of ₹46–61 crore with consistent profitability; verify addressable market size and competitive positioning to drive expansion beyond current run rate

Generated analysis · source review pending

1,137 historical price candles were omitted because the exchange source has not been verified.

₹1,766.5+6.9%1Y

Quick read

rule-based

Pros

+Strong return on equity of 30.4% (3-yr avg)
+High return on capital employed of 37.7%
+Healthy operating margin of 26%
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 61.5×
+High promoter holding of 60.5% with no pledge

Cons

−Expensive at 72.7× trailing earnings
−Trading at 8.4× book value
−Low dividend payout of 8.2% of profit
−Promoter holding fell 7.1 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

61/100

Business quality

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

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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 2025	Mar 2026
	173	195
COGS	0	2
Gross profit	—	193
	113	142
	60	51
OPM %	34.7%	26%
Depreciation	7	9
Interest	0	1
	7	14
Profit before tax	60	55
Tax	15	14
Tax %	25.1%	25.9%
	45	41
PAT margin %	26.1%	21%
EPS (₹)	23.3	20.6
EPS adjusted (₹)	23.3	22.5
	8.6%	9.7%
Annual report	Annual report for Mar 2025	—

₹ Cr	Mar 2025	Mar 2026
Equity capital	19	21
Reserves	84	420
Minority interest	1	1
	10	6
	32	62
Total equity & liabilities	146	508
	11	30
CWIP	1	—
Investments	0	1
	134	478
Total assets	146	508

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	51	29	-40
	-33	8	253
	-0	7	-4
Net cash flow	18	44	208
Free cash flow	—	23	-40
CFO / Operating profit %	—	48.3%	-79.5%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 13%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: -10%

Return on equity

7 years: —
5 years: —
3 years: —
Last year: 9%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs.

Source XBRL ↗

Latest reported period · 31 Mar 2025 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities
Software and Payment solution to Banking and Finance Sector	173.21	60.69	145.98	145.98

SegmentFigure

Software and Payment solution to Banking and Finance Sector · revenue

₹ crore by fiscal year

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Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2025	Mar 2026
Margins
Gross margin %	—	99%
EBITDA margin %	34.7%	26%
EBIT margin %	30.8%	21.3%
PAT margin %	26.1%	21%
Working capital
Receivable days	67	195
Inventory days	0	157
Payable days	53	6,753
NWC days	15	-6,400
Leverage
Current ratio	3.56	7.41
Debt to EBITDA	0.16	0.11
Debt to equity	0.09	0.01
Interest coverage	178.5	61.5
Asset turnover	1.19	0.38
Return ratios
Return on assets %	31%	8%
Return on capital employed %	55.3%	20.1%
Return on equity %	43.6%	9.3%

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 (%)	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	67.55%	67.56%	60.29%	60.27%	60.52%	60.48%
	0.03%	0.03%	0.11%	0.14%	0.12%	0.08%
	0.3%	0.58%	9.95%	9.95%	10.02%	10.02%
Government	0%	0%	0%	0%	0%	0%
	32.12%	31.83%	29.65%	29.64%	29.34%	29.42%
No. of shareholders	—	—	6,471	7,025	8,162	9,986

Promoter holding down 7.07 percentage points since Mar 2025.

2 disclosures

Person	Deal	Shares	Value	Holding	Filed
SUDESH AGGARWALPromoter Group	BuyMarket Purchase	500	₹9.48 L	0.00% → 0.00%	17 Oct 20257(2)
SUDESH AGGARWALPromoter Group	BuyMarket Purchase	4,250	₹1.88 L

18 deals · 10 Aug 2021 – 16 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
16 Sept 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	1,32,924	₹1,847.16	₹24.55 Cr
16 Sept 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	1,32,453	₹1,846.25	₹24.45 Cr
16 Sept 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Sell	1,26,954	₹1,859.89	₹23.61 Cr
16 Sept 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Buy	1,26,954	₹1,858.50	₹23.59 Cr
11 Aug 2025	TATA MUTUAL FUND	Bulk	NSE	Buy	4,30,000	₹2,073.99	₹89.18 Cr
11 Aug 2025	SAVITA VASHIST	Bulk	NSE	Sell	2,10,000	₹2,074.02	₹43.55 Cr
11 Aug 2025	DEEPAK CHAND THAKUR	Bulk	NSE	Sell	1,63,333	₹2,074.25	₹33.88 Cr
11 Aug 2025	ASHISH AGGARWAL	Bulk	NSE	Sell	1,60,000	₹2,074.03	₹33.18 Cr
15 Sept 2023	ANSHUL AGGARWAL	Bulk	NSE	Sell	33,200	₹1,325.00	₹4.40 Cr
14 Sept 2023	KAPADIA SANDEEP	Bulk	NSE	Buy	48,800	₹1,324.75	₹6.46 Cr

1–10 of 18

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Mr. Deepak Chand ThakurExecutive Director-Chairperson-CEO-MD
Mr. Ashish AggarwalExecutive Director-MD
Ms. Savita VashistExecutive Director
Ms. Panchi SamuthirakaniNon-Executive - Independent Director
Mr. Ram Nirankar RastogiNon-Executive - Independent Director
Mr. Vijay Kumar SinghNon-Executive - Non Independent Director
Ms. Chetna ChawlaCompany Secretary

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.

Portfolio month

Schemes holding

across 1 fund houses

Held by these funds

9.39%

of the company's equity

All mutual funds

9.41%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

2 schemes

		Shares
SMALL CAP FUND	Tata Mutual Fund	15.33 L	256.02	1.96%	7.333%	-0
LARGE & MID CAP FUND	Tata Mutual Fund	4.3 L	71.84	0.94%	2.057%	-0

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Documents

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

Announcements

Annual reports

Annual Report FY2025from bse Summary

Investor Presentation and earnings call

Aug 2026Transcript AI Summary PPTREC
May 2026Transcript AI Summary PPT

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

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Events

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

2

Final dividend18 Sept 2026 · ex-date₹2
Final dividend12 Sept 2025 · ex-date₹2

1

Board meeting to consider results11 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

96 announcementsExport CSV

1 Oct 2026, 3:53 pmCompany Update

Intimation Of Contract To Build A Super App For A Leading Telecom Conglomerate''s Operations In Sri Lanka Pursuant To Regulation 30 Read With Schedule III Part A Para C Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

General PDF

30 Sept 2026, 1:13 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

29 Sept 2026, 7:40 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

28 Sept 2026, 6:53 pmAGM/EGM

Proceedings Of The 13Th Annual General Meeting ('AGM') Of Network People Services Technologies Limited ('Company') Held On Monday, September 29, 2026

AGM PDF

10 Sept 2026, 2:13 pmCompany Update

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release / Media Release PDF

7 Sept 2026, 10:04 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

5 Sept 2026, 2:26 pmAGM/EGM

Network People Services Technologies Ltd - 544396 - Confirmation Of Dispatch Of Notice Of The 13Th Annual General Meeting

AGM PDF

5 Sept 2026, 11:47 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

Date	Category	Subject	Filing
1 Oct 2026, 3:53 pm	Company Update General	Intimation Of Contract To Build A Super App For A Leading Telecom Conglomerate''s Operations In Sri Lanka Pursuant To Regulation 30 Read With Schedule III Part A Para C Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.	PDF
30 Sept 2026, 1:13 pm	Insider Trading / SAST

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Ratio	Mar 2025	Mar 2026
Margins
Gross margin %	—	99%
EBITDA margin %	34.7%	26%
EBIT margin %	30.8%	21.3%
PAT margin %	26.1%	21%
Working capital
Receivable days	67	195
Inventory days	0	157
Payable days	53	6,753
NWC days	15	-6,400
Leverage
Current ratio	3.56	7.41
Debt to EBITDA	0.16	0.11
Debt to equity	0.09	0.01
Interest coverage	178.5	61.5
Asset turnover	1.19	0.38
Return ratios
Return on assets %	31%	8%
Return on capital employed %	55.3%	20.1%
Return on equity %	43.6%	9.3%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Pb Fintech LimitedPOLICYBZRPOLICYBZR	₹45,345 Cr	₹45,345 Cr	₹7,334 Cr	₹614 Cr	7.5%	₹748 Cr	9.9%	10.3%	9.7%	66
Pine Labs LimitedPINELABSPINELABS	₹19,338 Cr	₹19,621 Cr	₹2,832 Cr	₹409 Cr	13.2%	₹127 Cr	4.2%	4.6%	2.4%	-210
Manipal Payment And Identity Solutions LimitedMPIMANIPALMPIMANIPAL	₹9,304 Cr	₹9,305 Cr	₹1,327 Cr	₹426 Cr	32.1%	₹253 Cr	19.1%	48.9%	46.2%	196
Seshaasai Technologies LimitedSTYLSTYL	₹5,922 Cr	₹5,999 Cr	₹1,507 Cr	₹395 Cr	26.3%	₹264 Cr	16.7%	23.4%	16.8%	122
Avenuesai LimitedCCAVENUECCAVENUE	₹5,330 Cr	₹5,729 Cr	₹9,516 Cr	₹384 Cr	4.4%	₹294 Cr	3.6%	7.5%	6.6%	4
Network People Services Technologies LimitedNPSTNPST	₹3,692 Cr	₹3,698 Cr	₹218 Cr	₹55 Cr	26%	₹51 Cr	21%	20.1%	17.3%	-6,400
Turtlemint Fintech Solutions LimitedTURTLEMINTTURTLEMINT	₹2,055 Cr	₹2,055 Cr	₹1,098 Cr	₹-130 Cr	-11.9%	₹-184 Cr	-16.8%	-41.7%	-60.4%	32
One Mobikwik Systems LimitedMOBIKWIKMOBIKWIK	₹1,544 Cr	₹1,806 Cr	₹1,129 Cr	₹9 Cr	-3.6%	₹-13 Cr	-5.6%	-3.3%	-11%	-7
WSFx Global Pay LtdWSFXWSFX	₹78 Cr	₹85 Cr	₹21 Cr	₹-6 Cr	9.6%	₹-5 Cr	5.7%	20.3%	15.8%	-185
Suvidhaa Infoserve LimitedSUVIDHAASUVIDHAA	₹43 Cr	₹45 Cr	₹5 Cr	₹-7 Cr	-281.4%	₹-8 Cr	-288.6%	-28.2%	-31.3%	960
Ags Transact Technologies LimitedAGSTRAAGSTRA	—	—	₹1,250 Cr	₹57 Cr	13.4%	₹-170 Cr	-5.5%	1.8%	-16.1%	-578

Network People Services Technologies 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

Segment results

Software and Payment solution to Banking and Finance Sector · revenue

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

Dividends2

Board meetings1

Announcements

Ratio timeline

Dividends2

Board meetings1

Not in the F&O segment

Announcements

Annual reports

Investor Presentation and earnings call

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Segment results

Software and Payment solution to Banking and Finance Sector · revenue

2

1

2

1