NIIT Learning Systems Achieves Quality Grade Upgrade Amid Strong Financial Performance

NIIT Learning Systems has recently undergone an evaluation revision, reflecting its strong performance metrics within the IT - Education sector. The company has demonstrated notable sales growth over the past five years, achieving a rate of 14.10%. Additionally, its EBIT growth during the same period stands at an impressive 23.01%, indicating robust operational efficiency.
Financial stability is further underscored by a favorable EBIT to interest ratio of 11.05 and a low debt to EBITDA ratio of 0.39, suggesting effective management of financial obligations. The company's net debt to equity ratio is at 0.00, highlighting a debt-free capital structure. Furthermore, NIIT's sales to capital employed ratio of 1.39 reflects efficient use of capital resources.

In terms of profitability, the company boasts a return on capital employed (ROCE) of 62.11% and a return on equity (ROE) of 21.50%. The tax ratio is recorded at 27.33%, with a dividend payout ratio of 33.33%. Institutional holding stands at 39.45%, indicating a solid backing from institutional investors.

When compared to its peers, NIIT Learning Systems showcases a competitive edge in several key financial metrics, reinforcing its strong position in the market.