Niks Technology

Why is Niks Technology Ltd falling/rising?

As of 18-Jul, Niks Technology Ltd's stock price is Rs. 277.20, unchanged from the previous day and at a new 52-week low. The stock has declined significantly over the past month (14.25%) and year (44.00%), underperforming its sector and showing decreased investor interest.

As of 18-Jul, Niks Technology Ltd's stock price is currently at Rs. 277.20, showing no change from the previous day. The stock has hit a new 52-week low today, reflecting a significant decline in value. Over the past month, the stock has decreased by 14.25%, while year-to-date, it has fallen by 39.06%. In the last year, the decline is even more pronounced at 44.00%. <BR><BR>Today's performance indicates that the stock has underperformed its sector by 8.56%, and it opened with a loss of 4.99%. The stock has not traded on five out of the last twenty days, indicating erratic trading behavior. Furthermore, it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically suggests a bearish trend. <BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which has fallen by 58.33% compared to the 5-day average. This lack of interest from investors, combined with the overall poor performance relative to the benchmark Sensex, which has gained 0.75% over the past week, contributes to the stock's downward trajectory.

Which are the latest news on Niks Technology?

What does Niks Technology do?

Niks Technology Ltd is a micro-cap company focused on software development and education services in the Computers - Software & Consulting industry. It was incorporated in 2014 and became a public company in 2021, with a market cap of INR 19 Cr.

Overview: <BR>Niks Technology Ltd is engaged in software development and providing education services within the Computers - Software & Consulting industry and operates in the micro-cap market.<BR><BR>History: <BR>Niks Technology Ltd was originally incorporated as Niks Technology Private Limited in 2014. It was converted into a Public Limited Company and renamed to Niks Technology Limited on March 5, 2021. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 19 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 90.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.41 <BR>Return on Equity: 3.11% <BR>Price-to-Book: 2.93 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Niks Technology?

As of 10th June, Niks Technology Ltd has a market capitalization of 19.00 Cr, classifying it as a Micro Cap company, with no available financial data for Net Sales or Net Profit for the latest four quarters. The balance sheet as of March 2025 shows Shareholder's Funds of 6.24 Cr and Total Assets of 6.43 Cr.

As of 10th June, <BR><BR>Market Cap: Niks Technology Ltd has a market capitalization of 19.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 6.24 Cr and Total Assets of 6.43 Cr.

Who are in the management team of Niks Technology?

The management team of Niks Technology includes Manish Dixit (Chairman/Executive Director), Keshav Das Sonakiya (Non-Executive Director), Anamika Anand (Executive Director & CFO), Pankaj Kumar (Independent Director), and Rakesh Kumar Singh (Independent Director).

The management team of Niks Technology includes the following members:<BR><BR>1. **Manish Dixit** - Chairman / Executive Director<BR>2. **Keshav Das Sonakiya** - Non Executive Director<BR>3. **Anamika Anand** - Executive Director & CFO<BR>4. **Pankaj Kumar** - Independent Director<BR>5. **Rakesh Kumar Singh** - Independent Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Niks Technology?

Niks Technology's peers include Octaware Tech, Senthil Infotek, Ekennis Software, United Interacti, Panabyte Tech, Cyber Media Res, and Tridhya Tech. Niks Technology has below-average management risk and growth, a good capital structure, and a 1-year return of -24.60%, significantly lower than Ekennis Software's highest return of 118.13%.

Peers: The peers of Niks Technology are Octaware Tech., Senthil Infotek, Ekennis Software, United Interacti, Panabyte Tech, Cyber Media Res., and Tridhya Tech.<BR><BR>Quality Snapshot: Below Average management risk is observed at Octaware Tech., Ekennis Software, United Interacti, Panabyte Tech, Tridhya Tech, and Niks Technology, while Senthil Infotek does not qualify. Average growth is found at Niks Technology, while Below Average growth is noted at Octaware Tech., Ekennis Software, United Interacti, Panabyte Tech, and Tridhya Tech, with Senthil Infotek also not qualifying. Good capital structure is present at Niks Technology and Cyber Media Res., while Below Average capital structure is seen at Octaware Tech., Ekennis Software, United Interacti, Panabyte Tech, Tridhya Tech, and Senthil Infotek.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ekennis Software at 118.13%, while Niks Technology has the lowest at -24.60%. Compared to its peers, Niks Technology's 1-year return is significantly lower. Additionally, the six-month return is negative for Senthil Infotek, United Interacti, Panabyte Tech, and Tridhya Tech.

When is the next results date for Niks Technology Ltd?

The next results date for Niks Technology Ltd is 29 May 2026.

The next results date for Niks Technology Ltd is scheduled for 29 May 2026.

How has been the historical performance of Niks Technology?

Niks Technology has shown significant growth in net sales, increasing from 0.20 Cr in March 2020 to 9.01 Cr in March 2025, with stable profitability and total assets rising to 6.43 Cr. Despite a slight decline in earnings per share, the company has demonstrated a strong upward trend in financial performance.

Answer:<BR>The historical performance of Niks Technology shows significant growth in net sales and profitability over the years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Niks Technology has demonstrated a remarkable increase in net sales, rising from 0.20 Cr in March 2020 to 9.01 Cr in March 2025. Other operating income remained negligible until March 2025, when it reached 0.08 Cr, contributing to a total operating income of 9.09 Cr in the same year. The company's total expenditure, excluding depreciation, also increased significantly from 0.06 Cr in March 2020 to 8.36 Cr in March 2025. Operating profit (PBDIT) fluctuated over the years, peaking at 0.79 Cr in March 2024 before slightly declining to 0.73 Cr in March 2025. Profit before tax showed a steady increase, reaching 0.64 Cr in March 2025, while profit after tax remained stable at 0.45 Cr for both March 2024 and March 2025. The earnings per share (EPS) decreased from 10.47 in March 2024 to 9.0 in March 2025, reflecting the company's changing profitability dynamics. On the balance sheet, total assets grew from 0.40 Cr in March 2020 to 6.43 Cr in March 2025, with total liabilities also increasing to 6.43 Cr in March 2025. Cash and cash equivalents improved significantly, reaching 2.00 Cr by March 2025, up from 1.00 Cr in March 2024. Overall, Niks Technology's financial trajectory indicates a strong growth trend in sales and profitability, alongside increasing asset accumulation.

Is Niks Technology overvalued or undervalued?

As of October 30, 2025, Niks Technology is considered overvalued with a PE ratio of 50.40, significantly higher than its peers TCS and Infosys, and has underperformed the Sensex year-to-date, indicating a shift in valuation from risky to expensive.

As of 30 October 2025, Niks Technology's valuation grade has moved from risky to expensive, indicating a significant shift in perception. The company is currently deemed overvalued, with a PE ratio of 50.40, a Price to Book Value of 3.63, and an EV to EBITDA ratio of 20.32. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Niks Technology's PE ratio is substantially higher than that of TCS at 21.85 and Infosys at 22.06, both of which are considered attractive and fair, respectively. Additionally, while Niks Technology has a ROCE of 16.74% and ROE of 7.21%, these figures do not justify its high valuation relative to its peers. Recent stock performance shows that Niks Technology has underperformed the Sensex on a year-to-date basis, with a return of -2.2% compared to the Sensex's 8.02%, reinforcing the notion that the stock may be overvalued.

Has Niks Technology declared dividend?

No Dividend History Available