NIIT Learning Systems Limited — Quarter and year ended March 31, 2026 (Audited)
Consolidated Financial Results
| Particulars | 3 months ended March 31, 2026 (Audited) (Refer notes 5, 7 and 10) | Preceding 3 months ended December 31, 2025 (Unaudited) (Refer note 5) | Corresponding 3 months ended March 31, 2025 (Audited) (Refer note 10) | Current year ended March 31, 2026 (Audited) (Refer notes 5 and 7) | Previous year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| 1 Income | |||||
| a) Revenue from operations | 5,252.19 | 4,996.95 | 4,297.10 | 19,519.84 | 16,532.64 |
| b) Other income | 41.33 | 104.23 | 126.28 | 359.55 | 449.12 |
| Total income | 5,293.52 | 5,101.18 | 4,423.38 | 19,879.39 | 16,981.76 |
| 2 Expenses | |||||
| a) Purchase of stock-in-trade | 34.14 | 21.65 | 4.20 | 91.38 | 12.81 |
| b) Changes in inventories of stock-in-trade | 0.15 | 0.03 | (0.05) | 0.37 | (0.01) |
| c) Employee benefits expense | 2,436.12 | 2,198.74 | 2,011.58 | 8,732.09 | 7,957.47 |
| d) Professional & technical outsourcing expenses | 1,341.92 | 1,248.78 | 1,037.78 | 4,993.35 | 3,300.76 |
| e) Finance costs | 57.78 | 36.43 | 60.41 | 228.02 | 208.29 |
| f) Depreciation and amortisation expenses | 205.33 | 193.51 | 167.07 | 763.85 | 619.07 |
| g) Other expenses | 564.06 | 562.85 | 442.04 | 2,030.75 | 1,708.71 |
| Total expenses | 4,639.50 | 4,261.99 | 3,723.03 | 16,839.81 | 13,807.10 |
| 3 Profit before exceptional items and tax (1-2) | 654.02 | 839.19 | 700.35 | 3,039.58 | 3,174.66 |
| 4 Exceptional items (net) (Refer notes 5, 6, 7, 8 and 9) | 286.32 | 109.01 | (7.48) | 272.21 | (111.09) |
| 5 Profit before tax (3+4) | 940.34 | 948.20 | 692.87 | 3,311.79 | 3,063.57 |
| 6 Tax expense | |||||
| – Current tax | 187.53 | 242.15 | 167.52 | 894.07 | 758.21 |
| – Deferred tax (credit) / charge | (18.32) | (37.38) | 38.20 | (59.51) | 30.36 |
| Total tax expense | 169.21 | 204.77 | 205.72 | 834.56 | 788.57 |
| 7 Profit after tax profit attributable to (5-6) | 771.13 | 743.43 | 487.15 | 2,477.23 | 2,275.00 |
| Owners of the Parent Company | 771.13 | 743.43 | 487.15 | 2,477.23 | 2,275.00 |
| Non Controlling Interests | – | – | – | – | – |
| 8 Other comprehensive income / (loss) | |||||
| (i) Items that will not be reclassified subsequently to profit or loss | |||||
| a) Remeasurement of the defined benefit obligation | 0.37 | 4.40 | (7.91) | 11.24 | (9.85) |
| b) Income tax effect | (0.09) | (1.11) | 1.99 | (2.83) | 2.48 |
| c) Gain on equity instrument measured at Fair value through other comprehensive income | 2.60 | – | – | 2.60 | 12.46 |
| d) Income tax effect | (0.33) | – | – | (0.33) | (1.56) |
| Subtotal (i) | 2.55 | 3.29 | (5.92) | 10.68 | 3.53 |
| (ii) Items that will be reclassified subsequently to profit or loss | |||||
| a) Fair value changes on cash flow hedges | (46.50) | 11.97 | 9.16 | (83.32) | 3.65 |
| b) Income tax effect | 11.96 | (2.79) | (3.06) | 21.35 | 0.20 |
| c) Exchange differences on translation of foreign operations | 288.56 | 103.87 | 100.92 | 912.92 | 129.54 |
| Subtotal (ii) | 254.02 | 113.05 | 107.02 | 850.95 | 133.39 |
| Total (i+ii) | 256.57 | 116.34 | 101.10 | 861.63 | 136.92 |
| 9 Total comprehensive income attributable to (7+8): | 1,027.70 | 859.77 | 588.25 | 3,338.86 | 2,411.92 |
| Owners of the Parent Company | 1,027.70 | 859.77 | 588.25 | 3,338.86 | 2,411.92 |
| Non Controlling Interests | – | – | – | – | – |
| 10 Paid-up equity share capital (Face value of Rs. 2 each, fully paid) | 275.04 | 274.33 | 272.25 | 275.04 | 272.25 |
| 11 Reserves excluding revaluation reserves | 15,153.48 | 11,827.01 | |||
| 12 Earnings Per Share attributable to equity shareholders of parent (in Rs.) (Face value of Rs. 2/-) (Not annualised) | |||||
| – Basic | 5.61 | 5.42 | 3.58 | 18.09 | 16.75 |
| – Diluted | 5.48 | 5.28 | 3.45 | 17.66 | 16.15 |
Consolidated Statement of Assets and Liabilities
| Particulars | As at March 31, 2026 Audited (Refer notes 5 and 7) | As at March 31, 2025 Audited |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 291.54 | 300.15 |
| Goodwill | 8,427.74 | 4,519.19 |
| Other Intangible assets | 1,649.22 | 1,166.02 |
| Right-of-use assets | 465.75 | 299.98 |
| Intangible assets under development | 250.18 | 99.90 |
| Financial assets | ||
| Investments | 380.39 | 408.34 |
| Other financial assets | 217.34 | 60.54 |
| Deferred tax assets (net) | 142.57 | 92.84 |
| Income tax assets (net) | 81.33 | 135.90 |
| Other non-current assets | 0.75 | 1.83 |
| Total non-current assets | 11,906.81 | 7,084.69 |
| Current assets | ||
| Inventories | 0.44 | 0.81 |
| Financial assets | ||
| Investments | 4,933.01 | 3,843.40 |
| Trade receivables | 3,777.63 | 2,515.09 |
| Cash and cash equivalents | 3,943.15 | 3,372.55 |
| Bank balances other than above | 3.34 | 52.09 |
| Other financial assets | 5,325.49 | 4,428.68 |
| Other current assets | 714.09 | 583.45 |
| Total current assets | 18,697.15 | 14,796.07 |
| TOTAL ASSETS | 30,603.96 | 21,880.76 |
| EQUITY AND LIABILITIES | ||
| EQUITY | ||
| Equity share capital | 275.04 | 272.25 |
| Other equity | 15,153.48 | 11,827.01 |
| Share application money pending allotment | 0.35 | 0.34 |
| TOTAL EQUITY | 15,428.87 | 12,099.60 |
| LIABILITIES | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| Borrowings | 1,747.64 | 449.78 |
| Lease liabilities | 408.07 | 246.51 |
| Other financial liabilities | 2,054.51 | 1,180.17 |
| Deferred tax liabilities (net) | 124.15 | 16.69 |
| Provisions | 5.20 | 4.69 |
| Other non-current liabilities | 3.67 | 4.03 |
| Total non-current liabilities | 4,343.24 | 1,901.87 |
| Current liabilities | ||
| Financial liabilities | ||
| Borrowings | 926.22 | 256.67 |
| Lease liabilities | 99.70 | 75.12 |
| Trade payables (a) Total outstanding dues of micro enterprises and small enterprises | 25.87 | 19.56 |
| Trade payables (b) Total outstanding dues of creditors other than micro enterprise and small enterprises | 1,292.75 | 970.75 |
| Other financial liabilities | 5,833.54 | 4,664.48 |
| Other current liabilities | 2,234.37 | 1,585.26 |
| Provisions | 350.93 | 219.03 |
| Income tax liabilities (net) | 68.47 | 88.42 |
| Total current liabilities | 10,831.85 | 7,879.29 |
| TOTAL LIABILITIES | 15,175.09 | 9,781.16 |
| TOTAL EQUITY AND LIABILITIES | 30,603.96 | 21,880.76 |
Consolidated Statement of Cash Flows
| Particulars | Year ended March 31, 2026 (Audited) (Refer notes 5 and 7) | Year ended March 31, 2025 (Audited) |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES: | ||
| Profit before exceptional items and tax | 3,039.58 | 3,174.66 |
| Adjustments to reconcile profit before tax to net cash flows | ||
| Depreciation and amortisation expenses | 763.85 | 619.07 |
| Advances from Customers written back | (0.15) | (0.32) |
| Finance costs | 133.84 | 107.60 |
| Interest income from deposits with Banks and Financial Institutions | (116.98) | (127.21) |
| Unwinding of interest income on security deposit given | (2.35) | (2.13) |
| Unwinding of deferred income on advances received | (1.68) | (1.31) |
| Loss / (Gain) on termination of leases and others (net) | 0.01 | (0.01) |
| Gain on sale/ disposal of Property, Plant and Equipment and Intangible assets (net) | (0.93) | (3.72) |
| Net gain on changes in fair value of investments through profit and loss | (204.74) | (284.23) |
| Fair value loss on contingent consideration | 94.18 | 97.33 |
| Fair value measurement loss of strategic investment | – | 2.14 |
| Allowance for expected credit losses on trade receivables (net of reversal) | 2.80 | 30.65 |
| Allowance for doubtful advances and other receivables (net of reversal) | 0.03 | 0.02 |
| Allowance for slow/ non-moving inventory (net of reversal) | (0.68) | (2.04) |
| Liabilities/ Provisions no longer required written back | (2.17) | – |
| Unrealised Foreign Exchange (Gain) / Loss (net) | 1.27 | 28.14 |
| Share based payment expense | 262.79 | 236.63 |
| Operating cash flows before working capital changes | 3,968.67 | 3,875.27 |
| Changes in assets and liabilities | ||
| (Decrease)/ Increase in Trade Payables | 117.35 | 73.29 |
| (Decrease)/ Increase in Other Non Current Financial Liabilities | 2.83 | 3.43 |
| (Decrease)/ Increase in Other Current Liabilities | 199.72 | 51.72 |
| (Decrease)/ Increase in Other Current Financial Liabilities | 1,244.14 | (141.41) |
| (Decrease)/ Increase in Provisions-Current | 2.44 | 40.02 |
| (Increase)/ Decrease in Trade Receivables | (762.50) | (314.79) |
| (Increase)/ Decrease in Inventories | 1.05 | 2.03 |
| (Increase)/ Decrease in Other Non Current assets | 0.84 | (0.41) |
| (Increase)/ Decrease in Other Current Assets | (28.98) | (130.80) |
| (Increase)/ Decrease in Other Current Financial Assets | (728.29) | (52.71) |
| (Increase)/ Decrease in Other Non Current Financial Assets | 7.17 | (5.68) |
| Net cash flows from operations before tax | 4,024.44 | 3,399.96 |
| Direct Tax- (paid including TDS)/ refund received (net) | (925.41) | (804.82) |
| Net Cash flows from Operating activities before Exceptional Items | 3,099.03 | 2,595.14 |
| Exceptional Expenses in relation to business combination and Strategic initiatives | (214.61) | (124.10) |
| Net cash flows from operating activities (A) | 2,884.42 | 2,471.04 |
| B. CASH FLOW FROM INVESTING ACTIVITIES: | ||
| Purchase of Property, Plant and Equipment (including internally generated Intangible Assets and capital advances) | (446.91) | (478.50) |
| Proceeds from sale of Property, Plant and Equipment | 2.45 | 6.01 |
| Placement of Fixed Deposits with Banks (net) | 37.62 | (253.11) |
| Placement of Deposits with Financial Institutions (net) | (30.30) | (7.17) |
| Proceeds from sale of mutual funds | 4,144.22 | 4,456.44 |
| Purchase of mutual funds | (4,975.20) | (4,518.45) |
| Payment towards Investments in Convertible Promissory Notes / Preferred shares | – | (90.05) |
| Payment towards acquisition of businesses (net of cash acquired) | (2,994.26) | (534.77) |
| Interest received from deposits with Banks and Financial Institutions | 120.43 | 127.40 |
| Net Cash used in Investing activities (B) | (4,141.95) | (1,292.20) |
| C. CASH FLOW FROM FINANCING ACTIVITIES: | ||
| Proceeds from issue of shares under Employee stock option scheme | 142.11 | 74.83 |
| Share application money received | 0.35 | 0.34 |
| Payment of principal portion of lease liabilities | (87.77) | (71.63) |
| Payment of interest on lease liabilities | (32.03) | (30.74) |
| Repayment of long term borrowings | (390.50) | (254.48) |
| Proceeds from short term borrowings | 8.54 | – |
| Proceeds from long term borrowings | 2,162.67 | – |
| Interest paid | (90.83) | (71.76) |
| Dividend paid to equity share holders of Parent Company | (410.05) | (372.37) |
| Net Cash flows from / (used in) Financing activities (C) | 1,302.49 | (725.81) |
| Net Increase in cash & cash equivalents (A) + (B) +(C) | 44.96 | 453.03 |
| Exchange difference on translation of foreign currency cash and cash equivalents | 525. |