Buy NIIT Learning Systems; target of Rs 525: Sharekhan

Buy

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Sharekhan's research report on NIIT Learning Systems

For Q2FY2025, NLSL revenue stood at Rs. 397 crore, down 2% q-o-q/up 4% y-o-y in CC, missing our estimate of Rs. 417 crore. EBITDA margin fell ~160 bps q-o-q to 22%, below our estimate of 24.1%, largely due to wage hike and lower revenue. Revenue visibility improved to $368 million in Q2FY2025 from $350 million in Q1FY25. Management has revised its revenue growth guidance for FY25 to 7% plus in CC terms from 12-14%.

Outlook

We maintain BUY with a revised PT of Rs. 525 (valued at 22x its September 2026E EPS). At CMP, the stock trades at 25x/21x/17.3x its FY25/26/27E EPS.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

NIIT Learning Systems - 24102024 - khan