NIIT Ltd.

Financial

	NIIT	Zen Technologies	Black Box
Operational Metrics
IT
Net Sales by Employee Cost	2.37 .	7.52 .	n/a
Constant Currency Growth - YoY - - Skills & Careers Group (SNC)	18.0 %	n/a	n/a
Constant Currency Growth - YoY - Corporate Learning Group (CLG)	15.0 %	n/a	n/a
Constant Currency Growth - YoY	8.0 %	n/a	n/a
Financials
5 yr Average ROE	24.33 %	11.27 %	-60.56 %
5yr average Equity Multiplier	1.43	1.25	29.36
5yr Average Asset Turnover Ratio	0.38	0.43	1.83
5yr Avg Net Profit Margin	51.96 %	16.38 %	-0.49 %
Price to Book	1.34	22.06	12.29
P/E	36.2	77.4	42.92
5yr Avg Cash Conversion Cycle	118.62 Days	126.1 Days	-154.3 Days
Inventory Days	1.51 Days	81.43 Days	13.87 Days
Days Receivable	117.15 Days	97.63 Days	22.96 Days
Days Payable	1535.94 Days	86.67 Days	162.88 Days
5yr Average Interest Coverage Ratio	25.51	9.6	1.02
5yr Avg ROCE	5.07 %	14.54 %	29.99 %
5yr Avg Operating Profit Margin	16.32 %	26.91 %	5.14 %
5 yr average Debt to Equity	0.07	0.08	8.7
5yr CAGR Net Profit	-48.34 %	26.26 %	n/a
5yr Average Return on Assets	16.85 %	9.61 %	0.04 %
Shareholdings
Promoter Holding	34.72 %	55.07 %	71.09 %
Share Pledged by Promoters	0.0	0.0	8.93 %
Change in Promoter Holding (3 Yrs)	0.57 %	-5.12 %	0.79 %
Change in Mutual Fund Holding (3 Yrs)	0.74 %	0.05 %	0.0

Business

	NIIT	Zen Technologies	Black Box
Product Wise Break-Up	Product Wise Break-Up Service 98.67 Courseware Revenue 1.33 Hardware & Accessories Revenue 0 Sale of Products Services 0 Sale of simulators 0 Technology Product Solution (TPS) 0 System Integration (SI) 0	Product Wise Break-Up Courseware Revenue 0 System Integration (SI) 0 Technology Product Solution (TPS) 0 Hardware & Accessories Revenue 0 Sale of Products Services 0 Service 0 simulators 100.0	Product Wise Break-Up Courseware Revenue 0 System Integration 85.68 Technology Product Solution (TPS) 12.15 Hardware & Accessories Revenue 0 Sale of Products Services 0 Service 0 Sale of simulators 0 Others 2.17
Location Wise Break-Up	Location Wise Break-Up India 82.29 USA 2.22 Europe 0.17 Rest of the World 0 Others 15.32	Location Wise Break-Up USA 0 Europe 0 Rest of the World 0 India 47.8 Others 52.2	Location Wise Break-Up USA 0 Europe 0 Rest of the World 94.0 India 6.0
Operating Profit Break-Up	Operating Profit Break-Up Corporate Learning Group (CLG) 95.54 Skills & Career Group (SNC) 4.46 Technology Product Solution 0 System Integration 0	-	Operating Profit Break-Up Technology Product Solution 0 System Integration 100.0 Corporate Learning Group (CLG) 0 Skills & Career Group (SNC) 0
Verticals	Verticals Defence 0 Others 100	Verticals Defence 100.0	-
Customer Segment	Customer Segment Early Career 52.0 Work Pro 48.0 School Learning Group (SLG) 0 Skills & Careers Group(SNC) 0 Corporate Learning Group (CLG) 0	-	-
Asset Break-Up	Asset Break-Up India 44.67 America 12.93 Europe 0.94 Others 41.46	-	Asset Break-Up America 81.61 Europe 0 India 9.41 Others 8.98

NIIT Ltd.

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