Network People Services Technologies Limited (IN:NPST)
:NPST
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Network People Services Technologies Limited
(NPST)
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Rating:63Neutral
Price Target:
₹1,755.00
▲(24.61% Upside)
Action:Reiterated
Date:06/13/26
The score is held back primarily by weakened FY2026 cash flow and margin compression despite strong revenue growth and a conservatively financed balance sheet. Technicals are supportive with a clear uptrend, but momentum is close to overextended. Valuation is a notable headwind due to the very high P/E and a low dividend yield.
Positive Factors
Strong revenue scaling
Sustained, large revenue growth—including a ~52% jump in FY2026—indicates expanding product adoption and market penetration. This durable top-line expansion underpins capacity to invest in platform enhancements and sales motion, supporting long-term competitive positioning and scale economics.
Negative Factors
Material cash-flow deterioration
Profits are not translating into cash: operating and free cash flow turned deeply negative in FY2026. Persistent negative cash conversion raises funding risk for growth investments, increases reliance on external financing or equity, and questions earnings durability if not resolved.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue scaling
Sustained, large revenue growth—including a ~52% jump in FY2026—indicates expanding product adoption and market penetration. This durable top-line expansion underpins capacity to invest in platform enhancements and sales motion, supporting long-term competitive positioning and scale economics.
Read all positive factors
Network People Services Technologies Limited (NPST) vs. iShares MSCI India ETF (INDA)
Market Cap
₹33.64B
Dividend Yield0.14%
Average Volume (3M)641.00
Price to Earnings (P/E)117.0
Beta (1Y)1.92
Revenue Growth12.53%
EPS Growth-9.91%
CountryIN
Employees333
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)14.46
Shares Outstanding20,850,650
10 Day Avg. Volume722
30 Day Avg. Volume641
Financial Highlights & Ratios
PEG Ratio-4.62
Price to Book (P/B)4.97
Price to Sales (P/S)11.23
P/FCF Ratio-27.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Network People Services Technologies Limited Business Overview & Revenue Model
Company Description
Network People Services Technologies Ltd. focuses on delivering a variety of electronic payment services. Its offerings include the Unified Payment Interface (UPI), Immediate Payment Service (IMPS), mobile banking functionalities, and digital wall...
How the Company Makes Money
NPST primarily makes money by selling technology and services to banks, payment ecosystem participants, and enterprises that need to enable, manage, or scale digital payment operations. Key revenue streams typically include: (1) Software/platform ...
Network People Services Technologies Limited Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.28B | 1.95B | 1.73B | 1.28B | 408.42M | 192.36M |
| Gross Profit | 470.62M | 548.80M | 720.17M | 496.62M | 171.60M | 63.17M |
| EBITDA | 405.36M | 506.40M | 675.77M | 454.91M | 123.77M | 37.69M |
| Net Income | 281.73M | 408.30M | 451.96M | 268.91M | 65.24M | 14.96M |
Balance Sheet | ||||||
| Total Assets | 4.80B | 5.08B | 1.46B | 769.08M | 390.67M | 303.62M |
| Cash, Cash Equivalents and Short-Term Investments | 3.48B | 3.09B | 959.22M | 633.76M | 193.41M | 90.49M |
| Total Debt | 68.44M | 137.60M | 95.87M | 1.38M | 2.04M | 0.00 |
| Total Liabilities | 628.07M | 670.60M | 415.12M | 185.64M | 104.34M | 82.53M |
| Stockholders Equity | 4.17B | 4.40B | 1.04B | 575.92M | 286.33M | 221.09M |
Cash Flow | ||||||
| Free Cash Flow | -304.13M | -809.60M | 182.68M | 482.43M | 178.36M | -132.41M |
| Operating Cash Flow | -77.70M | -336.30M | 290.64M | 509.71M | 239.04M | -74.39M |
| Investing Cash Flow | -415.75M | -542.30M | 84.14M | -330.90M | -57.32M | -54.86M |
| Financing Cash Flow | 2.97B | 2.96B | 67.47M | -2.62M | 1.94M | 134.49M |
Network People Services Technologies Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹6.91B | 20.12 | ― | 5.97% | 18.36% | 0.03% | |
72 Outperform | ₹16.39B | 18.93 | ― | 0.13% | 30.09% | 129.09% | |
65 Neutral | ₹69.55B | 22.83 | ― | 0.59% | 5.89% | -5.03% | |
63 Neutral | ₹33.64B | 116.97 | ― | 0.14% | 12.53% | -9.91% | |
63 Neutral | ₹21.09B | 50.10 | ― | ― | 18.54% | ― | |
62 Neutral | ₹8.31B | 9.87 | ― | ― | 10.85% | 7.23% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
IN:NPST
Network People Services Technologies Limited
1,613.30
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-19.88%
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Network People Services Technologies Limited Corporate Events
NPST Publishes FY26 Investor Presentation on Audited Results
May 28, 2026
Network People Services Technologies Limited has released an investor and analyst presentation detailing its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026. The materials, described as capt...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.