Network People Services Technologies Limited (NPST) AI Stock Analysis

• Market Cap: ₹25.25B
• Dividend Yield: 0.14%
• Average Volume (3M): 641.00
• Price to Earnings (P/E): 83.4
• Beta (1Y): 1.09
• Revenue Growth: -36.28%
• EPS Growth: -44.04%
• Country: IN
• Employees: 333
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 5.07
• Shares Outstanding: 20,841,750
• 10 Day Avg. Volume: 722
• 30 Day Avg. Volume: 641
• PEG Ratio: 1.50
• Price to Book (P/B): 44.27
• Price to Sales (P/S): 26.51
• P/FCF Ratio: 251.34
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ₹1,260.00 ▼(-10.54% Downside)

The overall stock score of 58 reflects strong financial performance, which is the most significant factor, offset by weak technical indicators and high valuation concerns. The company's robust financial health supports its resilience, but the current technical and valuation metrics suggest caution for potential investors.

Positive Factors

Balance Sheet Strength

Low leverage and sizable cash reserves provide durable financial flexibility: the company can fund operations, absorb shocks, and pursue opportunistic investments without relying heavily on external financing. This enhances resilience and strategic optionality over the medium term.

Cash Generation

Consistent positive operating and free cash flow indicates the business converts revenue to cash effectively, supporting reinvestment, debt service, and potential shareholder returns. Strong cash conversion reduces refinancing risk and sustains operations through industry cycles.

High Profitability Margins

Elevated gross, EBIT and net margins reflect operational efficiency and pricing power in core payment solutions. Sustained high margins translate into better cash flow and reinvestment capacity, allowing the company to fund growth and defend position versus lower-margin competitors.

Negative Factors

Declining Revenue and EPS

Material year-over-year declines in revenue and EPS signal deterioration in demand or contract execution that can erode economies of scale and investor confidence. Without reversal, falling top-line and earnings hinder reinvestment capacity and long-term growth prospects.

Volatile Investing Cash Flows

Irregular investing cash flows imply episodic capex or M&A activity that can strain liquidity and create execution risk. Poorly timed or unproductive investments could weaken the balance sheet or dilute returns, making disciplined capital allocation critical to preserve long-term value.

Competitive Industry Pressure

Operating in a highly competitive payments/fintech market increases pressure on pricing, product differentiation and customer retention. Sustaining margins will require continuous R&D and commercial investment, raising the risk that competition could compress profitability over the medium term.

Network People Services Technologies Limited Business Overview & Revenue Model

Company Description

Network People Services Technologies Ltd. engages in the provision of digital payment solutions. It includes unified payment interface (UPI), immediate payment service (IMPS), mobile banking, and wallets.

How the Company Makes Money

NPST generates revenue primarily through a diverse range of service offerings, including managed network services, IT consultancy projects, and custom software development. The company charges clients on a subscription basis for its managed services, while consultancy projects are billed on a time and materials basis or fixed-price contracts, depending on the scope of work. Additionally, NPST earns income from licensing its proprietary software solutions to businesses looking to enhance their operational capabilities. Key revenue streams also include strategic partnerships with major technology vendors, allowing NPST to offer integrated solutions that combine hardware and software, further expanding its market reach and revenue potential.

Network People Services Technologies Limited Financial Statement Overview

Summary

Network People Services Technologies Limited demonstrates strong financial performance with impressive revenue growth, high profitability margins, and robust cash flow generation. The company maintains a solid balance sheet with low leverage and substantial cash reserves, enhancing financial resilience.

Income Statement

Network People Services Technologies Limited has demonstrated impressive revenue growth over the years, with a significant year-over-year increase in total revenue from 2024 to 2025. The company maintains strong profitability with high gross and net profit margins, indicating effective cost management. The EBIT and EBITDA margins are also robust, reflecting operational efficiency. However, continued focus on maintaining these margins is crucial as the industry is highly competitive.

Balance Sheet

The company showcases a solid balance sheet with a healthy equity ratio, indicating strong financial stability and low leverage. The debt-to-equity ratio is favorable, and the return on equity is impressive, reflecting efficient use of shareholders' funds. The company has substantial cash reserves, providing a buffer against potential financial fluctuations. However, managing liabilities and ensuring sustainable equity growth should remain a priority.

Cash Flow

Cash flow analysis reveals positive operating and free cash flows, highlighting the company's ability to generate cash from its operations. The free cash flow growth rate is healthy year-over-year, underscoring effective cash management. The operating cash flow to net income ratio is strong, indicating good conversion of revenue into cash. Nonetheless, the volatility in investing cash flows suggests that strategic investments should be carefully monitored.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.48B	1.73B	1.28B	408.42M	192.36M	153.44M
Gross Profit	594.82M	720.17M	496.62M	171.60M	63.17M	47.27M
EBITDA	478.89M	675.77M	454.91M	123.77M	37.69M	29.70M
Net Income	364.78M	451.96M	268.91M	65.24M	14.96M	10.80M
Balance Sheet
Total Assets	0.00	1.46B	769.08M	390.67M	303.62M	165.19M
Cash, Cash Equivalents and Short-Term Investments	944.18M	959.22M	633.76M	193.41M	90.49M	4.52M
Total Debt	0.00	95.87M	1.38M	2.04M	0.00	3.80M
Total Liabilities	-1.04B	415.12M	185.64M	104.34M	82.53M	97.89M
Stockholders Equity	1.04B	1.04B	575.92M	286.33M	221.09M	67.30M
Cash Flow
Free Cash Flow	0.00	182.68M	482.43M	178.36M	-132.41M	-2.26M
Operating Cash Flow	0.00	290.64M	509.71M	239.04M	-74.39M	23.33M
Investing Cash Flow	0.00	84.14M	-330.90M	-57.32M	-54.86M	-25.53M
Financing Cash Flow	0.00	67.47M	-2.62M	1.94M	134.49M	3.28M

Network People Services Technologies Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CIGNITITEC	80 Outperform	₹44.60B	14.72	―	―	13.58%	104.94%
RSYSTEMS	73 Outperform	₹44.83B	23.73	―	3.06%	8.36%	36.68%
DATAMATICS	72 Outperform	₹41.48B	21.29	―	0.58%	18.81%	29.35%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
NPST	58 Neutral	₹25.25B	83.39	―	0.14%	-36.28%	-44.04%
63MOONS	46 Neutral	₹29.82B	-96.60	―	0.16%	-72.26%	-142.14%

Network People Services Technologies Limited Corporate Events

Network People Services Technologies Schedules Q2 FY26 Earnings Call

Network People Services Technologies Limited has announced that it will host an Investor and Analyst group conference call on November 13, 2025, to discuss its product categories and performance for the quarter ended September 30, 2025. This meeting is a significant opportunity for stakeholders to gain insights into the company’s recent performance and future prospects, although it may be subject to change due to unforeseen circumstances.