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Network People Services Technologies share price today

Network People Services Technologies Ltd · NSE: NPST · IT Product Companies · prices and results as of 5 November 2026, updated weekly · research updated 10 October 2026

Network People Services Technologies share price today: ₹1,753.50 at the NSE close on 5 November 2026, down 0.9% in a year. Network People Services Technologies (NSE: NPST) is worth ₹3,657 crore, trades at a P/E of 81.9 and has closed between ₹890.60 and ₹1,843.60 over the past 52 weeks. Latest change: number of shareholders up 107% in a year.

Turning aroundBusiness trend from the last 12 quarters
₹1,753.50Price −0.9% in a year
81.9×P/E higher than 51% of the last 5.2 years
₹56.0 CrRevenue (Jun 2026) +64.7% on a year ago
₹11.0 CrProfit (Jun 2026) +57.1% on a year ago
25.0%Operating margin −4.0 points on a year ago
20%ROCE FY26
22.6%ROIC against a 12.0% cost of capital: +10.6 points

Network People Services Technologies Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: profits are rising, but only 31% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.

The price has been rising for 14 weeks, and the P/E is higher than 51% of its own last 5.2 years. Over the last four quarters, results have been improving, with profit +57.1% on a year earlier, and 31% of the last 3 years' profit came in as cash. What will decide it: whether the cash starts to follow the profit.

What is the Network People Services Technologies share price today?

Network People Services Technologies Ltd's share price was ₹1,753.50 at the close on 5 November 2026. It has been rising for 14 weeks. That is 10.2% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 12 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Network People Services Technologies Ltd is in stage 2. The phase helps read everything below.

In the last 52 weeks it traded between ₹891 and ₹1,844, and at that close it sat 91% of the way up from that low.

1Y

Nov 2026: ₹1,754, 10.2% above its 200-day average. The price has been rising for 14 weeks.

  • Price ₹1,754
  • 50-day avg ₹1,702
  • 200-day avg ₹1,591
Nov 2026: ₹1,754, 10.2% above its 200-day average. The price has been rising for 14 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹1,857₹1,971₹2,082
7 Nov 2025₹1,770₹1,940₹2,070
14 Nov 2025₹1,816₹1,917₹2,057
21 Nov 2025₹1,601₹1,870₹2,038
28 Nov 2025₹1,652₹1,824₹2,017
5 Dec 2025₹1,479₹1,770₹1,993
12 Dec 2025₹1,451₹1,715₹1,967
19 Dec 2025₹1,408₹1,663₹1,941
26 Dec 2025₹1,352₹1,621₹1,919
2 Jan 2026₹1,410₹1,582₹1,894
9 Jan 2026₹1,400₹1,551₹1,871
16 Jan 2026₹1,397₹1,522₹1,850
23 Jan 2026₹1,294₹1,493₹1,827
1 Feb 2026₹1,198₹1,443₹1,797
6 Feb 2026₹1,282₹1,403₹1,769
13 Feb 2026₹1,170₹1,390₹1,748
20 Feb 2026₹1,217₹1,356₹1,721
27 Feb 2026₹1,169₹1,318₹1,693
6 Mar 2026₹1,056₹1,280₹1,668
13 Mar 2026₹891₹1,226₹1,635
20 Mar 2026₹1,106₹1,187₹1,604
27 Mar 2026₹1,075₹1,173₹1,584
2 Apr 2026₹1,130₹1,162₹1,569
10 Apr 2026₹1,246₹1,169₹1,551
17 Apr 2026₹1,274₹1,181₹1,539
24 Apr 2026₹1,213₹1,191₹1,525
30 Apr 2026₹1,193₹1,193₹1,512
8 May 2026₹1,244₹1,202₹1,499
15 May 2026₹1,051₹1,184₹1,480
22 May 2026₹1,022₹1,157₹1,458
29 May 2026₹1,155₹1,144₹1,443
4 Jun 2026₹1,429₹1,173₹1,439
5 Jun 2026₹1,442₹1,184₹1,439
9 Jun 2026₹1,573₹1,210₹1,440
10 Jun 2026₹1,651₹1,227₹1,442
12 Jun 2026₹1,648₹1,255₹1,445
17 Jun 2026₹1,624₹1,295₹1,450
19 Jun 2026₹1,572₹1,318₹1,453
24 Jun 2026₹1,631₹1,351₹1,458
25 Jun 2026₹1,585₹1,360₹1,459
1 Jul 2026₹1,622₹1,388₹1,463
3 Jul 2026₹1,744₹1,413₹1,468
10 Jul 2026₹1,620₹1,451₹1,476
17 Jul 2026₹1,580₹1,477₹1,482
24 Jul 2026₹1,519₹1,487₹1,484
31 Jul 2026₹1,526₹1,496₹1,487
7 Aug 2026₹1,505₹1,500₹1,488
14 Aug 2026₹1,586₹1,514₹1,492
21 Aug 2026₹1,589₹1,529₹1,498
28 Aug 2026₹1,701₹1,549₹1,504
4 Sep 2026₹1,719₹1,575₹1,513
11 Sep 2026₹1,686₹1,599₹1,523
18 Sep 2026₹1,829₹1,627₹1,533
25 Sep 2026₹1,796₹1,662₹1,547
28 Sep 2026₹1,655₹1,662₹1,548
1 Oct 2026₹1,767₹1,669₹1,554
9 Oct 2026₹1,752₹1,695₹1,566
16 Oct 2026₹1,844₹1,718₹1,579
23 Oct 2026₹1,648₹1,716₹1,584
30 Oct 2026₹1,600₹1,703₹1,587
5 Nov 2026₹1,754₹1,702₹1,591
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹1,754, 10.2% above its 200-day average. The price has been rising for 14 weeks.

  • Price ₹1,754
  • 50-day avg ₹1,702
  • 200-day avg ₹1,591
Nov 2026: ₹1,754, 10.2% above its 200-day average. The price has been rising for 14 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹664₹522₹324
12 Nov 2023₹700₹559₹346
17 Nov 2023₹780₹585₹361
24 Nov 2023₹741₹614₹380
1 Dec 2023₹711₹630₹393
8 Dec 2023₹745₹650₹410
15 Dec 2023₹740₹667₹427
22 Dec 2023₹735₹677₹441
29 Dec 2023₹815₹696₹455
5 Jan 2024₹823₹716₹472
12 Jan 2024₹786₹730₹488
20 Jan 2024₹817₹745₹506
25 Jan 2024₹865₹758₹517
2 Feb 2024₹976₹787₹536
9 Feb 2024₹1,250₹852₹566
16 Feb 2024₹1,410₹958₹608
23 Feb 2024₹1,206₹1,008₹639
2 Mar 2024₹1,301₹1,070₹677
7 Mar 2024₹1,257₹1,093₹699
15 Mar 2024₹1,093₹1,096₹719
22 Mar 2024₹1,094₹1,097₹737
28 Mar 2024₹1,139₹1,098₹748
5 Apr 2024₹1,229₹1,119₹771
12 Apr 2024₹1,216₹1,137₹789
19 Apr 2024₹1,211₹1,147₹806
26 Apr 2024₹1,544₹1,194₹835
3 May 2024₹1,611₹1,251₹864
10 May 2024₹1,348₹1,286₹892
18 May 2024₹1,340₹1,300₹919
24 May 2024₹1,422₹1,321₹940
31 May 2024₹1,339₹1,331₹961
7 Jun 2024₹1,475₹1,347₹983
14 Jun 2024₹1,674₹1,399₹1,015
21 Jun 2024₹1,632₹1,436₹1,040
28 Jun 2024₹1,620₹1,464₹1,067
5 Jul 2024₹1,781₹1,509₹1,098
12 Jul 2024₹1,933₹1,565₹1,133
19 Jul 2024₹2,009₹1,637₹1,169
26 Jul 2024₹2,602₹1,778₹1,229
2 Aug 2024₹2,692₹1,944₹1,301
9 Aug 2024₹2,942₹2,114₹1,378
16 Aug 2024₹3,041₹2,234₹1,439
23 Aug 2024₹3,193₹2,375₹1,515
30 Aug 2024₹3,341₹2,551₹1,605
6 Sep 2024₹3,432₹2,702₹1,691
13 Sep 2024₹3,150₹2,788₹1,764
20 Sep 2024₹2,466₹2,777₹1,811
27 Sep 2024₹2,891₹2,780₹1,859
4 Oct 2024₹2,593₹2,757₹1,889
11 Oct 2024₹2,422₹2,712₹1,919
18 Oct 2024₹2,785₹2,701₹1,955
25 Oct 2024₹2,778₹2,720₹1,996
1 Nov 2024₹3,118₹2,762₹2,043
8 Nov 2024₹3,359₹2,837₹2,098
14 Nov 2024₹2,932₹2,885₹2,140
22 Nov 2024₹3,022₹2,902₹2,174
29 Nov 2024₹3,003₹2,925₹2,215
6 Dec 2024₹2,919₹2,928₹2,251
13 Dec 2024₹2,870₹2,918₹2,281
20 Dec 2024₹2,848₹2,914₹2,311
27 Dec 2024₹2,688₹2,891₹2,329
3 Jan 2025₹2,547₹2,845₹2,344
10 Jan 2025₹2,467₹2,790₹2,353
17 Jan 2025₹2,518₹2,724₹2,357
24 Jan 2025₹2,395₹2,682₹2,364
1 Feb 2025₹2,277₹2,591₹2,357
7 Feb 2025₹2,300₹2,528₹2,351
14 Feb 2025₹1,823₹2,444₹2,337
21 Feb 2025₹1,761₹2,320₹2,309
28 Feb 2025₹1,704₹2,237₹2,288
7 Mar 2025₹1,656₹2,127₹2,256
13 Mar 2025₹1,617₹2,045₹2,229
21 Mar 2025₹2,278₹2,021₹2,213
28 Mar 2025₹2,390₹2,080₹2,220
4 Apr 2025₹2,157₹2,109₹2,222
11 Apr 2025₹2,246₹2,119₹2,220
17 Apr 2025₹2,297₹2,140₹2,222
25 Apr 2025₹2,177₹2,159₹2,224
2 May 2025₹2,292₹2,179₹2,226
9 May 2025₹1,950₹2,154₹2,217
16 May 2025₹2,042₹2,139₹2,210
23 May 2025₹2,011₹2,118₹2,201
30 May 2025₹2,108₹2,103₹2,193
6 Jun 2025₹2,124₹2,113₹2,191
13 Jun 2025₹2,119₹2,116₹2,188
20 Jun 2025₹1,969₹2,105₹2,182
27 Jun 2025₹2,006₹2,075₹2,170
4 Jul 2025₹2,049₹2,068₹2,164
11 Jul 2025₹2,007₹2,065₹2,158
18 Jul 2025₹1,899₹2,043₹2,148
25 Jul 2025₹1,826₹2,009₹2,134
1 Aug 2025₹2,258₹2,030₹2,133
8 Aug 2025₹2,121₹2,054₹2,135
14 Aug 2025₹2,302₹2,077₹2,137
22 Aug 2025₹2,343₹2,104₹2,142
29 Aug 2025₹2,137₹2,116₹2,143
5 Sep 2025₹2,104₹2,116₹2,142
12 Sep 2025₹2,077₹2,114₹2,140
19 Sep 2025₹2,062₹2,107₹2,137
26 Sep 2025₹1,912₹2,078₹2,128
3 Oct 2025₹2,010₹2,058₹2,121
10 Oct 2025₹1,898₹2,033₹2,111
17 Oct 2025₹1,891₹2,008₹2,100
24 Oct 2025₹1,904₹1,998₹2,094
31 Oct 2025₹1,857₹1,971₹2,082
7 Nov 2025₹1,770₹1,940₹2,070
14 Nov 2025₹1,816₹1,917₹2,057
21 Nov 2025₹1,601₹1,870₹2,038
28 Nov 2025₹1,652₹1,824₹2,017
5 Dec 2025₹1,479₹1,770₹1,993
12 Dec 2025₹1,451₹1,715₹1,967
19 Dec 2025₹1,408₹1,663₹1,941
26 Dec 2025₹1,352₹1,621₹1,919
2 Jan 2026₹1,410₹1,582₹1,894
9 Jan 2026₹1,400₹1,551₹1,871
16 Jan 2026₹1,397₹1,522₹1,850
23 Jan 2026₹1,294₹1,493₹1,827
1 Feb 2026₹1,198₹1,443₹1,797
6 Feb 2026₹1,282₹1,403₹1,769
13 Feb 2026₹1,170₹1,390₹1,748
20 Feb 2026₹1,217₹1,356₹1,721
27 Feb 2026₹1,169₹1,318₹1,693
6 Mar 2026₹1,056₹1,280₹1,668
13 Mar 2026₹891₹1,226₹1,635
20 Mar 2026₹1,106₹1,187₹1,604
27 Mar 2026₹1,075₹1,173₹1,584
2 Apr 2026₹1,130₹1,162₹1,569
10 Apr 2026₹1,246₹1,169₹1,551
17 Apr 2026₹1,274₹1,181₹1,539
24 Apr 2026₹1,213₹1,191₹1,525
30 Apr 2026₹1,193₹1,193₹1,512
8 May 2026₹1,244₹1,202₹1,499
15 May 2026₹1,051₹1,184₹1,480
22 May 2026₹1,022₹1,157₹1,458
29 May 2026₹1,155₹1,144₹1,443
4 Jun 2026₹1,429₹1,173₹1,439
5 Jun 2026₹1,442₹1,184₹1,439
9 Jun 2026₹1,573₹1,210₹1,440
10 Jun 2026₹1,651₹1,227₹1,442
12 Jun 2026₹1,648₹1,255₹1,445
17 Jun 2026₹1,624₹1,295₹1,450
19 Jun 2026₹1,572₹1,318₹1,453
24 Jun 2026₹1,631₹1,351₹1,458
25 Jun 2026₹1,585₹1,360₹1,459
1 Jul 2026₹1,622₹1,388₹1,463
3 Jul 2026₹1,744₹1,413₹1,468
10 Jul 2026₹1,620₹1,451₹1,476
17 Jul 2026₹1,580₹1,477₹1,482
24 Jul 2026₹1,519₹1,487₹1,484
31 Jul 2026₹1,526₹1,496₹1,487
7 Aug 2026₹1,505₹1,500₹1,488
14 Aug 2026₹1,586₹1,514₹1,492
21 Aug 2026₹1,589₹1,529₹1,498
28 Aug 2026₹1,701₹1,549₹1,504
4 Sep 2026₹1,719₹1,575₹1,513
11 Sep 2026₹1,686₹1,599₹1,523
18 Sep 2026₹1,829₹1,627₹1,533
25 Sep 2026₹1,796₹1,662₹1,547
28 Sep 2026₹1,655₹1,662₹1,548
1 Oct 2026₹1,767₹1,669₹1,554
9 Oct 2026₹1,752₹1,695₹1,566
16 Oct 2026₹1,844₹1,718₹1,579
23 Oct 2026₹1,648₹1,716₹1,584
30 Oct 2026₹1,600₹1,703₹1,587
5 Nov 2026₹1,754₹1,702₹1,591
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹1,754, 10.2% above its 200-day average. The price has been rising for 14 weeks.

  • Price ₹1,754
  • 50-day avg ₹1,702
  • 200-day avg ₹1,591
Nov 2026: ₹1,754, 10.2% above its 200-day average. The price has been rising for 14 weeks.
WeekPrice50-day avg200-day avg
2 Nov 2021₹23₹25₹26
18 Nov 2021₹22₹24₹26
3 Dec 2021₹21₹23₹25
17 Dec 2021₹25₹23₹25
31 Dec 2021₹24₹23₹25
14 Jan 2022₹24₹24₹25
28 Jan 2022₹25₹24₹25
11 Feb 2022₹26₹24₹25
24 Feb 2022₹23₹24₹25
15 Mar 2022₹24₹24₹25
1 Apr 2022₹26₹24₹25
22 Apr 2022₹26₹25₹25
6 May 2022₹25₹25₹25
20 May 2022₹28₹25₹25
3 Jun 2022₹29₹26₹25
17 Jun 2022₹28₹26₹26
30 Jun 2022₹26₹27₹26
14 Jul 2022₹29₹27₹26
28 Jul 2022₹31₹28₹26
12 Aug 2022₹37₹29₹27
26 Aug 2022₹40₹32₹28
9 Sep 2022₹42₹35₹29
23 Sep 2022₹40₹37₹30
7 Oct 2022₹38₹37₹30
18 Oct 2022₹38₹37₹31
2 Nov 2022₹38₹38₹31
18 Nov 2022₹34₹37₹31
2 Dec 2022₹43₹38₹32
16 Dec 2022₹42₹39₹33
30 Dec 2022₹73₹43₹35
13 Jan 2023₹115₹61₹40
27 Jan 2023₹123₹78₹47
10 Feb 2023₹106₹86₹51
24 Feb 2023₹116₹91₹56
10 Mar 2023₹131₹102₹62
24 Mar 2023₹153₹118₹70
6 Apr 2023₹188₹132₹77
21 Apr 2023₹197₹150₹86
5 May 2023₹228₹167₹97
19 May 2023₹229₹186₹108
2 Jun 2023₹229₹195₹117
16 Jun 2023₹268₹214₹130
30 Jun 2023₹273₹232₹142
14 Jul 2023₹249₹240₹151
28 Jul 2023₹342₹255₹163
11 Aug 2023₹463₹311₹188
25 Aug 2023₹452₹352₹209
8 Sep 2023₹437₹380₹229
22 Sep 2023₹452₹398₹247
6 Oct 2023₹472₹414₹265
20 Oct 2023₹540₹466₹294
3 Nov 2023₹664₹522₹324
17 Nov 2023₹780₹585₹361
1 Dec 2023₹711₹630₹393
15 Dec 2023₹740₹667₹427
29 Dec 2023₹815₹696₹455
12 Jan 2024₹786₹730₹488
25 Jan 2024₹865₹758₹517
9 Feb 2024₹1,250₹852₹566
23 Feb 2024₹1,206₹1,008₹639
7 Mar 2024₹1,257₹1,093₹699
22 Mar 2024₹1,094₹1,097₹737
5 Apr 2024₹1,229₹1,119₹771
19 Apr 2024₹1,211₹1,147₹806
3 May 2024₹1,611₹1,251₹864
18 May 2024₹1,340₹1,300₹919
31 May 2024₹1,339₹1,331₹961
14 Jun 2024₹1,674₹1,399₹1,015
28 Jun 2024₹1,620₹1,464₹1,067
12 Jul 2024₹1,933₹1,565₹1,133
26 Jul 2024₹2,602₹1,778₹1,229
9 Aug 2024₹2,942₹2,114₹1,378
23 Aug 2024₹3,193₹2,375₹1,515
6 Sep 2024₹3,432₹2,702₹1,691
20 Sep 2024₹2,466₹2,777₹1,811
4 Oct 2024₹2,593₹2,757₹1,889
18 Oct 2024₹2,785₹2,701₹1,955
1 Nov 2024₹3,118₹2,762₹2,043
14 Nov 2024₹2,932₹2,885₹2,140
29 Nov 2024₹3,003₹2,925₹2,215
13 Dec 2024₹2,870₹2,918₹2,281
27 Dec 2024₹2,688₹2,891₹2,329
10 Jan 2025₹2,467₹2,790₹2,353
24 Jan 2025₹2,395₹2,682₹2,364
7 Feb 2025₹2,300₹2,528₹2,351
21 Feb 2025₹1,761₹2,320₹2,309
7 Mar 2025₹1,656₹2,127₹2,256
21 Mar 2025₹2,278₹2,021₹2,213
4 Apr 2025₹2,157₹2,109₹2,222
17 Apr 2025₹2,297₹2,140₹2,222
2 May 2025₹2,292₹2,179₹2,226
16 May 2025₹2,042₹2,139₹2,210
30 May 2025₹2,108₹2,103₹2,193
13 Jun 2025₹2,119₹2,116₹2,188
27 Jun 2025₹2,006₹2,075₹2,170
11 Jul 2025₹2,007₹2,065₹2,158
25 Jul 2025₹1,826₹2,009₹2,134
8 Aug 2025₹2,121₹2,054₹2,135
22 Aug 2025₹2,343₹2,104₹2,142
5 Sep 2025₹2,104₹2,116₹2,142
19 Sep 2025₹2,062₹2,107₹2,137
3 Oct 2025₹2,010₹2,058₹2,121
17 Oct 2025₹1,891₹2,008₹2,100
31 Oct 2025₹1,857₹1,971₹2,082
14 Nov 2025₹1,816₹1,917₹2,057
28 Nov 2025₹1,652₹1,824₹2,017
12 Dec 2025₹1,451₹1,715₹1,967
26 Dec 2025₹1,352₹1,621₹1,919
9 Jan 2026₹1,400₹1,551₹1,871
23 Jan 2026₹1,294₹1,493₹1,827
6 Feb 2026₹1,282₹1,403₹1,769
20 Feb 2026₹1,217₹1,356₹1,721
6 Mar 2026₹1,056₹1,280₹1,668
20 Mar 2026₹1,106₹1,187₹1,604
2 Apr 2026₹1,130₹1,162₹1,569
17 Apr 2026₹1,274₹1,181₹1,539
30 Apr 2026₹1,193₹1,193₹1,512
15 May 2026₹1,051₹1,184₹1,480
29 May 2026₹1,155₹1,144₹1,443
5 Jun 2026₹1,442₹1,184₹1,439
10 Jun 2026₹1,651₹1,227₹1,442
17 Jun 2026₹1,624₹1,295₹1,450
24 Jun 2026₹1,631₹1,351₹1,458
1 Jul 2026₹1,622₹1,388₹1,463
10 Jul 2026₹1,620₹1,451₹1,476
24 Jul 2026₹1,519₹1,487₹1,484
7 Aug 2026₹1,505₹1,500₹1,488
21 Aug 2026₹1,589₹1,529₹1,498
4 Sep 2026₹1,719₹1,575₹1,513
18 Sep 2026₹1,829₹1,627₹1,533
28 Sep 2026₹1,655₹1,662₹1,548
9 Oct 2026₹1,752₹1,695₹1,566
23 Oct 2026₹1,648₹1,716₹1,584
5 Nov 2026₹1,754₹1,702₹1,591
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

Price stage: Falling from Oct 2025 to Aug 2026; Rising from Aug 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Feb 2025; Falling from Feb 2025 to Aug 2026; Rising from Aug 2026 to Oct 2026.

Price stage: Falling from Nov 2021 to Mar 2022; Sideways from Apr 2022 to Jun 2022; Rising from Jun 2022 to Feb 2025; Falling from Mar 2025 to Aug 2026; Rising from Aug 2026 to Oct 2026.

Week by week since 2021: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 188 of 266 weeks

Week by week since 2021: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
13 Aug 2021no NIFTY 500 reading
20 Aug 2021no NIFTY 500 reading
27 Aug 2021no NIFTY 500 reading
2 Sep 2021no NIFTY 500 reading
9 Sep 2021no NIFTY 500 reading
17 Sep 2021no NIFTY 500 reading
24 Sep 2021no NIFTY 500 reading
1 Oct 2021no NIFTY 500 reading
8 Oct 2021no NIFTY 500 reading
14 Oct 2021no NIFTY 500 reading
21 Oct 2021no NIFTY 500 reading
28 Oct 2021no NIFTY 500 reading
2 Nov 2021no NIFTY 500 reading
12 Nov 2021−12.8%
18 Nov 2021−21.3%
26 Nov 2021−15.2%
3 Dec 2021−13.7%
9 Dec 2021−15.0%
17 Dec 2021+7.4%
22 Dec 2021−0.2%
31 Dec 2021−1.7%
6 Jan 2022−0.7%
14 Jan 2022+2.2%
18 Jan 2022+0.3%
28 Jan 2022+8.3%
4 Feb 2022+10.6%
11 Feb 2022+11.9%
17 Feb 2022+21.1%
24 Feb 2022+18.3%
8 Mar 2022+26.5%
15 Mar 2022+18.4%
24 Mar 2022−7.7%
1 Apr 2022+9.3%
6 Apr 2022+9.9%
22 Apr 2022+15.2%
29 Apr 2022+16.6%
6 May 2022+11.5%
13 May 2022+9.2%
20 May 2022+25.0%
27 May 2022+9.6%
3 Jun 2022+16.0%
10 Jun 2022+31.4%
17 Jun 2022+18.6%
24 Jun 2022+21.5%
30 Jun 2022+19.9%
8 Jul 2022+18.0%
14 Jul 2022+17.8%
22 Jul 2022+15.5%
28 Jul 2022+13.2%
5 Aug 2022+19.4%
12 Aug 2022+35.2%
19 Aug 2022+21.8%
26 Aug 2022+35.7%
2 Sep 2022+29.2%
9 Sep 2022+25.1%
16 Sep 2022+31.1%
23 Sep 2022+40.1%
30 Sep 2022+30.3%
7 Oct 2022+25.9%
14 Oct 2022+29.7%
18 Oct 2022+24.0%
28 Oct 2022+20.8%
2 Nov 2022+16.1%
11 Nov 2022+0.4%
18 Nov 2022−10.9%
25 Nov 2022−9.1%
2 Dec 2022+3.1%
7 Dec 2022+1.2%
16 Dec 2022+0.5%
23 Dec 2022+1.8%
30 Dec 2022+98.2%
6 Jan 2023+135.8%
13 Jan 2023+185.3%
20 Jan 2023+194.1%
27 Jan 2023+225.2%
2 Feb 2023+195.6%
10 Feb 2023+188.4%
17 Feb 2023+180.8%
24 Feb 2023+212.0%
3 Mar 2023+209.8%
10 Mar 2023+214.8%
17 Mar 2023+257.7%
24 Mar 2023+260.9%
31 Mar 2023+150.5%
6 Apr 2023+110.0%
12 Apr 2023+82.4%
21 Apr 2023+77.1%
28 Apr 2023+61.1%
5 May 2023+102.5%
12 May 2023+116.0%
19 May 2023+136.4%
26 May 2023+63.7%
2 Jun 2023+69.7%
9 Jun 2023+70.7%
16 Jun 2023+68.1%
23 Jun 2023+64.8%
30 Jun 2023+38.8%
7 Jul 2023+34.5%
14 Jul 2023+7.2%
21 Jul 2023+23.2%
28 Jul 2023+59.4%
4 Aug 2023+74.3%
11 Aug 2023+90.7%
18 Aug 2023+97.8%
25 Aug 2023+120.7%
1 Sep 2023+92.5%
8 Sep 2023+73.2%
15 Sep 2023+57.4%
22 Sep 2023+58.7%
29 Sep 2023+57.8%
6 Oct 2023+67.1%
13 Oct 2023+138.5%
20 Oct 2023+102.4%
27 Oct 2023+91.1%
3 Nov 2023+56.5%
12 Nov 2023+46.6%
17 Nov 2023+60.5%
24 Nov 2023+58.5%
1 Dec 2023+46.5%
8 Dec 2023+63.5%
15 Dec 2023+59.9%
22 Dec 2023+51.5%
29 Dec 2023+72.0%
5 Jan 2024+62.3%
12 Jan 2024+18.8%
20 Jan 2024+35.3%
25 Jan 2024+14.4%
2 Feb 2024+30.6%
9 Feb 2024+65.5%
16 Feb 2024+66.6%
23 Feb 2024+51.0%
2 Mar 2024+77.8%
7 Mar 2024+64.1%
15 Mar 2024+43.1%
22 Mar 2024+44.7%
28 Mar 2024+33.4%
5 Apr 2024+42.1%
12 Apr 2024+49.9%
19 Apr 2024+41.7%
26 Apr 2024+72.4%
3 May 2024+62.1%
10 May 2024+3.7%
18 May 2024−10.5%
24 May 2024+11.8%
31 May 2024−4.3%
7 Jun 2024+5.5%
14 Jun 2024+40.0%
21 Jun 2024+37.5%
28 Jun 2024+31.4%
5 Jul 2024+35.1%
12 Jul 2024+45.4%
19 Jul 2024+55.3%
26 Jul 2024+56.5%
2 Aug 2024+56.7%
9 Aug 2024+109.0%
16 Aug 2024+117.0%
23 Aug 2024+113.4%
30 Aug 2024+136.7%
6 Sep 2024+125.6%
13 Sep 2024+80.6%
20 Sep 2024+42.5%
27 Sep 2024+72.3%
4 Oct 2024+42.9%
11 Oct 2024+23.3%
18 Oct 2024+39.0%
25 Oct 2024+10.1%
1 Nov 2024+15.0%
8 Nov 2024+17.5%
14 Nov 2024+2.3%
22 Nov 2024−1.5%
29 Nov 2024−7.4%
6 Dec 2024−14.2%
13 Dec 2024−4.8%
20 Dec 2024+23.6%
27 Dec 2024+0.8%
3 Jan 2025+4.0%
10 Jan 2025+10.8%
17 Jan 2025−3.3%
24 Jan 2025−7.2%
1 Feb 2025−21.5%
7 Feb 2025−26.9%
14 Feb 2025−32.0%
21 Feb 2025−31.7%
28 Feb 2025−31.0%
7 Mar 2025−30.0%
13 Mar 2025−34.6%
21 Mar 2025−15.0%
28 Mar 2025−6.1%
4 Apr 2025−6.9%
11 Apr 2025−8.3%
17 Apr 2025−12.7%
25 Apr 2025−12.8%
2 May 2025−0.7%
9 May 2025−22.8%
16 May 2025+2.3%
23 May 2025+2.6%
30 May 2025+11.1%
6 Jun 2025+13.1%
13 Jun 2025+21.2%
20 Jun 2025−23.1%
27 Jun 2025−26.8%
4 Jul 2025−20.7%
11 Jul 2025−20.3%
18 Jul 2025−22.7%
25 Jul 2025−20.7%
1 Aug 2025−4.2%
8 Aug 2025+7.9%
14 Aug 2025+10.9%
22 Aug 2025+16.5%
29 Aug 2025+1.1%
5 Sep 2025+0.2%
12 Sep 2025−4.3%
19 Sep 2025+5.2%
26 Sep 2025−2.0%
3 Oct 2025+0.0%
10 Oct 2025−5.0%
17 Oct 2025−1.9%
24 Oct 2025+0.3%
31 Oct 2025−22.2%
7 Nov 2025−21.6%
14 Nov 2025−24.4%
21 Nov 2025−36.9%
28 Nov 2025−26.4%
5 Dec 2025−31.1%
12 Dec 2025−30.4%
19 Dec 2025−34.6%
26 Dec 2025−33.4%
2 Jan 2026−33.8%
9 Jan 2026−26.7%
16 Jan 2026−22.2%
23 Jan 2026−28.4%
1 Feb 2026−34.4%
6 Feb 2026−27.4%
13 Feb 2026−34.5%
20 Feb 2026−21.7%
27 Feb 2026−23.8%
6 Mar 2026−24.7%
13 Mar 2026−31.9%
20 Mar 2026−11.5%
27 Mar 2026−8.2%
2 Apr 2026−12.1%
10 Apr 2026−7.2%
17 Apr 2026−9.5%
24 Apr 2026−5.4%
30 Apr 2026+0.8%
8 May 2026+2.3%
15 May 2026−5.5%
22 May 2026−12.8%
29 May 2026−2.2%
4 Jun 2026+35.4%
5 Jun 2026+59.5%
9 Jun 2026+37.0%
10 Jun 2026+45.6%
12 Jun 2026+43.8%
17 Jun 2026+27.9%
19 Jun 2026+22.7%
24 Jun 2026+33.4%
25 Jun 2026+33.0%
1 Jul 2026+26.9%
3 Jul 2026+62.5%
10 Jul 2026+55.4%
17 Jul 2026+33.8%
24 Jul 2026+4.3%
31 Jul 2026+1.3%
7 Aug 2026−9.2%
14 Aug 2026−8.3%
21 Aug 2026−7.7%
28 Aug 2026+3.1%
4 Sep 2026+8.9%
11 Sep 2026+4.5%
18 Sep 2026+16.6%
25 Sep 2026+13.8%
28 Sep 2026+1.1%
1 Oct 2026+15.4%
9 Oct 2026+17.2%
16 Oct 2026+24.2%
23 Oct 2026+16.7%
30 Oct 2026+13.9%
5 Nov 2026+17.7%
Each bar is one week, from 2021 to now (266 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 5.2 years the share price moved +6,823% while the NIFTY 500 moved +55%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Network People Services Technologies this quarter?

Two changes stood out: number of shareholders up 107% in a year and operating margin down 4 points on a year earlier.

  1. Number of shareholders up 107% in a year

    13,384 shareholders in the September 2026 quarter, against 6,471 a year earlier.

  2. Operating margin down 4 points on a year earlier

    25% in the June 2026 quarter, from 29%.

    Why: The company said the margin drop came from the mix of domestic, global and RegTech business. Higher-margin global and RegTech work was not yet enough to lift profit.

    From the earnings call on 12 Aug 2026.

What are Network People Services Technologies' latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Network People Services Technologies reported revenue of ₹56.0 crore, up 64.7% from ₹34.0 crore a year earlier, and a profit of ₹11.0 crore, up 57.1% from ₹7.00 crore.

Network People Services Technologies results: April to June 2026 against a year earlier

Network People Services Technologies results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹56.0 crore₹34.0 crore+64.7%
Profit₹11.0 crore₹7.00 crore+57.1%
Earnings per share₹5.30₹3.71+42.9%
Operating margin25.0%29.0%−4.0 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Network People Services Technologies' management discussed these results on a call held on 12 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

What is the Network People Services Technologies share price history?

Network People Services Technologies closed at ₹1,753.50 on 5 November 2026, down 0.9% from ₹1,770.00 a year earlier (7 November 2025) and up 7,634.9% over five years. Its highest weekly close since August 2021 was ₹3,431.90 on 6 September 2024.

Network People Services Technologies share price: then and now

Network People Services Technologies share price: then and now
WhenCloseChange to 5 Nov 2026
1 week ago · 30 Oct 2026₹1,600.00+9.6%
1 month ago · 9 Oct 2026₹1,752.20+0.1%
6 months ago · 8 May 2026₹1,244.30+40.9%
1 year ago · 7 Nov 2025₹1,770.00−0.9%
3 years ago · 3 Nov 2023₹663.63+164.2%
5 years ago · 2 Nov 2021₹22.67+7,634.9%
Earliest weekly close in our records · 13 Aug 2021₹25.33+6,822.6%
Highest weekly close since August 2021 · 6 Sep 2024₹3,431.90−48.9%
Lowest weekly close since August 2021 · 26 Nov 2021₹20.42+8,487.2%
52-week high (weekly close) · 16 Oct 2026₹1,843.60−4.9%
52-week low (weekly close) · 13 Mar 2026₹890.60+96.9%

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

279 weekly closes from 13 August 2021 to 5 November 2026.

What is the latest news on Network People Services Technologies?

5 Nov 2026: Network People Services Technologies closed at ₹1,753.50, up 9.6% on the week and up 0.1% on the month. Our read, 10 Oct 2026: International implementations and bank subscriptions offer a path beyond domestic payment commoditization, but collections and operating profit must validate the revenue recovery.

Earlier

  • 18 Sep 2026: ex-date for a dividend of ₹2 a share.
  • 12 Aug 2026: Network People Services Technologies held its results call for April to June 2026. Management guided: FY27 revenue ₹320-340 crore at 60-70% growth; 60-70% on a year earlier yearly growth planned over the next 2-3 years, with FY29 revenue tentatively ₹850-900 crore.
  • Results for April to June 2026: Revenue up 64.7% and profit up 57.1% on a year earlier.

Our read of the business

April to June 2026: International revenue begins, but profitability expectations fall.

Our read after the April to June 2026 results, written 10 October 2026.

What dividend does Network People Services Technologies pay?

Network People Services Technologies paid ₹2 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.11% at the ₹1,753.50 close on 5 November 2026. The last was a dividend of ₹2 a share, ex-date 18 September 2026.

Network People Services Technologies dividends since 1 April 2021

Network People Services Technologies dividends since 1 April 2021
Ex-dateDividend per shareType
18 Sep 2026Dividend₹2Dividend
12 Sep 2025Dividend₹2Dividend

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

1 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Network People Services Technologies Ltd paid out 10% of its profit as dividends in FY26, and it paid a dividend in 1 of its last 9 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What did Network People Services Technologies management say on the latest results call?

On the call for April to June 2026, held on 12 August 2026, Network People Services Technologies' management guided: FY27 revenue ₹320-340 crore at 60-70% growth; 60-70% on a year earlier yearly growth planned over the next 2-3 years, with FY29 revenue tentatively ₹850-900 crore.

“We will not wait until next year. We will not deploy the entire fund immediately, but we will start seeing deployment over the next 2 quarters.”Deepak Chand Thakur, on the call for April to June 2026

What management guided

  • FY27 operating margin around 30%; profit margin to improve toward approximately 20% by year-end.
  • International revenue mix around 30% or more by FY28-FY29; consolidated operating margin approximately 35% or higher over the next 2 years.
  • PPaaS contribution projected at about 5% pending MDR clarity; domestic TSP growth to continue while its share declines.
  • RegTech subscription launch for small and mid-sized banks planned.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 12 August 2026.

What is the future of Network People Services Technologies? What is changing in the business?

What is changing at Network People Services Technologies, from the latest results and calls: international implementations, regtech commercialization and bank subscription tenancy.

  • International implementations. A converted global account moves international expansion from discussion into revenue. ✓ fact
  • RegTech commercialization. Customer wins create a cross-sales route for fraud and risk intelligence. ✓ fact
  • Bank subscription tenancy. More tenants can spread platform costs, provided subscriptions replace delivery-intensive work. ✓ fact
  • AI delivery efficiency. Process automation could reduce incremental employee expense, but savings remain unquantified. ✓ fact

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the April to June 2026 results, written 10 October 2026.

What could change the Network People Services Technologies story? What are the risks?

The thesis breaks if the next annual results still show negative operating cash flow and a prolonged debtor cycle while international and subscription execution fail to improve operating margins.

Each change stops working if

  • International implementations: International implementations stall or require enough delivery expense to eliminate the expected margin premium.
  • Bank subscription tenancy: Tenant additions require proportional support and customization expense or recurring customers fail to renew.
  • AI delivery efficiency: Development capitalization or implementation headcount absorbs the apparent productivity savings.

The main risks

  • Receivables-funded growth: Revenue expansion has consumed cash through extended customer credit. ⚠ estimate
  • Margin transition and platform monetization: The lower-margin TSP pivot has not yet produced consolidated margin recovery. ⚠ estimate
  • Non-operating earnings contribution: Recent profit growth includes income whose economic origin is undisclosed. ⚠ estimate
  • Guidance revisions and deal timing: Missed timing promises and lower goals limit reliance on the growth framework. ⚠ estimate

Our read after the April to June 2026 results, written 10 October 2026.

What to watch in Network People Services Technologies' next results?

When Network People Services Technologies reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: International revenue contribution and contract conversion - check whether implementation produces sustained mix improvement.

Network People Services Technologies: what to watch next quarter
What to check (from the call)
International revenue contribution and contract conversion - check whether implementation produces sustained mix improvement.
Operating margin recovery - check whether global and RegTech milestones lift profitability toward the annual framework.
Formal MDR guidance from regulators, banks and NPCI - check for PPaaS reactivation or quantified economics.
Preferential-fund deployment - check for disclosed spending on RegTech, AI, payment infrastructure or international access.

Which stock lists is Network People Services Technologies on?

Network People Services Technologies is on 2 of our India lists: Momentum stocks and IT stocks.

Is Network People Services Technologies profitable?

Network People Services Technologies Ltd earned ₹11.0 Cr of net profit in the Jun 2026 quarter, +57.1% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹41.0 Cr. Over 8 years profit has grown 59.1% a year on average. That is 19.6% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹7.0 Cr.

For the full year, FY26 profit was ₹41.0 Cr (−8.9% on the year before).

FY26 profit ₹41.0 Cr (−8.9% on the year before), 59.1% a year over 8 years

  • Net profit ₹41.0
FY26 profit ₹41.0 Cr (−8.9% on the year before), 59.1% a year over 8 years
QuarterNet profit
FY18₹1
FY19₹1
FY20₹1
FY21₹1
FY22₹2
FY23₹7
FY24₹27
FY25₹45
FY26₹41

Growth on a year earlier

  • Growth on a year earlier −8.9%
Growth on a year earlier
QuarterGrowth on a year earlier
FY18–
FY190%
FY200%
FY210%
FY22100%
FY23250%
FY24285.7%
FY2566.7%
FY26−8.9%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 9-year window. A grey bar is lower than the year before.

Jun 2026: ₹11.0 Cr (+57.1% on a year earlier), the 3rd quarter in a row of growth

  • Net profit (quarterly) ₹11.0
Jun 2026: ₹11.0 Cr (+57.1% on a year earlier), the 3rd quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2023₹5
Dec 2023₹7
Mar 2024₹10
Jun 2024₹16
Sep 2024₹18
Dec 2024₹5
Mar 2025₹5
Jun 2025₹7
Sep 2025₹10
Dec 2025₹12
Mar 2026₹12
Jun 2026₹11

Growth on a year earlier

  • Growth on a year earlier 57.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023400%
Dec 2023250%
Mar 2024150%
Jun 2024220%
Sep 2024260%
Dec 2024−28.6%
Mar 2025−50%
Jun 2025−56.3%
Sep 2025−44.4%
Dec 2025140%
Mar 2026140%
Jun 202657.1%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +64.7% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +73.2% and revenue +81.4%. Profit is growing slower than sales: rising costs are taking part of the growth.

FY27-Q1. International revenue begins, but profitability expectations fall

Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters.

How much revenue does Network People Services Technologies make, and is it growing?

Network People Services Technologies Ltd reported ₹56.0 Cr of revenue in the Jun 2026 quarter, +64.7% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 8 years it has grown 34.7% a year on average. The last full year, FY26, came in at ₹195 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹218 Cr.

FY26 revenue was ₹195 Cr, +12.7% on the year before.

FY26 revenue ₹195 Cr (+12.7% on the year before), 34.7% a year over 8 years

  • Revenue ₹195
FY26 revenue ₹195 Cr (+12.7% on the year before), 34.7% a year over 8 years
QuarterRevenue
FY18₹18
FY19₹18
FY20₹15
FY21₹15
FY22₹19
FY23₹41
FY24₹128
FY25₹173
FY26₹195

Growth on a year earlier

  • Growth on a year earlier 12.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY18–
FY190%
FY20−16.7%
FY210%
FY2226.7%
FY23115.8%
FY24212.2%
FY2535.2%
FY2612.7%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 9-year window. A grey bar is lower than the year before.

Jun 2026: ₹56.0 Cr (+64.7% on a year earlier), the 3rd quarter in a row of growth

  • Revenue (quarterly) ₹56.0
Jun 2026: ₹56.0 Cr (+64.7% on a year earlier), the 3rd quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹28
Dec 2023₹31
Mar 2024₹44
Jun 2024₹59
Sep 2024₹67
Dec 2024₹21
Mar 2025₹26
Jun 2025₹34
Sep 2025₹47
Dec 2025₹53
Mar 2026₹62
Jun 2026₹56

Growth on a year earlier

  • Growth on a year earlier 64.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023366.7%
Dec 2023210%
Mar 2024109.5%
Jun 2024145.8%
Sep 2024139.3%
Dec 2024−32.3%
Mar 2025−40.9%
Jun 2025−42.4%
Sep 2025−29.9%
Dec 2025152.4%
Mar 2026138.5%
Jun 202664.7%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +81.4% on average, against 34.7% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +47.3%, against +16.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +28.6%, against +8.8% a year (accelerating).

FY27-Q1. International revenue begins, but profitability expectations fall

Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters.

How much of every ₹100 of sales does Network People Services Technologies keep?

Network People Services Technologies Ltd's operating margin was 25.0% in the Jun 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 9 years it has been between 14.0% and 35.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. Product Mix Change is the mechanism: a shared platform can serve additional banks without repeating a full custom implementation. The existing tenant base is delivered; the larger pipeline and margin goals remain prospective. Tenant growth must improve operating profit after hosting, certification, support and acquisition costs.

Why the margin moved: operating margin changed −4.7 percentage points on the year while gross margin changed −17.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY26: 26.0%, within a range of 14.0% to 35.0% over 9 years

  • Operating margin 26.0%
FY26: 26.0%, within a range of 14.0% to 35.0% over 9 years
QuarterOperating margin
FY1814%
FY1917%
FY2015%
FY2119%
FY2218%
FY2330%
FY2434%
FY2535%
FY2626%

Change on the year before (points)

  • Change on the year before (points) −9.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY18–
FY19+3.0 pts
FY20−2.0 pts
FY21+4.0 pts
FY22−1.0 pts
FY23+12.0 pts
FY24+4.0 pts
FY25+1.0 pts
FY26−9.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 9-year window.

Jun 2026: operating margin 25.0% (−4.0 points on a year earlier)

  • Operating margin 25.0%
Jun 2026: operating margin 25.0% (−4.0 points on a year earlier)
QuarterOperating margin
Sep 202332%
Dec 202333%
Mar 202434%
Jun 202435%
Sep 202435%
Dec 202431%
Mar 202533%
Jun 202529%
Sep 202529%
Dec 202527%
Mar 202621%
Jun 202625%

Change on a year earlier (points)

  • Change on a year earlier (points) −4.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 20230.0 pts
Mar 2024+3.0 pts
Jun 2024+4.0 pts
Sep 2024+3.0 pts
Dec 2024−2.0 pts
Mar 2025−1.0 pts
Jun 2025−6.0 pts
Sep 2025−6.0 pts
Dec 2025−4.0 pts
Mar 2026−12.0 pts
Jun 2026−4.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

FY27-Q1. International revenue begins, but profitability expectations fall

Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters.

Watch next

Metric
Bank subscription tenancy
Threshold
Tenant additions require proportional support and customization expense or recurring customers fail to renew.
Which result
the next result

Is Network People Services Technologies' profit turning into cash?

Over the last 3 years, 31% of Network People Services Technologies Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 its operations used ₹45.0 Cr of cash, against ₹41.0 Cr of profit. After ₹50.0 Cr of spending on assets, free cash was −₹95.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash −₹45.0 Cr against profit ₹41.0 Cr; 31% of 3 years' profit came in as cash

  • Operating cash −₹45.0
  • Net profit ₹41.0
  • Free cash −₹95
FY26: operating cash −₹45.0 Cr against profit ₹41.0 Cr; 31% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY18₹2₹1–
FY19₹1₹1₹0
FY20₹3₹1−₹1
FY21₹2₹1−₹1
FY22−₹7₹2−₹12
FY23₹24₹7₹17
FY24₹51₹27₹45
FY25₹29₹45₹17
FY26−₹45₹41−₹95
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 9-year window, yearly figures.

FY26: operating cash was −110% of profit (31% over three years)

  • Operating cash as % of profit −110%
  • Break-even line 100%
FY26: operating cash was −110% of profit (31% over three years)
QuarterOperating cash as % of profitBreak-even line
FY18200%100%
FY19100%100%
FY20300%100%
FY21200%100%
FY22−350%100%
FY23300%100%
FY24189%100%
FY2564%100%
FY26−110%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 31% of profit came in as cash: the cash cycle got 20 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 20 days longer. The next section looks at where the cash is stuck.

Where does Network People Services Technologies' cash go?

Network People Services Technologies Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 195 days in FY26, up from 175 days in FY21. It spent ₹68.0 Cr on assets over the last 3 years. Customers take 195 days to pay, and stock sits for 4 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Why this happened. The Geographic TAM Expansion now has an initial delivered outcome. The next contribution depends on customer implementation milestones, not simply signed pipeline. Management expects higher margins internationally, but project completion, local customization and competitive pricing can absorb that benefit. The existing contribution must be separated from further pipeline conversion before forecasting incremental profit.

At FY26 sales of ₹195 Cr, each day of that cycle ties up about ₹0.5 Cr, so roughly ₹104 Cr is tied up in the business at any time.

FY26: customers took 195 days to pay and stock sat for 4 days, about 0.1 months of sales sitting as stock, for a full cycle of 195 days, longer than FY21's 175.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 4 days. Customers pay about 195 days after that. Suppliers are paid at 153 days. Together that makes the 195-day cycle.

FY26: a 195-day cash cycle, +20 days compared with FY21

  • Cash cycle 195d
  • Inventory days 4d
  • Debtor days 195d
  • Payable days 153d
FY26: a 195-day cash cycle, +20 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY1857d–57d–
FY1951d–51d–
FY2052d–52d–
FY21175d–175d–
FY2295d–95d–
FY238d–8d–
FY243d–3d–
FY2567d–67d–
FY26195d4d195d153d
Debtor days, inventory days, payable days and the full cash cycle, each year. 9-year window.

Spending on assets: ₹68.0 Cr over the last 3 years, against ₹26.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹25.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹50.0 Cr, work in progress ₹25.0 Cr, a build-out

  • Capex ₹50.0
  • Work-in-progress ₹25.0
FY26: capex ₹50.0 Cr, work in progress ₹25.0 Cr, a build-out
QuarterCapexWork-in-progress
FY19₹1₹2
FY20₹4₹3
FY21₹3₹4
FY22₹5₹6
FY23₹7₹4
FY24₹6₹0
FY25₹12₹1
FY26₹50₹25
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Watch next

Metric
International implementations
Threshold
International implementations stall or require enough delivery expense to eliminate the expected margin premium.
Which result
the next result

What is Network People Services Technologies' P/E ratio, and how does it compare with its own history?

Network People Services Technologies Ltd's P/E is 81.9×, in the middle of its own history: higher than 51% of past readings. Its usual P/E (the middle reading) is 81.5×, over 5.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 81.9× against a usual 81.5×: in the middle of its own history: higher than 51% of past readings

  • P/E 81.9×
  • Median 81.5×
P/E 81.9× against a usual 81.5×: in the middle of its own history: higher than 51% of past readings
WeekP/EMedian
13 Aug 202145.5×81.5×
27 Aug 202142.5×81.5×
9 Sep 202143.7×81.5×
24 Sep 202142.8×81.5×
8 Oct 202142.9×81.5×
21 Oct 202144.2×81.5×
2 Nov 202140.7×81.5×
18 Nov 202139.2×81.5×
3 Dec 202137.7×81.5×
17 Dec 202144.5×81.5×
31 Dec 202143.7×81.5×
14 Jan 202243.1×81.5×
28 Jan 202244.9×81.5×
11 Feb 202247.4×81.5×
24 Feb 202241.9×81.5×
15 Mar 202243.1×81.5×
1 Apr 202247.3×81.5×
22 Apr 202246.7×81.5×
6 May 202244.4×81.5×
20 May 202250.5×81.5×
3 Jun 202237.1×81.5×
17 Jun 202236.2×81.5×
30 Jun 202233.6×81.5×
14 Jul 202237.9×81.5×
28 Jul 202239.7×81.5×
12 Aug 202247.1×81.5×
26 Aug 202251.7×81.5×
9 Sep 202253.8×81.5×
23 Sep 202252.2×81.5×
7 Oct 202249.1×81.5×
18 Oct 202249.1×81.5×
2 Nov 202249.1×81.5×
18 Nov 202238.5×81.5×
2 Dec 202247.9×81.5×
16 Dec 202247.5×81.5×
30 Dec 202282.1×81.5×
13 Jan 2023128.8×81.5×
27 Jan 2023137.9×81.5×
10 Feb 2023118.9×81.5×
24 Feb 2023129.5×81.5×
10 Mar 2023146.8×81.5×
24 Mar 2023171.9×81.5×
6 Apr 2023174.2×81.5×
21 Apr 2023174.2×81.5×
5 May 202367.8×81.5×
19 May 202368.1×81.5×
2 Jun 202368.3×81.5×
16 Jun 202379.7×81.5×
30 Jun 202381.3×81.5×
14 Jul 202374.0×81.5×
28 Jul 202358.2×81.5×
11 Aug 202378.8×81.5×
25 Aug 202376.8×81.5×
8 Sep 202374.2×81.5×
22 Sep 202376.8×81.5×
6 Oct 202380.2×81.5×
20 Oct 202366.2×81.5×
3 Nov 202381.4×81.5×
17 Nov 202395.7×81.5×
1 Dec 202387.3×81.5×
15 Dec 202390.8×81.5×
29 Dec 2023100.0×81.5×
12 Jan 202496.5×81.5×
25 Jan 2024106.1×81.5×
9 Feb 2024118.0×81.5×
23 Feb 2024113.9×81.5×
7 Mar 2024118.7×81.5×
22 Mar 2024103.3×81.5×
5 Apr 2024116.0×81.5×
19 Apr 2024114.3×81.5×
3 May 2024116.8×81.5×
18 May 202497.2×81.5×
31 May 202497.1×81.5×
14 Jun 2024121.4×81.5×
28 Jun 2024117.5×81.5×
12 Jul 2024140.2×81.5×
26 Jul 2024135.6×81.5×
9 Aug 2024153.3×81.5×
23 Aug 2024166.5×81.5×
6 Sep 2024174.2×81.5×
20 Sep 2024128.5×81.5×
4 Oct 2024135.2×81.5×
18 Oct 2024107.3×81.5×
1 Nov 2024120.1×81.5×
14 Nov 2024113.0×81.5×
29 Nov 2024115.7×81.5×
13 Dec 2024110.6×81.5×
27 Dec 2024103.6×81.5×
10 Jan 202595.0×81.5×
24 Jan 202592.3×81.5×
7 Feb 202588.6×81.5×
21 Feb 202569.8×81.5×
7 Mar 202565.6×81.5×
21 Mar 202590.2×81.5×
4 Apr 202585.5×81.5×
17 Apr 202591.0×81.5×
2 May 202590.8×81.5×
16 May 202580.9×81.5×
30 May 202592.7×81.5×
13 Jun 202593.2×81.5×
27 Jun 202588.2×81.5×
11 Jul 202588.2×81.5×
25 Jul 202580.3×81.5×
8 Aug 2025123.9×81.5×
22 Aug 2025136.8×81.5×
5 Sep 2025122.9×81.5×
19 Sep 2025120.4×81.5×
3 Oct 2025117.4×81.5×
17 Oct 2025110.4×81.5×
31 Oct 2025108.4×81.5×
14 Nov 2025138.3×81.5×
28 Nov 2025125.8×81.5×
12 Dec 2025110.5×81.5×
26 Dec 2025102.9×81.5×
9 Jan 2026106.6×81.5×
23 Jan 202698.6×81.5×
6 Feb 202697.6×81.5×
17 Feb 202669.8×81.5×
27 Feb 202672.1×81.5×
13 Mar 202655.0×81.5×
27 Mar 202666.3×81.5×
7 Apr 202666.2×81.5×
17 Apr 202678.7×81.5×
29 Apr 202672.6×81.5×
8 May 202676.8×81.5×
22 May 202663.1×81.5×
4 Jun 202673.0×81.5×
9 Jun 202680.3×81.5×
12 Jun 202684.2×81.5×
19 Jun 202680.4×81.5×
25 Jun 202681.0×81.5×
3 Jul 202689.2×81.5×
17 Jul 202680.8×81.5×
31 Jul 202678.0×81.5×
14 Aug 202674.1×81.5×
28 Aug 202679.5×81.5×
11 Sep 202678.8×81.5×
25 Sep 202683.9×81.5×
1 Oct 202682.5×81.5×
16 Oct 202686.1×81.5×
30 Oct 202674.8×81.5×
5 Nov 202681.9×81.5×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹21
Earnings per share, 12 months
WeekEarnings per share, 12 months
13 Aug 2021–
27 Aug 2021–
9 Sep 2021–
24 Sep 2021₹1
8 Oct 2021₹1
21 Oct 2021₹1
2 Nov 2021₹1
18 Nov 2021₹1
3 Dec 2021₹1
17 Dec 2021₹1
31 Dec 2021₹1
14 Jan 2022₹1
28 Jan 2022₹1
11 Feb 2022₹1
24 Feb 2022₹1
15 Mar 2022₹1
1 Apr 2022₹1
22 Apr 2022₹1
6 May 2022₹1
20 May 2022₹1
3 Jun 2022₹1
17 Jun 2022₹1
30 Jun 2022₹1
14 Jul 2022₹1
28 Jul 2022₹1
12 Aug 2022₹1
26 Aug 2022₹1
9 Sep 2022₹1
23 Sep 2022₹1
7 Oct 2022₹1
18 Oct 2022₹1
2 Nov 2022₹1
18 Nov 2022₹1
2 Dec 2022₹1
16 Dec 2022₹1
30 Dec 2022₹1
13 Jan 2023₹1
27 Jan 2023₹1
10 Feb 2023₹1
24 Feb 2023₹1
10 Mar 2023₹1
24 Mar 2023₹1
6 Apr 2023₹1
21 Apr 2023₹1
5 May 2023₹1
19 May 2023₹1
2 Jun 2023₹1
16 Jun 2023₹1
30 Jun 2023₹3
14 Jul 2023₹3
28 Jul 2023₹3
11 Aug 2023₹3
25 Aug 2023₹3
8 Sep 2023₹3
22 Sep 2023₹6
6 Oct 2023₹6
20 Oct 2023₹6
3 Nov 2023₹6
17 Nov 2023₹6
1 Dec 2023₹6
15 Dec 2023₹6
29 Dec 2023₹8
12 Jan 2024₹8
25 Jan 2024₹8
9 Feb 2024₹8
23 Feb 2024₹8
7 Mar 2024₹8
22 Mar 2024₹11
5 Apr 2024₹11
19 Apr 2024₹11
3 May 2024₹11
18 May 2024₹11
31 May 2024₹11
14 Jun 2024₹11
28 Jun 2024₹14
12 Jul 2024₹14
26 Jul 2024₹14
9 Aug 2024₹14
23 Aug 2024₹14
6 Sep 2024₹14
20 Sep 2024₹19
4 Oct 2024₹19
18 Oct 2024₹19
1 Nov 2024₹19
14 Nov 2024₹19
29 Nov 2024₹19
13 Dec 2024₹19
27 Dec 2024₹26
10 Jan 2025₹26
24 Jan 2025₹26
7 Feb 2025₹26
21 Feb 2025₹26
7 Mar 2025₹26
21 Mar 2025₹26
4 Apr 2025₹25
17 Apr 2025₹25
2 May 2025₹25
16 May 2025₹25
30 May 2025₹25
13 Jun 2025₹25
27 Jun 2025₹23
11 Jul 2025₹23
25 Jul 2025₹23
8 Aug 2025₹23
22 Aug 2025₹23
5 Sep 2025₹23
19 Sep 2025₹17
3 Oct 2025₹17
17 Oct 2025₹17
31 Oct 2025₹17
14 Nov 2025₹17
28 Nov 2025₹17
12 Dec 2025₹17
26 Dec 2025₹13
9 Jan 2026₹13
23 Jan 2026₹13
6 Feb 2026₹13
17 Feb 2026₹13
27 Feb 2026₹13
13 Mar 2026₹13
27 Mar 2026₹16
7 Apr 2026₹16
17 Apr 2026₹16
29 Apr 2026₹16
8 May 2026₹16
22 May 2026₹16
4 Jun 2026₹16
9 Jun 2026₹16
12 Jun 2026₹16
19 Jun 2026₹16
25 Jun 2026₹20
3 Jul 2026₹20
17 Jul 2026₹20
31 Jul 2026₹20
14 Aug 2026₹20
28 Aug 2026₹20
11 Sep 2026₹20
25 Sep 2026₹21
1 Oct 2026₹21
16 Oct 2026₹21
30 Oct 2026₹21
5 Nov 2026₹21
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 5.2 years of history; short peaks above 174× are drawn at the top edge.

PEG 4.64: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 4.64×
  • PEG = 1.0 1.00×
PEG 4.64: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q2 FY240.07×1.00×
Q3 FY240.15×1.00×
Q4 FY240.26×1.00×
Q1 FY250.38×1.00×
Q2 FY250.48×1.00×
Q3 FY250.76×1.00×
Q4 FY251.58×1.00×
Q1 FY274.64×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 8 quarters.
81.9×P/E · higher than 51% of its last 5.2 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −16.0% while the price moved −0.9%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +138.6% a year; about +107.2% a year came from earnings growth and about +31.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Is the Network People Services Technologies business getting better or worse?

Network People Services Technologies Ltd's business is turning around. Profit growth has swung from −30.6% at its low to +28.6%, improving for 2 quarters in a row, with ROCE rising at 21.1%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +12.7% in FY26, profit −8.9%

  • Revenue growth 12.7%
Growth year by year: revenue +12.7% in FY26, profit −8.9%
QuarterRevenue growth
FY18–
FY190%
FY20−16.7%
FY210%
FY2226.7%
FY23115.8%
FY24212.2%
FY2535.2%
FY2612.7%

Profit growth, EPS growth

  • Profit growth −8.9%
  • EPS growth −16%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY18––
FY190%7.7%
FY200%−22.3%
FY210%−8%
FY22100%−3.7%
FY23250%300%
FY24285.7%300%
FY2566.7%68.1%
FY26−8.9%−16%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 47.3%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Sep 2023295.2%
Dec 2023300%
Mar 2024217.5%
Jun 2024165.6%
Sep 2024142.2%
Dec 202483.7%
Mar 202536.2%
Jun 2025−8.6%
Sep 2025−36.3%
Dec 2025−16.2%
Mar 202613.3%
Jun 202647.3%

Profit, EPS

  • Profit 28.6%
  • EPS 16.3%
Profit, EPS
QuarterProfitEPS
Sep 2023300%300%
Dec 2023300%300%
Mar 2024285.7%300%
Jun 2024216.7%223.1%
Sep 2024218.8%218.7%
Dec 2024133.3%138.4%
Mar 202563%65%
Jun 2025−7.9%−4.1%
Sep 2025−47.1%−47%
Dec 2025−30.6%−34.1%
Mar 2026−6.8%−12.9%
Jun 202628.6%16.3%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 21.1%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202361.5%
Dec 202383.1%
Mar 202476.9%
Jun 2024109.9%
Sep 202498.5%
Dec 202495.6%
Mar 202570.2%
Jun 202557.3%
Sep 202514.7%
Dec 202518.1%
Mar 202619.7%
Jun 202621.1%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +47.3%, range −36.3% to +300.0%
RisingProfit growth · latest +28.6%, range −47.1% to +700.0%
RisingEPS growth · latest +16.3%, range −47.0% to +812.5%
RisingROCE · latest 21.1%, range 14.7% to 109.9%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+12.7%+68.2%+67.0%—
Profit−8.9%+80.3%+110.2%—
EPS−16.0%+80.0%+89.6%—
Share price−0.9%+38.2%+138.6%—
+64.7%Revenue growth (Jun 2026) · latest quarter against a year ago
+57.1%Profit growth (Jun 2026) · latest quarter against a year ago
34.7%Revenue, 8 years · yearly growth over the long run

What is the Network People Services Technologies story, and has it been checked?

Network People Services Technologies Ltd's story is not scored yet against the checks our research set on 10 October 2026. Where it sits in its own cycle: TROUGH. Still open: The thesis breaks if the next annual results still show negative operating cash flow and a prolonged debtor cycle while international and subscription execution fail to improve operating margins.

NOT YET CHECKED

Our read, 10 October 2026. International implementations and bank subscriptions offer a path beyond domestic payment commoditization, but collections and operating profit must validate the revenue recovery.

From the price. Price stage 2, week 14, above its 200-day line, relative strength flat.

From the research. International implementations and bank subscriptions offer a path beyond domestic payment commoditization, but collections and operating profit must validate the revenue recovery.

What is proven. International implementations and bank subscriptions offer a path beyond domestic payment commoditization, but collections and operating profit must validate the revenue recovery.

What is not proven yet. The thesis breaks if the next annual results still show negative operating cash flow and a prolonged debtor cycle while international and subscription execution fail to improve operating margins.

What would change our mind. The thesis breaks if the next annual results still show negative operating cash flow and a prolonged debtor cycle while international and subscription execution fail to improve operating margins.

The test written in advance. The thesis breaks if the next annual results still show negative operating cash flow and a prolonged debtor cycle while international and subscription execution fail to improve operating margins. Measured by: the thesis as written as stated by the next result.

The test written in advance. Receivables-funded growth. Measured by: Receivables-funded growth Negative annual operating cash flow alongside debtor days remaining above the stated normalization objective. by the next result.

The test written in advance. Margin transition and platform monetization. Measured by: Margin transition and platform monetization Operating margins decline again despite revenue growth, or new segments fail to offset domestic platform contraction. by the next result.

What the company does. International revenue has begun and RegTech has customer wins, giving the diversification plan operating evidence beyond a pipeline. Reported profit growth overstates the operating improvement because margins remain below earlier levels and non-operating income contributes to recent earnings.

The key numbers to watch, and the level that would change the picture

The key numbers to watch, and the level that would change the picture
MeasureWhy it mattersWhat to watch
International implementationsA converted global account moves international expansion from discussion into revenue.International implementations stall or require enough delivery expense to eliminate the expected margin premium.
RegTech commercializationCustomer wins create a cross-sales route for fraud and risk intelligence.Initial deployments fail to convert into recurring paid contracts or competing products erase the expected pricing premium.
Bank subscription tenancyMore tenants can spread platform costs, provided subscriptions replace delivery-intensive work.Tenant additions require proportional support and customization expense or recurring customers fail to renew.
AI delivery efficiencyProcess automation could reduce incremental employee expense, but savings remain unquantified.Development capitalization or implementation headcount absorbs the apparent productivity savings.

Everything further down this page is evidence for or against these.

The numbersresults at a lowFY26-Q2 to FY27-Q1
The pricerising, above the 200-day averageFY26-Q2 to FY27-Q1
The whymultiple below its usual level, earnings risingFY26-Q2 to FY27-Q1

FY26-Q2FY27-Q1

What the surface reading misses. The surface reading is: Revenue and profit suggest a continuing recovery. The research reads it further: Operating profit after depreciation is constrained by higher depreciation; revenue growth does not flow proportionately into operating earnings.

What the surface reading misses. The surface reading is: Revenue growth and PAT growth imply accelerating profit delivery. The research reads it further: Lower operating margins and higher depreciation reduce the operating earnings benefit; other income fills part of the gap.

  • 1 · Operating leveragequiet
  • 2 · Value-added mixquiet
  • 3 · Management changequiet
  • 4 · Paying down debtquiet
  • 5 · Regulatory approvalquiet
  • 6 · Order-book winsquiet
  • 7 · Consolidationquiet
  • 8 · Demerger or value unlockquiet
  • 9 · Buybackquiet
  • 10 · New geographiesbuilding
  • 11 · More business from existing customersbuilding
  • 12 · New product launchquiet
  • 13 · Mandatory normsquiet
  • 14 · A bigger market to servequiet
  • 15 · Market-share gainsquiet
  • 16 · Asset qualityquiet

Lever 10 · New geographies: building. A converted global account moves international expansion from discussion into revenue. What proves it keeps working: International implementations. It stops working if International implementations stall or require enough delivery expense to eliminate the expected margin premium.

Lever 11 · More business from existing customers: building. Customer wins create a cross-sales route for fraud and risk intelligence. What proves it keeps working: RegTech commercialization. It stops working if Initial deployments fail to convert into recurring paid contracts or competing products erase the expected pricing premium.

Sources: our stock research file (10 October 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.

The whole page in one table. Each row links to its section.

The whole page in one table. Each row links to its section.
SectionWhere it is nowThe one thing to watch next
Capexsee the sectionInternational implementations
Margin25%Bank subscription tenancy

Did Network People Services Technologies management deliver what it promised?

What Network People Services Technologies Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met.

FY27 Revenue Growth Goal Lowered · 12 August 2026. In May 2026, management planned 70% growth for FY27. In Aug 2026, it recast the goal as 60-70% growth while stating that the guidance was unchanged, without explaining the lower floor.

FY29 Revenue Milestone Appears Pulled Forward · 12 August 2026. The May 2026 call placed the INR 850-900 crore revenue goal at the end of FY29. The Aug 2026 call placed the same goal at next year, which would materially accelerate the milestone by roughly two years without explanation.

PAT Margin Recovery Goal Reduced · 12 August 2026. In May 2026, management indicated that PAT margins would return to the prior 25% level during the financial year. In Aug 2026, after Q1 PAT margins were described as 17-18%, management endorsed recovery only to approximately 20% by year-end, a material reduction without explanation.

Material Deterioration in Expected Debtor Days · 29 May 2026. In the Nov 2025 call, management guided that the working capital cycle following their shift to the TSP business would settle down, explicitly stating their receivable cycle was only 60 to 90 days. However, in the May 2026 call, management accepted a dramatically worsened baseline, agreeing with an analyst that the cycle is now expected to stabilize around 180 days going forward.

Every quote above is taken word for word from the company’s own earnings calls.

How much does Network People Services Technologies earn on its capital?

Network People Services Technologies Ltd earned a ROCE of 20% in FY26. That is up from a low of 14% in FY22. Its return on capital used (ROIC) is 10.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 21.0% net margin and 0.38× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 21.0% net margin × 0.38× asset turnover × 1.15× leverage (assets divided by equity) ≈ 9.2% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 22.6% − 12.0% = +10.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 22.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 37.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 20%, the climb back from FY22's 14%

  • ROCE 20%
  • ROIC (annual) 37.2%
  • Cost of capital 12%
FY26: ROCE 20%, the climb back from FY22's 14%
QuarterROCEROIC (annual)Cost of capital
FY1948%–12%
FY2028%–12%
FY2123%–12%
FY2214%13.1%12%
FY2335%55.9%12%
FY2480%–12%
FY2569%203.3%12%
FY2620%37.2%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 8-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 9.3% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 9.3%
  • ROIC (12 months) 66.9%
  • Cost of capital 12.0%
Q4 FY26: ROCE 9.3% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY2449.4%–12%
Q3 FY24––12%
Q4 FY2454.5%104.5%12%
Q1 FY25––12%
Q2 FY2565%–12%
Q3 FY25––12%
Q4 FY2548.6%–12%
Q1 FY26––12%
Q2 FY267.5%–12%
Q3 FY26––12%
Q4 FY269.3%86.7%12%
Q1 FY27–66.9%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Network People Services Technologies have too much debt?

Network People Services Technologies Ltd has total debt of ₹14.0 Cr against shareholder equity of ₹441 Cr as of Jun 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.00 in FY23 to 0.03 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹14.0 Cr, 0.03× equity

  • Total debt ₹14.0
FY26: debt ₹14.0 Cr, 0.03× equity
QuarterTotal debt
FY23₹0
FY24₹3
FY25₹10
FY26₹14

Debt-to-equity

  • Debt-to-equity 0.03×
Debt-to-equity
QuarterDebt-to-equity
FY230.00×
FY240.05×
FY250.10×
FY260.03×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 4-year window.

Jun 2026: debt ₹14.0 Cr, debt-to-equity 0.03

  • Total debt (quarterly) ₹14.0
Jun 2026: debt ₹14.0 Cr, debt-to-equity 0.03
QuarterTotal debt (quarterly)
Sep 2023₹0
Dec 2023₹0
Mar 2024₹3
Jun 2024₹0
Sep 2024₹0
Dec 2024₹0
Mar 2025₹10
Jun 2025₹10
Sep 2025₹7
Dec 2025₹7
Mar 2026₹14
Jun 2026₹14

Debt-to-equity

  • Debt-to-equity 0.03×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.00×
Dec 20230.00×
Mar 20240.05×
Jun 20240.00×
Sep 20240.00×
Dec 20240.00×
Mar 20250.10×
Jun 20250.10×
Sep 20250.02×
Dec 20250.02×
Mar 20260.03×
Jun 20260.03×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Network People Services Technologies shareholding pattern?

Domestic institutions raised their stake in Network People Services Technologies Ltd by 10.4 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 10.4% of the company. Promoters moved −7.1 points over the same period, to 60.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: +10.4 points over 8 quarters, to 10.4%; Promoters: −7.1 points over 8 quarters, to 60.5%; Foreign institutions: +0.1 points over 8 quarters, to 0.3%.

Why the owners changed: domestic institutions drove it (+10.4 points), with the other side taken by promoters (−7.1 points). They raised their stake step by step.

Year ends: promoters −7.0 points from Mar 2022 to Mar 2026

  • Promoters 60.52%
  • Foreign inst. 0.12%
  • Domestic inst. 10.02%
  • Public 29.34%
Year ends: promoters −7.0 points from Mar 2022 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202267.55%0%9.66%22.78%
Mar 202367.55%0%9.66%22.79%
Mar 202467.55%0.19%0%32.26%
Mar 202567.54%0.03%0.29%32.15%
Mar 202660.52%0.12%10.02%29.34%
Shareholding at each year end (March quarter), % of the company. 5 year ends on file.

Domestic institutions raised their stake by 10.4 points over 8 quarters

  • Promoters 60.48%
  • Foreign inst. 0.32%
  • Domestic inst. 10.4%
  • Public 28.81%
Domestic institutions raised their stake by 10.4 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202267.55%0%9.66%22.78%
Sep 202267.55%0%9.66%22.79%
Mar 202367.55%0%9.66%22.79%
Sep 202367.55%0.02%5.82%26.61%
Mar 202467.55%0.19%0%32.26%
Sep 202467.55%0.06%0.05%32.34%
Mar 202567.54%0.03%0.29%32.15%
Jun 202567.56%0.03%0.58%31.84%
Sep 202560.29%0.11%9.96%29.65%
Dec 202560.27%0.15%9.95%29.63%
Mar 202660.52%0.12%10.02%29.34%
Jun 202660.48%0.08%10.02%29.42%
Sep 202660.48%0.32%10.4%28.81%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Network People Services Technologies from balance-sheet trouble?

For Network People Services Technologies Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Network People Services Technologies rank in its industry?

50.0 out of 100, rank 4 of 9 in IT Product Companies, with 96% of the evidence available.

Network People Services Technologies Ltd scores 50.0 out of 100 against the 9 companies it is compared with in IT Product Companies, ranking 4. Relative strength against the index is 16.4%, and revenue and profit growth are weak.

The four parts add up to the total exactly: 15.3 + 12.8 + 1.9 + 20 = 50. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Network People Services Technologies compared with?

Network People Services Technologies ranks 4 of 9 IT Product Companies companies on the 4-Factor Sector Score, with 50.0 out of 100.

  1. 1Oracle Financial Services Software LtdOFSS · quiet · Most evidence points up · 100% evidence78.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 32.1/35 · Revenue 28.1% · Profit 50.4% · Operating margin change 7 points · 100% evidenceCapital efficiency 22.1/25 · ROCE 45.3% · Operating margin 49% · 100% evidenceValuation 11.5/20 · P/E 24.4× · PEG 0.66 · 100% evidenceRelative strength 12.4/20 · Lead over its industry 19.9% · Lead over NIFTY 500 14.1% · 1 year 17.4% · 100% evidence · 6 of 12 weeks aheadExact sum: 32.1 + 22.1 + 11.5 + 12.4 = 78.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Zaggle Prepaid Ocean Services LtdZAGGLE · quiet · Evidence leans up · 96% evidence52.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.4/35 · Revenue 44.4% · Profit 35% · Operating margin change -2 points · 88% evidenceCapital efficiency 6.9/25 · ROCE 14% · Operating margin 7% · 100% evidenceValuation 19.3/20 · P/E 16× · PEG 0.39 · 100% evidenceRelative strength 3.5/20 · Lead over its industry -30.2% · Lead over NIFTY 500 -33.3% · 1 year -58.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.4 + 6.9 + 19.3 + 3.5 = 52.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Ramco Systems LtdRAMCOSYS · basing · Evidence leans up · 78% evidence50.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.4/35 · Revenue 10.7% · Profit 100% · Operating margin change -8.2 points · 100% evidenceCapital efficiency 14.1/25 · ROCE 19.7% · Operating margin 14.2% · 100% evidenceValuation 7.5/20 · P/E 37.6× · PEG 2.37 · 65% evidenceRelative strength 10.2/20 · Lead over its industry — · Lead over NIFTY 500 -1.5% · 1 year -18.9% · 25% evidence · 5 of 12 weeks aheadExact sum: 18.4 + 14.1 + 7.5 + 10.2 = 50.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Network People Services Technologies Ltd this pageNPST · breaking out · Evidence leans up · 96% evidence50.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.3/35 · Revenue 47.3% · Profit 28.6% · Operating margin change -4 points · 88% evidenceCapital efficiency 12.8/25 · ROCE 19.7% · Operating margin 25% · 100% evidenceValuation 1.9/20 · P/E 81.9× · PEG 7.3 · 100% evidenceRelative strength 20.0/20 · Lead over its industry 22.8% · Lead over NIFTY 500 16.4% · 1 year -13.8% · 100% evidence · 11 of 12 weeks aheadExact sum: 15.3 + 12.8 + 1.9 + 20 = 50 · What this means: Relative strength against the index is 16.4%, and revenue and profit growth are weak.
  5. 5Rategain Travel Technologies LtdRATEGAIN · quiet · Evidence leans down · 96% evidence49.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.9/35 · Revenue 100% · Profit 14.7% · Operating margin change 4 points · 88% evidenceCapital efficiency 8.2/25 · ROCE 13.9% · Operating margin 22% · 100% evidenceValuation 5.8/20 · P/E 36.2× · PEG 3.27 · 100% evidenceRelative strength 12.4/20 · Lead over its industry 22.5% · Lead over NIFTY 500 16.1% · 1 year 25.2% · 100% evidence · 5 of 12 weeks aheadExact sum: 22.9 + 8.2 + 5.8 + 12.4 = 49.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Accelya Solutions India LtdACCELYA · quiet · Evidence leans down · 85% evidence48.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 5.1/35 · Revenue -0.7% · Profit -25.4% · Operating margin change -2 points · 100% evidenceCapital efficiency 20.6/25 · ROCE 49% · Operating margin 34% · 100% evidenceValuation 13.7/20 · P/E 13.8× · PEG 1.85 · 100% evidenceRelative strength 8.7/20 · Lead over its industry — · Lead over NIFTY 500 -17.5% · 1 year -33.2% · 25% evidence · 1 of 12 weeks aheadExact sum: 5.1 + 20.6 + 13.7 + 8.7 = 48.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  7. 7Newgen Software Technologies LtdNEWGEN · quiet · Evidence leans down · 100% evidence46.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.9/35 · Revenue 6.5% · Profit -3% · Operating margin change 0 points · 100% evidenceCapital efficiency 18.5/25 · ROCE 25% · Operating margin 26% · 100% evidenceValuation 7.1/20 · P/E 18.1× · PEG 2.85 · 100% evidenceRelative strength 8.1/20 · Lead over its industry -13.8% · Lead over NIFTY 500 -18.4% · 1 year -54.7% · 100% evidence · 7 of 12 weeks aheadExact sum: 12.9 + 18.5 + 7.1 + 8.1 = 46.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Intellect Design Arena LtdINTELLECT · quiet · Evidence leans down · 100% evidence42.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.7/35 · Revenue 16.9% · Profit -12.4% · Operating margin change 0 points · 100% evidenceCapital efficiency 13.8/25 · ROCE 16% · Operating margin 20% · 100% evidenceValuation 10.7/20 · P/E 19.1× · PEG 2.41 · 100% evidenceRelative strength 2.4/20 · Lead over its industry -27.6% · Lead over NIFTY 500 -31.1% · 1 year -55.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 15.7 + 13.8 + 10.7 + 2.4 = 42.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Nucleus Software Exports LtdNUCLEUS · turning · Most evidence points down · 75% evidence34.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 5.6/35 · Revenue 1.9% · Profit -37.3% · Operating margin change -4 points · 100% evidenceCapital efficiency 9.7/25 · ROCE 16.8% · Operating margin 7% · 100% evidenceValuation 10.5/20 · P/E 15.7× · PEG — · 50% evidenceRelative strength 9.1/20 · Lead over its industry — · Lead over NIFTY 500 -13.8% · 1 year -35.4% · 25% evidence · 0 of 12 weeks aheadExact sum: 5.6 + 9.7 + 10.5 + 9.1 = 34.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: IT Product Companies, all 9 compared on one page.

Which companies are close to Network People Services Technologies in size?

Network People Services Technologies is the 5th largest of 9 IT Product Companies companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Rategain Travel Technologies, Intellect Design Arena and Newgen Software Technologies. Just below it: Zaggle Prepaid Ocean Services, Ramco Systems and Nucleus Software Exports.

IT Product Companies companies close in size

  1. Rategain Travel Technologies Ltd ₹9,472 crore
  2. Intellect Design Arena Ltd ₹7,091 crore
  3. Newgen Software Technologies Ltd ₹6,305 crore
  4. Network People Services Technologies Ltd ₹3,657 crore
  5. Zaggle Prepaid Ocean Services Ltd ₹2,073 crore
  6. Ramco Systems Ltd ₹1,905 crore
  7. Nucleus Software Exports Ltd ₹1,718 crore

All 9 IT Product Companies companies, largest first

Companies close in size in other industries

  1. Network 18 Media & Investments Ltd ₹3,662 crore · Entertainment & Media
  2. Borosil Ltd ₹3,658 crore · Opalware
  3. Network People Services Technologies Ltd ₹3,657 crore
  4. Steamhouse India Ltd ₹3,655 crore
  5. Vishnu Chemicals Ltd ₹3,650 crore · Speciality Chemicals

What else do people ask about Network People Services Technologies?

What were Network People Services Technologies's latest quarterly results?

Network People Services Technologies Ltd reported revenue of ₹56.0 Cr and net profit of ₹11.0 Cr for the Jun 2026 quarter. Revenue rose 64.7% and profit rose 57.1% compared with a year earlier. Earnings per share were ₹5.30 (as of 5 November 2026).

What is Network People Services Technologies's market cap?

Network People Services Technologies Ltd's market capitalisation is ₹3,657 Cr at a share price of ₹1,753.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 5 November 2026).

How is Network People Services Technologies performing?

Network People Services Technologies Ltd's share price has been rising for 14 weeks. In its latest quarter, revenue rose 64.7% and profit rose 57.1% compared with a year earlier.

Over the past 13 weeks it has done better than the NIFTY 500, for 12 weeks running (as of 5 November 2026).

Will Network People Services Technologies's share price go up?

This page does not forecast Network People Services Technologies Ltd's share price. What it shows instead: the share price is ₹1,753.50, and it has been rising for 14 weeks. Its P/E of 81.9× is higher than 51% of its own last 5 years (as of 5 November 2026).

Who owns Network People Services Technologies?

Promoters own 60.5% of Network People Services Technologies Ltd, foreign institutions 0.3%, domestic institutions 10.4% and the public 28.8% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 10.4 percentage points over 8 quarters (as of 5 November 2026).

Where is Network People Services Technologies in its business cycle?

Network People Services Technologies Ltd's FY26 operating margin was 26.0%, against a 9-year range of 14.0% to 35.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 25.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 5 November 2026).

What could break the Network People Services Technologies story?

The main question: profits are rising, but only 31% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 5 November 2026).

Is Network People Services Technologies a stock worth studying right now?

What the numbers show: Network People Services Technologies Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the cash starts to follow the profit.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 5 November 2026).

Is there a Network People Services Technologies share price forecast for 2026?

What management itself guided: FY27 revenue ₹320-340 crore at 60-70% growth; 60-70% on a year earlier yearly growth planned over the next 2-3 years, with FY29 revenue tentatively ₹850-900 crore.

What is changing at Network People Services Technologies, from the latest results and calls: international implementations, regtech commercialization and bank subscription tenancy. What would change the story: The thesis breaks if the next annual results still show negative operating cash flow and a prolonged debtor cycle while international and subscription execution fail to improve operating margins.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 5 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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