NIIT Learning Systems Limited — PPTs, 05-11-2025: Investor Presentation

NIIT Learning Systems released its Q2 FY26 financial results. Revenue climbed to **INR 475.7 Cr**, marking a strong 20% YoY increase, with EBITDA at **INR 96.6 Cr**, up 3% YoY. However, Profit After Tax (PAT) was **INR 47.0 Cr**, down 18% YoY, partly due to strategic acquisition costs. EPS stood at INR 3.4. Net cash settled at **INR 591.7 Cr** after a **INR 178.7 Cr** payment for the MST Group acquisition.

A major strategic move was the acquisition of 100% of the MST Group. This quarter also saw 3 new Managed Training Services (MTS) contracts, 3 renewals, and 1 expansion, boosting future revenue visibility to $409 Mn. AI-enabled revenue now makes up about 10% of total revenue.

Management highlights a cautious global environment where clients are prioritizing cost efficiency and outsourcing. NIIT is leveraging its AI-first offerings to differentiate itself, aiming to deepen client relationships and expand market share amidst these opportunities, despite potential decision delays.