NIIT Learning Systems Limited — Investor Meet, 12-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

NIIT Learning Systems posted Q2 FY26 revenue of ₹475.7 Cr (up 20% YoY, 5% QoQ) and EBITDA of ₹96.6 Cr (margin 20.3%). PAT was ₹47.0 Cr, with EPS at ₹3.43. Cash and equivalents stood at ₹807.9 Cr, with strong revenue visibility at $409 million. Management highlighted resilience despite global volatility, noting 10% AI-enabled revenue and the MST Group acquisition, which added 7 German clients, expanding the MTS client base to 104. Q3 constant currency growth is guided at 2-3% QoQ, with full-year expectations of 12.5-13% YoY growth and 20-21% margins. The company continues its strategic, disproportionate investments in AI and market expansion. Sentiment remains confident on strategic execution and AI's multi-year growth potential.