NIIT Learning Systems Limited — PPTs, 12-05-2026: Investor Presentation

NIIT Learning Systems (NLSL) reported robust Q4 & FY26 financial results, with Q4 revenue up 22% YoY to **525.2 Cr** and PAT soaring 58% YoY to **77.1 Cr**. For the full year FY26, revenue grew 18% to **1,952 Cr**, and PAT increased 9% to **247.7 Cr**. EBITDA margins stood at 19% for Q4 and 20% for FY26.

Growth is driven by strategic focus on AI-enabled learning solutions, which now contribute ~13% of revenue. The company is investing in new capabilities and inorganic expansion, acquiring SFO-based SweetRush Inc and Munich-based MST Group during the year.

NLSL added 5 new annuity clients in Q4, taking the total to 110, with revenue visibility at USD 459 million. This reflects strong customer relationships and scope expansions. The company ended FY26 with a healthy cash position: Cash & Equivalents at **936.6 Cr** and Net Cash at **669.2 Cr**, alongside a ROCE of 32.7%.

Management is optimistic, expecting growth to accelerate as L&D spending recovers, leveraging NLSL's unique position in managed learning services and AI innovation.