NPST's 24.52% margin trails peer median by 38.16 points
Consolidated net profit was Rs 11.05 cr, while Rs 4.94 cr of other income supported profit before tax of Rs 14.49 cr.
Filed 11 Aug 2026, 19:40 IST · after market close · Network People Services Technologies Ltd (NPST)
Key takeaways
- Consolidated Q1FY27 net profit was Rs 11.05 cr, with EPS of Rs 5.26.
- Other income of Rs 4.94 cr was a meaningful part of profit before tax of Rs 14.49 cr.
- NPST's 24.52% operating margin was 38.16 percentage points below the 62.68% median for 60 reporting Financial Services peers.
Price around the results
Q1FY27 profit included meaningful non-operating income
NPST reported consolidated net profit of Rs 11.05 cr on operating profit of Rs 13.85 cr. Other income of Rs 4.94 cr was a meaningful contributor to profit before tax of Rs 14.49 cr, so reported earnings were not entirely operating-led. The results were filed at 19:40 IST on 11 Aug 2026, after market close.
Operating costs set the margin outcome
The 24.52% operating margin reflects expenses of Rs 42.63 cr against revenue of Rs 56.48 cr. Interest was only Rs 0.21 cr, while depreciation of Rs 4.09 cr and tax of Rs 3.44 cr reduced the conversion from operating profit to net profit.
NPST sits near the bottom of the reported peer set
Among 60 Financial Services peers that had reported the quarter, NPST's 24.52% operating margin was 38.16 percentage points below the 62.68% sector median. The company ranked 8th from the bottom, placing the quarter's margin well below the available peer benchmark.
Management points to RegTech and international growth
Management said the international subsidiary has begun contributing revenue and that global client orders are broadening NPST's geographic base beyond India. The company said its RegTech pipeline could support further monetisation and that DPDP implementation is creating a new demand pool it aims to capture early. Management also said domestic PPaaS projections were moderated under the current MDR environment and that the business is unlikely to return to past peaks, while stating an ambition to grow at twice the market rate by 2030.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹56 cr |
| Other income | ₹5 cr |
| Expenses | ₹43 cr |
| Operating profit | ₹14 cr |
| Operating margin (%) | 24.52% |
| Interest | ₹0 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹14 cr |
| Tax | ₹3 cr |
| Net profit | ₹11 cr |
| EPS (₹) | ₹5.26 |
Operating margin of 24.52% compares with a Financial Services sector median of 62.68% across 60 peers that have reported Q1FY27.
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- The international subsidiary began contributing revenue and global client orders broadened NPST's geographic base.
Guidance & outlook
- NPST aims to achieve twice the market growth rate by 2030.
- The RegTech pipeline is expected to support further monetisation.
- DPDP implementation is emerging as a new demand pool that NPST aims to capture early.
- A favourable MDR policy could revive PPaaS, although the company does not expect a return to past peaks.
Problems & risks
- Domestic PPaaS projections were moderated because of the current MDR environment.
- The company does not expect PPaaS to revisit past peaks.
What to watch
- Whether operating margin improves from 24.52% and narrows the 38.16-percentage-point gap to the peer median.
- Whether other income remains near Rs 4.94 cr relative to profit before tax of Rs 14.49 cr.
- Any update on management's 2x market-growth ambition by 2030 and the RegTech pipeline.