Develops software and payment solutions for banks and financial institutions in India, operating across Technology Service Provider (TSP), Payment Platform as a Service (PPaaS), and RegTech verticals. The single operating segment — software and payment solutions to the banking and finance sector — accounts for 100% of segment revenue. For FY26, standalone revenue from operations stood at ₹194.17 crore, up 12.2% from FY25, while consolidated profit after tax fell to ₹40.82 crore from ₹45.20 crore. The company received an order from a Maharatna public sector undertaking to develop a UPI Third-Party Application Provider (TPAP) application on a SaaS model that generates recurring revenue. Employee costs are 21.1% of revenue and other operating expenses 51.9%, with depreciation at 4.7%. A wholly-owned subsidiary, NPST Global Solutions LLC, was incorporated in Dubai, UAE in April 2025 as part of an international expansion push. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Software and Payment solution to Banking and Finance Sector (100%). Asset-light, single-segment fintech providing software and payment platforms to banks and financial institutions
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 173 | 195 |
| EBITDA (ex other income) | 60 | 51 |
| margin % | 34.7 | 26.0 |
| Owners' profit | 45 | 47 |
| EPS, as reported (₹) | 23.31 | 20.58 |
| ROE % · ROCE % | 43.3 · 55.3 | 9.3 · 12.5 |
| Debt / equity (x) | 0.09 | 0.01 |
| Cash from operations | 29 | (40) |
| Capex | (6) | 0 |
| ₹ crore | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|
| Revenue | 26 | 34 | 47 | 53 | 62 | 56 |
| Profit before tax | 8 | 10 | 13 | 16 | 16 | 14 |
| Net profit | 6 | 7 | 10 | 12 | 12 | 11 |
| EPS (₹) | 3.10 | 3.71 | 5.00 | 5.92 | 6.17 | 5.26 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ONE 97 COMMUNICATIONS LTD | 1,15,680 | 177.9 | 7.22 | 96.1 | 3.4 | 3.6 | — | 15.7 |
| PB FINTECH LIMITED | 83,161 | 110.7 | 11.36 | 93.5 | 9.2 | 9.2 | — | 12.3 |
| PINE LABS LIMITED | 22,945 | 176.0 | 3.89 | 44.4 | 1.9 | 2.2 | — | 16.8 |
| SESHAASAI TECHNOLOGIES L | 6,318 | 20.4 | 4.43 | 15.8 | 16.8 | 22.0 | — | 25.1 |
| AVENUESAI LIMITED | 5,692 | 16.1 | 1.14 | 11.8 | 5.9 | 6.2 | 64.4 | 4.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 10 Sept 2026 · NPST wins Best Digital Banking Platform award at Global Fintech Awards 2026 | business updates | medium | — | — |
| 7 Sept 2026 · NPST files newspaper publication copies for 13th AGM notice | compliance | minimal | — | — |
| 5 Sept 2026 · NPST confirms dispatch of 13th AGM notice and FY26 annual report to shareholders | compliance | minimal | — | — |
| 5 Sept 2026 · NPST files newspaper ad copies about 13th AGM via video call on Sept 28 | compliance | minimal | — | — |
| 4 Sept 2026 · Clarification on Q1 FY27 financial results filing errors | compliance | low | — | — |
| 4 Sept 2026 · 13th AGM on Sept 28, 2026; Rs. 2 per share final dividend proposed | board shareholder meetings | low | — | — |
| 1 Sept 2026 · NSE seeks clarification on Q1 FY27 results compliance | regulatory legal | high | — | — |
| 31 Aug 2026 · NPST clarifies unusual trading volume, no undisclosed info | regulatory legal | medium | — | — |
| 29 Aug 2026 · Clarification on unusual rise in share trading volume | regulatory legal | medium | — | — |
| 27 Aug 2026 · Exchange seeks clarification on volume movement, reply awaited | regulatory legal | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| NETWORK PEOPLE SRV TECH L ◆ |
| 3,494 |
| 74.9 |
| 7.92 |
| 49.5 |
| 9.3 |
| 12.3 |
| — |
| 33.3 |
| ONE MOBIKWIK SYSTEMS LTD | 1,649 | — | 3.06 | — | (11.5) | (11.2) | — | 5.6 |
| WSFX Global Pay Limited | 80 | — | 2.82 | — | (4.5) | (6.4) | — | (20.5) |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 74.9 | 92.8 | 3 of 6 | 60% |
| P/B | 7.9 | 3.5 | 9 of 10 | 11% |
| ROCE | 12.3 | 3.7 | 2 of 10 | 89% |
| ROE | 9.3 | 4.4 | 2 of 10 | 89% |
| Debt / Equity | 0.0 | 0.1 | 3 of 10 | 78% |
| EBITDA margin | 33.3 | 8.9 | 1 of 10 | 100% |
| Revenue growth | 68.0 | 40.1 | 3 of 9 | 75% |
| Profit growth | 53.6 | 55.6 | 6 of 9 | 38% |
| Market cap | 3494 | 4593 | 6 of 10 | 44% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
