Q4 ( January - March 2022 )
Insight@NIIT:Vol 54
Investor Communication
Q4 Results
NIIT Limited announces Consolidated Results for Q4 and Financial Year 2021-22








Vijay K Thadani
Vice Chairman & Managing Director, NIIT Limited

"FY22 has been a milestone year for NIIT, as we completed 40 years. Both the Corporate Learning Group (CLG) and Skills & Careers (SNC) businesses grew exceptionally well and are poised for their next phase of growth. With a robust balance sheet, differentiated offerings and strong track record of delivering outcomes, NIIT enjoys significant brand trust in the markets it serves."




























Sapnesh Lalla,
CEO and Executive Director, NIIT Ltd.


"FY22 saw NIIT grow 44% YoY and improve its profitability by 456 bps YoY. At a time when talent is at the top of most CEOs agenda, NIIT's customers continue to trust us with their most pressing talent transformation challenges."


FY22 Highlights

Records FY22 Revenue at Rs. 1377.5 Cr, up 44% YoY
FY22 EBITDA recorded at Rs. 299.9 Cr, up 82% YoY; FY22 EBITDA margin at 21.8%, up 456 bps YoY
FY22 Profit After Tax at Rs. 226.2 Cr up 58% YoY; records EPS of Rs 16.8 up 67% YoY
Corporate Learning Group (CLG) grows 35% YoY in FY22; adds 16 Managed Training Services customers and ends the year with 66 MTS customers and revenue visibility of $ 328 Mn
Skills & Careers Business (SNC) grows 99% YoY in FY22

Quarter 4 FY22 Highlights

Q4 Revenue recorded at Rs. 375 Cr, up 35% YoY
Profit After Tax at Rs. 67.4 Cr up 45% YoY
EBITDA at Rs. 73.2 Cr, up 6% YoY
Corporate Learning Group (CLG) records revenue growth of 24% YoY
Skills & Careers Business (SNC) grows 99% YoY in FY22
StackRoute & TPaaS grow 97% YoY, contributing 35% to SNC revenues in Q4
Added 3 MTS customers
Skills & Careers Business (SNC) grows 99% YoY in FY22

New Delhi, May 24, 2022: NIIT Limited (NSE: NIITLTD), a leading global talent development corporation, today reported its results for FY22 and fourth quarter ending March 31, 2022.

  FY22 Highlights

  Quarter 4 FY22 Highlights

The results were taken on record at the meeting of the Board of Directors held today.

During the quarter, the Board of Directors approved the Composite Scheme of Arrangement which would result in CLG Business and SNC Business to be reorganized as separate publicly listed companies. The proposed scheme is subject to necessary statutory and regulatory approvals including the approval of the NCLT, SEBI, Stock Exchanges, shareholders and creditors.

Business Highlights:

Corporate Learning Group (CLG) recorded revenues of Rs. 295.7 Cr, up 24% YoY during Q4. Full year revenue for CLG was recorded at Rs. 1131 Cr, up 35 % YoY. Revenue visibility stood at $ 328 Mn.

CLG added 3 new global MTS contracts during the quarter, did 2 contract expansions and 1 contract extension. During FY22, CLG signed 16 new MTS customers. The total number of MTS customers stand at 66.

Skills & Careers Business (SNC) recorded Q4 net revenue of Rs. 79.3 Cr. up 97% YoY. For the full year, SNC recorded net revenue of Rs. 246.5 Cr, up 99% YoY. StackRoute & TPaaS grew 137% YoY in FY22, contributing 41% to SNC revenues.

During the year, NIIT strengthened its Digital transformation portfolio by adding programs in Data Sciences, AI/ML, Cloud Computing, Cybersecurity and Digital Marketing to meet the accelerating employment growth at GSIs and GCCs, in addition to the digital start-up ecosystem.

During the year NIIT acquired majority stake in RPS Consulting Private Limited, a leading provider of training programs on emerging digital technologies for experienced technology professionals, specifically addressing the needs of Global Systems Integrators and Capability Centers of large multinational companies.

Other highlights:

NIIT won the 'Best Skill Learning Company' award at the 11th Annual Indian Education Awards 2021.
NIIT earned 72 Brandon Hall Awards including 51 awards for Excellence in Human Capital Management and 19 Excellence in Technology awards jointly with customers.
NIIT was ranked #2 overall among the prestigious HRO Today Baker's Dozen for Learning and Development and named a Leader in the Nelson Hall Learning BPS 2021
The 5th edition of NIIT India Confluence, a 2-day exclusive, by-invitation only, virtual summit held on Jan 12-13, 202, saw representation from around 300 companies and 600+ industry participants. Industry mavens, including CEOs, CHROs, and Business Leaders came together to deliberate on the conference's theme of 'Accelerated Learning for Achieving Business Outcomes'.
NIIT launched – "Talent Leadership Boardroom" initiative to generate leadership conversations on the emerging talent requirements of the industry.
NIIT earned 3 Learning Technologies Awards and 2 LPI Learning awards including the Gold Learning Giveback award.
NIIT was featured as a Training Industry Top 20 Company for Learning Services, Custom Content, IT Training and Experiential Learning in 2021.
NIIT IFBI won the 'Training & Education Excellence Award' at the Quantic India 3rd Annual BFSI Excellence Awards 2021
NIIT Limited won the ASSOCHAM Award for Building Sales and Service Capability Enabling Business at EduMeet 2021, the flagship event which honours excellence in the education and skills industry.

About NIIT Limited

NIIT Limited is a leading global talent development corporation that is engaged in building skilled human capital and enhancing workforce talent worldwide. Set up in 1981 to help the nascent IT industry overcome its human resource challenges, NIIT ranks amongst the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, it offers training and development solutions to enterprises and individuals through its two businesses– Corporate Learning Group (CLG) and Skills & Careers Group (SNC).

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in futuristic domains. Further, NIIT also provides a series of aspirational New-age Career Programs in Product & Software Engineering, Data Science, Digital Marketing, Banking, Finance & Accounts, Game Development, 5G certification program, and more. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale.

As online and remote learning becomes mainstream, the robust NIIT Digital platform connects the corporate and individual learners seamlessly and provides an environment for improving learning effectiveness and efficiency. Committed to its mission to deep skill the youth of the country NIIT Digital not just offers new age, online, instructor led tech courses but also follows through with placement assurance to truly transform the lives of the learners.

NIIT has been featured as the only company in Educational Services Industry, in the Fortune India 500 list 2020. The company was recognised as "Best Education Company to work with" at Indian Education Congress & Awards 2020. NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies globally for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category.

Further the Board of Directors approved the Composite Scheme of Arrangement which would result in CLG Business and SNC Business to be reorganized as separate publicly listed companies. The proposed scheme is subject to necessary statutory and regulatory approvals including the approval of the NCLT, SEBI, Stock Exchanges, shareholders and creditors.


NIIT Ltd. announces initiatives to strengthen the future ready talent pool in India













Mr. Abhishek Arora, EVP and Business Head, Skills and Career Business, NIIT Ltd.


"At NIIT, disruption, learning, and transformation have been the watchwords. We launched the NIIT Digital platform as an avenue for new age online learning with assured job outcomes for learners and professionals. The innovative online programs offered by NIIT are designed to provide learners with industry-specific and hands-on training, as well as assured placements. Our new-age technology programs, along with the new initiatives we have announced, will play a pivotal role in the larger story of transforming India digitally."


- Introduces programs for engineering diploma holders

NIIT Limited announced initiatives to widen India's talent pool in support of the Government of India's plans for skilling and digital education in the country. In a significant initiative to broaden the tech talent pool in the country, diploma holders too will now be eligible for NIIT's programs on Cybersecurity and Cloud (these programs were earlier restricted to only engineering graduates). While the program on Cybersecurity is designed to prepare learners for industry-leading certifications like Red-Hat system administration(EX-200), CompTIA N+ and Certified Ethical hacker (Ec-council), the one on cloud computing prepares learners for Red-Hat system administration (EX-200), CompTIA N+ and AWS Certified SysOps Administrator – Associate (SOA-C02) certification. NIIT also announced that its popular Software Engineering program can now be availed part time to suit flexibility needs of learners.

These online programs, delivered in a live and interactive manner, will help bridge the gap between the requirements of the tech industry and the job readiness of new diploma holders, engineering and science graduates and the existing workforce.

Other programs on offer from NIIT include those in the new age fields of Digital Marketing, Product Engineering, Data Science & Machine Learning, and 5G Certification Program, Game Development among others.

NIIT has been consistently contributing to the Government of India's goal of creating a more digitally inclusive India for learning by developing and delivering unique teaching solutions through NIIT Digital. As part of this, NIIT hosts a free weekly webinar with subject matter experts from various industries, during which learners can ask live questions.

A leading force in digital education in India with its online programs and webinars, NIIT has also exhibited excellent placement rates. As of February 10, 2022, NIIT registered 100% placements for all its new-age technology programs. The company's 40-year legacy in training and relationships with more than 800 hiring partners have contributed to its success in helping its learners land coveted jobs that can transform their lives. For more information on NIIT and its #AbPlacementPakki campaign, please click here.

The programs from NIIT are inclusive of multiple benefits such as flexible payment options, no cost EMIs for fee payment, guidance on selection of programs and career opportunities besides interaction with mentors at NIIT to resolve queries. Furthermore, the company provides a "try before you buy" option for learners, allowing them to get a firsthand experience of how the program will pan out allowing for more informed professional development decisions. Subject to terms and conditions, NIIT will also refund full program fees, in case the assured placement is not delivered to the learner on completion of the program. Additionally, learners are better equipped to use the online learning platform and contribute to the formation of day 1 job ready talent pool in the country.

NIIT collaborates with Salesforce to bridge the skills gap






Sapnesh Lalla,
CEO & Executive Director, NIIT Ltd.

"At NIIT, we have been working with the industry and the student community for over four decades and have a deep understanding of the talent and skills requirements brought in by Digital Transformation. We are delighted to collaborate with Salesforce, the leading provider of CRM, to offer programs in Salesforce technologies to fresh graduates and working professionals. By bringing together NIIT's proven ability in delivering learning outcomes at scale and Salesforce's technical expertise, we hope to bridge the skill gap that the industry is currently faced with."


- The collaboration will enable graduates and working professionals to skill up for jobs in the Salesforce partner ecosystem

NIIT Limited announced its appointment as an Authorized Training Partner of Salesforce, the global CRM (Customer Relationship Management) leader. The collaboration will address the exponentially growing demand in the Salesforce Ecosystem for Salesforce-skilled talent, driven by the rapid adoption of Salesforce technologies. Experienced faculties who have been certified by Salesforce will teach all programs offered through this collaboration.

NIIT will offer programs on Salesforce to fresh graduates and working professionals, to build a pan-India talent pool of Salesforce Certified Professionals.

Learners who graduate from these programs will receive increased networking opportunities with some of the largest companies operating in the country, including GSIs, GCCs and India Enterprises.

According to research by Fortune Business insights, the global CRM market is expected to reach USD $ 128.97 billion by 2028 from USD $ 58.04 billion in 2021, while exhibiting a CAGR of 12.1% between 2021 and 2028. Separately, research by IDC (International Data Corporation) has found that Salesforce and its ecosystem of partners in India will create 1,328,200 jobs among Salesforce customers in the country, including 569,800 direct jobs and 758,400 indirect jobs by 2026. NIIT is committed to work with Salesforce to help minimize this emerging talent skill gap.

Arundhati Bhattacharya, Chairperson & CEO, Salesforce India, said, "The world is witnessing huge growth in the Salesforce economy, and India is expected to play a pivotal role in this growth. As technology adoption continues to grow, we are committed to addressing the training and re-skilling imperative - equipping people with the tools and skills that they need to build dynamic careers in Salesforce technologies and thrive in a digital-first world. We are delighted to be collaborating with NIIT in our mission to democratise digital skills, nurturing future-ready individuals and bridging the skills gap."

Environment Scan


For further queries, please write to
or contact the Editor at- Swati.Sharma@niit.com

For more company updates follow us on :- Twitter:- https://twitter.com/niitltd
LinkedIn :- https://www.linkedin.com/company/niit-limited
Facebook :- https://www.facebook.com/NIITLimited/
Design Team:- Sandeep Grover, LSE-LC/


Copyright © 2008 NIIT Limited