Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹22Cr
Rev Gr TTM
Revenue Growth TTM
0.32%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

NIKSTECH
VS
| Quarter | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | | 300.0 | 56.3 | 75.0 | 100.0 | 219.1 | 182.0 | 180.6 | 200.0 | 167.6 | -5.9 | 5.6 |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 4 | 5 | 4 | 5 |
Operating Profit Operating ProfitCr |
| 81.3 | 83.3 | 72.0 | 42.9 | 14.0 | 17.9 | 29.8 | 27.1 | 6.6 | 8.0 | 6.0 | 7.2 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|
Growth YoY PAT Growth YoY% | | | 11.1 | -71.4 | -110.0 | 150.0 | 2,200.0 | 560.0 | -42.9 | -15.2 | 41.7 | -53.6 |
| 56.3 | 58.3 | 40.0 | 9.5 | -2.0 | 7.5 | 14.9 | 17.6 | 2.8 | 5.6 | 4.3 | 2.5 |
| 0.0 | 0.0 | 0.0 | 0.4 | -0.4 | 1.3 | 5.9 | 9.0 | 2.7 | 6.4 | 0.0 | 2.7 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | | 38.0 | -14.7 | 2.7 | -0.9 | 91.1 | 90.6 | 190.0 | 194.1 | 47.5 | 3.1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 5 | 8 | 9 |
Operating Profit Operating ProfitCr |
| | 13.7 | 6.8 | 5.4 | 4.8 | 67.4 | 75.7 | 22.9 | 26.1 | 12.9 | 7.2 | 6.7 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|
| | 129.7 | 319.1 | -425.6 | 71.9 | 4,736.6 | 97.0 | -99.1 | 17,160.0 | 71.9 | 1.2 | -33.4 |
| | 0.3 | 0.9 | -3.3 | -0.9 | 42.4 | 43.8 | 0.2 | 12.5 | 7.3 | 5.0 | 3.2 |
| -0.8 | 0.2 | 1.0 | -3.2 | -0.9 | 41.7 | 4.5 | 0.0 | 7.1 | 11.7 | 10.1 | 2.7 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Equity Capital Equity CapitalCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 6 |
Current Liabilities Current LiabilitiesCr | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 2 | 1 | 0 |
Non Current Liabilities Non Current LiabilitiesCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 5 | 6 |
Non Current Assets Non Current AssetsCr | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 0 | 0 | 0 | 1 | 0 | 1 | -2 | 0 |
Investing Cash Flow Investing Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Financing Cash Flow Financing Cash FlowCr | 0 | 0 | 0 | 1 | 0 | 0 | 3 | 1 |
|
Free Cash Flow Free Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 1 | -2 | -1 |
| -389.1 | -416.7 | 187.1 | 334.9 | -3,193.3 | 325.4 | -488.2 | -99.4 |
CFO To EBITDA CFO To EBITDA% | 237.1 | 78.1 | 117.9 | 193.5 | -29.2 | 155.6 | -275.5 | -69.2 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 10 | 20 | 0 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6,300.0 | 36.7 | 45.6 | 0.0 |
Price To Sales Price To Sales | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12.7 | 4.6 | 3.3 | 0.0 |
Price To Book Price To Book | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 9.2 | 7.6 | 5.7 | 0.0 |
| 2.0 | 3.1 | 4.3 | 3.8 | 3.4 | 0.1 | -2.9 | 53.2 | 15.7 | 24.0 | -3.6 |
Profitability Ratios Profitability Ratios |
| | 66.8 | 51.8 | 50.9 | 56.8 | 93.7 | 100.0 | 48.3 | 67.2 | 41.1 | 86.9 |
| | 13.7 | 6.8 | 5.4 | 4.8 | 67.4 | 75.7 | 22.9 | 26.1 | 12.9 | 7.2 |
| | 0.3 | 0.9 | -3.3 | -0.9 | 42.4 | 43.8 | 0.2 | 12.5 | 7.3 | 5.0 |
| -8.6 | 0.8 | 2.2 | -12.5 | -5.0 | 79.3 | 24.0 | 1.8 | 28.5 | 17.4 | 10.4 |
| -8.6 | 2.5 | 9.7 | -46.4 | -15.0 | 78.3 | 16.5 | 0.1 | 20.6 | 12.6 | 7.2 |
| -8.3 | 0.5 | 2.1 | -6.9 | -2.5 | 20.7 | 10.5 | 0.1 | 8.7 | 8.1 | 7.0 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
Niks Technology Limited is a diversified Indian technology enterprise headquartered in **Patna, Bihar**. Established in **2014** and listed on the **BSE SME platform (ISIN: INE0GX601011)**, the company has evolved from a specialized IT training provider into a multi-disciplinary technology firm. Its operations now span software development, digital marketing, and an aggressive expansion into the drone technology sector.
---
### **Core Business Verticals & Service Portfolio**
The company operates through an integrated model that combines service-based revenue, product trading, and recurring maintenance contracts.
#### **1. Information Technology & Software Solutions**
Niks Technology provides end-to-end business applications and managed IT services tailored for **Small & Medium Enterprises (SMEs)**.
* **Development Capabilities:** Expertise in **.NET Development, PHP, AJAX, J2EE, Joomla, and SharePoint** integration.
* **Web & Mobile:** Custom and responsive web design, **E-commerce/m-commerce** solutions, and Android application development.
* **Cybersecurity:** Specialized IT security consulting and **Ethical Hacking** services.
* **Database Management:** **MySQL Development**, database design, and consulting for complex information archives.
#### **2. Drone Technology & Aerospace (Strategic Growth Area)**
Following recent amendments to its **Memorandum of Association (MoA)**, the company has pivoted significantly toward the drone ecosystem.
* **Hardware:** Manufacturing, repairing, and trading of commercial and agricultural drones, including the sale of specialized drone parts.
* **Service Models:** **Drone Rental Services** and **Drone Spray Services** for the agricultural sector.
* **Sector Applications:** Security surveillance, event videography, healthcare delivery, and telecommunications.
* **Recurring Revenue:** Implementation of **Annual Maintenance Charges (AMC)** for drone operations in construction and industrial sectors.
#### **3. Education and Industrial Training**
The company operates training centers offering **Online & Offline Courses** designed to bridge the gap between academic learning and industrial requirements.
* **Advanced Technologies:** Artificial Intelligence (**AI**), **Machine Learning**, Data Science, and **Internet of Things (IoT)**.
* **Engineering & Robotics:** **Embedded Systems & Robotics**, **PLC-SCADA**, and **VLSI Designing**.
* **Programming Languages:** Comprehensive certifications in **C, C++, JAVA, PHP, and PYTHON**.
#### **4. Digital Marketing & E-commerce**
A full-suite digital agency model focusing on **ROI-driven** marketing for internal and external clients.
* **Services:** **SEO, SEM**, Content Automation, Influencer Marketing, and Social Media Optimization (**SMO**).
* **Direct Sales:** Operation of e-commerce platforms providing direct-to-home and mail-order services.
---
### **Financial Performance & Growth Trajectory**
Niks Technology has demonstrated a consistent upward trend in revenue and profitability over the last four fiscal years, reflecting successful scaling of its diversified business lines.
| Particulars (₹ in Lakhs) | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
| :--- | :--- | :--- | :--- | :--- |
| **Total Revenue** | **909.29** | **610.86** | **207.70** | **71.61** |
| **Total Expenses** | **844.98** | **549.47** | **172.22** | **70.07** |
| **Profit Before Tax (PBT)** | **64.31** | **61.39** | **35.48** | **1.53** |
| **Net Profit After Tax (PAT)** | **45.05** | **44.50** | **25.89** | **0.15** |
**Key Financial Observations:**
* **Revenue Growth:** Total revenue increased by approximately **1,169%** between FY22 and FY25.
* **Dividend Policy:** The Board has **not recommended a dividend** for FY 2024-25, opting to reinvest earnings into growth initiatives.
* **Foreign Expenditure:** As of March 31, 2023, the company utilized **₹ 87.83 Lakhs** for traded goods and **₹ 26.27 Lakhs** for capital goods, primarily denominated in **USD**.
---
### **Capital Structure & Fundraising**
The company has actively used equity instruments to fund its expansion into drone manufacturing and to meet working capital requirements.
* **Authorised Capital:** **₹ 1,00,00,000** (10 Lakh Equity Shares of **₹ 10** each).
* **Paid-up Capital:** Increased to **₹ 50,00,000** (5 Lakh Equity Shares) as of March 31, 2025.
* **Preferential Allotments (Oct/Nov 2023):** Issued **36,800** shares at **₹300** per share, raising **₹1.10 Crore**.
* **Convertible Warrants:** Issued **1,00,000** warrants at **₹300** (Total **₹3.00 Crore**).
* **25,000** converted in July 2024.
* **50,000** converted in March 2025.
* **25,000** remain eligible for conversion within **18 months** of allotment.
---
### **Strategic Roadmap & Operational Execution**
#### **Geographic & Brand Expansion**
Niks Technology is transitioning from a regional player in Bihar to a national entity.
* **Scaling Model:** Expansion beyond **Patna** via a mix of **direct investment and franchise models**.
* **Marketing:** Aggressive use of **digital, print, and outdoor advertising** in major cities to enhance brand recall.
#### **Inorganic Growth & Alliances**
The company is actively evaluating **strategic acquisitions** and technology alliances to acquire new technical capabilities and enter untapped market segments.
#### **Governance & Leadership**
* **Promoter Leadership:** **Mr. Manish Dixit** (Managing Director) oversees sales, project execution, and digital strategy. He has been re-appointed for a **5-year term** effective **December 16, 2025**.
* **Executive Compensation:** Approved monthly salary for the MD is capped at **₹3,00,000** (an increase from the previous annual limit of ₹12,00,000).
* **Inter-corporate Support:** The Board has authorized loans/guarantees up to **₹50 Crores** to support related entities, specifically **Ved Prabha Aerospace Private Limited** and **Eternel Green Energy Private Limited**.
---
### **Operational Standards & Risk Management**
| Feature | Details |
| :--- | :--- |
| **Operating Cycle** | **12 Months** |
| **Quality Control** | Stage-by-stage internal audits to minimize product rejection and ensure **ROI**. |
| **Asset Management** | PPE maintained on an **accrual basis** under historical cost convention with regular physical verification. |
| **Compliance Status** | No **Crypto/Virtual Currency** exposure; no transactions with **Struck-off Companies**; no **Benami Property** proceedings; not a **Wilful Defaulter**. |
| **Dematerialization** | **100%** of Paid-up Share Capital is held in demat form. |
**Risk Mitigation:** The company focuses on a **6-year track record** of timely service to drive client retention and utilizes a blend of in-house expertise and strategic subcontracting for media planning to manage operational overheads.