NIIT Learning Systems shareholders and shareholding pattern

NSE: NIITMTSBSE: 543952Other Consumer ServicesSmall Cap

₹184.06₹4.58 (2.43%)BSE ₹183.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹188.64.

52-week range of traded prices to 23 Oct 2026

₹179.27Low, 23 Oct 2026₹443.90High, 26 Dec 2025

Next results date: the board meets on 29 Oct 2026 to consider: financial results and other business matters.

Market cap: ₹2,543 Cr836th largest listed
P/E: 9.9
P/E without one-offs: 11.4
P/B: 1.6
Dividend yield: 1.77%
ROE: 18.6%
ROE without one-offs: 16.2%
ROCE: 16.0%
Debt to equity: 0.17
Volume, NSE: 1,11,74840.9% delivered

Who owns NIIT Learning Systems, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2023; the latest is the filing for Sep 2026.

Sep 2026 filing

Promoters34.17%
Foreign institutions13.59%
Indian institutions24.41%
Governments0.01%
Individuals and others27.83%

Shareholding pattern, per cent

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Sep 2023Filed 18 Oct	Dec 2023Filed 17 Jan	Mar 2024Filed 18 Apr	Jun 2024Filed 18 Jul	Sep 2024Filed 11 Oct	Dec 2024Filed 8 Jan	Mar 2025Filed 11 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 23 Oct	Dec 2025Filed 20 Jan	Mar 2026Filed 16 Apr	Jun 2026Filed 14 Jul	Sep 2026Filed 13 Oct
	34.84%	34.73%	34.64%	34.57%	34.52%	34.48%	34.45%	34.36%	34.21%	34.19%	34.10%	34.25%	34.17%
Indian promoters	34.82%	34.72%	34.62%	34.56%	34.51%	34.47%	34.44%	34.35%	34.20%	34.17%	34.09%	34.24%	34.16%
Foreign promoters	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
	65.16%	65.27%	65.36%	65.43%	65.48%	65.52%	65.55%	65.64%	65.79%	65.81%	65.90%	65.75%	65.83%
	18.90%	17.76%	18.22%	18.28%	17.66%	17.62%	17.56%	17.48%	17.43%	17.13%	16.75%	14.44%	13.59%
Foreign portfolio investors, category I	18.69%	17.56%	18.02%	18.07%	17.43%	17.32%	16.98%	16.66%	16.04%	15.76%	15.64%	13.64%	12.85%
Foreign portfolio investors, category II	0.21%	0.19%	0.20%	0.20%	0.23%	0.31%	0.58%	0.82%	1.39%	1.37%	1.11%	0.80%	0.73%
	15.84%	16.37%	17.77%	17.30%	18.72%	21.53%	21.87%	22.15%	23.73%	24.27%	24.46%	25.38%	24.41%
Mutual funds	11.44%	11.98%	13.48%	13.10%	14.35%	17.34%	17.62%	17.21%	18.47%	18.46%	18.56%	19.08%	17.68%
Insurance companies	0.22%	0.32%	0.53%	0.51%	0.56%	0.61%	0.63%	0.56%	0.56%	0.56%	0.56%	0.55%	0.48%
Banks	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	Under 0.01%
Alternative investment funds	4.16%	4.06%	3.75%	3.69%	3.80%	3.57%	3.62%	4.37%	4.69%	5.24%	5.33%	5.74%	6.24%
Non-bank lenders registered with RBI	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Other financial institutions	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Government-promoted companies	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Government-promoted companies	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	–	–	–	–	–	–
	30.42%	31.14%	29.36%	29.84%	29.08%	26.35%	26.10%	26.00%	24.61%	24.40%	24.68%	25.92%	27.83%
Resident individuals, up to ₹2 lakh at face value	14.95%	15.36%	13.99%	14.37%	13.93%	13.64%	13.49%	13.92%	13.28%	13.08%	13.19%	14.40%	15.53%
Resident individuals, over ₹2 lakh at face value	6.85%	6.83%	6.78%	6.57%	6.68%	4.29%	4.29%	3.71%	2.99%	3.06%	3.21%	3.17%	3.42%
Companies	5.57%	5.84%	5.50%	5.82%	5.46%	5.37%	5.37%	5.35%	5.16%	5.08%	5.16%	5.07%	5.23%
Non-resident Indians	1.11%	1.16%	1.16%	1.22%	1.19%	1.23%	1.16%	1.21%	1.31%	1.32%	1.30%	1.32%	1.59%
Foreign nationals	0.05%	0.05%	0.08%	0.05%	0.06%	0.05%	0.05%	0.05%	0.06%	0.06%	0.06%	0.06%	0.06%
Investor education fund	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%	0.32%	0.31%	0.31%
Directors and their relatives	0.66%	0.70%	0.70%	0.72%	0.72%	0.73%	0.73%	0.73%	0.78%	0.78%	0.78%	0.87%	0.94%
Key managers	0.05%	0.05%	0.02%	0.02%	0.02%	0.03%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.03%
	0.86%	0.84%	0.82%	0.75%	0.70%	0.68%	0.68%	0.68%	0.69%	0.68%	0.63%	0.69%	0.72%
Trusts	0.04%	0.05%	0.05%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.02%
Hindu undivided families	0.62%	0.60%	0.58%	0.56%	0.51%	0.49%	0.50%	0.49%	0.50%	0.49%	0.45%	0.50%	0.53%
Clearing Members	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Bodies Corporate	0.21%	0.19%	–	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	0.19%	0.18%	0.18%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%
Shares in issue	13,46,14,360	13,50,26,435	13,53,88,721	13,56,53,959	13,58,49,965	13,59,83,849	13,61,25,349	13,64,86,135	13,70,69,781	13,71,67,439	13,75,20,439	13,78,14,443	13,81,61,451

A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of NIIT Learning Systems shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Sep 2023Filed 18 Oct	Dec 2023Filed 17 Jan	Mar 2024Filed 18 Apr	Jun 2024Filed 18 Jul	Sep 2024Filed 11 Oct	Dec 2024Filed 8 Jan	Mar 2025Filed 11 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 23 Oct	Dec 2025Filed 20 Jan	Mar 2026Filed 16 Apr	Jun 2026Filed 14 Jul	Sep 2026Filed 13 Oct
All shareholders	84,546	83,592	76,260	75,936	73,308	72,050	71,434	72,819	71,581	69,625	68,595	70,268	73,089
	20	18	18	18	18	18	18	18	18	18	18	18	18
Indian promoters	18	16	16	16	16	16	16	16	16	16	16	16	16
Foreign promoters	2	2	2	2	2	2	2	2	2	2	2	2	2
	84,526	83,574	76,242	75,918	73,290	72,032	71,416	72,801	71,563	69,607	68,577	70,250	73,071
	120	111	126	118	119	128	129	129	126	116	120	80	72
Foreign portfolio investors, category I	113	106	119	111	110	118	116	118	115	106	109	77	68
Foreign portfolio investors, category II	7	5	7	7	9	10	13	11	11	10	11	3	4
	23	24	27	25	27	24	21	25	26	25	25	30	31
Mutual funds	5	4	9	8	9	10	6	6	6	6	6	5	5
Insurance companies	2	4	4	3	3	2	2	2	2	2	2	2	2
Banks	6	6	6	6	6	5	5	5	5	5	5	5	4
Alternative investment funds	6	6	5	5	6	4	5	9	11	10	10	16	18
Non-bank lenders registered with RBI	3	3	2	2	2	2	2	2	1	1	1	1	1
Other financial institutions	1	1	1	1	1	1	1	1	1	1	1	1	1
	1	1	1	1	1	1	1	1	1	1	1	1	1
Government-promoted companies	–	–	–	–	–	–	–	1	1	1	1	1	1
Government-promoted companies	1	1	1	1	1	1	1	–	–	–	–	–	–
	84,382	83,438	76,088	75,774	73,143	71,879	71,265	72,646	71,410	69,465	68,431	70,139	72,967
Resident individuals, up to ₹2 lakh at face value	80,280	79,244	72,250	71,812	69,339	68,043	67,359	68,664	67,482	65,545	64,471	66,025	68,764
Resident individuals, over ₹2 lakh at face value	12	12	13	12	13	11	11	13	12	13	14	12	13
Companies	742	797	710	714	706	705	718	710	672	578	587	592	578
Non-resident Indians	1,839	1,841	1,732	1,859	1,751	1,790	1,856	1,907	1,904	2,020	2,054	2,165	2,235
Foreign nationals	2	2	3	2	3	2	2	2	3	3	3	3	3
Investor education fund	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	3	3	3	3	3	3	3	3	3	3	3	3	3
Key managers	2	2	2	2	2	2	2	2	2	2	2	2	2
	1,501	1,536	1,374	1,369	1,325	1,322	1,313	1,344	1,331	1,300	1,296	1,336	1,368
Trusts	7	9	9	8	8	8	8	8	7	5	5	5	4
Hindu undivided families	1,490	1,522	1,361	1,356	1,312	1,309	1,301	1,332	1,319	1,289	1,286	1,325	1,359
Clearing Members	3	4	3	4	4	4	3	3	4	5	4	5	4
Bodies Corporate	1	1	–	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	1	1	1	1	1	1	1	1	1	1	1

A dash is a line the filing did not state.

NIIT Learning Systems promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is VIJAY KUMAR THADANI AS TRUSTEE OF THADANI FAMILY TRUST, 16.76%. The filing names 22 more members with no shares.Promoter buying and selling

Holder
VIJAY KUMAR THADANI AS TRUSTEE OF THADANI FAMILY TRUSTIndian companies, trusts and others	16.76%	2,31,50,523
RAJENDRA SINGH PAWAR AS TRUSTEE OF PAWAR FAMILY TRUSTIndian companies, trusts and others	16.36%	2,26,01,938
ARVIND THAKURIndividuals and Hindu undivided families	0.41%	5,66,829
NEETI PAWAR AND RAJENDRA SINGH PAWARIndividuals and Hindu undivided families	0.27%	3,69,845
VIJAY KUMAR THADANI AND RENUKA VIJAY THADANIIndividuals and Hindu undivided families	0.11%	1,55,000
RAJENDRA SINGH PAWAR AND NEETI PAWARIndividuals and Hindu undivided families	0.11%	1,55,000
URVASHI PAWARIndividuals and Hindu undivided families	0.04%	60,000
UDAI PAWARIndividuals and Hindu undivided families	0.04%	60,000
UNNATI PAWARIndividuals and Hindu undivided families	0.04%	60,000
RASINA UBEROINon-resident and foreign individuals	0.01%	15,464
JANKI JAMWAL AND KEERTI KATOCHIndividuals and Hindu undivided families	0.00%	562
YOGESH SINGHIndividuals and Hindu undivided families	0.00%	600
RENUKA VIJAY THADANI AND VIJAY KUMAR THADANIIndividuals and Hindu undivided families	0.00%	3,527
RENU KANWAR AND VANDANA KATOCHIndividuals and Hindu undivided families	0.00%	2,339
LATE SANTOSH DOGRAIndividuals and Hindu undivided families	0.00%	1,687
JANKI JAMWAL AND PRAMOD SINGH JAMWALIndividuals and Hindu undivided families	0.00%	562
RUBIKA VINOD CHABLANINon-resident and foreign individuals	0.00%	1,687
JANKI JAMWAL AND NEETI PAWARIndividuals and Hindu undivided families	0.00%	652

No promoter shares are reported as pledged.

Largest public holders of NIIT Learning Systems, filing by filing

Per cent, on the same shares as the split above.

Holder	Sep 2023Filed 18 Oct	Dec 2023Filed 17 Jan	Mar 2024Filed 18 Apr	Jun 2024Filed 18 Jul	Sep 2024Filed 11 Oct	Dec 2024Filed 8 Jan	Mar 2025Filed 11 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 23 Oct	Dec 2025Filed 20 Jan	Mar 2026Filed 16 Apr	Jun 2026Filed 14 Jul	Sep 2026Filed 13 Oct
MASSACHUSETTS INSTITUTE OF TECHNOLOGYForeign portfolio investors, category I	5.75%	–	5.72%	5.71%	5.70%	5.69%	5.69%	5.67%	5.65%	5.64%	5.63%	5.62%	5.60%
MARATHON EDGE INDIA FUND I LVFAlternative investment funds	–	–	–	–	–	–	–	–	–	–	–	2.99%	2.98%
AKM SYSTEMS PVT. LTD.Companies	3.00%	3.00%	2.99%	2.97%	2.97%	2.96%	2.96%	2.94%	2.93%	2.93%	2.92%	2.92%	2.91%
MARATHON EDGE INDIA FUND IAlternative investment funds	3.06%	3.05%	3.04%	3.03%	3.03%	3.03%	3.02%	3.02%	–	3.00%	2.99%	–	–
ASHISH KACHOLIAResident individuals, over ₹2 lakh at face value	2.23%	2.22%	2.11%	2.03%	2.02%	2.02%	2.02%	1.14%	–	–	–	–	–
SURESH KUMAR AGARWALResident individuals, over ₹2 lakh at face value	2.31%	2.31%	2.30%	2.29%	2.29%	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.