NSEIT Ltd.
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NSEIT Ltd. - overview
Established
1999
Location
Mumbai, Maharashtra, India
Primary Industry
Software
About
Founded in 1999 by founder N Muralidaran and based in Maharashtra, India, NSEIT Ltd. provides application, assessment, infrastructure, an integrated security response center, testing COE, and analytical services for banking, insurance, capital markets, and financial markets. In April 2024, Investcorp agreed to acquire NSEIT Ltd. for approximately INR 100 million.
As of July 2024, the company is led by CEO Anantharaman Sreenivasan (Ganesh). NSEIT offers various products and services, including applications: custom software development, application modernization, and enterprise solutions that enhance operational efficiency and customer experience. Cloud: cloud strategy, migration, and management services that enable businesses to use the power of cloud computing for scalability and flexibility. Cybersecurity: comprehensive security solutions that protect businesses from cyber threats, ensuring data integrity and compliance with regulatory standards.
Data & Analytics: advanced data analytics, business intelligence, and data management services that provide actionable insights for informed decision-making. Digital Engineering: digital engineering solutions that drive business transformation and create seamless, hyper-personalized customer experiences. The April 2024 acquisition will support the company's future acquisitions and further growth. It also helps NSEIT Ltd.
expand its market reach.
Primary Industry
Software
Sub Industries
Web Applications, IT Infrastructure, Accounting/Finance Software, Analytics & Performance Software
Website
www.nseit.com/
Verticals
Cloud Computing, Cloud Computing
Total Amount Raised
Subscriber access only
NSEIT Ltd. - timeline of key events
NSEIT Ltd. - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,125,939,639 | 1,226,002,393 | 1,200,126,158 | 1,435,175,970 | 1,509,616,712 | 1,837,527,000 | 2,698,882,000 | 3,762,900,000 | 3,977,899,000 | - | - | - |
| % Revenue Growth (YoY) | - | 8.9% | (2.1%) | 19.6% | 5.2% | 21.7% | 46.9% | 39.4% | 5.7% | - | - | - |
| EBITDA (USD) | 141,611,672 | 222,828,446 | 217,802,040 | 306,753,376 | 277,559,818 | 270,229,000 | 505,891,000 | 449,724,000 | 669,461,000 | - | - | - |
| Operating Income (USD) | 112,809,024 | 195,418,634 | 169,067,208 | 274,938,754 | 254,734,715 | 244,517,000 | 458,618,000 | 282,944,000 | 456,221,000 | - | - | - |
| Operating Margin | 10.0% | 15.9% | 14.1% | 19.2% | 16.9% | 13.3% | 17.0% | 7.5% | 11.5% | - | - | - |
| % EBITDA Margin | 12.6% | 18.2% | 18.1% | 21.4% | 18.4% | 14.7% | 18.7% | 12.0% | 16.8% | - | - | - |
| NET Income (USD) | 85,872,519 | 140,379,096 | 152,316,548 | 203,393,318 | 204,497,061 | 174,388,000 | 341,445,000 | 122,917,000 | 260,549,000 | - | - | - |
| % Net Margin | 7.6% | 11.5% | 12.7% | 14.2% | 13.5% | 9.5% | 12.7% | 3.3% | 6.5% | - | - | - |
NSEIT Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | NuSummit Technologies Private Limited | - |
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NSEIT Ltd. - employee data
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