Network People Services Technologies Limited Receives 'A' ESG Rating with Score of 66

3 min read     Updated on 27 Mar 2026, 12:39 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Network People Services Technologies Limited has received an ESG rating of 'A' with a score of 66 from Resurgent ESG Services Private Limited, based on FY 2024-25 data. The assessment shows strong performance in governance (81.6 score) and social parameters (71.5 score), while identifying opportunities for improvement in environmental practices (23.5 score). The rating reflects the fintech company's commitment to sustainable practices, robust governance standards, and responsible business operations as it continues its growth in the digital payments sector.

powered bylight_fuzz_icon
36097753

*this image is generated using AI for illustrative purposes only.

Network People Services Technologies Limited has been awarded an ESG rating of 'A' with a score of 66 by Resurgent ESG Services Private Limited, reflecting the company's strong commitment to sustainable practices and robust governance standards. The assessment, conducted based on FY 2024-25 data, evaluates the fintech company's performance across environmental, social, and governance parameters.

ESG Rating Overview

The comprehensive ESG assessment assigned Network People Services Technologies Limited an overall score of 66, corresponding to an 'A' rating that indicates low risk and good ESG practices. The rating was communicated to the company through an official letter dated March 25, 2026, and subsequently disclosed to stock exchanges on March 26, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Parameter: Weightage Score
Environmental: 20% 23.5
Social: 40% 71.5
Governance: 40% 81.6
Final Score: 100% 66.0

Performance Across ESG Parameters

Governance Excellence

Governance emerged as the strongest pillar in NPST's ESG assessment with a score of 81.6. The company benefits from active board engagement, strong independent director representation on key committees, and transparent disclosures. The appointment of a reputed Big-6 audit firm following main-board listing further strengthens audit quality and regulatory alignment. Management practices are supported by regular earnings calls, whistle-blower mechanisms, anti-corruption disclosures, and Directors' and Officers' insurance.

Social Performance Highlights

The social parameter achieved a score of 71.5, reflecting positive workforce practices and customer responsibility measures. Key highlights include:

  • Improving gender diversity with women employees increasing from 20.90% in FY 2023-24 to 27.16% in FY 2024-25
  • Comprehensive employee insurance coverage and statutory benefits
  • Employee well-being expenditure of ₹4.81 crore in FY 2024-25, equivalent to 2.67% of total revenue
  • 100% return-to-work and retention rates post-parental leave
  • Zero reported workplace safety incidents
  • Established grievance mechanisms and quality management certification

Environmental Management

The environmental score of 23.5 reflects the company's office-based operations and efficient resource management. Despite business expansion leading to increased energy consumption from 350.23 GJ in FY 2022-23 to 649.23 GJ in FY 2024-25, the company achieved a significant 61.7% improvement in energy intensity per rupee of turnover. The company has implemented comprehensive policies covering energy efficiency, water management, and waste reduction.

Company Profile and Operations

Network People Services Technologies Limited is a listed financial technology company based in India, aligned with the Make in India initiative. The company provides UPI and digital banking solutions as both a Technology Service Provider (TSP) and a Payment Platform-as-a-Service (PPaaS) provider. The company successfully migrated from the SME Platform of NSE to the Main Board of both NSE and BSE Limited, effective from April 30, 2025.

Rating Methodology and Assessment

Resurgent ESG Services Private Limited conducted the assessment using their proprietary methodology, evaluating the company's performance based on annual reports, Business Responsibility & Sustainability Report (BRSR), sustainability reports, and relevant policies. The rating reflects a comprehensive evaluation of the company's environmental impact, social responsibility initiatives, and governance practices.

Rating Scale: Score Range Risk Level
A+: 70+ Minimal Risk
A: 60-70 Low Risk
B+: 40-59 Moderate Risk
B: 30-39 Elevated Risk
C: <30 High Risk

Areas for Enhancement

While achieving a strong 'A' rating, the assessment identified opportunities for further improvement. These include gradual increase in renewable energy use, enhanced outcome-oriented metrics for customer experience, and progressive introduction of a dedicated Board-level ESG committee. The company can also strengthen technology-enabled compliance monitoring and comprehensive SEBI LODR website disclosures.

This ESG rating achievement demonstrates Network People Services Technologies Limited's commitment to sustainable business practices and positions the company favorably among ESG-conscious investors and stakeholders in the rapidly evolving fintech sector.

Source: None/Company/INE0FFK01017/9596158e-49fd-4c0a-91f5-6eb065f6b522.pdf

Historical Stock Returns for Network People Services Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.05%-1.67%-3.32%-41.68%-52.23%+1,382.48%

How will NPST's 'A' ESG rating impact its ability to attract ESG-focused institutional investors and potentially improve its stock valuation?

What specific renewable energy initiatives might NPST implement to improve its environmental score from 23.5 in future ESG assessments?

Could NPST's strong governance score of 81.6 position it as an acquisition target for larger fintech players seeking ESG-compliant portfolio companies?

Network People Services Tech
View Company Insights
View All News
like17
dislike

Network People Services Tech: Secures UPI Switch Contract From Major Cooperative Bank Through Bank-In-A-Box Platform

1 min read     Updated on 17 Mar 2026, 08:46 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Network People Services Technologies Limited has secured its first strategic UPI Switch mandate from a large cooperative bank through its Bank-in-a-Box platform. This plug-and-play SaaS solution enables the cooperative bank to enter the UPI merchant acquiring ecosystem while generating recurring multi-year revenue for NPST.

powered bylight_fuzz_icon
35287349

*this image is generated using AI for illustrative purposes only.

Network People Services Technologies Limited has secured a strategic mandate from a large cooperative bank to deploy its flagship UPI Switch infrastructure, marking a significant milestone in the company's Bank-in-a-Box platform expansion. The announcement was made through a press release dated March 16, 2026, and formally communicated to stock exchanges on March 17, 2026.

Strategic Mandate Details

This engagement represents NPST's first order under its Bank-in-a-Box offering within the UPI solutions suite. The platform is delivered through a plug-and-play model that enables banks to rapidly deploy scalable, enterprise-grade payment infrastructure without large upfront investments, while allowing NPST to generate recurring multi-year SaaS-based revenue.

Parameter: Details
Platform: Bank-in-a-Box UPI Switch
Client Type: Large Cooperative Bank
Delivery Model: Plug-and-play SaaS
Revenue Type: Recurring multi-year SaaS-based

Market Impact and Benefits

Through this deployment, the cooperative bank will be equipped to enter the UPI merchant acquiring ecosystem. This capability will enable the bank to expand digital payment acceptance across its merchant network while unlocking new revenue streams and strengthening digital engagement with its member communities.

"Cooperative banks are a critical pillar of India's community banking ecosystem, and their participation is essential to deepening digital payment acceptance at the grassroots level," said Deepak Chand Thakur, Co-Founder and CEO, NPST. He added that NPST's Bank-in-a-Box platform removes the technology barriers that have historically limited cooperative banks' participation in the digital payments ecosystem.

Bank-in-a-Box Platform Features

Launched last year, NPST Bank-in-a-Box is a ready-to-deploy digital banking platform designed to help small, mid-sized, and cooperative banks accelerate digital transformation. The comprehensive platform includes:

  • Digital payments processing with merchant acquiring capabilities
  • Offline channels support (QR, Soundbox)
  • Online channels integration (Pay-in, Payout, and Interoperable Autopay)
  • AI-powered fraud monitoring capabilities for merchant risk management
  • Omnichannel Banking SuperApp offering 400+ services

Company Performance Metrics

NPST, incorporated in 2013 and listed on both NSE and BSE, operates as a Technology Service Provider (TSP) and Payment Platform as a Service Provider (PaaS). The company currently supports 100+ customers and processes 50+ million transactions daily, serving banks, fintechs, and other industry players across the financial value chain.

Historical Stock Returns for Network People Services Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.05%-1.67%-3.32%-41.68%-52.23%+1,382.48%

How many additional cooperative banks is NPST targeting to onboard through its Bank-in-a-Box platform over the next 12-18 months?

What impact will this cooperative bank partnership have on NPST's transaction processing volumes and revenue growth trajectory?

Could this successful deployment lead to regulatory endorsement or preferential treatment for NPST's solutions among India's 1,500+ cooperative banks?

Network People Services Tech
View Company Insights
View All News
like15
dislike

More News on Network People Services Tech

1 Year Returns:-52.23%