NPST FY26 profit falls, declares ₹2 dividend

1 min read Updated on 30 May 2026, 09:50 AM

Reviewed by

Suketu GScanX News Team

AI Summary

Network People Services Technologies Limited reported a decline in consolidated profit for FY26 to ₹4,082 lakh from ₹4,520 lakh in FY25, while revenue rose to ₹20,939 lakh. The board recommended a final dividend of ₹2 per share.

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

Network People Services Technologies Limited reported a decline in consolidated profit for the financial year ended March 31, 2026, while its board recommended a final dividend. The company's consolidated profit for the period stood at ₹4,082 lakh, a decrease from ₹4,520 lakh in the previous year. Consolidated revenue from operations for FY26 rose to ₹20,939 lakh from ₹18,062 lakh in FY25. The board has recommended a final dividend of ₹2 per equity share of face value ₹10 each, subject to shareholder approval.

The board met on May 28, 2026, to approve the audited standalone and consolidated financial results. Statutory auditors M/s Singhi & Co. issued an unmodified opinion on the results. The meeting also addressed corporate governance matters, including the re-appointment of M/s RVA & Associates LLP as Internal Auditor for FY 2026-27 and the approval of the Amended Nomination and Remuneration Policy.

The board took note of the resignation of Mr. Abhishek Mishra as Independent Director effective April 1, 2026. Consequently, it appointed Mr. Vijay Kumar Singh as an Additional Director (Independent) for a term of five years, effective May 28, 2026. A postal ballot notice was approved to seek shareholder approval for his appointment. The board also reconstituted the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee.

Operational highlights include the allotment of 12,850 equity shares pursuant to the exercise of stock options under the NPST Employee Stock Option Plan 2023. The company also approved the Statement of Deviation for the quarter ended March 31, 2026, and took note of the Annual Secretarial Compliance Report for FY26. There were no investor complaints pending, received, or disposed of during the quarter.

Financial Metric (Consolidated)	FY26 (₹ in Lakhs)	FY25 (₹ in Lakhs)
Revenue from operations	20,939	18,062
Total Income	20,939	18,062
Total Expenses	15,433	12,027
Profit for the period	4,082	4,520
Basic EPS (₹)	20.58	23.31

The company's standalone profit for FY26 was ₹4,106 lakh, compared to ₹4,520 lakh in the previous year. Standalone revenue increased to ₹19,417 lakh from ₹17,312 lakh. The trading window for dealing in the company's securities will remain closed for designated persons until 48 hours after the declaration of the audited financial results.

Historical Stock Returns for Network People Services Tech

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.54%	+4.75%	+59.57%	+17.96%	-15.24%	+2,039.76%

What strategic initiatives will NPST undertake to reverse the decline in profit margins despite the increase in revenue?

How will the recent management changes, including the appointment of Mr. Vijay Kumar Singh, influence the company's corporate governance and strategic direction?

What are the growth drivers expected to sustain the revenue momentum into FY27?

Deployment Details Across the Three Banks

The three orders carry distinct deployment configurations, as outlined below:

Parameter:	Details
Bank 1 Deployment:	Acquiring switch + Qynx
Bank 2 Deployment:	Qynx only
Bank 3 Deployment:	Qynx only
Revenue Model:	Recurring, multi-year per bank
Platform Type:	SaaS subscription

Qynx is NPST's flagship offline acquiring platform. It handles the full stack of offline merchant payment acceptance—from QR and Soundbox processing to device shipment, logistics, monitoring, and field support—giving banks the operational infrastructure to run offline merchant acquiring without building it themselves.

Bank-in-a-Box: A Full-Stack SaaS Platform

NPST's Bank-in-a-Box is a full-stack banking and payments platform delivered as a SaaS subscription. The platform is designed to allow cooperative banks to deploy services in weeks without the capital outlay of building infrastructure in-house. Key capabilities of the platform include:

UPI, IMPS, and Banking Connect (IBMB) processing
Online and offline merchant acceptance
AI-driven fraud monitoring
Omnichannel SuperApp with over 400 banking services

Leadership Commentary

Commenting on the development, Deepak Chand Thakur, Co-Founder and CEO of NPST, said: "India's cooperative banking sector serves millions of customers, yet most lack access to modern digital banking and payments infrastructure as the economics of building it never worked in their favour. Bank-in-a-Box, a SaaS-based distribution model, puts an enterprise-grade platform in the hands of any cooperative bank, allowing them to deploy services in weeks and unlock new revenue streams."

Strategic Significance

These wins are expected to strengthen NPST's long-term recurring revenue pipeline and support sustained growth. NPST operates as a Technology Service Provider (TSP), a Payment Platform-as-a-Service (PaaS) provider, and an AI-Powered RegTech solution, serving banks, fintechs, and financial institutions across the payments value chain. The company was founded in 2013 and is based in India.

Historical Stock Returns for Network People Services Tech

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.54%	+4.75%	+59.57%	+17.96%	-15.24%	+2,039.76%

How quickly could NPST scale Bank-in-a-Box across India's 1,500+ cooperative banks, and what is the realistic total addressable market in annual recurring revenue?

Could NPST's SaaS model for cooperative banks attract interest from small finance banks or regional rural banks, potentially expanding beyond the cooperative sector?

As NPST grows its offline merchant acquiring footprint through Qynx, how might it compete with established players like Pine Labs or Razorpay in the merchant payments space?