Network People Services Technologies Ltd
NSE:NPST
Network People Services Technologies Ltd
Network People Services Technologies Ltd. engages in the provision of digital payment solutions. The company is headquartered in Thane, Maharashtra and currently employs 333 full-time employees. The company went IPO on 2021-08-10. The company operates as NPCI Approved Merchant PSP digitizing Merchant acquiring space under the brand name of TimePay. The company is engaged in providing its services under two verticals: Technology Service Provider (TSP) and Third-Party Payment Application provider (TPAP). The firm serves banks and financial institutes, being their TSP, enabling them through a host of solutions for digital payments, such as mobile banking, IMPS, Bhim UPI, and Wallet platform. Its TPAP provides solutions encompasses digital platform supporting transactions for Merchants to transact and operate in the digital ecosystem. The company is also in the business of providing smart transaction and merchant management solution for micro, small and medium enterprise.
Network People Services Technologies Ltd. engages in the provision of digital payment solutions. The company is headquartered in Thane, Maharashtra and currently employs 333 full-time employees. The company went IPO on 2021-08-10. The company operates as NPCI Approved Merchant PSP digitizing Merchant acquiring space under the brand name of TimePay. The company is engaged in providing its services under two verticals: Technology Service Provider (TSP) and Third-Party Payment Application provider (TPAP). The firm serves banks and financial institutes, being their TSP, enabling them through a host of solutions for digital payments, such as mobile banking, IMPS, Bhim UPI, and Wallet platform. Its TPAP provides solutions encompasses digital platform supporting transactions for Merchants to transact and operate in the digital ecosystem. The company is also in the business of providing smart transaction and merchant management solution for micro, small and medium enterprise.
Strong Revenue Growth: Q3 FY '26 total income was INR 57.17 crores, up 17.46% from last quarter and 145% year-on-year.
Profitability Rebounds: PAT reached INR 11.5 crores, rising 17.28% quarter-on-quarter and 124% year-on-year; EBITDA jumped 20% over last quarter.
Margins Impacted: EBITDA margin fell by 300–400 basis points despite revenue growth, mainly due to business mix and higher operational costs.
Spillover Affects Guidance: Some deals shifted to Q4, explaining why revenue missed prior guidance and the anticipated "best quarter" did not materialize.
Business Model Shift: Company is moving from license-heavy to more SaaS and subscription-based revenue, expected to boost margins.
International & Product Expansion: Entering new markets and launching RegTech, PPaaS, and AI-based products, with global deals expected in next 2 quarters.
No Specific Guidance: Management declined to issue precise Q4 or full-year guidance but expects continued upward revenue trend.
Compliance Clarified: INR 3.18 crores flagged by monitoring agency was used for operational expenses and not misused; company remains SEBI-compliant.
