Network People Services Technologies Limited (NPST) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Network People Services Technologies Limited ₹466, price ₹1,767, upside -73.6%, quality 30 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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Network People Services Technologies Limited
NPST · NSEWeakest SetupStrongly overvalued and low quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range ₹17.85 – ₹3,509 · fair‑value band ₹349.32 – ₹582.21 · the ₹1,767 price screens above the ₹465.77 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Company profile
Network People Services Technologies Limited develops payments infrastructure for banks, payment aggregators, and merchants in India.
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Network People Services Technologies Limited develops payments infrastructure for banks, payment aggregators, and merchants in India. The company offers UPI Switch that connects with National Payments Corporation of India (NPCI) infrastructure, third-party systems, and member banks to enable instant UPI transactions across P2P and P2M modes; mobile banking and digital wallet solutions; CLOU, an instant credit Access with the convenience of UPI; Immediate Payment Service; Banking SuperApp for digital banking and payment services; Bill Direct, an AI-based billing platform; PayJoy, an API-based credit enabling solution; UPI Circle that offers instant credit embedded in UPI app; UPI Lite Auto Top-up; and contextual payments with UPI. It also provides EvoK UPI Plugin, a plug-and-play solution that creates collaborative payment with partner merchants; TimePay Evok, an API based payment platform; Qynx, an offline payments as a service; TimePay Cash, which enables customers to withdraw cash; risk intelligence decisioning platform for fraud detection and management in real-time payments; and Merchant Bizz for digital transactions. In addition, the company offers business monitoring solution; and anti-money laundering, a web-based platform that detects anti-money laundering and financial fraud. Network People Services Technologies Limited was incorporated in 2013 and is based in Thane, India.
Stock analysis
Network People Services Technologies Limited (NPST) currently trades at ₹1,767, while our model-based Fair Value estimate is ₹465.77, 73.6% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹989.07 per share, and 0 of the 17 models we run sit above the ₹1,767 price.
Bear case: the Asset-Based group reads lowest at ₹141.44, and 17 of the 17 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹349.32 (bear) to ₹582.21 (bull), the price of ₹1,767 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 30/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Network People Services Technologies Limited reported revenue of ₹1.9B in FY2026 versus ₹192M in FY2022, a compound +78.4%/yr. Reported net income was ₹408M in FY2026, compounding +128.6%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹40.3B (≈ $418M) · P/E ratio 85.8 · P/S ratio 18.0 · EPS (TTM) ₹20.60 · Dividend yield 0.1% · Net margin 20.9% · Return on equity 17.2% · Return on assets (EBIT) 23.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 101% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −8% fair-value upside, at −74%, NPST screens richer than that median.
Fair Value models
All 17 models by family
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Set up alert →Quality Score breakdown
Of which business quality 33 · Market factors (momentum, volatility) 52
Revenue & earnings trend
NPST screens overvalued: fair value 74% below the price. Compare with SAP SE →
Compare Network People Services Technologies Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Application · 649 stocks
Valuation Multiplesvs Software - Application median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Information Technology sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Software - Application stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| SAP SE SAP | €186.74 | €172.46 | −8% |
| Salesforce, Inc CRM | $229.57 | $342.73 | +49% |
| Shopify Inc SHOP | $144.01 | $64.36 | −55% |
| ServiceNow, Inc NOW | $134.01 | $147.41 | +10% |
| Uber Technologies, Inc UBER | $69.36 | $103.69 | +49% |
| Snowflake Inc SNOW | $330.31 | $74.36 | −77% |
| Automatic Data Processing, Inc ADP | $261.80 | $150.01 | −43% |
| Adobe Inc ADBE | $239.94 | $454.04 | +89% |
| Datadog, Inc DDOG | $268.70 | $32.52 | −88% |
| Cadence Design Systems, Inc CDNS | $326.70 | $225.48 | −31% |
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