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Network People Services Technologies Limited Investor Presentation 2026
59552_rns_2026-05-28_60a9ecd0-edcc-466a-8b4e-ce622f35d2b3.pdf
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NPST
Innovation in every byte
Network People Services Technologies Ltd.
427/428/429, A-Wing, NSIL, Lodha Supremus II,
Near New Passport office, Road No. 22,
Wagle Industrial Estate, Thane (W) – 400604
Tel.: +91 22 61482100 | www.npstx.com
ISIN: INE0FFK01017
Date: 28.05.2026
To,
The National Stock Exchange of India Limited, Exchange Plaza, NSE Building, Bandra Kurla Complex, Bandra East, Mumbai-400 0513 Fax: 022-26598237, 022-26598238
SYMBOL: NPST
BSE Limited
Corporate Relationship Department
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400 001
Scrip Code: 544396
Subject: Analysts/Investors’ Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Respected Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the presentation on the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended on March 31, 2026.
The presentation is also being uploaded on the website of the Company i.e. www.npstx.com
Kindly take the same on your record.
For Network People Services Technologies Limited
Chetna Avinash Chawla
Digitally signed by
Chetna Avinash Chawla
Date: 2026.05.28
19:50:52 +05'30'
Chetna Chawla
Company Secretary and Compliance Officer
Membership No. A64291
Reg Office: 427/428/429, A-Wing, NSIL, Lodha Supremus II, Near New Passport office, Road No. 22, Wagle Industrial Estate, Thane (W) – 400604. • CIN No : L74110MH2013PLC248874
NPST
Innovation in every byte
FY26 Snapshot
A Year of Transformation, Fundamentals and De-risking
→
Agenda
- NPST-Business Landscape
- FY 2025-26 Progress
- FY 2026 Q4 Business Update
- Financial Highlights – FY 2025-26
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com | 02
NPST Innovation in every byte
→
Business Landscape
Market presence, trends, growth opportunities and NPST product fitment
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com | 03
NPST
Innovation in every byte
NPST: Driving Innovation in PayTech
Industry Expertise & Innovation
Over a decade of experience delivering cutting-edge technology
- 12 years in business
- 20+ banks
- 100+ customers
- 60 M daily transactions
Comprehensive Suite of Solutions
Integrated banking and payment products for:
- Central Bank/Authority
- Banks
- Third-Party Application Providers (TPAP)
- Payment Aggregators
- Fintech
- NBFC
- Enterprises
Empowering Modern Payments
Modernizing payment infrastructure - driving innovation and efficiency
- Technology Service Provider (TSP)
- Payments Platform as a Service
- AI-based RegTech
Enhanced Business Value
Leverage wide experience to enable customers tap new value pools
- Improve cost and revenue efficiency for customers
- Building new monetization models
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
Business Verticals
NPSST
Innovation in every byte
Technology Service Provider (TSP)
A payment software partner for banks and fintech, enabling a compliant transaction processing engine. Also providing next-generation banking, payment, infrastructure, and software services across multiple segments.
Products: UPI | IMPS | CBDC | Banking Connect | BBPS | UPI 123 Pay | Omnichannel SuperApp | Bank-in-a-Box | Software Services
Revenue Model: Licensed/SaaS
Payments Platform-as-a Service (PPaaS)
Enables banks and fintech to launch and manage payment services end-to-end, from acquisition to settlement.
Products: Online Merchant Acquiring (Evok 3.0) | QR and Soundbox Solutions (Qynx) | Merchant Management System | Bharat Connect B2B | Merchant Orchestration
Revenue Model: Pay per use (SaaS Model)
RegTech
Provides fraud management across the transaction lifecycle, from pre-transaction to post-transaction.
Products: Risk Intelligence Decisioning Platform (RIDP) | Online Dispute Resolution (ODR) | Fraud Risk Management (FRM)
Revenue: Pay per use (SaaS Model)
© 2026 I Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPST Innovation in every byte
Market trends shaping our opportunity
Fueled by regulation, macro-economics and technology trends
NPSST
Innovation in every byte
Levers of Growth: Beyond Payments
New product offering and target segments
| Payment Processing | Product | Market & Segments | Total Annual Market |
|---|---|---|---|
| Evok 4.0, BBPS, Digital Currency | Banks, PAs, TPAPs, Fintechs NBFCs | Market: $8 B | |
| CAGR: ~22% | |||
| Payment Devices | Qynx QR and SoundBox | Banks, PAs | Market: $4 B |
| CAGR: ~12.63% | |||
| RegTech | Risk Intelligence Decisioning Platform | Banks, PAs, Regulators, Merchants | Market: $1.9 B* |
| CAGR: ~32% | |||
| Digital Lending- UPI | Instant Credit /B2C & B2B | Banks, Pas, ERP Players, Merchants | Market: $22 B |
| CAGR: ~192% |
NPST’s Growth Vision is to Achieve 2x Market Growth Rate by 2030
www.npstx.com | 07
NPS
Innovation in every byte
Our Products at Glance
| Banking & Payments | Customer Experience | Merchant Acquiring | Regulatory Technologies | Payment & Security Devices |
|---|---|---|---|---|
| • Real Time Payments | ||||
| • Central Bank Digital Currency | ||||
| • Internet and Mobile Banking | • Omnichannel Super App | |||
| • Bank in Box | ||||
| • Decentralized open e-commerce | • Online and Offline Merchant Payment Acceptance | |||
| • Merchant Management System | ||||
| • Third Party App Provider | ||||
| • Payment Orchestration | • Risk Intelligence Decisioning Platform | |||
| • Bot Defense | ||||
| • Online Dispute Resolution | ||||
| • Enterprise Fraud Risk Management | • Hardware Security Module | |||
| • Soundbox | ||||
| • Smart PoS | ||||
| • Micro ATM | ||||
| • Load Balancer |
www.npstx.com
NPST Innovation in every byte
→
FY2025-26: A Year of Restructuring Fundamental Values
Rebuilding Scalable Growth Engine
© 2026 | Network People Services Technologies Ltd | All Rights reserved
NPST
Innovation in every byte
Strategic Transformation & Business De-risking
| Regulatory De-risking | Reduced concentrated dependency on Evok, materially lowering single-partner and India-specific regulatory exposure. |
|---|---|
| Revenue Model Evolution | Recognized early the monetization limitations of India's UPI ecosystem, where MDR/interchange economics remain constrained despite rapid volume growth. Pivoted toward interoperable payment infrastructure for international markets where fee-based economics are structurally embedded. |
| Organizational Resilience | Successfully rebuilt the business over two years, demonstrating execution discipline, adaptability, and operational resilience. |
| Strategic Upside Unlocked | Emerged with next-generation payment products, growing international traction, structurally stronger margins, and diversified scalable revenue streams. |
| Improvisation in Business Matrix | Considering the nature of TSP business having longer credit period, target to improve payment terms and business mix from FY27. |
| Improve Revenue per employee matrix by 300%+ in next 3 years |
Outcome: A structurally stronger and future-ready payments platform with lower regulatory dependency, improved monetization potential, and stronger long-term operating leverage.
© 2026 / Network People Services Technologies Ltd / All Rights reserved
www.npstx.com
Business Verticals
© 2026 I Network People Services Technologies Ltd | All Rights reserved
www.npstx.com | 12
NPST
Innovation in every byte
Strengthened TSP to Improve Business Model
FY 2024-25
- License Model
- Limited Banks/Enterprises in the ecosystem
- Prolonged business conversion timelines
- Longer Payment terms
FY 2025-26
Launched Bank in a Box
- Revenue Model: Recurring Subscription
- Quick Sales Cycle
- Addressable Market: 1200+ Banks
Launched TSP International
- Demand for Real-time/Fast payments solutions
FY 2027
SaaS
- Faster GTM
- Higher Acquisition Target
- Efficiency in execution
- New product launches
- Improved payment cycle
International
- Acquire new market
- Generate Business Volume
- Launch India Stack
FY 2027-29
| IMPACT- Ability to Acquire High Volume Target Audience | Improved Margin with SaaS and International Presence |
|---|---|
| Year | FY 2025 |
| Business Contribution | 30-35% |
| Margin | Low |
| SaaS Subscription | - |
| International Market | - |
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPST
Innovation in every byte
Revamping PPaaS for International Opportunities
FY 2024-25
- High margin ecosystem
- High regulatory uncertainty
- High ecosystem uncertainty
FY 2025-26
Revamped PPaaS Business
- Reduced exposure to regulatory and market uncertainty by redesigning products and processes.
- Launched merchant orchestration
Launched PPaaS International
- Compliant with global norms
- Redesigned for international market fit
FY 2026-27
PPaaS Domestic
- Adding new market segments
- Scope to improve margin
- Redefined products for banks
- Adding new business segments
PPaaS International
- Replicate India Stack in the global market
- Generate high-margin volumes
FY 2027-29
| IMPACT- Ability to Acquire New to Market Segment with Improved Margin | Replicate India Stack & Acquire International Clients |
|---|---|
| Year | FY 2025 |
| Business Contribution | 65-70% |
| Margin | High |
| Merchant Orchestration | - |
| International Market | - |
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPSST
Innovation in every byte
Pivot into AI-led Opportunities through RegTech
FY 2024-25
- Identified a gap in the payment ecosystem
- Committed investment in RegTech
- Vision to venture into AI-tech-led product - Risk Intelligence Decisioning Platform (RIDP)
FY 2025-26
Launched AI-Risk Intelligence
- Invested in product design and development as Indian regulatory compliance
- Gained first mover advantage in the industry
Global Demand
- Identified global demand for AI-based Risk Intelligence for the merchant acquiring ecosystem.
FY 2026-27
RegTech Domestic
- Bagged an order from one of the largest PSU banks in the country
- Building an enterprising licensing model for mid to small-sized banks
RegTech International
- Launching global licensing practice for RIDP
- Expecting new business opportunities
FY 2027-29
IMPACT - Generate High Margin Business with AI-based Product | Venture in New Domain (RegTech) with First Mover Advantage
| Year | FY 2025 | FY 2026 | FY 2027 E | FY 2028 E | FY 2029 E |
|---|---|---|---|---|---|
| Business Contribution | - | - | 5-8% | 10-15% | 20-30% |
| Margin | High - Very High | ||||
| Domestic Market | - | - | 10+ Clients | 20+ Clients | 50+ Clients |
| International Market | - | - | 2+ Projects | 10+ Projects | 15+ Projects |
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com | 15
NPST
Innovation in every byte
International Road Map
Building a globally scalable payments and digital infrastructure platform with recurring SaaS and transaction-linked revenue streams, stronger monetization economics, and increasing international revenue contribution.
TSP
Exporting India's digital payments and banking infrastructure playbook to international markets.
Launched a fully configurable digital banking solution requiring minimal customer-side development effort, enabling faster deployment and scalability.
| Business Contribution (Est) | |||
|---|---|---|---|
| Margin | FY 27 | FY 28 | FY 29 |
| High | 10-15% | 15-20% | 25-30% |
PPaaS
Re-architected Evok for global markets with monetisation models aligned to MDR and interchange-based ecosystems, unlike India's zero-MDR UPI framework.
Signed engagements in the Middle East and Asia.
| Business Contribution (Est) | |||
|---|---|---|---|
| Margin | FY 27 | FY 28 | FY 29 |
| Very High | 5-8% | 8-10% | 10-15% |
RegTech
Stronger demand for AI-based Risk Engine in the global market.
This demand is led by the product design through a complex payment ecosystem in India.
| Business Contribution (Est) | |||
|---|---|---|---|
| Margin | FY 27 | FY 28 | FY 29 |
| Very High | - | - | 5-10% |
Estimated Contribution from International Business (in %)
© 2026 | Network People Services Technologies Ltd | All Rights reserved
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NPST
Innovation in every byte
Business contribution and Margin Journey
| Business | Vertical | Revenue Model | FY 2024-26 Margin | FY 25 Revenue Contribution | FY 26 Revenue Contribution | FY 27+ Margin | FY 27 Business Contribution | FY 28 Business Contribution | FY 29 Business Contribution |
|---|---|---|---|---|---|---|---|---|---|
| TSP | Domestic | Licensed/ SaaS | Low | 10-15% | 90-95% | Low-Medium* (SaaS Uplift) | 65-70% | 50-60% | 30-40% |
| International | Licensed/ SaaS | High | - | - | High | 10-15% | 15-20% | 25-30% | |
| Payments Platform | Domestic | SaaS | High | 85-90% | 5-10% | Medium (Industry Impact) | 2-5% | 2-5% | 2-5% |
| International | SaaS | Very High | - | - | Very High | 5-8% | 8-10% | 10-15% | |
| RegTech | Domestic | SaaS | High | - | - | High | 5-8% | 10-15% | 15-20% |
| International | SaaS | Very High | - | - | Very High | - | - | 5-10% |
Above estimates are approximate numbers to understand the growth trajectory
*In FY 2026, NPST invested in a SaaS-based “Bank in a Box” model to improve margin from “low” to “medium” in TSP Domestic. It will reflect the incremental margin impact in next three years.
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPSST Innovation in every byte
Expected Business Growth with Margin Impact
Expected Business Growth for the next 3 years (~70% CAGR)
Business Contribution as per Margin (in %)
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPST
throughout in every style
Key Initiatives Undertaken During FY26
- Raised Rs 300 crore from Tata Mutual Funds
- Business acquisition plans for international expansion
- Identifying opportunities in TSP, RegTech, Lending and Al-tech Services
- Adopted AI-based development processes
- Enhanced release velocity and faster product deployment cycles
- Resource consolidation due to AI-adoption and margin pressure from the market
- Strengthen Acquisition Team
- Resulting in a stronger and more diversified business funnel
- Dedicated team for international business acquisition
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com | 19
NPST: AI Strategy
NPST
Innovation in every byte
Optimization of Organization resources
AI led development journey to fast -rack delivery by ~50%
Development cost improvement to intake additional business by ~1.5X from FY 25
Enhancement and optimization of support departments through AI led process to improve efficiency by ~30%
Product Led Growth
AI product developed in RegTech to deliver revenue in FY27 (Bagged order book)
AI led modules to be developed in existing product scope to monetize on demand in AI led digital payments in FY27
Build new solutions on AI modules for higher efficiency by at least 40% to deliver greater value in international market
© 2026 I Network People Services Technologies Ltd | All Rights reserved
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NPST Innovation in every byte
Business Updates Q4-FY26
Increase in order book
NYST
Innovation in every byte
FY 26 Q4: Business Progress
Bank in a Box:
Bagged three orders from the cooperative bank and SFB
Payment Devices:
Captured market share in Maharashtra with six cooperative banks in Q4.
Payment Security Devices:
Continued order win in this segment with one account in PSU.
RegTech
Won implementation order from a central payment body for international account
© 2026 | Network People Services Technologies Ltd | All Rights reserved
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NPST
Innovation in every byte
FY 26 Q4: Business Progress
Merchant Orchestration:
Launched and bagged an order after the PPaaS revamp from a Govt body
Banking Connect:
Strengthened position with one PSU order
IoT Payments
Piloting payments through IoT with first order from a fintech
RegTech (RIDP)
Bagged one of the first and the largest orders from a PSU Bank for Merchant Risk Underwriting
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPST Innovation in every byte
→
Financial Highlights – FY26
Providing digital technology across financial value chain
NPST
Innovation in every byte
Q4 FY26 Consolidated Key Financial Highlights
Revenue
Total Income grew from ₹28.11 Cr → ₹68.46 Cr in just 4 quarters (~2.4x)
EBITDA
Nearly doubled from ₹10.51 Cr → ₹19.26 Cr
Net Profit
Grew ~2x from ₹6.01 Cr → ₹12.24 Cr
© 2026 | Network People Services Technologies Ltd | All Rights reserved
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NPST Innovation in every byte
Q4 FY26 Consolidated Key Financial Highlights
All Figures In ₹ Cr & Margin in %
| Particulars | Q4FY26 | Q3FY26 | QoQ (% Change) | Q4 FY25 | YoY (% Change) |
|---|---|---|---|---|---|
| Total Income | 68.46 | 57.17 | 19.75% | 28.11 | 143.51% |
| EBITDA | 19.46 | 18.74 | 3.85% | 10.51 | 85.27% |
| EBITDA (%) | 28.43% | 32.78% | 37.37% | ||
| Net Profit | 12.24 | 11.54 | 6.06% | 5.22 | 134.31% |
| Net Profit (%) | 17.88% | 20.19% | 18.58% | ||
| Diluted EPS (₹) | 6.17 | 5.92 | 4.24% | 2.69 | 128.99% |
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPST Innovation in every byte All Figures In ₹ Cr & Margin in %
Q4 FY26 Consolidated Results Highlights
| Particulars | Q4FY26 | Q3 FY26 | QoQ (% Change) | Q4FY25 | YoY (% Change) |
|---|---|---|---|---|---|
| Revenues | 61.98 | 52.62 | 26.35 | ||
| Other Income | 6.48 | 4.55 | 1.76 | ||
| Total Income | 68.46 | 57.17 | 19.75% | 28.11 | 143.51% |
| Project expenses | 34.35 | 22.32 | 6.10 | ||
| Employee costs | 10.03 | 11.01 | 9.11 | ||
| Other expenses | 4.62 | 5.10 | 2.40 | ||
| Total Expenditure | 49.00 | 38.43 | 17.61 | ||
| EBITDA | 19.46 | 18.74 | 3.85% | 10.51 | 85.27% |
| EBITDA % | 28.43% | 32.78% | 37.37% | ||
| Finance Costs | 0.35 | 0.19 | 0.18 | ||
| Depreciation | 3.18 | 2.57 | 2.06 | ||
| PBT | 15.93 | 15.99 | 8.27 | ||
| Tax | 3.69 | 4.44 | 3.04 | ||
| Net Profit | 12.24 | 11.54 | 6.06% | 5.22 | 134.31% |
| Net Profit % | 17.88% | 20.19% | 18.58% | ||
| Diluted EPS (₹) | 6.17 | 5.92 | 4.24% | 2.69 | 128.99% |
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPSO
NORTHERN EUROPEAN SCHOOL OF SCIENCES
FY26 Reflection of Strong Operating Leverage and a Scalable Business Model
Revenue
₹19.56 Cr (FY22) → ₹209.40 Cr (FY26)
4-Year CAGR: ~81%
10.7x growth in 5 years
EBITDA
₹3.82 Cr (FY22) → ₹65.13 Cr (FY26)
4-Year CAGR: ~103%
Net Profit
₹1.49 Cr (FY22) → ₹40.82 Cr (FY26)
4-Year CAGR: ~128%
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com | 28
NPST Innovation in every byte
FY26 Consolidated Key Financial Highlights
All Figures In ₹ Cr & Margin in %
| Particulars | FY 2025 | FY 2026 |
|---|---|---|
| Total Income | 180.62 | 209.40 |
| EBITDA | 67.58 | 65.13 |
| EBITDA (%) | 37.41% | 31.10% |
| Net Profit | 45.20 | 40.82 |
| Net Profit (%) | 25.03% | 19.49% |
| Diluted EPS (₹) | 23.27 | 20.58 |
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPST
Innovation in every byte
All Figures In ₹ Cr & Margin in %
FY26 Consolidated Results Highlights
| Particulars | FY 2025 | FY 2026 |
|---|---|---|
| Revenues | 173.21 | 194.90 |
| Other Income | 7.41 | 14.49 |
| Total Income | 180.62 | 209.40 |
| Project expenses | 56.23 | 87.78 |
| Employee costs | 44.53 | 41.04 |
| Other expenses | 12.29 | 15.44 |
| Total Expenditure | 113.04 | 144.26 |
| EBITDA | 67.58 | 65.13 |
| EBITDA % | 37.41% | 31.10% |
| Finance Costs | 0.34 | 0.91 |
| Depreciation | 6.88 | 9.16 |
| PBT | 60.35 | 55.06 |
| Tax | 15.15 | 14.24 |
| Net Profit | 45.20 | 40.82 |
| Net Profit % | 25.03% | 19.49% |
| Diluted EPS (₹) | 23.27 | 20.58 |
© 2026 | Network People Services Technologies Ltd | All Rights reserved
www.npstx.com
NPSST
Innovation every 5yfe
Thank You!