NPST shares dip despite strong Q2 results, trades below previous close

opened lower at ₹1,800 on Friday, down from the previous close of ₹1,829.40, and were trading at ₹1,813.60 as of 10.35 am, marking a 0.86 per cent decline. The stock touched an intraday high of ₹1,855 with modest trading volumes of 0.02 lakh shares valued at ₹0.29 crore.

The Mumbai-based digital banking and payments technology provider reported robust second-quarter results for FY26. Revenue jumped 39 per cent quarter-on-quarter to ₹48.61 crore from ₹35.03 crore in Q1. EBITDA climbed 40 per cent to ₹15.71 crore with stable margins at 32 per cent, while net profit increased 38 per cent to ₹9.92 crore from ₹7.17 crore.

The company secured a significant contract from a large PSU bank with over 3,300 branches and 4 crore customers during the quarter. NPST expanded its Technology Service Provider operations by entering voice-based payments through UPI 123 and became among the first TSPs with a certified Banking Connect Switch.

The firm also grew its Payments Platform-as-a-Service business, adding over 10 new payment aggregators and launching Interoperable Autopay for the NBFC segment. Its Risk Intelligence Decisioning Platform achieved 90 per cent accuracy with five new fraud detection modules deployed.

NPST’s stock remains significantly below its 52-week high of ₹3,151 reached in November 2024, though well above the March 2025 low of ₹1,505.

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