Ironwood Education Ltd

About [ edit ]

Greycells Education is engaged in the business of Vocational education in Media, Entertainment and Sports Management.

  • Market Cap 25.4 Cr.
  • Current Price 32.1
  • High / Low 34.3 / 18.0
  • Stock P/E
  • Book Value 21.2
  • Dividend Yield 0.00 %
  • ROCE -4.57 %
  • ROE -6.37 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.97% over past five years.
  • Company has a low return on equity of -8.58% for last 3 years.

Peer comparison

Sector: Education Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
2.00 1.28 1.03 1.82 1.62 1.36 0.88 1.62 1.72 1.15 0.10 0.68
2.46 2.01 2.03 1.87 2.87 1.65 1.75 1.62 1.68 1.23 0.88 0.76
Operating Profit -0.46 -0.73 -1.00 -0.05 -1.25 -0.29 -0.87 0.00 0.04 -0.08 -0.78 -0.08
OPM % -23.00% -57.03% -97.09% -2.75% -77.16% -21.32% -98.86% 0.00% 2.33% -6.96% -780.00% -11.76%
Other Income 0.12 0.10 0.11 0.07 0.01 0.08 0.54 0.08 0.02 0.08 0.06 0.02
Interest 0.00 0.00 0.00 0.00 0.06 0.04 0.03 0.13 0.08 0.06 0.08 0.09
Depreciation 0.14 0.01 0.01 0.01 0.01 0.04 0.13 0.14 0.14 0.13 0.13 0.13
Profit before tax -0.48 -0.64 -0.90 0.01 -1.31 -0.29 -0.49 -0.19 -0.16 -0.19 -0.93 -0.28
Tax % 0.00% 0.00% 0.00% 100.00% 0.00% -17.24% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -0.49 -0.64 -0.91 0.01 -1.31 -0.34 -0.50 -0.18 -0.16 -0.19 -0.96 -0.30
EPS in Rs -0.62 -0.81 -1.15 0.01 -1.66 -0.43 -0.63 -0.23 -0.20 -0.24 -1.21 -0.38

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
4.89 7.68 9.17 8.76 8.70 9.69 8.01 7.60 7.10 7.31 5.75 5.58 3.65
6.50 7.31 10.22 9.49 8.60 9.63 7.70 7.69 8.53 8.97 8.79 6.77 4.55
Operating Profit -1.61 0.37 -1.05 -0.73 0.10 0.06 0.31 -0.09 -1.43 -1.66 -3.04 -1.19 -0.90
OPM % -32.92% 4.82% -11.45% -8.33% 1.15% 0.62% 3.87% -1.18% -20.14% -22.71% -52.87% -21.33% -24.66%
Other Income -4.16 -0.12 -3.90 0.22 0.07 0.67 0.82 0.87 0.80 0.44 0.30 0.72 0.18
Interest 0.00 0.02 0.08 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.06 0.20 0.31
Depreciation 0.38 0.33 0.62 0.60 0.56 0.16 0.20 0.15 0.16 0.18 0.04 0.45 0.53
Profit before tax -6.15 -0.10 -5.65 -1.11 -0.41 0.57 0.93 0.63 -0.79 -1.40 -2.84 -1.12 -1.56
Tax % -0.81% 100.00% 0.88% 5.41% 31.71% -12.28% -1.08% 9.52% 2.53% -4.29% -0.35% -5.36%
Net Profit -6.20 0.00 -5.51 -0.87 -0.26 0.58 0.93 0.56 -0.77 -1.46 -2.85 -1.18 -1.61
EPS in Rs -10.33 0.00 -9.17 -1.45 -0.43 0.97 1.18 0.71 -0.97 -1.85 -3.60 -1.49 -2.03
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years:-3%
5 Years:-7%
3 Years:-8%
TTM:-33%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:-22%
TTM:31%
Stock Price CAGR
10 Years:-2%
5 Years:-1%
3 Years:-7%
1 Year:-11%
Return on Equity
10 Years:-3%
5 Years:-5%
3 Years:-9%
Last Year:-6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
3.73 6.01 6.01 6.01 6.01 6.01 7.91 7.91 7.91 7.91 7.91 7.91 7.91
Reserves 12.82 22.19 16.66 15.60 17.11 18.59 19.81 20.44 19.67 14.19 11.29 9.95 8.87
Borrowings 2.09 1.63 0.00 0.08 0.10 0.10 0.00 0.00 0.00 0.00 0.86 2.33 3.63
9.99 2.39 5.23 4.06 3.55 2.72 2.24 1.75 2.54 2.77 2.93 4.18 3.88
Total Liabilities 28.63 32.22 27.90 25.75 26.77 27.42 29.96 30.10 30.12 24.87 22.99 24.37 24.29
17.07 18.46 18.96 18.47 17.90 17.88 17.65 17.54 17.45 17.35 17.34 19.30 19.05
CWIP 0.00 0.03 0.00 0.00 0.00 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 9.84 11.67 6.90 5.04 5.44 6.45 5.30 5.30 6.93 1.39 2.09 2.00 3.55
1.72 2.06 2.04 2.24 3.43 2.97 7.01 7.26 5.74 6.13 3.56 3.07 1.69
Total Assets 28.63 32.22 27.90 25.75 26.77 27.42 29.96 30.10 30.12 24.87 22.99 24.37 24.29

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
0.24 1.12 -0.98 -0.73 1.03 0.64 0.20 -0.19 -1.08 -1.51 -2.83 0.83
-10.88 -3.59 -0.45 1.84 -0.34 -1.23 -1.57 0.00 -0.81 1.59 1.33 -2.19
10.50 2.61 1.39 -1.22 0.84 0.00 1.90 0.00 0.00 0.00 0.85 1.28
Net Cash Flow -0.14 0.14 -0.04 -0.11 1.53 -0.59 0.53 -0.19 -1.90 0.07 -0.65 -0.08

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % -12.82% 1.11% -5.18% -5.00% -1.65% 0.25% 2.52% 2.25% -2.82% -5.64% -13.19% -4.57%
Debtor Days 19.41 16.63 8.76 6.67 6.71 12.81 10.94 17.29 26.73 28.96 31.74 35.98
Inventory Turnover 0.00

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
49.88 49.88 49.88 50.41 50.41 50.41 54.04 54.04 54.04 54.82 54.82 54.82
5.02 5.02 4.39 4.87 4.87 4.87 1.26 1.26 1.26 1.26 1.26 1.26
2.03 2.03 2.03 2.03 2.03 2.03 2.03 2.03 2.03 2.03 2.03 2.03
43.06 43.06 43.70 42.68 42.68 42.68 42.67 42.67 42.67 41.88 41.88 41.88

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