VJTF Eduservices Ltd

VJTF Eduservices Ltd

₹ 110 -4.92%
26 Apr - close price
About

Incorporated in 1984, VJTF Eduservices Ltd provides services to Operational Education Projects andalso provides required auxiliary/ support services to other education sector companies[1]

Key Points

Business Overview:[1]
Company provides educational services to K-12 schools which include designing curriculum, providing teaching aids, supplying methods for imparting education, organizing extra-curricular activities for students and teacher training, etc.

  • Market Cap 194 Cr.
  • Current Price 110
  • High / Low 158 / 48.5
  • Stock P/E 133
  • Book Value 18.7
  • Dividend Yield 0.00 %
  • ROCE 6.17 %
  • ROE 1.05 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 4.70% over last quarter.

Cons

  • Stock is trading at 5.87 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.82% over past five years.
  • Company has a low return on equity of -4.30% over last 3 years.
  • Earnings include an other income of Rs.2.94 Cr.
  • Working capital days have increased from -280 days to 391 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Education Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
1.13 1.40 1.58 1.51 2.10 2.28 5.65 4.57 0.00 4.72 7.32 0.00 0.22
1.14 2.76 1.17 1.03 1.68 2.16 2.42 3.64 0.02 4.32 4.36 0.05 0.77
Operating Profit -0.01 -1.36 0.41 0.48 0.42 0.12 3.23 0.93 -0.02 0.40 2.96 -0.05 -0.55
OPM % -0.88% -97.14% 25.95% 31.79% 20.00% 5.26% 57.17% 20.35% 8.47% 40.44% -250.00%
0.62 2.23 1.23 1.24 2.36 1.15 0.13 0.32 0.62 0.51 0.57 -0.38 2.24
Interest 1.24 1.16 1.12 1.09 1.16 1.05 0.99 1.00 0.00 2.22 2.00 0.23 1.03
Depreciation 0.85 0.32 0.70 0.70 0.69 0.69 0.68 0.53 0.00 0.66 0.62 0.00 0.04
Profit before tax -1.48 -0.61 -0.18 -0.07 0.93 -0.47 1.69 -0.28 0.60 -1.97 0.91 -0.66 0.62
Tax % 8.11% -1.64% 27.78% -500.00% 51.61% 153.19% 7.69% -125.00% 0.00% 40.10% -18.68% -7.58% 12.90%
-1.35 -0.61 -0.13 -0.41 0.44 0.25 1.56 -0.63 0.60 -1.18 1.07 -0.72 0.54
EPS in Rs -0.73 -0.35 -0.07 -0.23 0.25 0.14 0.89 -0.36 0.34 -0.67 0.61 -0.43 0.28
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
2.36 18.26 17.33 22.55 15.71 14.25 16.18 14.53 5.01 7.48 20.76 12.26
0.50 13.59 15.19 17.29 15.35 16.46 15.89 11.86 6.61 6.05 13.93 9.50
Operating Profit 1.86 4.67 2.14 5.26 0.36 -2.21 0.29 2.67 -1.60 1.43 6.83 2.76
OPM % 78.81% 25.58% 12.35% 23.33% 2.29% -15.51% 1.79% 18.38% -31.94% 19.12% 32.90% 22.51%
0.03 -0.13 1.31 1.66 6.24 8.94 39.54 5.12 4.08 5.99 1.20 2.94
Interest 0.00 1.57 3.06 5.09 2.20 4.85 4.01 6.98 4.93 4.44 5.57 5.48
Depreciation 0.01 2.64 2.44 6.35 0.99 1.08 1.19 3.92 2.88 2.78 2.52 1.32
Profit before tax 1.88 0.33 -2.05 -4.52 3.41 0.80 34.63 -3.11 -5.33 0.20 -0.06 -1.10
Tax % 19.15% 51.52% 44.39% -3.98% 68.62% -68.75% 25.04% -39.55% 6.57% -115.00% 666.67%
1.52 0.15 -1.14 -4.70 1.07 1.35 25.96 -4.35 -4.99 0.43 0.34 -0.29
EPS in Rs 10.86 0.22 -0.44 -2.43 1.32 0.77 12.07 -2.49 -2.84 0.23 0.19 -0.21
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: %
5 Years: 8%
3 Years: 13%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: 17%
3 Years: 28%
TTM: 26%
Stock Price CAGR
10 Years: 8%
5 Years: 12%
3 Years: 29%
1 Year: 67%
Return on Equity
10 Years: %
5 Years: -6%
3 Years: -4%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1.40 17.60 17.60 17.60 17.60 17.60 17.60 17.60 17.60 17.60 17.60 17.60
Reserves 3.58 1.41 0.48 -3.81 3.15 2.11 23.42 19.08 14.12 14.62 15.07 15.39
0.00 28.46 36.25 12.14 13.68 19.87 21.14 38.54 38.37 33.52 69.00 32.23
0.36 30.99 44.36 35.80 30.21 19.63 29.07 35.62 31.82 25.20 66.41 81.88
Total Liabilities 5.34 78.46 98.69 61.73 64.64 59.21 91.23 110.84 101.91 90.94 168.08 147.10
0.11 32.94 31.99 27.49 23.16 22.90 17.11 42.62 39.71 34.70 34.94 35.33
CWIP 0.00 35.58 49.54 0.89 0.75 0.78 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.91 0.11 0.11 2.25 3.75 1.10 0.01 0.01 0.01 0.00 0.00 20.00
2.32 9.83 17.05 31.10 36.98 34.43 74.11 68.21 62.19 56.24 133.14 91.77
Total Assets 5.34 78.46 98.69 61.73 64.64 59.21 91.23 110.84 101.91 90.94 168.08 147.10

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1.40 14.98 -13.46 -7.29 -5.97 -3.83 11.23 1.27 15.30 35.64
1.21 -15.38 41.15 7.87 2.78 8.67 8.80 1.74 -8.85 -66.82
0.08 2.79 -29.80 -0.06 1.36 -5.25 -20.14 -2.99 -5.22 29.94
Net Cash Flow -0.11 2.39 -2.10 0.52 -1.83 -0.41 -0.11 0.02 1.23 -1.24

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 20.11 17.59 23.38 3.72 2.32 14.09 0.45 2.01 27.68 2.93 2.64
Inventory Days
Days Payable
Cash Conversion Cycle 20.11 17.59 23.38 3.72 2.32 14.09 0.45 2.01 27.68 2.93 2.64
Working Capital Days 267.56 -374.00 -728.74 -324.53 -450.50 44.06 216.56 -573.50 -1,202.82 -28.30 391.37
ROCE % 0.19% 1.34% 7.19% 4.80% 3.46% 5.21% -0.51% 6.31% 6.17%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.23% 64.23% 64.23% 64.23% 64.23% 64.23% 64.23% 64.23% 64.23% 64.23% 64.23% 68.93%
35.77% 35.77% 35.77% 35.77% 35.77% 35.78% 35.77% 35.77% 35.78% 35.77% 35.77% 31.07%
No. of Shareholders 250278281300301321334340346384421483

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