IEC Education Ltd
Incorporated in 1981, IEC Education
Ltd provides education services to
Colleges and Universities, Implementation
of Skill Development Schemes of various Governments, Franchise Centers etc.[1]
- Market Cap ₹ 28.0 Cr.
- Current Price ₹ 18.3
- High / Low ₹ 39.5 / 1.69
- Stock P/E
- Book Value ₹ 19.8
- Dividend Yield 0.00 %
- ROCE -1.94 %
- ROE -2.08 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.93 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -1.53% over last 3 years.
* 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
Information Technology Information Technology IT - Software Software Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.46 | 3.14 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
3.83 | 2.49 | 1.23 | 0.59 | 0.40 | 0.38 | 0.52 | 0.22 | 0.20 | 0.43 | 0.59 | 0.62 | |
Operating Profit | -0.37 | 0.65 | -1.22 | -0.57 | -0.40 | -0.38 | -0.52 | -0.22 | -0.20 | -0.43 | -0.59 | -0.62 |
OPM % | -10.69% | 20.70% | -12,200.00% | -2,850.00% | ||||||||
1.26 | -0.14 | 1.90 | 0.53 | 0.00 | -0.04 | 0.00 | 0.04 | 0.01 | 0.23 | -0.36 | -0.33 | |
Interest | 0.07 | 0.01 | 0.01 | 0.02 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.59 | 0.63 | 0.55 | 0.51 | 0.51 | 0.51 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 |
Profit before tax | 0.23 | -0.13 | 0.12 | -0.57 | -0.91 | -0.94 | -0.54 | -0.20 | -0.21 | -0.21 | -0.95 | -0.95 |
Tax % | 21.74% | -46.15% | 25.00% | -14.04% | -9.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
0.19 | -0.08 | 0.08 | -0.49 | -0.82 | -0.94 | -0.54 | -0.20 | -0.21 | -0.21 | -0.96 | -0.96 | |
EPS in Rs | 0.12 | -0.05 | 0.05 | -0.32 | -0.54 | -0.62 | -0.35 | -0.13 | -0.14 | -0.14 | -0.63 | -0.63 |
Dividend Payout % | 0.00% | 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: | % |
3 Years: | % |
TTM: | % |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | % |
TTM: | -5% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -1% |
3 Years: | -2% |
Last Year: | -2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 |
Reserves | 19.46 | 19.34 | 19.43 | 18.94 | 18.12 | 17.18 | 16.75 | 16.55 | 16.34 | 16.13 | 15.17 | 14.92 |
1.89 | 1.73 | 1.71 | 1.70 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | |
1.46 | 1.92 | 0.95 | 0.95 | 1.09 | 0.83 | 0.76 | 0.74 | 0.70 | 1.17 | 0.37 | 0.39 | |
Total Liabilities | 38.07 | 38.25 | 37.35 | 36.85 | 36.15 | 34.95 | 34.45 | 34.23 | 33.98 | 34.24 | 32.48 | 32.25 |
3.71 | 2.75 | 2.20 | 1.69 | 1.19 | 0.47 | 0.57 | 0.55 | 0.53 | 0.41 | 0.00 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.43 | 0.43 |
33.60 | 34.74 | 34.39 | 34.40 | 34.20 | 33.72 | 33.12 | 32.92 | 32.69 | 33.07 | 32.05 | 31.82 | |
Total Assets | 38.07 | 38.25 | 37.35 | 36.85 | 36.15 | 34.95 | 34.45 | 34.23 | 33.98 | 34.24 | 32.48 | 32.25 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3.69 | -1.14 | 0.17 | -2.23 | 0.02 | 0.00 | 0.03 | -0.08 | -0.08 | 0.00 | -0.65 | -0.02 | |
4.01 | 0.23 | 1.50 | 0.52 | 0.00 | 0.17 | 0.00 | 0.04 | 0.01 | 0.11 | 0.41 | 0.00 | |
-0.84 | -0.17 | -0.02 | -0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | -0.52 | -1.08 | 1.65 | -1.73 | 0.02 | 0.17 | 0.03 | -0.04 | -0.07 | 0.11 | -0.25 | -0.02 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 785.91 | 863.68 | 240,170.00 | 110,230.00 | ||||||||
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 785.91 | 863.68 | 240,170.00 | 110,230.00 | ||||||||
Working Capital Days | 612.90 | 885.76 | 314,265.00 | 161,695.00 | ||||||||
ROCE % | -2.60% | 0.05% | 0.36% | -1.52% | -2.56% | -2.57% | -1.59% | -0.71% | -0.66% | -0.57% | -1.81% | -1.94% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for FY 2025 with multiple regulatory delays, no SEBI actions.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Audited standalone and consolidated financial results of quarter and year ended March 31, 2025.
-
Appointment Of Secretarial Auditor
29 May - Appointment of Preksha Dawet & Associates as Secretarial Auditor for FY 2024-25 to 2029-30.
-
Board Meeting Outcome for Outcome Of Board Meeting
29 May - Audited FY25 results with qualified opinion; going concern doubts and significant financial discrepancies reported.
-
Board Meeting Intimation for Consider And Approve The Audited Standalone And Consolidated Financial Results For Year Ended March 31, 2025.
23 May - Board meeting on May 29, 2025, to approve FY25 audited financial results.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Overview:[1]
IECEL is in the business of Computer Education, Science, Technology and Management, Hotel Management, Pharmacy, Vocational education. It provides Information Technology solutions and services to its clientele