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 ₹ 38.2 Cr.
- Current Price ₹ 25.0
- High / Low ₹ 46.6 / 15.7
- Stock P/E
- Book Value ₹ 18.2
- Dividend Yield 0.00 %
- ROCE -6.38 %
- ROE -6.57 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -3.05% 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.14 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 2.49 | 1.23 | 0.59 | 0.40 | 0.38 | 0.52 | 0.22 | 0.20 | 0.43 | 0.59 | 0.25 | 1.90 | |
| Operating Profit | 0.65 | -1.22 | -0.57 | -0.40 | -0.38 | -0.52 | -0.22 | -0.20 | -0.43 | -0.59 | -0.25 | -1.90 |
| OPM % | 20.70% | -12,200.00% | -2,850.00% | |||||||||
| -0.14 | 1.90 | 0.53 | 0.00 | -0.04 | 0.00 | 0.04 | 0.01 | 0.23 | -0.36 | 0.00 | 0.00 | |
| Interest | 0.01 | 0.01 | 0.02 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.63 | 0.55 | 0.51 | 0.51 | 0.51 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -0.13 | 0.12 | -0.57 | -0.91 | -0.94 | -0.54 | -0.20 | -0.21 | -0.21 | -0.95 | -0.25 | -1.90 |
| Tax % | -46.15% | 25.00% | -14.04% | -9.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| -0.08 | 0.08 | -0.49 | -0.82 | -0.94 | -0.54 | -0.20 | -0.21 | -0.21 | -0.96 | -0.25 | -1.90 | |
| EPS in Rs | -0.05 | 0.05 | -0.32 | -0.54 | -0.62 | -0.35 | -0.13 | -0.14 | -0.14 | -0.63 | -0.16 | -1.25 |
| 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: | % |
| 3 Years: | % |
| TTM: | -660% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 57% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -2% |
| 3 Years: | -3% |
| Last Year: | -7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 19.34 | 19.43 | 18.94 | 18.12 | 17.18 | 16.75 | 16.55 | 16.34 | 16.13 | 15.17 | 14.92 | 12.43 |
| 1.73 | 1.71 | 1.70 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 0.00 | |
| 1.92 | 0.95 | 0.95 | 1.09 | 0.83 | 0.76 | 0.74 | 0.70 | 1.17 | 0.37 | 0.39 | 0.39 | |
| Total Liabilities | 38.25 | 37.35 | 36.85 | 36.15 | 34.95 | 34.45 | 34.23 | 33.98 | 34.24 | 32.48 | 32.25 | 28.08 |
| 2.75 | 2.20 | 1.69 | 1.19 | 0.47 | 0.57 | 0.55 | 0.53 | 0.41 | 0.00 | 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 | 0.43 | 0.43 | 0.40 |
| 34.74 | 34.39 | 34.40 | 34.20 | 33.72 | 33.12 | 32.92 | 32.69 | 33.07 | 32.05 | 31.82 | 27.68 | |
| Total Assets | 38.25 | 37.35 | 36.85 | 36.15 | 34.95 | 34.45 | 34.23 | 33.98 | 34.24 | 32.48 | 32.25 | 28.08 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.14 | 0.17 | -2.23 | 0.02 | 0.00 | 0.03 | -0.08 | -0.08 | 0.00 | -0.65 | -0.02 | 1.61 | |
| 0.23 | 1.50 | 0.52 | 0.00 | 0.17 | 0.00 | 0.04 | 0.01 | 0.11 | 0.41 | 0.00 | 0.03 | |
| -0.17 | -0.02 | -0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.64 | |
| Net Cash Flow | -1.08 | 1.65 | -1.73 | 0.02 | 0.17 | 0.03 | -0.04 | -0.07 | 0.11 | -0.25 | -0.02 | 0.01 |
| Free Cash Flow | -0.91 | 0.17 | -2.23 | 0.02 | 0.17 | 0.03 | -0.04 | -0.07 | 0.11 | -0.24 | -0.02 | 1.61 |
| CFO/OP | -165% | -26% | 391% | -5% | 0% | -6% | 36% | 40% | 0% | 110% | 8% | -53% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 863.68 | 240,170.00 | 110,230.00 | |||||||||
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 863.68 | 240,170.00 | 110,230.00 | |||||||||
| Working Capital Days | 690.48 | 252,945.00 | 131,035.00 | |||||||||
| ROCE % | 0.05% | 0.36% | -1.52% | -2.56% | -2.57% | -1.59% | -0.71% | -0.66% | -0.57% | -1.81% | -0.78% | -6.38% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Base (Active Count/Spend Ratio Context) Status |
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| Number of Active IT Franchise Centers Number |
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| Personality Development Program (PDP) and Educational Services Activity Activity Status |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 14 May
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Financial Results For The Quarter And Year Ended 31 March, 2026
13 May - IEC Education approved FY26 audited results; auditors raised qualified opinion, going-concern doubt, and unpaid dues.
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Board Meeting Outcome for Board Meeting Outcome
13 May - IEC Education approved FY26 audited results; auditor issued qualified opinion with going-concern doubts.
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Board Meeting Intimation for Audited Standalone And Consolidated Financial Results For Year Ended March 31, 2026
7 May - Board meeting on 13 May 2026 to approve audited Q4 and FY2026 standalone and consolidated results.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Submitted Regulation 74(5) depository certificate for quarter ended March 31, 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
from bse
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Financial Year 2020
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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
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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
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Financial Year 2012
from bse
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Financial Year 2011
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