Shanti Educational Initiatives Ltd

Shanti Educational Initiatives Ltd

₹ 112 5.00%
23 Jul 2:08 p.m.
About

Shanti Educational Initiatives is engaged in the business of providing education services and related activities. It is a venture of Chiripal Group based in Ahmedabad, India. [1]

Key Points

Educational Units

  • Market Cap 1,800 Cr.
  • Current Price 112
  • High / Low 208 / 63.2
  • Stock P/E 271
  • Book Value 4.36
  • Dividend Yield 0.00 %
  • ROCE 13.9 %
  • ROE 9.94 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 156% CAGR over last 5 years
  • Company's working capital requirements have reduced from 75.2 days to 39.0 days

Cons

  • Stock is trading at 25.7 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.04% over last 3 years.
  • Earnings include an other income of Rs.3.49 Cr.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1.04 4.56 1.74 0.90 10.99 7.57 2.91 2.07 1.75 8.49 6.29 6.28 5.27
1.70 2.69 2.30 1.47 10.58 4.32 2.48 2.64 3.71 4.79 4.39 4.33 6.44
Operating Profit -0.66 1.87 -0.56 -0.57 0.41 3.25 0.43 -0.57 -1.96 3.70 1.90 1.95 -1.17
OPM % -63.46% 41.01% -32.18% -63.33% 3.73% 42.93% 14.78% -27.54% -112.00% 43.58% 30.21% 31.05% -22.20%
2.91 0.03 2.33 0.07 4.83 0.02 1.78 0.85 1.12 0.12 2.04 0.18 1.14
Interest 0.33 0.08 0.06 0.07 0.30 0.05 0.07 0.04 0.08 0.05 0.08 0.00 0.00
Depreciation 0.56 0.05 0.05 0.07 0.22 0.05 0.05 0.03 0.13 0.08 0.06 0.12 0.25
Profit before tax 1.36 1.77 1.66 -0.64 4.72 3.17 2.09 0.21 -1.05 3.69 3.80 2.01 -0.28
Tax % -0.74% 25.42% 39.76% -39.06% 28.60% 26.50% 33.01% -42.86% -18.10% 25.20% 28.68% 18.41% 71.43%
1.37 1.33 1.00 -0.38 3.37 2.33 1.40 0.30 -0.86 2.76 2.70 1.65 -0.48
EPS in Rs 0.09 0.08 0.06 -0.02 0.21 0.14 0.09 0.02 -0.05 0.17 0.17 0.10 -0.03
Raw PDF

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
5.21 6.13 8.83 9.60 21.95 14.17 12.41 2.99 3.93 10.99 13.66 26.32
6.29 5.62 7.56 8.06 21.44 13.07 13.07 4.94 5.37 10.58 12.45 19.95
Operating Profit -1.08 0.51 1.27 1.54 0.51 1.10 -0.66 -1.95 -1.44 0.41 1.21 6.37
OPM % -20.73% 8.32% 14.38% 16.04% 2.32% 7.76% -5.32% -65.22% -36.64% 3.73% 8.86% 24.20%
1.27 0.52 2.79 2.19 2.59 1.11 2.44 3.50 3.54 4.83 3.78 3.49
Interest 0.01 0.05 0.01 0.00 0.41 0.49 0.54 0.37 0.56 0.30 0.31 0.13
Depreciation 0.10 0.09 0.10 0.34 0.34 0.32 0.91 0.84 0.74 0.22 0.26 0.51
Profit before tax 0.08 0.89 3.95 3.39 2.35 1.40 0.33 0.34 0.80 4.72 4.42 9.22
Tax % -37.50% 34.83% 32.15% 40.12% 29.36% 30.00% 78.79% -526.47% 0.00% 28.60% 28.05% 28.20%
0.10 0.58 2.68 2.03 1.65 0.98 0.07 2.13 0.80 3.37 3.18 6.63
EPS in Rs 0.01 0.04 0.18 0.13 0.10 0.06 0.00 0.13 0.05 0.21 0.20 0.41
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: 16%
5 Years: 16%
3 Years: 88%
TTM: 93%
Compounded Profit Growth
10 Years: 28%
5 Years: 156%
3 Years: 102%
TTM: 108%
Stock Price CAGR
10 Years: %
5 Years: 50%
3 Years: -3%
1 Year: 14%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 7%
Last Year: 10%

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 14.00 14.00 15.30 16.10 16.10 16.10 16.10 16.10 16.10 16.10 16.10 16.10
Reserves 7.71 8.48 21.56 29.99 31.48 32.43 37.81 40.03 40.93 44.21 47.15 54.08
28.04 25.86 10.20 11.18 4.70 4.76 3.78 3.24 2.82 2.20 1.53 0.00
1.76 2.01 3.36 4.47 5.02 5.54 7.84 4.53 3.95 4.06 3.22 6.77
Total Liabilities 51.51 50.35 50.42 61.74 57.30 58.83 65.53 63.90 63.80 66.57 68.00 76.95
6.16 7.47 7.85 12.89 12.94 18.12 19.57 18.87 18.12 18.15 18.37 18.85
CWIP 0.02 0.00 0.85 5.76 8.98 5.11 5.53 6.79 6.79 0.00 0.11 0.00
Investments 11.41 7.77 7.97 3.26 3.26 3.26 9.26 9.33 9.52 9.33 9.26 9.86
33.92 35.11 33.75 39.83 32.12 32.34 31.17 28.91 29.37 39.09 40.26 48.24
Total Assets 51.51 50.35 50.42 61.74 57.30 58.83 65.53 63.90 63.80 66.57 68.00 76.95

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
-28.24 0.58 0.85 -1.82 0.63 0.74 1.61 -1.43 0.45 0.18 -2.05 0.86
0.17 2.42 -1.09 -5.07 5.75 0.26 0.73 0.92 1.70 1.45 1.49 1.74
27.78 -2.75 0.29 6.83 -6.44 -0.66 -1.51 -0.36 -0.98 -0.91 -0.93 -1.66
Net Cash Flow -0.29 0.25 0.06 -0.06 -0.06 0.34 0.82 -0.88 1.17 0.71 -1.49 0.94

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 78.46 42.87 54.56 60.83 37.75 71.87 18.24 96.44 51.08 65.76 41.15 68.78
Inventory Days 170.48 163.76 163.72 199.34 42.89 123.32 106.71 523.49 260.47 233.06 148.87
Days Payable 91.80 45.38 48.07 87.55 23.55 63.73 88.92 158.49 87.39 49.32 188.17
Cash Conversion Cycle 157.15 161.25 170.22 172.62 57.09 131.46 36.02 461.44 51.08 238.83 224.88 29.49
Working Capital Days 91.07 27.39 -1.24 74.90 21.78 72.90 18.24 258.80 213.61 99.64 87.11 38.97
ROCE % -2.82% 1.92% 8.30% 6.50% 5.04% 3.58% 1.51% 1.21% 2.28% 8.21% 7.43% 13.86%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
64.33% 64.33% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47%
14.76% 18.40% 18.42% 18.62% 18.84% 19.01% 19.01% 18.62% 18.53% 18.52% 18.46% 18.46%
20.91% 17.26% 17.12% 16.92% 16.70% 16.53% 16.53% 16.92% 17.01% 17.02% 17.08% 17.07%
No. of Shareholders 2,3292,1082,0581,8732,1352,1892,7752,3683,3773,3753,7594,010

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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