Shanti Educational Initiatives Ltd
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]
- Market Cap ₹ 965 Cr.
- Current Price ₹ 59.9
- High / Low ₹ 109 / 52.0
- Stock P/E 177
- Book Value ₹ 4.06
- Dividend Yield 0.00 %
- ROCE 8.21 %
- ROE 5.74 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 191 days to 99.6 days
Cons
- Stock is trading at 14.5 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -12.9% over past five years.
- Company has a low return on equity of 3.70% over last 3 years.
- Earnings include an other income of Rs.5.05 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.
Peer comparison
Sector: Education Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
11.85 | 24.26 | 5.21 | 6.13 | 8.83 | 9.60 | 21.95 | 14.17 | 12.41 | 2.99 | 3.93 | 10.99 | 16.33 | |
11.70 | 24.20 | 6.29 | 5.62 | 7.56 | 8.06 | 21.44 | 13.07 | 13.07 | 4.94 | 5.37 | 10.58 | 13.56 | |
Operating Profit | 0.15 | 0.06 | -1.08 | 0.51 | 1.27 | 1.54 | 0.51 | 1.10 | -0.66 | -1.95 | -1.44 | 0.41 | 2.77 |
OPM % | 1.27% | 0.25% | -20.73% | 8.32% | 14.38% | 16.04% | 2.32% | 7.76% | -5.32% | -65.22% | -36.64% | 3.73% | 16.96% |
0.10 | 0.26 | 1.27 | 0.52 | 2.79 | 2.19 | 2.59 | 1.11 | 2.44 | 3.50 | 3.54 | 4.83 | 5.05 | |
Interest | 0.07 | 0.04 | 0.01 | 0.05 | 0.01 | 0.00 | 0.41 | 0.49 | 0.54 | 0.37 | 0.56 | 0.30 | 0.24 |
Depreciation | 0.27 | 0.15 | 0.10 | 0.09 | 0.10 | 0.34 | 0.34 | 0.32 | 0.91 | 0.84 | 0.74 | 0.22 | 0.19 |
Profit before tax | -0.09 | 0.13 | 0.08 | 0.89 | 3.95 | 3.39 | 2.35 | 1.40 | 0.33 | 0.34 | 0.80 | 4.72 | 7.39 |
Tax % | -522.22% | 69.23% | -37.50% | 34.83% | 32.15% | 40.12% | 29.36% | 30.00% | 78.79% | -526.47% | 0.00% | 28.60% | |
-0.56 | 0.04 | 0.10 | 0.58 | 2.68 | 2.03 | 1.65 | 0.98 | 0.07 | 2.13 | 0.80 | 3.37 | 5.45 | |
EPS in Rs | -0.07 | 0.00 | 0.01 | 0.04 | 0.18 | 0.13 | 0.10 | 0.06 | 0.00 | 0.13 | 0.05 | 0.21 | 0.34 |
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: | -8% |
5 Years: | -13% |
3 Years: | -4% |
TTM: | 98% |
Compounded Profit Growth | |
---|---|
10 Years: | 56% |
5 Years: | 15% |
3 Years: | 283% |
TTM: | 64% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 40% |
3 Years: | 56% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 4% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8.20 | 14.00 | 14.00 | 14.00 | 15.30 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 |
Reserves | 7.57 | 7.61 | 7.71 | 8.48 | 21.56 | 29.99 | 31.48 | 32.43 | 37.81 | 40.03 | 40.93 | 44.21 | 49.22 |
0.19 | 0.25 | 28.04 | 25.86 | 10.20 | 11.18 | 4.70 | 4.76 | 3.78 | 3.24 | 2.82 | 2.20 | 1.87 | |
9.53 | 37.58 | 1.76 | 2.01 | 3.36 | 4.47 | 5.02 | 5.54 | 7.84 | 4.53 | 3.95 | 3.87 | 3.10 | |
Total Liabilities | 25.49 | 59.44 | 51.51 | 50.35 | 50.42 | 61.74 | 57.30 | 58.83 | 65.53 | 63.90 | 63.80 | 66.38 | 70.29 |
3.47 | 6.45 | 6.16 | 7.47 | 7.85 | 12.89 | 12.94 | 18.12 | 19.57 | 18.87 | 18.12 | 18.15 | 18.21 | |
CWIP | 0.00 | 0.00 | 0.02 | 0.00 | 0.85 | 5.76 | 8.98 | 5.11 | 5.53 | 6.79 | 6.79 | 0.00 | 0.00 |
Investments | 9.46 | 11.41 | 11.41 | 7.77 | 7.97 | 3.26 | 3.26 | 3.26 | 9.26 | 9.33 | 9.52 | 9.33 | 9.67 |
12.56 | 41.58 | 33.92 | 35.11 | 33.75 | 39.83 | 32.12 | 32.34 | 31.17 | 28.91 | 29.37 | 38.90 | 42.41 | |
Total Assets | 25.49 | 59.44 | 51.51 | 50.35 | 50.42 | 61.74 | 57.30 | 58.83 | 65.53 | 63.90 | 63.80 | 66.38 | 70.29 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.49 | -2.03 | -28.24 | 0.58 | 0.85 | -1.82 | 0.63 | 0.74 | 1.61 | -1.43 | 0.45 | 0.18 | |
-2.58 | -5.08 | 0.17 | 2.42 | -1.09 | -5.07 | 5.75 | 0.26 | 0.73 | 0.92 | 1.70 | 1.45 | |
3.71 | 6.01 | 27.78 | -2.75 | 0.29 | 6.83 | -6.44 | -0.66 | -1.51 | -0.36 | -0.98 | -0.91 | |
Net Cash Flow | 1.62 | -1.10 | -0.29 | 0.25 | 0.06 | -0.06 | -0.06 | 0.34 | 0.82 | -0.88 | 1.17 | 0.71 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 24.33 | 210.79 | 78.46 | 42.87 | 54.56 | 60.83 | 37.75 | 71.87 | 18.24 | 96.44 | 51.08 | 65.76 |
Inventory Days | 14.54 | 12.02 | 170.48 | 163.76 | 163.72 | 199.34 | 42.89 | 123.32 | 106.71 | 523.49 | ||
Days Payable | 342.79 | 343.54 | 91.80 | 45.38 | 48.07 | 87.55 | 23.55 | 63.73 | 88.92 | 158.49 | ||
Cash Conversion Cycle | -303.92 | -120.73 | 157.15 | 161.25 | 170.22 | 172.62 | 57.09 | 131.46 | 36.02 | 461.44 | 51.08 | 65.76 |
Working Capital Days | 45.89 | -333.56 | 91.07 | 27.39 | -1.24 | 74.90 | 21.78 | 72.90 | 18.24 | 258.80 | 213.61 | 99.64 |
ROCE % | -0.14% | 0.90% | -2.82% | 1.92% | 8.30% | 6.50% | 5.04% | 3.58% | 1.51% | 1.21% | 2.28% | 8.21% |
Documents
Announcements
- Closure of Trading Window 3 Apr
-
Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
28 Feb - The Board of Shanti Learning Foundation at their meeting held on 27/02/2024 has approved the sale of the entire shareholding of the Company.
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
21 Feb - Resignation of Mr. Kunjal Soni from the post of Company Secretary of the company w.e.f. 21/02/2024
- Unaudited Financial Results For The Quarter And Nine Months Ended 31St December, 2023. 12 Feb
- Board Meeting Outcome for Board Meeting Outcome For Board Meeting Held On 12 February 2024. 12 Feb
Annual reports
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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
Educational Units