Shanti Educational Initiatives Ltd
- Market Cap ₹ 3,006 Cr.
- Current Price ₹ 187
- High / Low ₹ 240 / 108
- Stock P/E 544
- Book Value ₹ 4.71
- Dividend Yield 0.00 %
- ROCE 9.88 %
- ROE 7.57 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 39.6 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 7.60% over last 3 years.
- Earnings include an other income of Rs.4.03 Cr.
- Debtor days have increased from 83.9 to 141 days.
- Promoter holding has decreased over last 3 years: -14.6%
* 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
Consumer Discretionary Consumer Services Other Consumer Services Education
Part of BSE Consumer Discretionary
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.13 | 8.83 | 9.60 | 21.95 | 14.17 | 12.41 | 2.99 | 3.93 | 10.99 | 14.30 | 25.29 | 22.64 | 22.91 | |
| 5.62 | 7.56 | 8.06 | 21.44 | 13.07 | 13.07 | 4.94 | 5.37 | 10.58 | 13.15 | 18.92 | 18.71 | 18.72 | |
| Operating Profit | 0.51 | 1.27 | 1.54 | 0.51 | 1.10 | -0.66 | -1.95 | -1.44 | 0.41 | 1.15 | 6.37 | 3.93 | 4.19 |
| OPM % | 8.32% | 14.38% | 16.04% | 2.32% | 7.76% | -5.32% | -65.22% | -36.64% | 3.73% | 8.04% | 25.19% | 17.36% | 18.29% |
| 0.52 | 2.79 | 2.19 | 2.59 | 1.11 | 2.44 | 3.50 | 3.54 | 4.83 | 3.78 | 3.49 | 4.09 | 4.03 | |
| Interest | 0.05 | 0.01 | 0.00 | 0.41 | 0.49 | 0.54 | 0.37 | 0.56 | 0.30 | 0.25 | 0.13 | 0.01 | 0.00 |
| Depreciation | 0.09 | 0.10 | 0.34 | 0.34 | 0.32 | 0.91 | 0.84 | 0.74 | 0.22 | 0.26 | 0.51 | 0.81 | 0.84 |
| Profit before tax | 0.89 | 3.95 | 3.39 | 2.35 | 1.40 | 0.33 | 0.34 | 0.80 | 4.72 | 4.42 | 9.22 | 7.20 | 7.38 |
| Tax % | 34.83% | 32.15% | 40.12% | 29.36% | 30.00% | 78.79% | -526.47% | 0.00% | 28.60% | 28.05% | 28.20% | 23.19% | |
| 0.58 | 2.68 | 2.03 | 1.65 | 0.98 | 0.07 | 2.13 | 0.80 | 3.37 | 3.18 | 6.63 | 5.53 | 5.52 | |
| EPS in Rs | 0.04 | 0.18 | 0.13 | 0.10 | 0.06 | 0.00 | 0.13 | 0.05 | 0.21 | 0.20 | 0.41 | 0.34 | 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: | 10% |
| 5 Years: | 50% |
| 3 Years: | 27% |
| TTM: | -14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 21% |
| 3 Years: | 18% |
| TTM: | -13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 80% |
| 3 Years: | 42% |
| 1 Year: | 70% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 6% |
| 3 Years: | 8% |
| Last Year: | 8% |
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 | 14.00 | 15.30 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 | 16.10 |
| Reserves | 8.48 | 21.56 | 29.99 | 31.48 | 32.43 | 37.81 | 40.03 | 40.93 | 44.21 | 47.15 | 54.08 | 59.73 |
| 25.86 | 10.20 | 11.18 | 4.70 | 4.76 | 3.78 | 3.24 | 2.82 | 2.20 | 1.53 | 0.00 | 0.00 | |
| 2.01 | 3.36 | 4.47 | 5.02 | 5.54 | 7.84 | 4.53 | 3.95 | 4.06 | 3.22 | 6.77 | 8.11 | |
| Total Liabilities | 50.35 | 50.42 | 61.74 | 57.30 | 58.83 | 65.53 | 63.90 | 63.80 | 66.57 | 68.00 | 76.95 | 83.94 |
| 7.47 | 7.85 | 12.89 | 12.94 | 18.12 | 19.57 | 18.87 | 18.12 | 18.15 | 18.37 | 18.85 | 19.25 | |
| CWIP | 0.00 | 0.85 | 5.76 | 8.98 | 5.11 | 5.53 | 6.79 | 6.79 | 0.00 | 0.11 | 0.00 | 0.05 |
| Investments | 7.77 | 7.97 | 3.26 | 3.26 | 3.26 | 9.26 | 9.33 | 9.52 | 9.33 | 9.26 | 9.86 | 10.06 |
| 35.11 | 33.75 | 39.83 | 32.12 | 32.34 | 31.17 | 28.91 | 29.37 | 39.09 | 40.26 | 48.24 | 54.58 | |
| Total Assets | 50.35 | 50.42 | 61.74 | 57.30 | 58.83 | 65.53 | 63.90 | 63.80 | 66.57 | 68.00 | 76.95 | 83.94 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.58 | 0.85 | -1.82 | 0.63 | 0.74 | 1.61 | -1.43 | 0.45 | 0.18 | -2.05 | 0.86 | -3.29 | |
| 2.42 | -1.09 | -5.07 | 5.75 | 0.26 | 0.73 | 0.92 | 1.70 | 1.45 | 1.49 | 1.74 | 2.17 | |
| -2.75 | 0.29 | 6.83 | -6.44 | -0.66 | -1.51 | -0.36 | -0.98 | -0.91 | -0.93 | -1.66 | -0.01 | |
| Net Cash Flow | 0.25 | 0.06 | -0.06 | -0.06 | 0.34 | 0.82 | -0.88 | 1.17 | 0.71 | -1.49 | 0.94 | -1.12 |
| Free Cash Flow | -0.94 | -0.49 | -6.98 | -2.95 | -0.89 | 0.02 | -2.84 | 0.45 | -0.07 | -2.52 | -0.14 | -4.54 |
| CFO/OP | 171% | 167% | -30% | 394% | 93% | -286% | 73% | -31% | 334% | -76% | 50% | -36% |
Ratios
Standalone / 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 | 42.87 | 54.56 | 60.83 | 37.75 | 71.87 | 18.24 | 96.44 | 51.08 | 65.76 | 39.31 | 71.59 | 140.91 |
| Inventory Days | 163.76 | 163.72 | 199.34 | 42.89 | 123.32 | 106.71 | 523.49 | 260.47 | 233.06 | 148.87 | 197.67 | |
| Days Payable | 45.38 | 48.07 | 87.55 | 23.55 | 63.73 | 88.92 | 158.49 | 87.39 | 49.32 | 188.17 | 241.80 | |
| Cash Conversion Cycle | 161.25 | 170.22 | 172.62 | 57.09 | 131.46 | 36.02 | 461.44 | 51.08 | 238.83 | 223.04 | 32.29 | 96.77 |
| Working Capital Days | 27.39 | -1.24 | 74.90 | 21.78 | 72.90 | 18.24 | 258.80 | 160.67 | 76.72 | 63.56 | 40.56 | 85.28 |
| ROCE % | 1.92% | 8.30% | 6.50% | 5.04% | 3.58% | 1.51% | 1.21% | 2.28% | 8.21% | 7.34% | 13.83% | 9.88% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Permanent Employees on Rolls count |
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| Shanti Juniors Preschool Centers count |
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| K-12 Shanti Asiatic Schools - Franchised count |
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| K-12 Shanti Asiatic Schools - Owned/Joint Venture count |
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| Number of Cities (Shanti Juniors Presence) count |
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| Number of States (Markets Served) count |
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Extracted by Screener AI
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- Shanti Educational Initiatives held its 38th AGM and approved financials, director reappointment, and related party transactions.
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Closure of Trading Window
- Trading window closed from 1 October 2026 until 48 hours after Q2 FY26 results.
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Letter To Shareholder Containing Weblink And Exact Path For Accessing Annual Report And Notice Of 38Th Annual General Meeting.
- 38th AGM on 25 September 2026; annual report sent and KYC update reminder issued.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication pertaining to 38th Annual General Meeting and information of remote e - voting.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Business Model:
The group provides preschool franchising, K-12 and institutional education, curriculum and teacher training, ed-tech, assessments, career services, school management, consultancy, skilling, and related educational services. [1]