Elevate Campuses Ltd
Incorporated in 2005, Elevate Campuses Ltd.
is an education infrastructure company engaged in owning, operating, and managing on-campus student accommodation for higher education institutions (HEIs) and owning K-12 school assets.[1]
- Market Cap ₹ 5,934 Cr.
- Current Price ₹ 345
- High / Low ₹ /
- Stock P/E 528
- Book Value ₹
- Dividend Yield %
- ROCE 6.99 %
- ROE 1.43 %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.73% over last 3 years.
- Earnings include an other income of Rs.160 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 87 | 132 | 144 | 157 | 125 | |
| 29 | 42 | 58 | 59 | 75 | |
| Operating Profit | 58 | 89 | 86 | 98 | 50 |
| OPM % | 66% | 68% | 60% | 63% | 40% |
| 7 | 17 | 15 | 23 | 160 | |
| Interest | 45 | 45 | 39 | 45 | 74 |
| Depreciation | 11 | 12 | 12 | 11 | 11 |
| Profit before tax | 8 | 50 | 50 | 65 | 125 |
| Tax % | 37% | 26% | 25% | 25% | 29% |
| 5 | 37 | 38 | 48 | 89 | |
| EPS in Rs | 2.23 | 16.43 | 16.73 | 21.86 | 40.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -33% |
| TTM: | -79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 5% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | |
| Reserves | 679 | 716 | 741 | 784 | |
| 492 | 426 | 411 | 500 | ||
| 92 | 119 | 163 | 179 | ||
| Total Liabilities | 1,264 | 1,264 | 1,317 | 1,465 | |
| 258 | 252 | 233 | 195 | ||
| CWIP | 0 | 0 | 0 | 0 | |
| Investments | 350 | 351 | 374 | 382 | |
| 657 | 661 | 710 | 887 | ||
| Total Assets | 1,264 | 1,264 | 1,317 | 1,465 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 102 | 106 | 110 | 71 | 60 | |
| -188 | 17 | -60 | 181 | -1,574 | |
| 14 | -110 | -67 | 47 | 1,227 | |
| Net Cash Flow | -72 | 13 | -16 | 298 | -287 |
| Free Cash Flow | 101 | 100 | 118 | 104 | 251 |
| CFO/OP | 173% | 120% | 128% | 74% | 139% |
Ratios
Standalone / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 3 | 2 | 1 | 1 | |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 3 | 2 | 1 | 1 | |
| Working Capital Days | -19 | 344 | -126 | -193 | |
| ROCE % | 8% | 9% | 9% |
Business Overview[1]
Elevate Campuses Limited is an education-infrastructure platform focused primarily on student accommodation and K-12 school assets. It owns, operates, and manages on-campus student accommodation for higher-education institutions (HEIs), while also owning K-12 school infrastructure in India and Dubai. As of FY26, the Pre-Acquisition Group had a total capacity of 80,255 students, comprising 20,368 owned beds, 55,487 managed beds, and 4,400 K-12 student capacity.