Moxsh Overseas Educon Ltd
Incorporated in 2018, Moxsh Overseas Educon Limited is an Edu-Medi Tech company engaged in the business of offering learning solutions, counseling, and mobility services to medical studies (MBBS) students in India or abroad under its brand "MOKSH" (' student mobility services').[1]
- Market Cap ₹ 27.4 Cr.
- Current Price ₹ 122
- High / Low ₹ 150 / 100
- Stock P/E 24.6
- Book Value ₹ 56.2
- Dividend Yield 0.00 %
- ROCE 20.0 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 210 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 68.0 days to 270 days
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
8.14 | 3.86 | 10.08 | 12.27 | 14.86 | |
7.85 | 3.66 | 8.19 | 10.28 | 12.51 | |
Operating Profit | 0.29 | 0.20 | 1.89 | 1.99 | 2.35 |
OPM % | 3.56% | 5.18% | 18.75% | 16.22% | 15.81% |
0.04 | 0.00 | -0.03 | 0.04 | 0.07 | |
Interest | 0.01 | 0.04 | 0.07 | 0.23 | 0.63 |
Depreciation | 0.02 | 0.08 | 0.30 | 0.43 | 0.20 |
Profit before tax | 0.30 | 0.08 | 1.49 | 1.37 | 1.59 |
Tax % | 30.00% | 37.50% | 26.85% | 27.01% | |
0.22 | 0.05 | 1.09 | 1.01 | 1.11 | |
EPS in Rs | 44.00 | 9.09 | 30.28 | 4.51 | 4.95 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 66% |
TTM: | -63% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 27% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 0.05 | 0.06 | 0.36 | 2.24 | 2.24 |
Reserves | 0.22 | 0.29 | 1.11 | 10.16 | 10.35 |
0.35 | 0.00 | 0.44 | 1.69 | 1.08 | |
0.63 | 1.10 | 2.96 | 1.81 | 2.35 | |
Total Liabilities | 1.25 | 1.45 | 4.87 | 15.90 | 16.02 |
0.19 | 1.02 | 1.56 | 2.04 | 1.78 | |
CWIP | 0.08 | 0.04 | 0.05 | 0.09 | 0.15 |
Investments | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
0.98 | 0.39 | 3.25 | 13.76 | 14.08 | |
Total Assets | 1.25 | 1.45 | 4.87 | 15.90 | 16.02 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
-0.16 | 1.13 | 0.53 | -7.86 | |
-0.24 | -0.87 | -0.86 | -3.17 | |
0.34 | -0.36 | 0.44 | 11.03 | |
Net Cash Flow | -0.06 | -0.10 | 0.11 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 0.00 | 4.73 | 78.21 | 210.02 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 0.00 | 4.73 | 78.21 | 210.02 |
Working Capital Days | 10.31 | -54.84 | -10.86 | 269.81 |
ROCE % | 24.74% | 141.59% | 20.00% |
Documents
Announcements
- Disclosure under SEBI Takeover Regulations 12 April 2024
- Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 12 April 2024
- Related Party Transactions 12 April 2024
- Updates 12 April 2024
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 12 April 2024
Business Area[1] MOEL is a digitally native, technology-led business, providing an online learning program for medical entrance examinations, NEET-UG, and for medicos to appear for medical licensing examinations such as USMEL, PLAB, DHA, NeXT, FMGE, etc. under its brand "Moksh Academy". The company also advises students on their medical career planning and execution