MT Educare Ltd

MT Educare is an education support and coaching services provider for students in the secondary and higher secondary school and for students pursuing graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations.

  • Market Cap: 90.65 Cr.
  • Current Price: 12.55
  • 52 weeks High / Low 39.30 / 6.24
  • Book Value: 31.65
  • Stock P/E: 5.08
  • Dividend Yield: 0.00 %
  • ROCE: 8.93 %
  • ROE: 4.45 %
  • Sales Growth (3Yrs): -7.32 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Edit ratios
Pros:
Company has reduced debt.
Stock is trading at 0.40 times its book value
Debtor days have improved from 69.16 to 40.71 days.
Cons:
The company has delivered a poor growth of 2.52% over past five years.
Company has a low return on equity of -21.94% for last 3 years.
Contingent liabilities of Rs.29.23 Cr.
Promoters have pledged 58.38% of their holding.
Earnings include an other income of Rs.27.81 Cr.
Company's cost of borrowing seems high

Peer comparison Sector: Education // Industry: Miscellaneous

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
66.50 78.73 61.80 41.34 40.76 70.40 58.16 49.71 50.29 62.67 64.41 54.79
76.15 67.92 52.50 151.23 122.84 63.01 49.88 42.70 44.47 49.80 48.50 36.88
Operating Profit -9.65 10.81 9.30 -109.89 -82.08 7.39 8.28 7.01 5.82 12.87 15.91 17.91
OPM % -14.51% 13.73% 15.05% -265.82% -201.37% 10.50% 14.24% 14.10% 11.57% 20.54% 24.70% 32.69%
Other Income 4.20 3.70 3.97 3.70 3.13 3.78 4.15 5.53 7.32 8.11 8.26 4.12
Interest 6.55 5.66 5.76 5.54 6.02 6.33 5.30 4.46 3.68 6.05 6.57 6.72
Depreciation 4.77 5.39 5.49 5.38 5.11 4.58 4.58 4.53 4.44 9.59 9.86 9.88
Profit before tax -16.77 3.46 2.02 -117.11 -90.08 0.26 2.55 3.55 5.02 5.34 7.74 5.43
Tax % 34.70% 33.82% 71.29% 23.11% 50.42% -234.62% 54.51% 34.08% 5.18% 24.91% 31.27% 30.57%
Net Profit -10.95 2.29 0.58 -90.04 -44.66 0.87 1.15 2.35 4.75 4.01 5.31 3.77
EPS in Rs -2.75 0.60 0.15 -22.61 -11.08 0.12 0.16 0.33 0.66 0.55 0.74 0.52
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
108 131 157 202 227 287 305 223 229 232
87 107 128 159 180 229 274 394 199 180
Operating Profit 20 23 29 42 47 58 31 -171 30 53
OPM % 19% 18% 19% 21% 21% 20% 10% -77% 13% 23%
Other Income 1 4 5 2 7 8 13 14 20 28
Interest 0 0 0 0 4 3 14 23 21 23
Depreciation 8 8 9 13 9 16 19 21 18 34
Profit before tax 13 19 25 32 41 48 11 -202 11 24
Tax % 38% 33% 30% 35% 29% 32% 46% 35% 20%
Net Profit 8 13 18 21 30 32 6 -132 9 18
EPS in Rs 4.23 4.90 6.94 7.71 1.47 0.00 1.26 2.47
Dividend Payout % 17% 12% 44% 43% 35% 25% 0% -0% 0%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:%
5 Years:2.52%
3 Years:-7.32%
TTM:5.99%
Compounded Profit Growth
10 Years:%
5 Years:-14.76%
3 Years:-33.95%
TTM:144.28%
Stock Price CAGR
10 Years:%
5 Years:-36.77%
3 Years:-40.54%
1 Year:-53.17%
Return on Equity
10 Years:%
5 Years:-6.89%
3 Years:-21.94%
Last Year:4.45%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
34 35 40 40 40 40 40 72 72 72
Reserves 13 22 62 72 86 109 102 133 147 156
Borrowings 4 0 0 0 5 35 145 173 132 85
54 73 77 71 83 94 89 96 102 216
Total Liabilities 106 130 178 183 214 278 375 474 454 530
33 31 67 101 66 73 85 65 112 105
CWIP 1 16 12 7 4 11 4 1 2 5
Investments 24 14 17 12 1 1 0 0 0 0
47 68 81 63 142 193 286 408 339 420
Total Assets 106 130 178 183 214 278 375 474 454 530

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
15 12 27 17 17 32 -79 -65 -44
-10 -6 -48 -22 -5 -50 -7 -150 138
4 -10 28 -9 -8 14 92 201 -93
Net Cash Flow 9 -3 7 -15 5 -3 5 -14 1

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 34% 32% 30% 37% 33% 11% -54% 9%
Debtor Days 18 18 23 16 34 58 138 29 41
Inventory Turnover 361.00 163.56 45.42 11.37 0.00

Shareholding pattern in percentages

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
42.78 42.78 23.73 83.22 83.22 82.71 82.71 82.71 82.71 82.71 77.47 77.47
7.78 6.17 0.35 0.21 0.21 0.17 0.10 0.10 0.10 0.00 0.00 0.00
0.11 0.33 0.13 0.05 0.04 0.00 0.00 0.02 0.00 0.01 0.00 0.00
49.33 50.71 75.79 16.52 16.53 17.12 17.19 17.17 17.20 17.28 22.53 22.53