Shanti Educational Initiatives Ltd

Shanti Educational Initiatives Ltd

₹ 185 1.59%
02 Jun - close price
About

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]

Key Points

Educational Units

  • Market Cap 2,985 Cr.
  • Current Price 185
  • High / Low 219 / 78.7
  • Stock P/E 540
  • 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 39.4 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -2.35%
  • Company has a low return on equity of 7.61% over last 3 years.
  • Earnings include an other income of Rs.4.09 Cr.
  • Debtor days have increased from 81.3 to 136 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
10.99 7.57 2.91 2.07 1.75 8.49 6.29 6.28 5.27 8.91 5.75 2.53 6.29
10.58 4.32 2.48 2.64 3.71 4.79 4.34 4.33 6.44 5.71 4.29 3.63 5.92
Operating Profit 0.41 3.25 0.43 -0.57 -1.96 3.70 1.95 1.95 -1.17 3.20 1.46 -1.10 0.37
OPM % 3.73% 42.93% 14.78% -27.54% -112.00% 43.58% 31.00% 31.05% -22.20% 35.91% 25.39% -43.48% 5.88%
4.83 0.02 1.78 0.85 1.12 0.12 2.04 0.18 1.14 0.09 2.16 0.25 1.59
Interest 0.30 0.05 0.07 0.04 0.08 0.05 0.13 0.00 0.00 0.01 0.00 0.00 0.00
Depreciation 0.22 0.05 0.05 0.03 0.13 0.08 0.06 0.12 0.25 0.14 0.21 0.21 0.26
Profit before tax 4.72 3.17 2.09 0.21 -1.05 3.69 3.80 2.01 -0.28 3.14 3.41 -1.06 1.70
Tax % 28.60% 26.50% 33.01% -42.86% -18.10% 25.20% 28.68% 18.41% 71.43% 20.38% 23.75% -21.70% 25.88%
3.37 2.33 1.40 0.30 -0.86 2.76 2.70 1.65 -0.48 2.50 2.60 -0.83 1.26
EPS in Rs 0.21 0.14 0.09 0.02 -0.05 0.17 0.17 0.10 -0.03 0.16 0.16 -0.05 0.08
Raw PDF

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
6.13 8.83 9.60 21.95 14.17 12.41 2.99 3.93 10.99 14.30 26.32 23.49
5.62 7.56 8.06 21.44 13.07 13.07 4.94 5.37 10.58 13.15 19.95 19.56
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
OPM % 8.32% 14.38% 16.04% 2.32% 7.76% -5.32% -65.22% -36.64% 3.73% 8.04% 24.20% 16.73%
0.52 2.79 2.19 2.59 1.11 2.44 3.50 3.54 4.83 3.78 3.49 4.09
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
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
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
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
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
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: 51%
3 Years: 29%
TTM: -11%
Compounded Profit Growth
10 Years: 8%
5 Years: 21%
3 Years: 18%
TTM: -16%
Stock Price CAGR
10 Years: %
5 Years: 63%
3 Years: 30%
1 Year: 107%
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 8.12
Total Liabilities 50.35 50.42 61.74 57.30 58.83 65.53 63.90 63.80 66.57 68.00 76.95 83.95
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 54.59
Total Assets 50.35 50.42 61.74 57.30 58.83 65.53 63.90 63.80 66.57 68.00 76.95 83.95

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 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
Debtor Days 42.87 54.56 60.83 37.75 71.87 18.24 96.44 51.08 65.76 39.31 68.78 135.81
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 29.49 91.68
Working Capital Days 27.39 -1.24 74.90 21.78 72.90 18.24 258.80 160.67 76.72 63.56 38.97 82.20
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 2010 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shanti Juniors Preschool Centers
Number

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Permanent Employees
Number
Shanti Asiatic Schools (K-12)
Number
Geographic Presence (Cities)
Number
Total Student Strength (K-12)
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
64.47% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47% 62.37% 52.24% 49.88%
18.62% 18.84% 19.01% 19.01% 18.62% 18.53% 18.52% 18.46% 18.46% 21.85% 22.50% 24.65%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.16% 0.16%
16.92% 16.70% 16.53% 16.53% 16.92% 17.01% 17.02% 17.08% 17.07% 15.78% 25.10% 25.30%
No. of Shareholders 1,8732,1352,1892,7752,3683,3773,3753,7594,0104,2265,9666,725

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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