Ironwood Education Ltd

Ironwood Education Ltd

₹ 28.8 -4.96%
18 Nov - close price
About

Incorporated in 1983, Ironwood Education Ltd is engaged in Vocational education in Media, Entertainment and Sports Management[1]

Key Points

Business Overview:[1]
Company provides vocational education & training in media, entertainment and sports sector, in India and Dubai. It offers career-centred professional courses leading to industry relevant skills, job employability and entrepreneurship

  • Market Cap 22.7 Cr.
  • Current Price 28.8
  • High / Low 35.5 / 20.1
  • Stock P/E
  • Book Value 8.04
  • Dividend Yield 0.00 %
  • ROCE -3.47 %
  • ROE -16.6 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.57 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -14.2% over last 3 years.
  • Debtor days have increased from 83.6 to 100 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.19 0.53 0.63 0.68 0.36 0.81 0.52 0.95 0.84 0.81 1.47 0.67 0.90
1.03 0.71 0.85 0.99 0.85 0.82 0.94 1.12 1.17 1.00 1.31 1.08 1.03
Operating Profit -0.84 -0.18 -0.22 -0.31 -0.49 -0.01 -0.42 -0.17 -0.33 -0.19 0.16 -0.41 -0.13
OPM % -442.11% -33.96% -34.92% -45.59% -136.11% -1.23% -80.77% -17.89% -39.29% -23.46% 10.88% -61.19% -14.44%
0.09 0.02 0.03 0.13 0.13 0.10 0.01 0.01 1.12 0.02 -5.42 0.03 1.25
Interest 0.11 0.10 0.12 0.14 0.15 0.15 0.17 0.15 0.15 0.12 0.36 0.11 0.05
Depreciation 0.04 0.04 0.04 0.09 0.12 0.12 0.13 0.10 0.11 0.11 0.11 0.11 0.11
Profit before tax -0.90 -0.30 -0.35 -0.41 -0.63 -0.18 -0.71 -0.41 0.53 -0.40 -5.73 -0.60 0.96
Tax % 0.00% 0.00% 11.43% 0.00% 0.00% 0.00% -4.23% 0.00% 0.00% 0.00% 0.35% 0.00% 0.00%
-0.92 -0.36 -0.48 -0.41 -0.63 -0.18 -0.67 -0.41 0.53 -0.40 -5.75 -0.60 0.96
EPS in Rs -1.15 -0.46 -0.61 -0.52 -0.80 -0.23 -0.85 -0.52 0.67 -0.51 -7.27 -0.76 1.21
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
8.70 9.69 8.01 7.60 7.10 7.31 5.75 5.58 2.63 2.19 2.37 4.07 3.85
8.60 9.73 7.69 7.69 8.53 8.97 8.79 6.77 4.03 3.51 3.55 4.53 4.42
Operating Profit 0.10 -0.04 0.32 -0.09 -1.43 -1.66 -3.04 -1.19 -1.40 -1.32 -1.18 -0.46 -0.57
OPM % 1.15% -0.41% 4.00% -1.18% -20.14% -22.71% -52.87% -21.33% -53.23% -60.27% -49.79% -11.30% -14.81%
0.07 0.77 0.81 0.87 0.80 0.44 0.30 0.72 0.27 0.35 0.38 -4.33 -4.12
Interest 0.02 0.00 0.00 0.00 0.00 0.00 0.06 0.20 0.32 0.45 0.68 0.79 0.64
Depreciation 0.56 0.16 0.20 0.15 0.16 0.18 0.04 0.45 0.54 0.26 0.45 0.43 0.44
Profit before tax -0.41 0.57 0.93 0.63 -0.79 -1.40 -2.84 -1.12 -1.99 -1.68 -1.93 -6.01 -5.77
Tax % -31.71% -12.28% -1.08% 9.52% -2.53% 4.29% 0.35% 5.36% 1.51% 1.79% -2.07% 0.17%
-0.28 0.64 0.93 0.56 -0.77 -1.46 -2.85 -1.18 -2.02 -1.90 -1.88 -6.03 -5.79
EPS in Rs -0.43 0.97 1.18 0.71 -0.97 -1.85 -3.60 -1.49 -2.55 -2.40 -2.38 -7.63 -7.33
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: -8%
5 Years: -7%
3 Years: 16%
TTM: 23%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: 8%
TTM: 85%
Stock Price CAGR
10 Years: -3%
5 Years: 0%
3 Years: -9%
1 Year: 37%
Return on Equity
10 Years: -6%
5 Years: -12%
3 Years: -14%
Last Year: -17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 6.01 6.01 7.91 7.91 7.91 7.91 7.91 7.91 7.91 7.91 7.91 7.91 7.91
Reserves 17.11 18.59 19.81 20.44 19.67 14.19 11.29 9.95 8.14 6.17 3.93 -1.94 -1.55
0.10 0.10 0.00 0.00 0.00 0.00 0.86 2.33 5.77 7.04 10.46 9.73 9.81
3.55 2.72 2.24 1.75 2.54 2.77 2.93 4.18 2.05 1.59 1.85 2.58 1.90
Total Liabilities 26.77 27.42 29.96 30.10 30.12 24.87 22.99 24.37 23.87 22.71 24.15 18.28 18.07
17.90 17.88 17.65 17.54 17.45 17.35 17.34 19.28 18.78 17.61 18.85 12.89 12.71
CWIP 0.00 0.12 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.01 0.00 0.00 0.00
Investments 5.44 6.45 5.30 5.30 6.93 1.39 2.09 2.00 3.60 3.76 3.76 3.50 3.50
3.43 2.97 7.01 7.26 5.74 6.13 3.56 3.07 1.49 1.33 1.54 1.89 1.86
Total Assets 26.77 27.42 29.96 30.10 30.12 24.87 22.99 24.37 23.87 22.71 24.15 18.28 18.07

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.03 0.64 0.20 -0.19 -1.08 -1.51 -2.83 0.83 -1.81 -1.38 -1.29 -0.82
-0.34 -1.23 -1.57 0.00 -0.81 1.59 1.33 -2.19 0.10 -0.42 -0.26 1.48
0.84 0.00 1.90 0.00 0.00 0.00 0.85 1.28 1.63 1.81 1.67 -0.94
Net Cash Flow 1.53 -0.59 0.53 -0.19 -1.90 0.07 -0.65 -0.08 -0.08 0.01 0.13 -0.29

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 6.71 12.81 10.94 17.29 26.73 28.96 31.74 35.98 92.98 75.00 75.46 100.44
Inventory Days
Days Payable
Cash Conversion Cycle 6.71 12.81 10.94 17.29 26.73 28.96 31.74 35.98 92.98 75.00 75.46 100.44
Working Capital Days -81.81 -73.08 84.76 107.58 -49.35 -26.96 -67.92 -60.18 -126.29 -135.00 -146.31 -99.55
ROCE % -1.66% 0.25% 2.53% 2.25% -2.82% -5.64% -13.19% -4.57% -7.95% -5.73% -5.76% -3.47%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.70% 55.70% 55.74% 56.04% 56.04% 57.40% 57.40% 57.40% 57.40% 57.71% 57.71% 57.71%
1.26% 1.26% 1.26% 2.46% 2.46% 2.46% 2.46% 2.46% 2.46% 2.46% 2.46% 2.46%
1.20% 1.20% 1.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
41.84% 41.84% 41.80% 41.50% 41.50% 40.16% 40.14% 40.14% 40.14% 39.83% 39.84% 39.82%
No. of Shareholders 8531,0011,0541,1201,1451,1711,1661,2861,4472,1692,1561,975

* 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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