Shanti Educational Initiatives Ltd

Shanti Educational Initiatives Ltd

₹ 172 -1.63%
22 Nov - 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 2,769 Cr.
  • Current Price 172
  • High / Low 208 / 52.0
  • Stock P/E 593
  • Book Value 4.31
  • Dividend Yield 0.00 %
  • ROCE 8.27 %
  • ROE 5.89 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Debtor days have improved from 48.2 to 30.5 days.
  • Company's working capital requirements have reduced from 71.7 days to 52.7 days

Cons

  • Stock is trading at 39.9 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.4.99 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

Sector: Education Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
8.44 4.52 3.19 2.90 9.83 9.77
4.74 3.50 3.96 5.31 5.89 8.26
Operating Profit 3.70 1.02 -0.77 -2.41 3.94 1.51
OPM % 43.84% 22.57% -24.14% -83.10% 40.08% 15.46%
0.38 1.55 0.90 1.26 0.25 2.58
Interest 0.05 0.07 0.04 0.08 0.05 0.13
Depreciation 0.06 0.09 0.08 0.19 0.14 0.31
Profit before tax 3.97 2.41 0.01 -1.42 4.00 3.65
Tax % 21.16% 40.25% -1,500.00% -23.24% 23.00% 31.23%
3.13 1.44 0.17 -1.09 3.09 2.50
EPS in Rs 0.19 0.09 0.01 -0.07 0.19 0.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 TTM
10.99 18.41 25.69
10.58 16.66 23.42
Operating Profit 0.41 1.75 2.27
OPM % 3.73% 9.51% 8.84%
4.83 3.96 4.99
Interest 0.30 0.32 0.30
Depreciation 0.22 0.43 0.72
Profit before tax 4.72 4.96 6.24
Tax % 28.60% 26.41%
3.37 3.65 4.67
EPS in Rs 0.21 0.23 0.29
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 68%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 8%
Stock Price CAGR
10 Years: %
5 Years: 80%
3 Years: 158%
1 Year: 162%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Sep 2024
Equity Capital 16.10 16.10 16.10
Reserves 44.21 47.62 53.32
2.20 1.53 4.17
4.50 4.15 12.91
Total Liabilities 67.01 69.40 86.50
18.15 19.19 20.79
CWIP 0.00 0.11 0.00
Investments 9.32 9.43 8.90
39.54 40.67 56.81
Total Assets 67.01 69.40 86.50

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
0.46 -1.11
1.46 0.32
-0.91 -0.93
Net Cash Flow 1.01 -1.72

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 65.76 30.53
Inventory Days 260.47 233.06
Days Payable 87.39 49.32
Cash Conversion Cycle 238.83 214.27
Working Capital Days 90.67 52.74
ROCE % 8.27%

Shareholding Pattern

Numbers in percentages

16 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
64.20% 64.20% 64.20% 64.33% 64.33% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47% 64.47%
14.37% 14.51% 14.68% 14.76% 18.40% 18.42% 18.62% 18.84% 19.01% 19.01% 18.62% 18.53%
21.44% 21.29% 21.12% 20.91% 17.26% 17.12% 16.92% 16.70% 16.53% 16.53% 16.92% 17.01%
No. of Shareholders 7571,3181,0842,3292,1082,0581,8732,1352,1892,7752,3683,377

* 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.

Click on the line-items to see the names of individual entities.

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