BSE: 531840 | NSE: | IT - Education | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that IEC Education Ltd is a below average quality company.
The key valuation ratios of IEC Education Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of IEC Education Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -0.3% | 0.4% | -1.5% | -2.6% | -2.7% | -1.6% | -0.6% | -0.6% | -0.6% | -2.9% | - |
| Value Creation Index ⓘ | -1.0 | -1.0 | -1.1 | -1.2 | -1.2 | -1.1 | -1.0 | -1.1 | -1.0 | -1.2 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 3.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales YoY Gr. | - | -99.7% | 100% | -100% | NA | NA | NA | NA | NA | NA | - |
| Adj EPS ⓘ | 0 | 0.1 | -0.3 | -0.5 | -0.6 | -0.4 | -0.2 | -0.1 | -0.1 | -0.5 | -0.7 |
| YoY Gr. | - | 400% | -740% | NA | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 22.7 | 22.7 | 22.4 | 21.9 | 21.3 | 21 | 20.9 | 20.7 | 20.6 | 19.9 | 19.9 |
| Adj Net Profit ⓘ | 0 | 0.1 | -0.5 | -0.8 | -0.9 | -0.5 | -0.2 | -0.2 | -0.2 | -0.7 | -1 |
| Cash Flow from Ops. ⓘ | -1.1 | 0.2 | -2.2 | 0 | 0 | 0 | -0.1 | -0.1 | 0 | -0.7 | - |
| Debt/CF from Ops. ⓘ | -1.5 | 10.3 | -0.8 | 87.6 | -580 | 51 | -22.2 | -21.6 | 3363.8 | -2.6 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -100% | NA | NA | NA | ||||
| Adj EPS ⓘ | -253% | NA | NA | NA | ||||
| BVPSⓘ | -1.4% | -1.3% | -1.5% | -3.1% | ||||
| Share Price | 15.6% | 76.7% | 158.3% | 1623% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0 | 0.2 | -1.4 | -2.4 | -2.8 | -1.7 | -0.7 | -0.7 | -0.6 | -2.3 | -3.4 |
| Op. Profit Mgn % ⓘ | 19.3 | -9148.5 | -2375.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAN |
| Net Profit Mgn % ⓘ | 0.4 | 623.9 | -2010.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -INF |
| Debt to Equity ⓘ | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | - |
| Working Cap Days ⓘ | 3,610 | 9,04,860 | 4,95,799 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conv. Cycle ⓘ | 703 | 1,90,593 | 94,549 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
No data to display
Return on Equity is Poor
Sales growth has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.7 | -0.5 |
| TTM Sales (₹ Cr.) | 0 | 0 |
| BVPS (₹.) ⓘ | 19.9 | 19.7 |
| Reserves (₹ Cr.) ⓘ | 15 | 15 |
| P/BV ⓘ | 0.98 | 0.99 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 1.69 / 19.47 |
| All Time Low / High (₹) | 1.13 / 269.65 |
| Market Cap (₹ Cr.) | 29.7 |
| Equity (₹ Cr.) | 15.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 63.2 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.36 | 0.01 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses ⓘ | 2.77 | 1.24 | 0.60 | 0.40 | 0.43 | 0.52 | 0.22 | 0.20 | 0.51 | 0.62 |
| Manufacturing Costs | 1.33 | 0.02 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Material Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Employee Cost | 0.48 | 0.39 | 0.34 | 0.20 | 0.24 | 0.32 | 0.14 | 0.07 | 0.20 | 0.10 |
| Other Costs ⓘ | 0.96 | 0.83 | 0.25 | 0.20 | 0.19 | 0.20 | 0.08 | 0.13 | 0.31 | 0.52 |
| Operating Profit ⓘ | 0.59 | -1.23 | -0.58 | -0.40 | -0.43 | -0.52 | -0.22 | -0.20 | -0.51 | -0.62 |
| Operating Profit Margin (%) | 17.5% | -9,148.5% | -2,375.3% | - | - | - | - | - | - | - |
| Other Income ⓘ | 0 | 1.90 | 0.53 | 0 | 0 | 0 | 0.04 | 0.01 | 0.32 | 0 |
| Interest ⓘ | 0.01 | 0.01 | 0.02 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 0.63 | 0.55 | 0.51 | 0.51 | 0.51 | 0.02 | 0.02 | 0.02 | 0.01 | 0 |
| Exceptional Items ⓘ | -0.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.33 |
| Profit Before Tax ⓘ | -0.13 | 0.12 | -0.57 | -0.91 | -0.94 | -0.54 | -0.20 | -0.21 | -0.21 | -0.96 |
| Tax ⓘ | -0.05 | 0.04 | -0.08 | -0.09 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -0.08 | 0.08 | -0.49 | -0.82 | -0.94 | -0.54 | -0.20 | -0.21 | -0.21 | -0.96 |
| PAT Margin (%) | -2.4% | 623.9% | -2,016.0% | - | - | - | - | - | - | - |
| Adjusted EPS (₹) | -0.1 | 0.1 | -0.3 | -0.5 | -0.6 | -0.4 | -0.1 | -0.1 | -0.1 | -0.6 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 34.60 | 34.69 | 34.20 | 33.38 | 32.44 | 32.01 | 31.81 | 31.60 | 31.39 | 30.43 |
| Share Capital ⓘ | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 | 15.26 |
| Reserves ⓘ | 19.34 | 19.43 | 18.94 | 18.12 | 17.18 | 16.75 | 16.55 | 16.34 | 16.13 | 15.17 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 1.71 | 1.70 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 |
| Long Term Debt | 0.03 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 |
| Trade Payables | 0.89 | 0.47 | 0.51 | 0.51 | 0.33 | 0.26 | 0.27 | 0.26 | 0.01 | 0.03 |
| Others Liabilities ⓘ | 0.69 | 0.06 | -0.05 | 0.58 | 0.50 | 0.50 | 0.47 | 0.45 | 0.56 | -0.26 |
| Total Liabilities ⓘ | 37.89 | 36.92 | 36.34 | 36.15 | 34.95 | 34.45 | 34.23 | 33.99 | 33.64 | 31.88 |
Fixed Assets | ||||||||||
| Gross Block | 6.82 | 6.82 | 6.82 | 6.72 | 5.96 | 5.96 | 5.92 | 5.88 | 0.75 | 1.22 |
| Accumulated Depreciation | 4.08 | 4.62 | 5.13 | 5.54 | 5.49 | 5.39 | 5.37 | 5.34 | 0.34 | 1.22 |
| Net Fixed Assetsⓘ | 2.75 | 2.20 | 1.69 | 1.19 | 0.47 | 0.57 | 0.55 | 0.53 | 0.41 | 0 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.76 | 0.43 |
| Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Receivables | 7.43 | 6.58 | 6.04 | 5.91 | 5.91 | 5.91 | 5.91 | 5.91 | 5.91 | 5.91 |
| Cash Equivalents | 0.13 | 1.78 | 0.05 | 0.07 | 0.23 | 0.26 | 0.23 | 0.16 | 0.27 | 0.02 |
| Others Assetsⓘ | 26.83 | 25.60 | 27.80 | 28.23 | 27.58 | 26.95 | 26.79 | 26.62 | 26.29 | 25.52 |
| Total Assets ⓘ | 37.89 | 36.92 | 36.34 | 36.15 | 34.95 | 34.45 | 34.23 | 33.99 | 33.64 | 31.88 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -1.14 | 0.17 | -2.23 | 0.02 | 0 | 0.03 | -0.08 | -0.08 | 0 | -0.65 |
| PBT ⓘ | -0.06 | 0.12 | -0.57 | -0.91 | -0.94 | -0.54 | -0.20 | -0.21 | -0.21 | -0.62 |
| Adjustment ⓘ | 0.62 | -0.95 | 0 | 0.51 | 0.54 | 0.02 | -0.02 | 0.01 | 0.01 | 0 |
| Changes in Working Capital ⓘ | -1.64 | 1.15 | -1.66 | 0.42 | 0.39 | 0.55 | 0.15 | 0.13 | 0.2 | -0.03 |
| Tax Paid ⓘ | -0.07 | -0.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | 0.23 | 1.50 | 0.52 | 0 | 0.17 | 0 | 0.04 | 0.01 | 0.11 | 0.41 |
| Capex | 0.23 | 0 | 0 | 0 | 0.17 | 0 | 0.04 | 0.01 | 0.11 | 0.41 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 1.50 | 0.52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | -0.17 | -0.02 | -0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -0.17 | -0.02 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | -1.08 | 1.65 | -1.73 | 0.02 | 0.17 | 0.03 | -0.04 | -0.07 | 0.11 | -0.25 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -0.23 | 0.24 | -1.42 | -2.43 | -2.86 | -1.67 | -0.63 | -0.67 | -0.67 | -3.1 |
| ROCE (%) | -0.33 | 0.36 | -1.53 | -2.55 | -2.7 | -1.58 | -0.58 | -0.63 | -0.62 | -2.94 |
| Asset Turnover Ratio | 0.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PAT to CFO Conversion(x) | N/A | 2.13 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 809 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
IEC education ( India Education Centre) is one of the premium Computer Training Institutes in the country which has grown immensely from a humble beginning to an established brand in providing quality education.
India Education Centre was an Association of Persons run and managed by Gupta Enterprises, a registered private family trust established on October 16, 1981 with R.L Gupta and family.
Gupta Enterprises had been engaged in imparting technical and Vocational education including computer education and other allied activities in the field of computers since 1981 in the name of India Education Centre.
India Education Centre took upon the corporate character on August 23, 1994 after being incorporated as India Education Centre which took over India Education Centre owned by Gupta Enterprises and had taken upon the task of establishing, maintaining, supervising educational, technical and vocational institutions for training of manpower including computer education institutes, and other institutions which will help in promoting employment opportunities and make available trained manpower to Government trade and industry. Since then it is a frontrunner in imparting IT education. Later, on January 19, 1998 , India Education Centre, changed its name to IEC Softwares & now called IEC Education to realize its two fold ambitious objectives, one of Software Development projects, IT services, promotion of export of Computer Software and other ,Dissemination , promotion of knowledge in the field of Computer Education.
In 1999 the Company through its Vocational Educational Foundation (VEF) had already marked its entry in the formal sector of Education by setting up, IEC College of Engineering and Technology, Greater Noida, which since 1999 has made a phenomenal progress and has expanded its field to pharmacy, Hotel Management, PGDM.
VEF itself came into existence in 1989, with the aim of providing relevant and reliable education in different parts of India, a nation in need of initiatives for educating its large population. Vocational Education Foundation strives to provide high quality education and leave no stone unturned to achieve this goal.
IEC has enjoyed its global presence with 7 branches and over 275 franchisee centers in India and in countries like Nepal, Maldives, Singapore and Oman; it provided a wide spectrum of unique Information Technology solutions and services to a clientele of premier organizations in the government.
IEC has been conceived with the ambitious objectives of developing professional expertise and skilled manpower in Information Technology (IT) and related areas. This will enable the IT Professionals to exploit efficiently emerging opportunities, and meet economic challenges being thrown up by the rapid global IT revolution, which is influencing virtually every area of development and social activity.
Presently under an agreement with Rajasthan Government, IEC is providing Computer Education to 56 colleges under Rajasthan University and Mohanlal Sukhodia University of Rajasthan along with 844 schools in the states. Close to two lacks students in Rajasthan Colleges and Schools are getting computer education & training under this programmed.
IEC Softwares, an ISO-9001 company is one of the pioneers in India, in the field of Information Technology, having started operations two decades back.
Today IEC is an established brand name in Computer Education, Science, Technology and Management, Hotel Management, Pharmacy, Vocational education, and an organization of national repute.
Services offered by the company:
Accreditations and Affiliations:
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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