Shanti Educational Initiatives Ltd
NSE: SEIL BSE: 539921
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]
₹196
52W: ₹65.4 — ₹219
PE 833 · Book ₹4.67 · +4097% vs bookMarket Cap₹3,159 Cr
Stock P/E833Price to Earnings
ROCE13.8%Return on Capital
ROE9.92%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company's working capital requirements have reduced from 59.8 days to 39.0 days
Weaknesses
- −Stock is trading at 42.6 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 7.04% over last 3 years.
- −Earnings include an other income of Rs.3.64 Cr.
Shareholding Pattern
Promoters49.88%
FIIs24.65%
DIIs0.16%
Public25.3%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 64.47% | 64.47% | 64.47% | 64.47% | 64.47% | 62.37%▼2.1 | 52.24%▼10.1 | 49.88%▼2.4 |
| FIIs | 18.62% | 18.53%▼0.1 | 18.52%▼0.0 | 18.46%▼0.1 | 18.46% | 21.85%▲3.4 | 22.5%▲0.6 | 24.65%▲2.1 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0.01%▲0.0 | 0.16%▲0.1 | 0.16% |
| Public | 16.92% | 17.01%▲0.1 | 17.02%▲0.0 | 17.08%▲0.1 | 17.07%▼0.0 | 15.78%▼1.3 | 25.1%▲9.3 | 25.3%▲0.2 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.91 | 2.07 | 1.75 | 8.49 | 6.29 | 6.28 | 5.27 | 8.91 | 5.75 | 2.53 |
| Expenses | 2.48 | 2.64 | 3.71 | 4.79 | 4.34 | 4.33 | 6.44 | 5.71 | 4.29 | 3.63 |
| Operating Profit | 0.43 | -0.57 | -1.96 | 3.7 | 1.95 | 1.95 | -1.17 | 3.2 | 1.46 | -1.1 |
| OPM % | 14.78% | -27.54% | -112% | 43.58% | 31% | 31.05% | -22.2% | 35.91% | 25.39% | -43.48% |
| Net Profit | 1.4 | 0.3 | -0.86 | 2.76 | 2.7 | 1.65 | -0.48 | 2.5 | 2.6 | -0.83 |
| EPS ₹ | 0.09 | 0.02 | -0.05 | 0.17 | 0.17 | 0.1 | -0.03 | 0.16 | 0.16 | -0.05 |
AI Insights
Revenue Trend
TTM revenue at ₹22.46Cr, down 14.7% YoY. OPM at 10.64%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 0.16% (+0.16pp change). FIIs: 24.65% (+6.03pp change). Promoters hold 49.88%.
Margin & Efficiency
ROCE improving from -2.82% (Mar 2014) to 13.83% (Mar 2025). Working capital days: 38.97.
Valuation
PE 833x with 13.8% ROCE. Price is 4097% above book value of ₹4.67. Dividend yield: 0%.
Recent Announcements
- Board Meeting Intimation for Approval Of Financial Results 13 May - Board meeting on May 21, 2026 to approve FY26 audited standalone and consolidated results; trading window closed.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10 Apr - Confirms SEBI large corporate disclosure norms are not applicable to Shanti Educational Initiatives.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr
- Announcement under Regulation 30 (LODR)-Meeting Updates 6 Apr - Postal ballot on 4 Apr 2026 approved object clause change and Susanta Kumar Panda’s reappointment.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 6 Apr
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse