Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Shanti Educational Initiatives Limited

NSE: SEILEducation

Share price

₹178.68

+0.31% close of 9 Oct 2026

Market cap ₹2,877 CrP/E 495.1

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

36

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,877 Cr

P/E ratio

495.1

P/B ratio

37.5

ROCE

10.3%

ROE

8.0%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹234.8752-week low ₹109.85

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Jun 2024 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Jun 2024 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 24.8 times its growth rate, on earnings growth of 20%.

Profit growthPrice per ₹1 profitPer 1% growth
Shanti Educational Initiatives Limited — this one20%/yr495.1×₹24.8
NIIT Learning Systems Limited1%/yr12.3×₹12.3
NIIT Limited41%/yr79.1×₹1.9
Global Education Limited5%/yr27.3×₹5.5
Aptech Limited-28%/yr19.0×—
Career Point Edutech Limited—13.9×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Education), it ranks 6 of 13 on returns, 3 of 12 on growth, 5 of 12 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 10.3% on capital, ahead of 54% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the 4 years of cash statements on file the business itself consumed ₹4 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹2 crore to ₹6 crore.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 9 checks clear · 56%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 11 Aug 2026 · Consolidated · Unaudited

Revenue

₹16 Cr

Revenue vs last year

+7.5%

Revenue vs last quarter

-29.7%

Net profit

₹3 Cr

Profit vs last year

-2.7%

Profit vs last quarter

+188.0%

Net margin

17.3%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹2,877 Cr
Prev close
₹178.68
52w High
₹240
52w Low
₹109
Enterprise value
₹2,881 Cr
Beta
1.2
Price CAGR 1y
69.0%
Price CAGR 3y
41.0%
Price CAGR 5y
75.0%
Price CAGR 10y
35.0%

Ratios

Return on assets
5.8%
PEG ratio
24.7
P/E ratio
495.1
P/B ratio
37.5
EV / EBITDA
447.4
Industry P/E
23.3
ROCE
10.3%
ROCE 5y average
10.9%
ROE
8.0%
Debt / Equity
0.1
Interest coverage
13.3
Dividend yield
0.0%
ROE 3y average
8.0%
ROE last year
8.0%

Annual P&L

Annual revenue
₹54 Cr
Annual profit
₹6 Cr
Operating margin
11.4%
Net profit margin
10.9%
EBITDA margin
11.4%
Sales growth 3y
70.3%
Sales growth 5y
—
Profit growth 3y
20.0%
Profit growth 5y
—
EPS
₹0.4
Sales growth TTM
-12.0%
Profit growth TTM
-16.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹16 Cr
Profit latest quarter
₹3 Cr
YoY quarterly sales growth
7.5%
YoY quarterly profit growth
-2.8%
OPM latest quarter
26.3%

Balance Sheet

Book Value
₹4.8
Face Value
₹1.0
Total debt
₹6 Cr
Total cash
₹2 Cr
Borrowings
₹6 Cr
Reserves / Equity
3.8

Cash Flow

Operating cash flow
-₹0 Cr
Free cash flow
-₹2 Cr
FCF yield
-0.1%
Net cash flow
-₹2 Cr

Shareholding

Promoter holding
49.9%
FII holding
25.7%
DII holding
0.0%
Public holding
24.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Shanti Educat.179.65497.92,8920.002.8-2.816.37.510.3
NIIT Learning198.4511.92,7421.6157.48.8565.125.220.9
NIIT82.0580.01,1241.227.560.195.713.72.2
Vinsys IT Serv.581.0028.88570.0021.49.5148.424.121.4
Global Education144.0029.77330.674.40.213.5-6.129.2
Aptech85.9019.24985.247.711.3133.811.115.4
Career Point Edu181.0014.13291.388.012.914.3-0.147.8
Median161.8228.83040.215.96.718.17.714.2

Competes with: Aptech Limited, CL Educate Limited, Career Point Edutech Limited, Compucom Software Limited, DSJ Keep Learning Limited, Global Education Limited, LCC Infotech Limited, NIIT Learning Systems Limited, NIIT Limited, Tree House Education & Accessories Limited, Virtual Global Education Limited, Zee Learn Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8.444.523.192.909.839.77211915115.832316
Expenses4.743.503.965.315.898.311819119.526.362212
Material Cost2.38
Change in Inventories2.22
Purchases of Stock-in-Trade0.74
Employee Cost3.60
Other Expenses3.07
Operating Profit3.701.02-0.77-2.413.941.462.24-0.524.021.90-0.530.794.28
OPM %4423-24-83401511-2.762717-9.093.4126
Other Income0.381.550.901.260.252.580.401.160.112.140.261.340.03
Exceptional items (within Other Income)0
Interest0.050.070.040.080.050.080.010.310.110.120.150.250.14
Depreciation0.060.090.080.190.140.310.180.640.380.450.480.320.41
Profit before tax3.972.410.01-1.4243.652.45-0.313.643.47-0.901.563.76
Tax %2140-1,500-23233120522125-323725
Net Profit3.131.440.17-1.093.092.501.95-0.472.902.62-0.610.982.82
EPS in Rs0.190.090.01-0.070.190.160.12-0.030.180.16-0.040.060.18

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1118585457
Expenses1117514850
Operating Profit0.411.757.256.186.44
OPM %3.739.51131111
Other Income4.833.964.263.853.77
Interest0.300.320.450.630.66
Depreciation0.220.431.281.621.66
Profit before tax4.724.979.787.787.89
Tax %29262824
Net Profit3.373.657.065.895.81
EPS in Rs0.210.230.440.370.36
Dividend Payout %0000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
—
3 years
70%
TTM
-12%

Compounded profit growth

10 years
—
5 years
—
3 years
20%
TTM
-16%

Stock price CAGR

10 years
35%
5 years
75%
3 years
41%
1 year
69%

Return on equity

10 years
—
5 years
—
3 years
8%
Last year
8%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital16161616
Reserves44485561
Borrowings2.201.537.965.93
Other Liabilities4.504.151319
Total Liabilities676991101
Fixed Assets18192223
CWIP00.1100.05
Investments9.329.439.369.55
Other Assets40416069
Total Assets676991101

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.46-1.11-3.11-0.19
Cash from Investing Activity1.460.32-1.271.29
Cash from Financing Activity-0.91-0.936.47-2.66
Net Cash Flow1.01-1.722.09-1.55
Free Cash Flow0.21-2.58-7.49-2.09

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2023Mar 2024Mar 2025Mar 2026
Debtor Days663160110
Inventory Days260233113305
Days Payable874978315
Cash Conversion Cycle2392149599
Working Capital Days68372550
ROCE %8.271410

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters646464646464646462525050
FIIs191919191919181822232526
DIIs000000000.010.160.160
Public171717171717171716252524
No. of Shareholders2,1352,1892,7752,3683,3773,3753,7594,0104,2265,9666,7256,931

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +62.7% (₹109.85 → ₹178.68)Brick size ₹7.38 (fixed)Bricks 51
₹150₹200₹179Dec '25Feb '26Apr '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹178.68 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

4.20inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

4.17cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

41.35cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Shanti Educational Initiatives Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Cotton yarn & garment inputs
  • Embroidery, screen-printing & heat-transfer consumables
  • Fabric / textiles for uniforms
  • Footwear materials for school shoes

Depends on the price of

  • cotton

Sells to

  • K-12 schools, trusts & societies (school-management services) · End-to-end school management: administration, teacher recruitment & training, QMS, technol…
  • Shanti Juniors & Hopskotch preschool franchisees · Preschool franchise (300+ centres across 74+ cities) — curriculum, brand, training

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Education
Classification
Consumer Services › Education
ISIN
INE440T01028

Plants

  • UniformVerse garment manufacturing unit

News impact

Big market events that reach Shanti Educational Initiatives Limited, and how the effect spreads.

Who it hits first

  • EaseMyTrip faces ~10% pledge-supply overhang plus forced-sale risk on any margin call.
  • Small travel peers (Yatra, Ixigo, TBO) derate on sentiment contagion despite clean holdings.
  • Consumer-services small-caps broadly soften as promoter-finance headlines spook the tape.

Who may gain

  • Zero-pledge travel peers (Ixigo, Yatra, TBO) may attract rotation once the dust settles.

Along the supply chain

Downstream

Travelers and agents see zero impact; bookings, refunds and service run normally.

Upstream

No direct supply-chain link — a promoter-financing event, not an operations event.

Where demand moves

Business

No business-demand impact — travel bookings do not change on promoter financing; this is purely a share-supply event.

Capital

Money exits EaseMyTrip on overhang fears; trims small travel broadly; rotates to clean-holding peers on dips.

How it spreads across sectors

Consumer Services

Online-travel sub-segment derates on pledge contagion; wider consumer-services mood softens.

When it plays out

Immediate

EaseMyTrip down 3-6% on overhang; travel peers dip 1-3% on association.

Medium term

Pledge stays an overhang until released; company must grow into a derated multiple.

Short term

Shareholding filings confirm the final pledged tally; any release filing reverses part of the fall.

16 Aug, 04:30 IST · Market event · medium impact

Indian textile makers face a margin squeeze as higher wages meet rising cotton, yarn and petrochemical prices, forcing companies to absorb inflation and rethink expansion

Cloth and garment makers are paying more for cotton, yarn and man-made fibre at the same time as wage bills rise, and they cannot pass all of it on - so profits get squeezed hardest at spinners, where raw cotton is almost the entire cost.

TextilesConsumer Services

Who it hits first

  • Spinners take the squeeze first and hardest because raw cotton is close to their entire cost base - Nitin Spinners at 91.3% and Sportking at 69.65%
  • Garment makers and retailers face the same inflation one step later, through higher fabric and garment sourcing costs plus their own wage bills
  • Companies are reported to be rethinking expansion plans, which converts a margin story into a deferred capital-expenditure story

Who may gain

  • Cotton growers and agricultural commodity traders capture the higher raw cotton price
  • Man-made fibre producers gain if buyers substitute polyester for expensive cotton, though rising petrochemical prices blunt that advantage
  • Vertically integrated players that grow or contract their own cotton supply are relatively better placed than merchant buyers

Along the supply chain

Downstream

Garment brands and apparel retailers face higher fabric and finished-garment sourcing costs with a lag of roughly a quarter; export-facing garment makers are squeezed hardest because overseas buyers negotiate on annual contracts and will not accept a mid-contract price rise.

Upstream

Cotton growers, ginners and agricultural traders are the winners of this move - they sell the input whose price is rising, and the reported absorption by manufacturers means their volumes are not falling. Man-made fibre producers face their own petrochemical cost inflation, so they cannot undercut cotton as cheaply as usual.

Where demand moves

Business

Higher raw cotton prices move up the chain from ginners to spinners to weavers to garment makers to retailers, with each step absorbing part of the increase because the step below will not accept a full pass-through. The reported response is that manufacturers are absorbing the inflation rather than repricing, which means the demand for cotton itself does not fall - the volume keeps flowing, only the profit split changes, shifting value from converters back to raw cotton sellers.

Capital

Money exits the cost-exposed spinners and leveraged garment retailers and rotates towards the vertically integrated and low-debt names within the same sector, and towards sectors with no raw material inflation this quarter. Because companies are also deferring expansion, capital that would have funded new spindles stays uncommitted, which is a second-order negative for textile machinery suppliers.

How it spreads across sectors

Consumer Services

apparel retailers absorb higher garment sourcing costs on top of their own wage and rent inflation

Textiles

margin compression concentrated in spinners where cotton is nearly the whole cost base, plus deferred capacity expansion

Commodity angle

Commodity

cotton

Commodity move unresolved reason

the ranker read a +1.92% move for cotton, marginally inside its +/-2% deadband, so per-company signs fall back to the edge role; the Neo4j 1-month change of +3.82% is used for the margin impact calculation and both point the same way (cotton rising, consumers hurt), so the direction is not in doubt

Price updated at

2026-08-14T11:56:36.673Z

Shock type

cost

Unit

USD/lb

When it plays out

Immediate

Spinner margins compress in the current quarter with no offsetting price rise available

Medium term

Deferred expansion plans mean less new spinning capacity in 12-18 months, which would eventually tighten yarn supply and restore pricing power to the survivors

Short term

Watch whether yarn prices catch up to raw cotton - that lag of about a quarter is what determines whether the squeeze is temporary or structural

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

No dividends, splits or big trades on record.

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.