Under Rs 110: Debt-free multibagger stock hit 52-week high today; Turnaround net profit in Q1FY25 results – Keep under the radar!

Under Rs 110: Debt-free multibagger stock hit 52-week high today; Turnaround net profit in Q1FY25 results – Keep under the radar!

Kiran Shroff
/ Categories: Trending, Multibaggers

From Rs 52.01 to Rs 105 per share, the stock gave multibagger returns of over 100 per cent from its 52-week low and a whopping 1,000 per cent in 5 years.

Today, one of the Top Gainers on BSE, shares of Shanti Educational Initiatives Ltd (SEIL) gained 15 per cent and made a fresh 52-week high of Rs 105 per share with a spurt in volume by more than 1.01 times from its previous closing of Rs 91.37.

Shanti Educational Initiatives Ltd (SEIL), a venture of the Chiripal Group based in Ahmedabad, India, offers a wide range of educational services. They operate several K-12 schools under the Shanti Asiatic Schools brand, currently educating over 25,000 students across multiple cities in India. SEIL also runs a large network of preschools under the Shanti Juniors banner, with over 300 locations in 74+ cities. In 2013, they launched Shanti's Hopskotch Preschool, a premium preschool chain catering to parents who desire a high-quality education, a clean environment, and a global learning approach for their children.

According to Quarterly Results, the net sales increased by 239 per cent to Rs 9.83 crore in Q1FY25 compared to Rs 2.90 crore in Q4FY24. The company reported a turnaround story with an operating profit of Rs 3.94 crore and a net profit of Rs 3.09 crore in Q1FY25 compared to an operating loss of Rs 2.41 crore and a net loss of Rs 1.09 crore in Q4FY24, an increase of 263 per cent and 384 per cent, respectively. In its annual results, net sales increased by 73.3 per cent to Rs 19.05 crore and net profit increased by 8.3 per cent to Rs 3.65 crore in FY24 compared to FY23.

DSIJ’s 'multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.

In February 2024, The Board of Directors of Shanti Educational Initiatives Ltd approved the sale of its entire stake in its subsidiary, Shanti Leaning Foundation, to unrelated parties. The subsidiary generated no revenue or income in the last financial year and has negligible net worth. While agreements for the sale are expected to be signed on the same date, the actual completion of the sale may happen by February 27, 2024, or on a mutually agreed-upon date. The sale consideration is Rs 1,00,000.

The company is in a very strong financial position with minimal debt, indicated by its debt-to-equity ratio of only 0.01, which means its debt is just a fraction of its equity. This is further emphasized by the low debt figure of just Rs 1.57 crore. Additionally, the company has a healthy market cap of over Rs 1,500 crore and working capital requirements have reduced from 70.8 days to 51.0 days

From Rs 52.01 to Rs 105 per share, the stock gave multibagger returns of over 100 per cent from its 52-week low and a whopping 1,000 per cent in 5 years. Investors should keep an eye on this Small-Cap debt-free stock.

Disclaimer: The article is for informational purposes only and not investment advice. 

Also Read: Debt-free multibagger penny stock under Rs 10 to keep under the radar as the company announces stellar quarterly results (Q1FY25); PAT jumps over 1,700 per cent!

Previous Article 10:1 stock split on August 09, 2024: Multibagger stock hit 5 per cent upper circuit on July 31; Rockets over 250 per cent from its 52-week low!
Next Article 53 per cent returns from its 52-week low: Low PE gems & jewellery stock gains 7.70 per cent today with heavy volume on July 31
Rate this article:
5.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR