Multibagger in just 6 months: Company reported a turnaround net profit of Rs 3.09 crore in Q1 & Promoters own 64.47 per cent stake!
The stock gave multibagger returns of over 100 per cent in just 6 months and a whopping 1,200 per cent in 5 years.
Today, shares of Shanti Educational Initiatives Ltd (SEIL) gained 4.71 per cent to Rs 120 per share with a spurt in volume by more than 1.01 times from its previous closing of Rs 114.60. The stock’s 52-week high is Rs 156.70 and its 52-week low is Rs 52.01.
Recently, a block deal occurred as per BSE where Legends Global Opportunities (Singapore) Pvt Ltd bought 17,15,000 while the seller was The Great International Tusker Fund at Rs 114.20 per share.
Shanti Educational Initiatives Ltd (SEIL), a division of the Chiripal Group based in Ahmedabad, India, offers a comprehensive range of educational services. Their network includes Shanti Asiatic Schools, operating in multiple cities with over 25,000 K-12 students enrolled, and Shanti Juniors, a chain of over 300 preschools across 74+ cities. In 2013, SEIL launched Shanti's Hopskotch Preschool, catering to parents seeking a premium preschool experience with a global learning approach and a clean environment.
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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.
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 1.53 crore. Additionally, the company has a healthy market cap of over Rs 1,900 crore and working capital requirements have reduced from 70.8 days to 51.0 days
The stock gave multibagger returns of over 100 per cent in just 6 months and a whopping 1,200 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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