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IEC Education Ltd (531840) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 531840 NSE: | IT - Education | Small Cap

IEC Education Share Price

24.58 -0.41 (-1.64%)
As on 10-Apr'26 16:59

IEC Education Ltd (531840)

BSE: 531840 NSE:
Key Metrics
Market Cap
₹38 Cr.
P/E Ratio
0.00
Price to Book (P/B)
1.25
Price to Sales (P/S)
0.00
EV/EBITDA
-185.71
Return on Capital Employed (ROCE)
-0.80%
Current Price
₹24.6
Return on Equity (ROE)
-0.84%
Return on Assets (ROA)
-0.80%
Operating Profit Margin
0%
Net Profit Margin
-INF%
Gross Profit Margin
0%
Book Value per Share
₹19.7
Sales Growth (YoY)
NA%
Sales Growth (3 Years)
NA%
Operating Profit Growth (1 Year)
NA%
Operating Profit Growth (3 Years)
N/A%
Net Profit Growth (1 Year)
NA%
52-Week Low / High
₹14 / 47
Net Profit Growth (3 Years)
N/A%
Dividend Yield
0.00%
Promoter Holding
66.49%
Pledged shares (%)
of Promoter's holding (%)
0.00%

Check Before You Invest

Q.1
IEC Education Ltd belongs to the IT & ITES sector, operating specifically within the IT - Education segment.
Q.1 Gross Profit margin of IEC Education Ltd?
IEC Education Ltd Gross profit margin which is the profit after deduction of direct costs, is 0% for FY-2025 , which is in line with its 5 year median of 0% , indicating stable margins.
Q.1 Promoter shareholding and pledge status of IEC Education Ltd?
Promoters hold 66.49% of the IEC Education Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Revenue growth of IEC Education Ltd vs industry peers?
IEC Education Ltd revenue CAGR is 0.00% , compared to the industry median CAGR of 0% , indicating slower growth and losing its market share.
Q.1 Stock return of IEC Education Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of 22.5% based on the current price.
Q.1 Is IEC Education Ltd a good quality company?
IEC Education Ltd is a quality company, based on a 10 year financial track record .

DeciZen - make an informed investing decision on IEC Education

Based on:

M-Cap below 100cr DeciZen not available

IEC Education stock performance

Key Ratios
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Is IEC Education Ltd an attractive stock to invest in?

1. Is IEC Education Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that IEC Education Ltd is a below average quality company.

2. Is IEC Education Ltd undervalued or overvalued?

The key valuation ratios of IEC Education Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is IEC Education Ltd a good buy now?

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.

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
IEC Education Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0.4%-1.5%-2.6%-2.7%-1.6%-0.6%-0.6%-0.6%-2.9%-0.8%-
Value Creation
Index
-1.0-1.1-1.2-1.2-1.1-1.0-1.1-1.0-1.2-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00000000000
Sales YoY Gr.-100%-100%NANANANANANANA-
Adj EPS 0.1-0.3-0.5-0.6-0.4-0.2-0.1-0.1-0.5-0.2-0.1
YoY Gr.--740%NANANANANANANANA-
BVPS (₹) 22.722.421.921.32120.920.720.619.919.819.7
Adj Net
Profit
0.1-0.5-0.8-0.9-0.5-0.2-0.2-0.2-0.7-0.3-0
Cash Flow from Ops. 0.2-2.20-00-0.1-0.10-0.7-0-
Debt/CF from Ops. 10.3-0.887.6-58051-22.2-21.63363.8-2.6-101.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%NANANA
Adj EPS -214.6%NANANA
BVPS-1.5%-1.2%-1.5%-0.9%
Share Price 22.5% 85.1% 179.2% 17.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.2-1.4-2.4-2.8-1.7-0.7-0.7-0.6-2.3-0.8-0.7
Op. Profit
Mgn %
-9148.5-2375.300000000NAN
Net Profit
Mgn %
623.9-2010.900000000-INF
Debt to
Equity
0.10.10.10.10.10.10.10.10.10.1-
Working Cap
Days
9,04,8604,95,799000000000
Cash Conv.
Cycle
1,90,59394,549000000000

Recent Performance Summary

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%

Latest Financials

Standalone Consolidated
TTM EPS (₹) -0.1 -0.2
TTM Sales (₹ Cr.) 0 0
BVPS (₹) 19.7 19.5
Reserves (₹ Cr.) 15 15
P/BV 1.25 1.26
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 14.16 / 46.58
All Time Low / High (₹) 1.13 / 269.65
Market Cap (₹ Cr.) 37.5
Equity (₹ Cr.) 15.3
Face Value (₹) 10
Industry PE 31.9

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of IEC Education - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales0.010.0200000000
Operating Expenses > + 1.240.600.400.430.520.220.200.510.620.25
Manufacturing Costs0.020.0200000000
Material Costs0000000000
Employee Cost 0.390.340.200.240.320.140.070.200.100.07
Other Costs > 0.830.250.200.190.200.080.130.310.520.18
Operating Profit > -1.23-0.58-0.40-0.43-0.52-0.22-0.20-0.51-0.62-0.25
Operating Profit Margin (%) -9,148.5%-2,375.3%--------
Other Income > + 1.900.530000.040.010.3200
Exceptional Items > 0-0000000-0.330
Interest > 0.010.0200.01000000
Depreciation > 0.550.510.510.510.020.020.020.0100
Profit Before Tax > 0.12-0.57-0.91-0.94-0.54-0.20-0.21-0.21-0.96-0.25
Tax > 0.04-0.08-0.090000000
Profit After Tax 0.08-0.49-0.82-0.94-0.54-0.20-0.21-0.21-0.96-0.25
PAT Margin (%) 623.9%-2,016.1%--------
Adjusted EPS (₹)0.1-0.3-0.5-0.6-0.4-0.1-0.1-0.1-0.6-0.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 34.6934.2033.3832.4432.0131.8131.6031.3930.4330.18
Share Capital 15.2615.2615.2615.2615.2615.2615.2615.2615.2615.26
Reserves 19.4318.9418.1217.1816.7516.5516.3416.1315.1714.92
Debt +1.701.681.681.681.681.681.681.681.681.68
Long Term Debt0.01000000000
Short Term Debt1.681.681.681.681.681.681.681.681.681.68
Minority Interest0000000000
Trade Payables0.470.510.510.330.260.270.260.010.030.07
Others Liabilities 0.06-0.050.580.500.500.470.450.56-0.26-0.28
Total Liabilities 36.9236.3436.1534.9534.4534.2333.9933.6431.8831.65

Fixed Assets

Net Fixed Assets +2.201.691.190.470.570.550.530.4100
Gross Block6.826.826.725.965.965.925.880.7500
Accumulated Depreciation4.625.135.545.495.395.375.340.3400
CWIP 0000000000
Investments 0.760.760.760.760.760.760.760.760.430.43
Inventories0000000000
Trade Receivables6.586.045.915.915.915.915.915.915.915.91
Cash Equivalents 1.780.050.070.230.260.230.160.270.020.01
Others Assets 25.6027.8028.2327.5826.9526.7926.6226.2925.5225.30
Total Assets 36.9236.3436.1534.9534.4534.2333.9933.6431.8831.65

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.17-2.230.02-00.03-0.08-0.080-0.65-0.02
PBT 0.12-0.57-0.91-0.94-0.54-0.20-0.21-0.21-0.62-0.25
Adjustment -0.95-00.510.540.02-0.020.010.0100
Changes in Working Capital 1.15-1.660.420.390.550.150.130.2-0.030.24
Tax Paid -0.15000000000
Cash Flow From Investing Activity + 1.500.5200.1700.040.010.110.410
Capex 0000.1700.040.010.110.410
Net Investments 0000000000
Others 1.500.5200000000
Cash Flow From Financing Activity + -0.02-0.02-0-0000000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.02-0.0100000000
Interest Paid -0-0.01-0-0000000
Dividend Paid 0000000000
Others 0000000000
Net Cash Flow 1.65-1.730.020.170.03-0.04-0.070.11-0.25-0.02

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.24-1.42-2.43-2.86-1.67-0.63-0.67-0.67-3.1-0.84
ROCE (%)0.36-1.53-2.55-2.7-1.58-0.58-0.63-0.62-2.94-0.8
Asset Turnover Ratio0000000000
PAT to CFO Conversion(x)2.13N/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days0000000000
Inventory Days0000000000
Payable Days0000000000

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Announcements

IEC Education Ltd FAQs

The current trading price of IEC Education on 10-Apr-2026 16:59 is ₹24.58.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Apr-2026 the market cap of IEC Education stood at ₹37.51 Cr

The latest P/E ratio of IEC Education as of 09-Apr-2026 is 0.00.

The latest P/B ratio of IEC Education as of 09-Apr-2026 is 1.25.

The 52-week high of IEC Education is ₹46.58 and the 52-week low is ₹14.16.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of IEC Education is ₹0.00 ( Cr.) .

About IEC Education Ltd

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:

  • K-12
  • Professional colleges
  • Franchisee
  • Finishing schools
  • Faculty Development Institutes
  • E- learning/ Virtual

Accreditations and Affiliations:

  • IEC was an approved organization of All India Council of Technical Education (AICTE).
  • IEC was empanelled with Indira Gandhi National Open University (IGNOU) for offering training for various courses like MCA, BCA, CIC, DCO etc.
  • IEC was an approved organization of the Department of Electronics, Govt. of India, for training in DOEACC courses.
  • Registration with London Chamber of Commerce & Industry Examinations board, U.K
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