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IEC Education

531840 BSE
₹21.50

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P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹21.50 −9.35 −30.3% 1Y
Start ₹30.85

Key Fundamentals

MicrocapIT - SoftwareInformation Technology

Price-based figures at the close · EPS basis: Consolidated · TTM

ROCE
−6.25%
Debt to Equity
0.00
EPS (TTM)
−₹1.66
Book Value
₹18.02
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
1.19
ROE
−8.63%
Dividend Yield
0.00%
EBITDA
−₹1.90 Cr
52W High
₹39.20
52W Low
₹19.50

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

55 Good

Data confidence 75/100

Category scores

Quality
45
Average
Returns, margins, earnings quality 24% weight
Valuation
58
Good
Cheap vs sector & own history 26% weight
Financial Health
86
Strong
Solvency, leverage, coverage 10% weight
Momentum
44
Weak
Trend strength, vol-adjusted 13% weight
Ownership
50
Average
FII/DII/promoter flows 26% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company has reduced debt.
  • Company is almost debt free.

Weaknesses

2
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -3.77% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1261
OscillatorsBearish261
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
39.91
Neutral
MACD (12,26,9)
−0.71
Bearish
SMA (50)
24.36
Bearish
SMA (200)
25.10
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y−100.00%
5YZero base
3YZero base
1YZero base
TTMZero base

Net profit

Net profit growth by window
10YTurned to loss
5YLoss widened by ₹2.29 Cr
3YLoss widened by ₹2.29 Cr
1YLoss widened by ₹2.25 Cr
TTMLoss widened by ₹2.32 Cr

Operating cash flow

Operating cash flow growth by window
10Y+28.77%
5YTurned positive
3YTurned positive
1YTurned positive
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10YTiny sales
5YNo sales
3YNo sales
1YNo sales
TTMNo sales

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹0.02 Cr
Mar 2018₹0.00 Cr
Mar 2019₹0.00 Cr
Mar 2020₹0.00 Cr
Mar 2021₹0.00 Cr
Mar 2022₹0.00 Cr
Mar 2023₹0.00 Cr
Mar 2024₹0.00 Cr
Mar 2025₹0.00 Cr
Mar 2026₹0.00 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017−₹0.51 Cr
Mar 2018−₹0.86 Cr
Mar 2019−₹0.96 Cr
Mar 2020−₹0.56 Cr
Mar 2021−₹0.23 Cr
Mar 2022−₹0.23 Cr
Mar 2023−₹0.23 Cr
Mar 2024−₹0.64 Cr
Mar 2025−₹0.27 Cr
Mar 2026−₹2.52 Cr

Quarterly Results

₹ Cr
531840 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
0
0
0
0
0
0
0
0
0
0
0
0
0
Expenses
0.03
0.26
0.06
0.31
0.1
0.05
0.03
0.09
0.04
0.04
0.07
1.77
0.05
Operating Profit
−0.03
−0.26
−0.06
−0.31
−0.1
−0.05
−0.03
−0.09
−0.04
−0.04
−0.07
−1.77
−0.05
Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
−0.03
−0.26
−0.06
−0.31
−0.1
−0.05
−0.03
−0.09
−0.04
−0.04
−0.07
−1.77
−0.05
Tax %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
33.9%
0%
Net Profit
−0.03
−0.27
−0.06
−0.31
−0.1
−0.05
−0.03
−0.09
−0.04
−0.04
−0.07
−2.37
−0.05
EPS (₹)
−0.02
−0.18
−0.04
−0.2
−0.07
−0.03
−0.02
−0.05
−0.03
−0.03
−0.05
−1.55
−0.03

Profit & Loss

₹ Cr
531840 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
3.14
0.01
0.02
0
0
0
0
0
0
0
0
0
0
Expenses
2.54
1.28
0.63
0.44
0.4
0.55
0.25
0.23
0.45
0.61
0.27
1.86
1.93
Operating Profit
0.6
−1.27
−0.61
−0.44
−0.4
−0.55
−0.25
−0.23
−0.45
−0.61
−0.27
−1.86
−1.93
OPM %
19.11%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
—
—
—
—
—
—
—
—
—
—
Other Income
−0.13
1.9
0.54
0
−0.04
0
0.05
0.01
0.23
−0.02
0
−0.05
0
Interest
0.02
0.01
0.01
0
0.01
0
0.01
0
0
0
0
0
0
Depreciation
0.63
0.55
0.51
0.51
0.51
0.02
0.02
0.02
0.01
0
0
0
0
PBT
−0.18
0.07
−0.59
−0.95
−0.96
−0.57
−0.23
−0.24
−0.23
−0.63
−0.27
−1.91
−1.93
Tax %
−33.33%
42.86%
−13.56%
−9.47%
0%
0%
0%
0%
0%
0%
0%
31.41%
—
Net Profit
−0.13
0.04
−0.51
−0.86
−0.96
−0.56
−0.23
−0.23
−0.23
−0.64
−0.27
−2.52
−2.53
EPS (₹)
−0.07
0.04
−0.33
−0.56
−0.63
−0.37
−0.15
−0.14
−0.14
−0.42
−0.18
−1.65
−1.66
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
531840 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
15.26
15.26
15.26
15.26
15.26
15.26
15.26
15.26
15.26
15.26
15.26
15.26
Reserves
18.92
18.98
18.48
17.64
16.67
16.25
16.04
15.82
15.6
14.97
14.7
12.24
Borrowings
1.73
1.71
1.7
1.68
1.68
1.68
1.68
1.68
1.68
1.68
1.68
0
Other Liabilities
2.24
1.26
1.25
1.4
1.13
1.01
0.98
0.93
1.38
0.57
0.59
0.58
Total Liabilities
38.15
37.21
36.69
35.98
34.74
34.2
33.96
33.69
33.92
32.48
32.23
28.08
Fixed Assets
2.75
2.2
1.69
1.19
0.47
0.57
0.55
0.53
0.41
0
0
0
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
35.4
35.01
35
34.79
34.27
33.63
33.41
33.16
33.51
32.48
32.23
28.08
Total Assets
38.15
37.21
36.69
35.98
34.74
34.2
33.96
33.69
33.92
32.48
32.23
28.08

Cash Flow

₹ Cr
531840 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−1.53
0.13
−2.24
0.04
−0.05
0
−0.1
−0.1
−0.02
−0.67
−0.02
1.63
Investing
0.23
1.5
0.52
0
0.17
0
0.04
0.01
0.11
0.41
0
0
Financing
−0.17
−0.02
−0.02
−0.02
0
0
0
0
0
0
0
−1.64
Net Cash Flow
−1.46
1.61
−1.75
0.02
0.12
0
−0.06
−0.09
0.09
−0.26
−0.02
−0.01
Free Cash Flow
−1.3
0.13
−2.24
0.04
0.12
0
−0.06
−0.09
0.09
−0.26
−0.02
1.63
CFO/OP
−243
−22
367
−9
12
0
40
43
4
110
7
−55

Ratios

531840 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
903
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
—
—
—
—
—
—
—
—
—
Cash Conversion Cycle
903
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
—
—
—
—
—
—
—
—
—
Working Capital Days
729
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
—
—
—
—
—
—
—
—
—
ROCE %
−0.05%
0.22%
−1.61%
−2.69%
−2.65%
−1.69%
−0.78%
−0.76%
−0.64%
−1.88%
−0.84%
−6.25%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view IEC Education insights

55 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 66.75%
  • Others 16.72%
  • Public 16.52%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about IEC Education

What does IEC Education Ltd do?
Incorporated in 1981, IEC Education Ltd provides education services to Colleges and Universities, Implementation of Skill Development Schemes of various Governments, Franchise Centers etc.
Where is IEC Education Ltd (IECEDU) listed?
IEC Education Ltd trades under code 531840 on the BSE.
Which sector does IEC Education Ltd belong to?
IEC Education Ltd is classified under the Information Technology sector, in the Software Products industry.
What is the 52-week high and low of IEC Education Ltd?
Over the last 52 weeks IEC Education Ltd has traded between ₹19.5 and ₹39.2 as of 4 Nov 2026.
What is the Return on Equity (ROE) of IEC Education Ltd?
IEC Education Ltd reported a return on equity of -8.63%. Its debt-to-equity ratio is 0.00.

Company Information

Incorporated in 1981, IEC Education Ltd provides education services to Colleges and Universities, Implementation of Skill Development Schemes of various Governments, Franchise Centers etc.

Website iecgroup.in
Face Value ₹10

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