Friday, August 27, 2010


This education and learning solutions providing company, posted a set of flat numbers for Q1FY11. QoQ, there was a 3% rise in net revenue and 11% rise in net profit. On an equity of Rs.12.23 crore, the EPS for the quarter stood at Rs.5.26. Its main source of revenue is vocational skill training.
The company is extremely bullish about its growth prospects for the current year, setting itself a target of 200% growth. It has formed two more units - online education placement services and school education support business services. The company’s OPM is expected to be in the range of 45-50% and NPM around 30% in FY11. It recently had a QIP issue to raise Rs.130 crore, priced at Rs.205 per share. Proceeds of the QIP to be used to fund its pan-India expansions. It also aims at increasing its online education services. Annualised EPS of Rs.21 discounts the current price by less than 10 times.
Source: Internet (

Moneybazzar's Short to Medium Term Target Rs. 270/-.

No comments:


The information in this publication is provided by is intended for use for Readers & Traders . Every effort is made to provide accurate information, but cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.

free counter