Ironwood Education Ltd (IRONWOOD)

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Ironwood Education Ltd (IRONWOOD) · mywealthgrid

About

Ironwood Education Ltd operates in Education within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹73 Cr

P/E

18.7×

P/B

2.3×

Dividend yield

ROE

14.8%

ROCE

15.6%

Debt / equity

1.26

OPM

15.6%

EPS (TTM)

₹2.3

Book value

₹18.6

52-week high

—

52-week low

—

1,591 historical price candles were omitted because the exchange source has not been verified.

₹43.5-4.4%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 82% over the last 5 years
+High promoter holding of 64.3% with no pledge

Cons

−Low return on equity of -42.2% (3-yr avg)

Research score

Structured signal from quality, growth, valuation and momentum.

68/100

Business quality: 33
Growth: 100
Valuation: 72

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	3	2	2	4	3	53
COGS	1	1	0	1	0	4
Gross profit	2	2	2	3	3	49
	3	3	3	4	5	40
	-1	-1	-1	-1	-2	8
OPM %	-53.2%	-61.2%	-49.8%	-13.3%	-50.6%	15.6%
Depreciation	1	0	0	0	0	0
Interest	0	0	1	1	0	3
	0	0	0	-4	-8	1
Profit before tax	-2	-2	-2	-6	-10	6
Tax	0	0	-0	0	0	2
Tax %	1.5%	1.6%	-2.1%	0.2%	0.1%	34.6%
PAT	-2	-2	-2	-6	-10	4
PAT margin %	-76.8%	-86.8%	-79.3%	-148.2%	-293.4%	7.4%
EPS (₹)	-2.6	—	—	—	—	2.5
EPS adjusted (₹)	-2.6	-2.4	-2.4	-7.6	-6.7	2.3
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	—	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	8	8	8	8	15	17
Reserves	8	6	4	-2	6	14
Minority interest	—	—	0	—	—	—
	4	7	9	9	16	39
	4	2	3	4	70	39
Total equity & liabilities	24	23	24	18	108	109
	17	17	19	13	9	8
CWIP	1	0	—	—	—	0
Investments	4	4	4	4	2	2
	1	1	2	2	97	99
Total assets	24	23	24	18	108	109

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-2	-1	-1	-1	-26	-24
	0	-0	-0	1	-4	-0
	2	2	2	-1	33	24
Net cash flow	-0	0	0	-0	2	-0
Free cash flow	-2	-1	-2	-1	-26	-25
CFO / Operating profit %	—	—	—	—	—	-297%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	73.4%	73.5%	82.7%	76.9%	93.1%	92.3%
EBITDA margin %	-53.2%	-61.2%	-49.8%	-13.3%	-50.6%	15.6%
EBIT margin %	-73.8%	-73.1%	-68.8%	-23.8%	-63.6%	14.8%
PAT margin %	-76.8%	-86.8%	-79.3%	-148.2%	-293.4%	7.4%
Working capital
Receivable days	93	75	75	100	3,444	234
Inventory days	0	0	0	0	73,806	4,009
Payable days	329	308	338	249	4,760	57
NWC days	-236	-233	-263	-148	72,490	4,186
Leverage
Current ratio	0.64	0.6	0.64	0.57	1.4	2.45
Debt to EBITDA	—	—	—	—	—	4.77
Debt to equity	0.27	0.48	0.76	1.44	0.76	1.25
Interest coverage	-5.2	-2.9	-1.8	-1	-0.6	3.3
Asset turnover	0.11	0.1	0.1	0.22	0.03	0.48
Return ratios
Return on assets %	-8.5%	-8.4%	-7.8%	-33%	-9.4%	3.6%
Return on capital employed %	-7.6%	-5.8%	-5.7%	-3.9%	-0.9%	15.6%
Return on equity %	-12.6%	-13.5%	-15.9%	-101%	-47.1%	12.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	57.4%	57.4%	57.71%	57.71%	57.71%	57.71%	30.29%	30.29%	76.64%	73.61%	66.11%	64.33%
	2.46%	2.46%	2.46%	2.46%	2.46%	2.46%	1.29%	0.63%	0.63%	0.63%	0.56%	0.6%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	40.14%	40.14%	39.83%	39.83%	39.83%	39.83%	68.42%	69.08%	22.73%	25.76%	33.33%	35.07%
No. of shareholders	—	—	—	—	—	—	—	—	2,054	2,941	2,892	2,801

Promoter holding up 6.93 percentage points since Sep 2023.

29 deals · 24 Sept 2021 – 26 Aug 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
26 Aug 2026	SANDEEP JANARDAN PANDEY	Bulk	BSE	Buy	86,501	₹54.88	₹0.47 Cr
29 Jul 2026	SANDEEP JANARDAN PANDEY	Bulk	BSE	Sell	85,000	₹55.00	₹0.47 Cr
29 Jul 2026	SHANTADAS SATISH NADKARNI	Bulk	BSE	Buy	84,999	₹55.00	₹0.47 Cr
11 Jun 2026	CAPRI GLOBAL VENTURES PRIVATE LIMITED	Bulk	BSE	Buy	1,50,000	₹45.00	₹0.68 Cr
11 Jun 2026	VALUE LINE ADVISORS PRIVATE LIMITED	Bulk	BSE	Sell	1,47,369	₹44.91	₹0.66 Cr
10 Jun 2026	BELA DESAI	Bulk	BSE	Sell	1,50,000	₹45.00	₹0.68 Cr
10 Jun 2026	CAPRI GLOBAL VENTURES PRIVATE LIMITED	Bulk	BSE	Buy	1,50,000	₹45.00	₹0.68 Cr
28 Nov 2025	MANSI SHARE AND STOCK BROKING PRIVATE LIMITED	Bulk	BSE	Buy	1,41,090	₹52.40	₹0.74 Cr
28 Nov 2025	VALUE LINE ADVISORS PRIVATE LIMITED	Bulk	BSE	Sell	1,08,743	₹52.60	₹0.57 Cr
28 Nov 2025	BELA NAISHADH DESAI	Bulk	BSE	Sell	1,00,000	₹52.60	₹0.53 Cr

1–10 of 29

1 / 3

Mr. Rakesh BhatiaNon-Executive - Independent Director-Chairperson
Mr. Nitish NagoriExecutive Director
Mr. Vijayshankar TripathiExecutive Director
Mr. Sumit SomaniNon-Executive - Independent Director
Mr. Sanjay PanickerNon-Executive - Independent Director
Mr. Balaji RaghavanExecutive Director-MD
Mr. Rohit LalNon-Executive - Independent Director
Ms. Vedika ChaubeyNon-Executive - Non Independent Director
Mr. Vijayshankar TripathiChief Financial Officer
Mr. Dharmesh ParekhCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Ironwood Education Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results14 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

35 announcementsExport CSV

30 Sept 2026, 10:37 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM

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Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	73.4%	73.5%	82.7%	76.9%	93.1%	92.3%
EBITDA margin %	-53.2%	-61.2%	-49.8%	-13.3%	-50.6%	15.6%
EBIT margin %	-73.8%	-73.1%	-68.8%	-23.8%	-63.6%	14.8%
PAT margin %	-76.8%	-86.8%	-79.3%	-148.2%	-293.4%	7.4%
Working capital
Receivable days	93	75	75	100	3,444	234
Inventory days	0	0	0	0	73,806	4,009
Payable days	329	308	338	249	4,760	57
NWC days	-236	-233	-263	-148	72,490	4,186
Leverage
Current ratio	0.64	0.6	0.64	0.57	1.4	2.45
Debt to EBITDA	—	—	—	—	—	4.77
Debt to equity	0.27	0.48	0.76	1.44	0.76	1.25
Interest coverage	-5.2	-2.9	-1.8	-1	-0.6	3.3
Asset turnover	0.11	0.1	0.1	0.22	0.03	0.48
Return ratios
Return on assets %	-8.5%	-8.4%	-7.8%	-33%	-9.4%	3.6%
Return on capital employed %	-7.6%	-5.8%	-5.7%	-3.9%	-0.9%	15.6%
Return on equity %	-12.6%	-13.5%	-15.9%	-101%	-47.1%	12.5%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Shanti Educational Initiatives LimitedSEILSEIL	₹3,006 Cr	₹3,006 Cr	₹0 Cr	₹0 Cr	—	₹0 Cr	—	—	—	—
Niit Learning Systems LimitedNIITMTSNIITMTS	₹2,633 Cr	₹2,900 Cr	₹2,066 Cr	₹370 Cr	18.8%	₹256 Cr	12.7%	19.4%	18%	40
Niit LimitedNIITLTDNIITLTD	₹1,161 Cr	₹1,161 Cr	₹402 Cr	₹-7 Cr	-3.4%	₹9 Cr	1.5%	2.2%	0.9%	-885
Aptech LimitedAPTECHTAPTECHT	₹505 Cr	₹505 Cr	₹517 Cr	₹33 Cr	6.3%	₹24 Cr	4.7%	15.2%	9.4%	3
Career Point Edutech LimitedCPEDUCPEDU	₹321 Cr	₹321 Cr	₹51 Cr	₹26 Cr	50.5%	₹24 Cr	44.8%	46.3%	34.6%	98
Cl Educate LimitedCLEDUCATECLEDUCATE	₹314 Cr	₹547 Cr	₹530 Cr	₹48 Cr	8.8%	₹-24 Cr	-4.8%	4.8%	-9.9%	-2,559
Zee Learn LimitedZEELEARNZEELEARN	₹206 Cr	₹545 Cr	₹424 Cr	₹107 Cr	23.7%	₹45 Cr	8.8%	11.9%	17.9%	63
Golden Crest Education & Services LtdGOLDENCRESTGOLDENCREST	₹169 Cr	₹169 Cr	₹0 Cr	₹0 Cr	47.6%	₹0 Cr	42.9%	2.2%	1.7%	269
VJTF Eduservices LtdVJTFEDUVJTFEDU	₹120 Cr	₹121 Cr	₹2 Cr	₹-13 Cr	32.8%	₹9 Cr	1.6%	7.8%	1%	-37
Compucom Software LimitedCOMPUSOFTCOMPUSOFT	₹103 Cr	₹152 Cr	₹33 Cr	₹1 Cr	7.6%	₹3 Cr	8.4%	2%	2%	317
Ascensive Educare LtdASCENSIVEASCENSIVE	₹75 Cr	—	₹59 Cr	₹6 Cr	10.3%	₹3 Cr	5.8%	—	—	—
Ironwood Education LtdIRONWOODIRONWOOD	₹73 Cr	₹112 Cr	₹53 Cr	₹8 Cr	15.6%	₹4 Cr	7.4%	15.6%	14.8%	4,186

Date	Category	Subject	Filing
30 Sept 2026, 10:37 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Sept 2026, 11:21 am	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
28 Sept 2026, 5:41 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
5 Sept 2026, 3:13 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
4 Sept 2026, 6:51 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
4 Sept 2026, 6:28 pm	AGM/EGM AGM	Shareholder Meeting-AGM On September 28, 2026	PDF
29 Aug 2026, 1:05 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
15 Aug 2026, 1:18 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

Ironwood Education Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Announcements

Not in the F&O segment

Ratio timeline

No fund holdings on record

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

1

1