SEILShanti Educational Initiatives Ltd.
Shanti Educational Initiatives Q2 FY27 Results: Consolidated Net Profit ₹0.99 Crore on Total Income of ₹11.36 Crore
- Earnings
- education
Reviewed byRachit TripathiBlacklitt Research
Shanti Educational Initiatives (NSE: SEIL) reported consolidated total income of ₹11.36 crore and net profit of ₹0.99 crore for the quarter ended 30 Sep 2026, it said in a filing on 04 Nov 2026. Standalone total income was ₹5.84 crore and standalone net profit ₹0.91 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹11.36 crore, down 16.2% YoY and 30.4% QoQ
- Net profit and EPS: ₹0.99 crore, down 62.3% YoY; basic EPS ₹0.06 against ₹0.16
- Other income: ₹2.61 crore, up 21.9% YoY, against ₹2.14 crore a year earlier
Standalone
The company on its own, without its subsidiaries
- Total income: ₹5.84 crore, down 26.1% YoY
- Net profit and EPS: ₹0.91 crore, down 65.2% YoY; basic EPS ₹0.06 against ₹0.16
- Profit before tax: ₹1.00 crore, down 70.7% YoY
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 11.36 | 13.56 | -16.2% | 16.33 | -30.4% | |
| Revenue from operations | 8.75 | 11.42 | -23.3% | 16.30 | -46.3% |
| Other income | 2.61 | 2.14 | +21.9% | 0.03 | n/a |
| 0.99 | 2.62 | -62.3% | 2.82 | -65.0% | |
| Profit before tax | 1.11 | 3.48 | -68.1% | 3.77 | -70.5% |
| Finance costs | 0.15 | 0.12 | +32.7% | 0.74 | -79.1% |
| Depreciation | 0.42 | 0.45 | -5.4% | 0.41 | +3.6% |
| Tax expense | 0.12 | n/a | n/a | 0.94 | -87.1% |
| Net profit margin | 8.70% | 19.33% | -10.63 pp | 17.29% | -8.58 pp |
| EPS, basic (₹) | 0.06 | 0.16 | -62.5% | 0.18 | -66.7% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit fell faster than income. Consolidated net profit dropped 62.3% from a year earlier, while total income fell 16.2%. Revenue from operations fell 23.3% to ₹8.75 crore, and other income rose to ₹2.61 crore, which is 23.0% of total income and 235.0% of profit before tax of ₹1.11 crore.
Finance costs of ₹0.15 crore are 1.3% of total income, up from ₹0.12 crore a year earlier.
The filing says one subsidiary's accounts were not reviewed by its auditor. That subsidiary's total revenues were ₹11.07 crore and its net profit after tax ₹23.74 lakh, before consolidation adjustments. The statement includes Little Marvel Private Limited, UniformVerse Pvt Ltd and Shanti Learning Initiatives Private Limited, which became a subsidiary on 12 Jan 2026.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| Total income | 5.84 | 7.91 | -26.1% | n/a | n/a |
| 0.91 | 2.60 | -65.2% | 2.49 | -63.6% | |
| Profit before tax | 1.00 | 3.42 | -70.7% | 3.32 | -69.9% |
| Finance costs | 0.00 | 0.00 | -80.5% | n/a | n/a |
| Depreciation | 0.21 | 0.21 | +0.2% | n/a | n/a |
| Tax expense | 0.10 | 0.81 | -88.2% | n/a | n/a |
| EPS, basic (₹) | 0.06 | 0.16 | -62.5% | 0.15 | -60.0% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income of ₹5.84 crore fell 26.1% YoY, and net profit fell 65.2% to ₹0.91 crore. Profit before tax of ₹1.00 crore is 70.7% below the year-earlier figure, and tax of ₹0.10 crore is 9.6% of it.
Standalone finance costs are nil in the quarter, and depreciation of ₹0.21 crore is unchanged from a year earlier.
The company says the New Labour Codes, effective 21 Nov 2025, are under evaluation, and their financial impact on employee benefit obligations is not reasonably determinable at this stage. No adjustment for them has been made in these results. The auditors' limited review report contains no qualifications, and the operations form a single segment, education.
Inference
The filing reports the quarter's results, a limited review without qualification, and a subsidiary that became part of the group on 12 Jan 2026. Paid-up equity share capital is ₹16.10 crore at a face value of ₹1 a share.
The filing does not say why net profit fell faster than income, or what the financial impact of the New Labour Codes will be; neither is known from the filing.
Filed with BSE on . Reference: Original filing (PDF)
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
