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IEC Education

531840 BSE
₹22.50 up 0.38 (1.72%)
Market Cap
₹34.36 Cr

IEC Education (IECEDU) share price was ₹22.12 at the 28 Oct 2026 close; market capitalisation ₹33.78 Cr; sector Information Technology. The share price fell 36.4% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue was under ₹1 Cr in both quarters and net profit was −₹0.05 Cr, against −₹0.04 Cr a year earlier (compared with Jun 2025). Promoters held 66.75% of IEC Education in Sep 2026, unchanged from Jun 2026. Its Tapetide Score is 55/100 (Good) as of 28 Oct 2026.

Close 28 Oct 2026 ₹22.12 −11.98 −35.13% 1Y

Key Fundamentals

MicrocapIT - SoftwareInformation Technology
Market Cap
₹34.36 Cr
EBITDA
−₹1.90 Cr
Return on Equity
-9.08%
Return on Capital Employed
-6.91%
Debt to Equity
0
Book Value
₹18.02
EPS (TTM)
−₹1.66
52W High
₹39.20
52W Low
₹19.50

Price-based figures as of 29 Oct 2026, 11:35 IST · EPS basis: Consolidated · TTM

Peer Comparison

Information Technology › Software Products

Oracle Financial Services Software
₹10,102.0025.7687,971 Cr11.454.03%33.72%43.24%9,338 Cr3,414 Cr
Tanla Platforms
₹623.8015.528,274 Cr3.042.07%20.46%25.19%4,919 Cr532 Cr
CE Info Systems
₹827.2532.874,535 Cr5.010.42%14.81%20.72%551 Cr139 Cr
Capillary Technologies
₹519.7097.874,136 Cr4.040.00%5.12%5.43%855 Cr42 Cr
Mobavenue AI Tech
₹269.9558.942,087 Cr23.030.57%32.41%33.84%248 Cr35 Cr
Ramco Systems
₹532.1047.982,001 Cr5.730.00%11.89%11.90%725 Cr42 Cr
IEC Education (this company)
₹22.50—34 Cr1.250.00%-9.08%-6.91%0 Cr-3 Cr
Median 7 companies₹532.1040.434,136 Cr5.010.42%14.81%20.72%725 Cr42 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

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

55 Good
Overall score

Data confidence 75/100

Category scores

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

Oscillators

Bearish

Bearish
2
Neutral
6
Bullish
1

Overall

Bearish

Bearish
12
Neutral
6
Bullish
1

Moving Averages

Bearish

Bearish
10
Neutral
0
Bullish
0

Growth Rate

Net Income Growth
733% higher than 3Y

change over 1 year

Cash Flow Change
—

EBITDA Margin Change
-100%

change over 1 year

Quarterly Results

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
Figures in ₹ Crores

Profit & Loss

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%
-12700%
-3050%
—
—
—
—
—
—
—
—
—
—
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%
—
Figures in ₹ Crores

Balance Sheet

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
Figures in ₹ Crores

Cash Flow

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
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
903
2,52,215
1,16,253
—
—
—
—
—
—
—
—
—
Cash Conversion Cycle
903
2,52,215
1,16,253
—
—
—
—
—
—
—
—
—
Working Capital Days
729
2,65,355
1,36,875
—
—
—
—
—
—
—
—
—
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

60 extracted metrics + investor summaries across FY10–FY27.

Shareholding Pattern

Promot.66.75%Public16.52%Others16.72%As ofSep 2026

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.[1]
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 market capitalisation of IEC Education Ltd?
IEC Education Ltd has a market capitalisation of ₹34.36 Cr as of 29 Oct 2026, which places it in the Small Cap band.
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 29 Oct 2026.
What is the Return on Equity (ROE) of IEC Education Ltd?
IEC Education Ltd reported a return on equity of -9.08%. 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.[1]

Website iecgroup.in
Face Value ₹ 10
Shares Outstanding 1,52,69,197

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