---
title: "CORE Education & Technologies Ltd (COREEDUTEC) — Share Price, Financials & Analysis"
symbol: "COREEDUTEC"
company: "CORE Education & Technologies Ltd"
canonical: "https://tapetide.com/stocks/COREEDUTEC"
generated_at: "2026-10-13T10:59:30.326Z"
---

# CORE Education & Technologies Ltd (COREEDUTEC)

Canonical page: https://tapetide.com/stocks/COREEDUTEC

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** core-edutech.com

## About

CORE Education & Technologies Limited is Indias largest global education company, with presence across US, 40 counties in UK, Pan India, Singapore, 9 countries in MEA, Hong Kong and 2 countries in Caribbean.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.83% over past five years.
- Company has a low return on equity of -30.6% over last 3 years.
- Contingent liabilities of Rs.677 Cr.
- Company has high debtors of 510 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -119% | — | — |
| revenue growth | -45% | -27% | -4% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 155 | 147 | 130 | 100 | 94 | 96 | 54 | 29 | 52 | 36 | 35 | 27 |
| Expenses | 110 | 107 | 125 | 52 | 28 | 39 | 42 | -6 | 12 | 9 | 366 | 60 |
| Operating Profit | 45 | 40 | 5 | 48 | 66 | 57 | 12 | 35 | 40 | 28 | -331 | -33 |
| OPM % | 29 | 27 | 3.8 | 48 | 70 | 59 | 21 | 120 | 78 | 76 | -945 | -124 |
| Other Income | 1 | -40 | -233 | -23 | -45 | 0 | -839 | 0 | 0 | 0 | -223 | 0 |
| Interest | 48 | 45 | 104 | 49 | 46 | 44 | 43 | 41 | 44 | 44 | -128 | 0 |
| Depreciation | 27 | 29 | 33 | 39 | 48 | 42 | 38 | 21 | 21 | 21 | 20 | 21 |
| Profit before tax | -29 | -74 | -365 | -63 | -73 | -29 | -909 | -27 | -24 | -37 | -446 | -54 |
| Tax % | -18 | -12 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -24 | -65 | -370 | -63 | -73 | -29 | -909 | -27 | -24 | -37 | -446 | -54 |
| EPS in Rs | -2.08 | -5.66 | -32.36 | -5.53 | -6.4 | -2.56 | -79.37 | -2.34 | -2.12 | -3.23 | -38.97 | -4.69 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 70 | 200 | 347 | 418 | 516 | 878 | 1123 | 628 | 344 | 150 |
| Expenses | 55 | 151 | 241 | 254 | 300 | 521 | 676 | 620 | 370 | 446 |
| Operating Profit | 15 | 49 | 106 | 164 | 215 | 358 | 447 | 8 | -26 | -296 |
| OPM % | 21 | 24 | 30 | 39 | 42 | 41 | 40 | 1.2 | -8 | -198 |
| Other Income | 1 | 6 | 1 | 9 | 3 | 45 | 5 | -78 | -357 | -222 |
| Interest | 1 | 2 | 13 | 31 | 58 | 125 | 144 | 208 | 194 | -39 |
| Depreciation | 0 | 1 | 2 | 6 | 8 | 42 | 107 | 247 | 497 | 83 |
| Profit before tax | 13 | 51 | 91 | 136 | 152 | 235 | 201 | -525 | -1075 | -561 |
| Tax % | 13 | 13 | 12 | 18 | 19 | 20 | 21 | -4 | 0 | — |
| Net Profit | 12 | 45 | 81 | 112 | 124 | 188 | 159 | -502 | -1075 | -561 |
| EPS in Rs | 1.68 | 5.37 | 9.38 | 11.34 | 11.33 | 16.72 | 13.85 | -43.86 | -93.87 | -49.01 |
| Dividend Payout % | 12 | 4 | 6 | 5 | 5 | 4 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 14 | 17 | 17 | 20 | 22 | 22 | 23 | 23 | 23 |
| Reserves | 15 | 80 | 327 | 457 | 734 | 949 | 1239 | 1447 | 981 | -107 |
| Borrowings | 1 | 0 | 168 | 226 | 287 | 795 | 1207 | 1379 | 1673 | 1698 |
| Other Liabilities | 8 | 30 | 57 | 126 | 60 | 128 | 233 | 329 | 492 | 613 |
| Total Liabilities | 28 | 124 | 568 | 826 | 1101 | 1893 | 2702 | 3178 | 3168 | 2226 |
| Fixed Assets | 3 | 13 | 39 | 45 | 119 | 281 | 726 | 696 | 783 | 444 |
| CWIP | 1 | 1 | 51 | 92 | 172 | 46 | 49 | 0 | 0 | 0 |
| Investments | 5 | 41 | 347 | 352 | 488 | 940 | 1158 | 1331 | 1338 | 932 |
| Other Assets | 19 | 68 | 130 | 336 | 322 | 626 | 768 | 1151 | 1048 | 850 |
| Total Assets | 28 | 124 | 568 | 826 | 1101 | 1893 | 2702 | 3178 | 3168 | 2226 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2 | -3 | 25 | 76 | 106 | 136 | 283 | 113 | 67 | -73 |
| Cash from Investing Activity | -9 | -44 | -383 | -105 | -304 | -567 | -704 | -203 | -269 | 247 |
| Cash from Financing Activity | 11 | 65 | 374 | 73 | 148 | 544 | 407 | 49 | 131 | -174 |
| Net Cash Flow | 5 | 17 | 16 | 44 | -50 | 113 | -13 | -41 | -71 | 0 |
| Free Cash Flow | -1 | -13 | -52 | 27 | -55 | -40 | -205 | 79 | -197 | -231 |
| CFO/OP | 50 | -13 | 55 | 74 | 69 | 63 | 97 | 33 | 859 | 279 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 161 | 136 | 130 | 185 | 167 | 174 | 148 | 167 | 299 | 510 |
| Inventory Days | 1 | — | — | — | — | — | — | — | 198 | 0 |
| Days Payable | 301 | — | — | — | — | — | — | — | 697 | — |
| Cash Conversion Cycle | -139 | 136 | 130 | 185 | 167 | 174 | 148 | 167 | -201 | 510 |
| Working Capital Days | 100 | 88 | 68 | 138 | 205 | 157 | 116 | 204 | 300 | 209 |
| ROCE % | — | 26 | 18 | 17 | 19 | 15 | 17 | 13 | -9 | -22 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 |
| --- | --- | --- |
| Promoters | 30.72% | 30.72% |
| FIIs | 0.02% | 0.02% |
| DIIs | 0.06% | 0.06% |
| Public | 69.2% | 69.2% |
| No. of Shareholders | 19560 | 19087 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 30.72% | 30.72% | 30.72% | 30.72% | 30.72% | 30.72% | 30.72% | 30.72% |
| FIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| DIIs | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% |
| Public | 69.2% | 69.2% | 69.2% | 69.2% | 69.2% | 69.2% | 69.2% | 69.2% |
| No. of Shareholders | 19734 | 19669 | 19631 | 19560 | 19475 | 19397 | 19360 | 19087 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 800.71 | Sell |
| EMA (10) | 793.88 | Sell |
| SMA (20) | 801.43 | Sell |
| EMA (20) | 799.64 | Sell |
| SMA (50) | 809.34 | Sell |
| EMA (50) | 811.25 | Sell |
| SMA (100) | 834.52 | Sell |
| EMA (100) | 825.26 | Sell |
| SMA (200) | 841.73 | Sell |
| EMA (200) | 847.47 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.81 | Neutral |
| MACD (12,26,9) | -6.33 | Sell |
| Stochastic (14,3,3) | 6.92 | Buy |
| ADX (14) | 33.37 | Buy |
| Williams %R (14) | -98.36 | Buy |
| ATR (14) | 38.45 | High Volatility |
| ROC (12) | -6.87 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 19.33 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-05-25 | [Announcement under Regulation 30 (LODR)- initiation of the Liquidation Process](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/1cbaa786-14dd-4617-8cdd-4d523bf0eb35.pdf) |
| 2018-04-27 | [Compliance Of Regulation 40(10)](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/ac712973-06b0-4495-8dc1-6a8b847f97dd.pdf) |
| 2018-04-11 | [Compliance Certificate For The Period Ended 31.03.2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/bb25ed19-11b0-4fe7-a559-1eebcd94cab5.pdf) |
| 2016-09-01 | [Limited Review Report for June 30, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9E681D77_E6FA_4916_84E6_7E2FA73E3969_140839.pdf) |
| 2016-09-01 | [Limited Review Report for June 30, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/9/9E681D77_E6FA_4916_84E6_7E2FA73E3969_140839.pdf) |
| 2016-08-25 | [Standalone Financial Results for March 31, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83780C14_28B9_4497_B62A_F513590C98ED_175936.pdf) |
| 2016-08-25 | [Standalone Financial Results for June 30, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0A30626E_DFCD_47E0_B507_6F0F8E644379_180019.pdf) |
| 2016-08-25 | [Standalone Financial Results for March 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/8/83780C14_28B9_4497_B62A_F513590C98ED_175936.pdf) |
| 2016-08-25 | [Standalone Financial Results for June 30, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/8/0A30626E_DFCD_47E0_B507_6F0F8E644379_180019.pdf) |
| 2016-04-08 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=346A1C04_D7EA_4987_A2A1_0296C33F8CE8_102915.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640316.pdf) |
| Mar 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/512199/5121990314.pdf) |
| Mar 2014 | [Financial Year 2014](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/512199/5121990313.pdf) |
| Mar 2013 | [Financial Year 2013](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640313.pdf) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_1957_COREEDUTEC_2012_2013_01102013151122.zip) |
| 2013 | [Financial Year 2013](https://archives.nseindia.com/annual_reports/AR_2216_ZENITHCOMP_2012_2013_04102013153145.zip) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/512199/5121990312.pdf) |
| Mar 2012 | [Financial Year 2012](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640312.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:30.326Z.