Birla Shloka Edutech - 511607

Name of Company	Birla Shloka Edutech
BSE Code	511607
NSE Code
ICICI Code
Established
My Take	Dislike
Headquarters	Mumbai
Promoters	The Yash Birla group
Story	XL@School is their flagship project for maths and Science. They setup AV rooms and computer labs for schools. Main area where they operate is in Maharastra. Sells at 88 Cr market cap for FY10 annual revenue of 179 Cr and net profit of 5 Cr.
Sector	Education
Sub-sector	Software and appliances for educational institutions, schools.
Website	http://www.birlashloka.com
Positives	promoters hold 34% shares, none pledged.
Negatives	Lot of business from Maharastra. They have custom solutions only for Maharastra board, ICSE and CBSE. Other state boards are not covered. NPM is low 2-3%, though revenues are higher than Aptech. Low reserves @ 3 Cr at the end of FY10. Faces great competition from players such as Educomp which have OPM at 25%.
Peers	Educomp
News
Price @ blogged	44.15 (19-Aug-10)