(Management Discussion and Analysis Report is part of Directors Report for the Year
Ended
31st March, 2023.)
Overview of Operations of Our Company
Companys total income during the year is Rs. 1581.51 lakhs which consists of the
following:
Particulars |
As on 31.03.2023 |
Sale of services |
995.18 |
Other Operating Revenue Income |
|
Education Services |
64.90 |
Franchisee Income |
40.16 |
Interest Income |
170.76 |
Other Income |
312.11 |
Total |
1583.11 |
Less: |
|
Commission |
1.62 |
TOTAL INCOME |
1581.51 |
The Education System in India
India has a unique education system designed to uphold its nations culture, history,
values, and customs.
While traditionally, education in India was reserved mostly for the higher-caste
children, new education policies have been aiming to achieve equity in education and the
right to education for all children irrespective of social class.
Our Company is a growing educational sector company, which is the key to nation
building. It is also well-accepted that providing the right knowledge and skills to the
youth can ensure fiscal and national progress.
According to our company the basis of learning is not only to read books and memorise
information, but the well-rounded, holistic development of a child. This included their
mental, cognitive, physical and spiritual wellness.
We also explore ways you can empower your childs thirst for knowledge while meeting
new classroom demands and needs, across primary, secondary and higher education.
The emphasis is on developing students human values such as self-reliance, right
behaviours, empathy, creativity, plus strong moral and ethical behaviours. The aim is that
knowledge could later be practically implemented to find solutions to real-life problems.
New opportunities in the pre-school segment include teachers training, inclusion of
day care services, provisioning of after school extra-curricular activities and
edutainment products.
Our Company also intends to exploit the opportunities that are available in the
Education Sector and our operations will cover all aspects for development of
Importance of Pre School Education in India
Pre School education plays a very pivotal role in a toddlers life. Preschool education
offers an enriched environment, academic simulation and many socialization opportunities
for children who are of the same age group. Early schooling in India plays an important
role in preparing children emotionally, mentally, socially and physically for higher
education and proper understanding of different subjects.
Good primary education inspires both parents and students to enroll for pre-primary and
higher level at the later stages of higher studies. India follows a systematic process of
preschool education to impart knowledge in the best possible way for better understanding
of the young children. By following an easy and interesting curriculum, teachers strive
hard to make the entire learning process enjoyable for the children.
Pre School and Kindergarten methods lay a solid foundation for children and help them
to grasp knowledge easily in the later stages of school and college life.
Our School respect each childs path of learning and growth and give them the liberty
to choose the activities they are interested in. Our Teachers give equal attention to the
children and motivate them to take part in different activities that makes pre schooling
interesting and help them learn new things in life. Special educational facilities are
made available to the children to make sure that no child is neglected.
Pre-primary education in India provides a culturally sound environment for the children
and instills the right values to help them grow both mentally and physically. Pre
schooling facilitates in grooming young minds and provides dynamic and complete
development of children. By creating a formal learning environment for children,
preprimary school education helps them to understand the importance of learning and
discipline.
K-12 Education
K12 education in India has brought about drastic changes in the education system. It
has changed the overall concept of education with respect to content, resource,
management, and communication.
Currently, K12 education system is made compulsory to be adopted by the state and
central government schools. This kind of education system was formed to increase
interaction between students and teachers for effective learning and teaching
opportunities.
The concept of K-12 education is widely spread across the world. Do you know how it is
different from the conventional education system? It basically focuses on student and
teacher communication. It includes interaction sessions between the teachers and students
of Kindergarten to the 12th standard.
The government is taking initiatives for developing the K12 education system all across
the country. Teachers put a lot of effort in improving the learning outcomes with
effective interaction as much as possible. Here, technology plays an important role in
enhancing learning opportunities for students and providing different teaching strategies
for teachers.
Schools are developing and implementing classroom activities to help students in
building physical and academic skills. Students and teachers are adapting different
learning tools for gaining knowledge and skills. Advanced learning platforms with the help
of technology have definitely changed the way educators teach and students learn.
„i
Competition
India has the third largest higher education system in the world, and is behind only
the US and China in this area. Our higher educational institutions churn out around 2.5
million graduates every year. However, this caters to just about 10 per cent of Indias
youth and the quality of this output is considered below par.
Our higher education sector is increasingly incapable of meeting the rising
expectations of an emerging India. Indian universities, which should have been the centre
of cutting edge research and a hub of intellectual activity, are more often in the news
for political machinations than for research excellence. Years of low investment in higher
education along with a mistaken belief that providing uniform support to all universities
irrespective of their quality have led to a situation where neither our academics nor our
students have any incentive to undertake cutting-edge research.
Outlook
Our primary focus is on:
• Delivering global standard education with emphasis on Indian Values.
• Affordable fees.
• Technology enabled classrooms.
• Qualified, trained and passionate teachers.
• Best corporate practices.
SEIL has proved itself a turnkey project solutions company. The growth & success
can easily be gauged by prestigious projects successfully handled. Our team consists of
professionals who have vast experience in the field of school education, providing
standardized teacher training, technology-driven English medium curriculum and assured
learning outcomes. The team members have taught in leading schools, designed and taught
courses at the school as well as teacher-training level. According to our Education
Vision, will emphasis on reaching the Unreached and deliver Global education standard with
Indian values in K-12 schools. Our Mission Includes:
• To provide end to end School management solutions in K-12 education space.
• To be present in every possible district HQ in India with our services.
• Stress free, caring and safe learning environment.
• Teachers who are passionate educators.
• To develop students who will grow to be confident, self-disciplined, critical
thinkers and sensitive leaders and achieve highest academic standards through.
At SEIL, Students are benefitted with exposure to a global education platform, strong
foundation on Indian values for life-long learning, technology enabled and stress free
learning environment. Teachers are professionally qualified in their respective areas with
exposure to the latest curriculum, teaching methodology with exceptional growth
possibilities with the fastest growing education company.
Our Strength
? Updated and Online reach to students.
? Significant experience and strong presence in Gujarat & other regions of
India.
? Good Reputation and Brand Image.
? Experienced execution team & associates.
? Providing Best Facilities and atmosphere.
Internal Control System and Adequacy
The Company has an adequate internal control system commensurate with its size and the
nature of its business in order to achieve efficiency in operation and optimum utilization
of resources. These controls ensure safeguarding of assets, reduction and detection of
fraud and error, adequacy and completeness of the accounting records and timely
preparation of reliable financial information.
Discussion on financial performance with respect to operational performance
The Company has not incurred losses during the year under review.
Financial Results
? in Lakhs |
Particulars |
As on 31.03.2023 |
As on 31.03.2022 |
Sales/Income from operations |
1098.62 |
393.38 |
Other Income |
482.89 |
354.28 |
Total Income |
1581.51 |
747.66 |
Operating expenditure |
1086.43 |
593.71 |
Depreciation |
22.08 |
74.21 |
Total expenses |
1109.51 |
667.92 |
Profit Before Tax |
471.99 |
79.74 |
Tax |
135.29 |
-0.14 |
Profit for the year |
336.70 |
79.88 |
EPS |
|
|
a) Basic |
0.21 |
0.50 |
b) Diluted |
0.21 |
0.50 |
The Company is operating at PAN India basis with almost 250+ Shanti Juniors Preschool
centers and almost 5 owned and joint venture Shanti Asiatic (K-12 schools) and around 4
Franchised Shanti Asiatic (K-12 schools).
Development in Human Resources
Your Company treats its “human resources” as one of its most important
assets. Your Company continuously invests in attraction, retention and development of
talent on an ongoing basis. A number of programs that provide focussed people attention
are currently underway. Your Company thrust is on the promotion of talent internally
through job rotation and job enlargement.
Human Resources and Industrial Relations
During the year under review, your company had cordial and harmonious industrial
relations at all the levels of organization. The Company believes that the industry has
the tremendous potential to impact the society, nation and the world positively. Its
employees are major stakeholders and their efforts have direct stake in the business
prospects of the organization. The employees have extended a very productive cooperation
in the efforts of the management to carry the Company to greater heights.
The company acknowledges the efforts of its people and takes great pride in the
dedication, sincerity and hard work of its workforce.
Forward looking and cautionary statements
Certain statements made in this report, are forward looking statements and actual
results may differ from such expectations or projections about the future, as several
factors would make significant difference to the Companys operations such as economic
conditions affecting demand and supply, governments regulations, level of competitions
prevailing at the relevant times, etc. The Company assumes no responsibility to public to
amend, modify or revise any such statements on the basis of subsequent developments,
information or events.
Place: Ahmedabad |
By Order of the Board |
Date: 29/08/2023 |
For Shanti Educational Initiatives Limited |
|
Darshan Vayeda |
Vishal Chiripal |
|
Director |
Director |
|
DIN : 07788073 |
DIN : 00155013 |
+91-9892691696
