shanti educational initiatives ltd share price Management discussions


(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.

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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