Ironwood Education Ltd (508918)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Ironwood Education's revenue was ₹11.6 Cr, and net profit ₹0.9 Cr (against a loss a year earlier); the operating margin was 13.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹11.6 | — | -48.0% |
| Operating profit | ₹1.6 | from loss | -45.8% |
| Net profit | ₹0.9 | from loss | +123.9% |
| EPS (₹) | 0.51 | from loss | +121.7% |
| Operating margin | 13.8% | — | — |
📢 Recent Corporate Announcements
Ironwood Education Limited has announced the closure of its Register of Members and Share Transfer Books from September 24, 2026, to September 28, 2026. The book closure is scheduled for the purpose of conducting the company's Annual General Meeting (AGM). The company's paid-up equity share capital stands at Rs 16.78 crore, comprising equity shares of face value Rs 10 each. This is a standard corporate compliance intimation and carries no direct operational or financial impact.
- Book closure period set from September 24, 2026, to September 28, 2026
- Purpose of book closure is to facilitate the Annual General Meeting
- Paid-up equity share capital stands at Rs 16,78,06,260 with a face value of Rs 10 per share
- Decision approved at the Board of Directors meeting held on August 14, 2026
Ironwood Education Limited submitted its quarterly Statement of Deviation or Variation under Regulation 32(1) for the quarter ended June 30, 2026. The company confirmed zero deviation or variation in the deployment of ₹7,70,25,150 raised via a preferential issue of equity shares on January 22, 2026. The statement noted that allocated funds were utilized towards stated objectives, including business expansion and real estate ventures. The Audit Committee reviewed and approved the submission at its meeting held on August 14, 2026.
- Total funds raised via preferential issue stood at ₹7,70,25,150 on January 22, 2026
- Confirmed zero deviation or variation in utilization for the quarter ended June 30, 2026
- Allocation of 550.00 fully utilized toward future growth, business expansion, and real estate business
- Statement reviewed and cleared by the Audit Committee on August 14, 2026
Ironwood Education's board has approved a proposal to raise up to ₹24.00 crore via a Rights Issue of equity shares to eligible shareholders. This fundraise represents ~32% of the company's current market capitalisation of ₹75 crore and ~77% of its net worth (₹31 crore). Concurrently, the company reported Q1 FY27 revenue of ₹11.56 crore and net profit of ₹0.85 crore, turning around from a net loss of ₹1.17 crore in Q1 FY26. The board also confirmed zero deviation in the utilization of ₹7.70 crore raised via a preferential issue earlier in January 2026.
- Approved Rights Issue of equity shares for an aggregate amount not exceeding ₹24.00 crore
- Fundraise represents ~32% of market cap (₹75 crore) and ~77% of net worth (₹31 crore)
- Reported Q1 FY27 revenue of ₹11.56 crore and net profit of ₹0.85 crore vs loss of ₹1.17 crore YoY
- Reported nil deviation in utilization of ₹7.70 crore preferential issue proceeds
- 43rd Annual General Meeting convened for September 28, 2026
Ironwood Education's Board has approved raising up to ₹24.00 crore via a Rights Issue of equity shares (face value ₹10 each), subject to regulatory approvals and pricing finalization. This proposed fundraise is significant, representing approximately 32% of the company's market capitalization of ₹75 crore and ~77% of its net worth. The Board also approved unaudited standalone and consolidated Q1 FY27 (ended June 30, 2026) financial results and reported zero deviation in the utilization of ₹7.70 crore raised via a preferential issue in January 2026. Additionally, the 43rd Annual General Meeting is scheduled for September 28, 2026.
- Board approved a Rights Issue of equity shares to raise an aggregate amount not exceeding ₹24.00 crore
- Proposed ₹24 crore fundraise equates to ~32% of current market capitalization (₹75 crore)
- Approved standalone and consolidated financial results for the quarter ended June 30, 2026
- Confirmed nil deviation in the utilization of ₹7.70 crore raised via preferential issue in January 2026
- 43rd AGM scheduled for September 28, 2026, with share transfer books closed from September 24 to 28, 2026
Ironwood Education has rescheduled its Board Meeting from August 12, 2026, to August 14, 2026, citing unavoidable circumstances. The meeting is critical as the board will consider the unaudited financial results for the quarter ended June 30, 2026, and a potential fundraise via a Rights Issue. Given the company's current debt of ₹40 crore against a net worth of ₹31 crore (D/E 1.27), the outcome of the Rights Issue proposal is significant for its capital structure. The trading window remains closed since July 01, 2026.
- Board meeting rescheduled from August 12, 2026, to August 14, 2026.
- Agenda includes approval of Standalone & Consolidated Unaudited Financial Results for the quarter ended June 30, 2026.
- Board to consider raising funds through a Rights Issue to eligible equity shareholders.
- Trading window for designated persons closed from July 01, 2026, until 48 hours post-results declaration.
Ironwood Education has scheduled a board meeting on August 12, 2026, to approve its Q1 FY27 financial results and consider raising funds through a Rights Issue. The company, with a market cap of Rs 81 Cr, currently carries a debt of Rs 40 Cr, resulting in a high Debt-to-Equity ratio of 1.27. This fundraise follows a significant revenue turnaround in FY26, where revenue reached Rs 52.58 Cr compared to just Rs 3.46 Cr in FY25. Investors should also note the declining promoter holding, which has dropped from 76.64% in September 2025 to 64.34% in June 2026.
- Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results and a Rights Issue.
- Company reported a TTM revenue of Rs 53 Cr against a market capitalization of Rs 81 Cr.
- Debt levels are significant at Rs 40 Cr relative to a Net Worth of Rs 31 Cr.
- Promoter holding has decreased by 12.3 percentage points over the last three quarters.
- FY26 performance showed a sharp recovery with a net profit of Rs 3.91 Cr vs a loss of Rs 10.15 Cr in FY25.
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