BSE: 540062
Golden Crest Education & Servi
Operates as a small education services company earning revenue from consultancy services. In FY26, total income was Rs. 48.03 lakhs and revenue from operations was Rs. 42.31 lakhs, up from Rs. 33.05 lakhs in FY25, driven by higher consultancy service revenue. As a services business, it has no material input costs; the main expenses are employee costs at 25.5% of revenue and other operating expenses at 27.6%. The company is debt-free with no borrowings and holds total assets of Rs. 11.02 crore. Now in its 43rd year, it has invested Rs. 95.59 lakhs in promoter entity Spartan Global Solution Pvt Ltd, and is listed on BSE and CSE. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Consultancy services. Small, debt-free services company in the education industry
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | 0 | 0 | 0 | 0 | 0 |
| margin % | 2.7 | 16.3 | 20.5 | 47.4 | 46.9 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.07 | 0.13 | 0.13 | 0.31 | 0.33 |
| ROE % · ROCE % | 0.4 · 0.5 | 0.7 · 1.0 | 0.6 · 0.8 | 1.5 · 2.1 | 1.6 · 2.2 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (0) | 0 | (0) | 0 | (0) |
| Capex | 0 | 0 | (0) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.20 | 0.13 | 0.04 | 0.04 | 0.09 | 0.09 | 0.23 | 0.04 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| NIIT LEARNING SYSTEMS LTD | 2,748 | 10.7 | 1.78 | 6.1 | 16.1 | 16.7 | — | 19.2 |
| SHANTI EDU INITIATIVES L | 2,608 | 450.0 | 33.63 | 260.6 | 7.7 | 9.7 | — | 9.2 |
| NIIT LIMITED | 952 | 105.5 | 0.89 | 21.9 | 0.6 | 1.1 | (16.3) | 17.6 |
| GLOBAL EDUCATION LIMITED | 718 | 27.6 | 5.47 | 18.6 | 20.2 | 25.9 | — | 42.3 |
| APTECH LIMITED | 476 | 19.4 | 1.91 | 9.9 | 9.5 | 13.4 | 41.4 | 9.7 |
| CAREER POINT EDUTECH LTD | 293 | 12.3 | 3.86 | 9.1 | 30.3 | 40.6 | — | 76.3 |
| Golden Crest Education & Servi ◆ | 170 | 718.2 | 15.43 | — | 1.6 | 2.2 | — | 27.0 |
| VJTF EDUSERVICES LTD. | 104 | 45.1 | 0.89 | — | (0.1) | — | (9.7) | 415.5 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 718.2 | 23.5 | 14 of 14 | 0% |
| P/B | 15.4 | 1.9 | 13 of 15 | 14% |
| ROCE | 2.2 | 2.5 | 10 of 17 | 44% |
| ROE | 1.6 | 1.6 | 8 of 15 | 50% |
| Debt / Equity | 0.0 | 0.0 | 1 of 14 | 54% |
| EBITDA margin | 27.1 | 18.4 | 6 of 14 | 62% |
| Revenue growth | 1.1 | (0.0) | 8 of 16 | 53% |
| Profit growth | 16.8 | 12.5 | 5 of 15 | 71% |
| Market cap | 170 | 91 | 7 of 18 | 65% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 23 Oct 2026 · Board Meeting to Approve September 2026 Quarterly Results | results | low | — | — |
| 15 Oct 2026 · RTA confirms no dematerialisation requests in Q2 FY27 | compliance | minimal | — | — |
| 28 Sept 2026 · Newspaper notice on physical share demat window | compliance | minimal | — | — |
| 26 Aug 2026 · Golden Crest 43rd AGM: All 4 resolutions passed with near-unanimous support | compliance | minimal | — | — |
| 26 Aug 2026 · 43rd AGM: 4 resolutions passed, financials adopted | compliance | minimal | — | — |
| 24 Aug 2026 · AGM results: Re-appointment of MD and two director appointments approved | compliance | minimal | — | — |
| 24 Aug 2026 · Summary of 43rd AGM proceedings held on 24 Aug 2026 | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results | compliance | minimal | — | — |
| 3 Aug 2026 · Regulation 32 Non-Applicability Confirmation for Q1 FY27 | compliance | minimal | — | — |
| 3 Aug 2026 · Q1 FY27 results: net profit Rs 2.16 lakh vs Rs 1.85 lakh YoY | results | high | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.