Global Education Ltd. (GLOBAL) AI Stock Analysis

• Market Cap: ₹4.97B
• Dividend Yield: 1.06%
• Average Volume (3M): 163.22K
• Price to Earnings (P/E): 22.7
• Beta (1Y): 1.13
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 155
• Sector: Services
• Sector Strength: N/A
• Industry: Education & Training Services
• EPS (TTM): 1.31
• Shares Outstanding: 50,901,500
• 10 Day Avg. Volume: 175,438
• 30 Day Avg. Volume: 163,225
• PEG Ratio: -0.49
• Price to Book (P/B): 2.10
• Price to Sales (P/S): 3.07
• P/FCF Ratio: 12.24
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 80 Outperform
• Price Target: ₹112.00 ▲(25.04% Upside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is driven primarily by strong financial quality (notably low leverage and solid growth/profitability) and supportive bullish technicals. Valuation is the main restraint, with a mid-range P/E and modest dividend yield.

Positive Factors

Conservative Balance Sheet

Minimal leverage materially reduces financial risk and preserves optionality: the company can fund organic growth, make selective acquisitions, or withstand revenue shocks without relying on new debt. This durable financial conservatism supports stability across business cycles.

Consistent Revenue Growth

Sustained ~16% top-line growth combined with healthy margins signals structural demand and effective pricing/scale. Over the medium term this supports reinvestment in programs, retention of market share in education services, and steady operating cash generation.

Operating Cash Flow Coverage

Reliable operating cash flow underpins earnings quality and funds working capital, capex and shareholder returns without excessive financing. Even with uneven FCF, strong OCF provides a durable cushion for execution and strategic spending over multiple quarters.

Negative Factors

Margin Compression

Eroding margins reduce return on invested capital and the ability to convert revenue growth into profit. If persistent, margin pressure can limit reinvestment, slow EPS recovery, and force operational or pricing adjustments that materially affect medium-term profitability.

Uneven Free Cash Flow Conversion

Sub-par FCF conversion versus net income creates variability in internal funding for growth, dividends or buybacks. Over several quarters this may necessitate higher working capital management focus or external financing to maintain strategic initiatives, reducing flexibility.

Declining EPS

A ~23% decline in EPS signals meaningful pressure on per-share profitability over the past period. Persisting EPS declines can constrain management's ability to invest, raise capital efficiently, or sustain shareholder returns, indicating structural profitability challenges to address.

Global Education Ltd. Business Overview & Revenue Model

Company Description

Global Education Limited provides educational and consultancy services in India and internationally. It operates through two segments, Educational Training and Development Activities; and Educational Business Support Activities. The company provides professional training and skill development to corporates, teachers, and students, as well as other various business support services to education institutions, corporates, and banks. It also offers operations and management consultancy services; financial management advisory services; IT advisory services; marketing and branding services; infrastructure facility services; and skill development and training, as well as conducts online exams. In addition, the company supplies computer hardware and accessories, tools, and printed materials, such as prospectus, journals, books, and stationery items for educational institutions. Global Education Limited was founded in 2011 and is headquartered in Mumbai, India.

How the Company Makes Money

Global Education Ltd. Financial Statement Overview

Summary

Strong fundamentals overall: solid TTM revenue growth (~16%), high profitability, and an exceptionally conservative balance sheet with minimal leverage. Offsetting factors are some recent margin/earnings compression versus prior peaks and only moderate/uneven free-cash-flow conversion.

Income Statement

TTM (Trailing-Twelve-Months) revenue growth is strong (~16%), and profitability remains high with robust operating and net margins. However, margins have compressed versus prior annual periods (notably from 2024 to TTM), and net income in TTM is below the 2025 annual level, signaling some near-term profit pressure despite continued growth.

Balance Sheet

The balance sheet is very conservatively financed with minimal debt and a debt-to-equity effectively at zero across periods, which materially reduces financial risk. Equity and assets have expanded meaningfully over time, and returns on equity are healthy (high-teens in TTM), though down from peak levels seen in 2023–2024.

Cash Flow

Operating cash flow is consistently strong and covers reported earnings well, supporting earnings quality. Free cash flow is solid in absolute terms, but cash conversion is only moderate in TTM (free cash flow below net income) and free cash flow growth has been uneven year-to-year, indicating some volatility in cash generation.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	890.00M	754.14M	743.11M	619.82M	394.02M	255.97M
Gross Profit	414.08M	398.50M	540.88M	498.21M	341.21M	94.38M
EBITDA	349.56M	380.39M	491.57M	365.95M	184.67M	38.01M
Net Income	225.46M	281.93M	338.27M	225.94M	108.52M	31.53M
Balance Sheet
Total Assets	1.38B	1.16B	975.27M	738.25M	523.05M	437.67M
Cash, Cash Equivalents and Short-Term Investments	8.46M	54.08M	84.94M	94.12M	38.71M	6.37M
Total Debt	1.61M	0.00	0.00	0.00	0.00	0.00
Total Liabilities	149.01M	65.90M	86.91M	84.88M	55.94M	39.25M
Stockholders Equity	1.23B	1.10B	889.65M	653.19M	467.11M	398.42M
Cash Flow
Free Cash Flow	196.55M	188.91M	200.69M	206.03M	12.88M	52.36M
Operating Cash Flow	268.78M	271.68M	240.81M	257.44M	208.43M	57.24M
Investing Cash Flow	-217.15M	-230.55M	-148.19M	-161.56M	-135.37M	-48.40M
Financing Cash Flow	-49.36M	-71.26M	-102.00M	-40.47M	-40.72M	-3.73M

Global Education Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GLOBAL	80 Outperform	₹4.97B	22.69	―	1.06%	―	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
ZEELEARN	55 Neutral	₹1.93B	19.33	―	―	28.91%	-94.80%
CLEDUCATE	52 Neutral	₹2.08B	-6.50	―	―	43.91%	-249.30%
CCHHL	45 Neutral	₹2.13B	26.05	―	―	45.17%	―
MTEDUCARE	41 Neutral	₹104.73M	-0.54	―	―	-3.63%	24.10%

Global Education Ltd. Corporate Events

Global Education Ltd. Approves Strategic Share Sale of NSE Holdings

Global Education Ltd. announced the approval of the sale of up to 110,000 equity shares of the National Stock Exchange of India Ltd. at a minimum price of ₹1,800 per share. This strategic move is expected to occur in the current or subsequent quarter, subject to regulatory and procedural formalities. The financial impact will be disclosed upon completion. Additionally, the Board reviewed and expressed satisfaction with the company’s general business operations.

Global Education Limited Approves Sale of NSE Shares

Global Education Limited’s Board of Directors has approved the sale of up to 110,000 equity shares of the National Stock Exchange of India Ltd. at a minimum price of ₹1,800 per share. This strategic move is expected to be executed in phases within the current or subsequent quarter, pending regulatory approvals. Additionally, the board reviewed the company’s general business operations and expressed satisfaction with its performance.