Company Overview

Moxsh Overseas Educon Limited, originally incorporated as "Moxsh Overseas Educon Private Limited" on May 02, 2018, converted into a Public Limited Company on August 25, 2022. The company is a prominent player in the education services sector, operating under the brand name MOKSH. It specializes in providing counselling, guidance, and support to Indian and international students pursuing higher education abroad, particularly in medical fields. Moxsh Overseas Educon Limited has established tie-ups with various foreign universities and offers online coaching for higher education.

Business Profile

The company is actively involved in guiding medical professionals and students for overseas medical education, including MBBS abroad. It also offers coaching for crucial medical licensing examinations such as the United States Medical Licensing Examination (USMLE), Professional and Linguistic Assessments Board (PLAB), and National Exit Test (NEXT). MOEL provides this coaching to medical aspirants across 7 countries, including India.

Business Segments and Services

Moxsh Overseas Educon Limited provides a comprehensive suite of services designed to support students throughout their journey of seeking medical education abroad. These services include:

- Career Counselling

- University Shortlisting

- Application Documentation

- Live Application Tracking

- Interview Training

- Securing Admits

- Visa Documentation

- Travel Packages

- Currency Exchange Assistance

- Pre-departure Orientation

- Post-arrival Services

- Campus Buddy Support

The company has strategically positioned itself to offer end-to-end solutions, making it a one-stop provider in this specialized domain. Furthermore, Moxsh Overseas Educon Limited has expanded its offerings into the technology-based online education space, providing live classes for global medical license test preparation. This diversification into digital learning platforms highlights the company's adaptability to modern educational delivery methods and its commitment to leveraging technology for enhanced student outcomes.

Financial Performance and Market Position

For the year ended 2024, Moxsh Overseas Educon Ltd reported a loss of ₹-2.33 crore on a total income of ₹10.64 crore. The company's revenue performance indicates challenges in achieving profitability despite ongoing operational activities. The trailing twelve months (TTM) profit after tax was ₹-2 crore.

As of the year ended March 31, 2023, the company's Total Operating Revenue stood at ₹12.27 crore, with an Equity Capital of ₹2.24 crore. The total asset value of Moxsh Overseas Educon Ltd was ₹16 crore as of March 31, 2024, reflecting its operational scale and asset base.

The company faces several financial challenges, including a poor sales growth of 3.48% over the past five years. Additionally, Moxsh Overseas Educon Ltd has a low return on equity of -4.16% over the last three years. The company also exhibits high debtors of 314 days, suggesting potential challenges in cash flow management due to collection periods.

Market Capitalization and Stock Performance

- Market Capitalization: ₹24.2 Crore (as of 2025, down -13.3% in 1 year)

- Company Classification: Small Cap (as per Value Research)

- 52-Week High: ₹57.15

- 52-Week Low: ₹25.50

- 1-Year Return: -7.52%

The stock has demonstrated significant volatility over the past year, with a notable decline in its market capitalization.

Key Financial Ratios and Valuation Metrics

- PE Ratio: 0.00 (as of May 08, 2025), indicating negative earnings.

- PB Ratio: 1.44 times (as of May 08, 2025). This suggests the stock is trading below its book value and offers a significant discount (65%) compared to its peers' median P/B ratio of 4.17 times. This valuation discount likely reflects market caution regarding the company's financial performance and future growth prospects.

Leadership and Corporate Governance

- Chairman: Dhananjay Shah

- Managing Director: Dhananjay Shah

- Company Secretary: Priyanka Rathi

- Promoter Holding: Increased to 62.43% as of October 2024 (from 62.43% as of March 2024), indicating sustained promoter confidence.

- Promoter Pledge: There is no promoter pledging of shares, which suggests financial stability or confidence in the company's prospects.

Industry Position and Competition

Moxsh Overseas Educon Limited operates within the Education - Coaching/Study Material/Others industry. The company's primary competitors include:

- Veranda Learning Solutions Ltd

- CL Educate Ltd

- Global Education Ltd

- CP Capital Limited

- Addictive Learning Technology Ltd

While competing in the broader education services sector, Moxsh Overseas Educon's specialized focus on medical education and overseas placements provides it with a niche positioning. However, the company faces challenges in scaling profitably within this specialized segment, particularly against established players and emerging technology-driven platforms.