Zee Learn Limited · NSE:ZEELEARN
Zee Learn — Investor Presentation (August 2020)
31 slides from Zee Learn's investor presentation, August 2020
Slide 1: Zee Learn: Nation Building Through Education
LEARN KIDZEE Mount Litera Z NATION BUILDING THROUGH EDUCATION THINK EDUCATION. THINK ZEE LEARN. World Preschool Mount Litera School INTERNATIONAL
Slide 2: Essel Group: conglomerates in emerging markets capturing growth opportunities
-------------------------------------Broadcasting---------------------------------------- conglomerates in emerging markets Zee Entertainment Enterprises Ltd Zee Media Corporation Ltd Veria India's leading television, media India's foremost media 24 hr HD channel offering One of the largest media an
Slide 3: Power of Trust
SF. ONS) > Power of Trust m Brand Trust Report, India Study 2016 Mount Litera Warld Preschool
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Slide 5: Business Model: Preschool and K-12 Services
Business Model Business Model • Franchise • Franchise • Company owned company operated • School Management Contract (COCO) Services Services • Pedagogy, Curriculum & Content • Architectural designs • Teacher Training • Curriculum - Blended Learning Designs • Marketing & Academic Center Audits integr
Slide 6: Business Model: Higher Education and Vocational
Business Model Business Model • Franchise • Company owned company operated • Company owned company operated (COCO) (COCO) Services Services • Assists in Placements • Assists in Placements • Faculty training • Faculty training • Content • Content • Marketing support Strengths Through a mix of degrees
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Slide 8: Strongholds of Zee Learn
Strongholds of Zee Learn • Revenue grown at a CAGR of 36% from FY12 to FY19 i.e. Rs.61 Cr to Rs. 517 Cr (consolidated) • Largest pre school chain in India with c.2000 operational centers • MLZS with 129 operational schools is one of the fastest growing school chains • Only organized pre-school chain
Slide 9: Largest Pre School Chain in Asia
Largest Pre School Chain in Asia Particulars Kidzee Euro Kids Bachpan Shemrock Little Millennium Established since 2003 1997 2005 1989 2006 Nos of centres c.2000 c.900 c.1000 c.525 c.450 Pedagogy Propriety pedagogy Propriety No Propriety Propriety Propriety ‘illume’. pedagogy pedagogy pedagogy pedag
Slide 10: Fastest Growing K-12 School Chain in India
Fastest Growing K-12 School Chain in India Particulars MLZS DPS Rayan Educomp Euro School International Number of Schools 129 210 120+ 47 10 Affiliated Board CBSE CBSE CBSE,ICSE,IB,IGC CBSE CBSE SE Pedagogy Propriety NCERT with No Propriety Propriety Propriety pedagogy some additional pedagogy pedag
Slide 11: Strategic Growth Levers for existing businesses
Zee Learn’s Strategic Growth Levers for existing businesses Best In Class Student Best In Class Product Largest Foot Print experience Portfolio • Average new signups c.350 Pre • This helps in Increasing share of • Content is developed on our belief Schools and 24 K-12 YoY wallet per customer by leve
Slide 12: Growth Opportunities for Zee Learn
Growth Opportunities for Zee Learn • Average enrollment per Kidzee centre is c.72, against full capacity of c.125 per centre • Average enrollment per MLZS is c.500, against full capacity of c.1800 per school • Our own operating K-12 schools have average enrollments of c. 600 per school, against full
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Slide 14: Preschool - Segment Outlook
Preschool - Segment Outlook Market Growth Drivers Key Challenges • 2012 Market size c.Rs. 5200 Cr • Lack of awareness • Increased propensity to spend • Expected CAGR 15% • High rental cost on quality education • Expected Market size by 2020 • Unavailability of quality • Rising urbanization Rs. 16,00
Slide 15: School (K12) - Segment Outlook
School (K12) - Segment Outlook Market Growth Drivers Key Challenges • 2012 Market Size ~ Rs 83850 • Demand vs supply gap (private • Huge market potential crore schools) (population) • Expected CAGR 17% • 20000-25000 ‘Quality‘ schools • Private schools preference by • Expected Market by 2020 ~ Rs req
Slide 16: Higher Education - Segment Outlook
Higher Education - Segment Outlook Growth Drivers Key Challenges Market • 2012 Market Size ~ Rs 31400 • Front-loaded capex and back • Distance education programs crores ended returns operationally profitable from • Expected CAGR 14% • Returns sustainable after 7 yrs yr 1 • Expected Market size by 20
Slide 17: Future scope for expansion - Higher Education
Future scope for expansion- Higher Education • There is a huge potential for quality education in this segment – There is a dramatic drop in the enrolments post K12 – Only 18% of addressable students in Indians go for higher studies as compared to 85% in developed countries like US & UK • University
Slide 18: Future scope for expansion - Teacher Training
Future scope for expansion- Teacher Training Market Growth Drivers Key Challenges • Current Market Size Negligible • Tie up with Govt (maximum • Growing unmet need of good • Expected Market by 2020 ~ Rs opportunity lies with them) quality teachers by Private 2700 Crore schools • Currently no large p
Slide 19: Future scope for expansion - Other potential growth drivers
Future scope for expansion- Other potential Growth drivers in the sector • E-learning – All forms of electronically supported learning and teaching, including educational technology and e-tutorials – Key players - NIIT, Aptech, Meritnation.com, Studymate.com – Expected Market size for E-learning in
Slide 20: Group
GROUP
Slide 21: Operating Performance (Standalone)
Zee Learn Ltd– Operating Performance (Standalone) Operating Revenue 2,000 Rs.Million 1,500 1,000 500 - FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 Revenue 610 1,000 1,192 1216 1390 1605 1863 2098 Operating EBIDTA 500 350 Rs.Million 200 50 -100 -250 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 EBIDTA -218 -85
Slide 22: Operating Performance (Consolidated)
Zee Learn Ltd– Operating Performance (Consolidated) Operating Revenue 1,800 Rs.Million 1,200 600 - FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 Revenue 610 1,008 1,213 1278 1513 1805 2688 5172 Operating EBIDTA 650 500 350 Rs.Million 200 50 -100 -250 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 EBIDTA -218 -78
Slide 23: Consolidated Financial Highlights – Q2 FY20
Consolidated Financial Highlights – Q2 FY20 Rs in Mn Quarter Ended Half Year Ended Year Ended Particulars Q2FY20 Q1FY20 Q2FY19 H1FY20 H1FY19 FY19 Revenue from operations 1,366 1,548 1,260 2,914 2,392 5,172 Other Income 118 115 69 233 129 320 Total Revenue 1,484 1,663 1,329 3,147 2,521 5,493 Expenses
Slide 24: Financial Performance - YoY
Financial Performance - YoY Rs in Mn Standalone Consolidated FY19 FY18 FY17 FY16 FY15 FY19 FY18 FY17 FY16 FY15 (IND- (IND- (IND- (IND- (IND- (IND- Particulars AS) AS) AS) AS) AS) AS) Revenue 2098 1,863 1,605 1,390 1,216 5172 2,688 1,805 1,513 1,278 Expenditure 1162 1,142 1,198 1,072 967 3596 1,668 1
Slide 25: Group
GROUP
Slide 26: Digital Ventures Pvt. Ltd - 100% subsidiary
Digital Ventures Pvt. Ltd- 100% subsidiary DVPL is engaged in owning, developing and leasing the school infrastructure and ancillary assets required in educational business Sr. Locations Area Peak Student School Status for Facilities No. Capacity Academic Year 2019-20 1 Bhatinda Spread across 8 acre
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Slide 28: Management: Vikash Kar, CEO; Raju Babu Sinha, COO
Vikash Kar, Raju Babu Sinha, CEO COO • Mr. Kar is a senior Human Resources and Business • Mr. Sinha has over 25 years of leadership experience in the professional. He is a business management graduate with entire gamut of business aspects of the Education Domain 19 years of professional experience i
Slide 29: Rakesh Agarwal, CFO
Rakesh Agarwal, CFO • Rakesh is a senior Finance professional with over 19 years of work experience. He has strong exposure to Business Planning, Project Finance, Treasury, Taxation, Risk and control frameworks, Contracting, Accounting, Audit, Corporate Governance, Compliance and dealing with the Bo
Slide 30: Disclaimer
Disclaimer This presentation contains confidential information regarding Zee Learn Limited (ZLL, the Company) and it’s subsidiaries and affiliates (together with the Company, the Group) and is being furnished for limited use and for information purposes only. This Presentation and the information co
Slide 31: The Quantum Leap
The Quantum Leap