Cl Educate Ltd. · NSE:CLEDUCATE
Cl Educate — Q1 FY2022 Earnings Presentation
29 slides from Cl Educate's earnings presentation, 2021
Slide 1: Q1 FY21-22 Investor Presentation
Excellence In Education. Since 1995 Q1 FY21-22 Investor Presentation 1 Presented by: CL EDUCATE LIMITED
Slide 2: Core Values
Core Values 2 Presented by: CL EDUCATE LIMITED 2
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by CL Educate Limited (the “Company”) solely for information purposes without any regard to any specific objectives, financial situations or information needs of any particular person. This presentation and its contents are confidential and should not
Slide 4: Contents
Contents EdTech Environment & Business Updates Financial Updates Corporate Update COVID-II 4
Slide 5: Global EdTech Environment
Global EdTech Environment • Tectonic shits in China EdTech Sector • Private Tutoring & Equity Funding halted • Global Business: • India & Global Markets remain impacted due to COVID • Second COVID Wave delayed exam seasons; Board & CUCET exams cancelled • Economic re-opening slowed down and back to
Slide 6: EdTech Sector: China Crisis
EdTech Sector : China Crisis Academic Shifts Financial Shifts Outcomes • Govt. Decree - EdTech firms to be non- profit • Online curriculum for Children under the age of 6 has been banned. • EdTech firms banned from raising capital / going public • No classes to be held after 9pm • China’s loss India
Slide 7: COVID Impact – The Second Wave
COVID Impact – The Second Wave • COVID 2nd Wave impacted start of Q1 • No physical classes / No physical events • Test Prep Biz – Serviced ~1.3 Lakh consumers; including 18K paid customers (Vis-à-vis ~1.2 Lakh customers in Jun 20) • Postponement of exams remains a major concern for Test Prep Biz. •
Slide 8: Contents
Contents EdTech Environment & Business Updates Financial Updates Corporate Update COVID-II 8
Slide 9: Business Updates
Business Updates Q1 FY22 • Test Prep Biz: Total GMV up ~16%; Net Billing up ~17% despite the second wave. • Sign of recovery in MBA & Law • MBA – Billing up 17%; • Law – Volumes up 17%; Billing up 28% • After 12 – Volumes up 52%; Billing up 55% • Partner Biz up 18% (~17 Cr vis-à-vis ~14 Cr); • Openi
Slide 10: Enterprise & Publishing Business Update
Enterprise & Publishing Business Update • Enterprise Corporate delivered ~18 Cr revenue • EBITDA Margin (Standalone) up from 3% LY to 9% CY Enterprise • Expect international markets to drive significant growth in FY’22 • Institutional Business impacted by: • Delayed examinations, admissions cycle an
Slide 11: DIY Events Webinar Virtual Store
DIY Events Webinar Virtual Store Ex
Slide 12: Hybrid Platform Partner Kestone
Hybrid Platform Partner KESTONE MIDDLE EAST |. BANKING \ | KESTONE WINS BIG AT Ai & ANALYTICS SUMMIT 2O2i ° f&S 5-6 April2021 | Q Dubai, UAE www.mebankingai.com #mebankingai WHICH SESSIONS TO ATTEND?
Slide 13: Contents
Contents EdTech Environment & Business Updates Financial Updates Corporate Update COVID-II 13
Slide 14: Summary
Summary Rs. In Cr. Qtr. Qtr. Q-o-Q Qtr. Y-o-Y Jun 21 Mar 21* Change Jun 20 Change Operating Revenue 51.9 45.8 13% 47.0 10% Adjusted EBITDA 6.9 6.6 5% 7.3 -5% Adjusted PAT 3.0 2.9 2% 1.6 81% Adjusted ROCE 9.6% 9.2% - 9.7% - Adjusted ROE 4.3% 4.3% - 2.3% - • Qtr. for Mar 21 includes one-time Vocationa
Slide 15: Financial Snapshot
Financial Snapshot Operating Revenue 10% ✓ 51.9 Cr – Jun 21 Operating EBITDA ✓ 47.0 Cr – Jun20 64% ✓ 6.2 Cr– Jun 21 ✓ 3.8 Cr– Jun 20 Operating EBITDA Margin ✓ 12%– Jun 21 ✓ 8%– Jun 20 EBITDA 5% PAT ✓ 6.9 Cr – Jun 21 81% ✓ 7.3 Cr – Jun 20* ✓ 3.0 Cr– Jun 21 ✓ 1.6 Cr– Jun 20 15 * Jun 20 includes few on
Slide 16: Consolidated Financials
Consolidated Financials Rs. In Cr. Jun 21 Jun 20 Y-o-Y Growth Revenue from Ops 51.9 47.0 10% Total Income 52.6 50.5 4% Operating EBITDA 6.2 3.8 64% EBITDA* 6.9 7.3* -5% PBT 3.5 2.7 30% PAT 3.0 1.6 81% PAT Margin 6% 3% * Jun 20 includes few one-time incomes in the form of Liability write-back & IT re
Slide 17: Consolidated: Cash Position
Consolidated: Cash Position Rs. In Cr. Jun 21 Mar 21 Jun 20 MF Investments 38.8 38.5 37.6 Fixed Deposits 13.8 13.0 24.7 Cash & Cash Equivalents 17.6 17.3 13.0 Gross Cash 70.3 68.8 75.3 Borrowings (Current & Non-Current) 39.8 38.4 41.5 Long Term Borrowings 4.6 5.7 3.2 Net Cash 30.5 30.4 33.8 Trade Pa
Slide 18: Contents
Contents EdTech Environment & Business Updates Financial Updates Corporate Update COVID-II 18
Slide 19: Corporate Updates
Corporate Updates Stock Split • Stock Split approved by the Board of Directors • New Face Value: Rs 5/- • No. of Shares outstanding : 2.83 Cr (Vs 1.41 Cr) • Objective: Increased liquidity & Higher participation from Retail Shareholders Others • Merger - hearing held on July 30, report awaited from T
Slide 20: Thank You
Thank You For Investor Relations Queries Contact Arjun Wadhwa Amit Kanabar Chief Financial Officer Investor Relations CL Educate Ltd. CL Educate Ltd. Call: +91-98116 17289 Call: +91-88009 76683 E-mail: [email protected] E-mail: [email protected] [email protected]
Slide 21: Annexures
Annexures 21
Slide 22: Merger Scheme
Merger Scheme Pre-Merger Organization Structure Post-Merger Organization Structure Upward merger of CL Educate Limited all the subsidiaries with CL Educate 1A Wholly owned subsidiaries CL Educate CLEIS CL Media GKP Kestone AKMS Consumer Enterprise Segment Segment Composite Scheme: Merger of CLEIS, C
Slide 23: Indian Education Landscape
Indian Education Landscape Operating in sizable @$100 bn+, fast-growing industry Figures in Rs Cr CL’s focus areas JEE GATE Medical MBA Law CA UPSC, SSC, 14,600 1,680 6,400 390 83 2,520 Bank PO A $100 bn+ market 11,500 growing @16% Unregulated/ Education CAGR Informal/ Test-prep/ Industry Entreprene
Slide 24: Comprehensive product portfolio in Knowledge & Career Services
CL’s portfolio Comprehensive product portfolio in Knowledge & Career Services MBA I Law I Bank/SSC I Aptitude Products (AP) International Test-prep Consumer Knowledge Products (KP) GATE I IIT I Medical I CA I Civils Services Publishing CL Group Corporates Integrated Marketing Services (Corporates) E
Slide 25: Corporate Structure
Corporate Structure Digital Business Arm for Test Career Launcher 100% CL Educate Prep Segment Pvt. Ltd. Parent Company 100% 100% 58.95% 100% 100% 100% 100% 4.41% Accendere 361 DM Career Launcher Kestone ICEGATE GK Publications CL Media Knowledge Mgt. CLEIS Foundation Services (Associate) Research S
Slide 26: Leader in Test-Prep Segment
Consumer Vertical Leader in Test-Prep Segment Growing Brand Equity from Sustainable Strengths Consumer Bouquet of Products (MBA, Most comprehensive product-reach portfolio: 15 Law, Civils, GATE, Engg, etc.) 1 product groups + Network of 200+ centers pan India & ~4 Lakh consumers in FY21 National Tes
Slide 27: Knowledge services for Corporates, Educational Institutions
Enterprise Vertical Knowledge services for Corporates, Educational Institutions Differentiated offerings + One of the best execution capabilities Knowledge Services for Corporates Sales 1 Kestone • Managed Manpower Services • Training & Development 2,500+ Marketing Creative, approachable, • Marketin
Slide 28: Cross-leveraging between consumer & enterprise platforms
Unique Synergies Cross-leveraging between consumer & enterprise platforms CONSUMER ENTERPRISE Brand recognition …She then meets us in college for test across learning life CL initial brand contact prep or experiences …And then again in cycle when she is in school…. our research the workplace... serv
Slide 29: Strong team, complete focus on governance & processes
Strong ethos Strong team, complete focus on governance & processes Satya Narayanan R., Gautam Puri, Nikhil Mahajan, Professionally Chairman & Executive Director Vice Chairman & Managing Director Executive Director & CEO Enterprise business qualified, • 25+ years of experience in • 25+ years of exper