Sunday, September 15, 2019
News
NEWS HOME
»
PRESS RELEASES

Zee Learn Q1FY20 Consolidated Total Topline Rs. 166.2 Cr; EBITDA at Rs. 54.7 Cr
  SocialTwist Tell-a-Friend  
   


Date: 16-08-2019 2:50PM
Source: Zee Learn Limited
Category: Business/ Finance, Financial Analyst & Investors, General, Education & Training, Media & Entertainment, Accounting And Management, Major Diversified Industrial Groups
Location: Mumbai, Maharashtra, India

Business Wire India

  • Q1 FY20 Consolidated Total Topline & EBITDA up 40 % and 30 % YoY respectively
  • Q1 FY20 Standalone Total Topline & EBITDA up 11 % and 38 % YoY respectively

Zee Learn Limited, India’s leading Education company and India’s Most Trusted Diversified Education Brand*, today reported its Standalone and Consolidated Q1FY20 financial results.

Q1 FY20 performance on consolidated basis:
  • Total Topline for Q1FY20 at Rs. 166.2 Cr up from Rs. 119.1 Cr in Q1 FY19
  • EBITDA for Q1FY20 at Rs. 54.7 Cr up from Rs. 42.1 Cr in Q1 FY19

Commenting on the financial performance, Umesh Pradhan, CFO, Zee Learn Ltd said, “We continue to maintain our strong position in Pre School and K-12 business in Q1 FY20. The resilient performance owes to operational capabilities, world class service deliverables, strong franchisee network, resource optimization and rich product portfolio. The Company’s focus remains on improving business performance while driving synergies across our platforms. The same has resulted in a healthy growth of 40 % in total topline and 30 % in EBITDA.

Our strategic acquisition of MT Educare is yet another example of Zee Learn’s ability to turn around the business with great potential. Our focus on organically growing our platforms into market leading positions and monetizing our growth investments is beginning to crystalize.”

Zee Learn Ltd. also informed the stakeholders that the Company wishes to dispose off Real Estate assets pertaining to its school operations in order to release funds for de-leveraging its balance sheet, subject to necessary approvals.

Commenting on the business performance, Mr. Debshankar Mukhopadhyay, CEO, Zee Learn Ltd, said, “We see customers continuing to spend on the growth and transformation initiatives, and that is reflecting in our business numbers. ZLL through its varied forays including Early Childhood Care and Education (ECCE), K-12 School Education, Youth and Vocational education, Test Prep and tuition courses is playing a pivotal role in India’s education system. The new initiatives started by the company in last financial year are being well received by the children, parents, franchisee partners and all other stakeholders and we are confident that ZLL will continue to grow its business and is committed to create long-term value for its franchisees, parents and students, shareholder. Our contextual knowledge, full spectrum capabilities and investments in research and innovation are the bedrock of our discontinuous growth and transformation initiatives.”

Financial Highlights: ZLL Consolidated
Figs in Rs Cr
Quarter ended
Particulars 30 June, 19 31 March, 19 30 June, 18
FY19
YoY
Q1 %
Revenue
Revenue from operations 154.76 165.35 113.14 517.25 37%
Other Income 11.52 10.69 6.01 32.00 92%
Total Revenue 166.28 176.04 119.15 549.25 40%
Expenses
COGS / Operational Cost 43.87 46.66 28.69 145.37 53%
Employee benefits expense 38.43 41.23 28.01 141.57 37%
Selling and marketing expenses 6.67 7.67 7.02 27.19 -5%
Other expenses 11.03 17.85 7.25 45.39 52%
Total expenses 100.00 113.41 70.97 359.52 41%
EBITDA 54.75 51.93 42.17 157.72 30%
EBITDA % 35% 31% 37% 30%
Finance Cost 14.80 13.45 9.36 47.31 58%
Depreciation and amortisation expenses 14.95 7.46 4.61 27.89 225%
Profit before tax 36.53 41.72 34.22 114.53 7%
Profit before tax % 22% 24% 29% 21%
Tax 9.91 10.44 10.14 31.15 -2%
Profit after tax 26.62 31.28 24.08 83.39 11%
Profit after tax % 16% 18% 20% 15%

Key Business indicators
June 2019 end FY19 end June 2018 end FY18 end
Net Operational Kidzee (F) 1999 1914 1890 1813
Net Operational MLZS (F) 129 124 118 117
Net Kidzee Students (F) 109,689 136,954 100,207 127,201
Net MLZS Students (F) 78,252 63,875 58,029 56,264
ZLL Standalone EBITDA % 52% 45% 42% 39%

Key Financial indicators (Standalone)
June 2019 FY19 June 2018 FY18
Free Cash Flow (Rs. In Cr) 31.49 78.70 27.67 70.00
Borrowings (Rs. In Cr) 171.08 181.21 140.75 133.26
Debt Equity Ratio 0.40 0.44 0.38 0.38

Key Financial indicators (Consolidated)
June 2019 FY19
Borrowings (Rs. In Cr) 423.98 431.67
Debt Equity Ratio 0.66 0.71
EPS (Rs.) 3.03 2.33

Recent Recognitions for Zee Learn:
  • Zee Learn awarded Great Place to Work for the Financial Year Apr 2019 – Mar 2020
  • Kidzee wins the award for Leading brand of the Year – Preschools by WCRC, Apr 2018
  • MLZS wins the award for Leading brand of the Year – Schools by WCRC, Apr 2018
  • Zee Learn has been awarded Franchisor of the year 2018 by Franchise India, Oct 2018
  • MLSI Awarded Great Place to Study by Forbes Marquee Magazine, Oct 2018
  • MLZS Awarded Great Place to Study by Forbes Marquee Magazine, Oct 2018
  • Luminosity - Learning Management System Portal for MLZS wins award by IDC Insight Awards, Nov 2018
  • Innovative Practices For Academic Excellence by ELETS, Dec 2018
  • Innovation In Curriculum In Early Childhood Development by ELETS, Dec 2018
  • Most Admired Preschool Brand – by White Page International, Dec 2018
  • Wins the award for Great Companies to work for in Education Sector 2019 by World HRD Congress, Feb 2019
  • Zee Learn ranked 16 as Great Companies to work for in 2019 by World HRD Congress, Feb 2019
  • Kidzee wins the award for National Early Child Playschool Chain 2019 by Franchise India, Feb 2019.
  • MLZS wins the award for National K12 School Chain of the Year 2019 by Franchise India, Feb 2019.

About Zee Learn Limited

Zee Learn Limited is an Essel Group Company listed on National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and on Luxemburg Stock Exchange, and is India's leading company in education segment with the fastest growing chain of K-12 schools and Asia’s No 1 chain of pre-schools in its portfolio. The Company through its brand ‘Zee Institute of Media Arts’ (ZIMA), a TV and Film training institute, offers Certificate courses in Direction, Acting, Sound, Editing, Production and Cinematography. Another offering from the company, ‘Zee Institute of Creative Art’ (ZICA) is the nation's first full-fledged Classical and Digital Animation Training Academy that trains youth in classical 2D and modern 3D animation.


More Press Releases

Secure Your Credit Cards and Documents With Purse Care From Bajaj Finserv

Spurt in Internet Usage to Drive Digital Marketing in India

Ambuja Cement Joins Hands With Indian Cricket Team as Official Partner for the Tournament Against South Africa

REISSUE: The Truth Behind 6 Common Loan Against Property Myths

Wipro Positioned as a Leader in the IDC MarketScape for Utilities Customer Experience, Worldwide

Jefferies to Hold Global Relief Day in Support of Hurricane Relief in the Bahamas, Monday, September 16

FanFight Fantasy Sports to Take on the Gaming Industry by Storm

Pune Adorns Irresistible Lifestyle as BramhaCorp Launches THE COLLECTION

Secure Your Child’s Future With a Bajaj Finance Fixed Deposit

Vedanta Formally Launches Primary Foundry Alloy (PFA) at 59th SIAM Annual Convention 2019

Frost & Sullivan’s First Ever India Intelligent Mobility Summit Headlines Innovation, Growth Opportunities, and New Business Models

Manya Group, in Association With Admissionado (USA), Presents an Exclusive Opportunity to Meet Admissions Specialists From Top Global Universities

Visa Completes Acquisition of Verifi

KAL Launches Kalignite Hypervisor – a Game-Changer for ATM Hardware Upgrades

PMI Study Reveals Top Productivity-Boosting AI Technologies, According to Project Managers

PTC Vuforia Named “Best in Class” in Independent Analyst Report

FAA Approves AerTrak for Boeing 737 Classic Series Aircraft to Comply with Automatic Dependent Surveillance-Broadcast (ADS-B) Operations Mandate

PACS and Teleradiology Leader Medsynaptic Now Fully Integrated with Zebra Medical Vision’s All-In-One AI1 Bundle

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
NRC: Assam publishes list of included pe...
Delhi BJP chief urges Kejriwal to recons...
Haryana CM Khattar meets Amit Shah in De...
Hindu Sena demands renaming of Babar Roa...
Besieged Sharad Pawar to embark on poll ...
Muslims plan march in support of Ravidas...
More...    
 
 Top Stories
Considering mutual defence treaty w... 
Saudi-led coalition launches probe ... 
Catalan politician calls for improv... 
JDU criticises Rajasthan BJP chief ... 
What would've happened if Chinmayan... 
Toilet seat made of 18-carat gold s... 
Delhi: Over 8,000 traffic challan c... 
Maharashtra: 2 Naxals killed in pol...