New Risk • May 15
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹2.17b market cap, or US$22.7m). Reported Earnings • May 15
Full year 2026 earnings released: ₹3.97 loss per share (vs ₹0.35 loss in FY 2025) Full year 2026 results: ₹3.97 loss per share (further deteriorated from ₹0.35 loss in FY 2025). Revenue: ₹5.70b (up 59% from FY 2025). Net loss: ₹213.5m (loss widened ₹194.4m from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹3.19b market cap, or US$35.2m). Announcement • Feb 06
SK Brands Private Limited and Sameer Puri agreed to acquire 20% stake in Kestone Utsav Private Limited from CL Educate Limited (NSEI:CLEDUCATE) for INR 0.50 million. SK Brands Private Limited and Sameer Puri agreed to acquire 20% stake in Kestone Utsav Private Limited from CL Educate Limited (NSEI:CLEDUCATE) for INR 0.50 million on February 5, 2026. As part of the acquisition, SK Brands Private Limited is acquiring 15% stake of Kestone Utsav Private Limited for INR 0.375 million and Sameer Puri is acquiring 5% stake of Kestone Utsav Private Limited for INR 0.125 million. Following the acquisition, Sanjeev Kapoor is set to hold a Board Position on Kestone Utsav Private Limited.
For the period ending March 31, 2025, Kestone Utsav Private Limited reported total revenue of INR 0. As of March 31, 2025, Kestone Utsav Private Limited reported net liabilities of INR 2.66 million.
The transaction has been approved by the board of directors of CL Educate Limited. The transaction is subject to receipt of necessary approvals and expected to close on or before March 31, 2026. Reported Earnings • Feb 06
Third quarter 2026 earnings released: ₹3.13 loss per share (vs ₹0.58 loss in 3Q 2025) Third quarter 2026 results: ₹3.13 loss per share (further deteriorated from ₹0.58 loss in 3Q 2025). Revenue: ₹1.26b (up 78% from 3Q 2025). Net loss: ₹167.0m (loss widened ₹140.6m from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: ₹1.30 (vs ₹0.63 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.30 (up from ₹0.63 in 2Q 2025). Revenue: ₹1.69b (up 72% from 2Q 2025). Net income: ₹69.5m (up 99% from 2Q 2025). Profit margin: 4.1% (up from 3.5% in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Oct 02
CL Educate Limited Approves Appointment of Yatrik Vin as Non-Executive Independent Director CL Educate Limited at the AGM held on September 30, 2025 approved appointment of Mr. Yatrik Vin as Non-Executive Independent Director for 5 (Five) years, and Remuneration payable to him. Announcement • Sep 07
CL Educate Limited to Report Q2, 2026 Results on Nov 14, 2025 CL Educate Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Aug 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹5.37b market cap, or US$61.2m). Reported Earnings • Aug 08
First quarter 2026 earnings released: ₹0.51 loss per share (vs ₹0.77 profit in 1Q 2025) First quarter 2026 results: ₹0.51 loss per share (down from ₹0.77 profit in 1Q 2025). Revenue: ₹1.50b (up 59% from 1Q 2025). Net loss: ₹28.6m (down 171% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Aug 02
CL Educate Limited to Report Q1, 2026 Results on Aug 07, 2025 CL Educate Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 16
Full year 2025 earnings released: ₹0.36 loss per share (vs ₹2.76 profit in FY 2024) Full year 2025 results: ₹0.36 loss per share (down from ₹2.76 profit in FY 2024). Revenue: ₹3.68b (up 16% from FY 2024). Net loss: ₹19.1m (down 113% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • May 10
CL Educate Limited to Report Q4, 2025 Results on May 14, 2025 CL Educate Limited announced that they will report Q4, 2025 results on May 14, 2025 Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹93.75, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 40x in the Consumer Services industry in India. Total returns to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹84.48, the stock trades at a trailing P/E ratio of 72x. Average trailing P/E is 39x in the Consumer Services industry in India. Total returns to shareholders of 35% over the past three years. Recent Insider Transactions • Mar 07
Founder & Chairman recently bought ₹353k worth of stock On the 3rd of March, Satya Ramakrishnan bought around 5k shares on-market at roughly ₹70.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Satya's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹75.22, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 40x in the Consumer Services industry in India. Total returns to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹90.99, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 39x in the Consumer Services industry in India. Total returns to shareholders of 45% over the past three years. New Risk • Feb 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (₹6.03b market cap, or US$69.4m). Reported Earnings • Feb 05
Third quarter 2025 earnings released: ₹0.58 loss per share (vs ₹0.53 profit in 3Q 2024) Third quarter 2025 results: ₹0.58 loss per share (down from ₹0.53 profit in 3Q 2024). Revenue: ₹723.9m (up 9.0% from 3Q 2024). Net loss: ₹26.4m (down 191% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Announcement • Jan 30
Threesixtyone Degree Minds Consulting Pvt. Ltd. completed the acquisition of 73.5% stake in ICE Gate Educational Institute Private Limited from CL Educate Limited (NSEI:CLEDUCATE). Threesixtyone Degree Minds Consulting Pvt. Ltd. agreed to acquire 73.5% stake in ICE Gate Educational Institute Private Limited from CL Educate Limited (NSEI:CLEDUCATE) for INR 63.6 million on March 30, 2024. As of March 31, 2023, ICE Gate Educational Institute Private Limited reported net worth of INR -1.6 million and turnover of INR 12.3 million. The deal is subject to approval from shareholders of Threesixtyone Degree Minds Consulting Pvt. Ltd. The deal is expected to be completed on or before May 15, 2024.
Threesixtyone Degree Minds Consulting Pvt. Ltd. completed the acquisition of 73.5% stake in ICE Gate Educational Institute Private Limited from CL Educate Limited (NSEI:CLEDUCATE) on January 29, 2025. Announcement • Jan 29
CL Educate Limited to Report Q3, 2025 Results on Feb 04, 2025 CL Educate Limited announced that they will report Q3, 2025 results on Feb 04, 2025 Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹117, the stock trades at a trailing P/E ratio of 53.3x. Average trailing P/E is 50x in the Consumer Services industry in India. Total returns to shareholders of 102% over the past three years. Announcement • Dec 26
CL Educate Limited Announces Management Appointments CL Educate Limited announced that Mr. Alok Mehta has been appointed as the President-CHEX (Centre of Higher Education Transformation) & Placements & Group CHRO(Chief Human Resource Officer), a Senior Managerial Personnel of the Company with effect from December 09, 2024. The company also announced that Mr. Amit Jain has been appointed as the Chief Business Officer of Kestone Utsav Private Limited, a Wholly Owned Subsidiary of the Company with effect from December 23, 2024. A Postgraduate in Personnel Management & Industrial Relations from the Tata Institute of Social Sciences (TISS), Mumbai, Alok has over 3 decades of professional experience across Indian & Multinational Companies in Country, Regional & Global leadership roles. Besides CHRO roles, Alok has led specialist functions of Talent & Leadership Development, Total Rewards and Talent Acquisition. He has been an entrepreneur and founded a boutique consulting firm (Alouqik Consulting) with focus on Organization Development & Leadership Coaching. He is a keen student of Behavioural Sciences and a fellow of Sumedhas Academy for Human Context. He has been a visiting faculty at FLAME University, Pune and NMIMS, Mumbai. A certified coach, Alok is passionate about helping people identify and live their potential. Leadership roles previously held by Mr. Alok: Hexagon AB: Executive Director -- Global HR INTAS Pharmaceuticals: Executive Vice President -- Global HR Metro Cash & Carry: Director & Member of the Board AstraZeneca Pharma: Vice President - Human Resources Deutsche Bank Group: Director Human Resources. Motorola: Head Human Resources. Brief Profile of Mr. Amit Jain: An alumni from INSEAD (France), Mr. Amit Jain is an Operating leader & Executive Member of the Executive Committee of India) with over 17 years of experience in strategy consulting and building & scaling start-ups. He has been instrumental in building 2 start-ups, one from its inception to $200 million per year and the other one from $80 million to $300 million per year in B2B2C space. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹0.63 (vs ₹1.01 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.63 (down from ₹1.01 in 2Q 2024). Revenue: ₹1.01b (up 13% from 2Q 2024). Net income: ₹35.0m (down 36% from 2Q 2024). Profit margin: 3.5% (down from 6.2% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year. Announcement • Nov 08
CL Educate Limited to Report Q2, 2025 Results on Nov 12, 2024 CL Educate Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Recent Insider Transactions • Sep 25
Insider recently sold ₹8.4m worth of stock On the 19th of September, Sujit Bhattacharyya sold around 72k shares on-market at roughly ₹116 per share. This transaction amounted to 9.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹21m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹124, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 47x in the Consumer Services industry in India. Total returns to shareholders of 247% over the past three years. Recent Insider Transactions • Sep 09
Chief Digital Officer recently sold ₹2.1m worth of stock On the 6th of September, Sujit Bhattacharyya sold around 20k shares on-market at roughly ₹104 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹94.60, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 42x in the Consumer Services industry in India. Total returns to shareholders of 191% over the past three years. Announcement • Aug 26
CL Educate Limited, Annual General Meeting, Sep 17, 2024 CL Educate Limited, Annual General Meeting, Sep 17, 2024, at 11:00 Indian Standard Time. Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: ₹0.77 (vs ₹0.99 in 1Q 2024) First quarter 2025 results: EPS: ₹0.77 (down from ₹0.99 in 1Q 2024). Revenue: ₹957.5m (up 6.4% from 1Q 2024). Net income: ₹40.5m (down 25% from 1Q 2024). Profit margin: 4.2% (down from 6.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Announcement • Aug 02
CL Educate Limited to Report Q1, 2025 Results on Aug 07, 2024 CL Educate Limited announced that they will report Q1, 2025 results on Aug 07, 2024 Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹98.22, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 41x in the Consumer Services industry in India. Total returns to shareholders of 188% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹85.78, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 40x in the Consumer Services industry in India. Total returns to shareholders of 199% over the past three years. Reported Earnings • May 10
Full year 2024 earnings released: EPS: ₹2.89 (vs ₹4.07 in FY 2023) Full year 2024 results: EPS: ₹2.89 (down from ₹4.07 in FY 2023). Revenue: ₹3.32b (up 14% from FY 2023). Net income: ₹150.9m (down 33% from FY 2023). Profit margin: 4.5% (down from 7.7% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Announcement • Apr 01
Threesixtyone Degree Minds Consulting Pvt. Ltd. agreed to acquire 73.5% stake in ICE Gate Educational Institute Private Limited from CL Educate Limited (NSEI:CLEDUCATE) for INR 63.6 million. Threesixtyone Degree Minds Consulting Pvt. Ltd. agreed to acquire 73.5% stake in ICE Gate Educational Institute Private Limited from CL Educate Limited (NSEI:CLEDUCATE) for INR 63.6 million on March 30, 2024. As of March 31, 2023, ICE Gate Educational Institute Private Limited reported net worth of INR -1.6 million and turnover of INR 12.3 million. The deal is subject to approval from shareholders of Threesixtyone Degree Minds Consulting Pvt. Ltd. The deal is expected to be completed on or before May 15, 2024. Reported Earnings • Feb 03
Third quarter 2024 earnings released Third quarter 2024 results: EPS: ₹0.53. Revenue: ₹686.2m (up 8.7% from 3Q 2023). Net income: ₹29.0m (down 28% from 3Q 2023). Profit margin: 4.2% (down from 6.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Announcement • Jan 26
CL Educate Limited to Report Q3, 2024 Results on Feb 02, 2024 CL Educate Limited announced that they will report Q3, 2024 results on Feb 02, 2024 Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹103, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 36x in the Consumer Services industry in India. Total returns to shareholders of 546% over the past three years. Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: ₹1.01 (vs ₹0.81 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.01 (up from ₹0.81 in 2Q 2023). Revenue: ₹940.5m (up 5.5% from 2Q 2023). Net income: ₹54.8m (up 20% from 2Q 2023). Profit margin: 5.8% (up from 5.1% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth. Announcement • Nov 04
CL Educate Limited Appoints Manish Gupta, as Executive Vice President (Technology) CL Educate Limited announced that at its Board of Directors meeting held on November 03, 2023, based on the recommendation of the Nomination, Remuneration and Compensation Committee, ratified/approved the appointment of and remuneration payable to a Senior Management Personnel- Mr. Manish Gupta, as Executive Vice President (Technology) of the Company. Mr. Manish Gupta has joined CL on October 16, 2023, as Executive Vice President (Technology). Manish is a B. Tech from IIT Kanpur (1995 batch) comes with over 27 years of experience. Prior to joining CL Manish had his own startup for more than 10 years in Technology and Digital Marketing domain. Manish led a large engineering team in his startup Company, Uniscape Infocomm, which went on to be acquired by Intelligentia. Prior to that Manish has worked in Cognizant and Price Waterhouse in significant technology leadership positions. CL and the tech team in CL will gain immensely from Manish as he adds strength to the technology leadership team and brings in new ideas and working methodologies. Announcement • Oct 28
CL Educate Limited to Report Q2, 2024 Results on Nov 03, 2023 CL Educate Limited announced that they will report Q2, 2024 results on Nov 03, 2023 Board Change • Aug 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Piyush Sharma was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 07
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₹4.15b market cap, or US$50.2m). New Risk • Aug 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.2% net profit margin). Market cap is less than US$100m (₹4.09b market cap, or US$49.5m). Announcement • Aug 03
CL Educate Limited (NSEI:CLEDUCATE) announces an Equity Buyback for INR 150 million worth of its shares. CL Educate Limited (NSEI:CLEDUCATE) announces a share repurchase program. Under the program, the company will repurchase up to INR 150 million worth of its shares. The offer price is INR 94 per share. The company has fixed August 14, 2023, as the record date for the purpose of the said Buyback. As of August 2, 2023, the company had 5,50,98,536 shares in issue and outstanding. Announcement • Jul 28
CL Educate Limited to Report Q1, 2024 Results on Aug 02, 2023 CL Educate Limited announced that they will report Q1, 2024 results on Aug 02, 2023 Reported Earnings • Jul 15
Full year 2023 earnings released: EPS: ₹4.07 (vs ₹2.49 in FY 2022) Full year 2023 results: EPS: ₹4.07 (up from ₹2.49 in FY 2022). Revenue: ₹2.91b (up 39% from FY 2022). Net income: ₹225.2m (up 62% from FY 2022). Profit margin: 7.7% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 93% per year, which means it is significantly lagging earnings growth. Announcement • Jul 07
CL Educate Limited, Annual General Meeting, Aug 03, 2023 CL Educate Limited, Annual General Meeting, Aug 03, 2023, at 11:00 Indian Standard Time. Reported Earnings • May 12
Full year 2023 earnings released: EPS: ₹4.08 (vs ₹2.46 in FY 2022) Full year 2023 results: EPS: ₹4.08 (up from ₹2.46 in FY 2022). Revenue: ₹2.98b (up 44% from FY 2022). Net income: ₹225.2m (up 62% from FY 2022). Profit margin: 7.6% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 89% per year, which means it is significantly lagging earnings growth. Announcement • May 06
CL Educate Limited to Report Q4, 2023 Results on May 10, 2023 CL Educate Limited announced that they will report Q4, 2023 results on May 10, 2023 Recent Insider Transactions • Mar 26
Founder & Chairman recently bought ₹105k worth of stock On the 24th of March, Satya Ramakrishnan bought around 2k shares on-market at roughly ₹52.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Satya has been a buyer over the last 12 months, purchasing a net total of ₹2.5m worth in shares. Recent Insider Transactions • Feb 05
Founder & Chairman recently bought ₹76k worth of stock On the 2nd of February, Satya Ramakrishnan bought around 1k shares on-market at roughly ₹59.64 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Satya has been a buyer over the last 12 months, purchasing a net total of ₹2.7m worth in shares. Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: ₹0.74 (vs ₹0.55 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.74 (up from ₹0.55 in 3Q 2022). Revenue: ₹652.8m (up 30% from 3Q 2022). Net income: ₹40.1m (up 26% from 3Q 2022). Profit margin: 6.1% (down from 6.3% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Piyush Sharma was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 04
Second quarter 2023 earnings released: EPS: ₹1.63 (vs ₹1.16 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.63 (up from ₹1.16 in 2Q 2022). Revenue: ₹907.7m (up 71% from 2Q 2022). Net income: ₹45.7m (up 39% from 2Q 2022). Profit margin: 5.0% (down from 6.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 57% per year whereas the company’s share price has increased by 56% per year. Board Change • Nov 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Piyush Sharma was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 16% share price gain to ₹158, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 34x in the Consumer Services industry in India. Total returns to shareholders of 330% over the past three years. Recent Insider Transactions • Sep 30
Founder & Chairman recently bought ₹118k worth of stock On the 28th of September, Satya Ramakrishnan bought around 812 shares on-market at roughly ₹145 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹261k. Satya has been a buyer over the last 12 months, purchasing a net total of ₹3.6m worth in shares. Buying Opportunity • Sep 26
Now 22% undervalued Over the last 90 days, the stock is up 28%. The fair value is estimated to be ₹203, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 15% share price gain to ₹178, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 35x in the Consumer Services industry in India. Total returns to shareholders of 325% over the past three years. Announcement • Aug 24
CL Educate Limited to Report Q3, 2022 Results on Feb 14, 2023 CL Educate Limited announced that they will report Q3, 2022 results on Feb 14, 2023 Buying Opportunity • Aug 23
Now 20% undervalued Over the last 90 days, the stock is up 28%. The fair value is estimated to be ₹191, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable. Recent Insider Transactions • Aug 20
Founder & Chairman recently bought ₹152k worth of stock On the 17th of August, Satya Ramakrishnan bought around 1k shares on-market at roughly ₹143 per share. In the last 3 months, they made an even bigger purchase worth ₹260k. Satya has been a buyer over the last 12 months, purchasing a net total of ₹3.5m worth in shares. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 19% share price gain to ₹161, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 32x in the Consumer Services industry in India. Total returns to shareholders of 294% over the past three years. Recent Insider Transactions • Aug 14
Founder & Chairman recently bought ₹260k worth of stock On the 8th of August, Satya Ramakrishnan bought around 2k shares on-market at roughly ₹130 per share. This was the largest purchase by an insider in the last 3 months. Satya has been a buyer over the last 12 months, purchasing a net total of ₹3.4m worth in shares. Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: ₹4.19 (vs ₹0.98 in 1Q 2022) First quarter 2023 results: EPS: ₹4.19 (up from ₹0.98 in 1Q 2022). Revenue: ₹708.3m (up 37% from 1Q 2022). Net income: ₹117.6m (up 305% from 1Q 2022). Profit margin: 17% (up from 5.6% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 24
Full year 2022 earnings released: EPS: ₹4.87 (vs ₹4.18 loss in FY 2021) Full year 2022 results: EPS: ₹4.87 (up from ₹4.18 loss in FY 2021). Revenue: ₹2.07b (up 12% from FY 2021). Net income: ₹139.3m (up ₹257.7m from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Recent Insider Transactions • Feb 27
Insider recently bought ₹430k worth of stock On the 24th of February, Sapna Puri bought around 4k shares on-market at roughly ₹108 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹5.7m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.09 (up from ₹0.14 loss in 3Q 2021). Revenue: ₹501.6m (up 9.3% from 3Q 2021). Net income: ₹31.8m (up ₹36.0m from 3Q 2021). Profit margin: 6.3% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Recent Insider Transactions • Dec 09
Founder & Chairman recently bought ₹234k worth of stock On the 7th of December, Satya Ramakrishnan bought around 2k shares on-market at roughly ₹117 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹750k. Satya has been a buyer over the last 12 months, purchasing a net total of ₹3.2m worth in shares. Recent Insider Transactions • Dec 01
Vice Chairman & MD recently bought ₹750k worth of stock On the 26th of November, Gautam Puri bought around 6k shares on-market at roughly ₹125 per share. This was the largest purchase by an insider in the last 3 months. Gautam has been a buyer over the last 12 months, purchasing a net total of ₹2.3m worth in shares. Recent Insider Transactions • Nov 14
Founder & Chairman recently bought ₹101k worth of stock On the 12th of November, Satya Ramakrishnan bought around 1k shares on-market at roughly ₹101 per share. In the last 3 months, they made an even bigger purchase worth ₹721k. Satya has been a buyer over the last 12 months, purchasing a net total of ₹2.9m worth in shares. Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹2.32 (vs ₹0.40 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹540.4m (up 18% from 2Q 2021). Net income: ₹33.0m (up ₹43.7m from 2Q 2021). Profit margin: 6.1% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Sep 28
Founder & Chairman recently bought ₹208k worth of stock On the 24th of September, Satya Ramakrishnan bought around 2k shares on-market at roughly ₹139 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹1.2m. Satya has been a buyer over the last 12 months, purchasing a net total of ₹3.2m worth in shares.