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Zee Learn

₹5.9 -0.1 | 2%

Market Cap ₹193 Cr.

Stock P/E -0.7

P/B -6566.7

Current Price ₹5.9

Book Value ₹ -0

Face Value 1

52W High ₹9.8

Dividend Yield 0%

52W Low ₹ 2.7

Zee Learn Research see more...

Overview Inc. Year: 2010Industry: Educational Institutions

Zee Learn Ltd is a holding agency. The Company operates as an education organization, which offers education support offerings. Its segments consist of Educational, which provides mastering solutions and delivers training, and Construction and Leasing, which includes building and leasing of properties for commercial use. It is engaged inside the operation of a series of K-12 schools and pre-faculties. It acts as a consultant to local marketers wishing to setup K-12 schools, underneath its brand call, Mount Litera Zee Schools, and presents education management and advisory services. Mount Litera Zee School is a series of faculties with over 103 schools in about 98 cities. It also runs a chain of pre-colleges, Kidzee, with over 1,500 pre-schools in about 550 cities. Its offerings also encompass Zee Institute of Media Arts, that is a tv and film training institute, and Zee Institute of Creative Art, that's a classical and virtual animation schooling academy.

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Zee Learn Share Price

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Zee Learn Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 54 52 78 86 72 55 111 106 66 68
Other Income 6 5 14 5 3 4 8 11 9 -5
Total Income 60 57 92 91 76 58 119 116 76 63
Total Expenditure 40 43 71 68 55 45 131 86 63 45
Operating Profit 20 13 21 23 20 14 -12 30 13 18
Interest 11 10 12 11 11 11 11 12 9 11
Depreciation 10 10 6 8 8 8 8 7 7 6
Exceptional Income / Expenses 0 0 0 0 0 -157 -265 0 -15 0
Profit Before Tax -1 -7 2 5 2 -163 -296 11 -17 0
Provision for Tax 0 2 7 5 2 1 1 5 1 2
Profit After Tax -1 -9 -5 -0 -0 -163 -298 7 -18 -2
Adjustments 1 4 5 1 2 2 13 2 2 3
Profit After Adjustments 0 -5 0 0 2 -161 -285 8 -16 1
Adjusted Earnings Per Share 0 -0.2 0 0 0.1 -4.9 -8.7 0.3 -0.5 0

Zee Learn Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 101 121 128 152 180 269 517 515 257 248 324 351
Other Income 1 3 4 9 4 4 32 42 56 34 20 23
Total Income 101 124 132 161 184 273 549 556 313 282 344 374
Total Expenditure 109 109 97 116 121 167 360 346 214 200 299 325
Operating Profit -7 15 34 45 63 106 190 210 99 82 46 49
Interest 6 10 15 20 21 19 47 59 51 44 44 43
Depreciation 7 7 9 10 10 11 28 64 50 37 32 28
Exceptional Income / Expenses 0 0 0 0 0 0 0 -31 0 0 -422 -280
Profit Before Tax -20 -2 10 15 32 76 115 56 -2 1 -452 -302
Provision for Tax 1 0 0 0 -1 26 31 31 19 14 10 9
Profit After Tax -21 -2 10 15 34 49 83 25 -21 -13 -462 -311
Adjustments 0 0 0 0 0 0 -7 19 12 10 18 20
Profit After Adjustments -21 -2 10 15 34 49 76 44 -9 -3 -443 -292
Adjusted Earnings Per Share -0.8 -0.1 0.3 0.5 1 1.5 2.3 1.3 -0.3 -0.1 -13.6 -8.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 31% -14% 4% 12%
Operating Profit CAGR -44% -40% -15% 0%
PAT CAGR 0% NAN% NAN% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 70% -19% -25% -13%
ROE Average -196% -68% -35% -14%
ROCE Average -63% -17% -3% 2%

Zee Learn Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 119 223 234 250 293 353 431 471 464 463 19
Minority's Interest 0 0 0 0 0 0 181 162 150 140 122
Borrowings 240 282 296 346 227 229 335 274 251 229 248
Other Non-Current Liabilities 9 2 2 9 110 249 143 181 150 129 122
Total Current Liabilities 160 102 151 100 106 101 296 348 378 410 430
Total Liabilities 529 610 683 705 736 932 1387 1436 1393 1369 941
Fixed Assets 29 39 94 114 129 179 712 774 475 438 102
Other Non-Current Assets 461 504 521 509 511 674 462 502 716 734 678
Total Current Assets 39 67 67 82 96 80 213 159 202 197 160
Total Assets 529 610 683 705 736 932 1387 1436 1393 1369 941

Zee Learn Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 16 13 23 12 9 15 22 21 8 6 26
Cash Flow from Operating Activities -5 55 33 47 189 249 21 122 12 63 42
Cash Flow from Investing Activities -168 -114 -83 -42 -9 -227 -49 15 14 -6 -12
Cash Flow from Financing Activities 172 64 43 -5 -173 -15 27 -150 -29 -37 -30
Net Cash Inflow / Outflow -1 4 -7 -0 6 7 -1 -13 -2 20 0
Closing Cash & Cash Equivalent 15 17 16 12 15 22 21 8 6 26 26

Zee Learn Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -0.81 -0.06 0.31 0.47 1.04 1.51 2.33 1.34 -0.27 -0.08 -13.6
CEPS(Rs) -0.56 0.17 0.6 0.79 1.34 1.85 3.41 2.74 0.88 0.72 -13.17
DPS(Rs) 0 0 0 0 0.1 0.1 0.1 0 0 0 0
Book NAV/Share(Rs) 4.54 6.99 7.31 7.8 8.89 10.68 13.06 14.29 14.05 14 0.42
Core EBITDA Margin(%) -7.77 10.02 23.95 23.76 32.76 37.97 30.49 32.71 16.76 19.12 7.79
EBIT Margin(%) -13.72 6.44 19.64 23.13 29.43 35.21 31.29 22.28 19.24 18.19 -125.97
Pre Tax Margin(%) -19.84 -1.6 7.74 9.95 17.96 28.1 22.14 10.81 -0.79 0.34 -139.41
PAT Margin (%) -21.24 -1.6 7.74 9.95 18.57 18.33 16.12 4.88 -8.23 -5.31 -142.39
Cash Profit Margin (%) -14.67 4.47 15.06 16.67 24 22.47 21.51 17.33 11.2 9.49 -132.49
ROA(%) -4.87 -0.34 1.53 2.17 4.65 5.91 7.19 1.78 -1.5 -0.95 -39.96
ROE(%) -16.5 -1.13 4.33 6.23 12.48 15.52 21.54 5.63 -4.58 -2.88 -196.35
ROCE(%) -3.56 1.56 4.4 5.64 8.99 16.38 21.96 13.47 5.85 5.26 -62.72
Receivable days 26.95 35.31 41.37 55.22 80.48 44.06 23.85 42.27 112.19 143.09 72.83
Inventory Days 34.63 44.59 66.63 46.17 24.87 15.61 7.93 10.93 20.13 11.47 17.52
Payable days 145.32 154.15 136.48 115.73 122.91 93.29 257.2 691.28 1837.32 1447.55 462.69
PER(x) 0 0 117.08 65.04 46.4 23.21 11.89 9.11 0 0 0
Price/Book(x) 4.81 3.51 4.95 3.92 5.42 3.29 2.13 0.85 0.74 0.89 7.81
Dividend Yield(%) 0 0 0 0 0.21 0.28 0.36 0 0 0 0
EV/Net Sales(x) 9 8.89 11.85 8.95 9.92 5.12 2.53 1.46 2.77 3.12 1.52
EV/Core EBITDA(x) -125.89 71.14 43.98 29.97 28.46 13.02 6.9 3.58 7.16 9.46 10.83
Net Sales Growth(%) 65.26 20.34 5.33 18.61 19.08 48.95 92.4 -0.47 -50.06 -3.59 30.78
EBIT Growth(%) 42.78 156.45 221.36 39.69 51.53 78.19 70.95 -29.13 -56.86 -8.87 -1005.78
PAT Growth(%) 22.46 90.95 610.46 52.45 122.19 47.04 69.19 -69.88 -184.22 37.79 -3407.94
EPS Growth(%) 22.54 92.54 609.39 52.17 120.77 45.58 54.34 -42.59 -120.12 69.03 0
Debt/Equity(x) 2.91 1.4 1.59 1.55 0.88 0.74 1.01 0.79 0.84 0.88 30.83
Current Ratio(x) 0.24 0.65 0.45 0.83 0.9 0.79 0.72 0.46 0.54 0.48 0.37
Quick Ratio(x) 0.18 0.47 0.26 0.72 0.83 0.7 0.67 0.41 0.51 0.47 0.31
Interest Cover(x) -2.24 0.8 1.65 1.76 2.56 4.95 3.42 1.94 0.96 1.02 -9.38
Total Debt/Mcap(x) 0.6 0.4 0.32 0.39 0.16 0.22 0.48 0.93 1.14 0.98 3.95

Zee Learn Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 18.62 18.62 15.05 15.05 15.05 15.05 15.05 15.05 15.05 15.05
FII 18.74 15.15 12.32 12.32 12.32 11.41 11.41 10.59 5.99 5.99
DII 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Public 62.63 66.21 72.62 72.62 72.62 73.53 73.53 74.34 78.94 78.94
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -6566.7 times its book value
  • Debtor days have improved from 1447.55 to 462.69days.

Cons

  • Promoter holding is low: 15.05%.
  • Company has a low return on equity of -68% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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