CL Educate Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:43 am

Market Cap	642 Cr.
Current Price	119
High / Low	137/63.0
Stock P/E	60.6
Book Value	53.7
Dividend Yield	0.00 %
ROCE	7.62 %
ROE	5.10 %
Face Value	5.00
PEG Ratio	1.45

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
IEC Education Ltd	44.8 Cr.	29.4	29.4/1.69		19.7	0.00 %	1.88 %	2.00 %	10.0
Humming Bird Education Ltd	55.3 Cr.	90.2	120/36.0	98.8	4.46	0.00 %	5.80 %	2.11 %	1.00
Golden Crest Education & Services Ltd	273 Cr.	520	520/69.5	1,363	20.6	0.00 %	0.85 %	0.66 %	10.0
DSJ Keep Learning Ltd	81.6 Cr.	5.24	7.53/2.15	221	0.45	0.00 %	23.0 %	221 %	1.00
Ascensive Educare Ltd	50.5 Cr.	124	137/41.5	39.4	33.3	%	18.7 %	13.6 %
Industry Average	508.50 Cr	107.88		204.27	68.64	0.35%	11.51%	29.65%	5.57

All Competitor Stocks of

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	51.87	52.91	49.78	53.93	69.61	89.56	64.64	67.50	90.02	89.04	66.42	73.07	93.99
Expenses	45.68	45.69	46.84	50.16	62.21	81.60	58.80	63.42	81.16	82.67	61.87	69.95	84.64
Operating Profit	6.19	7.22	2.94	3.77	7.40	7.96	5.84	4.08	8.86	6.37	4.55	3.12	9.35
OPM %	11.93%	13.65%	5.91%	6.99%	10.63%	8.89%	9.03%	6.04%	9.84%	7.15%	6.85%	4.27%	9.95%
Other Income	0.72	0.83	3.62	3.52	13.39	1.65	-3.64	-5.16	2.23	5.01	4.17	3.80	1.76
Interest	1.29	1.06	0.76	0.42	0.48	0.64	0.23	0.26	0.52	0.54	0.67	0.73	0.72
Depreciation	2.14	2.13	2.18	1.62	2.23	2.31	3.06	3.56	3.35	3.40	3.52	3.56	4.14
Profit before tax	3.48	4.86	3.62	5.25	18.08	6.66	-1.09	-4.90	7.22	7.44	4.53	2.63	6.25
Tax %	20.40%	32.30%	6.91%	11.24%	34.40%	33.78%	-473.39%	-144.90%	24.10%	25.40%	36.20%	28.52%	33.12%
Net Profit	2.77	3.28	3.37	4.67	11.87	4.40	4.07	2.18	5.47	5.56	2.89	1.88	4.18
EPS in Rs	0.51	0.57	0.61	0.80	2.07	0.83	0.73	0.39	1.01	0.99	0.54	0.21	0.80

Last Updated: September 12, 2024, 11:20 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 12, 2024, 11:20 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	199	219	273	273	263	289	339	309	182	209	291	319	323
Expenses	188	194	238	243	239	278	312	314	193	189	266	296	299
Operating Profit	10	25	35	30	24	10	27	-5	-10	20	25	23	23
OPM %	5%	11%	13%	11%	9%	4%	8%	-2%	-6%	10%	9%	7%	7%
Other Income	24	10	11	13	13	15	16	-27	10	9	6	15	15
Interest	10	9	10	8	8	7	6	8	6	4	2	2	3
Depreciation	6	5	8	8	7	8	9	14	8	8	11	14	15
Profit before tax	19	20	29	27	22	10	27	-54	-15	17	19	22	21
Tax %	20%	21%	27%	21%	28%	45%	25%	-2%	-14%	20%	-20%	28%
Net Profit	15	16	21	21	16	6	20	-53	-13	14	23	16	15
EPS in Rs	3.88	4.08	4.56	4.49	2.84	1.01	3.52	-9.39	-2.20	2.46	4.09	2.79	2.54
Dividend Payout %	0%	0%	0%	0%	0%	0%	7%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	6.67%	31.25%	0.00%	-23.81%	-62.50%	233.33%	-365.00%	75.47%	207.69%	64.29%	-30.43%
Change in YoY Net Profit Growth (%)	0.00%	24.58%	-31.25%	-23.81%	-38.69%	295.83%	-598.33%	440.47%	132.22%	-143.41%	-94.72%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	4%
5 Years:	-1%
3 Years:	20%
TTM:	7%

Compounded Profit Growth
10 Years:	-1%
5 Years:	-5%
3 Years:	46%
TTM:	-63%

Stock Price CAGR
10 Years:	%
5 Years:	46%
3 Years:	30%
1 Year:	13%

Return on Equity
10 Years:	4%
5 Years:	2%
3 Years:	6%
Last Year:	5%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:30 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	9	9	12	12	14	14	14	14	14	14	28	27	27
Reserves	124	141	198	229	316	309	324	269	233	247	247	254	263
Borrowings	66	64	62	70	59	53	58	57	46	22	17	32	35
Other Liabilities	81	87	69	76	212	97	97	82	60	64	82	75	97
Total Liabilities	280	301	341	386	601	473	493	422	352	348	373	388	422
Fixed Assets	106	106	110	120	93	102	101	108	75	57	67	94	101
CWIP	1	1	1	1	1	2	2	3	4	4	5	2	0
Investments	2	2	2	2	0	51	82	51	52	54	8	1	1
Other Assets	172	192	228	264	508	319	309	260	221	233	293	291	321
Total Assets	280	301	341	386	601	473	493	422	352	348	373	388	422

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	20	5	129	-126	17	30	26	33	23	26
Cash from Investing Activity +	-124	-17	-127	65	-16	-3	-4	-1	9	-4
Cash from Financing Activity +	105	14	77	-13	-3	-25	-17	-35	-22	-6
Net Cash Flow	2	2	78	-74	-3	1	6	-2	10	16

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-56.00	-39.00	-27.00	-40.00	-35.00	-43.00	-31.00	-62.00	-56.00	-2.00	8.00	-9.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	98	108	116	158	148	145	140	110	105	87	87	74
Inventory Days
Days Payable
Cash Conversion Cycle	98	108	116	158	148	145	140	110	105	87	87	74
Working Capital Days	134	148	145	183	31	155	142	135	201	214	88	81
ROCE %	13%	13%	15%	11%	9%	4%	8%	-1%	-3%	6%	7%	8%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	50.83%	50.89%	50.94%	51.10%	52.50%	52.52%	52.53%	52.51%	52.51%	53.52%	53.52%	53.52%
FIIs	8.77%	8.79%	8.86%	8.80%	8.37%	8.28%	8.20%	8.19%	8.09%	8.28%	8.13%	8.12%
DIIs	1.78%	1.77%	1.77%	1.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	38.62%	38.55%	38.43%	38.33%	39.14%	39.20%	39.27%	39.28%	39.39%	38.19%	38.34%	38.34%
No. of Shareholders	19,476	19,563	19,659	21,716	21,312	24,232	23,044	22,740	22,039	21,743	22,245	21,324

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	10.00	10.00
Basic EPS (Rs.)	2.88	4.08	4.87	-8.46	-38.29
Diluted EPS (Rs.)	2.88	4.08	4.87	-8.46	-38.29
Cash EPS (Rs.)	5.69	6.19	7.85	-2.41	-27.46
Book Value[Excl.RevalReserv]/Share (Rs.)	51.52	49.89	92.33	192.18	200.21
Book Value[Incl.RevalReserv]/Share (Rs.)	51.52	49.89	92.33	192.18	200.21
Revenue From Operations / Share (Rs.)	58.93	52.90	73.23	130.24	217.91
PBDIT / Share (Rs.)	7.01	5.83	10.31	-0.54	6.14
PBIT / Share (Rs.)	4.45	3.80	7.46	-6.44	-3.75
PBT / Share (Rs.)	4.25	3.48	6.21	-10.41	-38.92
Net Profit / Share (Rs.)	3.13	4.16	5.00	-8.31	-37.35
NP After MI And SOA / Share (Rs.)	2.79	4.09	4.91	-8.24	-37.53
PBDIT Margin (%)	11.89	11.01	14.07	-0.41	2.81
PBIT Margin (%)	7.55	7.17	10.18	-4.94	-1.72
PBT Margin (%)	7.20	6.57	8.48	-7.99	-17.85
Net Profit Margin (%)	5.31	7.87	6.82	-6.37	-17.14
NP After MI And SOA Margin (%)	4.73	7.72	6.71	-6.32	-17.22
Return on Networth / Equity (%)	5.37	8.19	5.32	-4.29	-18.76
Return on Capital Employeed (%)	8.14	7.30	7.68	-3.18	-1.78
Return On Assets (%)	3.88	6.03	4.00	-3.09	-12.61
Long Term Debt / Equity (X)	0.00	0.00	0.01	0.02	0.01
Total Debt / Equity (X)	0.07	0.03	0.06	0.14	0.15
Asset Turnover Ratio (%)	0.83	0.77	0.54	0.25	0.36
Current Ratio (X)	2.63	2.40	3.30	2.43	1.98
Quick Ratio (X)	2.50	2.26	3.10	2.27	1.86
Inventory Turnover Ratio (X)	0.76	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	15.40	20.00	8.29	-0.13	1.05
Interest Coverage Ratio (Post Tax) (X)	7.34	15.40	5.02	-1.12	-0.51
Enterprise Value (Cr.)	375.44	217.46	349.37	139.30	73.04
EV / Net Operating Revenue (X)	1.18	0.74	1.68	0.75	0.23
EV / EBITDA (X)	9.91	6.78	11.97	-181.81	8.40
MarketCap / Net Operating Revenue (X)	1.44	0.92	1.70	0.70	0.14
Price / BV (X)	1.64	0.98	1.35	0.47	0.15
Price / Net Operating Revenue (X)	1.44	0.92	1.70	0.70	0.14
EarningsYield	0.03	0.08	0.03	-0.08	-1.20

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 169.28

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Undervalued by 42.25% compared to the current share price 119.00

Intrinsic Value of as of December 22, 2024 is: 240.10

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 101.76% compared to the current share price 119.00

Last 5 Year EPS CAGR: 41.83%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock is trading at a low valuation with an average P/B ratio of 1.10 and average Dividend Yield of 3.65%. The company has higher reserves (242.62 cr) compared to borrowings (49.31 cr), indicating strong financial stability. The company has shown consistent growth in sales (268.31 cr) and profit (12.62 cr) over the years.	The stock has a low average ROCE of 7.50%, which may not be favorable. The stock has a high average Working Capital Days of 138.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 114.67, which may not be favorable.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 5.31%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 8.14% (Industry Average ROCE: 11.51%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.37% (Industry Average ROE: 29.65%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 7.34
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.5
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 60.6 (Industry average Stock P/E: 204.27)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.07
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

CL Educate Ltd. is a Public Limited Listed company incorporated on 25/04/1996 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899HR1996PLC076897 and registration number is 078481. Currently Company is involved in the business activities of Educational support services. Company’s Total Operating Revenue is Rs. 195.53 Cr. and Equity Capital is Rs. 14.17 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Education - Coaching/Study Material/Others	A-45, First Floor, Mohan Co-operative Industrial Estate, New Delhi Delhi 110044	compliance@cleducate.com http://www.cleducate.com

Management
Name	Position Held
Mr. R Satya Narayanan	Chairman & Executive Director
Mr. Gautam Puri	Vice Chairman & Mng.Director
Mr. Nikhil Mahajan	Group CEO & Executive Director
Mr. Imran Jafar	Non Exe.Non Ind.Director
Ms. Madhumita Ganguli	Ind. Non-Executive Director
Prof. Piyush Sharma	Ind. Non-Executive Director
Mr. Girish Shivani	Ind. Non-Executive Director
Mr. Sanjay Tapriya	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of CL Educate Ltd?

The latest intrinsic value of CL Educate Ltd as on 21 December 2024 is ₹169.28, which is 42.25% higher than the current market price of ₹119.00. The stock has a market capitalization of 642 Cr. and recorded a high/low of 137/63.0 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹263 Cr and total liabilities of ₹422 Cr.

What is the Market Cap of CL Educate Ltd?

The Market Cap of CL Educate Ltd is 642 Cr..

What is the current Stock Price of CL Educate Ltd as on 21 December 2024?

The current stock price of CL Educate Ltd as on 21 December 2024 is 119.

What is the High / Low of CL Educate Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of CL Educate Ltd stocks is 137/63.0.

What is the Stock P/E of CL Educate Ltd?

The Stock P/E of CL Educate Ltd is 60.6.

What is the Book Value of CL Educate Ltd?

The Book Value of CL Educate Ltd is 53.7.

What is the Dividend Yield of CL Educate Ltd?

The Dividend Yield of CL Educate Ltd is 0.00 %.

What is the ROCE of CL Educate Ltd?

The ROCE of CL Educate Ltd is 7.62 %.

What is the ROE of CL Educate Ltd?

The ROE of CL Educate Ltd is 5.10 %.

What is the Face Value of CL Educate Ltd?

The Face Value of CL Educate Ltd is 5.00.