Navneet Education Limited · NSE:NAVNETEDUL
Navneet Education — Q3 FY2021 Earnings Presentation
19 slides from Navneet Education's earnings presentation, Dec 31, 2020
Slide 1: A Premium Education House
A Premium Education Investor Presentation House As On Dec 31, 2020
Slide 2: Table Of Contents
1 Company Overview 03 2 Ed-Tech Digital Initiatives 05 3 Financial Performance 07 Table Of Contents
Slide 3: Company Overview
COMPANY OVERVIEW
Slide 4: About Navneet
ABOUT NAVNEET Navneet Education Limited, founded by the Gala Family, is an educational syllabus-based supplementary content provider in Print & Digital medium and a manufacturer of Scholastic Paper stationery for domestic and international markets. New range of text books for students of CBSE and IC
Slide 5: Ed-Tech Digital Initiatives
Ed-Tech Digital Initiatives
Slide 6: Ed-Tech Digital Initiatives
Ed-Tech Digital Initiatives Repurpose Platforms Repurposing present digital Dissemination of newly content at eSense and creation of fresh content designed digital for All India markets. content through other Investment between 25 – platforms & Partnership 40 cr. In 2 years Investments Digital Books
Slide 7: Financial Performance Q3FY21
FINANCIAL PERFORMANCE Q3FY21
Slide 8: Present Situation
Present Situation For the first time in the history for Navneet; that Schools did not open till November and there after only few grades started slowly in December and that impacted sales of Print Publishing (NEL and Indiannica), Digital product (eSense) and Domestic stationery. More than 80% at
Slide 9: Segmental Review – Q3 of FY'21
SEGMENTAL REVIEW– Q3 of FY’21 (INR in Lacs) Total Revenue 2,818 EBITDA PBT 1,865 19,882 -33% -101% -155% 13,242 Q3FY-20 Q3FY-21 -38 -1,020 Q3FY-20 Q3FY-21 Q3FY-20 Q3FY-21 Publications Stationery - Domestic Stationery - Exports 70% 33% Segmental Revenue 3% Q3 FY21 2,531 1,991 8,176 Q3 FY20 8,304 2,96
Slide 10: Segmental Review – YTD of FY'21
SEGMENTAL REVIEW – YTD of FY’21 (INR in Lacs) 1,25,705 Total Revenue 27,272 30,785 EBITDA PBT -50% -70% -78% 62,378 9,316 1,965 6,120 YTD Dec 19 YTD Dec 20 YTD Dec 19 YTD Dec 20 YTD Dec 19 YTD Dec 20 Publications Stationery - Domestic Stationery - Exports 68% 53% 23% Segmental Revenue YTD Dec FY21 2
Slide 11: Standalone Financial Results – Q3 of FY'21
STANDALONE FINANCIAL RESULTS – Q3 of FY’21 (INR in Lacs) Qtr. Ended Dec 20 YTD Ended Dec 20 Particulars Q3 FY 21 % of Rev Q3 FY 20 % of Rev YTD % of Rev YTD % of Rev FY 21 FY 20 Income from Operations 12,739 19,282 61,220 1,23,458 Other Income 503 600 1,158 2,247 Total Revenue 13,242 19,882 62,378 1
Slide 12: Receivables & Inventory Days
RECEIVABLES & INVENTORY DAYS 154 135 134 138 128 119 120 111 114 95 75 75 66 53 45 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Receivable Days FG Inventory Days RM Inventory Days Earnings Présentation 12
Slide 13: Consolidated Financial Results
Consolidated Financial Results (INR in Lacs) Revenue from Ops Summary of EBITDA Summary of PAT YTD of FY'21 YTD of FY'20 YTD of FY'21 YTD of FY'20 YTD of FY'21 YTD of FY'20 NEL 61,220 1,23,458 9,316 30,785 4,533 20,318 eSense 613 1,515 (658) (170) (1,061) (553) Indiannica 325 1,343 (2,633) (2,338) (
Slide 14: Outlook on Business Segments
OUTLOOK ON BUSINESS SEGMENTS Publications eSense (E-Learning) Stationery & Exports Publication Business will be normal On Digital front, Navneet group has On stationery front, we have started going forward and with the introduction started focussing more aggressively. receiving inquiries from many n
Slide 15: Standalone Financials (Last 5 Years)
STANDALONE FINANCIALS (LAST 5 YEARS) (INR in Lakh) Total Revenue & Growth (%) EBITDA & Adjusted Margins (%) CAGR : 11.4 % CAGR : 11.2 % 18.8% 25.0% 16.8% 1,37,993 6.3% 24.2% 25.0% 22.6% 23.3% 1,7 0,000 30. 0% 40, 000 26. 0% 4.3% 1,46,719 20. 0% 34,351 -1.1% 30,703 24. 0% 1,5 0,000 35, 000 10. 0% 1,1
Slide 16: Profitability & Ownership Performance
PROFITABILITY & OWNERSHIP PERFORMANCE (I in Lakh) ROCE % Price to Earnings 31.00% 30.0 140000 33.60% 32.40% 36. 00% 31.60% 99,455 29.20% 25.0 120000 23.9 31. 00% 100000 82,205 87,196 20.0 21.7 74,230 63016 26. 00% 80000 15.0 60000 21. 00% 15.8 14.3 10.0 40000 11.5 16. 00% 5.0 20000 0 11. 00% 0.0 FY1
Slide 17: High Cash Flow Generation, Low Leverage and Consistent Dividend Payout
HIGH CASH FLOW GENERATION, LOW LEVERAGE AND CONSISTENT DIVIDEND PAYOUT Healthy Pre-tax Cash Flows From Operations / EBITDA Consistent Dividend Payout 150% 125% 110% 1.1x 1.1x 75% 0.7x 50% 0.5x 0.5x FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Low Leverage with Debt / Equity at 0.3x High Interes
Slide 18: Shareholding Pattern and Market Cap
SHAREHOLDING PATTERN AND MARKET CAP Foreign Public Other Bodies 60,000 Market Cap (INR in Mn) Institutional 15% Corporate Investors 3% 4% 50,000 40,000 30,000 24,947 Domestic 20,869 19,044 Financial 20,000 17,520 Promoters 14,179 Institutions 62% 16% 10,000 - 31-Mar-19 31-Mar-20 30-Jun-20 30-Sep-20
Slide 19: Contact Details
CONTACT DETAILS NAVNEET EDUCATION LIMITED Corporate Identity Number L22200MH1984PLC034055 Corporate Office & Regd. Office : Navneet Education Limited, Navneet Bhavan, Bhavani Shankar Road, Dadar-(West), Mumbai – 400028. Website: www.navneet.com E-mail Id: investors@navneet.com Investor Relations Con