Navneet Education Limited · NSE:NAVNETEDUL
Navneet Education — Investor Presentation (June 2021)
28 slides from Navneet Education's investor presentation, Jun 30, 2021
Slide 1: A Premium Education House
A PREMIUM EDUCATION HOUSE Investor Presentation as on 30th June, 2021
Slide 2: Company Overview
Company Industry Financials Overview Overview 2
Slide 3: About us
About us 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 OUR BRANDS range of text books for students of CBSE
Slide 4: Key Facts
Key Facts 35 Mn+ 5 5,500+ 350+ 25,000+ Students using Mediums / Languages No. of Titles Hours of Digital Library No. of State Board Navneet products for State Board Schools visited Publications annually 4,000+ 8,500+ 3,000+ 300+ 3 Digital Classrooms CBSE / ICSE Schools No. of No. of Authors Printing
Slide 5: 6 Decades of Navneet
6 Decades of Navneet 2018 1993 1990 2017 2011 2019 1975 2014 2016 1959 2008 2020 1970 1994 New Stationery Children brand Digital Assessment Workbook Books Platform for schools YOUVA launched, Concept Introduce /children Acquired Indiannica Introduce d First Educational Ventured into Launch of Learni
Slide 6: Global Presence
Global Presence 1. Canada 2.US. 3. Mexico 4. Honduras 5. Jamaica 6. Puerto Rico 7. Costa Rica 8. Panama 9. Ireland 10. Norway 11. Sweden 12. Denmark 13. Germany 14.UK. 15. Spain 16. Turkey 17. Ethiopia 18. Kenya 19. Rwanda 20. Tanzania 21. Zambia 22. Madagascar 23. South Africa 24. New Zealand 25. U
Slide 7: Navneet's Presence
Navneet’s Presence Supplementary Books Maharashtra & Gujarat Digital Presence Maharashtra & Gujarat Orchid International Mumbai, Pune, Bengaluru, Hyderabad and Kolkata Text Books Andaman & Nicobar, Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Prade
Slide 8: eSENSE Learning
eSENSE Learning Classrooms Digitised 15,000+ Team of Authors, Illustrators and Hours of digital content 350+ 210+ animators Students learning through Videos TOPScorer 1.2Mn 15,000+ Institutes using TOPClass 4,000+ 2,00,000+ MCQs 8
Slide 9: Indiannica Learning
Indiannica Learning SCHOOLS VISITED ANNUALLY TARGET REACH CURRICULUM 8,500+ 25,000+ CBSE / ICSE & 20,000+ CBSE, Schools SSC Schools ICSE, SSB o Extensive product catalogue comprising educational, instructional and information EMPLOYEES LOCATIONS products & technology solution. 220+ Pan-India o Offer
Slide 10: K12 Techno Services
K12 Techno Services SHAREHOLDING 42 No. of Schools 15.7% Sequoia Capital (CBSE/ICSE) 54.5% Navneet Learning LLP 29.8% Sofina Ventures Locations No. of Schools Over the last few 7 Locations Bangalore (16 schools + 1 College) 17 years, quality Direct Education is in great Mumbai 13 demand in the Hyder
Slide 11: Navneet Digibook
Navneet Digibook LEARNING o Launched in Dec’20 FOR ALL Navneet Kids Platform LEARNING FOR o It is being built for a best-in-class hybrid (Kit + Digital) learning experience A BETTER WORLD o A pre-set learning journey according to the curriculum, customized to the child’s needs and abilities LEARNING
Slide 12: Industry Overview
Company Industry Financials Overview Overview 12
Slide 13: COVID Impact on Education 1/2
COVID Impact on Education 1/2 More than 1.5 million schools in India are closed amidst the pandemic and there are many obstacles in rolling out a large-scale digital education program 1 According to a 2019 government survey, only 24% 2 of the households have internet access In small towns and villag
Slide 14: COVID Impact on Education 2/2
COVID Impact on Education 2/2 Even with the rise of digital learning methods, there are many students who cannot avail these services. These include students with disabilities, belonging to minorities, coming from migrant or refugee camps and the ones living in the most remote parts of the country 7
Slide 15: Edtech Key Growth Drivers in India
Edtech Key Growth Drivers in India Increasing Disposable Low Cost of online Education Income Increasing Employability Quotient Increasing Young Population Government’s Digital initiative Unavailability of Quality Education Favourable e-learning government policies such as Increasing smartphone user
Slide 16: Value Proposition
Value Proposition Fast-paced EdTech Strong balance Pool of Customer- adoption in a post- sheet and good promising centric Covid-19 world liquidity talent products Healthy Integrating High-quality and partnerships content, products cost-effective and IPs to make products leading the business to bette
Slide 17: Financials
Industry Company Financials Overview Overview 17
Slide 18: Standalone Financial Results – Q1FY22
STANDALONE FINANCIAL RESULTS – Q1FY22 Qtr. Ended June’ 21 Particulars Q1FY22 % of Rev Q1FY21 % of Rev Income from Operations 31,832 32,487 Other Income 685 226 Total Revenue 32,516 32,713 COGS 16,508 16,922 Employee benefits 3,622 3,238 Other General Overheads 5,528 4,547 Total Expenses 25,658 24,70
Slide 19: Standalone Financial Results – Q1FY22
STANDALONE FINANCIAL RESULTS – Q1FY22 Total Revenue EBITDA PBT 6,817 32,713 8,006 -1% -14% -13% 32,517 6,859 5,942 Q1FY21 Q1FY22 Q1FY21 Q1FY22 Q1FY21 Q1FY22 Publications Stationery - Domestic Stationery - Exports 20% 28% Segmental Revenue 20% Q1 FY22 9,877 3,341 18,495 Q1 FY21 12,359 4,612 15,470 19
Slide 20: Annual Performance Over the Years
Annual Performance Over the Years (Rs. in lakhs) Total Revenue and Growth (%) EBITDA & Margins (%) 16.8% 18.8% 24.6% 23.4% 1,60,000 1,40,000 4.2% 6.3% 30.0% 20.0% 40,000 35,000 22.7% 22.2% 30.0% 25.0% 1,20,000 1,00,000 10.0% 0.0% 30,000 25,000 15.4% 20.0% 1,46,718 80,000 -10.0% 20,000 15.0% 60,000 1
Slide 21: Annual Performance Over the Years
Annual Performance Over the Years (Rs. in lakhs) ROCE % Price to Earnings (x) 1,20,000 33.7% 31.8% 31.0% 40.0% 35.0 29.7 29.2% 35.0% 1,00,000 1,05,924 30.0% 30.0 23.8 21.7 80,000 99,455 25.0 88,738 25.0% 60,000 73,973 82,205 20.0% 20.0 14.2 15.0% 40,000 15.0 6.5 10.0% 20,000 8.6% 5.0% 10.0 - 0.0% 5.
Slide 22: Annual Performance Over the Years
Annual Performance Over the Years Healthy Pre-tax Cash Flows From Operations / Consistent Dividend Payout (%) EBITDA 150% 160% 3.0 2.4 140% 125% 120% 2.0 100% 75% 1.1 80% 50% 50% 1.0 0.6 0.7 0.6 60% 40% 20% 0.0 0% FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Low Leverage with Debt / Equity (x)
Slide 23: Asset Productivity Ratios for the last 5 years
Asset Productivity Ratios for the last 5 years Fixed Asset Turnover (x) Total Assets Turnover (x) 5.1 1.2 1.1 1.1 1.1 4.5 4.3 3.5 2.5 0.6 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 23
Slide 24: Working Capital Cycle
Working Capital Cycle 180 160 140 154 144 138 120 135 134 131 128 100 114 110 103 80 95 60 75 66 59 40 50 20 0 June'20 Sep'20 Dec'20 Mar'21 June'21 Receivable Days FG Inventory Days RM Inventory Days 24
Slide 25: Consolidated Performance for Q1 FY22
CONSOLIDATED PERFORMANCE FOR Q1 FY22 Revenues Rs. In lakhs EBITDA Rs. In lakhs PBT Rs. In lakhs Particulars Q1FY22 Q1FY21 Q1FY22 Q1FY21 Q1FY22 Q1FY21 NEL 31,831 32,487 6,858 8,006 4,452 5,064 eSense 226 110 (192) (255) (502) (397) Indiannica 961 603 (159) (607) (346) (747) NLLP - # # # # NHKL 154 90
Slide 26: Outlook
Outlook The formal education NEL’s ability to significantly segment’s growth should expand its footprint in states Ability of the company to rebound to 10-12% over the other than Maharashtra and stabilize the business medium term on the back of Gujarat and make inroads in operations of the urbanisat
Slide 27: Corporate & Shareholding Information
Corporate & Shareholding Information Shareholding Pattern (as on 30th June, 2021) Stock Data Market Cap as on 09th August, 2021 ₹ 2,325 Cr. 15.26% Stock Price as on 09th August, 2021 ₹ 102.00 Promoters 52 Week (High / Low) ₹ 107.35/72.30 22.41% Others 62.33% Institutions NSE / BSE - Symbol NAVNETEDU
Slide 28: Thank You
THANK YOU 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 Contact R
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