Navneet Education Limited · NSE:NAVNETEDUL
Navneet Education — Q3 FY22 Earnings Presentation
26 slides from Navneet Education's earnings presentation, Jan 31, 2022
Slide 1: Submission letter to National Stock Exchange
Knowledge is wealth st NEL/NSE/20/2022 Date: 31 January, 2022 The Secreta ry National Stock Exchange of India ltd. th Exchange Plaza, 5 Floor, Plot No. C/1, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051. Dear Sirs, Ref: Scrip Code - NAVNETEDUl Sub: Submission of presentation shared
Slide 2: A Premium Education House – Investor Presentation
A PREMIUM EDUCATION HOUSE Investor Presentation as on Dec 31, 2021
Slide 3: Company Overview, Industry Overview, Financials
Company Industry Financials Overview Overview 2
Slide 4: 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 5: 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 6: 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 7: Global Presence
Global Presence 1. Canada 2.U,S. 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.
Slide 8: 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 9: 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 10: 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 11: K12 Techno Services
K12 Techno Services SHAREHOLDING 42 8.27% Sequoia Capital No. of Schools 14.43% (CBSE/ICSE) Navneet Learning LLP 49.98% Sofina Ventures 27.32% Sorting Hat Tech Locations No. of Schools Over the last few 7 Locations Bangalore (16 schools + 1 College) 17 years, quality Direct Education is in great Mum
Slide 12: Navneet Digibook and new learning platforms
Navneet Digibook o Launched in Dec’20 Leapbridge Kids LEARNING Platform FOR ALL (Age group-2-8 yrs) o It is being built for a best-in-class hybrid (Kit + Digital) learning experience o A pre-set learning journey according to the curriculum, customized to the child’s needs and abilities Emphasis on a
Slide 13: Industry Overview
Company Industry Financials Overview Overview 12
Slide 14: 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 15: 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 16: 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 17: 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 18: Financials
Industry Company Financials Overview Overview 17
Slide 19: Standalone Financial Results – Q3 and YTD FY22
STANDALONE FINANCIAL RESULTS – Q3 and YTD FY22 INR in Lacs Qtr. Ended Dec’ 21 YTD Ended Dec’21 Particulars % of % of % of % of Q3FY22 Q3FY21 YTDFY22 YTDFY21 Rev Rev Rev Rev Income from Operations 23,524 84.6% 12,739 78,265 27.8% 61,220 Other Income 280 503 1,759 1,158 Total Income 23,804 13,242 80,0
Slide 20: Standalone Financial Results – Q3FY22
STANDALONE FINANCIAL RESULTS – Q3FY22 INR in Lacs Total Income EBITDA PBT before exceptional item 23,804 3,881 2,995 80% 13,242 848% -39 Q3FY21 Q3FY22 - 79.8% -1,021 Q3FY21 Q3FY22 Q3FY21 Q3FY22 Publications Stationery - Domestic Stationery - Exports Segmental Revenue 273 99% 23% % Q3 FY22 9,446 3,95
Slide 21: Standalone Financial Results – YTDFY22
STANDALONE FINANCIAL RESULTS – YTDFY22 INR in Lacs Total Income EBITDA PBT before exceptional item 80,024 12,009 14,719 62,378 28% 96% 58% 9,315 6,120 YTDFY21 YTDFY22 YTDFY21 YTDFY22 YTDFY21 YTDFY22 Publications Stationery - Domestic Stationery - Exports Segmental Revenue 38% 30% 20% YTD FY22 28,222
Slide 22: Working Capital Cycle
Working Capital Cycle 180 160 140 154 144 138 120 131 122 126 124 118 100 110 103 80 60 66 63 59 56 40 50 20 0 Dec'20 Mar'21 June'21 Sep'21 Dec'21 Receivable Days FG Inventory Days RM Inventory Days 21
Slide 23: Consolidated Performance for YTD FY22
CONSOLIDATED PERFORMANCE FOR YTD FY22 INR in Lacs Revenues from Operations PBT Particulars YTDFY22 YTDFY21 YTDFY22 YTDFY21 12,009 6,120 NEL 78,265 61,220 eSense 662 613 (1,133) (1,061) Indiannica 791 325 (2,780) (3,443) NLLP - - (0) (0) NHKL 421 108 2 (5) GeNext 20 - (174) - NTVPL - - (17) - K12 - -
Slide 24: 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 urbanizat
Slide 25: Corporate & Shareholding Information
Corporate & Shareholding Information Shareholding Pattern (as on 31st Dec, 2021) Stock Data Market Cap as on 28th January, 2022 ₹ 2,105 Cr. 20.86% Stock Price as on 28th January, 2022 ₹ 92.75 Promoters 52 Week (High / Low) ₹ 121.55/72.30 Others 15.99% Institutions 63.15% NSE / BSE - Symbol NAVNETEDU
Slide 26: 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