Navneet Education Limited · NSE:NAVNETEDUL
Navneet Education — Q2 FY2021 Earnings Presentation
19 slides from Navneet Education's earnings presentation, Nov 10, 2020
Slide 1: Submission of presentation to NSE on Unaudited Financial Results
Knowledge is wealth Date: 10th November, 2020 NEL/NSE/157/2020 The Secretary National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor, Plot No. CA, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai — 400051. Dear Sirs, Scrip Code — NAVNETEDUL Sub: Submission of presentation shared with a
Slide 2: A Premium Education House – Investor Presentation
A Premium Education Investor Presentation House As On 30th Sep 2020
Slide 3: Table Of Contents
1 Company Overview 03 2 Ed-Tech Digital Initiatives 05 3 Financial Performance 11 Table Of Contents
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: 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 6: Ed-Tech Digital Initiatives
Ed-Tech Digital Initiatives
Slide 7: 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 8: Financial Performance Q2FY21
FINANCIAL PERFORMANCE Q2FY21
Slide 9: Segmental Review – Q2 of FY'21
SEGMENTAL REVIEW – Q2 of FY’21 (INR in Lacs) Total Revenue EBITDA PBT 25,340 3,840 2,785 16,423 -35 % -65% -88% 1,348 1,965 324 Q2FY 20 Q2FY 21 Q2FY 20 Q2FY 21 Q2FY 20 Q2FY 21 Publications Stationery - Domestic Stationery - Exports 57% 64 % Segmental Revenue 1% Q2 FY21 5,503 831 9,630 Q2 FY20 12,765
Slide 10: Segmental Review – YTD of FY'21
SEGMENTAL REVIEW – YTD of FY’21 (INR in Lacs) Total Revenue EBITDA PBT 1,05,823 25,407 27,967 -54 % -67% -72% 49,136 9,354 1,965 7,141 H1 of FY20 H1 of FY21 H1 of FY20 H1 of FY21 H1 of FY20 H1 of FY21 Publications Stationery - Domestic Stationery - Exports 68% 59 % 28 % Segmental Revenue YTD FY21 17
Slide 11: Standalone Financial Results – Q2 and YTD of FY'21
STANDALONE FINANCIAL RESULTS – Q2 and YTD of FY’21 (INR in Lacs) Qtr. Ended Sep 20 YTD Ended Sep 20 Particulars Q2 FY 21 % of Rev Q2 FY 20 % of Rev YTD % of Rev YTD % of Rev FY 21 FY 20 Income from Operations 15,994 -35.1% 24,677 48,481 -53.4% 1,04,176 Other Income 429 663 655 1,647 Total Revenue 16
Slide 12: Receivables & Inventory Days
RECEIVABLES & INVENTORY DAYS 135 134 128 119 120 114 111 95 75 75 66 62 53 45 41 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Receivable Days FG Inventory Days RM Inventory Days Earnings Presentation 11
Slide 13: Consolidated Financial Results – YTD of FY'21
Consolidated Financial Results – YTD of FY’21 (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 48,481 1,04,176 9,354 27,968 5,292 18,995 eSense 443 1,359 (380) 130 (653) (119) Indiannica 739 946 (1,243)
Slide 14: Outlook on Business Segments
OUTLOOK ON BUSINESS SEGMENTS Publications eSense (E-Learning) Stationery & Exports Publication Business for the ensuing The demand for online education has Exports will continue to grow at a good year is lot dependent on the Schools re- increased during this lock down period. pace backed by orders.
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 Other Bodies Corporate Foreign 60,000 Market Cap (INR in Mn) 2% Institutional Public Investors 15% 50,000 4% 40,000 33,352 30,000 24,947 Domestic Financial 19,044 Promoters 20,000 17,520 Institutions 14,179 17% 62% 10,000 - 31-Mar-18 31-Mar-19 31-Mar-20 30-Jun-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