Navneet Education Limited · NSE:NAVNETEDUL
Navneet Education — Q4 FY2022 Earnings Presentation
31 slides from Navneet Education's earnings presentation, May 18, 2022
Slide 1: Exchange filing cover letter for Q4 FY22 presentation
Knowledge is weal th th NELj85/2022 Date: 18 May, 2022 The Secretary Corporate Relationship Department National Stock Exchange of India ltd. Bombay Stock Exchange ltd. th Exchange Plaza, 5 Floor, Plot No. C/l, 1" Floor, New Trading Ring, 'G' Block, Bandra-Kurla Complex, Rotunda Building, P. J. Tower
Slide 2: Investor Presentation as on March 31, 2022
- --- .-' .- . -'- .-- -' INVESTOR PRESENTATION AS ON MARCH 31, 2022 PUBLISHED IN: MAY 2022
Slide 3: Corporate Overview
CORPORATE OVERVIEW 2
Slide 4: About Navneet Education Limited
ABOUT NAVNEET EDUCATION LIMITED Founded by the Gala family Vision • To provide the highest quality of educational products and services to customers in the language / medium of their choice. Local and worldwide educational syllabus-based supplementary material supplier across print and digital Missi
Slide 5: Facts – Beyond Figures
300+ No. of Authors FACTS – BEYOND FIGURES 40 Mn+ 350+ Students using Navneet products 5 Hours of Digital Library 5,800+ Mediums/Languages for State No. of Titles Board Publications 25,000+ 4,000+ No. of State Board Schools visited Digital Classrooms annually 52,000+ 8,500+ Presence in Retail Outlet
Slide 6: Shareholding Pattern and Corporate Information
SHAREHOLDING PATTERN AND CORPORATE INFORMATION 2.94% 3.06% Stock Data Market Cap as on March 31, 2022 63.31% 13.25% ` 2,022 Cr. Stock Price as on March 31, 2022 ` 89.40 52 weeks (High/Low) 17.44% ` 121.55 / 72.70 Category Number of Shares NSE/BSE –Symbol Promoters 143,212,373 Public 39,441,159 NAVNE
Slide 7: The Glorious Journey of Six Decades
THE GLORIOUS JOURNEY OF SIX DECADES Introduction of Premium Stationery Launch of new Ed-Tech HQ stationery brand joined hands LMS Platform is launched in Maharashtra, products under brand “HQ” Products (Navneet with Terribly Tiny Tales (TTT) for the Gujarat, Andhra Pradesh, Telangana, DigiBook) “Car
Slide 8: Presence Across the Globe
PRESENCE ACROSS THE GLOBE 1. Canada 2. U.S 3. Mexico 10 4. Honduras 5. Jamaica 6. Puerto Rico 7. Costa Rica 11 8. Panama 9. Ireland 9 10. Norway 12 11. Sweden 12. Denmark 1 13 14 13. Germany 14. U.K. 2 15 15. Spain 16 5 16. Turkey 17. Ethiopia 3 18. Kenya 6 25 19. Rwanda 4 8 29 20. Tanzania 5 31 17
Slide 9: Presence in India
PRESENCE IN INDIA Supplementary Books Digital Presence Supplementary Books: Text Books Maharashtra & Gujarat Stationery Digital Presence: Maharashtra, Gujarat, Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Chhattisgarh Text Books: Andaman & Nicobar, Andhra Pradesh, Arunachal Pradesh, Assam,
Slide 10: Diversified Business Verticals
DIVERSIFIED BUSINESS VERTICALS Navneet Education Limited Content Stationery Print Digital Paper Stationery Supplementary Export (USA, Europe, Africa) Digi Books Books Curriculum(Maharashtra & Gujarat) PAN India Non-Curriculum(PAN India & Exports) 9
Slide 11: Diversified Business Verticals: Navneet Future Tech
DIVERSIFIED BUSINESS VERTICALS Navneet Future Tech Esense LeapBridge Partnership and Tutoring Others Top Scorer Early Childhood Learning GenX School Management Top Class Investment Touch Top School 10
Slide 12: Indiannica Learning
INDIANNICA LEARNING Extensive product catalogue comprising educational, instructional and information products & technology 8,500+ Schools Pan India Presence solution Schools visited annually Location Offering specialised curricular learning solutions consisting of textbooks, 180+ CBSE, ICSE, SSB in
Slide 13: K12 Techno Services
K12 TECHNO SERVICES Sales 8% Over the last few years, quality direct education is in great demand in the country and hence seen a sudden growth. 15% Sequoia Capital Navneet Learning LLP Sofnia Ventures 42 Sorting Hat Tech 27% 50% No. of schools (CBSE/ICSE) Orchids 7 The International Locations Numbe
Slide 14: Ed-Tech – The New Venture: Navneet Future Tech
ED-Tech – The New Venture Navneet Future Tech 13
Slide 15: Demographics and Key Facts of Indian Education Industry
DEMOGRAPHICS AND KEY FACTS OF INDIAN EDUCATION INDUSTRY Population Age 0 - 17 Teachers employed 1,380 1,450 441 463 10 11 Mn Mn Mn Mn Mn Mn 2020 2020 2020 2025 2025 2025 Over 250 Mn K-12 school going students Expenditure on education (FY23E): ` 1,04,278 Cr. GoI initiatives: PMeVidya, National Curric
Slide 16: Indian EdTech Overview
INDIAN EDTECH OVERVIEW ` 1,902 Cr. o D2C learning for kids under 8 years (2.38%) ` 3,423 Cr. B2B for employee training (4.28%) ` 10 Lakh Cr. ` 3,403 Cr. Estimated Education Market Unbundling of schools education (4.25%) ` 3,604 Cr. Pre-school market (4.50%) ` 21,560 Cr. ` 80,080 Cr. ` 8,529 Cr. o Co
Slide 17: EdTech Key Growth Drivers in India
EDTECH KEY GROWTH DRIVERS IN INDIA Low Cost of online Education Increasing Employability Quotient Government’s Digital initiative Increasing smartphone user base Growing internet penetration EdTech Key Growth Drivers Increasing Disposable Income Increasing Young Population Unavailability of Quality
Slide 18: Driving the Digital Shift
DRIVING THE DIGITAL SHIFT Navneet Digibook Launched in Dec ’20 L o E FOR A BETTER eSense o LMS and ERP - B2B Segment A WORLD Leapbridge Kids Platform (Age group – 2-8 yrs) R o An early childhood program FOR ALL N Gennext I o Tutoring Platform EFFICIENTLY N Tinkerly o STEM Learning and coding platfor
Slide 19: LMS Key Drivers – B2B
300+ No. of Authors LMS Key drivers – B2B Need for efficient and accessible Adoption of latest technologies like learning and effective management of High growth of CBSE board and AR/VR to help enhance the process of learning content common curriculum teaching and learning Simplification of performa
Slide 20: Why B2B?
WHY B2B? Attributes B2B - Advantages Navneet’s Network Customer base of 25,000+ state board schools and 8500+ CBSE/schools. Global presence in 31 countries. Large customer base Ability to reach 4.35 Cr. students across targeted schools Single Location Servicing Ease of handling single dash site cust
Slide 21: Leapbridge
LEAPBRIDGE Catering to Early childhood education business that focuses on attaining the highest learning outcomes for kids while also forming meaningful ties with parents and educators. Features Pre-K age appropriate content Audio recognition for learning with feedback June 2022 Gamified Content Ima
Slide 22: Leapbridge Target Audience
LEAPBRIDGE TARGET AUDIENCE Highly Involved Conservative Parents Model Parents Wants: Wants: o A learning solution that supplements traditional choices/channels o Research-based scientifically prepared curriculum o Strong expert analysis or recommendations o Age appropriate lessons o Live consultatio
Slide 23: Financial Performance
Financial Performance 22
Slide 24: Financial Performance (Q4 and Year to Date FY22)
FINANCIAL PERFORMANCE (Q4 and YEAR TO DATE FY22) Q4 FY22 Q4 FY21 YTD-FY22 YTD-FY21 Particulars % of Revenue % of Revenue % of Revenue % of Revenue (Actual) (Actual) (Audited) (Audited) Income from Operations 27,787 45.7% 19,077 1,06,052 32.1% 80,297 Other Income 260 294 2,019 1,452 Total Revenue 28,
Slide 25: Standalone Financial Performance – Q4 FY2022
STANDALONE FINANCIAL PERFORMANCE – Q4 FY2022 Total Income (₹ in Lakhs) EBITDA (₹ in Lakhs) 28,047 4,316 3,270 19,371 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 PBT before exceptional item (₹ in Lakhs) 3,388 2,308 Q4 FY21 Q4 FY22 24
Slide 26: Standalone Financial Performance – Q4 FY2022 Contd.
STANDALONE FINANCIAL PERFORMANCE – Q4 FY2022 CONTD... Segment Revenue Publication (₹ in Lakhs) Segment Revenue Stationery – Domestic (₹ in Lakhs) 9,069 8,929 9,654 4,400 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 Segment Revenue Stationery – Exports (₹ in Lakhs) 9,215 5,564 Q4 FY21 Q4 FY22 25
Slide 27: Standalone Financial Performance – Year to Date FY22
STANDALONE FINANCIAL PERFORMANCE – (YEAR TO DATE FY22) Total Income (₹ in Lakhs) EBITDA (₹ in Lakhs) 19,035 1,08,071 81,749 12,585 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 PBT before exceptional item (₹ in Lakhs) 15,397 8,428 Q4 FY21 Q4 FY22 26
Slide 28: Standalone Financial Performance – Year to Date FY22 Contd.
STANDALONE FINANCIAL PERFORMANCE – (YEAR TO DATE FY22) CONT’D.. Segment Revenue Publication (₹ in Lakhs) Segment Revenue Stationery – Domestic (₹ in Lakhs) 37,151 19,220 29,464 11,762 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 Segment Revenue Stationery – Export (₹ in Lakhs) 49,239 38,912 Q4 FY21 Q4 FY22 27
Slide 29: Working Capital Cycle
WORKING CAPITAL CYCLE 144 136 131 130 126 124 118 122 110 103 59 63 59 56 50 Mar'21 June'21 Sep'21 Dec'21 Mar'22 Receviable Days FG Inventory Days RM Inventory Days 28
Slide 30: Consolidated Performance for YTD FY22
CONSOLIDATED PERFORMANCE FOR YTD FY22 Revenues from Operations EBITDA PAT Particulars YTD FY22 YTD FY21 YTD FY22 YTD FY21 YTD FY22 YTD FY21 NEL 1,06,052 80,297 19,035 12,585 10,082 6,163 eSense 1,049 1,037 (781) (839) (1,902) (1,428) Indiannica 5,458 3,107 190 (1,611) (610) (2587) NLLP - - 0 0 0 0 N
Slide 31: 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