Cp Capital Ltd · NSE:CPCAP
Cp Capital — Career Point — Q3 FY2018-19 Earnings Presentation
52 slides from Cp Capital's earnings presentation, Feb 15, 2019
Slide 1: Investor Update Q3/9M FY2018-19
Investor Update Q3/9M FY2018-19
Slide 2: Our Vision
Our Vision Betterment of Society by empowering youth through the power of education. 2
Slide 3: Our Mission
Technology Our Mission TCS Infosys Hotel Taj Group Oberoi Auto Tata Motors Bajaj Auto Banking HDFC To become a most ethical educational brand Education ?? 3
Slide 4: Our Corporate Philosophy
Our Corporate Philosophy Pursue Excellence… ….rest everything shall follow. 4
Slide 5: Our Story
` Our Story 1993 2000 2006 2010 2014 2016 • Organisation • Network • Formal • NSE & BSE • Vocational • Building a founded Expansion Education Listing • eLearning Global Brand 5
Slide 6: Company evolution
Company evolution June 1993 April 2000 Feb 2003 Jan 2007 •Founded in Kota in small tyre •Opened first tutorial branch • Started K-12 school •Investment by Volrado godown by Mr. Pramod outside Kota at Jaipur education - Global Public Venture Partners (ENAM) Maheshwari, an IIT Delhi School, Kota alumn
Slide 7: Service Offering – KG to PhD
Service Offering – KG to PhD School Education Tutorial Services e-learning Higher Studies Skill Development Video Lectureson PEN DRI VE | M EM ORY CARD StudyBoard.com Integrated Solution Provider across Education value chain throughout the Life Cycle of a Student. 7
Slide 8: Business Divisions
Business Divisions School Education | Test-Prep | Higher Education | Skill Development 8
Slide 9: Global Kids: Pre-School Chain
Global Kids: Pre-School Chain ✓ Mentoring early childhood with a core focus on holistic Academic Pedagogy development and child centric philosophy • Activity based Learning ✓ Expansion through franchisee network with a complete • Intellectual Development technical know-how and structured support sys
Slide 10: Global Kids: Business Potential
Global Kids: Business Potential Projected to grow at CAGR of 22% in next 5 years… Global Kids Presence at: • Ahmednagar (Maharashtra) ✓ Under penetrated market with organized sector • Annoji Guda (Andhra Pradesh) comprising below 30% of the total Pre-school market • Anta (Rajasthan) ✓ Less than 10%
Slide 11: CP Schools: Career Point World Schools
CP Schools: Career Point World Schools Global Public School, Kota (Raj.) Career Point World School, Jodhpur Career Point World School, Bilaspur
Slide 12: CP Schools: Business Potential
CP Schools: Business Potential Global Public School, Career Point World Career Point World School, Kota School, Jodhpur Bilaspur Operational Since Year 2003 July 2013 July 2015 Location Kota, Rajasthan Jodhpur, Rajasthan Bilaspur, Chattisgarh Affiliation CBSE CBSE CBSE Category Day School (Co-Ed) Da
Slide 13: CP Gurukul: Residential School with Coaching
CP Gurukul: Residential School with Coaching CP Gurukul, Kota (Raj.) CP Gurukul, Mohali (Punjab) CP Gurukul, Rajsamand (Raj.) Living Experience Academic facilities Student Welfare • Coaching Campus • Boys and Girls Hostels • Mess, Cafeteria and Food Court • CBSE School up to 12th • Guest house for r
Slide 14: CP Gurukuls: Business Potential
CP Gurukuls: Business Potential Career Point Gurukul, Career Point Gurukul, Career Point Gurukul, Kota (Rajasthan) Mohali (Punjab) Rajsamand (Rajasthan) School (K-12) Tutorial (Coaching) Residence (Hostels) Operational Since Year 2013 Year 2016 Year 2017 Land Area (Acres) 10.27 10.
Slide 15: Tutorial Products and Test-Prep Services
Tutorial Products and Test-Prep Services Key Products Pre-Engineering Test-Prep Pre-Medical Products Pre-Foundation Delivery Model Company Branches Franchisees Centers Residential Coaching School Association Distance Learning E-Learning 15
Slide 16: Tutorial Services (Test-Prep): Business Potential
Tutorial Services (Test-Prep): Business Potential Type of Center Locations Branch Centers (4) Kota, Jaipur, Alwar, Jodhpur (Rajasthan) Bhagalpur (Bihar), Bilaspur (MP), Bhubneshwar (Orisa), Guwahati (Assam), Gwalior (MP), Himmatnagar (Guj.), Jammu (J&K), Jamnagar (Guj.), Kolkata (W.B.), Franchisee C
Slide 17: CP Higher Education Institutions
CP Higher Education Institutions Career Point University Career Point University Kota, Rajasthan Hamirpur, Himachal Pradesh Courses offered Engineering & Technology B. Tech, M. Tech and PhD. Computer Applications BCA, MCA, PGDCA Management and Commerce BBA, MBA, B. Com, M. Com Basic & Applied Scienc
Slide 18: Higher Education: Business Potential
Higher Education: Business Potential Career Point University, Career Point University, Kota (Rajasthan) Hamirpur (H.P.) Act no 13 of Govt. of Rajasthan in Act no 13 of Govt. of Himachal Status year 2012 Pradesh in year 2012 UGC Approval Operational Since Year 2012 Year 2012 Land Area (Acres) 32.
Slide 19: Formal Education Units - Structure
Formal Education Units - Structure Company 100% Subsidiary NBFC Listed Entity 100% Subsidiary Higher Education University Trust / Institution Company 100% Subsidiary Infra Company Listed Entity 100% Subsidiary School Education School Trust / Institution 19
Slide 20: Formal Education Units - Overview
Formal Education Units - Overview Universities Gurukuls Schools Higher Education Residential Schools K-12 Day Schools University, Kota Gurukul, Kota School, Kota • Assets in Trust (GBFT) •Assets in Company •Assets in Trust • Company given loans •Income to Company: •Income to Company: •Funds to Compa
Slide 21: e-Learning Solutions
e-Learning Solutions o Video-on-Demand (www.ecareerpoint.com): Video lectures on USB drives, Memory Cards and Online with Class wise, Subject wise & Unit wise facility to students for anytime, anyplace learning on multiple devices i.e. Laptop, Desktop, Tablet, Mobile o Online Assessments (www.ots.ca
Slide 22: Social Learning platform: Studyboard.com
Social Learning platform: Studyboard.com ▪ Social learning and Online tutoring marketplace ▪ Paid Question & Answer services on Mobile app. ▪ Audio-Video Conferencing, Interactive Whiteboard, Group Chat & Live Sessions 22
Slide 23: Vocational Education: Partner in Skill India Mission
Vocational Education: Partner in Skill India Mission ▪ Initiative of Career Point with a vision to bring about social change, by empowering the unemployed and out-of-work youth with vocational skills and making them ‘Eduployable’ [Educated and Employable], capable of earning a livelihood and support
Slide 24: Skill Development Partnerships: NSDC, RSLDC & Sector Councils
Skill Development Partnerships: NSDC, RSLDC & Sector Councils ▪ Partnership with NSDC – National Skill Development Corporation as Training Provider ▪ Allotment of 9 sectors including Banking & Financial Services, Courier & Logistics, Information Technology, Retail , Automotive, Healthcare, Capital G
Slide 25: CP Differentiators
CP Differentiators 25
Slide 26: Innovations
Innovations ❑ Innovative Offerings: We have initiated innovative products to drive the next generation of education delivering process. o Video-on-Demand (www. ecareerpoint.com): Choice to students for anytime, any topic and anyplace learning on multiple devices. Through online or offline video lect
Slide 27: Initiatives
Initiatives ❑ Diversification: o The diversified business operations with multiple product offerings including Test Preparation, K-12 Schools, Residential Coaching, e-Learning, Private Universities, and Skill Development in various geographies, not only provided forward and backward integration to t
Slide 28: Growth Indicators
Growth Indicators Students Performances • Students’ success in competitive exams and job placements signifies our quality of deliverables. Career Point University, Kota recorded best placement in the region with 1400+ placements in 170+ esteemed organization. Selections of 1276 in JEE-Advanced 2017
Slide 29: Growth Strategies
Growth Strategies Pursue excellence in the service delivery Strengthen the presence in unrepresented industry verticals Pursue selective strategic acquisitions and JV opportunities Expansion in education related verticals through fast and cost-effective solutions Continuing restructuring efforts aim
Slide 30: Awards and Recognitions...
Awards and Recognitions... • Accolades and nominations – In June 2016, Life Time Achievement Award to Career Point by Laghu Udyog Bharti - ministry of small industries for outstanding work in the field of education – In June 2015, honored ‘Himachal Ratan’ award to Mr. Pramod Maheshwari, Chancellor,
Slide 31: ...Awards and Recognitions
...Awards and Recognitions 31
Slide 32: 3Q / 9M FY2018-19 Performance
3Q / 9M FY2018-19 Performance 32
Slide 33: Enrolments Split
Enrolments Split Enrollments FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 9MFY18 9MFY19 Total 29,398 24,120 27,366 30,857 29,086 29,509 27,393 27,034 Tutorial Division 27,257 20,655 22,412 23,010 21,057 18,235 16,553 13,855 Formal Education 2,141 3,465 4,954 7,847 8,029 11,274 10,840 12,471 Pre-School
Slide 34: Key Financial Highlights (9M FY2018-19)
Key Financial Highlights (9M FY2018-19) Standalone Consolidated Key Financials (9M FY 2018-19) (Rs Crores) (Rs Crores) Revenue from Operations 53.4 76.3 EBITDA 8.1 28.1 EBITDA Margin 15% 37% Profit After Tax 9.5 18.8 EPS (Rs) 5.22 10.36 Financials Highlights: ▪ Income from operations for the period
Slide 35: Key Business Updates & Outlook
Key Business Updates & Outlook Business Update: • Total enrollments were reported at 27,034 (9M FY2018: 27,393) including 12,471 in formal education (9M FY2018: 10,840); 13,855 in Tutorial education division (9M FY2018: 16,553) and 708 in Pre-schools. • A remarkable growth of 19% (y-o-y) in higher e
Slide 36: Consolidated Financials – Snapshot (9M FY2018-19)
Consolidated Financials – Snapshot (9M FY2018-19) Income from Operations (Rs Lacs) Operating EBITDA (Rs Lacs) 8,000 7,632 3,000 2,640 2,813 7,083 2,500 6,000 2,000 4,000 1,500 1,000 2,000 500 - - 9MFY18 9MFY19 9MFY18 9MFY19 Operating EBITDA Margins Profit after Tax (Rs Lacs) 40% 37.3% 2,000 1,922 1,
Slide 37: Income Statement – (Standalone)
Income Statement – (Standalone) Income Statement <---------------------------------- Standalone ----------------------------------> Rs Lakhs Q3FY18 Q2FY19 Q3FY19 9MFY18 9MFY19 Income Ind AS Ind AS Ind AS Ind AS Ind AS Income from Operation 2,204.8 1,775.3 1,590.2 5,721.3 5,339.2 Other Income 197.4 3
Slide 38: Income Statement – (Consolidated)
Income Statement – (Consolidated) Income Statement <---------------------------------- Consolidated ----------------------------------> Rs Lakhs Q3FY18 Q2FY19 Q3FY19 9MFY18 9MFY19 Income Ind AS Ind AS Ind AS Ind AS Ind AS Income from Operation 2,548.6 2,623.1 2,369.8 7,083.2 7,631.5 Other Income 195
Slide 39: Balance Sheet – (Latest)
Balance Sheet – (Latest) Balance Sheet <-------------- Standalone ---------------> <------------- Consolidated --------------> Rs Lakhs 31-Mar-2018 30-Sep-2018 31-Dec-2018 31-Mar-2018 30-Sep-2018 31-Dec-2018 Ind AS Ind AS Ind AS Ind AS Ind AS Ind AS Liabilities Shareholders' fund 38,509 39,201 39,45
Slide 40: Financial Details
Financial Details 40
Slide 41: Standalone Financials – Overview (Historicals)
Standalone Financials – Overview (Historicals) Revenue (Rs millions) EBITDA (Rs millions) 500 462 1,200 405 973 400 1,000 893 774 788 821 812 301 296 711 270 270 259 800 678 625 300 237 254 182 193 600 490 200 412 400 300 102 100 200 0 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20
Slide 42: Consolidated Financials – Overview (Historicals)
Consolidated Financials – Overview (Historicals) Revenue (Rs millions) EBITDA (Rs millions) 1,200 1,003 1,000 954 972 890 867 926 500 442 465 854 413 780 365 382 800 400 658 312 281 600 479 300 236 242 410 225 210 182 400 300 200 200 100 0 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 201
Slide 43: Income Statement – Standalone (Historicals)
Income Statement – Standalone (Historicals) Income Statement <---------------------------------- Standalone ----------------------------------> Rs Lakhs FY2009-10 FY2010-11 FY2011-12 FY2012-13 FY2013-14 FY2014-15 FY2015-16 FY2016-17 FY2017-18 Income IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP In
Slide 44: Income Statement – Consolidated (Historicals)
Income Statement – Consolidated (Historicals) Income Statement <---------------------------------- Consolidated ----------------------------------> Rs Lakhs FY2009-10 FY2010-11 FY2011-12 FY2012-13 FY2013-14 FY2014-15 FY2015-16 FY2016-17 FY2017-18 Income IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP IGAA
Slide 45: Balance Sheet – Standalone (Historicals)
Balance Sheet – Standalone (Historicals) Balance Sheet <-------------- Standalone ---------------> Rs Lakhs 3/31/2010 3/31/2011 3/31/2012 3/31/2013 3/31/2014 3/31/2015 3/31/2016 3/31/2017 3/31/2018 IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP Ind AS Liabilities Shareholders' fund 13,757 27,318 30
Slide 46: Balance Sheet – Consolidated (Historicals)
Balance Sheet – Consolidated (Historicals) Balance Sheet <-------------- Consolidated ---------------> Rs Lakhs 3/31/2010 3/31/2011 3/31/2012 3/31/2013 3/31/2014 3/31/2015 3/31/2016 3/31/2017 3/31/2018 IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP Ind AS Liabilities Shareholders' fund 13,407 26,55
Slide 47: Additional details
Additional details 47
Slide 48: Subsidiaries
Company Structure • Engaged in to Tutorial and related services Career Point Limited (CPL) • Provides Auxiliary Education Services • Wholly owned subsidiary of CPL Career Point Infra Ltd. • For Infrastructural activities • Wholly owned subsidiary of CPL CP Edutech Ltd. • For Educational technology b
Slide 49: Leadership Team
Leadership Team Experienced Promoters Visionary Board of Directors Professional Management Team Pramod Maheshwari Pawan Lalpuria Vishal Jain Dr. P. L. Gautam Shailendra Maheshwari Mahesh Bhangriya CMD & CEO Independent Director Independent Director VC, CP University, HP Senior VP - Academics VP-Corp
Slide 50: Shareholding Structure
Shareholding Structure Stock exchanges Symbol Databases Code National Stock Exchange CAREERP Reuters - RIC CARP.BO Bombay Stock Exchange 533260 Bloomberg – BB CRPT:IN Key Non-Promoters Ownership Mr. Manish Jain 4.14% Rajasthan Global Securities 3.72% Individuals DSP Blackrock 1.87% 23% Ms. Gita Amba
Slide 51: CSR: Giving back to the society
CSR: Giving back to the society Glimpses: Corporate Social Responsibility ✓ Career Point has initiated several programs for the communities around in the space of Education, Healthcare and Environment ✓ Free schooling for children of workers at various projects, Eye care camp for rural underprivileg
Slide 52: Thank you
Thank you Career Point Limited Corporate & Reg. Office: CP Tower, Road No-1, IPIA, Kota (Rajasthan) – India | Ph: +91 744 3040000 Investor Contact Details Mr. Pramod Maheshwari | Chairman & Managing Director | pramod@cpil.in Mr. Mahesh Bhangriya | Vice President - Corporate Strategy | mahesh@cpil.in