Chetana Education Limited · NSE:CHETANA
Chetana Education — Investor Presentation (December 2024)
25 slides from Chetana Education's investor presentation, Dec 2, 2024
Slide 1: Cover letter to National Stock Exchange
CHETANA EDUCATIONLIMITED Date: December 02, 2024 To, National Stock Exchange of India Limited The Listing Department Exchange Plaza, C-1, Block G, BandraKurla Complex, Bandra (East), Mumbai-400051 (Maharashtra) NSE SYMBOL: CHETANA ISIN: INE0U1T01012 Sub: Investor Presentation Dear Sir(s)/ Madam(s),
Slide 2: Chetana Education Limited H1FY25 Investor Presentation
CHETANA EDUCATION LIMITED (FORMERLY KNOWN AS CHETANA EDUCATION LLP) H1FY25 INVESTOR PRESENTATION 1
Slide 3: Disclaimer
DISCLAIMER This presentation has been prepared by and is the sole responsibility of Chetana Education Ltd.(the “Company” / “CHETANA”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitat
Slide 4: Chetana at a Glance
CHETANA AT A GLANCE KEY METRICS FOR FY-24 INTRODUCTION • 47+ year old legacy in Education Sector • 700+ titles with 15 distinct brands Portfolio • 30,000 videos - for interactive learning Total Income EBITDA experience INR.93.50Crs. INR.21.34Crs. • 75 Lakh+ books produced in FY24 23.75% YoY growth 5
Slide 5: About the Company
ABOUT THE COMPANY Content driven book publishing Catering to K-12 segment (Kindergarten Company for CBSE & to 12th grade) across different boards, Maharashtra State Board independent playgroups and coaching curriculum as per NEP guidelines classes. Collaborations with different Strategic partnership
Slide 6: Business Model Built on Multiple USPs
BUSINESS MODEL BUILT ON MULTIPLE USPs Innovation and Asset-Light Marketing and Superior Quality content Business Model Distribution Technological Edge o 400+ esteemed authors o Vendor o 250+ Sales force. o Strategic partnership with onboard Partnerships : With Allern Enterprises an Edtech varied Ind
Slide 7: Business Verticals
BUSINESS VERTICALS Maharashtra Maharashtra State Board State Board (Marathi Medium Schools, (English Medium Schools) Coaching Classes & Jr. College) K - 10 K - 12 CBSE Board K - 10 6
Slide 8: Strong Growth Trajectory
STRONG GROWTH TRAJECTORY Revenue(in Rs Cr) EBITDA(in Rs Cr) PAT(in Rs Cr) 94 21 12 76 14 7 43 33 9 6 3 2 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Working Capital Net Debt/Equity ROE 373 1.90x 48% 299 1.80x 1.80x 225 207 205 30% 180 119 127 1.60x 13% 9% FY21 FY22 FY23 FY24 FY21 FY2
Slide 9: Product Portfolio
PRODUCT PORTFOLIO Pre – Primary Primary 8
Slide 10: Product Portfolio
PRODUCT PORTFOLIO Secondary Higher Secondary • EdTech Market Growth: AI in education to reach $10.38 billion by 2026, interactive textbooks support personalized learning. • Smart Classrooms: Projected $117 billion by 2027, growth in digital tools, AI-enhanced content. 9
Slide 11: Competitive Strengths
COMPETITIVE STRENGTHS STRONG FOCUS ON DIGITAL & TECHNOLOGY HEALTHY POSITION IN THE K-12 MARKET PLATFORM • K-12 operating revenue grew at a CAGR of 75% • Investments in technology within the K-10 from FY22 to FY23 segment • Apps, specially curated to facilitate play-based learning, digital videos, &
Slide 12: Supporting Marketing Dynamics and New Education Policy
SUPPORTING MARKETING DYNAMICS AND NEW EDUCATION POLICY Indian government increased Indian education sector its education budget by 13.06% attracted US$ 9.2 billion in FDI YoY in 2023-24, with a focus on and over US$ 4 billion in infrastructure and literacy private equity for EdTech programs startups
Slide 13: Customized Books for Coaching Classes
CUSTOMIZED BOOKS FOR COACHING CLASSES MULTI-COLOUR CUSTOMIZED AS PER CLIENT SPECIFICATIONS SINGLE COLOUR 12
Slide 14: QR Code Enabled Books
QR CODE ENABLED BOOKS •Content Creation •Design & Proofreading •Authors create • 30,000+ Videos: Accessible via QR •Complete design and curriculum-based proofreading. codes, transforming traditional content manuscripts. into digital formats. • Self-Study Support: Enables post- school self-study and
Slide 15: Key Strategic Priorities & Business Growth
KEY STRATEGIC PRIORITIES & BUSINESS GROWTH INCREASING PRESENCE IN STRENGTHENING TECHNOLOGY- VARIOUS BOARDS 01 02 ENABLED SYSTEMS •Consolidate presence in Maharashtra •Enhance QR code-based learning State Board and CBSE •Strengthen relationships with •Expand market share in 10 major schools and end-u
Slide 16: Strong Future Growth
STRONG FUTURE GROWTH 18%+ Strategic Market Expansion: 15%+ Govt. Investment in Strong Revenue Infrastructure and Growth: Digital Learning: Launching new textbook series under the brand YUGA. This 18%+ CAGR over 3 years, ₹150 crore allocated for innovative series aims supported by a 30% infrastructur
Slide 17: Pan India Sales & Distribution Network
PAN INDIA SALES & DISTRIBUTION NETWORK Network Increase market reach through encompasses initiatives such as •CBSE and State • Regular school visits, Board schools, • Retailer displays, coaching classes • Participation in key tradeshows, and booksellers • Sponsorship of educational • 500 distributor
Slide 18: Key Milestones
KEY MILESTONES Introducing 2019 2021 Entering into blended consigning and learning forwarding programs by agreement for use of QR North India region based books 2017 2018 Entering into 2022 consigning and forwarding agreement for Incorporation of Purchase of the South India region the Limited public
Slide 19: Leadership
LEADERSHIP ANIL RAKESH JAYANTILAL R A M B H I A JAYANTILAL R A M B H I A Chairman & Managing Director, Whole-Time Director, 30 years of experience 25 years of experience in sales, marketing and in Strategic Planning, product innovation Finance and Administration 18
Slide 20: Financial Overview
FINANCIAL OVERVIEW 19
Slide 21: H1FY25 Financial Performance
H1FY25 FINANCIAL PERFORMANCE Revenue EBITDA PAT 58 25 10 10 19 40 H2FY24 H1FY25 H2FY24 H1FY25 H2FY24 H1FY25 • Revenue Growth: Revenue from operations grew by 44.4% YoY, reaching ₹58.1 crore in H1FY25 compared to ₹40.2 crore in H1FY24, driven by robust operational expansion. • Profit Trajectory: PAT
Slide 22: Profit & Loss Statement
PROFIT & LOSS STATEMENT Particulars H2FY24* H1FY25 % change Revenue from operations 40.2 58.1 Other income 0.1 0.1 Total Income 40.3 58.2 44.4% Cost of materials consumed 16.7 12.5 Changes in inventories of finished goods, work-in-progress and stock- 0.9 13.4 in-trade Employee benefits expense 3.9 9
Slide 23: Balance Sheet
BALANCE SHEET Particulars FY 21 FY 22 FY 23 FY24 H1FY25 Particulars FY 21 FY 22 FY 23 FY24 H1FY25 Equity and Liabilities Assets Shareholders' Fund Non current assets Share capital 20.9 19.5 22.8 15 20.4 Property, plant, equipment 0.95 0.68 2.1 1.7 2 Reserves and surplus - - - 10.25 55.2 Networth 20.
Slide 24: Historical Income Statement
HISTORICAL INCOME STATEMENT Particulars FY21 FY22 FY23 FY24 Revenue from operations 32.6 43.1 75.6 93.5 COGS 1,222 1,976 3,704 3,997 Gross Profit 20.3 23.3 38.5 53.5 Gross Profit Margin % 62% 54% 51% 57% Employee Benefit expenses 7.3 10 14.9 18.5 Other expenses 4.2 7.2 9.7 13.9 Total Expenses 23.7 3
Slide 25: Thank You
Thank You https://chetanaeducation.com 022 6121 6000 For further information, please contact Nikhar Arora Email: nikhar@goindiaadvisors.com +91 22 62640831 24 www.goindiaadvisors.com
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