CP Capital Limited

100%

Q1 FY2023-24 Franchisee Test Preparation Online d t L i t n o P r e e r a C Education NBFC (100% subsidiary) Formal Education School Integrated Coaching University Management Services School

Rs. 29 Crore

onsolidated Basis:  Revenue from operation for the period (Q1 FY2023-24) at consolidated level is Rs. 29 Crores with significant year-on-year growth of 48%  EBITDA (including other income) is reported rupees

48%

eriod (Q1 FY2023-24) at consolidated level is Rs. 29 Crores with significant year-on-year growth of 48%  EBITDA (including other income) is reported rupees 22.64 Crores with extraordinary EBITDA margin

22.64 Crore

s with significant year-on-year growth of 48%  EBITDA (including other income) is reported rupees 22.64 Crores with extraordinary EBITDA margin 73.8%. Net profit results at rupees 16.24 crores and EPS (Earni

73.8%

 EBITDA (including other income) is reported rupees 22.64 Crores with extraordinary EBITDA margin 73.8%. Net profit results at rupees 16.24 crores and EPS (Earning per share) of rupees 8.93 on consolid

16.24 crore

s reported rupees 22.64 Crores with extraordinary EBITDA margin 73.8%. Net profit results at rupees 16.24 crores and EPS (Earning per share) of rupees 8.93 on consolidated basis with remarkable y-o-y growth of 7

70.8%

es and EPS (Earning per share) of rupees 8.93 on consolidated basis with remarkable y-o-y growth of 70.8%.  As on 30 June 2023, Net worth of the company was reported to be rupees 496 crores and Book valu

496 crore

le y-o-y growth of 70.8%.  As on 30 June 2023, Net worth of the company was reported to be rupees 496 crores and Book value per share of rupees 273. Standalone Result:  Revenue from operations for the pe

16.84 crore

lone Result:  Revenue from operations for the period (Q1 FY2023-24) at standalone level is rupees 16.84 crores with an impressive year-on-year growth of +19%.  Reported EBITDA (including other income) is

19%

FY2023-24) at standalone level is rupees 16.84 crores with an impressive year-on-year growth of +19%.  Reported EBITDA (including other income) is rupees 10.84 Crores with healthy EBITDA margin 61.

10.84 Crore

an impressive year-on-year growth of +19%.  Reported EBITDA (including other income) is rupees 10.84 Crores with healthy EBITDA margin 61.1%.  At standalone level, the company reported net income of rupee

61.1%

19%.  Reported EBITDA (including other income) is rupees 10.84 Crores with healthy EBITDA margin 61.1%.  At standalone level, the company reported net income of rupees 7.04 crores and EPS of rupees 3.

Consolidated Basis

1

Standalone Result

1

Analysis

1

Structuring of the Scheme

1

Career Point University

1

Consolidated Basis

 Revenue from operation for the period (Q1 FY2023-24) at consolidated level is Rs. 29 Crores with significant year-on-year growth of 48%  EBITDA (including other income) is reported rupees 22.64 Crores with extraordinary EBITDA margin 73.8%. Net profit results at rupees 16.24 crores and EPS (Earning per share) of rupees 8.93 on consolidated basis with remarkable y-o-y growth of 70.8%.  As on 30 June 2023, Net worth of the company was reported to be rupees 496 crores and Book value per share of rupees 273.

Standalone Result

 Revenue from operations for the period (Q1 FY2023-24) at standalone level is rupees 16.84 crores with an impressive year-on-year growth of +19%.  Reported EBITDA (including other income) is rupees 10.84 Crores with healthy EBITDA margin 61.1%.  At standalone level, the company reported net income of rupees 7.04 crores and EPS of rupees 3.87 with remarkable year-on-year growth of 11.7%.

Analysis

 The increase in income is a result of growth across the verticals. A bigger network of study centers advanced enrollment numbers in informal division. Whilst, formal education enrollments also grew on the new courses.  The growth validates our strategy of transitioning from an “Educational Service Provider” to an “Educational Product Company”. The Board of Directors of the Company in their meeting held on 14th February 2023, approved a composite scheme of arrangement ('Scheme') under section 230 to 232, amongst Srajan Capital Limited (Transferor Company), Career Point Limited (CPL) (Transferee Company/Demerged Company) and Career Point Edutech Limited (Resulting Company) and their respective shareholders.  Objective of the Scheme is to provide a simplified and streamlined group structure along with an efficient management control through separating education and non-education businesses in different listed entities. 

Structuring of the Scheme

i. Demerger of education business (‘Demerged Undertaking’) from Career Point Limited to Career Point Edutech Limited (wholly owned subsidiary); and ii. Merger of Srajan Capital Limited (wholly owned subsidiary) with Career Point Limited (Transferee Company).  Update on the Company’s Business Restructuring plans pursuant to above scheme: i. RBI has given No Objection Letter dated 14 Sep 2022 for merger of Srajan Capital Ltd. in Career Point Ltd. ii. BSE and NSE have also advised with letters dated 9 Aug 2023 to go ahead for filing the scheme with Hon’ble NCLT. iii. A separate application to grant NBFC license in Career Point Ltd is also filed at RBI Mumbai and approval in being awaited.  The scheme is, inter alia, subject to filing, receipt of approval from the statutory, regulatory and customary approvals, including approvals from RBI, NCLT Chandigarh jurisdiction. The appointed date for the purpose of giving scheme effect is 1 April 2023. Financial Updates - Standalone Revenue (Rs L

Career Point University

Find us at bit.ly/CareerPoint bit.ly/CPGurukul bit.ly/CPGurukul_Kota bit.ly/CPUKR /cpkota /careerpointlabs /cpkota /careerpointkota