CP Capital Limited
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Key numbers — 40 extracted
Rs. 1
10%
Rs. 10
9%
12%
24%
6%
5%
7%
13%
16%
18%
Guidance — 2 items
Email
opening
“216.90 lakhs from Rajasthan Skill and Livelihoods Development Corporation (RSLDC) for the Deen-Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) project, against which the Company had Incurred Rs.”
Email
opening
“117.36 lakhs) on termination of the above stated project, The Company has pursued the invocation of Bank Guarantee and other recelvable of Rs.”
Speaking time
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Opening remarks
Enclosed
1. Key Highlights 2. Limited Review Report (Consolidated & Standalone) 3. Financial Results for the quarter and nine month ended 31st December 2024 (Standalone & Consolidated) CAREER POINT LIMITED Registered office: Village Tangori , Banur, Mohali, Punjab 140601 India Corporate Office: CPTower-1, Road No-1, IPIA, Kota, Rajasthan-324005 CIN: L64990PB2000PLC054497 Phone:, +91 744 6630500; Fax: +91 744 3040050 www.cpil.in, investors@cpil.in B CAREER POINT Key business updates and Result highlights (9M FY2024-25) Rs Crores Standalone Y-0-Y Consolidate* | Y-o-Y Total Revenue EBITDA Profit After Tax 59.4 40.0 318 +9% +12% +24% 89.2 62.6 46.0 +6% +5% +7% *Adjusted growth after excluding extraordinary income in both periods: Revenue: 13%, EBITDA: 16%, PAT: 18%
Consolidate Financials
Total Revenue for the period (9M FY2024-25) at consolidated level is rupees 89.2 Crores with year- on-year growth of 5.7%. Adjusted growth is 12.8% after excluding extraordinary income in NBFC subsidiary. Subsidiary recovered rupees 8.16 Crores from an NPA account (already 100% provisioned) in previous financial year against rupees 3.23 Crores recovered and booked as interest income in the current fiscal. Yielded EBITDA (including other income) of rupees 62.6 Crores with extraordinary EBITDA margin 70.1%. Net profit results at rupees 46 crores and EPS (Earning per share) of rupees 25.30 on consolidated basis with y-o-y growth of 6.9% and adjusted growth of 18.0%. As on 31 Dec 2024, Net worth of the company was reported to be rupees 573 Crores and Book value per share of rupees 315.
Standalone Financials
At standalone level, the company reported net income of rupees 31.8 Crores and EPS of rupees 17.49 up by remarkable 23.6% versus the prior year. Total Revenue for the period (9M FY2024-25) at standalone level is rupees 59.4 Crores with year- on-year growth of 9.3%. This also includes other income of capital gain from sale of assets which is rupees 1.6 Crores in 9M FY2024-25 against rupees 3.3 Crores in FY2023-24. The increase in operating income is primarily driven by higher revenues from the formal education division and franchisee business. Reported EBITDA (including other income) is rupees 40.0 Crores with y-o-y growth of 13.6% and healthy EBITDA margin 68.1%.
Dividend
The Board of Directors has also approved the 3rd interim dividend of 10% on the face value of Rs 10 per share for current fiscal FY2024-25. CAREER POINT Update on the company’s business restructuring plans: e The Board of Directors of the Company in their meeting held on 14th February 2023, has 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. e 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. e
Structuring of the Scheme
o o Demerger of education business (‘Demerged Undertaking’) from CPL to Career Point Edutech Ltd (to be listed separately); Merger of Srajan Capital Limited (wholly owned subsidiary) with Career Point Limited (proposed new name ‘CP Capital Ltd."). e Update on the Company’s Business Restructuring plans pursuant to above scheme: o o o o RBI gave No Objection Letter dated 14 Sep 2022 for merger of Srajan Capital Ltd. in Career Point Ltd. BSE and NSE also advised with letters dated 9 Aug 2023 to go ahead for filing the scheme with Hon’ble NCLT. As per NCLT's first motion order on 4 Jan 2024, Shareholders’ meeting was convened on 17 Feb 2024 for scheme approval. On 30 Aug 2024, hon’ble NCLT formally reserved the order and then released on 23 Sep 2024. Certified copy of final order was signed on 22 Oct 2024. The appointed date for the purpose of giving scheme effect is 1 April 2023. o Application to grant NBFC license in Career Point Ltd is under process at RBI with proposed new name as ‘CP
Fax
ICAI Regn. No. 000346N Website : www.spchopra.in E-mail: spc1949@spchopra.in Independent Auditor’s Review Report on Unaudited Standalone Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, for the Quarter and Nine Months ended December 31, 2024 To The Board of Directors of Career Point Limited, 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results (the ‘Statement’) of Career Point Limited (the ‘Company’) for the quarter and nine months ended December 31, 2024. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these unaudited standalone financial results based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independe