CL Educate Ltd. share price target

We estimate a 31.72% CAGR in revenues based on return of classroom teaching, increase in the number of centers, added TAM from the CUET Exam and growth in MarTech business till FY24. We expect PAT margins for FY24 to be in the range of 6.5%.

Career launcher (CL) is a leader in MBA and Law segment and is a challenger in Jobs segment

Issue Period: March 20 ? March 22, 2017

The issue is a combination of fresh issue (Rs. 1,094.4mn) and offer for sale (Rs. 1295.1mn). Net proceeds from the issue will be mainly used for working capital requirement of the company and its subsidiaries, prepayment of outstanding debt of subsidiary and...

The company has diversified its operations across various business segments spanning the education value chain. Test prep offers preparation courses for MBA, banking & SSC, law as well as engineering, medical, civil services and others under well-recognised brand Career Launcher. Publishing and content development provides test prep titles for professionals and entrance examinations under brand GK...

Incorporated in 1996, CL Educate Ltd is engaged in providing various educational products and services. It operates through two segments, Education and Training Programme (Including Sale of Study Material) and Vocational Training. The Company's Education and training program (including sale of study material) segment includes coaching for higher education entrances. The Company's Vocational training segment includes specific projects undertaken (including government projects). CL Educate offers test preparation courses and services under the Career Launcher brand, publishing and content development services under the brand GK Publications and event management,...

CL Educate Ltd (CLEL) is a diversified and integrated technology-enabled provider of education products, services and content with presence across the education value chain. It focuses on learners of multiple age groups and caters to the various segments of the education industry like test preparation & training services, publishing &..

Satyanarayan R, Gautam Puri, Nikhil Mahajan, R Shiva Kumar, implemented by us under Government schemes in various States across India, including Gujarat, Jharkhand, Chhattisgarh, Madhya Pradesh, Odisha and Uttar Pradesh; integrated Sreenivasan, Sujit Bhattacharya and Bilakes Consulting Pvt Ltd....

The issue is a combination of fresh issue (Rs. 1,094.4mn) and offer for sale (Rs. 1295.1mn). Net proceeds from the issue will be mainly used for working capital requirement of the company and its subsidiaries, prepayment of outstanding debt of subsidiary and...