CL Educate Ltd

Program alignment and capabilities

• Welcomes PM Modi's plan for free online coaching and AI skilling for 1 crore youth.
• Career Launcher has trained lakhs of students across examinations since 1995.
• DEXIT Global conducts over 11 million assessments annually, providing scalable tech backbone.
• mySATHI Foundation is piloting district-level DPI for jobs, higher education and skills in Uttar Pradesh.
• CL Educate will work with the Ministry of Education, NTA, and state governments to extend learnings nationwide.
• CL Educate acquired DEXIT Global on 20 February 2025.

Financial Performance

• EBITDA margin rose to about 16.6%, up 218 bps YoY.
• Full-quarter revenue declined about ₹17.5 crore; offset by ₹18 crore cost optimization.
• Interest cost declined from ₹12.8 cr to ₹10.6 cr.
• Depreciation rose about 28% due to end-year asset additions.
• DEX contracts total ₹34 crore; about ₹22 crore to be executed this year.
• MarTech revenue up about 3.8%; EBITDA up about 32% YoY.
• Q1 is seasonally light; Q2 and Q3 expected to improve.
• Overhead costs down about ₹8.7 crore versus Q1 last year.

Segment Highlights

• L&D revenue down 15%; EBITDA down 13%.
• Digital assessment revenue down 17%; ₹4.7 crore delayed; to be resolved in Q2.
• MarTech revenue up about 3.8%; EBITDA up about 32%.
• EasyApply adoption widened; MBA admissions cycle activated.
• Test prep headwinds persist; churn stabilizing; some segments show green shoots.

Technology & Proctoring

• About 74% of coding is AI-enabled; AI-driven efficiency measured monthly.
• DEX remote proctoring uses centralized NOC-SOC with live monitoring and session kill.
• BYOD rollout aims to enable exams anytime, anywhere.

Corporate Actions & Balance Sheet

• NCLT approval for RPS capital reduction; ROC approvals received; redemption by August.
• Debt reduced to ₹174 crore from ₹210 crore; near-zero debt target in 36 months.
• Ongoing strategic discussions with large global/Indian players; updates to be shared.

Outlook & Growth Focus

• Q2 and Q3 expected to be the strongest delivery quarters.
• VIRSA revenue growth guidance: 45–50% for the year.
• Return on capital and EBITDA margin focus; zero debt target within 36 months.

Q&A Takeaways

• Exam rationalization may consolidate to 3–4 exams; digital testing expands opportunities.
• Proctoring robustness and BYOD differentiators.
• Pricing is per-seat; tenders constitute 60–65% of revenue; 30–35% non-tender.
• Revenue recognition occurs at examination and post-results milestones; no upfront payments.

Meeting Details

• Date: August 5, 2026
• Event: Analysts and Investors Earnings Call for Q1 FY2027 results
• Organiser: CL Educate Limited
• Purpose: Discuss unaudited standalone and consolidated Q1 FY2027 results (quarter ended June 30, 2026)
• Key participants: CFO; Chief Manager – Finance & Investor Relations
• Recording: Recording of the call will be available on the company website

Meeting Details

• Date: August 5, 2026; Time: 3:30 PM IST; virtual earnings call.
• Type: group earnings call; mode: virtual.
• Event/organiser: Analyst Presentation by CL Educate Limited.

Participants

• Key company participants: CFO; Chief Manager – Finance & Investor Relations.

Purpose

• Discuss Q1 FY2027 unaudited results (quarter ended June 30, 2026).

Additional Notes

• Analyst Presentation to be hosted on CL Educate Limited's website.

Meeting Details

• Date and time: Aug 5, 2026, 03:30 PM IST.
• Group virtual earnings call; pre-registration required.
• Q1 FY27 results to be announced on Aug 4, 2026.

Participants

• Chairman, CL Educate Ltd (Management representative).
• Vice Chairman and Managing Director, CL Educate Ltd.
• Executive Director & Group CEO, Enterprise Business, CL Educate Ltd.
• Group Chief Financial Officer, CL Educate Ltd.

Purpose

• Discuss Q1 FY27 unaudited results for quarter ended June 30, 2026.

Additional Notes

• Recording will be available in the Investors section on the company's website.

Meeting Details

• Date: 04 August 2026.
• Location: Registered and Corporate Office, New Delhi.

Key Agenda Items

• Consider, approve and record unaudited standalone and consolidated results for quarter ended June 30, 2026.

Other Notes

• Trading window closed from 01 July 2026 until 48 hours after results declaration.
• Information to be hosted on the company's website.

Resolution

• Special Resolution to shift registered office from Delhi to Maharashtra and amend MOA Clause II.

Outcome

• Approved with requisite majority; 99.95% in favor, 0.05% against; 129 voters.

Voting details

• Total valid votes 3,31,02,957; abstentions 126 shares from two folios.

Shareholder impact

• Relocation of registered office to Maharashtra; MOA amendment affects governance.

Demat/remat status

• Details of dematerialised/rematerialised securities furnished to all stock exchanges.