CL Educate sells Indore school real estate asset

CL Educate Limited informed the exchanges on Saturday that it is selling one of its last two surplus real estate assets. Career Launcher Infrastructure Private Limited (wholly owned Subsidiary of CL Educate Limited) has entered into an ‘Agreement to Sell’ dated September 23, 2022 for its Land and Building admeasuring…

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CL Educate rounds off a good FY22

FY22 saw CL Educate once again moving ahead purposefully. Several positives emerged: Reported EBITDA had a healthy look, growth returned, surplus real estate was partly disposed, debt reduced and net cash increased, merger of subsidiaries got consummated. The management is now firmly focused on pursuing growth objectives in both EdTech…

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CL’s Career Launcher targeting 7x network expansion in 3 years

We have written earlier that Edtech and Martech player CL Educate is a stock in a positive upcycle. FY22 has already seen a chain of positive developments. CL’s newsletter for its Test Prep business for Nov’21 shows the rapid pace of developments at the company. Some key snippets: CL is…

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CL Educate Q2: Recovery picks up speed

After the FY21 year-end result of CL Educate, we wrote in June’21: In fact, when it looks back at FY21 many years later, it may find that it was a key turning point in its corporate journey. Then after Q1 FY22 results, we wrote in Aug’21: After 2 years –…

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CL Educate heads into a positive cycle

After 2 years – FY20 and FY21 – of hanging tough, CL Educate appears to have entered a cycle of positive developments from FY22. Q1 FY22 results showed early indications of this. Firstly, there are signs of return to growth, despite Covid-2 wave still going strong in Q1 FY22. Stand…

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CL Educate emerges healthier from FY21

FY21 didn’t turn out too bad for CL Educate. In fact, when it looks back at FY21 many years later, it may find that it was a key turning point in its corporate journey. That is not to say it was a rosy FY21 for CL. The global scourge Covid…

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WISDOM IR CASE STUDY – CL EDUCATE LIMITED

Here’s a case study showing Wisdom IR’s research based approach to investor relations works.    

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CL Educate’s Digital Transformation Gathers Pace

Covid and FY21 proved to be a blessing in disguise for digital businesses. CL Educate has reaped the rewards for being Digital ready well before the start of the Covid phase. In FY20, CL Educate was deep into its digital drive in both its key businesses – Education (Career Launcher)…

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CL Educate recovers from Covid Blues

Shares of CL Educate have done well since August 20. CL’s share price was Rs 38 at the end of July. The price rose to Rs 46.5, and is now around Rs 70. This is a smart recovery after the fall CL’s shares had suffered in March due to Covid…

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