The Q2 results of CL Educate (BSE: 540403 | NSE: CLEDUCATE), a diversified education services company, show continued strong growth on the back of the acquisition of the digital exam business, DEXIT GLOBAL. Revenue for Q2 FY26 67% to Rs 164 crore, while EBITDA more than doubled to Rs 24…
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Allen Career Institute, a name synonymous with India’s test prep ecosystem, has reported a sharp decline in its financial performance for FY25. The company’s net profit plummeted by 70%, falling to ₹41 crore from ₹136 crore the previous year. Revenue also dipped slightly to ₹3,067 crore, down from ₹3,473 crore…
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CL Educate Q1 FY26: A Promising Start to a Transformational Year CL Educate (BSE: 540403 | NSE: CLEDUCATE), a diversified education services company, has kicked off FY26 with strong momentum, driven by its newly acquired digital examination business DEX and continued growth in its Martech arm, Kestone. The Q1 FY26…
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Having completed the acquisition of the Digital Exam Assessment (DEX) business of NSEIT Limited, CL Educate is set to begin a new phase in its evolution from FY26. The DEX business showed up for the first time in CL Educate’s financials when it declared its Q4 and full year results…
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In today’s volatile market conditions, value investors are on the lookout for opportunities among undervalued stocks with strong fundamentals. CL Educate Limited, a prominent player in India’s EdTech and MarTech sectors, offers one such compelling investment case, at a share price of Rs 80. At current values, the stock offers…
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CL Educate Limited, a leading Indian education company listed on NSE and BSE, announced the successful closure of its acquisition of the Digital Exam Assessment (DEX) business of NSEIT Limited, a step-down subsidiary of the National Stock Exchange of India (NSE). This acquisition strengthens CL Educate’s position in the fast-growing…
Read More CL Educate’s FY24 show that the company is moving in the right direction in both its businesses. In its education business, the main point for investors to focus on is – how are the new business segments of Study Abroad, CUET and Platform services are growing. In FY24, these business…
Read More CL Educate’s share price rose 40% in 2023. This was the third year in a row when the share price has done well. Since 1 Jan 2021, the share price has moved from Rs 32 to around Rs 102 at the end of 2023, giving a gain of 3.2x in…
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Signs of growth are looking positive for both the EdTech business of CL Educate, while the MarTech business focused on internationalization and improvement of margins. MBA entrance exam numbers moved up after several years of stagnation, raising prospects of better growth for CL Educate’s flagship business: CAT entrance tests. H2…
Read More CL Educate revenues were up about 30% in Q1 FY’24, with strong growth in both EdTech and MarTech business. The management has been saying it is focused on delivering strong growth henceforth, the Q1 results show it is walking the talk. Drilling down, EdTech and MarTech registered 33% and 23%…
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