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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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…
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%…
Read More The initial reaction of the market to the Q4 and full year FY23 results of CL Educate (NSE: CLEDUCATE, BSE: 540403) was negative. The stock fell 2% on 11-May-23 to close at Rs 53.15, the Thursday of the last week, the day the results were declared. However, the next day,…
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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…
Read More 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…
Read More 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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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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