Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Zee Learn Limited

NSE: ZEELEARNEducation

Share price

₹6.07

-2.10% close of 9 Oct 2026

Market cap ₹200 CrP/E 7.4

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

51

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹200 Cr

P/E ratio

7.4

P/B ratio

0.8

ROCE

13.0%

ROE

-0.5%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹9.7252-week low ₹4.25

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 9.6% over the past year, and 12.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 18.1% to 23.9% over the last four years.

Whether it grew faster than its sector

It grew 12.8% a year against a sector median of 13.9% — 1.1 percentage points slower.

Room to re-rate, or risk of de-rating

At 7.4× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 27.3×, across 5 companies. It is against its own five-year median of 7.2×, the 52nd percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 26%.

Profit growthPrice per ₹1 profitPer 1% growth
Zee Learn Limited — this one26%/yr7.4×₹0.29
Shanti Educational Initiatives Limited20%/yr495.1×₹24.8
NIIT Learning Systems Limited1%/yr12.3×₹12.3
NIIT Limited41%/yr79.1×₹1.9
Global Education Limited5%/yr27.3×₹5.5
Aptech Limited-28%/yr19.0×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Education), it ranks 5 of 13 on returns, 4 of 12 on growth, 3 of 12 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 13% on capital, ahead of 62% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹355 crore of cash from the business, spent ₹30 crore on plant and equipment, and returned ₹262 crore to lenders and shareholders. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 10 checks clear · 60%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 29 Jul 2026 · Consolidated · Unaudited

Revenue

₹93 Cr

Revenue vs last year

+17.9%

Revenue vs last quarter

-41.4%

Net profit

₹8 Cr

Profit vs last year

+343.2%

Profit vs last quarter

-81.5%

Net margin

9.0%

EPS

₹0.26

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹200 Cr
Prev close
₹6.07
52w High
₹10.1
52w Low
₹4.2
Enterprise value
₹519 Cr
Beta
1.0
Price CAGR 1y
-30.0%
Price CAGR 3y
3.0%
Price CAGR 5y
-15.0%
Price CAGR 10y
-16.0%

Ratios

Return on assets
2.4%
PEG ratio
0.3
P/E ratio
7.4
P/B ratio
0.8
EV / EBITDA
4.9
Industry P/E
23.3
ROCE
13.0%
ROCE 5y average
10.0%
ROE
-0.5%
Debt / Equity
1.6
Interest coverage
2.8
Dividend yield
0.0%
ROE 3y average
14.0%
ROE last year
0.0%

Annual P&L

Annual revenue
₹439 Cr
Annual profit
₹39 Cr
Operating margin
24.0%
Net profit margin
8.9%
EBITDA margin
23.7%
Sales growth 3y
10.7%
Sales growth 5y
11.3%
Profit growth 3y
26.0%
Profit growth 5y
14.0%
EPS
₹1.2
Sales growth TTM
10.0%
Profit growth TTM
34.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹93 Cr
Profit latest quarter
₹8 Cr
YoY quarterly sales growth
17.9%
YoY quarterly profit growth
343.2%
OPM latest quarter
34.9%

Balance Sheet

Book Value
₹7.1
Face Value
₹1.0
Total debt
₹379 Cr
Total cash
₹60 Cr
Borrowings
₹379 Cr
Reserves / Equity
6.1

Cash Flow

Operating cash flow
₹108 Cr
Free cash flow
₹95 Cr
FCF yield
28.4%
Net cash flow
₹31 Cr

Shareholding

Promoter holding
15.0%
FII holding
6.5%
DII holding
0.3%
Public holding
78.2%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Shanti Educat.178.00493.32,8660.002.8-2.816.37.510.3
NIIT Learning200.4512.12,7691.5857.48.8565.125.220.9
NIIT81.9880.01,1231.227.560.195.713.72.2
Vinsys IT Serv.581.0028.88570.0021.49.5148.424.121.4
Global Education140.5029.07150.684.40.213.5-6.129.2
Aptech85.6819.14975.257.711.3133.811.115.4
Career Point Edu182.0014.23311.378.012.914.3-0.147.8
Zee Learn6.277.72060.008.4313.693.317.913.0
Median159.2528.83050.215.96.718.17.714.2

Competes with: Aptech Limited, Career Point Edutech Limited, Global Education Limited, NIIT Learning Systems Limited, NIIT Limited, Shanti Educational Initiatives Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales106666811680587515979748015993
Expenses866345655752669449627110661
Material Cost0000
Change in Inventories0.53-103.152.62
Purchases of Stock-in-Trade6.44193924
Employee Cost43423517
Other Expenses12204617
Operating Profit193.422251246.528.546530128.745333
OPM %185.153344301111413816113335
Other Income11-5.28-4.521453.776.346.91-120.335.333.85361.73
Exceptional items (within Other Income)00310
Interest128.951110118.279.551013131.39118.05
Depreciation6.836.606.454.208.448.489101111101212
Profit before tax11-170.331828.23-3.89-3.10326.79-5.800.726615
Tax %425.176887.08563.862147725.864683143
Net Profit6.56-18-1.941693.64-4.03-3.76171.90-6.14-2.65458.42
EPS in Rs0.26-0.500.035.190.11-0.12-0.110.520.06-0.19-0.081.390.26
Diluted EPS in Rs-0.19-0.081.380.26

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales128152180269517515257248324356372439406
Expenses97108121166359346214197293260269335300
Material Cost0
Change in Inventories-0.91
Purchases of Stock-in-Trade77
Employee Cost163
Other Expenses95
Operating Profit31435910315816943513197103104106
OPM %24293338313317201027282426
Other Income424332105631-40814654647
Exceptional items (within Other Income)27
Interest15202119475951444442393834
Depreciation9101011286450373224364444
Profit before tax1015327611556-21-452176336875
Tax %-0-0-33527559471,6652126143
Net Profit101534498325-21-13-462156133945
EPS in Rs0.310.471.041.512.331.34-0.27-0.08-144.990.391.181.38
Diluted EPS in Rs1.17
Dividend Payout %-0-01074-0-0-0-0-0-0-0

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
11%
5 years
11%
3 years
11%
TTM
10%

Compounded profit growth

10 years
5%
5 years
14%
3 years
26%
TTM
34%

Stock price CAGR

10 years
-16%
5 years
-15%
3 years
3%
1 year
-30%

Return on equity

10 years
7%
5 years
2%
3 years
14%
Last year
0%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital323232333333333333333333
Reserves202218260321399438432430-13150163202
Borrowings372387253257432458444437463360399379
Other Liabilities7768201326616594563547540542915979
Minority Interest0
Total Liabilities6837057469371,4791,5231,4711,4471,0221,0841,5091,593
Fixed Assets941145215361,0011,0701,025987649628615593
CWIP44447893845659535353000
Investments410614211-0-0-0-066
Other Assets140104126303419382394407320456888994
Total Assets6837057469371,4791,5231,4711,4471,0221,0841,5091,593

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3347189249211221262426083108
Cash from Investing Activity-83-40-9-227-491514-6-12-6-13-6
Cash from Financing Activity43-5-173-1527-150-29-37-30-61-63-71
Net Cash Flow-7267-1-13-2200-7731
Free Cash Flow-425173235-44113126238587295

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days467210120374713015230394039
Inventory Days3201111558512123226186168150136
Days Payable15593141734407572,2591,2874517082
Cash Conversion Cycle2118911533-282-478-1,868-1,049-2533912094
Working Capital Days-295-92-69-81-80-152-268-361-343-154-107-44
ROCE %469162014442161513

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters151515151515151515151515
FIIs115.995.995.995.986.386.416.456.576.396.386.51
DIIs0.010.010.010.010.030.030000.170.220.30
Public747979797979797978787878
No. of Shareholders1,51,8471,48,6261,43,4401,41,4941,49,0411,63,2281,68,8491,66,7211,61,3181,58,3481,56,0211,54,521

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -31.5% (₹8.86 → ₹6.07)Brick size ₹0.49 (fixed)Bricks 23
₹8.00₹6.07Nov '25Mar '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹6.07 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

1.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

319inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

123cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Zee Learn Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Education
Classification
Consumer Services › Education
ISIN
INE565L01011

Business segments

  • Educational services and related activities · 71%
  • Training, manpower and related activities · 24%
  • Construction and leasing (for education) · 5%

News impact

Big market events that reach Zee Learn Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

17 Sep 2019unspecified₹0.1
12 Sep 2018unspecified₹0.1
19 Sep 2017unspecified₹0.05
3 Nov 2016interim₹0.05

Splits, bonuses & buybacks

  • daily-prices repair: 10 rows from NSE's archive (replace 3, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
23 Jun 2026SULOCHANA JALANBUY22,29,330₹9.72

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.