CL Educate Ltd
CL Educate Ltd (CLEDUCATE)

CL Educate Ltd (CLEDUCATE)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-17.3 %
3 Month Return9.56 %
1 Year Return178.8 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 1
Rank 1
Rank 2
Dividend Yield
Rank 3
Rank 8
Price To Book Ratio
Rank 1
Debt To Asset
Rank 7

Company Information

CL Educate Limited is a welldiversified and technology enabled provider of education products and services across the education value chain. It operates in two segments namely Consumer Services and Enterprise Services. The company has emerged as a market leader in its core consumer and enterprise focused businesses and continues to entrench itself with multiple product offerings across physical and digital channels of delivery.Consumer Services includes the businesses of Test Preparation and Training Test Prep Publishing and Content Development Campus Recruitment Training CRT program whereas Enterprise Services includes integrated solutions for Corporates and Educational Institutions Universities. Under the Enterprise Services the company offers integrated solutions to educational institutions and universities across India Student recruitment services Research Incubations services through its brands CL Media and Accendere and Career Development Center. Under the same segment company offers services to Corporates under the brand Kestone. For the corporate sector the company offers integrated Sales Marketing Services Digital MarComm Services Customized Engagement Programs CEP and Manpower Management Training.CL Educate Limited was incorporated in New Delhi as Career Launcher India Private Limited on April 25 1996 under the companies Act 1956 with the Registrar of Companies. The company has commenced its business operation in 1996. Pursuant to a resolution of the shareholders dated April 25 2000 the company was converted to a Public Limited Company and the name of the company was changed to Career Launcher India Limited and a fresh certificate of incorporation dated June 17 2000 issued by the Registrar of Companies. Pursuant to a resolution of the shareholders dated February 28 2011 the name was changed to CL Educate Limited and a fresh certificate of incorporation dated March 18 2011 issued by the Registrar of companies. On 31 March 2017 the company successfully issued IPO and was listed on the Bombay Stock Exchange BSE and National Stock Exchange NSE.In April 2017 the company acquired ETEN the test preparation business division of Pearsons IndiaCan Education. ETEN is a pioneer in techbased satellite coaching for Chartered Accountant CA and Civil services IAS. The company also completed 100 acquisition of Accendere Knowledge Management Services AKMS a knowledge management company specializing in incubating research programs for universities and corporates and consulting for admissions abroad. CL Educate had initially acquired 51 stake in AKMS in September 2015 and acquired the balance 49 between April 2017 and November 2017.In October 2017 the company acquired 50.7 stake in ICE GATE an educational services firm which provides coaching for GATE and related exams.
OrganisationCL Educate Ltd