MoneyWorks4Me analysed the past 10-year performance of Career Point Ltd and arrived at the following conclusion:
The 5-year analysis of Career Point Ltd's performance infers:
We analysed the performance of Career Point Ltd share prices over the last 10 years. Here is what we found out:
Career Point Infosystems was incorporated as public limited company on March 31, 2000, under the Companies Act. The promoter of the company, Pramod Maheshwari has been in the business of tutoring for competitive entrance examinations since 1993 and the business was being administered under proprietorship firms of Pramod Maheshwari, Om Prakash Maheshwari and Nawal Kishore Maheshwari, the companyâ€™s promoters.
The tradition of innovation and excellence
The tradition of innovation and excellence continue with the companyâ€™s quality of education that it imparts to engineering and medical aspirants and its dedication and devotion towards their success in different competitive examinations.
Today, Career Point stands apart and well above the rest on a distinguished platform, as an epitome of success. This could be achieved simply by virtue of the excellent teaching methodology that Career Point has evolved, developed and implemented over the years.
Business area of the company
The company is one of the leading providers of tutorial services in India. It provides tutorial services to high school and post high school students for various competitive entrance examinations including All India Engineering Entrance Examination, Indian Institute of Technology - Joint Entrance Examination and All India Pre-Medical and Pre-Dental Test. The tutorial services are provided through its classroom training programmes conducted through a network of the company operated and franchisee centres. As at December 31, 2009 it had 14 company operated training centres and 18 franchisee centres and during the nine months period ending December 31, 2009 it has received 30,538 enrollments.
The company has a team of 210 faculty members as on December 31, 2009 (excluding faculty members of franchisees) comprising of graduates in engineering and science. It has, over a period of time, built its content repository of over 10,000 pages of text content and over 12,000 minutes of video content for various tutorial services offered by the company. The company plan to use technology as a tool to provide access of its content repository to students across India. To leverage the content repository and to provide a personalized learning environment to its students, it has recorded the lectures of its experienced faculty members through Career Point Knowledge Lab. Further, the company has designed and developed Synchro-School programme to synchronize preparation forcompetitive examination with formal school education.
Recently, the company has forayed into Education Consultancy and Management Services (ECAMS), catering to K-12 and Higher Education segments. Further, to address larger base of potential students, the company has introduced technology enabled education delivery platform for delivering content through â€˜TechEdgeClassâ€™.
Subsidiaries of the company
Career Point Edutech: The company was incorporated under the Companies Act on November 9, 2006. The objects of this company include developing technology based educational solution and software. Career Point Edutech Limited has been instrumental in launching two software products i.e. a2zexam.com and examtayari.com.
Career Point Infra: The company was incorporated under the Companies Act on December 6, 2007. The objects of this company are to acquire land and developing such land for maintaining of schools and educational institutions.