Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Zee Learn Ltd (ZEELEARN)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533287 NSE: ZEELEARN Educational Institutions | Small Cap | Zee Learn Share Price
₹6.82 0.32 (4.92%)
As on 11-Sep'26 16:01
Zee Learn Ltd (ZEELEARN)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533287 NSE: ZEELEARN Educational Institutions | Small Cap | Zee Learn Share Price
₹6.82 0.32 (4.92%)
As on 11-Sep'26 16:01
Key Metrics
Valuation Multiples
Market Cap
₹213 Cr.
Current Price
₹6.8
52-Week Low / High
₹4 / 10
TTM EPS
₹1.4
TTM Sales
₹424 Cr.
Book Value per Share
₹7.5
P/E Ratio
4.73
Higher than its 5-year historical median
Industry PE
95
Price to Book (P/B)
0.87
Lower than its 5-year historical median
Price to Sales (P/S)
0.50
Lower than its 5-year historical median
EV/EBITDA
3.93
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
6.83%
Outperforms industry median
Return on Capital Employed (ROCE)
13.46%
Outperforms industry median
Return on Assets (ROA)
0.99%
Operating Profit Margin
27.8%
Net Profit Margin
3.42%
Gross Profit Margin
22.9%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
8.4%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
7.18%
Net Profit Growth (1 Year)
-
-91.83%
Asset Quality
Promoter Holding
14.98%
Pledged shares (%) of Promoter's holding (%)
29.16%
Reserves
₹213 Cr.
Equity
₹32.8 Cr.
Face Value
₹1
All Time Low / High
₹2.67 / 73.95
Check Before You Invest
Quality
Somewhat GoodValuation
OvervaluedCheck Valuation charts
Price Trend
Weak
Is Zee Learn Ltd a good quality company?
Zee Learn Ltd is a good quality company, based on a consistently good multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Zee Learn Ltd performance compare with that of its Peers?
Revenue growth of Zee Learn Ltd vs industry peers?
Zee Learn Ltd revenue CAGR is 7.10%, compared to the industry median CAGR of 3.21%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Zee Learn Ltd?
Promoters hold 14.98% of the Zee Learn Ltd, with 29.16% of their stake pledged, indicating high pledge risk.
Stock return of Zee Learn Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -16% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Zee Learn Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation ⓘ
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 8% | 12.3% | 18.6% | 19.7% | 18.5% | 7.2% | -7.3% | -73.8% | 33.2% | 29.4% | - |
| Value Creation Index ⓘ | -0.4 | -0.1 | 0.3 | 0.4 | 0.3 | -0.5 | -1.5 | -6.3 | 1.4 | 1.1 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 139 | 160 | 186 | 210 | 194 | 90.3 | 104 | 190 | 253 | 274 | 327 |
| Sales YoY Gr. | - | 15.3% | 16.1% | 12.6% | -7.4% | -53.5% | 15.2% | 83.1% | 32.6% | 8.4% | - |
| Adj EPS ⓘ | 0.5 | 1.1 | 1.4 | 1.9 | 2.1 | 0.5 | -0.2 | -11 | 1.6 | 1.7 | 2.9 |
| YoY Gr. | - | 140.4% | 24.8% | 34% | 11.1% | -75.7% | -129.4% | NA | NA | 7.6% | - |
| BVPS (₹) ⓘ | 7.8 | 9 | 10.7 | 12.5 | 14.5 | 15 | 12.5 | 1.6 | 3.1 | 4.9 | 8.3 |
| Adj Net Profit ⓘ | 15.1 | 36.4 | 46.1 | 61.7 | 68.6 | 16.7 | -5 | -358 | 51.4 | 55.5 | 94 |
| Cash Flow from Ops. ⓘ | 24.5 | 72.3 | 104 | 98.8 | 81.2 | 17.7 | 54.1 | 35.6 | 54.3 | 82.9 | - |
| Debt/CF from Ops. ⓘ | 5.6 | 1.8 | 1.3 | 1.8 | 2.2 | 11 | 3.6 | 5.6 | 3.6 | 2.4 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 7.8% | 7.1% | 38.1% | 8.4% | ||||
| Adj EPS ⓘ | 15.4% | -4.1% | NA | 7.6% | ||||
| BVPSⓘ | -5% | -19.4% | -26.7% | 58.2% | ||||
| Share Price | -15.8% | -12.3% | 9.7% | -25.2% | ||||
Key Financial Parameters ⓘ
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 6.2 | 13.3 | 14.2 | 16.1 | 15.4 | 3.4 | -1.1 | -151.4 | 62.2 | 41 | 43.6 |
| Op. Profit Mgn % ⓘ | 17.6 | 25.3 | 39 | 44.6 | 51.7 | 29.4 | 33.4 | 29.6 | 35.4 | 33.6 | 27.4 |
| Net Profit Mgn % ⓘ | 10.8 | 22.7 | 24.7 | 29.4 | 35.3 | 18.5 | -4.8 | -187.8 | 20.4 | 20.3 | 28.8 |
| Debt to Equity ⓘ | 0.6 | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 0.5 | 3.9 | 1.9 | 1.2 | - |
| Working Cap Days ⓘ | 163 | 210 | 351 | 340 | 332 | 883 | 643 | 189 | 294 | 744 | 584 |
| Cash Conv. Cycle ⓘ | 15 | 4 | -3 | -10 | -14 | -6 | -51 | 15 | 30 | 30 | -12 |
Valuation of Zee Learn - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 29.16 | 29.16 | 29.16 | 29.16 | 29.16 | 29.16 | 29.16 | 29.16 | 29.16 | 29.16 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 152 | 180 | 269 | 517 | 515 | 257 | 248 | 324 | 356 | 372 |
| Operating Expenses ⓘ + | 116 | 121 | 167 | 360 | 346 | 214 | 200 | 299 | 260 | 269 |
| Operating Profit ⓘ | 36 | 59 | 102 | 158 | 168 | 43 | 47 | 25 | 96 | 103 |
| Operating Profit Margin (%) | 23.8% | 32.8% | 38.0% | 30.5% | 32.7% | 16.8% | 19.1% | 7.8% | 27.1% | 27.8% |
| Other Income ⓘ + | 9 | 4 | 4 | 32 | 42 | 56 | 34 | 20 | 22 | 21 |
| Interest ⓘ | 20 | 21 | 19 | 47 | 59 | 51 | 44 | 44 | 42 | 39 |
| Depreciation ⓘ | 10 | 10 | 11 | 28 | 64 | 50 | 37 | 32 | 24 | 36 |
| Profit Before Tax ⓘ | 15 | 32 | 76 | 115 | 56 | -2 | 1 | -452 | 176 | 33 |
| Tax ⓘ | 0 | -1 | 26 | 31 | 31 | 19 | 14 | 10 | 21 | 20 |
| Profit After Tax | 15 | 34 | 49 | 83 | 25 | -21 | -13 | -462 | 156 | 13 |
| PAT Margin (%) | 10.0% | 18.6% | 18.3% | 16.1% | 4.9% | -8.2% | -5.3% | -142.0% | 43.7% | 3.4% |
| Adjusted EPS (₹) | 0.5 | 1.0 | 1.5 | 2.3 | 1.3 | -0.3 | -0.1 | -13.6 | 5.0 | 0.4 |
| Dividend Payout Ratio (%) | 0% | 9.60% | 6.60% | 4.30% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 250 | 287 | 348 | 426 | 466 | 458 | 457 | 14 | 177 | 195 | |
| Debt + | 372 | 239 | 242 | 379 | 318 | 356 | 365 | 376 | 330 | 355 | |
| Minority Interest | 0 | 0 | 0 | 181 | 162 | 150 | 140 | 122 | 0 | 0 | |
| Trade Payables | 9 | 12 | 8 | 48 | 58 | 92 | 74 | 70 | 13 | 12 | |
| Others Liabilities ⓘ | 74 | 198 | 334 | 354 | 432 | 336 | 335 | 359 | 556 | 937 | |
| Total Liabilities ⓘ | 705 | 736 | 932 | 1,387 | 1,436 | 1,393 | 1,369 | 941 | 1,076 | 1,500 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 114 | 129 | 179 | 712 | 774 | 475 | 438 | 102 | 117 | 126 | |
| CWIP ⓘ | 478 | 93 | 84 | 56 | 59 | 53 | 365 | 53 | 0 | 0 | |
| Investments ⓘ | 10 | 398 | 372 | 291 | 306 | 0 | 0 | 0 | 0 | 6 | |
| Inventories | 11 | 14 | 9 | 13 | 18 | 11 | 5 | 26 | 27 | 26 | |
| Trade Receivables | 30 | 50 | 15 | 53 | 67 | 91 | 103 | 26 | 38 | 41 | |
| Cash Equivalents | 12 | 17 | 24 | 27 | 16 | 13 | 32 | 35 | 23 | 30 | |
| Others Assets ⓘ | 52 | 35 | 249 | 234 | 196 | 750 | 426 | 698 | 871 | 1,272 | |
| Total Assets ⓘ | 705 | 736 | 932 | 1,387 | 1,436 | 1,393 | 1,369 | 941 | 1,076 | 1,500 | |
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 47 | 189 | 249 | 21 | 122 | 12 | 63 | 42 | 60 | 83 |
| Cash Flow From Investing Activity ⓘ + | -42 | -9 | -227 | -49 | 15 | 14 | -6 | -12 | -5 | -13 |
| Cash Flow From Financing Activity ⓘ + | -5 | -173 | -15 | 27 | -150 | -29 | -37 | -30 | -61 | -63 |
| Net Cash Flow ⓘ | -0 | 6 | 7 | -1 | -13 | -2 | 20 | 0 | -6 | 7 |
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 6.23 | 12.48 | 15.52 | 21.54 | 5.63 | -4.58 | -2.88 | -196.35 | 163.26 | 6.83 |
| ROCE (%) | 5.64 | 8.99 | 16.38 | 21.96 | 13.47 | 5.85 | 5.26 | -62.72 | 45.82 | 13.46 |
| Asset Turnover Ratio | 0.22 | 0.25 | 0.32 | 0.45 | 0.36 | 0.18 | 0.18 | 0.28 | 0.35 | 0.29 |
| PAT to CFO Conversion(x) | 3.13 | 5.56 | 5.08 | 0.25 | 4.88 | N/A | N/A | N/A | 0.38 | 6.38 |
| Working Capital Days | ||||||||||
| Receivable Days | 55.20 | 80.50 | 44.10 | 23.90 | 42.30 | 112.20 | 143.10 | 72.80 | 32.80 | 38.40 |
| Inventory Days | 46.20 | 24.90 | 15.60 | 7.90 | 10.90 | 20.10 | 11.50 | 17.50 | 27.40 | 26.20 |
| Payable Days | 115.70 | 122.90 | 93.30 | 257.20 | 691.30 | 1,837.30 | 1,447.60 | 462.70 | 238.40 | 71.90 |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Zee Learn Ltd FAQs
The current trading price of Zee Learn on 11-Sep-2026 16:01 is ₹6.82.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Sep-2026 the market cap of Zee Learn stood at ₹213.0 Cr
The latest P/E ratio of Zee Learn as of 10-Sep-2026 is 2.27.
The latest P/B ratio of Zee Learn as of 10-Sep-2026 is 0.79.
The 52-week high of Zee Learn is ₹10.45 and the 52-week low is ₹4.18.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Zee Learn is ₹327 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Zee Learn Ltd is a average quality company.
The key valuation ratios of Zee Learn Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Zee Learn Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Zee Learn Ltd
Zee Learn is a prominent name in the Indian education sector, delivering high-quality education and training through its diverse portfolio of brands - Kidzee, Mount Litera Zee Schools (MLZS), Zee Institute of Media Arts (ZIMA), and Zee Institute of Creative Art (ZICA). The company built further on its legacy of innovation and excellence in pedagogy, expanding its reach across India and Nepal, and launched a new curriculum solution, ZNIUS.
The company’s strong brand equity and reputation for quality education remain key differentiators, reinforced by multiple awards and recognitions. Zee Learn operates through a robust franchise network and has made strategic investments in infrastructure, digital platforms, and curriculum innovation - most notably with the launch of Litera Nova and a suite of Value Added Services (VAS) across its K-12 segment. The newly launched ZNIUS offers a comprehensive, end-to-end academic solution tailored to meet the evolving needs of schools.
Supported by a seasoned management team with deep expertise in education and business operations, Zee Learn is well-positioned to navigate evolving market dynamics and continue delivering innovative, learner-centric solutions across its verticals.
Business area of the company
The company is engaged in the business of delivering learning solutions and training to the entire spectrum of society from toddlers to teens through its multiple products. The company has diverse portfolio of brands - Kidzee, Mount Litera Zee Schools (MLZS), Zee Institute of Media Arts (ZIMA), and Zee Institute of Creative Art (ZICA).
Brands of the company
- Kidzee Preschool
- Mount Litera World Preschool
- Mount Litera Zee School
- Mount Litera School International
- ZICA
- ZIMA
- Liberium
- ZNIUS
Awards
- 2009: KIDZEE – Best Franchisor In Education, 2009 by Silicon India
- 2009: MLZS – Best Franchisor In Education, 2009 by Silicon India
- 2009: Kidzee – Winner Of “Best Content and Delivery” award by Indian Educational Congress
- 2011: MLZS – Winner of “Best Content and Delivery” Award 2011
- 2012: Zee Learn Wins INDIA’s Best Companies to Work for 2012 Award
- 2014: ZICA – Wins Laurels Award 2014
- 2014: Winner of Franchise India “Franchisor of the Year” award 2014 in Education and Training
- 2015: Mount Litera Zee School bags top ranks at Digital Learning India’s – Top Schools of India Ranking Issue for 2015
- 2015: Zee Learn awarded “Most Trusted Educational Brand”
- 2015: MLZS wins “K12 Chain of the Year- National” award 2015
- 2015: KIDZEE SAT Bags the Award for Outstanding Outdoor Campaign at Outdoor Advertising Awards 2015
- 2015: Zee Learn Ltd. wins the ‘Make In India Award for Excellence – 2015'
- 2015: ZEELEARN Bags the Award for Best Innovative Learning Tools by Edutech Entrepreneurship Awards
- 2015: Kidzee ranked among the best franchised preschools in Mumbai by Times of India Survey
- 2016: KIDZEE Wins ‘National Early Child Playschool Chain of The Year’ Award at Indian Education Awards 2016
- 2016: KIDZEE WINS THE Fast 50 Brands Awards 2016 India’s one of the fastest growing brands, 2016
- 2016: Zee Learn & Kidzee Honoured at National Awards for Marketing Excellence 2016
- 2018: Zee Learn awarded Franchisor of the year 2018 by franchising India
- 2018: Luminosity conferred with the prestigious IDC Insights Award 2018 in Chandigarh
- 2019: Kidzee ranked amongst Top 100 Franchise Opportunities for the year 2019
- 2019: Kidzee awarded as National Early Child Playschool Chain 2019 and Mount Litera Zee School were awarded as the and National K12
- 2019: Dream Company to Work for in Education Sector
- 2019: Great Place To Work
- 2020: Kidzee has been awarded as the National Early Child Playschool Chain 2020 at the Indian Education Awards. (March 2020)
- 2020: Zee Learn was awarded as the Most Desired Brand in Education under the diversified category by TRA. (March 2020)
- 2020: Mount Litera Zee School recognised as the “K12 School Chain of the year (National)” by Education Innovation Conclave and Awards.
- 2021: Zee Learn selected as India’s Most Admirable Education Brand 2020 by The Brand Story
- 2021: Kidzee recognised as Leading Preschool Chain (National) and awarded for Innovation in Preschool Pedagogy & Innovation in Curriculum in Early Childhood Development
- 2021: Mount Litera Zee School awarded for Innovation in Special Needs Education at the 17th World Education Summit 2020
- 2021: Zee Learn wins the award for Dream Companies to Work For in Education Sector at the World HRD Congress 2021
- 2021: Zee Learn recognised by ASSOCHAM for its Diversity & Inclusion Practice
- 2022: Zee Learn awarded Dream Companies To Work For - Education Sector - March 2022.
- 2023: Tech Circle – Business Transformation Award 2023
- 2023: Radio City Business Titans – Excellence in The Category of Preschool 2023
- 2023: Forbes DGEM – Listed as 200 Select Companies with Global Business Potential 2023
- 2023: The Fortune Leadership Awards – Education Brand of the Year 2023
- 2024: Best Education Brands Zee Learn – 2024 by Economic Times
- 2024: Educator of the Year 2024
- 2024: Innovation in Pre-school Pedagogy – Kidzee at Elets World Education Summit 2024
- 2024: India School Merit Awards 2024 (MLZS Karnel)
- 2025: Best Pre-school Chain of the year 2025 – Kidzee at Indian Education Award 2025
- 2025: Best Shikshan Mitra Award by Maharahtra English School Trustee Association
- 2025: Preschool Franchisor of the Year at Elets World Education Summit 2025
- 2025: Best National K–12 School Chain for Curriculum Innovation at Elets World Education Summit 2025
You have 47 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
