Zee Learn Ltd (ZEELEARN) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 533287 | NSE: ZEELEARN | Educational Institutions | Small Cap

Zee Learn Share Price

7.04 0.13 1.88%
as on 05-Dec'25 10:40

Zee Learn Ltd (ZEELEARN) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 533287 | NSE: ZEELEARN | Educational Institutions | Small Cap

DeciZen - make an informed investing decision on Zee Learn

Based on:

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Zee Learn stock performance -

Key Ratios
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P/E Ratio (SA):
4.06
Market Cap:
226 Cr.
52-wk low:
5.3
52-wk high:
11.2

Is Zee Learn Ltd an attractive stock to invest in?

1. Is Zee Learn Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Zee Learn Ltd is a good quality company.

2. Is Zee Learn Ltd undervalued or overvalued?

The key valuation ratios of Zee Learn Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Zee Learn Ltd a good buy now?

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.

10 Year X-Ray of Zee Learn:

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 end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

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 majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 8%12.3%18.6%19.7%18.5%7.2%-7.3%-73.8%33.2%29.4%-
Value Creation
Index
-0.4-0.10.30.40.3-0.5-1.5-6.31.41.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 13916018621019490.3104190253274286
Sales YoY Gr.-15.3%16.1%12.6%-7.4%-53.5%15.2%83.1%32.6%8.4%-
Adj EPS 0.51.11.41.92.10.5-0.2-111.61.71.7
YoY Gr.-140.4%24.8%34%11.1%-75.7%-129.4%NANA7.6%-
BVPS (₹) 7.8910.712.514.51512.51.63.14.95.4
Adj Net
Profit
15.136.446.161.768.616.7-5-35851.455.556
Cash Flow from Ops. 24.572.310498.881.217.754.135.654.382.9-
Debt/CF from Ops. 5.61.81.31.82.2113.65.63.62.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.8%7.1%38.1%8.4%
Adj EPS 15.4%-4.1%NA7.6%
BVPS-5%-19.4%-26.7%58.2%
Share Price -16.7% -11.6% -1.5% -19%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
6.213.314.216.115.43.4-1.1-151.462.24133
Op. Profit
Mgn %
17.625.33944.651.729.433.429.635.433.634
Net Profit
Mgn %
10.822.724.729.435.318.5-4.8-187.820.420.319.5
Debt to
Equity
0.60.40.40.50.40.40.53.91.91.20.7
Working Cap
Days
163210351340332883643189294744589
Cash Conv.
Cycle
154-3-10-14-6-51153030-26

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 33.00%

Sales growth is growing at healthy rate in last 3 years 38.09%

Debt to equity has declined versus last 3 years average to 1.22

Sales growth is good in last 4 quarters at 13.67%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Zee Learn Ltd.

Standalone Consolidated
TTM EPS (₹) 1.7 0.3
TTM Sales (₹ Cr.) 286 416
BVPS (₹.) 5.4 5.9
Reserves (₹ Cr.) 143 159
P/BV 1.28 1.18
PE 4.06 25.47
From the Market
52 Week Low / High (₹) 5.25 / 11.15
All Time Low / High (₹) 2.67 / 73.95
Market Cap (₹ Cr.) 226
Equity (₹ Cr.) 32.7
Face Value (₹) 1
Industry PE 39.9

Management X-Ray of Zee Learn:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *29.1629.1629.1629.1629.1629.1629.1629.1629.1629.16
* Pledged shares as % of Promoter's holding (%)

Valuation of Zee Learn - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

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Key Ratios of Zee Learn

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales13916018621019490104190253274
Operating Expenses 115120114116946470134166184
Manufacturing Costs3469643344
Material Costs35324039281521576464
Employee Cost 25272529292420293650
Other Costs 51574338312226466266
Operating Profit 244172941002634568790
Operating Profit Margin (%) 17.6%25.3%38.7%44.6%51.7%29.2%32.4%29.4%34.4%32.9%
Other Income 11131617243034151012
Interest 14151320252624262322
Depreciation 6434985445
Exceptional Items 000000-110-38700
Profit Before Tax 153571879123-72-3476975
Tax 0-1262523610111920
Profit After Tax 153646626917-82-3585054
PAT Margin (%) 10.8%22.7%24.6%29.4%35.3%18.4%-78.9%-187.0%19.8%19.8%
Adjusted EPS (₹)0.51.11.41.92.10.5-2.5-11.01.51.7
Dividend Payout Ratio (%)0%9%7%5%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 25129134840747248940851101161
Share Capital 32323333333333333333
Reserves 2192583163754394563751869128
Minority Interest0000000000
Debt127116125168159195197198194196
Long Term Debt101104112124115111103107110123
Short Term Debt26121344448494918473
Trade Payables912824171917111312
Others Liabilities 6075125164193145148170412793
Total Liabilities 4474946077638408487704297201,162

Fixed Assets

Gross Block29101216454231313344
Accumulated Depreciation244710192522242421
Net Fixed Assets 4656271896824
CWIP 5002000000
Investments 355360336602602602602343341345
Inventories111491318115262726
Trade Receivables89823181611111919
Cash Equivalents 101619102120212126
Others Assets 548923010817420112420303722
Total Assets 4474946077638408487704297201,162

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 247210499811854365483
PBT 153571879123-72-3476975
Adjustment 121352024161144092626
Changes in Working Capital -1295120-13-1722-18-178
Tax Paid -1-5-23-28-21-4-9-9-24-26
Cash Flow From Investing Activity -39-43-106-141-55-9-14-12-6-21
Capex -2-1-2-5-3-0-1-1-2-11
Net Investments -16423-6300000-5
Others -21-46-127-73-52-9-13-11-3-5
Cash Flow From Financing Activity 15-23536-34-9-21-25-49-56
Net Proceeds from Shares 111141000000
Net Proceeds from Borrowing 26-2722196-10-16-100
Interest Paid -7-6-5-7-43-9-8-5-3-2
Dividend Paid 0-2-2-4-400000
Others -50-444-7-6-4-3-36-54
Net Cash Flow 163-6-9-018-2-15

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)6.2113.4614.3216.3315.613.45-18.29-155.9765.7341.3
ROCE (%)7.9812.3218.6219.7318.517.23-7.3-73.833.2129.35
Asset Turnover Ratio0.320.340.340.310.240.110.130.320.440.29
PAT to CFO Conversion(x)1.622.261.61.171.06N/AN/A1.081.54
Working Capital Days
Receivable Days19191727386846212226
Inventory Days50282320295727303936
Payable Days11612393146265444316886772

Zee Learn Ltd Stock News

Zee Learn Ltd FAQs

The current trading price of Zee Learn on 05-Dec-2025 10:40 is ₹7.04.
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 04-Dec-2025 the market cap of Zee Learn stood at ₹226.0.
The latest P/E ratio of Zee Learn as of 04-Dec-2025 is 4.06.
The latest P/B ratio of Zee Learn as of 04-Dec-2025 is 1.28.
The 52-week high of Zee Learn is ₹11.15 and the 52-week low is ₹5.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Zee Learn is ₹285.5 ( Cr.) .

About Zee Learn Ltd

Zee Learn is one of the leading companies in Education in India with the fastest growing chain of K-12 schools and India’s No 1 chain of pre-schools in its portfolio.

Zee Learn acts as a consultant to local entrepreneurs who wish to setup K-12 schools, under its brand name Mount Litera Zee Schools and provides end to end Education management and Advisory services.  Mount Litera Zee Schools is now the second largest chain of schools in the private-unaided category with 65 schools in 48 cities. Launched in December 2008, 50 schools signed up in one year make Mount Litera Zee School the fastest growing school chain in India.

Zee Learn also runs India's No. 1 chain of pre-schools, Kidzee with more than 700 pre-schools in more than 300 cities. Kidzee is a pioneer in organized and standardized pre-schooling in the country. Kidzee has touched the lives of more than 150,000 children since its inception in 2003. During the current FY 2010-11 Kidzee has seen enrolment of more than 36,000 students.

Enabled by its extensive experience in understanding of education and learning, Zee Learn is extending its services to other schools. Zee Learn School Innovations works with existing schools to improve their student outcomes and efficiency through a School Audit that identifies improvement areas.

Zee Learn has also tied up with Gakken Education Co. with an aim to bring the best of Japanese education in the field of science to schools in India. The Zee Learn Gakken Science Academy intends to improve conceptual understanding and develop scientific temper amongst students by providing hands on experiment tools.

In the wake of the recent increase in disposable incomes in the country and rising awareness of global standards of education amongst parents, there is a demand for international standard pre-schools. To meet this requirement, Zee Learn plans to launch a chain of Premium preschools called Mount Litera World Preschools. These pre-schools would be company owned or joint ventures with progressive individuals or entities.  

In Oct 2012 Zee Learn launched ZeeQ the First Edutainment Channel of India, which caters to the needs of children in India.

Business activity

Zee Learn has been involved in offering its educational services right from toddlers to teens to youth for more than a decade. The product and services of Zee Learn may be grouped in three categories:

School Network- Range of K-12 schools and Pre-schools with Indian and international curricula

  • Mount Litera Zee Schools
  • Kidzee Preschools
  • Mount Litera World School
  • Mount Litera World Preschool

School Innovations- Solutions for other existing schools

  • Zee Learn Gakken Science Academy
  • School Management Services

Youth Vocational Education- Institutes to provide vocational education to Youth (10+2 onwards)

  • Zee Institute of Creative Art (ZICA)
  • Zee Institute of Media Arts (ZIMA)

Awards and achievements

  • BrainCafe Budding Scientist Contest 2012’Winners
  • Zee Learn Wins INDIA's Best Companies to Work for 2012 Award
  • Zee Learn Wins Bloomberg UTV’s prestigious CXO Award 2011

  • Winner of Franchise Plus “Franchisor of the Year” award in 2010
  • Winner of Franchising World “Best Franchisor in Education” award in 2009
  • Winner of Franchising World “Best Franchisor in Pre-school education” award in 2007, 2006, 2005, 2004  

Zee Learn was honoured by being chosen as the sole India Representative at OMEP World Congress in August 2010. Zee Learn was chosen for its education philosophy and for having the widest footprint in the country. Its academic head - Mrs Nitya Ramaswami, presented a paper and poster on “Universalisation of quality pre-school education” at 2010 august assembly.

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