Career Point” aims at strengthening their E-learning Portfolio through acquisition of “Schoolnet India”, the education arm of infrastructure financier” IL&FS” REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit In November 2019, “Career Point Publications Ltd (CPPL)” emerged as the sole bidder for the education assets of “IL&FS” for 80% ownership in “IL&FS Skills Development Corp”. held by Schoolnet India However in February 2020, the sale hit a roadblock as one investor refused to sell a stake to Career Point and restricted “IL&FS” from concluding the sale of the education business. The “IL&FS” Group sold a 73.69% stake in its education business, held under “Schoolnet India” Ltd. (SIL), to “Falafal Technologies Pvt. Ltd.” (FTPL) during the same time period. Currently, Career Point has “Plancess Education” under its umbrella for its Ed-tech solutions. The firm acquired the company in early 2019. COVID Impact on Career Point: Though the immediate impact appeared to be negative on some of the business units mainly due to closure of physical study centers/campuses, the management took a quick decision. The company leveraged its technical solutions from the acquisition of “Plancess Education” in 2019 to deliver uninterrupted classes and lectures to its students in online mode during the pandemic. Career Point launched their e-learning project – eCareerPoint App– in midst of the crisis. Very quickly, Career Point achieved its top position in online coaching among other Kota coaching institutes. Growth in Revenue for FY’19-FY’20: In FY’2019-FY’20, the company reported income from operations of ₹104.6 crores on a consol basis and ₹52.1 crores at the standalone level. Total revenue, including other income, is reported of ₹109.9 crores on a consol basis and ₹ 72.8 crores at the standalone level. Revenue from operations grew mainly on the account of increased income from Srajan Capital (NBFC subsidiary) and one-off income in Gyan Eduventure (wholly owned subsidiary). Decrease in Student Enrolment in Tutorial Division: With the increased competition, decentralization of the tutorial student the company is facing a decli0ne in student enrolments in the tutorial division for the past 5 years especially in the short term course category. The decline in tutorial division registered a CAGR of -10.3% for the duration FY’2015-FY’2020, whereas formal education enrollments grew with a CAGR of 19.0% for the same duration Analysts at Ken Research in their latest publication ” Career Point- A Detailed Analysis of Company’s Potential Growth in Future “ observed that Career point needs to focus on key areas such as the opening of more company-owned branches, penetration into rural market, and diversification of product portfolio in order to facilitate remote learning and to expand their student base across India, which will promote the growth of the company in a more structural & organized way by increasing the reach of their services to underpenetrated areas. Key Target Audience: – Investment Bankers Ed-Tech Players Educational Institutions Government/Regulatory Bodies Education Industry Associations Time Period Captured in the Report: FY’2018-FY’2023P Companies Mentioned: Career Point Private Limited Key Topics Covered in the Report: – Overview of the Education Industry in India (Including Number of Schools in India, Recent Trends and Developments in the Education Sector, Allocation of Educational Budget by the Government), National Education Policy(Overview of the National Education Policy, Key highlights of the Policy, Gross Enrolment Ratio of Students in the Sector) Financial Analysis of Career Point (Including Total Revenue, Growth of Revenue (%), Total Expenses, Earnings before Tax & Extraordinary Items, Earnings after Tax (Net Income), Growth of Net Income (%), EPS, and 3 Year Future Cash Flow Analysis and total Revenue Estimates(Discounting Factor Method) Business Overview of Career Point (Including Business Evolution Timeline, Business Services and Offerings, Key Developments, Management Shareholding Pattern, Business Model: Higher and School Education, Subsidiaries) Career Point SWOT Analysis and Analyst Recommendations Post Views: 7 Tags: Best School for IIT Preparation in India, Career point Annual Report, Career Point Balance Sheet, Career Point Balence Sheet, Career Point Broker Report, Career Point Business Model, Career Point Cash Flow Statement, Career point Classroom Version 2.0, Career Point Company Analysis, Career Point Financial Statement, Career Point Future EBITDA, Career Point Future Enrollments, Career Point Future PAT Margins, Career Point Future Revenue, Career Point Future Strategies, Career Point institute Reach in India, Career point Limited Company Profile, Career Point Ltd Yearly Results, Career Point Number of Students in India, Career Point Present Value, Career Point Profit and Loss Reports, career point quarterly results, Career Point Quarterly Statement, Career Point Research Report, Career Point Revenue Growth, Career Point Statement of Profit and Loss, Career Point World School, COVID 19 Impact on Career Point Revenue, Covid Impact on Indian Education Sector, Covid Impact on Presence of Student at Career Point, eCareer Point Subscribers in India, Ed-Tech Players in India, Education Industry Associations, Education Industry in India, Educational Institutes in India, Educational Institutions, Future of Digital Education Market in India, Government/Regulatory Bodies, IIT NEET Exam Preparation Institutions in India, India Education Market, India Online Education Market Analysis, India Online Education Market Size, Indian Ed-Tech Industry, Indian Ed-Tech Market, Kota Online Classes Market, Number of Online Test Prep Companies in India, Number of Schools in India, Online Education Companies in India, Overview of Education Sector in India