ZEELEARNConsumer Discretionary

Zee Learn Limited

Education · ISIN INE565L01011 · BSE 533287 · NSE EQ · FV ₹1
Last price
₹6
+3.01%today
What this company does

Zee Learn Limited operates in Education, part of the Consumer Discretionary sector. It booked ₹55 cr of revenue in its latest quarter (Q2 FY27) and kept -3.1% of sales as profit. It is the 6th largest of 9 Education companies we track, by market value.

Their stated mission

“is to help that spark shine bright.”

In the report:
47out of 100
Equitytale Health Score
Mixed

Healthier than 47% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 69–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
36

At close. Not part of the score.

Profitability & returns25

How much profit it earns on the money it employs

Balance sheet14

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency66

Whether sales and profit have grown, and how steadily

Valuation75

What today's price implies, against our models or its peers

Governance & risk38

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watch
Strengths
—
Watch-outs
! Currently loss-making
! Thin -3.1% net margin
! Sales down 26% vs last year
! 29.2% of promoter stake pledged
! Low -2.8% return on equity
! Carries high debt (D/E 1.4)
! Operating cash flow is negative

What if I invest in ZEELEARN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹6▲ +3.01%
latest close · 2026-11-04
1-year return
-59.5%
52-wk low ₹552-wk high ₹21
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio0.82Below book
Below bookModerateHigh
EV / EBITDA6.3Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-2.8%Loss
WeakFairStrong ▸15%
Return on capital7.2%Weak
WeakFairStrong
Net margin-3.1%Loss
ThinDecentStrong
EBITDA margin39.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.44High
LowModerateHigh ▸1
Interest cover1.1×Risky
RiskyOkayStrong ▸5×
Current ratio0.89Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹200 cr
Book value
₹7
EPS
₹-0.05
latest quarter
Net debt
₹344 cr
owes more than its cash
Enterprise value
₹544 cr
EBITDA
₹86 cr
annualised
EBIT
₹38 cr
annualised
Operating margin
17.6%
Return on assets
-0.4%
Earnings yield
—
P/S
0.91
Sales / share
₹6.4
Tax rate
431.4%
Face value
₹0
Shares
34.4 cr
Working capital
₹-115 cr
Current assets
₹910 cr
Current liabilities
₹1,025 cr
Delivery %
72.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹6–₹8, midpoint ₹7

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹55 cr
Other Income₹4 cr
Total Income₹58 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹7 cr
Inventory Change (±)₹1 cr
Employee Benefit Expense₹16 cr
Finance Costs₹9 cr
Depreciation & Amortisation₹12 cr
Other Expenses₹14 cr
Total Expenses₹59 cr
Exceptional Items₹1 cr
Profit before Tax₹50.9 L
Tax Expense₹2 cr
Net Profit₹-2 cr
Net margin on total income-3.0%
Where the money goes · Q2 FY27
% of total spend
Materials + stock-in-trade₹8 cr13.5%
Employee benefit expense₹16 cr25.4%
Finance costs₹9 cr14.9%
Depreciation & amortisation₹12 cr19.6%
Other expenses₹14 cr23.1%
Tax expense₹2 cr3.6%
Total income ₹58 cr

The company made a net loss of ₹2 cr this quarter — income covered only ₹95 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue177 cr93 cr55 cr
Total income182 cr97 cr58 cr
Expenses147 cr80 cr59 cr
Profit before tax66 cr17 cr50.9 L
Tax21 cr6 cr2 cr
Net profit (owners' share)45 cr8 cr-2 cr
Net margin (owners' share, on revenue)25.7%9.0%-3.1%
EPS (₹)1.390.33-0.05
YoY (latest quarter): total income -26.9% · net profit —
Balance sheet & cash flow · as of Sep 2026
High debt
Total assets
₹1,556 cr
Shareholder equity
₹243 cr
parent shareholders
Total debt
₹350 cr
Cash
₹6 cr
Cash flow · H1 FY27
Operating
₹-20 cr
Investing
₹7 cr
Financing
₹-39 cr
Peer comparison
Education · by market value
CompanyPriceMarket capP/E
NIIT Learning Systems Limited₹167₹2,302 cr15.4
NIIT Limited₹69₹946 cr—
Aptech Limited₹80₹465 cr15.2
Career Point Edutech Limited₹167₹304 cr8.6
CL Educate Limited₹46₹251 cr7.6
Zee Learn Limitedthis company₹6₹194 cr—
Compucom Software Limited₹13₹100 cr18.5
Tree House Education & Accessories Limited₹6₹25 cr—
DSJ Keep Learning Limited₹1₹21 cr33.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
—
trailing 12 months
Dividend / share (TTM)
—
Last dividend
₹0.1
ex 17 Sep 2019
ActionDetailEx-date
Dividend₹0.1 / share17 Sep 2019
Dividend₹0.1 / share12 Sep 2018
Dividend₹0.05 / share19 Sep 2017
Dividend₹0.05 / share3 Nov 2016
Who owns it · 2026-09-30
⚑ 29.2% pledged
Promoter
15.0%
FII / Foreign
6.3%
DII / Domestic
0.3%
Retail / others
78.4%
Promoter stake down 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
SoldAsian Satellite Broadcast Private Limited · Promoters1.16 cr · ₹10.5 cr28 Apr 22
SoldAsian Satellite Broadcast Private Limited · Promoters78.90 L · ₹11.9 cr1 Jul 21
SoldESSEL MEDIA VENTURES PRIVATE LIMITED · Promoters21.10 L · ₹3.2 cr1 Jul 21
Bulk / block deals
BoughtSULOCHANA JALAN · NSE22.29 L @ ₹9.7223 Jun 26
SoldRATTANINDIA FINANCE PRIVATE LIMITED · NSE17.02 L @ ₹5.048 Apr 26
BoughtMANSI SHARE AND STOCK ADVISORS PVT LTD · NSE18.71 L @ ₹7.8322 Nov 24
Stake changes
SoldMoon Capital Trading Pte. Ltd.→ 4.44% · 5.00 L28 Sep 23
DisposalAsian Satellite Broadcast Private Limited · promoter→ 1.00%28 Apr 22
SoldPolus Global Fund→ 4.17% · 32.00 L8 Sep 21
Promoter pledges
InvokedIDBI Trusteeship Services Limited on behalf of ESOF Fund and other Debentureholders1.16 cr · 3.57% held28 Apr 22
InvokedIDBI Trusteeship Services Ltd on behalf of ESOF Fund and other Debentureholder21.10 L · 0.65% held1 Jul 21
InvokedIDBI Trusteeship Services Ltd on behalf of ESOF Fund and other Debentureholder78.90 L · 5.99% held1 Jul 21
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2026
See the official result
1
Adoption of Standalone and Consolldated Financial Statements of the Company for the financial year ended March 31, 2026.
Backed by 85% of shareholders other than promotersneeded 50%
1.07 cr votes for, 18.31 L against · 100% of mutual funds and other big investors said no
2
To re-appoint Mr. Manish Rastogi (DIN: 10056027), Director of the Company, liable to retire by rotation, being eligible, offers himself for re-appointment.
Backed by 54% of shareholders other than promotersneeded 50%
59.67 L votes for, 51.08 L against · 0% of mutual funds and other big investors said no
3
Payment of Remuneration to M/s. Valbhav P. Joshi & Associates., Cost Accountants (Firm Registration No. 101329), the Cost Auditors of the Company for the Financial Year 2026-27
Backed by 95% of shareholders other than promotersneeded 50%
1.05 cr votes for, 5.65 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 67 named members
owning 15.0% between them · as of 2026-09-30
Essel Holdings Ltd8.81%
Jayneer Infrapower & Multiventures Private Limited5.16%
Asian Satellite Broadcast Pvt Ltd0.99%
Jayneer Enterprises Llp0.01%
Adhikaar Foundationno shares
Adilink Infra & Multitrading Private Limitedno shares
Agrani Utility Works Private Limitedno shares
AG Technology Investments UK Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.