Tree House Education and Accessories Limited, a unique company providing pre-school and K-12 educational services in India and operating the largest number of self-operated pre-schools in the country, is now included in the BSE Small Cap Index post the latest quarterly review.
As of October 13, 2011, the scrip closed the day at Rs. 176.5 on the BSE. The scrip has posted a consistent increase over the Issue Price of Rs. 129 per share for retail investors and Rs. 135 per share for HNIs/ Institutional investors. From Friday, August 26, 2011; the equity shares of Tree House Education & Accessories Limited were listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities.
The Company has announced an income from operations of Rs. 16.26 crore for the quarter ended June 30, 2011. The EBITDA was Rs. 9.44 crore with an EBITDA margin of 58.1% and Profit After Tax of Rs. 5.22 crore with a PAT margin of 32.1%. Its profit from operations before other income, interest and exceptional items was Rs. 8.30 crore. It registered a net profit of Rs. 5.22 crore for the quarter. The Company's earnings per share for the quarter was Rs. 2.27 crore. For the year ended March 31, 2011, the Company's achieved a net profit of Rs. 9.19 crore on an income of Rs. 39.24 crore.
The Company currently has 230 pre-schools of which 155 pre-schools are self-operated. The Company also provides school management service to 12 K-12 schools. The company currently employs approximately 835 teachers in its pre-schools.
The Company is seeing a strong consumer demand across its pre-school and K-12 management businesses. Also, given the nature of the business, wherein admission trends in the pre-school business are evident at the start of the academic year in the first fiscal quarter, the Company is seeing good visibility for the current fiscal. In general, the Company has a more robust first and third fiscal quarter since the bulk of admissions happen during these quarters.