CP Capital Limited — Important, 14-02-2025: Financial Result Updates
**Career Point Limited Financial Summary**
Career Point Limited reported consolidated revenues of ₹89.2 crore for the nine months ended December 31, 2024, reflecting a 6% year-over-year growth. Adjusting for extraordinary income, the revenue growth stands at 12.8%, driven primarily by increased demand in the formal education division and franchisee business expansion.
The company posted a consolidated net profit of ₹46 crore, up 7% year-over-year, translating to an Earnings Per Share (EPS) of ₹25.30, with an adjusted growth of 18% when accounting for one-off items. Operating conditions have strengthened, with EBITDA reaching ₹62.6 crore, yielding a robust margin of 70.1%, albeit with a 5% growth in EBITDA compared to the previous year.
Operational costs rose by 10% due to increased expenses related to business expansion and staffing. This cost management indicates effective operational resilience despite inflationary pressures. The consolidated balance sheet reflects a healthy net worth of ₹573 crore as of December 31, 2024, showcasing good financial stability.
From a strategic standpoint, Career Point is focusing on restructuring plans aimed at simplifying its group structure and separating its education and non-education segments. The market sentiment appears positive, with potential for further growth through an efficient operational focus.
Based on the financial results and strategic direction, maintaining a **buy** stance seems reasonable given the company's growth trajectory, effective cost management, and supportive market conditions.
