CP Capital Limited — Important, 11-11-2024: Financial Result Updates
Total consolidated revenue for the half-year stood at ₹61.8 crore, reflecting a year-over-year growth of 9.7%, driven largely by increased income from the formal education division along with contributions from NBFC and EdTech subsidiaries. The company's EBITDA margin improved significantly to 71.6% with EBITDA of ₹44.3 crore, and net profit rose by 18% to ₹32.8 crore, equating to an EPS of ₹18.02.
Operational costs saw a modest increase of 3% year-over-year, indicating effective cost management amidst revenue growth. As of September 30, 2024, the company’s net worth was reported at ₹561 crore, suggesting strong financial health. The interim dividend of ₹1 per share highlights confidence in cash flow stability.
Investor sentiment may lean towards a buy given the consistent revenue upswing and improved margins, coupled with strategic restructuring to streamline operations and enhance core business focus.
