Zee Learn Limited (ZEELEARN) AI Stock Analysis

• Market Cap: ₹2.23B
• Dividend Yield: N/A
• Average Volume (3M): 27.53K
• Price to Earnings (P/E): 25.2
• Beta (1Y): 1.21
• Revenue Growth: 28.91%
• EPS Growth: -94.80%
• Country: IN
• Employees: 316
• Sector: Services
• Sector Strength: N/A
• Industry: Education & Training Services
• EPS (TTM): -0.19
• Shares Outstanding: 327,062,000
• 10 Day Avg. Volume: 32,923
• 30 Day Avg. Volume: 27,529
• PEG Ratio: -0.15
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.45
• P/FCF Ratio: 2.48
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ₹8.00 ▲(15.61% Upside)

Zee Learn Limited's overall stock score reflects its mixed financial performance and technical analysis. While operational efficiency and cash flow stability are strengths, high leverage and inconsistent profitability are significant risks. The stock's valuation suggests it may be overvalued, and technical indicators show potential bearish momentum.

Positive Factors

Revenue Growth

Zee Learn Limited's revenue growth of nearly 29% indicates strong demand for its educational services, suggesting a robust market position and potential for future expansion.

Operational Efficiency

Improved EBIT and EBITDA margins reflect better operational efficiency, which can enhance profitability and support sustainable growth over the long term.

Cash Flow Stability

Positive cash flow trends indicate that Zee Learn can effectively support its operations and manage debt, providing stability and resilience against economic fluctuations.

Negative Factors

High Financial Leverage

High leverage increases financial risk, potentially limiting flexibility and increasing vulnerability to interest rate changes, impacting long-term financial health.

Inconsistent Profitability

Volatile ROE and inconsistent profitability can hinder investor confidence and affect the company's ability to reinvest in growth opportunities.

Variable Revenue Growth

Inconsistent revenue growth may indicate challenges in maintaining market share or adapting to changing educational demands, impacting long-term strategic planning.

Zee Learn Limited Business Overview & Revenue Model

Company Description

Zee Learn Limited (ZEELEARN) is a prominent Indian education company that operates in the K-12 and higher education sectors. The company focuses on delivering quality education through a variety of formats, including schools, vocational training, and digital learning platforms. ZEELEARN is known for its innovative educational methodologies and partnerships with established educational institutions, providing a comprehensive range of products and services aimed at enhancing the learning experience for students across different age groups.

How the Company Makes Money

Zee Learn Limited generates revenue primarily through the establishment and operation of schools under various brands, including Zee School and Kidzee, which cater to pre-school and primary education markets. The company earns tuition fees from students enrolled in these institutions, which form a significant portion of its revenue. Additionally, ZEELEARN offers vocational training and skill development programs that further contribute to its income. The company also benefits from franchising its educational brands, receiving franchise fees and ongoing royalties from franchisees. Partnerships with educational institutions and government bodies for skill development initiatives and educational projects also provide additional revenue streams, enhancing its overall financial performance.

Zee Learn Limited Financial Statement Overview

Summary

Zee Learn Limited exhibits a mixed financial performance. Improvements in operational efficiency and cash flow stability are positive, but high financial leverage and inconsistent profitability remain concerns. Focus on revenue growth and debt management is crucial.

Income Statement

The company shows a mixed performance in its income statement. Gross profit margin has been relatively stable, but net profit margin has seen fluctuations due to variable net income. Revenue growth has been inconsistent, with some periods of decline. EBIT and EBITDA margins have improved recently, indicating better operational efficiency.

Balance Sheet

The balance sheet reflects moderate financial health. With a high debt-to-equity ratio, the company is highly leveraged, which poses potential risks. ROE has been volatile, reflecting inconsistent profitability. However, the equity ratio shows that a moderate portion of assets is financed by equity, providing some stability.

Cash Flow

Cash flow analysis indicates a positive trend, with growing free cash flow and a reasonable operating cash flow to net income ratio. The company has managed to maintain positive free cash flow, which supports its operations and debt servicing. However, the variability in capital expenditures and financing activities could pose challenges.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.00B	3.93B	3.56B	3.24B	2.48B	2.57B
Gross Profit	1.81B	1.92B	2.61B	2.26B	1.93B	2.00B
EBITDA	1.11B	1.24B	2.41B	-3.76B	800.45M	966.04M
Net Income	109.79M	127.23M	1.63B	-4.43B	-27.24M	-87.93M
Balance Sheet
Total Assets	0.00	15.09B	10.84B	10.24B	14.47B	14.72B
Cash, Cash Equivalents and Short-Term Investments	297.17M	295.19M	225.71M	347.40M	318.82M	129.87M
Total Debt	0.00	3.99B	3.60B	4.63B	4.37B	4.44B
Total Liabilities	-1.96B	13.13B	9.01B	8.83B	8.45B	8.57B
Stockholders Equity	1.96B	1.96B	1.83B	192.38M	4.63B	4.64B
Cash Flow
Free Cash Flow	0.00	718.21M	477.35M	378.08M	613.89M	110.92M
Operating Cash Flow	0.00	828.90M	504.55M	419.79M	625.03M	124.30M
Investing Cash Flow	0.00	-125.64M	-52.79M	-120.22M	-56.36M	142.58M
Financing Cash Flow	0.00	-633.50M	-609.65M	-298.83M	-368.95M	-291.19M

Zee Learn Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.92
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ZEELEARN, the sentiment is Negative. The current price of 6.92 is below the 20-day moving average (MA) of 7.26, below the 50-day MA of 7.51, and below the 200-day MA of 8.27, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 37.96 is Neutral, neither overbought nor oversold. The STOCH value of 10.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ZEELEARN.

Zee Learn Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GLOBAL	75 Outperform	₹4.14B	18.85	―	1.06%	―	―
INDBANK	71 Outperform	₹1.61B	25.52	―	―	-18.35%	-43.75%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
ZEELEARN	55 Neutral	₹2.23B	25.17	―	―	28.91%	-94.80%
MAHEPC	53 Neutral	₹3.60B	25.71	―	―	17.09%	―
CCHHL	45 Neutral	₹2.33B	28.26	―	―	45.17%	―

Zee Learn Limited Corporate Events

Zee Learn Independent Director Dattatraya Kelkar Completes Tenure and Steps Down

Zee Learn Limited announced that the second term of Independent Director Dattatraya Kelkar has concluded, and he has ceased to be an Independent Director with effect from the close of business on 29 December 2025. Kelkar, who served on key board committees including the Audit, Nomination & Remuneration, Stakeholders Relationship, and Corporate Social Responsibility committees, leaves at the completion of his prescribed tenure, with the board formally recording its appreciation for his contributions, signalling an upcoming reshuffle in the company’s board and committee compositions that stakeholders will watch for implications on governance and oversight.