ZEELEARN

Zee Learn financials

Market cap
₹211 Cr
Sector
Consumer Services

What Zee Learn does

Zee Learn operates a portfolio of education brands rather than a single school chain: Kidzee is a franchised preschool network, Mount Litera Zee School (MLZS) and Mount Litera School International (MLSI) run K-12 schools, ZICA and ZIMA offer vocational training in animation, VFX, gaming, design and media/film production, and Jigyasa University (formerly Himgiri Zee University) provides higher education. The group also runs Liberium, an HR staffing and training business, and has built ed-tech products (Znius, a K-12 curriculum and school-management platform) and made a strategic investment in Vidysea, a study-abroad guidance platform. Revenue is earned through franchising/licensing of the preschool and school brands and directly operated centres.

Segments

  • Pre-primary education (Kidzee)
  • K-12 schools (Mount Litera Zee School / MLSI)
  • Vocational training (ZICA / ZIMA)
  • Higher education (Jigyasa University)
  • HR staffing & training (Liberium)
  • Ed-tech (Znius, Vidysea)
Kidzee preschool centres
2,200+
Cities covered (Kidzee network)
600+ cities across 32 states
Mount Litera Zee K-12 schools
110+
Cities covered (Mount Litera Zee Schools)
99+
Cumulative students enrolled/impacted (Kidzee)
1.80 million
ZICA/ZIMA vocational training centres
30+ centres across 22+ cities
Employees 397 (FY25) Company website

Quarterly results

Q1 FY27: revenue up 17.9%, net profit up 343.2% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue58 75 159 79 74 +28%80 +7%159 +0%93 +18%
EBITDA7 9 65 30 12 +87%9 +2%53 −18%33 +9%
Net profit-4 -4 17 2 -6 −52%-3 +30%45 +169%8 +343%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −25.6% 1Y

₹4.0₹6.0₹8.0₹10.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹9.11 on 10 Sept 2025 → ₹6.78. High ₹9.96 (22 Sept 2025), low ₹4.25 (30 Mar 2026).

Financials, as filed

Revenue fell 44.7% a year over 3 years, FY23 to FY26. Operating margin widened to 26.5%.

Year endingFY23FY24FY25FY26
Revenue₹2.3k Cr₹356 Cr₹372 Cr₹392 Cr
Operating profit₹198 Cr₹96 Cr₹103 Cr₹104 Cr
Operating margin8.5%27.1%27.8%26.5%
Interest₹73 Cr₹42 Cr₹39 Cr₹38 Cr
Depreciation₹107 Cr₹24 Cr₹36 Cr₹44 Cr
Net profit₹-360 Cr₹156 Cr₹13 Cr₹39 Cr
Net margin-15.5%43.7%3.4%9.8%
Cash from operations₹42 Cr₹60 Cr₹83 Cr₹108 Cr
Free cash flow₹38 Cr₹58 Cr₹72 Cr₹95 Cr
ROCE2.0%16.0%15.0%13.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹33 Cr₹33 Cr₹33 Cr₹33 Cr₹33 Cr₹33 Cr
Reserves₹432 Cr₹430 Cr₹-13 Cr₹150 Cr₹159 Cr₹202 Cr
Borrowings₹444 Cr₹437 Cr₹463 Cr₹360 Cr₹421 Cr₹379 Cr
Other liabilities₹563 Cr₹547 Cr₹540 Cr₹542 Cr₹911 Cr₹979 Cr
Total liabilities₹1.5k Cr₹1.4k Cr₹1.0k Cr₹1.1k Cr₹1.5k Cr₹1.6k Cr
Fixed assets₹1.0k Cr₹987 Cr₹649 Cr₹628 Cr₹606 Cr₹593 Cr
Capital work in progress₹53 Cr₹53 Cr₹53 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹6 Cr₹6 Cr
Other assets₹394 Cr₹407 Cr₹320 Cr₹456 Cr₹913 Cr₹994 Cr
Total assets₹1.5k Cr₹1.4k Cr₹1.0k Cr₹1.1k Cr₹1.5k Cr₹1.6k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −0.34 pp while DIIs added +0.30 pp. The shareholder count shrank 7% to 1,54,521.

Promoters
15.0%
FIIs
6.5%
DIIs
0.3%
Public
78.2%

Since Jun 2025

  • Public −0.34 pp
  • DIIs +0.30 pp
  • FIIs +0.06 pp

How it drifted, 12 quarters

Over this window FIIs fell from 10.6% to 6.5% — −4.1 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 15.1%, FIIs 10.6%, DIIs 0.0%, Public 74.3%.Dec '23: Promoters 15.1%, FIIs 6.0%, DIIs 0.0%, Public 78.9%.Mar '24: Promoters 15.1%, FIIs 6.0%, DIIs 0.0%, Public 79.0%.Jun '24: Promoters 15.1%, FIIs 6.0%, DIIs 0.0%, Public 78.9%.Sep '24: Promoters 15.0%, FIIs 6.0%, DIIs 0.0%, Public 79.0%.Dec '24: Promoters 15.0%, FIIs 6.4%, DIIs 0.0%, Public 78.6%.Mar '25: Promoters 15.0%, FIIs 6.4%, Public 78.6%.Jun '25: Promoters 15.0%, FIIs 6.5%, Public 78.5%.Sep '25: Promoters 15.0%, FIIs 6.6%, Public 78.4%.Dec '25: Promoters 15.0%, FIIs 6.4%, DIIs 0.2%, Public 78.4%.Mar '26: Promoters 15.0%, FIIs 6.4%, DIIs 0.2%, Public 78.4%.Jun '26: Promoters 15.0%, FIIs 6.5%, DIIs 0.3%, Public 78.2%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 3 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Zee Learn above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Essel Holdings Ltd 8.81%unchanged
L&T Finance Limited 5.66%unchanged
Jayneer Infrapower & Multiventures Private Limited 5.16%unchanged
Coeus Global Opportunities Fund FPI fund4.49%unchanged
Sulochana Jalan 3.69%+1.40 pp
Mansi Share & Stock Broking Private Limited 3.61%−0.06 pp
Brinda Upadhyaya 2.14%+1.13 pp
Anil Kantiprasad Poddar 1.68%+0.53 pp
Vyoman India Private Limited 1.51%unchanged
Neptune Alpha Fund FPI fund1.46%unchanged
Veena Investments Private Limited 1.08%unchanged
Asian Satellite Broadcast Private Limited 0.99%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Zee Learn

Guides on how to read this kind of business and the numbers that matter.