Total Income for FY13 increased by 49.63% to Rs. 121.34 cr.
Tree House Education and Accessories Limited (‘Tree House”), India's
largest self-operated pre-school chain, today, has posted a Total Income of Rs. 121.34 crore in the FY 2013 as
compared to Rs. 81.09 crore (audited) for the FY 2012, representing 49.63%
y-o-y growth. The Net Profit for FY 2013 was Rs. 33.33 crore as compared to Rs. 21.66 crore (audited) for the
entire FY 2012, representing 53.88% y-o-y growth. The EBITDA for FY 2013 was
Rs. 68.87 crore compared to Rs 45.88 vr for FY2012, representing 50.00% y-o-y
growth.
Tree House announced a Total Income of Rs. 31.07 crore for the quarter ended March 31, 2013 compared to Rs 23.40
cr. in the Q4FY2012, representing 32..77% y-o-y growth. Its Net Profit stood at
Rs. 7.34 cr for Q4 FY 2013 compared to Rs 5.06 cr. for the Q4FY2012, representing
45.05% y-o-y growth. The EBITDA for Q4 FY 2013 stood at Rs. 15.86 cr compared
to Rs. 12.16 cr for the Q4FY2012, representing 30.42% y-o-y growth. The EBITDA
margin for Q4 FY 2013 is 51.04% and the Net Profit margin for Q4 FY 2013 was 23.62%.
The board of directors of the company has recommended an increase
in dividend from 10%. Last year to 12.50% in the current year i.e Rs .1.25 per
equity share of face value of Rs 10 each. This is subject to shareholders’
approval.
Mr. Rajesh Bhatia, Promoter and Managing Director, TreeHouse said, “While
announcing the results for FY12, I had said that ‘My team and I are committed
towards delivering above industry growth in revenue and profits in the coming
year’. I am pleased to announce our results for FY13 which show a 49.63% year-on-year
growth in revenue and a 53.88% year-on-year growth in PAT for the company.
While these results are another milestone in our journey, we believe that the journey
has just begun. As we gain acceptance and garner market share in
city-after-city, and as the K12 schools we serve become known for their
quality, the Treehouse brand is becoming stronger day-by-day. We at TreeHouse
are committed in creating a holistic Company catering to all, through both the
TreeHouse brand and the Global champs initiative as we move ahead. We believe
that Education for All, preschool education and Early Childhood Care is
increasingly gaining importance and popularity thanks to our Company’s paradigm
shift in preschool offering via Company operated centers. The thrust towards
this shall continue in the years forward. ”
New Pre Schools opened in Q4 FY2013
·
Net addition of 30 pre schools in the 4th quarter of FY2013.
·
Total number of centers as on March 31, 2013 is 379.
·
Out of this, the number of self operated preschools is 300.
·
Ratio of self operated preschools to total preschools is 79.15%.
Geographical coverage
·
Currently present in 43 cities.
·
New cities launched in the quarter are : Lucknow, Gandhinagar, Palghar,
Nasik and Daman
Same self-operated preschool centers: a comparative study
·
Year-on-year (FY2013 vs. FY2012) revenue
growth in same self-operated preschool centers has been 33.40%.
·
Admissions for the academic year 2013-2014 show good traction .
K-12 school management services
·
The Company provides school
management services to 24 K-12 schools in 3 states.
Staff strength
·
Total staff strength as on March 31, 2013 is 1641, showing a net addition
of 112 employees in the quarter.
·
Total teacher strength as on March 31, 2013 is 1562, representing a net
addition of 109 teachers during this quarter.
·
The teaching staff increased by 7.5% in the quarter. This is due to new
locations opened.
Dividend Announcement
·
The Board of Directors of the Company has recommended an increase in dividend
from 10% last year to 12.50% in the current year, i.e. Rs. 1.25 per equity
share of face value of Rs. 10 each. This is subject to shareholder’s
approval.
Global Champs
·
The Company had announced a unique initiative of opening Global Champs
preschools which aim at providing pre-primary education at very affordable
price points. These preschools cater to community helpers who aspire for
quality education for their children.
·
4 Global Champs centers have been launched this quarter in Mumbai for the
academic year 2013-14.
·
Site for the 5th center has been shortlisted in Dharavi, Mumbai.
Key events in Q4 FY13
·
In addition to the Teacher Training course offered at 34 locations,
Treehouse launched the Teacher Training Correspondence Course.
·
Activity class introduced with new service offerings with value added
products in Art and Craft, Speech and Drama, and Socio Dramatic play.
·
Agreement signed with Partymanao.com for conducting birthday parties in
our centers.
·
We extended the back-end logistic capability by commissioning our 2nd
Central Dispatch Facility ( CDF ) in Andheri, Mumbai
·
Treehouse won the award for India’s best PE/VC backed Education Company
in the VCCircle Awards for 2013.
·
Treehouse was chosen as the best Preschool chain in Western India by
Brand Academy Awards
Tree House Education & Accessories Limited
Tree House Education and Accessories
Limited (NSE code: TREEHOUSE; BSE code: 533540) runs quality preschools and
also provides educational services to K-12 schools throughout the country. TreeHouse has revolutionized the concept of
pre-school pedagogy in India through the use of innovative teaching methods and
child-focused personal care.
For day to day updates on what’s
happening at our centers, follow us on Facebook at www.facebook.com/treehouse.playgroup
For more updates and information on the
Company, please log on to www.treehouseplaygroup.net
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