Synopsis:
The shares of this company gained almost 9 percent during today’s trading session following the news of the company securing an order from Government of Maharashtra with a value of Rs 17.61 crore for online and offline coaching services for JEE/NEET/CET examinations.
The shares of this company, which is a leading, integrated education services provider and has evolved into a full-spectrum education partner, were in focus today as the company announced its bagging of orders from the government of Maharashtra for coaching students for JEE/NEET/CET examinations.
With the market cap of Rs 566 crore , the shares of Career Point Edutech Ltd gained almost 9% and reached a high of Rs 334.35 compared to its previous day close of Rs 307.50. The shares are trading near to its 52 week high at Rs 340.35
About the orders
Career Point Edutech Ltd has secured Rs 17.61 Crore Work Order from Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI), Nagpur, an autonomous institute of the Government of Maharashtra.
The order is to provide online and offline coaching services for JEE/NEET/CET examinations to candidates sponsored by MAHAJYOTI belonging to OBC, VJNT, and SBC categories of Maharashtra. The services will include online live interactive lectures, offline mentoring sessions, digital study-material, online test-practice, performance-tracking, and provision of tablets with data-connectivity .
The Payments for the services will be made in instalments linked to course-completion milestones, and the order is for 3,500 students.The work order will be valid for two years and may be extended annually for up to two additional years by mutual consent on similar terms.
Financials and others
The Revenue from operations for the company stands at Rs 14.32 crore in Q1 FY26 compared to Q1 FY25 Rs 13.11 crore which is an increase of 9.23 percent YoY . Similarly, the net profit stood at Rs 7 crore in Q1 FY26 from Rs 4.71 crore in Q1 FY25 giving a growth rate of 49.47 percent YoY.
The company has 4 business divisions , which are formal education , enterprise solution , modular solution and test prep services. The company’s enterprise clients are career point university – Kota, hamirpur , global public school, career point world school etc . Modular solution clients are Lovely professional university, sharda university and many more
The Company is offering services that span the end-to-end management of K–12 schools, colleges, and universities; enabling institutions to deliver high-quality, scalable education. In addition to institutional offerings, the company also offers student-centric services, supporting students and their parents through every stage of their academic and career.
Written by Leon Mendonca
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
