Financial Performance Highlights - H1 FY2027 vs H1 FY2026

Consolidated Performance (All figures in ₹ crore):

  • EBITDA margin expanded by 289 basis points to 18.6%
  • Net EBITDA uplift of ₹6.6 crore achieved
  • Total income declined by ₹13.9 crore
  • Cost reduction of ₹20.5 crore more than offset the income decline

Segment-wise Performance Breakdown

EdTech - Learning & Development Segment:

  • Segment revenue: ₹84.7 crore vs ₹97.4 crore (13.0% decline)
  • Segment EBITDA: ₹18.5 crore vs ₹17.1 crore (8.0% increase)
  • EBITDA margin: 21.8% vs 17.6% (426 basis points expansion)
  • Business-line EBITDA increased 12% despite 13.0% lower revenue

Business Developments - EdTech Segment:

  • Test Prep business continues to face headwinds due to AI penetration and availability of free online resources
  • Test Prep revenue mix reshaped by increase in Network contribution, with positive impact on realization
  • Test Prep EBITDA margin improved to 19.5% vs 16.5% due to cost rebase absorbing lower billing
  • Platform Monetization affected by change in admission cycle and seasonality, with H2 expected to be revenue heavy

Digital Assessments (DEX) Segment:

  • Margin expanded by 171 basis points to 29.2%

MarTech Segment (India and International):

  • EBITDA increased 26.7%
  • Margin expanded to 10.0%

Corporate Structure and Financing

Corporate update included structure and financing actions with status as of November 04, 2026 (specific details not quantified in the disclosure).

Additional Information

The presentation material is hosted on the company's website at www.cleducate.com.

Company Representatives

Arjun Wadhwa - Chief Financial Officer (digitally signed the disclosure)

Investor Contact Details:

  • Arjun Wadhwa, Group Chief Financial Officer: arjun.wadhwa@careerlauncher.com, +91 98116 17289
  • Amit Kanabar, Chief Manager – Finance & Investor Relations: amit.kanabar@careerlauncher.com, +91 88009 76683
  • Ajay Jindal, Wisdomsmith IR: ajay@wisdomsmith.com
  • Muthukumar, Wisdomsmith IR: muthukumar@wisdomsmith.com

Forward-Looking Statements Disclaimer

The presentation contains forward-looking statements subject to risks and uncertainties including regulatory changes, local political or economic developments, and other factors that could cause actual results to differ materially from those contemplated.