>Educomp Solutions Ltd Q4FY10 results were In-line With Our Expectations

The top-line of the company appreciated 48.65% YoY to Rs 273.37cr (inline with our expectations of Rs 264cr).

The bottom line performance of the company was marginally below our research estimations, to Rs 67.52cr. (as against our expectations of Rs. 72 crore)

The EBITDA expanded by 33.27% to Rs 160.08.cr and there was a 23.85% YoY increase in the net profit to Rs 67.52cr. A good revenue growth can be attributed to School Learning Solutions segment which grew by more than 60% Y-O-Y and accounts for 98% of the total revenues of the

company.

COMPANY PROFILE

Educomp Solutions Ltd, formerly known as Educomp Datamatics Limited, was incorporated in 1994 and is based in New Delhi, India. It is India's largest educational service provider with foremost emphasis on the K-12 space.

Educomp group serves over 19,000 schools, 9.4 million learners and educators across the world. Company operates private schools across various cities and has also collaborated with various state governments.

It has 27 offices worldwide. In addition, the Company operates through its various subsidiaries including author GEN, Three brix eServices, Learning.com, USA, AsknLearn Pte Ltd, Singapore and via its associates such as Savvica in Canada.

To read the full report: EDUCOMP SOLUTIONS