Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 28 Sep - Intimation under Regulation 30 of SEBI (LODR) Regulations , 2015 for allotment of Equity Shares of the Company pursuant to exercise of option ....
Source: Bse
Zee Learn Limited (ZEELEARN)
Small CapServices stocks · Small cap · NSE
Zee Learn Limited operates in Education, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 02:01 pm ISTDetails
Quote21 Oct, 02:01 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:29 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
35BearishSMA20 -12.3% / mo · MACD +
Stock trend: 35
Sector RS: —
Services FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
ZEELEARND candles · FIT view+14.2%TODAY · PROVISIONALLatest price ₹5.78 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-3.8%
RSI
33
MACD hist
-0.00
52W pos
27%
2026-10-21O ₹6.01H ₹6.07L ₹5.71C ₹5.78Vol 1.6L shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
ZEELEARNNifty 500
- ZEELEARN
- -28.4%
- Nifty 500
- -5.6%
- Vs Nifty 500
- -22.8 pp
Chart stats
19 Oct 2026- From 52W high
- -40.5%
- 52W range position
- 31%
- ATR (14)
- 6.9%
- Volume vs 20D
- 0.47x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹5.3 - ₹7.1
₹10.1
₹4.2 - ₹10.1
₹0.4
Latest completed session
20-session average
41.2% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · UNDERVALUED60
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good67
Revenue +17.9% · PAT +343.2% YoY
Technical
Bearish35
Price trend and sector-relative-strength timing.
Valuation
Legacy model+84.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence53
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 67/100Rev +18% YoY · PAT +343% YoY · operating leverage · margin compression
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹93.3 Cr | +17.9% | -41.4% |
| EBITDA | ₹32.6 Cr | +8.6% | -38.4% |
| Operating margin | 34.9% | -298 bps | +170 bps |
| PAT | ₹8.4 Cr | +343.2% | -81.5% |
| PAT margin | 9.0% | +662 bps | -1951 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 7.56
- P/B
- 0.86
- EV/EBITDA
- 3.89
- Market Cap
- 204.00Cr
Profitability
- ROE
- -0.38%
- ROCE
- 13.00%
- ROA
- 2.82%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 11.00%
- EPS 5Y
- 14.00%
- Revenue 3Y
- 11.00%
- EPS 3Y
- 26.00%
Balance Sheet
- Debt/Equity
- 1.61
- Interest Coverage
- 3.12×
- Altman Z
- 0.80
- Book Value
- 7.19
Cash Flow
- FCF Yield
- 50.00%
- FCF Positive Y
- 10/5
- OCF
- 108.00 Cr
- EPS TTM
- 1.38
Shareholding
- Promoter Hold
- 14.98%
- Promoter Pledge
- 29.20%
- Momentum 52W
- 34%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 93.3-41.4% vs prev
Net Profit
₹ CrLatest: 8.4-81.5% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 33. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~14.1% over last month) — short-term momentum negative.
- RSI(14) at 33 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 43% off 52W high · 39% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
41
RS percentile
Stage 1 Base / Transition
1M return
-12.4%
3M return
-28.4%
6M return
+22.7%
1Y return
-30.1%
RS 1D
+4
RS 20D
+1
Sector rank
#12
Industry rank
#68
Stage evidence
- Price is 12.4% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed +1.5% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 67.47+2.58%
RS vs Nifty 50067
Valuation & peers
U-Score 60 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 60 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · UNDERVALUEDValuation30/30
Growth20/25
Quality0/20
Balance Sheet0/15
Cash Flow10/10
Piotroski
6/9 (+3)
Penalties
-3
Raw sum
60
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
60/100 · legacy band UNDERVALUED
Positive drivers
- FCF yield is supportive at 50.0%.
- Fair-value margin of safety is positive at 84.2%.
- Valuation contributes 30/30 to the score.
Main drags
- Altman Z is 0.8, in distress territory.
- Promoter pledge is 29.2%.
- Penalty bucket subtracts 3 points.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
7.6
PB
0.9
EV/EBITDA
3.9
ROE
-0.4%
ROCE
13.0%
FCF Yield
50.0%
Debt/Equity
1.6
MoS
+84.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
60
Previous: 60
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+84.2%
Previous: +83.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
60
60
60
60
60
60
60
60
60
60
60
60
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹14.94
+61.3% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹36.64
+84.2% MoS
PEG
0.40
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
TREEHOUSE
Small
Tree House Education & Accessories Limited
Education
match 78
16
—
-5.4%
—
OVERVALUED
GLOBAL
Small
Global Education Limited
Education
match 71
51
27.2
22.0%
-4%
FAIR VALUE
SEIL
Small
Shanti Educational Initiatives Limited
Education
match 69
25
509.0
8.0%
-1768%
OVERVALUED
CLEDUCATE
Small
CL Educate Limited
Education
match 58
19
—
-9.1%
—
OVERVALUED
MTEDUCARE
Small
MT Educare Limited
Education
match 53
19
—
—
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Zee Learn Limited operates in Education, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
53Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 12th percentile of the scored universe and 10th percentile within Services. Main check: promoter alignment is weak at 34/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
3 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
12th percentile
overall median 67 · Services: 10th pctile, median 66 · Small: 14th pctile, median 66
Evidence depth
Financial-only
3 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
34
weak · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
35
weak · leverage and solvency
Discipline
50
watch · capital discipline
Results
43
weak · quarterly consistency
Trust positives
- ▸FCF yield is 44%.
- ▸10 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Promoter pledge is elevated at 29.2%.
- ▸Altman Z is 0.81.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Promoter holding is only 15%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Zee Learn Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep - Newspaper Advertisement pursuant to Regulation 47 of the SEBI (LODR) Regulations, 2015 for the 16th Annual General Meeting of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Aug - Newspaper Publication regarding Postal Ballot and E-Voting Facility
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.