CL Educate Limited has informed the Exchange about Transcript

CL Educate's Q3 FY26 earnings call transcript reveals strong 9M FY26 revenue growth of 67% YoY to ₹445 crores, driven mainly by the DEX (formerly NSEIT) digital assessments business, now rebranded as DEXIT Global. EBITDA doubled to ₹59 crores (up 120%), though reported PAT swung to a loss of ₹16 crores due to interest and depreciation costs tied to the ₹210 crore acquisition loan and INDAS adjustments; management noted adjusted PAT would have been positive at ~₹17 crores. The EdTech business continues to face a structural shift toward lower-priced products, with management expecting pressure for another 2-4 quarters, while MarTech showed steady growth led by international markets (~35% of revenue, targeting 50% in 3-4 years). A major new initiative, mySathi (India's first on-demand, computer-adaptive test for 21st-century skills), was launched on January 23, 2026, with 18 universities already empanelled and 75 more in discussion, offering significant per-student monetization potential of ₹6,000-8,000. Management is also planning to raise up to ₹50 crores (promoters extending interim loans) with a clear goal of becoming debt-free within 24-36 months.