NSE: GLOBAL
GLOBAL EDUCATION LIMITED
Operates two segments within the education services space. Business Support Activities is the larger stream at 65.4% of segment revenue (Rs. 58.22 crore in FY26), covering student enrollment assistance, admission facilitation, counselling and guidance, student support services, and the supply of educational materials, stationery and uniforms approved by the board on March 27, 2026. Educational Training & Development Activities contributes the remaining 34.6% of segment revenue (Rs. 30.84 crore) through training and development programmes. A pair of wholly owned subsidiaries Global Sports and Music Private Limited (sports and music education) and YOCO Private Limited extend the operations alongside the main segments. Total revenue from operations for FY26 was Rs. 93.85 crore with an EBITDA margin of 41.09%. The largest operating cost lines are other operating expenses at 18% of revenue and employee costs at 15.4%, with depreciation at 4.8% and capex at 10.5% of revenue. The board has declared a final dividend of Rs. 0.50 per share (25% on face value of Rs. 2) for FY26, subject to shareholder approval at the 15th AGM. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Business Support Activities (65%), Educational Training & Development Activities (35%). Service-led education company with two segments covering admissions support and training
Exhibit 1: Financial summary, FY23–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 62 | 74 | 72 | 94 |
| EBITDA (ex other income) | 34 | 44 | 35 | 36 |
| margin % | 55.5 | 59.0 | 48.3 | 38.1 |
| Owners' profit | 0 | 34 | 28 | 27 |
| EPS, as reported (₹) | 11.13 | 16.61 | 5.54 | 5.21 |
| ROE % · ROCE % | 34.6 · 46.2 | 37.9 · 46.6 | 25.6 · 31.0 | 20.2 · 25.9 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 26 | 22 | 24 | 15 |
| Capex | (5) | (4) | (8) | (10) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 25 | 17 | 16 | 15 | 26 | 29 | 24 | 14 |
| Profit before tax | 14 | 6 | 6 | 5 | 9 | 9 | 10 | 5 |
| Net profit | 11 | 6 | 4 | 4 | 7 | 7 | 8 | 4 |
| EPS (₹) | 5.25 | 1.20 | 0.83 | 0.83 | 1.45 | 1.31 | 1.62 | 0.74 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Educational Training & Development Activities | 33 | 35.3 |
| Business Support Activities | 61 | 64.7 |
| Total, before eliminations | 94 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SHANTI EDU INITIATIVES L | 2,930 | 505.6 | 37.78 | 475.3 | 7.7 | 9.7 | — | 3.4 |
| NIIT LEARNING SYSTEMS LTD | 2,348 | 9.5 | 1.44 | 6.0 | 5.8 | 6.3 | — | 15.0 |
| NIIT LIMITED | 973 | 177.6 | 0.91 | — | 0.5 | 0.5 | (16.3) | 1.3 |
| GLOBAL EDUCATION LIMITED ◆ | 731 | 28.0 | 5.57 | 20.4 | 20.2 | 25.9 | — | 41.0 |
| APTECH LIMITED | 476 | 19.4 | 1.92 | 14.3 | 9.5 | 13.4 | 41.4 | 6.8 |
| CAREER POINT EDUTECH LTD | 332 | 12.0 | 3.58 | 12.6 | 18.3 | 23.9 | — | 45.1 |
| Golden Crest Education & Servi | 164 | 695.3 | 14.84 | — | 0.6 | 0.6 | — | 40.6 |
| VJTF EDUSERVICES LTD. | 106 | 73.2 | 0.90 | — | (0.1) | — | (9.7) | 88.6 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 28.0 | 23.7 | 8 of 14 | 46% |
| P/B | 5.6 | 1.9 | 12 of 15 | 21% |
| ROCE | 25.9 | 1.6 | 1 of 16 | 100% |
| ROE | 20.2 | 0.6 | 1 of 15 | 100% |
| Debt / Equity | 0.0 | 0.0 | 1 of 14 | 54% |
| EBITDA margin | 41.0 | 14.1 | 3 of 16 | 87% |
| Revenue growth | (5.3) | (5.3) | 9 of 17 | 50% |
| Profit growth | (11.1) | (20.6) | 7 of 15 | 57% |
| Market cap | 731 | 91 | 4 of 18 | 82% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 4 Nov 2026 · Shareholders approve buyback of 1.475 million shares at Rs 162 | corporate actions | high | — | — |
| 4 Nov 2026 · Shareholders approve Rs 23.90 crore share buy-back | compliance | minimal | — | — |
| 31 Oct 2026 · Additional Marathi publication for Global Education share buy-back | compliance | minimal | — | — |
| 30 Oct 2026 · Global Education publishes buy-back notice for up to 14.75 lakh shares | compliance | minimal | — | — |
| 30 Oct 2026 · Global Education approves buyback of 1.475 million shares at Rs 162 | compliance | minimal | — | — |
| 28 Oct 2026 · Buyback record date fixed at November 18, 2026 | corporate actions | high | — | — |
| 28 Oct 2026 · Buyback record date fixed for 18 November 2026 | corporate actions | high | — | — |
| 28 Oct 2026 · Shareholders approve buyback through tender offer | board shareholder meetings | low | — | — |
| 27 Oct 2026 · Postal ballot on equity share buyback concludes; results pending | corporate actions | high | — | — |
| 26 Oct 2026 · Global Education wins Rs 8.43 crore computer supply order | business updates | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.