April 29, 2016 3:10 PM ET

Diversified Consumer Services

Company Overview of Tree House Education & Accessories Limited

Company Overview

Tree House Education & Accessories Limited, an educational services provider, operates pre-schools in India. The company offers a range of programs for children, including play group, nursery, junior Kindergarten (KG), senior KG, day care services, teacher training courses, summer camps, and hobby classes. It also franchises its schools, as well as leases education infrastructure. In addition, it provides school management services to k-12 schools. As of March 31, 2015, the company operated 612 pre-schools, including 505 self-operated centers and 107 franchised pre-schools. Tree House Education & Accessories Limited was founded in 2003 and is based in Mumbai, India.

301, Embassy Chambers

3rd Road

Khar (West)

Mumbai,  400052

India

Founded in 2003

2,742 Employees

Phone:

91 22 6130 6201

Key Executives for Tree House Education & Accessories Limited

Tree House Education & Accessories Limited does not have any Key Executives recorded.

Tree House Education & Accessories Limited Key Developments

Tree House Education & Accessories Ltd Announces Resignation of Hardik Desai from the Post of Company Secretary and Compliance Officer

Tree House Education & Accessories Ltd. announced that the board has accepted resignation of Hardik Desai from the post of company secretary and compliance officer with effect from March 18, 2016 through resolution by circulation. Hardik Desai had expressed his desire to pursue new opportunities outside the company.

Tree House Education & Accessories Limited Announces Resignation of Sanjaya Kulkarni from the Board of Directors

Tree House Education & Accessories Ltd. announced that Mr. Sanjaya Kulkarni, Independent Director & Chairman has tendered his resignation from the Board of Directors on February 04, 2016.

Tree House Education & Accessories Limited Reports Standalone Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015

Tree House Education & Accessories Limited reported standalone unaudited earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net profit of INR 61.2 million or INR 1.44 per basic diluted share on income from operations of INR 557.8 million compared to net profit of INR 151.2 million or INR 3.89 per basic and diluted share on income from operations of INR 531.1 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 134.0 million compared to INR 255.1 million a year ago. Profit ordinary activities before tax was INR 110.5 million compared to INR 217.1 million a year ago. Operational EBITDA was INR 321.7 million compared to INR 245.3 million a year ago. For the nine months, the company reported net profit of INR 368.8 million or INR 8.72 per diluted share on income from operations of INR 1,820.6 million compared to net profit of INR 437.6 million or INR 11.26 per basic and diluted share on income from operations of INR 437.6 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 134.0 million compared to INR 255.1 million a year ago. Profit ordinary activities before tax was INR 680.6 million compared to INR 761.5 million a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 23, 2015
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