Business and Financials
WHAT ARE THE COMPANY’S KEY BUSINESS AND SERVICE OFFERINGS?
Career Point Limited is an education company with integrated learning solution across the education value chain. Key offerings include:
- Pre-school: A pre-school chain with the brand name Global Kids
- School Education: Residential as well as day-boarding schools at multiple locations
- Test-Prep (Tutorial) services: Preparing students for various competitive examinations
- Higher Education: Auxiliary education and management services to universities
- Skill Development: Training on various vocational educational courses
- e-Learning: Multiple products through online as well as offline delivery modes
Pre-School
WHAT IS THE STRATEGY FOR GLOBAL KIDS?
Global Kids – the Pre-School chain by Career Point was launched in year 2015-16, after a successful testimony of academic delivery and non-academic pedagogy at Career Point’s existing schools. It has already expanded its network in multiple states. Further expansion will be done through adding new franchisees with incremental premium service offerings.
School Education
GROUP’S PRESENCE IN SCHOOL EDUCATION?
- Global Public School, Kota (Rajasthan) since 2002-03
- Career Point World School, Jodhpur (Rajasthan) since 2013-14
- CP Gurukul, Kota: Operational since 2013-14
- CP Gurukul, Mohali: Operational since 2016-17
- CP Gurukul, Rajsamand: will be operational by 2017-18
WHICH BOARD THESE SCHOOLS AFFILIATED TO?
CBSE (Central Board of Secondary Education)
THESE SCHOOLS ARE DAY-BOARDING OR RESIDENTIAL?
We have both category of schools – Day-boarding schools as well as Schools with Hostel facility. In fact, we also have third category of schools – known as ‘CP Gurukuls’ which are premium residential schools with many other facilities.
WHAT IS CP GURUKUL?
CP Gurukuls are premium residential school offerings by Career Point integrated with tutorial facility. The campus infrastructures include school, hostels, coaching campus, food-court, staff residences, guest house, shopping complex and sports facilities i.e. swimming pool, squash-court, gymnasium, playgrounds for football, cricket, basket-ball etc.
Test-Prep
WHICH ARE THE TEST-PREP VERTICALS, THE COMPANY CATERS TO?
Tutorial service verticals include
- Engineering entrances: JEE Main, JEE Advance and other key exams
- Medical entrances: NEET, AIIMS and other key medical entrance exams
- Pre-foundation: NTSE, KVPY, Olympiads etc.
WHAT ARE THE DELIVERY MODES FOR TEST-PREP SERVICES?
Tutorial service verticals include
- Classroom operations: Through own branches and franchisee centers
- School Association: Integrated with school curriculum
- e-Learning: Online and Offline Video lectures and Assessments
- Distance learning: Postal delivery
University Education
GROUP’S PRESENCE IN HIGHER EDUCATION?
- Career Point University, Kota at Rajasthan
- Career Point University, Hamirpur at Himachal Pradesh
WHICH ARE THE COURSES OFFERED AT HIGHER EDUCATION CAMPUSES?
The under-grad, post-grad and PhD course programs in engineering, management, computer applications, law, science, hospitality, para-medical, humanity etc.
Both universities are established under section 2(f) of the UGC (University Grant Commission) Act and their acts are passed in the respective state assemblies.
- Career Point University, Kota Act 2012 (Act no 13 of 2012) assented by the Governor of Rajasthan on 30th April 2012
- Career Point University, Hamirpur Act 2012 (Act no 12 of 2012) assented by the Governor of Himachal Pradesh on 3rd May 2012
Skill Development
WHAT TYPE OF SKILL TRAININGS THE COMPANY PROVIDES?
Career Point’s skill division offers employment oriented trainings across multiple sectors with course duration of approximately 2-3 months.
DOES THE COMPANY HAVE ANY PARTNERSHIP OR EMPANELMENT WITH CENTRAL OR STATE GOVTS.?
Yes, the company is NSDC (National Skill Development Corporation) partner which is Govt of India’s skill development agency. Career Point is also empanelled with Govt. of Rajasthan’s RSLDC (Rajasthan Skills & Livelihood Development Corporation).
e-Learning
WHAT ARE THE KEY PRODUCTS BY CAREER POINT IN E-LEARNING DIVISION?
There are products with online and offline delivery modes on Web as well as App:
- eCareerPoint.com: Live classes and assessment platform with personalized feedback to identify the learning gaps and suggest various corrective measures
- Video On Demand: Class wise, Subject wise & Unit wise Video Lectures by star faculty members on USB drives and Memory Cards for any device i.e. Laptop, Desktop, Tablet, Mobile
- eBooks: It is the section to get Study material package, digital Books and Exercise sheets to have an in-depth concept understanding and mastering the art of solving questions.
Miscellaneous
WHAT IS THE DIFFERENCE BETWEEN FORMAL AND INFORMAL EDUCATION DIVISIONS?
These are loosely defined industry concepts. Essentially, Formal education is the core education which takes place in schools and universities whereas informal education is non-core or parallel education system, i.e. Test-Prep.
HOW DOES THE COMPANY ENGAGE IN TO FORMAL EDUCATION SYSTEM?
The Company, having its expertise in the education field, provides the services required by the institutions and charge a service fee.
WHAT IS THE COMPANY’S INVESTMENT MODE IN THE FORMAL EDUCATION SEGMENT?
The Company has given interest bearing loans and infrastructure on lease to the respective institution or entity directly engaged in to the formal education.
WHICH ARE THE SUBSIDIARIES OF CAREER POINT LIMITED AND WHAT ARE THEIR BUSINESS OBJECTIVES?
Career Point Limited has 7 subsidiaries :
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- Career Point Edutech Limited: For Educational technology businesses
- Srajan Capital Limited: For Non-Banking financial services
- Career Point Infra Limited: For Infrastructural activities
- Career Point Institute of Skill Development P. Ltd. : For Vocational Education services
- Career Point Learning Solutions Limited: For Publication and other tutorial related businesses
- Career Point Accessories P. Limited: For educational accessories businesses
- EduTiger Private Limited: For educational learning solutions
WHAT IS THE ROLE OF NBFC IN AN EDUCATION COMPANY?
Three key objectives
- Educational loans to students;
- Loans to educational institutions;
- Education being a negative working capital™ business; having a wholly owned NBFC subsidiary helps in efficient treasury operations
Public Share Issue
WHICH STOCK EXCHANGES DOES THE COMPANY’S STOCK TRADE ON?
The shares of Career Point Limited (previously known as Career Point Infosystems Limited) are listed and traded on National Stock Exchange and Bombay Stock Exchange since October 6, 2010 (at face value of Rupees 10).
WHAT IS CAREER POINT ‘S FISCAL YEAR?
Career Point’s fiscal year runs from 1st April to 31st March.
WHAT IS CAREER POINT’S DIVIDEND POLICY?
The Board of Directors recommend dividend for approval of the shareholders depending upon various financial and business related factors.