CL Educate's acquisition of DEXIT GLOBAL significantly enhances its financial performance, reflecting strong growth in the education services sector.

Target Information

CL Educate (BSE: 540403 | NSE: CLEDUCATE) is a diversified education services company that has reported robust financial growth in its latest Q2 results, significantly boosted by its acquisition of the digital examination business, DEXIT GLOBAL. For the second quarter of FY26, the company achieved a revenue of Rs 164 crore, representing a remarkable increase of 67% compared to the previous year. Meanwhile, EBITDA more than doubled to Rs 24 crore during the same period, highlighting the success of the recent acquisition.

In the first half of FY26, CL Educate's revenue surged by 62% to reach Rs 310 crore, up from Rs 191 crore in H1 FY25, while EBITDA grew 93% to Rs 41 crore. The acquisition's impact on revenue is evident, with the EBITDA margin increasing to 14.4% in Q2 FY26 from 10.9% in the same quarter last year.

Industry Overview in India

The education sector in India is experiencing significant transformation, driven by digitalization and the ongoing shift from traditional to online learning. As a result, companies focusing primarily on test preparation, such as CL Educate’s EdTech business un