August 29, 2014 4:41 AM 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 courses for various age groups of children, including play group, nursery, junior Kindergarten (KG), senior KG, day care services, teacher training courses, summer camps, and hobby/activity classes. As of June 30, 2014, it operated 505 centers in 67 cities. The company also franchises its schools, as well as leases education infrastructure. In addition, it provides school management services to k-12 schools that include designing curriculum and providing teaching aids, supplying methods for imparting education, and organizing extracurricular activities fo...

301, Embassy Chambers

3rd Road

Khar West

Mumbai,  400052

India

Founded in 2003

Phone:

91 22 4016 9587

Key Executives for Tree House Education & Accessories Limited

Managing Director
Age: 44
Total Annual Compensation: $4.8M
Executive Director
Age: 42
Total Annual Compensation: $1.8M
Compensation as of Fiscal Year 2014.

Tree House Education & Accessories Limited Key Developments

Tree House Education & Accessories Limited Proposes Dividend for the Year Ended March 31, 2014

Tree House Education & Accessories Limited proposed that an AGM will be held on September 6, 2014, to approve dividend of INR 1.50 per equity shares for the year ended March 31, 2014. The dividend on equity shares, if declared at the meeting, will be credited/dispatched/paid within a period of 30 days from the date of declaration, to those members whose names appears as beneficial owners and as members in the register of members of the company at the end of business hours on or before August 28, 2014.

Tree House Education & Accessories Limited Reports Earnings Results for the First Quarter Ended June 30, 2014

Tree House Education & Accessories Limited reported earnings results for the first quarter ended June 30, 2014. For the quarter, the company’s total revenue was INR 539.1 million against INR 408.7 million a year ago. EBITDA was INR 332.8 million against INR 227.8 million a year ago. Profit after tax was INR 160.6 million against INR 123.0 million a year ago. Diluted EPS was INR 4.26 against INR 3.26 a year ago. Profit from operations before other income, interest and exceptional items was INR 272.9 million against INR 189.6 million a year ago. Profit from ordinary activities before tax was INR 242.4 million against INR 184.4 million a year ago.

Tree House Education & Accessories Limited Announces Executive Changes

Tree House Education & Accessories Ltd. announced that the Board of Directors of the company at its meeting held on August 05, 2014, has appointed Ms. Pooja Bhimjiyani as Company Secretary of the company and has accepted the Resignation of Ms. Khusboo Kavedia as a Company Secretary. Henceforth, Ms. Pooja Bhimjiyani shall act as Company Secretary to the company.

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