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Tree House Education & Accessories Ltd.

BSE: 533540 Sector: Others
NSE: TREEHOUSE ISIN Code: INE040M01013
BSE 00:00 | 20 Mar 5.52 -0.29
(-4.99%)
OPEN

5.52

HIGH

5.52

LOW

5.52

NSE 00:00 | 20 Mar 5.60 -0.25
(-4.27%)
OPEN

5.60

HIGH

5.60

LOW

5.60

OPEN 5.52
PREVIOUS CLOSE 5.81
VOLUME 1246
52-Week high 11.95
52-Week low 3.33
P/E
Mkt Cap.(Rs cr) 23
Buy Price 5.52
Buy Qty 25.00
Sell Price 5.52
Sell Qty 2126.00
OPEN 5.52
CLOSE 5.81
VOLUME 1246
52-Week high 11.95
52-Week low 3.33
P/E
Mkt Cap.(Rs cr) 23
Buy Price 5.52
Buy Qty 25.00
Sell Price 5.52
Sell Qty 2126.00

Tree House Education & Accessories Ltd. (TREEHOUSE) - Chairman Speech

Company chairman speech

Dear Stakeholders

It is my privilege to present the ninth Annual Report of Tree House Education &Accessories Limited. During 2014-15 our Company was able to maintain its impeccable trackrecord of continued revenue and profit growth. The numbers are quite significant when oneconsiders the contraction in spending by the average Indian retail consumer. Our Companyis present in two large segments of the education sector. We run India’s andAsia’s largest self-operated pre-school chain which is present in 88 cities acrossthe country. We also provide school management services to 24 K-12 schools in three statesin India. Our product offerings comprising high quality and best-in-class curriculatrained teachers and affordable pricing are now accepted by parents as the gold standardin branded schooling. The future looks promising for us owing to the rapid increase in thedemand for pre-school facilities. Our dedicated workforce innovative student kits andworld-class training given to our staff are our growth drivers.

The combined effort of the entire Tree House team is reflected in our annual results.Revenue from Operation for 2014-15 was Rs 207.45 crores up 31.60% on a y-o-y basis. OurProfit after Tax grew by 38.65% to Rs 60.88 crores. We opened 122 pre-schools during theyear taking the total number of pre-schools to 612 as on March 31 2015. In addition toour outstanding financial performance I would also like to highlight other notableachievements made during the year. These are enlisted below: The Company has launched daycare services at several of its pre-school facilities. The initial response from parentswas encouraging and the Company believes that this service will contribute meaningfully inthe future. The Company has entered into tie-ups with large employers in the IT ITESbanking and consulting space to provide these services to the employees of theseorganisations. Lessons in the pre-schools are now being delivered on Android tablets forJunior KG and Senior KG (4 – 6 year olds) children from the current session of2015-16.

The Company’s initiative to provide low cost quality pre-primary education underthe GLOBAL CHAMPS brand is now available across six centres in India.

‘Tree House Education & Accessories Limited’ has been listed in‘India’s Most Trusted Educational Institutes – 2014 -2015’ and was theleading brand in the pre-school category in the TRA’s (formerly Trust ResearchAdvisory) report.

As we are confident about maintaining the growth of the Company we are proposing toincrease our dividend to 20% for 2014-15.

I express my sincere appreciation for the invaluable contribution and co-operation ofall stakeholders involved with the growth of the Company. I would also like to thank allmy colleagues on the Board in charting the road-map of the Company for continuous growthand profitability thereby steering it to newer landmarks.

Regards

SANJAYA KULKARNI

Chairman and Independent Director