Jaro Education Q1 FY27: Profitability rises as bookings stay firm

In Q1 FY27, revenue from operations was INR 7,075.05 lakhs, total income was INR 7,262.99 lakhs, EBITDA was INR 1,704.20 lakhs, and PAT was INR 1,116.89 lakhs.

The presentation reports EBITDA increased 21% YoY and PAT increased 48% YoY in Q1 FY27. PAT margin improved to 15% from 12% in Q1 FY26.

Gross bookings were INR 19,029.76 lakhs and total admissions were 8,169. Degree admissions were 6,979 and certification admissions were 1,190.

For Q1 FY27, revenue from degree programs was INR 6,007.50 lakhs (85%) and revenue from certification was INR 1,067.55 lakhs (15%), as shown in the presentation.

The company launched six programmes with IIT partners across sustainability, AI for business managers, autonomous robotics and AI, a programme for chief technology and AI officers, blockchain technology, and rust programming with AI-integrated systems.

The presentation cites a Technopak estimate that India’s online higher education and upskilling TAM could grow from INR 13,200 crores in FY23 to INR 41,450 crores by FY28P, implying 26% CAGR.

Performance marketing CAC was INR 46,562 per enrolment in Q1 FY27 and return on performance marketing spend was 1.76x, as per the presentation.