Global Education Limited Completes Acquisition of OwnPrep; Announces Q1 FY2026 Financial Results

Global Education Limited Completes Acquisition of OwnPrep; Announces Q1 FY2026 Financial Results

Global Education Limited Completes Acquisition of OwnPrep; Announces Q1 FY2026 Financial Results​

Global Education Limited has announced that its Board of Directors approved, among other matters, the acquisition of a stake in OwnPrep Private Limited. The company also reported the unaudited consolidated financial results for the quarter ended June 30, 2026.

The Board meeting on August 11, 2026, considered and sanctioned several key business developments. The directors approved a revised Dividend Distribution Policy, which is set to take effect from August 11, 2026, subject to future reviews required by applicable laws.

Corporate Transaction Details​

The Board of Directors reviewed and approved the acquisition of shares in OwnPrep Private Limited, an existing subsidiary of Global Education Limited. This transaction was completed on August 11, 2026.

Details regarding the acquisition are as follows:

  • Shares Acquired: The company acquired 4,900 equity shares of ₹10 each from an existing shareholder.
  • Cash Consideration: The aggregate cash consideration for these shares was ₹49,000.
  • Remaining Shares: Global Education Limited also took over the entire beneficial interest in the remaining one equity share of OwnPrep Private Limited at a consideration of ₹10.
  • Total Cash Consideration: The total aggregate cash consideration for the acquisition amounted to ₹49,010.

Following the transaction, OwnPrep Private Limited has become a wholly owned subsidiary of Global Education Limited. The company now directly holds 9,999 equity shares, representing 99.99% of its paid-up equity share capital, while retaining beneficial ownership of the remaining one equity share through a nominee.

Q1 FY2026 Financial Performance Highlights​

The Board of Directors also took on record the Unaudited Financial Results (both Standalone and Consolidated) for the quarter ended June 30, 2026, as reviewed and recommended by the Audit Committee. These results were reviewed by the Statutory Auditors, M/s Patel Shah & Joshi.

Global Education Limited operates in two segments: Educational Training & Development Activities and Business Support Activities. The company has four subsidiaries (including Ownprep Private Limited) and two associate companies (Yola Stays Ltd and Rishiraj Infravision Pvt Ltd).

Key financial highlights for the quarter ended June 30, 2026:

Financial MetricConsolidated Results (Rs. in Lacs)
Total Revenue1403.64
Total Expenses917.26
Profit Before Tax503.12
Net Profit for the Period375.12
Earnings per Share (EPS) Basic & Diluted0.74

Segment Performance

The financial results show a strong performance across both operating segments:

SegmentRevenue (Rs. in Lacs)Profit Before Tax (Rs. in Lacs)
Business Support Activities1138.48408.27
Educational Training & Development Activities265.1662.87
Total1403.64504.24

The company's segment assets and liabilities for the period are detailed below:

SegmentTotal Assets (Rs. in Lacs)Capital Employed (Rs. in Lacs)
Business Support Activities13051.1712353.62
Educational Training & Development Activities1022.971022.97

Consolidated Financial Position (as at June 30, 2026)

The consolidated financial statements show the overall status of the entity and its subsidiaries:

ItemValue (Rs. in Lacs)
Total Assets14246.78
Total Equity & Liabilities14246.78
Net Worth13500

Financial metrics such as the Current Ratio were reported at 8.36 for the quarter ended June 30, 2026, and the Debtors Turnover Ratio stood at 281.15 days.

GLOBAL Stock Price Movement​

Global Education Limited shares closed today, shedding 0.58% to settle at ₹101.00 after the day’s trading session. The stock saw a total traded volume of 29,310 shares during the market period.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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