Zee Learn: only credible company in this sector?

Whats your thoughts on Zee Learn?

I believe its a very good long term bet:

• posting very good numbers from the last few quarters
• very good management (Essel Group)
• good brand value like 'KidZee'
• Small cap, huge scope to grow

EDELWEISS SECURITIES

Zee Learn CMP: Rs 47.45 | Target Price : Rs 80

Zee Learn (ZLL) is India’s leading company in education segment with the fastest growing chain of K-12 schools and Asia’s No 1 chain of pre-school network – Kidzee in its portfolio. The stock is currently trading at 25x FY18E and 20x FY19E EV/EBITDA. Edelweiss has a ‘BUY’ on the stock.

Increasing preference for pre-school education works immensely in favour of Zee Learn, which is a leading player in the segment known for its brands Kidzee and K-12 Schools. It is estimated that pre-school segment in India is valued at $2.5 billion. Of this, the branded segment forms 33.8%. Interestingly, Zee Learn's brand Kidzee has 33% of the branded segment. It is estimated that close to 29% of India's population is between the age group of 0 and 14. ..