About Mt Educare Ltd
Data last updated: 30 July 2025
Mt Educare Ltd is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Zee Learn Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in test prep and competitive exam coaching, a part of the broader education sector. Incorporated on 19 August 2006, the company has been in operation for over 20 years.
Registered with ROC Mumbai under CIN L80903MH2006PLC163888. Listed on BSE: 534312 and NSE: MTEDUCARE.
Capital: an authorised share capital of ₹80 Cr and a paid-up capital of ₹72.23 Cr. Formerly known as Mt Educare Private Limited and Mt Educare Pvt Ltd. It is led by directors including Surender Singh and Nanette Ralph Dsa.
Last AGM: 25 September 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹36.14 Cr, a decline of 28.24% compared to the previous year. Total assets are valued at ₹255.67 Cr (down 3.31% YoY).
The company has a workforce of approximately 129 employees as per the latest available data. It operates as a subsidiary of Zee Learn Limited. Its group structure includes 7 subsidiaries.
The company is associated with 2 brands - Robomate Plus, Mt Educare. As per MCA filings, the company has open charges of ₹171.8 Cr and satisfied charges of ₹154.6 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is mteducare.com.
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Registered Address220 2Ndfloor Flyingcolors Panditdindayalupadhyaymarg L.B.Scrossroad Mulund (West), India, Mumbai, Maharashtra, India – 400080
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IndustryEducation, Test Prep & Competitive Exam Coaching
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Mt Educare Ltd
Mt Educare Ltd has undergone 2 name changes throughout its history. The company was previously known as Mt Educare Private Limited, and Mt Educare Pvt Ltd. The current legal name is Mt Educare Ltd, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mt Educare Ltd | Current |
| Mt Educare Private Limited | Previous |
| Mt Educare Pvt Ltd | Previous |
CIN History of Mt Educare Ltd
Mt Educare Ltd has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L80903MH2006PLC163888, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L80903MH2006PLC163888 | Current |
| U80903MH2006PLC163888 | Previous |
| U80903MH2006PTC163888 | Previous |
Associated Brands with Mt Educare Ltd
Mt Educare Ltd operates two associated brands: Robomate Plus and MT Educare. These brands represent Mt Educare Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides online lectures, test papers, and resources for competitive exam preparation. | robomateplus.com | |
| Chain of coaching institutes and PU colleges | mteducare.com |
Competitors & Alternatives of Mt Educare Ltd
Brands and companies operating in the same space as Mt Educare Ltd include Veranda Learning, Abwaab, Cambium Learning and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Veranda Learning
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Government exam preparation is provided through centers and online courses. | Bengaluru, India, India | 2018 |
Abwaab
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School curriculum is tutored online through videos, quizzes, and forums. | Amman, Jordan, Jordan | 2019 |
Cambium Learning
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Educational solutions and services company | Dallas, United States, United States | 2009 |
Brilliant
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Interactive STEM courses are delivered via an online learning platform. | San Francisco, United States, United States | 2012 |
uLesson
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Provider of online learning platform for school students | Lekki, Nigeria, Nigeria | 2019 |
Descomplica
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Online platform for ENEM exam preparation is offered to students. | - | 2011 |
Zenius
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App-based courses for school subjects are delivered via mobile platforms. | Jakarta, Indonesia, Indonesia | 2004 |
Career Launcher
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Entrance exam preparation programs are offered through education centers. | Delhi, India, India | 1995 |
CLEducate
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K-12 education, vocational training and test prep provider | Delhi, India, India | 1996 |
Khan Academy
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Free online micro lectures on diverse subjects are offered. | Mountain View, United States, United States | 2008 |
Business Activity of Mt Educare Ltd
Mt Educare Ltd engages in various principal business activities across different sectors. The company's activity codes and classifications provide detailed insights into its operational scope and industry focus.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
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| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details for Mt Educare Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mt Educare Ltd
Mt Educare Ltd is audited by MGB & CO LLP (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| MGB & CO LLP (ICAI peer reviewed, certificate valid till 2029-02-28) | FY 2026 | Statement on impact of audit qualification |
Board of Directors and KMP of Mt Educare Ltd
Mt Educare Ltd currently reports 6 directors and 1 key managerial person. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Surender Singh
Also directs:
Zee Learn Limited, Labh Ventures India Private Limited, Lakshya Forrum For Competitions Private Limited and 5 more
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Director | 24 Jul 2020 | 6 Years 0 Months | As last reported |
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Nanette Ralph Dsa
Also directs:
Zee Learn Limited, Lbe Education Solutions Llp, Vikram Kamats Hospitality Limited and 1 more
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Director | 31 Mar 2020 | 6 Years 4 Months | As last reported |
| Dattatraya Ramchandra Kelkar | Director | 30 Dec 2019 | 6 Years 7 Months | As last reported |
| Ravindra Ashok Mishra | Company Secretary | 15 Nov 2019 | 6 Years 9 Months | As last reported |
| Roshan Lal Kamboj | Director | 26 Sep 2019 | 6 Years 10 Months | As last reported |
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Karunn Kandoi
Also directs:
Zee Learn Limited, Learn Edusmart Private Limited, Kandoi Nutritech Private Limited and 1 more
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Director | 01 Mar 2021 | 5 Years 5 Months | As last reported |
Financials of Mt Educare Ltd FY 2026 filings available
Mt Educare Ltd reported revenue of ₹36.14 Cr (down 28.24% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹36.14 Cr | ₹50.36 Cr | ₹47.33 Cr | ₹58.19 Cr | ₹53.05 Cr | ₹75.18 Cr | ₹205.16 Cr |
| Other Income | ₹4.32 Cr | ₹5.27 Cr | ₹4.03 Cr | ₹4.5 Cr | ₹14.98 Cr | ₹37.9 Cr | ₹26.26 Cr |
| Total Income | ₹40.46 Cr | ₹55.63 Cr | ₹51.37 Cr | ₹62.69 Cr | ₹68.03 Cr | ₹113.08 Cr | ₹231.43 Cr |
| Cost of Materials Consumed | ₹0 | ₹33.34 Cr | ₹36.52 Cr | ₹38.29 Cr | ₹31.05 Cr | ₹39.04 Cr | ₹103.89 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹6.14 Cr | ₹9.5 Cr | ₹8.61 Cr | ₹13.83 Cr | ₹14.27 Cr | ₹19.46 Cr | ₹31.93 Cr |
| Finance Costs | ₹5.08 Cr | ₹13.43 Cr | ₹12.15 Cr | ₹8.64 Cr | ₹10.62 Cr | ₹16.63 Cr | ₹24.03 Cr |
| Depreciation & Amortisation | ₹6.04 Cr | - | ₹10.37 Cr | ₹10.92 Cr | ₹14.72 Cr | ₹26.34 Cr | ₹42.88 Cr |
| Other Expenses | ₹25.43 Cr | ₹8.78 Cr | ₹10.04 Cr | ₹37.7 Cr | ₹20.24 Cr | ₹29.5 Cr | ₹36.38 Cr |
| Total Expenses | ₹42.7 Cr | ₹73.89 Cr | ₹77.68 Cr | ₹109.39 Cr | ₹90.89 Cr | ₹130.97 Cr | ₹239.11 Cr |
| Profit Before Exceptional Items & Tax | -₹2.24 Cr | - | -₹26.31 Cr | -₹46.7 Cr | -₹22.86 Cr | -₹17.9 Cr | -₹7.68 Cr |
| Exceptional Items | ₹0 | - | ₹0 | -₹16.28 Cr | ₹0 | ₹0 | -₹31.15 Cr |
| Profit Before Tax | -₹2.24 Cr | -₹19.97 Cr | -₹26.31 Cr | -₹62.97 Cr | -₹22.86 Cr | -₹17.9 Cr | -₹38.83 Cr |
| Total Tax Expense | ₹89.04 Lakh | ₹11.02 Cr | ₹1.34 Cr | -₹2.26 Cr | ₹2.66 Cr | ₹12.33 Cr | ₹7.11 Cr |
| Net Profit | -₹3.13 Cr | -₹30.99 Cr | -₹27.65 Cr | -₹60.71 Cr | -₹25.52 Cr | -₹30.23 Cr | -₹45.93 Cr |
| attributable to Owners | -₹3.13 Cr | - | -₹27.65 Cr | -₹60.71 Cr | ₹10.04 Lakh | ₹0 | ₹0 |
| attributable to NCI | -₹3.13 Cr | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹23.36 Lakh | - | ₹24.43 Lakh | ₹12,000 | ₹10.04 Lakh | ₹32.55 Lakh | -₹35.89 Lakh |
| Total Comprehensive Income | -₹3.36 Cr | - | -₹27.41 Cr | -₹60.71 Cr | -₹25.42 Cr | -₹29.9 Cr | -₹46.29 Cr |
| EBITDA (computed) | ₹8.89 Cr | - | -₹3.8 Cr | -₹27.13 Cr | ₹2.47 Cr | ₹25.07 Cr | ₹59.23 Cr |
| Basic EPS | ₹-0.43 | - | ₹-3.83 | ₹-8.40 | ₹-3.53 | ₹-4.19 | ₹-6.36 |
| Diluted EPS | ₹-0.43 | - | ₹-3.83 | ₹-8.40 | ₹-3.53 | ₹-4.19 | ₹-6.36 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹255.67 Cr | ₹264.44 Cr | ₹290.8 Cr | ₹294.45 Cr |
| Non-current Assets | ₹85.66 Cr | ₹91.97 Cr | ₹166.01 Cr | ₹195.98 Cr |
| Current Assets | ₹125.25 Cr | ₹172.47 Cr | ₹124.78 Cr | ₹98.47 Cr |
| Property, Plant & Equipment | ₹5.71 Cr | ₹17.86 Cr | ₹22.75 Cr | ₹22.37 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹11.02 Cr | - | ₹9.18 Cr | ₹10.96 Cr |
| Cash & Equivalents | ₹5.2 Cr | ₹6.98 Cr | ₹4.18 Cr | ₹3.73 Cr |
| Equity (Net Worth) | -₹5.16 Cr | - | ₹29.42 Cr | ₹56.83 Cr |
| Equity Share Capital | ₹72.23 Cr | - | ₹72.23 Cr | ₹72.23 Cr |
| Borrowings (Non-current) | ₹3.58 Cr | - | ₹0 | ₹47.4 Cr |
| Borrowings (Current) | ₹128.43 Cr | - | ₹115.98 Cr | ₹53.91 Cr |
| Total Debt (computed) | ₹132.01 Cr | - | ₹115.98 Cr | ₹101.32 Cr |
| Current Liabilities | ₹247.98 Cr | ₹247.9 Cr | ₹239.15 Cr | ₹173.31 Cr |
| Total Liabilities | ₹260.83 Cr | - | ₹261.37 Cr | ₹237.62 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹1.83 Cr | -₹82.77 Lakh | -₹2.02 Cr | ₹2 Cr | ₹5.42 Cr |
| Investing Cash Flow | ₹2.72 Cr | ₹3.58 Cr | ₹6.22 Cr | -₹2.75 Cr | ₹4.35 Cr |
| Financing Cash Flow | -₹6.32 Cr | ₹4.38 Lakh | -₹3.75 Cr | ₹1.23 Cr | -₹8.8 Cr |
| Capital Expenditure | ₹0 | ₹59.91 Lakh | ₹1.39 Cr | ₹2.52 Cr | -₹55.86 Lakh |
| Free Cash Flow (computed) | ₹1.83 Cr | -₹1.43 Cr | -₹3.41 Cr | -₹51.9 Lakh | ₹4.86 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.77 Cr | ₹2.8 Cr | ₹45.03 Lakh | ₹47.27 Lakh | ₹98.01 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹9.88 Cr | ₹6.97 Cr | ₹19.29 Cr | ₹6.91 Cr | ₹12.9 Cr | ₹12.06 Cr | ₹11.52 Cr | ₹13.88 Cr | ₹9.63 Cr | ₹10.88 Cr | ₹14.15 Cr | ₹12.68 Cr |
| Other Income | ₹2.16 Cr | ₹65.01 Lakh | ₹1.51 Cr | ₹61.3 Lakh | ₹1.96 Cr | ₹78.25 Lakh | ₹56.66 Lakh | ₹1.97 Cr | ₹79.43 Lakh | -₹7.91 Cr | ₹5.16 Cr | ₹5.99 Cr |
| Total Income | ₹12.04 Cr | ₹7.62 Cr | ₹20.8 Cr | ₹7.52 Cr | ₹14.85 Cr | ₹12.84 Cr | ₹12.09 Cr | ₹15.85 Cr | ₹10.42 Cr | ₹2.97 Cr | ₹19.31 Cr | ₹18.68 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹6.17 Cr | ₹4.98 Cr | ₹8.31 Cr | ₹10.69 Cr | ₹9.36 Cr | ₹8.9 Cr | ₹8.59 Cr | ₹9.39 Cr | ₹9.64 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.25 Cr | ₹1.65 Cr | ₹3.85 Cr | ₹1.95 Cr | ₹2.25 Cr | ₹2.42 Cr | ₹2.5 Cr | ₹2.33 Cr | ₹2.62 Cr | ₹2.09 Cr | ₹1.97 Cr | ₹1.93 Cr |
| Finance Costs | ₹2.5 Cr | ₹60.88 Lakh | ₹1.98 Cr | ₹1.31 Cr | ₹3.73 Cr | ₹3.28 Cr | ₹3.22 Cr | ₹3.19 Cr | ₹3.24 Cr | ₹3.08 Cr | ₹3.01 Cr | ₹2.81 Cr |
| Depreciation & Amortisation | ₹1.56 Cr | ₹1.39 Cr | ₹3.09 Cr | ₹1.53 Cr | - | ₹2.32 Cr | ₹2.32 Cr | ₹2.65 Cr | ₹2.47 Cr | ₹2.46 Cr | ₹2.61 Cr | ₹2.83 Cr |
| Other Expenses | ₹3.82 Cr | ₹5.87 Cr | ₹15.13 Cr | ₹1.52 Cr | ₹2.96 Cr | ₹1.9 Cr | ₹2.39 Cr | ₹1.54 Cr | ₹3.14 Cr | -₹6.13 Cr | ₹7.21 Cr | ₹5.82 Cr |
| Total Expenses | ₹9.13 Cr | ₹9.52 Cr | ₹24.05 Cr | ₹12.48 Cr | ₹15.46 Cr | ₹18.24 Cr | ₹21.11 Cr | ₹19.08 Cr | ₹20.37 Cr | ₹10.09 Cr | ₹24.19 Cr | ₹23.03 Cr |
| Profit Before Exceptional Items & Tax | ₹2.91 Cr | -₹1.9 Cr | -₹3.25 Cr | -₹4.96 Cr | - | -₹5.4 Cr | -₹9.02 Cr | -₹3.23 Cr | -₹9.95 Cr | -₹7.12 Cr | -₹4.88 Cr | -₹4.36 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.91 Cr | -₹1.9 Cr | -₹3.25 Cr | -₹4.96 Cr | -₹2.32 Cr | -₹5.4 Cr | -₹9.02 Cr | -₹3.23 Cr | -₹9.95 Cr | -₹7.12 Cr | -₹4.88 Cr | -₹4.36 Cr |
| Total Tax Expense | ₹31.53 Lakh | ₹18.91 Lakh | ₹38.6 Lakh | ₹15.75 Lakh | ₹11.36 Cr | -₹8.04 Lakh | ₹6.34 Lakh | -₹32.21 Lakh | ₹45.38 Lakh | ₹29.54 Lakh | ₹25.7 Lakh | ₹33.45 Lakh |
| Net Profit | ₹2.6 Cr | -₹2.09 Cr | -₹3.64 Cr | -₹5.12 Cr | -₹13.68 Cr | -₹5.32 Cr | -₹9.09 Cr | -₹2.91 Cr | -₹10.4 Cr | -₹7.42 Cr | -₹5.13 Cr | -₹4.69 Cr |
| attributable to Owners | ₹2.6 Cr | -₹2.09 Cr | - | - | - | -₹5.32 Cr | -₹9.09 Cr | -₹2.91 Cr | -₹10.4 Cr | -₹7.42 Cr | -₹5.13 Cr | -₹4.69 Cr |
| attributable to NCI | ₹2.6 Cr | ₹0 | - | - | - | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹39.54 Lakh | ₹16.18 Lakh | ₹0 | ₹0 | - | ₹0 | -₹26,000 | ₹0 | ₹4.84 Lakh | ₹0 | ₹19.56 Lakh | ₹3,000 |
| Total Comprehensive Income | ₹2.2 Cr | -₹1.93 Cr | -₹3.64 Cr | -₹5.12 Cr | - | -₹5.32 Cr | -₹9.09 Cr | -₹2.91 Cr | -₹10.36 Cr | -₹7.42 Cr | -₹4.94 Cr | -₹4.69 Cr |
| EBITDA (computed) | ₹6.97 Cr | ₹9.68 Lakh | ₹1.82 Cr | -₹2.12 Cr | - | ₹20.5 Lakh | -₹3.49 Cr | ₹2.62 Cr | -₹4.24 Cr | -₹1.59 Cr | ₹74.11 Lakh | ₹1.29 Cr |
| Basic EPS | ₹0.36 | ₹-0.29 | ₹-0.50 | ₹-0.71 | - | ₹-0.74 | ₹-1.26 | ₹-0.40 | ₹-1.44 | ₹-1.03 | ₹-0.71 | ₹-0.65 |
| Diluted EPS | ₹0.36 | ₹-0.29 | ₹-0.50 | ₹-0.71 | - | ₹-0.74 | ₹-1.26 | ₹-0.40 | ₹-1.44 | ₹-1.03 | ₹-0.71 | ₹-0.65 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹11.97 Cr | ₹21.67 Cr | ₹25.44 Cr | ₹31.27 Cr | ₹30.4 Cr | ₹48.53 Cr | ₹146.68 Cr |
| Other Income | ₹2.98 Cr | ₹3.79 Cr | ₹3.4 Cr | ₹3.84 Cr | ₹10.05 Cr | ₹27.09 Cr | ₹21.34 Cr |
| Total Income | ₹14.94 Cr | ₹25.46 Cr | ₹28.84 Cr | ₹35.11 Cr | ₹40.45 Cr | ₹75.61 Cr | ₹168.02 Cr |
| Cost of Materials Consumed | ₹0 | ₹17.73 Cr | ₹19.44 Cr | ₹19.16 Cr | ₹15.65 Cr | ₹21.78 Cr | ₹68.54 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹4.19 Cr | ₹6.07 Cr | ₹5.02 Cr | ₹9.36 Cr | ₹11.32 Cr | ₹18.49 Cr | ₹28.9 Cr |
| Finance Costs | ₹1.26 Cr | ₹1.56 Cr | ₹7.29 Cr | ₹7.03 Cr | ₹8.37 Cr | ₹12.05 Cr | ₹19.82 Cr |
| Depreciation & Amortisation | ₹2.38 Cr | - | ₹6.8 Cr | ₹8.75 Cr | ₹11.41 Cr | ₹21.62 Cr | ₹37.22 Cr |
| Other Expenses | ₹12.51 Cr | ₹4.78 Cr | ₹5.63 Cr | ₹23.67 Cr | ₹14.32 Cr | ₹22.07 Cr | ₹29.39 Cr |
| Total Expenses | ₹20.34 Cr | ₹33.95 Cr | ₹44.17 Cr | ₹67.98 Cr | ₹61.08 Cr | ₹96 Cr | ₹183.87 Cr |
| Profit Before Exceptional Items & Tax | -₹5.39 Cr | - | -₹15.33 Cr | -₹32.87 Cr | -₹20.63 Cr | -₹20.39 Cr | -₹15.85 Cr |
| Exceptional Items | ₹0 | - | ₹0 | -₹18.47 Cr | ₹0 | ₹0 | -₹31.15 Cr |
| Profit Before Tax | -₹5.39 Cr | ₹15.3 Cr | -₹15.33 Cr | -₹51.34 Cr | -₹20.63 Cr | -₹20.39 Cr | -₹47 Cr |
| Total Tax Expense | ₹76.65 Lakh | ₹7.08 Cr | -₹58.42 Lakh | -₹2.75 Cr | ₹4.53 Cr | ₹9.65 Cr | ₹5.3 Cr |
| Net Profit | -₹6.16 Cr | ₹8.21 Cr | -₹14.75 Cr | -₹48.59 Cr | -₹25.16 Cr | -₹30.04 Cr | -₹52.3 Cr |
| Other Comprehensive Income | -₹3.54 Lakh | - | ₹23.49 Lakh | ₹1.25 Lakh | ₹5.67 Lakh | ₹27.6 Lakh | -₹46.74 Lakh |
| Total Comprehensive Income | -₹6.2 Cr | - | -₹14.51 Cr | -₹48.58 Cr | -₹25.11 Cr | -₹29.76 Cr | -₹52.77 Cr |
| EBITDA (computed) | -₹1.76 Cr | - | -₹1.24 Cr | -₹17.09 Cr | -₹84.58 Lakh | ₹13.28 Cr | ₹41.19 Cr |
| Basic EPS | ₹0.00 | - | ₹-2.04 | ₹-6.73 | ₹-3.48 | ₹-4.16 | ₹-7.24 |
| Diluted EPS | ₹0.00 | - | ₹-2.04 | ₹-6.73 | ₹-3.48 | ₹-4.16 | ₹-7.24 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹167.71 Cr | ₹178.81 Cr | ₹220.77 Cr | ₹231.47 Cr |
| Non-current Assets | ₹86.48 Cr | ₹90.68 Cr | ₹131.51 Cr | ₹157.6 Cr |
| Current Assets | ₹81.22 Cr | ₹88.14 Cr | ₹89.26 Cr | ₹73.87 Cr |
| Property, Plant & Equipment | ₹4.16 Cr | ₹8.98 Cr | ₹4.97 Cr | ₹5.45 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹15.83 Cr | - | ₹12.97 Cr | ₹15.66 Cr |
| Cash & Equivalents | ₹4.21 Cr | ₹5.6 Cr | ₹2.53 Cr | ₹67.02 Lakh |
| Equity (Net Worth) | ₹52.39 Cr | - | ₹50.63 Cr | ₹65.14 Cr |
| Equity Share Capital | ₹72.23 Cr | - | ₹72.23 Cr | ₹72.23 Cr |
| Borrowings (Non-current) | ₹0 | - | ₹0 | ₹0 |
| Borrowings (Current) | ₹32.61 Cr | - | ₹32.97 Cr | ₹31.74 Cr |
| Total Debt (computed) | ₹32.61 Cr | - | ₹32.97 Cr | ₹31.74 Cr |
| Current Liabilities | ₹113.85 Cr | ₹115.96 Cr | ₹114.82 Cr | ₹114.12 Cr |
| Total Liabilities | ₹115.32 Cr | - | ₹170.14 Cr | ₹166.33 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹2.31 Cr | ₹5.36 Cr | -₹62.35 Lakh | ₹10.32 Cr | ₹3.06 Cr |
| Investing Cash Flow | -₹66.43 Lakh | ₹2.45 Cr | ₹7.2 Cr | -₹1.77 Cr | ₹5.67 Cr |
| Financing Cash Flow | -₹3.03 Cr | -₹4.75 Cr | -₹4.72 Cr | -₹10.24 Cr | -₹7.37 Cr |
| Capital Expenditure | ₹0 | ₹28.38 Lakh | ₹48.44 Lakh | ₹1.61 Cr | ₹30.01 Lakh |
| Free Cash Flow (computed) | ₹2.31 Cr | ₹5.08 Cr | -₹1.11 Cr | ₹8.71 Cr | ₹2.76 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.39 Cr | ₹3.07 Cr | ₹1.86 Cr | -₹1.69 Cr | ₹1.36 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2.86 Cr | ₹2.45 Cr | ₹6.66 Cr | ₹3.79 Cr | ₹4.76 Cr | ₹4.96 Cr | ₹5.79 Cr | ₹6.17 Cr | ₹5.73 Cr | ₹5.9 Cr | ₹6.37 Cr | ₹7.45 Cr |
| Other Income | ₹1.15 Cr | ₹59.49 Lakh | ₹1.23 Cr | ₹60.18 Lakh | ₹83.95 Lakh | ₹75.15 Lakh | ₹51.65 Lakh | ₹1.68 Cr | ₹94.54 Lakh | -₹7.99 Cr | ₹5.29 Cr | ₹5.15 Cr |
| Total Income | ₹4 Cr | ₹3.04 Cr | ₹7.9 Cr | ₹4.39 Cr | ₹5.6 Cr | ₹5.71 Cr | ₹6.3 Cr | ₹7.85 Cr | ₹6.67 Cr | -₹2.09 Cr | ₹11.67 Cr | ₹12.6 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹2.72 Cr | ₹2.17 Cr | ₹3.59 Cr | ₹6.29 Cr | ₹5.67 Cr | ₹4.48 Cr | ₹4.46 Cr | ₹5.06 Cr | ₹5.45 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹82.49 Lakh | ₹98.27 Lakh | ₹2.38 Cr | ₹1.25 Cr | ₹1.43 Cr | ₹1.58 Cr | ₹1.6 Cr | ₹1.46 Cr | ₹1.48 Cr | ₹1.28 Cr | ₹1.11 Cr | ₹1.15 Cr |
| Finance Costs | ₹29.16 Lakh | ₹32.3 Lakh | ₹64.75 Lakh | ₹34.94 Lakh | -₹3.8 Cr | ₹1.81 Cr | ₹1.83 Cr | ₹1.72 Cr | ₹1.72 Cr | ₹1.9 Cr | ₹1.92 Cr | ₹1.74 Cr |
| Depreciation & Amortisation | ₹58.63 Lakh | ₹55.01 Lakh | ₹1.24 Cr | ₹65.45 Lakh | - | ₹1.49 Cr | ₹1.58 Cr | ₹1.7 Cr | ₹1.61 Cr | ₹1.43 Cr | ₹1.96 Cr | ₹1.81 Cr |
| Other Expenses | ₹1.87 Cr | ₹2.9 Cr | ₹7.74 Cr | ₹1.14 Cr | ₹1.49 Cr | ₹90.26 Lakh | ₹1.19 Cr | ₹1.19 Cr | ₹1.18 Cr | -₹7.32 Cr | ₹6.41 Cr | ₹5.36 Cr |
| Total Expenses | ₹3.57 Cr | ₹4.76 Cr | ₹12.01 Cr | ₹6.12 Cr | ₹33.81 Lakh | ₹9.37 Cr | ₹12.5 Cr | ₹11.74 Cr | ₹10.47 Cr | ₹1.74 Cr | ₹16.46 Cr | ₹15.5 Cr |
| Profit Before Exceptional Items & Tax | ₹42.77 Lakh | -₹1.71 Cr | -₹4.11 Cr | -₹1.73 Cr | - | -₹3.66 Cr | -₹6.2 Cr | -₹3.89 Cr | -₹3.8 Cr | -₹3.84 Cr | -₹4.79 Cr | -₹2.9 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹42.77 Lakh | -₹1.71 Cr | -₹4.11 Cr | -₹1.73 Cr | ₹29.05 Cr | -₹3.66 Cr | -₹6.2 Cr | -₹3.89 Cr | -₹3.8 Cr | -₹3.84 Cr | -₹4.79 Cr | -₹2.9 Cr |
| Total Tax Expense | ₹19.86 Lakh | ₹15.82 Lakh | ₹40.97 Lakh | ₹17.16 Lakh | ₹8.03 Cr | -₹30.86 Lakh | -₹33.43 Lakh | -₹30.46 Lakh | -₹14.63 Lakh | -₹26.57 Lakh | -₹58,000 | -₹16.64 Lakh |
| Net Profit | ₹22.91 Lakh | -₹1.87 Cr | -₹4.52 Cr | -₹1.9 Cr | ₹21.01 Cr | -₹3.35 Cr | -₹5.86 Cr | -₹3.59 Cr | -₹3.66 Cr | -₹3.57 Cr | -₹4.78 Cr | -₹2.74 Cr |
| Other Comprehensive Income | -₹17.4 Lakh | ₹13.85 Lakh | ₹0 | ₹0 | - | ₹0 | -₹16,000 | ₹0 | ₹5.64 Lakh | ₹0 | ₹17.54 Lakh | ₹31,000 |
| Total Comprehensive Income | ₹5.51 Lakh | -₹1.73 Cr | -₹4.52 Cr | -₹1.9 Cr | - | -₹3.35 Cr | -₹5.87 Cr | -₹3.59 Cr | -₹3.6 Cr | -₹3.57 Cr | -₹4.61 Cr | -₹2.73 Cr |
| EBITDA (computed) | ₹1.31 Cr | -₹84.04 Lakh | -₹2.22 Cr | -₹72.8 Lakh | - | -₹36.02 Lakh | -₹2.79 Cr | -₹47.19 Lakh | -₹46.99 Lakh | -₹50.84 Lakh | -₹90.8 Lakh | ₹64.43 Lakh |
| Basic EPS | ₹0.00 | ₹-0.26 | ₹-0.63 | ₹-0.26 | - | ₹-0.46 | ₹-0.81 | ₹-0.50 | ₹-0.51 | ₹-0.49 | ₹-0.66 | ₹-0.38 |
| Diluted EPS | ₹0.00 | ₹-0.26 | ₹-0.63 | ₹-0.26 | - | ₹-0.46 | ₹-0.81 | ₹-0.50 | ₹-0.51 | ₹-0.49 | ₹-0.66 | ₹-0.38 |
Shareholding Pattern of Mt Educare Ltd
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 59.12%, retail and other public shareholders hold 40.88% of Mt Educare Ltd. The company had 22,415 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 59.12% | 59.12% | 59.12% | 59.12% | 59.12% | 59.12% |
| Public | 40.88% | 40.88% | 40.88% | 40.88% | 40.88% | 40.88% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 59.12% | 59.12% | 59.12% | 59.12% | 59.12% | 63.28% | 77.47% | 82.71% | 23.73% | 42.78% | 42.78% |
| Public | 40.88% | 40.88% | 40.88% | 40.88% | 40.88% | 36.72% | 22.53% | 17.29% | 76.27% | 57.22% | 57.22% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | -4.16 | -14.19 | -5.24 | +58.98 | -19.05 | +0.00 | - |
Board & Governance of Mt Educare Ltd
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Mt Educare Ltd has 6 directors - 4 independent and 0 executive. The board is chaired by Surender Singh.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Roshan Lal Kamboj | Non-Executive - Independent Director | 2019-09-26 | 2 |
| Dattatraya Ramchandra Kelkar | Non-Executive - Independent Director | 2019-12-30 | 2 |
| Nanette D'sa Ralph | Non-Executive - Independent Director | 2020-03-31 | 2 |
| Surender Singh | Non-Executive - Non Independent Director · Chairperson | 2020-07-24 | 3 |
| Vipin Choudhary | Non-Executive - Non Independent Director | 2021-02-02 | 1 |
| Karunn Kandoi | Non-Executive - Independent Director | 2021-03-01 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | Roshan Lal Kamboj (Chairperson), Dattatraya Ramchandra Kelkar, Nanette D'sa Ralph, Surender Singh |
| Nomination and remuneration committee | Dattatraya Ramchandra Kelkar (Chairperson), Roshan Lal Kamboj, Nanette D'sa Ralph, Surender Singh |
| Stakeholders Relationship Committee | Roshan Lal Kamboj (Chairperson), Dattatraya Ramchandra Kelkar, Nanette D'sa Ralph, Surender Singh |
| Corporate Social Responsibility Committee | Dattatraya Ramchandra Kelkar (Chairperson), Roshan Lal Kamboj, Nanette D'sa Ralph, Surender Singh |
Group Structure of Mt Educare Ltd
Mt Educare Ltd has 7 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Mt Educare Ltd's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Labh Ventures India Private Limited | U74999MH2015PTC262045 | - |
| Robomate Edutech Private Limited | U74999MH2016PTC286570 | - |
| Letspaper Technologies Private Limited | U74999MH2016PTC289017 | - |
| Chitale's Personalised Learning Private Limited | U80301MH2009PTC197141 | - |
| Mt Education Services Private Limited | U80301MH2010PTC199012 | - |
| Lakshya Forrum For Competitions Private Limited | U80301MH2012PTC238011 | - |
Showing major subsidiaries. Total: 7.
Charges & Borrowings of Mt Educare Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jul 2021 | Others | ₹2.49 Cr | Open |
| 12 Apr 2017 | Others | ₹110 Cr | Open |
| 27 Feb 2017 | Axis Bank Limited | ₹33 Cr | Open |
| 26 Nov 2014 | Axis Bank Limited | ₹26.31 Cr | Open |
| 25 Jan 2017 | Others | ₹20 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Mt Educare Ltd
Mt Educare Ltd has a workforce of 129 employees as of Mar 28, 2024.
Employee and EPFO history for Mt Educare Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Mt Educare Ltd
GST registrations and filing compliance for Mt Educare Ltd
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Mt Educare Ltd
Credit ratings, litigation, and regulatory alerts for Mt Educare Ltd
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MSME Payment Delays by Mt Educare Ltd
MSME payment history for Mt Educare Ltd
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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Subsidiaries & Group Companies of Mt Educare Ltd
Corporate group structure for Mt Educare Ltd
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
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MCA Filings & Documents of Mt Educare Ltd
MCA filings and documents for Mt Educare Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Mt Educare Ltd
Recent News on Mt Educare Ltd
Frequently Asked Questions about Mt Educare Ltd
Mt Educare Ltd is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Mt Educare Ltd is a company under insolvency, formerly operating as a public limited company in the education sector based in Mumbai, Maharashtra, India. It was incorporated on 19 August 2006 and is registered under CIN L80903MH2006PLC163888. Listed on BSE: 534312 and NSE: MTEDUCARE. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mt Educare Ltd reported revenue of ₹36.14 Cr for FY 2026 (down 28.24% YoY) based on consolidated NSE filings.
The current directors and KMP of Mt Educare Ltd are:
- Surender Singh - Director
- Nanette Ralph Dsa - Director
- Dattatraya Ramchandra Kelkar - Director
- Ravindra Ashok Mishra - Company Secretary
- Roshan Lal Kamboj - Director
- Karunn Kandoi - Director
- Vipin Choudhary - Director
The CIN (Corporate Identification Number) of Mt Educare Ltd is L80903MH2006PLC163888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mt Educare Ltd is listed on both BSE (code: 534312) and NSE (symbol: MTEDUCARE).