
About MT Educare LTD
Data last updated:
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 the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹36.14 Cr, a decline of 42.45% compared to the previous year. Total assets are valued at ₹134.89 Cr (down 4.59% 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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address220 2Ndfloor Flyingcolors Panditdindayalupadhyaymarg L.B.Scrossroad Mulund (West), India, Mumbai, Maharashtra, India – 400080
- 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
MT Educare 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.
| Company Name | Status |
|---|---|
| MT Educare LTD | Current |
| Mt Educare Private Limited | Previous |
| Mt Educare Pvt Ltd | Previous |
CIN History of MT Educare
MT Educare 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
MT Educare operates two associated brands: Robomate Plus and MT Educare. Each brand links to its own profile.
| 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
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 |
|---|---|---|---|
| | Government exam preparation is provided through centers and online courses. | Bengaluru, India, India | 2018 |
| | School curriculum is tutored online through videos, quizzes, and forums. | Amman, Jordan, Jordan | 2019 |
| | Educational solutions and services company | Dallas, United States, United States | 2009 |
| | Interactive STEM courses are delivered via an online learning platform. | San Francisco, United States, United States | 2012 |
| | Provider of online learning platform for school students | Lekki, Nigeria, Nigeria | 2019 |
| | Online platform for ENEM exam preparation is offered to students. | - | 2011 |
| | App-based courses for school subjects are delivered via mobile platforms. | Jakarta, Indonesia, Indonesia | 2004 |
| | Entrance exam preparation programs are offered through education centers. | Delhi, India, India | 1995 |
| | K-12 education, vocational training and test prep provider | Delhi, India, India | 1996 |
| | Free online micro lectures on diverse subjects are offered. | Mountain View, United States, United States | 2008 |
Business Activity of MT Educare
The business activities of MT Educare are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details for MT Educare LTD
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of MT Educare
MT Educare LTD is audited by MGB & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MGB & CO LLP | Locked | Locked | Locked |
Complete auditor history for MT Educare LTD
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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 |
|---|---|---|---|---|
| Surender Singh Also directs: Zee Learn Limited, Labh Ventures India Private Limited, Lakshya Forrum for Competitions Private Limited and 5 more | Director | 24 Jul 2020 | 6 Years 2 Months | As last reported |
| Nanette Ralph Dsa Also directs: Zee Learn Limited, Lbe Education Solutions LLP, Vikram Kamats Hospitality Limited and 1 more | Director | 31 Mar 2020 | 6 Years 6 Months | As last reported |
| Dattatraya Ramchandra Kelkar | Director | 30 Dec 2019 | 6 Years 9 Months | As last reported |
| Ravindra Ashok Mishra | Company Secretary | 15 Nov 2019 | 6 Years 10 Months | As last reported |
| Roshan Lal Kamboj | Director | 26 Sep 2019 | 7 Years 0 Months | As last reported |
| Karunn Kandoi Also directs: Zee Learn Limited, Learn Edusmart Private Limited, Kandoi Nutritech Private Limited and 1 more | Director | 01 Mar 2021 | 5 Years 7 Months | As last reported |
Financials of MT Educare LTD FY 2025-26 filings available
MT Educare LTD reported revenue of ₹36.14 Cr (down 42.45% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 36.14 | 62.80 | 57.14 | 73.64 | 73.43 | 106 | 271 |
| Revenue growth | -52.0% | +1.3% | -46.5% | +41.4% | -27.6% | -55.8% | +5.5% |
| EBITDA | 4.57 | (2.98) | (7.83) | (47.90) | (12.51) | (12.83) | 1.82 |
| EBITDA margin | +12.7% | -4.8% | -13.7% | -65.1% | -17.0% | -12.1% | +0.7% |
| Profit before tax | (2.23) | (19.97) | (26.32) | (62.96) | (22.87) | (17.90) | (38.83) |
| Net profit | (3.12) | (30.62) | (27.61) | (38.23) | (26.33) | (31.32) | (20.35) |
| Net profit margin | -8.6% | -48.8% | -48.3% | -51.9% | -35.9% | -29.6% | -7.5% |
| EPS (₹) | (0.43) | (4.29) | (3.83) | (8.40) | (3.53) | (4.19) | (6.36) |
| Balance sheet | |||||||
| Total assets | 135 | 141 | 167 | 176 | 222 | 257 | 311 |
| Net worth | (5.15) | (1.79) | 29.42 | 56.83 | 118 | 143 | 173 |
| Total debt | 138 | 142 | 135 | 117 | 98.40 | 109 | 130 |
| Cash & bank | 10.90 | 11.60 | 9.98 | 9.24 | 8.53 | 9.28 | 10.31 |
| Net working capital | 8.02 | 8.20 | 4.25 | (20.01) | (2.95) | 23.88 | (4.13) |
| Cash flow | |||||||
| Cash from operations | 1.83 | 7.02 | (2.02) | 2.00 | 5.42 | (2.81) | 79.30 |
| Cash from investing | 2.72 | 3.58 | 6.22 | (2.75) | 4.35 | 8.60 | 19.59 |
| Cash from financing | (6.32) | (7.80) | (3.75) | 1.23 | (8.80) | (6.92) | (98.43) |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.88 | 6.97 | 12.38 | 6.91 | 12.90 | 12.06 | 11.52 | 13.88 |
| Revenue growth (YoY) | -23.4% | -42.2% | +7.5% | -50.2% | +34.0% | +10.9% | -18.6% | +9.5% |
| Other income | 2.16 | 0.65 | 0.90 | 0.61 | 1.96 | 0.78 | 0.57 | 1.97 |
| EBITDA | 4.81 | (0.55) | 3.04 | (2.73) | 1.00 | (0.57) | (4.06) | 0.65 |
| EBITDA margin | +48.7% | -7.9% | +24.6% | -39.5% | +7.8% | -4.7% | -35.2% | +4.7% |
| Depreciation | 1.56 | 1.39 | 1.56 | 1.53 | 1.54 | 2.32 | 2.32 | 2.65 |
| Interest | 2.50 | 0.61 | 0.67 | 1.31 | 3.73 | 3.28 | 3.22 | 3.19 |
| Profit before tax | 2.91 | (1.90) | 1.71 | (4.96) | (2.31) | (5.39) | (9.03) | (3.22) |
| Tax | 0.32 | 0.19 | 0.23 | 0.16 | 11.36 | (0.08) | 0.06 | (0.32) |
| Net profit | 2.59 | (2.09) | 1.48 | (5.12) | (13.67) | (5.31) | (9.09) | (2.90) |
| EPS (₹) | 0.36 | (0.29) | 0.21 | (0.71) | (1.89) | (0.74) | (1.26) | (0.40) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11.97 | 25.60 | 28.79 | 35.73 | 34.41 | 55.58 | 163 |
| Revenue growth | -48.6% | -2.8% | -55.5% | +65.8% | -34.7% | -60.1% | -2.6% |
| EBITDA | (4.73) | (6.90) | (4.63) | (39.39) | (10.89) | (13.82) | (11.29) |
| EBITDA margin | -39.5% | -27.0% | -16.1% | -110.2% | -31.7% | -24.9% | -7.0% |
| Profit before tax | (5.39) | 15.30 | (15.32) | (51.33) | (20.62) | (20.40) | (46.99) |
| Net profit | (6.16) | (8.76) | (14.82) | (25.08) | (27.27) | (32.99) | (24.50) |
| Net profit margin | -51.5% | -34.2% | -51.5% | -70.2% | -79.3% | -59.4% | -15.1% |
| EPS (₹) | (0.85) | 1.14 | (2.04) | (6.73) | (3.48) | (4.16) | (7.24) |
| Balance sheet | |||||||
| Total assets | 87.18 | 96.73 | 141 | 150 | 194 | 224 | 278 |
| Net worth | 52.39 | 58.58 | 50.63 | 65.14 | 114 | 139 | 168 |
| Total debt | 34.10 | 37.55 | 88.92 | 83.54 | 75.86 | 80.44 | 47.26 |
| Cash & bank | 9.89 | 9.98 | 6.64 | 4.57 | 6.09 | 6.25 | 6.30 |
| Net working capital | 0.70 | 6.06 | 9.38 | (7.95) | 13.01 | 50.85 | 30.08 |
| Cash flow | |||||||
| Cash from operations | 2.31 | 5.36 | (0.62) | 10.33 | 2.89 | (3.55) | 56.96 |
| Cash from investing | (0.66) | 2.45 | 7.20 | (1.78) | 5.83 | 9.10 | 25.03 |
| Cash from financing | (3.03) | (4.75) | (4.72) | (10.24) | (7.37) | (5.62) | (83.11) |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.86 | 2.45 | 2.88 | 3.79 | 4.76 | 4.96 | 5.79 | 6.17 |
| Revenue growth (YoY) | -39.9% | -50.6% | -50.3% | -38.6% | -16.9% | -15.9% | -9.1% | -17.2% |
| Other income | 1.15 | 0.59 | 0.63 | 0.60 | 24.63 | 0.75 | 0.52 | 1.68 |
| Total expenses | 2.70 | 3.89 | 5.00 | 5.12 | 5.10 | 6.07 | 9.09 | 8.32 |
| EBITDA | 0.16 | (1.44) | (2.12) | (1.33) | (0.34) | (1.11) | (3.30) | (2.15) |
| EBITDA margin | +5.6% | -58.8% | -73.6% | -35.1% | -7.1% | -22.4% | -57.0% | -34.8% |
| Depreciation | 0.59 | 0.55 | 0.59 | 0.65 | (0.96) | 1.49 | 1.58 | 1.70 |
| Interest | 0.29 | 0.32 | 0.30 | 0.35 | (3.80) | 1.81 | 1.83 | 1.72 |
| Profit before tax | 0.43 | (1.72) | (2.38) | (1.73) | 29.05 | (3.66) | (6.19) | (3.89) |
| Tax | 0.20 | 0.16 | 0.24 | 0.17 | 8.03 | (0.31) | (0.33) | (0.30) |
Financial Statements
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.88 | 6.97 | 12.38 | 6.91 | 12.90 | 12.06 | 11.52 | 13.88 |
| Revenue growth (YoY) | -23.4% | -42.2% | +7.5% | -50.2% | +34.0% | +10.9% | -18.6% | +9.5% |
| Other income | 2.16 | 0.65 | 0.90 | 0.61 | 1.96 | 0.78 | 0.57 | 1.97 |
| EBITDA | 4.81 | (0.55) | 3.04 | (2.73) | 1.00 | (0.57) | (4.06) | 0.65 |
| EBITDA margin | +48.7% | -7.9% | +24.6% | -39.5% | +7.8% | -4.7% | -35.2% | +4.7% |
| Depreciation | 1.56 | 1.39 | 1.56 | 1.53 | 1.54 | 2.32 | 2.32 | 2.65 |
| Interest | 2.50 | 0.61 | 0.67 | 1.31 | 3.73 | 3.28 | 3.22 | 3.19 |
| Profit before tax | 2.91 | (1.90) | 1.71 | (4.96) | (2.31) | (5.39) | (9.03) | (3.22) |
| Tax | 0.32 | 0.19 | 0.23 | 0.16 | 11.36 | (0.08) | 0.06 | (0.32) |
| Net profit | 2.59 | (2.09) | 1.48 | (5.12) | (13.67) | (5.31) | (9.09) | (2.90) |
| EPS (₹) | 0.36 | (0.29) | 0.21 | (0.71) | (1.89) | (0.74) | (1.26) | (0.40) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 36.14 | 62.80 | 57.14 | 73.64 | 73.43 | 106 | 271 |
| Revenue growth | -52.0% | +1.3% | -46.5% | +41.4% | -27.6% | -55.8% | +5.5% |
| Other income | 4.32 | 5.27 | 4.03 | 4.50 | 14.98 | 37.90 | 26.26 |
| Total expenses | 31.57 | 65.78 | 64.97 | 122 | 85.94 | 119 | 269 |
| Employee cost | 0.00 | 9.50 | 8.61 | 13.83 | 14.27 | 19.46 | 31.93 |
| EBITDA | 4.57 | (2.98) | (7.83) | (47.90) | (12.51) | (12.83) | 1.82 |
| EBITDA margin | +12.7% | -4.8% | -13.7% | -65.1% | -17.0% | -12.1% | +0.7% |
| Depreciation | 6.04 | 8.83 | 10.37 | 10.92 | 14.72 | 26.34 | 42.88 |
| Interest | 5.08 | 13.43 | 12.15 | 8.64 | 10.62 | 16.63 | 24.03 |
| Profit before tax | (2.23) | (19.97) | (26.32) | (62.96) | (22.87) | (17.90) | (38.83) |
| Tax | 0.89 | 11.02 | 1.34 | (2.26) | 2.66 | 12.34 | 7.11 |
| Net profit | (3.12) | (30.62) | (27.61) | (38.23) | (26.33) | (31.32) | (20.35) |
| Net profit margin | -8.6% | -48.8% | -48.3% | -51.9% | -35.9% | -29.6% | -7.5% |
| EPS (₹) | (0.43) | (4.29) | (3.83) | (8.40) | (3.53) | (4.19) | (6.36) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 72.23 | 72.23 | 72.23 | 72.23 | 72.23 | 72.23 | 72.23 |
| Reserves & surplus | (77.38) | (74.02) | (42.81) | (15.40) | 45.31 | 70.73 | 101 |
| Shareholders' funds (net worth) | (5.15) | (1.79) | 29.42 | 56.83 | 118 | 143 | 173 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 206 | 206 | 182 | 121 | 112 | 80.27 | 62.17 |
| Unsecured loans | (68.32) | (64.46) | (47.36) | (3.95) | (14.01) | 28.59 | 68.15 |
| Total debt | 138 | 142 | 135 | 117 | 98.40 | 109 | 130 |
| Total liabilities | 135 | 141 | 167 | 176 | 222 | 257 | 311 |
| Assets | |||||||
| Gross block | 79.01 | 84.56 | 200 | 194 | 255 | 272 | 305 |
| Net block | 11.29 | 17.86 | 75.16 | 72.16 | 92.67 | 113 | 141 |
| Capital work in progress | 0.00 | 0.00 | 0.15 | 0.22 | 0.57 | 0.00 | 6.88 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.43 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 11.02 | 10.50 | 9.18 | 10.96 | 24.21 | 30.45 | 35.93 |
| Cash & bank balances | 10.90 | 11.60 | 9.98 | 9.24 | 8.53 | 9.28 | 10.31 |
| Loans & advances | 103 | 106 | 106 | 78.27 | 75.36 | 105 | 65.28 |
| Total current assets | 125 | 128 | 125 | 98.47 | 108 | 145 | 112 |
| Total current liabilities | 117 | 120 | 121 | 118 | 111 | 121 | 116 |
| Net working capital | 8.02 | 8.20 | 4.25 | (20.01) | (2.95) | 23.88 | (4.13) |
| Total assets | 135 | 141 | 167 | 176 | 222 | 257 | 311 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.98 | 4.18 | 3.73 | 3.25 | 2.27 | 3.41 | 2.95 |
| Net cash from operating activities | 1.83 | 7.02 | (2.02) | 2.00 | 5.42 | (2.81) | 79.30 |
| Net cash from investing activities | 2.72 | 3.58 | 6.22 | (2.75) | 4.35 | 8.60 | 19.59 |
| Net cash from financing activities | (6.32) | (7.80) | (3.75) | 1.23 | (8.80) | (6.92) | (98.43) |
| Net change in cash | (1.77) | 2.80 | 0.45 | 0.47 | 0.98 | (1.13) | 0.45 |
| Closing cash | 10.90 | 11.60 | 9.98 | 9.24 | 8.53 | 9.28 | 10.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -42.5% | +9.9% | -22.4% | +0.3% | -30.7% | -60.9% | -4.5% |
| EBITDA growth | +9998.0% | +61.9% | +83.7% | -282.9% | +2.5% | - | -93.6% |
| PBT growth | +88.8% | +24.1% | +58.2% | -175.3% | -27.8% | +53.9% | - |
| Net income growth | +89.8% | -10.9% | +27.8% | -45.2% | +15.9% | -53.9% | - |
| Revenue CAGR (3Y) | -21.1% | -5.1% | -18.6% | -35.2% | -36.2% | -21.9% | -3.9% |
| EBITDA CAGR (3Y) | - | -38.0% | -15.2% | - | - | -57.9% | -61.0% |
| Profitability & leverage | |||||||
| Net income margin | -8.6% | -49.4% | -48.4% | -82.4% | -34.8% | -28.6% | -17.0% |
| Return on capital employed | - | 0.0% | -8.3% | -16.0% | -5.1% | -0.5% | 0.0% |
| Return on net worth | - | 0.0% | -64.1% | -43.9% | -19.6% | -19.1% | 0.0% |
| Debt / equity | - | 9.91 | 2.92 | 1.24 | 0.80 | 0.76 | 0.67 |
| Long-term debt / equity | - | 6.62 | 1.95 | 0.91 | 0.53 | 0.48 | 0.57 |
| Interest cover | -345.58 | -113.72 | -66.76 | -14.69 | -39.00 | -42.46 | -58.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.39 | 0.29 | 0.33 | 0.28 | 0.37 | 1.01 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 6.38 | 5.67 | 4.19 | 2.69 | 3.19 | 8.81 |
| EPS (₹) | (0.43) | (4.29) | (3.83) | (8.40) | (3.53) | (4.19) | (6.36) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (0.25) | 4.07 | 7.87 | 16.27 | 19.79 | 23.93 |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.86 | 2.45 | 2.88 | 3.79 | 4.76 | 4.96 | 5.79 | 6.17 |
| Revenue growth (YoY) | -39.9% | -50.6% | -50.3% | -38.6% | -16.9% | -15.9% | -9.1% | -17.2% |
| Other income | 1.15 | 0.59 | 0.63 | 0.60 | 24.63 | 0.75 | 0.52 | 1.68 |
| Total expenses | 2.70 | 3.89 | 5.00 | 5.12 | 5.10 | 6.07 | 9.09 | 8.32 |
| EBITDA | 0.16 | (1.44) | (2.12) | (1.33) | (0.34) | (1.11) | (3.30) | (2.15) |
| EBITDA margin | +5.6% | -58.8% | -73.6% | -35.1% | -7.1% | -22.4% | -57.0% | -34.8% |
| Depreciation | 0.59 | 0.55 | 0.59 | 0.65 | (0.96) | 1.49 | 1.58 | 1.70 |
| Interest | 0.29 | 0.32 | 0.30 | 0.35 | (3.80) | 1.81 | 1.83 | 1.72 |
| Profit before tax | 0.43 | (1.72) | (2.38) | (1.73) | 29.05 | (3.66) | (6.19) | (3.89) |
| Tax | 0.20 | 0.16 | 0.24 | 0.17 | 8.03 | (0.31) | (0.33) | (0.30) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11.97 | 25.60 | 28.79 | 35.73 | 34.41 | 55.58 | 163 |
| Revenue growth | -48.6% | -2.8% | -55.5% | +65.8% | -34.7% | -60.1% | -2.6% |
| Other income | 2.98 | 27.57 | 3.40 | 3.84 | 10.05 | 27.09 | 21.34 |
| Total expenses | 16.70 | 32.50 | 33.42 | 75.12 | 45.30 | 69.40 | 174 |
| Employee cost | 0.00 | 6.07 | 5.02 | 9.36 | 11.32 | 18.49 | 28.90 |
| EBITDA | (4.73) | (6.90) | (4.63) | (39.39) | (10.89) | (13.82) | (11.29) |
| EBITDA margin | -39.5% | -27.0% | -16.1% | -110.2% | -31.7% | -24.9% | -7.0% |
| Depreciation | 2.38 | 3.81 | 6.80 | 8.75 | 11.41 | 21.62 | 37.22 |
| Interest | 1.26 | 1.56 | 7.29 | 7.03 | 8.37 | 12.05 | 19.82 |
| Profit before tax | (5.39) | 15.30 | (15.32) | (51.33) | (20.62) | (20.40) | (46.99) |
| Tax | 0.77 | 7.08 | (0.58) | (2.75) | 4.54 | 9.65 | 5.30 |
| Net profit | (6.16) | (8.76) | (14.82) | (25.08) | (27.27) | (32.99) | (24.50) |
| Net profit margin | -51.5% | -34.2% | -51.5% | -70.2% | -79.3% | -59.4% | -15.1% |
| EPS (₹) | (0.85) | 1.14 | (2.04) | (6.73) | (3.48) | (4.16) | (7.24) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 72.23 | 72.23 | 72.23 | 72.23 | 72.23 | 72.23 | 72.23 |
| Reserves & surplus | (19.84) | (13.65) | (21.60) | (7.09) | 41.48 | 66.50 | 96.26 |
| Shareholders' funds (net worth) | 52.39 | 58.58 | 50.63 | 65.14 | 114 | 139 | 168 |
| Secured loans | 50.28 | 50.60 | 47.39 | 46.14 | 49.52 | 57.68 | 32.16 |
| Unsecured loans | (16.18) | (13.05) | 41.53 | 37.40 | 26.34 | 22.76 | 15.10 |
| Total debt | 34.10 | 37.55 | 88.92 | 83.54 | 75.86 | 80.44 | 47.26 |
| Total liabilities | 87.18 | 96.73 | 141 | 150 | 194 | 224 | 278 |
| Assets | |||||||
| Gross block | 37.40 | 40.39 | 87.86 | 113 | 159 | 168 | 230 |
| Net block | 5.41 | 8.98 | 35.04 | 38.78 | 45.02 | 57.11 | 93.50 |
| Capital work in progress | 0.00 | 0.00 | 0.15 | 0.00 | 0.19 | 0.00 | 0.13 |
| Investments | 12.98 | 12.98 | 12.98 | 12.98 | 31.45 | 31.45 | 40.33 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 15.83 | 15.22 | 12.97 | 15.66 | 27.48 | 36.48 | 25.35 |
| Cash & bank balances | 9.89 | 9.98 | 6.64 | 4.57 | 6.09 | 6.25 | 6.30 |
| Loans & advances | 55.51 | 62.94 | 69.65 | 53.64 | 57.27 | 91.49 | 79.73 |
| Total current assets | 81.23 | 88.14 | 89.26 | 73.87 | 90.84 | 134 | 111 |
| Total current liabilities | 80.53 | 82.08 | 79.88 | 81.82 | 77.83 | 83.37 | 81.30 |
| Net working capital | 0.70 | 6.06 | 9.38 | (7.95) | 13.01 | 50.85 | 30.08 |
| Total assets | 87.18 | 96.73 | 141 | 150 | 194 | 224 | 278 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.60 | 2.53 | 0.67 | 2.36 | 1.01 | 1.08 | 2.20 |
| Net cash from operating activities | 2.31 | 5.36 | (0.62) | 10.33 | 2.89 | (3.55) | 56.96 |
| Net cash from investing activities | (0.66) | 2.45 | 7.20 | (1.78) | 5.83 | 9.10 | 25.03 |
| Net cash from financing activities | (3.03) | (4.75) | (4.72) | (10.24) | (7.37) | (5.62) | (83.11) |
| Net change in cash | (1.39) | 3.07 | 1.86 | (1.69) | 1.35 | (0.07) | (1.12) |
| Closing cash | 9.89 | 9.98 | 6.64 | 4.57 | 6.09 | 6.25 | 6.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -53.2% | -11.1% | -19.4% | +3.8% | -38.1% | -65.8% | -18.5% |
| EBITDA growth | +31.5% | -49.0% | +88.3% | -261.7% | +21.2% | -22.4% | - |
| PBT growth | - | +9998.0% | +70.2% | -148.9% | -1.1% | +56.6% | - |
| Net income growth | +29.7% | +40.9% | +40.9% | +8.0% | +17.3% | -34.7% | - |
| Revenue CAGR (3Y) | -30.6% | -9.4% | -19.7% | -39.6% | -44.3% | -35.2% | -13.7% |
| EBITDA CAGR (3Y) | -50.7% | -14.1% | -30.6% | +51.7% | - | -56.0% | - |
| Profitability & leverage | |||||||
| Net income margin | -51.5% | +32.1% | -51.2% | -136.0% | -73.1% | -54.1% | -32.2% |
| Return on capital employed | - | -6.1% | -5.5% | -12.1% | -6.9% | 0.0% | 0.0% |
| Return on net worth | - | -16.1% | -25.5% | -28.1% | -21.6% | 0.0% | 0.0% |
| Debt / equity | - | 1.16 | 1.49 | 0.89 | 0.62 | 0.42 | 0.30 |
| Long-term debt / equity | - | 0.48 | 0.87 | 0.52 | 0.35 | 0.23 | 0.25 |
| Interest cover | -17.72 | -14.57 | -63.78 | -14.60 | -37.53 | -34.00 | -40.86 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.34 | 0.29 | 0.26 | 0.21 | 0.28 | 0.89 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 1.82 | 2.01 | 1.66 | 1.08 | 1.80 | 7.21 |
| EPS (₹) | (0.85) | 1.14 | (2.04) | (6.73) | (3.48) | (4.16) | (7.24) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 8.11 | 7.01 | 9.02 | 15.74 | 19.21 | 23.33 |
Shareholding Pattern of MT Educare LTD
Shareholding for the quarter ended Sep 2026: promoters hold 59.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 40.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 59.10% | 59.10% | 59.10% | 59.10% |
| Public | 40.90% | 40.90% | 40.90% | 40.90% |
Group Structure of MT Educare LTD
MT Educare has 7 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| 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
| 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
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 and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of MT Educare
GST registrations and filing compliance for MT Educare LTD
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for MT Educare
Credit ratings, litigation, and regulatory alerts for MT Educare LTD
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by MT Educare
MSME payment history for MT Educare LTD
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of MT Educare
Corporate group structure for MT Educare LTD
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MT Educare
MCA filings and documents for MT Educare LTD
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on MT Educare
Recent News on MT Educare
Frequently Asked Questions about MT Educare LTD
MT Educare 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 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 reported revenue of ₹36.14 Cr for FY 2025-26 (down 42.45% YoY) based on consolidated financials.
The current directors and KMP of MT Educare 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 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 is listed on both BSE (code: 534312) and NSE (symbol: MTEDUCARE).