MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0092248
Market Cap
₹197 Cr
ZEELEARN · NSE
Share Price
₹6.01
+1.52% today
Revenue
₹334 Cr
FY 2025-26 · -10.2% YoY
EBITDA
₹95.87 Cr
Margin 28.7%
Net Profit
₹23.71 Cr
FY 2025-26 · +28.9% YoY
P/E (TTM)
7.2x
P/B 0.8x
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹32.77 Cr
Issued & subscribed
About Zee Learn Limited
Data last updated:
Zee Learn Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the preschools segment of the education sector. It was incorporated on 04 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L80301MH2010PLC198405. Its GSTIN is 27AAACZ3977E1Z1 (Maharashtra). The company holds 9 GST registrations, all of them active. Its shares are listed on BSE: 533287 and NSE: ZEELEARN.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹32.77 Cr. It is led by directors including Manish Rastogi (Whole-Time Director) and Nanette Ralph Dsa.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Continental Building 135 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹334.16 Cr, a decline of 10.2% compared to the previous year. For the same year it recorded a net profit of ₹23.71 Cr (net margin 7.1%) and EBITDA of ₹95.87 Cr (EBITDA margin 28.7%). The net worth stands at ₹235.03 Cr (up 19.9% YoY). Total assets are valued at ₹758.05 Cr (up 2.2% YoY).
The company has about 310 employees on its provident fund (EPFO) records. Its group structure includes 11 subsidiaries.
The company is associated with 10 brands, including Arasanmodelschool, Mountliteraghogali, Mlzsmuzaffarpur, Mountliterabhubaneswar, Zeeschooldiamondcity and others. As per MCA filings, the company has open charges of ₹632.39 Cr and satisfied charges of ₹200.8 Cr on record. Court records list 209 cases involving the company, including 140 filed by the company and 55 filed against it; 54 cases are pending. The company has 46 deals on record (45 market trades, 1 funding round), with disclosed funding of ₹109.55 Cr; the latest was in June 2026. The company has 21 MSME Form 1 returns on record between 2018 and 2024, listing 2,419 overdue payments to 153 micro and small suppliers.
Zee Learn Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0092248). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zeelearn.com.
Company Details of Zee Learn Limited
CIN L80301MH2010PLC198405
Registration Number 198405
Incorporation Date 04 January 2010
ROC Mumbai
Listing Status Listed (BSE: 533287, NSE: ZEELEARN)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0092248
CIN History of Zee Learn Limited
Zee Learn has one previous CIN (Corporate Identification Number): U80301MH2010PLC198405. The current CIN is L80301MH2010PLC198405, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L80301MH2010PLC198405 | Current |
| U80301MH2010PLC198405 | Previous |
Key People
Manish Rastogi Whole-Time Director Nanette Ralph Dsa Director Dattatraya Ramchandra Kelkar Director Recognitions & Rankings of Zee Learn
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressContinental Building 135 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryEducation, Preschools, K-12 & Higher Education Institutions
Comprehensive company report
Zee Learn Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Zee Learn Limited
Zee Learn operates multiple associated brands including Arasanmodelschool, Mountliteraghogali, and Mlzsmuzaffarpur. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers CBSE education with academic courses and co-curricular activities for students. | arasanmodelschool.com | |
| Provides CBSE curriculum education from nursery to class 12 with extracurricular activities. | mlzsmuzaffarpur.com | |
| CBSE boarding school offering academic programs and extracurricular activities in Surat. | zeeschooldiamondcity.com | |
| Preschool education, day care, and early childhood programs in India. | kidzeeghitorni.in | |
| Early childhood education and daycare services in India and Nepal. | learnwithkidzee.com | |
| Training programs in animation, VFX, and design are provided. | zica.org | |
| K-12 schools and pre-school chains are operated in India. | zeelearn.com | |
| Offers pre-primary to higher secondary education with academic and extracurricular programs. | mountliteraghogali.com | |
| Offers CBSE curriculum, modern facilities, and student activities in Bhubaneswar. | mountliterabhubaneswar.org | |
| Preschool education and daycare services are provided for young children. | kidzee.com |
Financials of Zee Learn Limited FY 2025-26 filings available
Zee Learn Limited reported revenue of ₹334.16 Cr (down 10.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹334 Cr
-10.2% YoY
EBITDA
₹95.87 Cr
+9.7% YoY
Profit After Tax
₹23.71 Cr
+28.9% YoY
Net Worth
₹235 Cr
+19.9% YoY
Total Assets
₹758 Cr
+2.2% YoY
Total Debt
₹379 Cr
-4.9% YoY
Revenue 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 | 334 | 372 | 356 | 324 | 248 | 257 | 515 |
| Revenue growth | -10.2% | +4.4% | +9.9% | +30.8% | -3.6% | -50.1% | - |
| EBITDA | 95.87 | 87.37 | 96.43 | (397) | 47.40 | 43.09 | 137 |
| EBITDA margin | +28.7% | +23.5% | +27.1% | -122.3% | +19.1% | +16.8% | +26.7% |
| Profit before tax | 67.27 | 32.88 | 176 | (452) | 0.84 | (2.02) | 55.62 |
| Net profit | 23.71 | 18.40 | 53.13 | (28.75) | 8.24 | (10.43) | 57.77 |
| Net profit margin | +7.1% | +5.0% | +14.9% | -8.9% | +3.3% | -4.1% | +11.2% |
| EPS (₹) | 1.42 | 0.39 | 4.99 | (13.60) | (0.08) | (0.27) | 1.34 |
| Balance sheet | |||||||
| Total assets | 758 | 741 | 694 | 769 | 1,213 | 1,245 | 1,293 |
| Net worth | 235 | 196 | 183 | 19.24 | 463 | 464 | 471 |
| Total debt | 379 | 399 | 360 | 463 | 437 | 444 | 458 |
| Cash & bank | 60.23 | 29.72 | 22.80 | 34.99 | 31.88 | 13.26 | 15.53 |
| Net working capital | 79.93 | 30.78 | (11.06) | (93.05) | (36.96) | (24.03) | (80.94) |
| Cash flow | |||||||
| Cash from operations | 108 | 82.89 | 60.47 | 41.98 | 62.50 | 12.43 | 122 |
| Cash from investing | (5.83) | (12.56) | (6.15) | (12.02) | (5.64) | 14.26 | 15.39 |
| Cash from financing | (71.38) | (63.35) | (60.97) | (29.88) | (36.90) | (29.12) | (150) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 93.32 | 159 | 79.67 | 74.25 | 79.14 | 159 | 74.74 | 58.19 |
| Revenue growth (YoY) | +17.9% | +0.3% | +6.6% | +27.6% | -1.5% | - | - | - |
| Other income | 3.94 | 45.12 | 3.85 | 5.33 | 3.86 | 3.58 | 6.91 | 6.34 |
| EBITDA | 30.37 | 43.93 | 8.74 | 12.16 | 26.46 | 48.54 | 8.54 | 6.53 |
| EBITDA margin | +32.5% | +27.6% | +11.0% | +16.4% | +33.4% | +30.6% | +11.4% | +11.2% |
| Depreciation | 11.57 | 11.86 | 10.48 | 10.57 | 11.00 | 10.48 | 9.00 | 8.48 |
| Interest | 8.05 | 11.46 | 1.39 | 12.73 | 12.53 | 10.01 | 9.55 | 8.27 |
| Profit before tax | 14.69 | 65.73 | 0.72 | (5.81) | 6.79 | 31.63 | (3.10) | (3.88) |
| Tax | 6.27 | 20.33 | 3.37 | 0.34 | 4.90 | 14.76 | 0.66 | 0.15 |
| Net profit | 8.42 | 45.40 | (2.65) | (6.15) | 1.89 | 16.87 | (3.76) | (4.03) |
| EPS (₹) | 0.33 | 1.65 | (0.08) | (0.19) | 0.05 | 0.51 | (0.12) | (0.12) |
| 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 | 313 | 274 | 253 | 190 | 104 | 90.31 | 194 |
| Revenue growth | +14.1% | +8.4% | +32.6% | +83.1% | +15.2% | -53.5% | - |
| EBITDA | 87.38 | 90.07 | 86.84 | (331) | (76.34) | 26.41 | 100 |
| EBITDA margin | +28.0% | +32.9% | +34.4% | -173.6% | -73.4% | +29.2% | +51.7% |
| Profit before tax | 119 | 74.54 | 69.17 | (347) | (71.83) | 22.84 | 91.13 |
| Net profit | 59.77 | 54.29 | 49.77 | 42.40 | 38.29 | 16.47 | 68.53 |
| Net profit margin | +19.1% | +19.8% | +19.7% | +22.3% | +36.8% | +18.2% | +35.3% |
| EPS (₹) | 2.76 | 1.66 | 1.53 | (10.97) | (2.52) | 0.51 | 2.10 |
| Balance sheet | |||||||
| Total assets | 477 | 428 | 361 | 322 | 680 | 773 | 755 |
| Net worth | 254 | 163 | 108 | 57.37 | 415 | 496 | 478 |
| Total debt | 173 | 214 | 199 | 202 | 203 | 209 | 199 |
| Cash & bank | 57.98 | 25.66 | 20.51 | 21.46 | 20.20 | 1.46 | 1.64 |
| Net working capital | 74.90 | 29.03 | (9.24) | (43.31) | (45.76) | (40.52) | (41.26) |
| Cash flow | |||||||
| Cash from operations | 105 | 82.92 | 54.25 | 35.59 | 54.11 | 17.72 | 81.23 |
| Cash from investing | (11.87) | (21.28) | (5.87) | (12.39) | (14.35) | (9.34) | (55.40) |
| Cash from financing | (60.94) | (56.42) | (49.32) | (24.74) | (21.39) | (8.59) | (34.43) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.89 | 154 | 45.67 | 39.27 | 73.71 | 128 | 44.35 | 37.84 |
| Revenue growth (YoY) | +19.2% | +20.1% | +3.0% | +3.8% | +16.2% | - | - | - |
| Other income | 1.91 | 44.99 | 1.48 | 2.88 | 1.70 | 2.39 | 4.10 | 4.02 |
| Total expenses | 61.79 | 100 | 42.39 | 33.00 | 49.70 | 66.83 | 39.08 | 35.09 |
| EBITDA | 26.10 | 53.81 | 3.28 | 6.27 | 24.01 | 61.37 | 5.27 | 2.75 |
| EBITDA margin | +29.7% | +35.0% | +7.2% | +16.0% | +32.6% | +47.9% | +11.9% | +7.3% |
| Depreciation | 3.77 | 3.53 | 2.66 | 2.72 | 2.32 | 2.78 | 1.10 | 0.55 |
| Interest | 1.54 | 2.12 | (5.36) | 5.71 | 5.43 | 5.79 | 5.54 | 5.32 |
| Profit before tax | 22.70 | 93.15 | 7.46 | 0.72 | 17.96 | 55.19 | 2.73 | 0.90 |
| Tax | 6.27 | 20.30 | 3.27 | 0.25 | 4.90 | 15.21 | 0.56 | 0.09 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 93.32 | 159 | 79.67 | 74.25 | 79.14 | 159 | 74.74 | 58.19 |
| Revenue growth (YoY) | +17.9% | +0.3% | +6.6% | +27.6% | -1.5% | - | - | - |
| Other income | 3.94 | 45.12 | 3.85 | 5.33 | 3.86 | 3.58 | 6.91 | 6.34 |
| EBITDA | 30.37 | 43.93 | 8.74 | 12.16 | 26.46 | 48.54 | 8.54 | 6.53 |
| EBITDA margin | +32.5% | +27.6% | +11.0% | +16.4% | +33.4% | +30.6% | +11.4% | +11.2% |
| Depreciation | 11.57 | 11.86 | 10.48 | 10.57 | 11.00 | 10.48 | 9.00 | 8.48 |
| Interest | 8.05 | 11.46 | 1.39 | 12.73 | 12.53 | 10.01 | 9.55 | 8.27 |
| Profit before tax | 14.69 | 65.73 | 0.72 | (5.81) | 6.79 | 31.63 | (3.10) | (3.88) |
| Tax | 6.27 | 20.33 | 3.37 | 0.34 | 4.90 | 14.76 | 0.66 | 0.15 |
| Net profit | 8.42 | 45.40 | (2.65) | (6.15) | 1.89 | 16.87 | (3.76) | (4.03) |
| EPS (₹) | 0.33 | 1.65 | (0.08) | (0.19) | 0.05 | 0.51 | (0.12) | (0.12) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 334 | 372 | 356 | 324 | 248 | 257 | 515 |
| Revenue growth | -10.2% | +4.4% | +9.9% | +30.8% | -3.6% | -50.1% | - |
| Other income | 53.36 | 20.60 | 146 | 20.24 | 34.38 | 56.33 | 41.55 |
| Total expenses | 238 | 285 | 260 | 721 | 200 | 214 | 378 |
| Employee cost | 0.00 | 133 | 95.74 | 104 | 94.17 | 104 | 141 |
| EBITDA | 95.87 | 87.37 | 96.43 | (397) | 47.40 | 43.09 | 137 |
| EBITDA margin | +28.7% | +23.5% | +27.1% | -122.3% | +19.1% | +16.8% | +26.7% |
| Depreciation | 43.89 | 36.40 | 24.08 | 32.09 | 36.69 | 49.95 | 64.11 |
| Interest | 38.07 | 38.69 | 41.75 | 43.55 | 44.25 | 51.49 | 59.05 |
| Profit before tax | 67.27 | 32.88 | 176 | (452) | 0.84 | (2.02) | 55.62 |
| Tax | 28.73 | 20.15 | 20.78 | 9.66 | 13.99 | 19.13 | 30.53 |
| Net profit | 23.71 | 18.40 | 53.13 | (28.75) | 8.24 | (10.43) | 57.77 |
| Net profit margin | +7.1% | +5.0% | +14.9% | -8.9% | +3.3% | -4.1% | +11.2% |
| EPS (₹) | 1.42 | 0.39 | 4.99 | (13.60) | (0.08) | (0.27) | 1.34 |
| 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 | 32.71 | 32.71 | 32.61 | 32.61 | 32.61 | 32.61 | 32.61 |
| Reserves & surplus | 202 | 163 | 150 | (13.37) | 430 | 432 | 438 |
| Shareholders' funds (net worth) | 235 | 196 | 183 | 19.24 | 463 | 464 | 471 |
| Minority interest | 0.00 | 0.00 | 0.00 | 122 | 140 | 150 | 162 |
| Secured loans | 215 | 191 | 179 | 309 | 302 | 301 | 207 |
| Unsecured loans | 164 | 207 | 180 | 154 | 135 | 143 | 251 |
| Total debt | 379 | 399 | 360 | 463 | 437 | 444 | 458 |
| Total liabilities | 758 | 741 | 694 | 769 | 1,213 | 1,245 | 1,293 |
| Assets | |||||||
| Gross block | 778 | 757 | 742 | 860 | 1,205 | 1,226 | 1,249 |
| Net block | 593 | 615 | 628 | 649 | 987 | 1,025 | 1,070 |
| Capital work in progress | 0.13 | 0.43 | 0.20 | 52.72 | 53.02 | 52.58 | 59.46 |
| Investments | 5.94 | 5.50 | 0.00 | 0.00 | 0.00 | 0.00 | 10.52 |
| Inventories | 26.96 | 26.05 | 27.25 | 26.20 | 4.93 | 10.66 | 17.70 |
| Sundry debtors | 47.29 | 40.51 | 37.70 | 26.38 | 103 | 91.36 | 66.71 |
| Cash & bank balances | 60.23 | 29.72 | 22.80 | 34.99 | 31.88 | 13.26 | 15.53 |
| Loans & advances | 780 | 702 | 291 | 72.62 | 56.92 | 87.04 | 48.80 |
| Total current assets | 915 | 799 | 379 | 160 | 197 | 202 | 149 |
| Total current liabilities | 835 | 768 | 390 | 253 | 234 | 226 | 230 |
| Net working capital | 79.93 | 30.78 | (11.06) | (93.05) | (36.96) | (24.03) | (80.94) |
| Total assets | 758 | 741 | 694 | 769 | 1,213 | 1,245 | 1,293 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 26.04 | 19.06 | 25.71 | 25.63 | 5.66 | 8.09 | 20.70 |
| Net cash from operating activities | 108 | 82.89 | 60.47 | 41.98 | 62.50 | 12.43 | 122 |
| Net cash from investing activities | (5.83) | (12.56) | (6.15) | (12.02) | (5.64) | 14.26 | 15.39 |
| Net cash from financing activities | (71.38) | (63.35) | (60.97) | (29.88) | (36.90) | (29.12) | (150) |
| Net change in cash | 30.59 | 6.98 | (6.65) | 0.07 | 19.97 | (2.43) | (12.61) |
| Closing cash | 60.23 | 29.72 | 22.80 | 34.99 | 31.88 | 13.26 | 15.53 |
| 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 | -10.2% | +4.4% | +9.9% | +30.8% | -3.6% | -50.1% | - |
| EBITDA growth | +9.7% | -9.4% | +124.3% | -936.5% | +10.0% | -68.6% | - |
| PBT growth | +104.6% | -81.4% | +9998.0% | - | +9998.0% | - | -51.4% |
| Net income growth | +28.9% | -65.4% | +284.8% | -448.9% | +179.0% | -118.1% | - |
| Revenue CAGR (3Y) | +1.0% | +14.5% | +11.5% | -14.3% | -21.7% | -1.5% | +41.8% |
| EBITDA CAGR (3Y) | - | +22.6% | +30.8% | - | -33.0% | -25.0% | +32.4% |
| Profitability & leverage | |||||||
| Net income margin | +11.5% | +3.4% | +43.7% | -142.4% | -5.3% | -8.2% | +4.9% |
| Return on capital employed | - | +10.3% | +12.7% | 0.0% | +4.1% | +4.3% | +13.1% |
| Return on net worth | - | +5.7% | +27.0% | 0.0% | -0.5% | -4.9% | +8.7% |
| Debt / equity | - | 2.00 | 4.07 | 1.87 | 0.95 | 0.96 | 0.99 |
| Long-term debt / equity | - | 0.79 | 1.52 | 0.71 | 0.40 | 0.50 | 0.65 |
| Interest cover | 73.24 | 75.91 | 57.71 | -10.16 | 413.17 | -750.58 | 80.76 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.50 | 0.44 | 0.31 | 0.20 | 0.21 | 0.43 |
| Inventory turnover | - | 13.96 | 13.33 | 20.83 | 31.80 | 18.13 | 33.39 |
| Debtors turnover | - | 9.51 | 11.12 | 5.01 | 2.55 | 3.25 | 8.63 |
| EPS (₹) | 1.42 | 0.39 | 4.99 | (13.60) | (0.08) | (0.27) | 1.34 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 6.00 | 5.60 | 0.59 | 14.18 | 14.24 | 14.44 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.89 | 154 | 45.67 | 39.27 | 73.71 | 128 | 44.35 | 37.84 |
| Revenue growth (YoY) | +19.2% | +20.1% | +3.0% | +3.8% | +16.2% | - | - | - |
| Other income | 1.91 | 44.99 | 1.48 | 2.88 | 1.70 | 2.39 | 4.10 | 4.02 |
| Total expenses | 61.79 | 100 | 42.39 | 33.00 | 49.70 | 66.83 | 39.08 | 35.09 |
| EBITDA | 26.10 | 53.81 | 3.28 | 6.27 | 24.01 | 61.37 | 5.27 | 2.75 |
| EBITDA margin | +29.7% | +35.0% | +7.2% | +16.0% | +32.6% | +47.9% | +11.9% | +7.3% |
| Depreciation | 3.77 | 3.53 | 2.66 | 2.72 | 2.32 | 2.78 | 1.10 | 0.55 |
| Interest | 1.54 | 2.12 | (5.36) | 5.71 | 5.43 | 5.79 | 5.54 | 5.32 |
| Profit before tax | 22.70 | 93.15 | 7.46 | 0.72 | 17.96 | 55.19 | 2.73 | 0.90 |
| Tax | 6.27 | 20.30 | 3.27 | 0.25 | 4.90 | 15.21 | 0.56 | 0.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 313 | 274 | 253 | 190 | 104 | 90.31 | 194 |
| Revenue growth | +14.1% | +8.4% | +32.6% | +83.1% | +15.2% | -53.5% | - |
| Other income | 51.05 | 11.92 | 9.59 | 14.90 | 34.15 | 30.01 | 23.93 |
| Total expenses | 225 | 184 | 166 | 521 | 180 | 63.90 | 93.93 |
| Employee cost | 0.00 | 51.95 | 37.27 | 29.98 | 20.95 | 24.84 | 30.59 |
| EBITDA | 87.38 | 90.07 | 86.84 | (331) | (76.34) | 26.41 | 100 |
| EBITDA margin | +28.0% | +32.9% | +34.4% | -173.6% | -73.4% | +29.2% | +51.7% |
| Depreciation | 11.24 | 5.04 | 4.01 | 4.37 | 5.41 | 7.72 | 8.72 |
| Interest | 7.90 | 22.41 | 23.25 | 26.40 | 24.23 | 25.86 | 24.52 |
| Profit before tax | 119 | 74.54 | 69.17 | (347) | (71.83) | 22.84 | 91.13 |
| Tax | 28.71 | 20.36 | 19.18 | 11.32 | 10.19 | 6.25 | 22.54 |
| Net profit | 59.77 | 54.29 | 49.77 | 42.40 | 38.29 | 16.47 | 68.53 |
| Net profit margin | +19.1% | +19.8% | +19.7% | +22.3% | +36.8% | +18.2% | +35.3% |
| EPS (₹) | 2.76 | 1.66 | 1.53 | (10.97) | (2.52) | 0.51 | 2.10 |
| 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 | 32.71 | 32.71 | 32.61 | 32.61 | 32.61 | 32.61 | 32.61 |
| Reserves & surplus | 221 | 130 | 75.33 | 24.76 | 382 | 464 | 445 |
| Shareholders' funds (net worth) | 254 | 163 | 108 | 57.37 | 415 | 496 | 478 |
| Secured loans | 35.52 | 32.45 | 43.40 | 91.08 | 93.96 | 102 | 67.00 |
| Unsecured loans | 138 | 182 | 155 | 111 | 109 | 106 | 132 |
| Total debt | 173 | 214 | 199 | 202 | 203 | 209 | 199 |
| Total liabilities | 477 | 428 | 361 | 322 | 680 | 773 | 755 |
| Assets | |||||||
| Gross block | 65.26 | 44.54 | 32.65 | 30.74 | 30.68 | 42.54 | 45.28 |
| Net block | 33.79 | 23.83 | 8.23 | 6.37 | 8.76 | 17.62 | 26.78 |
| Capital work in progress | 0.13 | 0.43 | 0.20 | 0.05 | 0.00 | 0.12 | 0.13 |
| Investments | 345 | 345 | 341 | 343 | 602 | 602 | 602 |
| Inventories | 26.96 | 26.05 | 27.25 | 26.20 | 4.93 | 10.66 | 17.70 |
| Sundry debtors | 23.99 | 18.88 | 19.38 | 11.11 | 10.51 | 15.79 | 18.00 |
| Cash & bank balances | 57.98 | 25.66 | 20.51 | 21.46 | 20.20 | 1.46 | 1.64 |
| Loans & advances | 780 | 701 | 291 | 12.72 | 13.62 | 13.17 | 11.86 |
| Total current assets | 889 | 772 | 358 | 71.49 | 49.26 | 41.08 | 49.20 |
| Total current liabilities | 814 | 743 | 367 | 115 | 95.02 | 81.60 | 90.46 |
| Net working capital | 74.90 | 29.03 | (9.24) | (43.31) | (45.76) | (40.52) | (41.26) |
| Total assets | 477 | 428 | 361 | 322 | 680 | 773 | 755 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 21.98 | 16.77 | 17.70 | 19.24 | 0.87 | 1.07 | 9.68 |
| Net cash from operating activities | 105 | 82.92 | 54.25 | 35.59 | 54.11 | 17.72 | 81.23 |
| Net cash from investing activities | (11.87) | (21.28) | (5.87) | (12.39) | (14.35) | (9.34) | (55.40) |
| Net cash from financing activities | (60.94) | (56.42) | (49.32) | (24.74) | (21.39) | (8.59) | (34.43) |
| Net change in cash | 32.41 | 5.21 | (0.93) | (1.54) | 18.37 | (0.20) | (8.60) |
| Closing cash | 57.98 | 25.66 | 20.51 | 21.46 | 20.20 | 1.46 | 1.64 |
| 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 | +14.1% | +8.4% | +32.6% | +83.1% | +15.2% | -53.5% | - |
| EBITDA growth | -3.0% | +3.7% | +126.3% | -333.1% | -389.1% | -73.7% | - |
| PBT growth | +60.0% | +7.8% | +9998.0% | -382.4% | - | -74.9% | +5.1% |
| Net income growth | +10.1% | +9.1% | +17.4% | +10.7% | +132.5% | -76.0% | - |
| Revenue CAGR (3Y) | +18.0% | +38.1% | +40.9% | -0.7% | -20.9% | -21.5% | +6.6% |
| EBITDA CAGR (3Y) | - | - | +48.7% | - | - | -28.5% | +35.2% |
| Profitability & leverage | |||||||
| Net income margin | +29.0% | +19.8% | +19.8% | -187.9% | -78.9% | +18.4% | +35.3% |
| Return on capital employed | - | +16.8% | +20.7% | 0.0% | +8.6% | +6.4% | +16.1% |
| Return on net worth | - | +17.1% | +26.6% | 0.0% | +8.4% | +3.4% | +15.4% |
| Debt / equity | - | 1.52 | 2.42 | 0.86 | 0.45 | 0.42 | 0.43 |
| Long-term debt / equity | - | 0.06 | 0.04 | 0.01 | 0.04 | 0.08 | 0.18 |
| Interest cover | 10.38 | 26.36 | 28.07 | -7.88 | -29.64 | 138.36 | 26.73 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 7.10 | 7.97 | 6.20 | 2.84 | 2.06 | 6.39 |
| Inventory turnover | - | 10.28 | 9.45 | 12.24 | 13.34 | 6.37 | 12.61 |
| Debtors turnover | - | 14.31 | 16.57 | 17.62 | 7.91 | 5.35 | 9.52 |
| EPS (₹) | 2.76 | 1.66 | 1.53 | (10.97) | (2.52) | 0.51 | 2.10 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 4.98 | 3.31 | 1.76 | 12.73 | 15.22 | 14.64 |
Want more history and ratios?
You're viewing the latest exchange-filed financials for Zee Learn Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
Board of Directors of Zee Learn Limited
Zee Learn has 7 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nanette Ralph Dsa | Director | 31 Mar 2020 | 6 Years 6 Months | Current |
| Dattatraya Ramchandra Kelkar Also directs: Prime Filters LLP, Pyramid - Airtech Private Limited, Labh Ventures India Private Limited and 1 more | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
| Surender Singh Also directs: Labh Ventures India Private Limited, Lakshya Forrum for Competitions Private Limited, Zee Media Corporation Limited and 5 more | Director | 31 Jul 2020 | 6 Years 2 Months | Current |
| Karunn Kandoi | Director | 03 Mar 2021 | 5 Years 7 Months | Current |
| Manish Rastogi | Whole-Time Director | 22 Mar 2023 | 3 Years 6 Months | Current |
| Parag Agarawal Also directs: Pase Unconsult LLP | Director | 05 Aug 2025 | 1 Years 2 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor Details of Zee Learn Limited
Zee Learn Limited is audited by Ford Rhodes Parks & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ford Rhodes Parks & Co. LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Shareholding Pattern of Zee Learn Limited
Shareholding for the quarter ended Sep 2026: promoters hold 15.00%, foreign institutional investors hold 6.50%, domestic institutional investors hold 0.30% and retail and other public shareholders hold 78.20%.
Sep 2026
QUARTER
15.00% Promoters
0.30% DII (Domestic Institutional)
6.50% FII (Foreign Institutional)
78.20% Retail & Others
Promoter holding - history
Now 15.00% · Sep 2026High 15.00% · Dec 2025Low 15.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 15.00% | 15.00% | 15.00% | 15.00% |
| Public | 85.00% | 85.00% | 85.00% | 85.00% |
Charges & Borrowings of Zee Learn Limited
Open charges
₹632.39 Cr
Satisfied charges
₹200.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 May 2019 | Others | ₹310 Cr | Open |
| 31 Mar 2015 | Idbi Trusteeship Services Limited | ₹44.51 Cr | Open |
| 23 Dec 2014 | Others | ₹267.88 Cr | Open |
| 22 Dec 2014 | Yes Bank Limited | ₹10 Cr | Open |
| 22 Oct 2018 | Yes Bank Limited | ₹25 Cr | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of Zee Learn Limited
Zee Learn Limited has 46 deals on record (45 market trades, 1 funding round), with disclosed funding of ₹109.55 Cr; the latest was in June 2026.
Total deals
46
Market trades
45
Funding round
1
Disclosed funding
₹109.55 Cr
Deals on record (5 of 46)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹85.8 Lakh | Seller: Rattanindia Finance Private Limited |
| Jun 2024 | Market trade | ₹1.36 Cr | Buyer: Mansi Share and Stock Broking Private Limited |
| Oct 2023 | Market trade | ₹1.1 Cr | Buyer: Mansi Share and Stock Broking Private Limited Seller: Mansi Share and Stock Broking Private Limited |
| Feb 2023 | Market trade | ₹77 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited |
| May 2022 | Market trade | ₹9.35 Cr | Buyer: Topgain Finance Private Limited , Prijal Investments, Transglobal Securities Ltd, an individual Seller: Topgain Finance Private Limited , Prijal Investments, Transglobal Securities Ltd, an individual |
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Full deal history
All 46 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Zee Learn Limited
Zee Learn Limited has 209 court cases on record: 140 filed by Zee Learn, 55 filed against it, 14 where it is another party. 54 cases are pending and 155 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Total cases
209
Filed by the company
140
Filed against the company
55
Pending
54
Disposed
155
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 118 | 10 | 14 |
| District courts | 83 | 37 | 38 |
| Supreme Court | 4 | 4 | 2 |
| NCLAT | 4 | 4 | 0 |
Cases on record (5 of 209)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against V Trans (India) Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Studentmug India Private Limited | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Auro Educational Foundation | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Uti Asset Management Company Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against Mangosense Private Limited | Disposed |
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Full case history
All 209 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Zee Learn Limited
Zee Learn Limited has 21 MSME Form 1 returns on record between 2018 and 2024, listing 2,419 overdue payments to 153 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 153)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| QG Ebs Private Limited | •••• | •••• | •••• |
| Rati Logistics Private Limited | •••• | •••• | •••• |
| Mufg Intime India Private Limited | •••• | •••• | •••• |
| Robinsons Global Logistics Solutions Private Limited | •••• | •••• | •••• |
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Every supplier, amount and due date from all 21 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Zee Learn Limited
Zee Learn Limited has a workforce of 310 employees as of Apr 05, 2024.
Employee count
310
Active EPFO establishments
1
Employee growth
20.16%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Zee Learn Limited
Zee Learn has 11 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
11
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Mt Educare Ltd | L80903MH2006PLC163888 | - |
| Academia Edificio Private Limited | U45400MH2016PTC272078 | - |
| Digital Ventures Private Limited | U72900MH2006PTC165215 | - |
| Labh Ventures India Private Limited | U74999MH2015PTC262045 | - |
| Robomate Edutech Private Limited | U74999MH2016PTC286570 | - |
| Letspaper Technologies Private Limited | U74999MH2016PTC289017 | - |
Showing major subsidiaries. Total: 11.
Recent Activity on Zee Learn Limited
Zee Learn Limited has 39 board changes on record since 2010: 23 appointments and 16 cessations. The latest: Shiv Kumar Gupta was appointed as Director on 22 Jan 2026.
Appointed
Shiv Kumar Gupta was appointed as Director.
Ceased
Anish Arun Shah ceased to be CFO.
AGM
Zee Learn Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Appointed
Parag Agarawal was appointed as Director.
Charges
A charge registered on 22 Oct 2018 via Charge ID 100211189 with Yes Bank Limited was fully satisfied on 24 Jun 2025.
Ceased
Roshan Lal Kamboj ceased to be Director.
Charges
A charge with Yes Bank Limited of Rs. 25.00 Cr registered on 22 Oct 2018 with Charge ID 100211189 was modified on 09 May 2025.
Filing
Zee Learn Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 267.88 Cr registered on 23 Dec 2014 with Charge ID 10543486 was modified on 28 Mar 2025.
Charges
A charge with Others of Rs. 310.00 Cr registered on 06 May 2019 with Charge ID 100259560 was modified on 30 Oct 2024.
Charges
A charge with Yes Bank Limited of Rs. 10.00 Cr registered on 22 Dec 2014 with Charge ID 10542732 was modified on 13 Aug 2024.
Appointed
Manish Rastogi was appointed as Whole-Time Director.
50 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Zee Learn Limited
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Subsidiaries & Group Companies of Zee Learn Limited
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GST Compliance of Zee Learn Limited
Zee Learn has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ3977E1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACZ3977E2Z0 | Maharashtra | Active | 14 Sep 2017 |
| 07AAACZ3977E1Z3 | Delhi | Active | 01 Jul 2017 |
| 09AAACZ3977E1ZZ | Uttar Pradesh | Active | 01 Jul 2017 |
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MCA Filings & Documents of Zee Learn Limited
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Related news about Zee Learn Limited
Frequently Asked Questions about Zee Learn Limited
Zee Learn is an active public limited company based in Mumbai, Maharashtra, India. The company works in preschools, within the education industry. It was incorporated on 04 January 2010 (16+ years old) and is registered under CIN L80301MH2010PLC198405. Listed on BSE: 533287 and NSE: ZEELEARN.
Zee Learn reported revenue of ₹334.16 Cr for FY 2025-26 (down 10.2% YoY) based on consolidated financials.
Zee Learn has 7 current directors:
- Manish Rastogi - Whole-Time Director
- Nanette Ralph Dsa - Director
- Dattatraya Ramchandra Kelkar - Director
- Surender Singh - Director
- Karunn Kandoi - Director
- Parag Agarawal - Director
- Shiv Kumar Gupta - Director
The GSTIN of Zee Learn is 27AAACZ3977E1Z1, registered in Maharashtra. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 27AAACZ3977E2Z0 (Maharashtra), 07AAACZ3977E1Z3 (Delhi), 09AAACZ3977E1ZZ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Zee Learn is L80301MH2010PLC198405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Zee Learn is listed on both BSE (code: 533287) and NSE (symbol: ZEELEARN).
Zee Learn has 209 court cases on record: 140 filed by the company and 55 filed against it. 54 are pending. Most are in the high courts.
Zee Learn was incorporated on 04 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Zee Learn has 46 deals on record (45 market trades, 1 funding round), with disclosed funding of ₹109.55 Cr; the latest was in June 2026.
Shiv Kumar Gupta was appointed as Director on 22 Jan 2026. Anish Arun Shah ceased to be CFO on 06 Nov 2025. Parag Agarawal was appointed as Director on 05 Aug 2025. Zee Learn has 39 board changes on record in total.
Yes, Zee Learn is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0092248).