Zee Learn Limited - education in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L80301MH2010PLC198405 Incorporated 04 January 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: ZEELEARN · BSE: 533287 Public Limited Company education
Data last updated
Revenue · FY 2026
₹439.06 Cr
▲ 18.05% YoY
EBITDA · FY 2026
₹122.31 Cr
▼ 1.31% YoY
Net profit · FY 2026
₹38.53 Cr
▲ 202.79% YoY
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹32.71 Cr
Issued & subscribed
Open charges
₹632.39 Cr
Satisfied ₹200.8 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
310
Latest available

About Zee Learn Limited

Data last updated: 06 January 2026

Zee Learn Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in preschools, a part of the broader education sector. Incorporated on 04 January 2010, the company has been in operation for over 16 years.

Registered with ROC Mumbai under CIN L80301MH2010PLC198405. Listed on BSE: 533287 and NSE: ZEELEARN.

Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹32.71 Cr. It is led by directors including Nanette Dsa Ralph and Karunn Kandoi.

Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2024. Office: Continental Building 135 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.

As per the financials filed for FY 2023, the company reported a revenue of ₹205.36 Cr, a growth of 48.64% compared to the previous year.

The company has a workforce of approximately 310 employees as per the latest available data. Its group structure includes 11 subsidiaries.

The company is associated with 10 brands, including Arasanmodelschool, Mountliteraghogali, Mlzsmuzaffarpur, Mountliterabhubaneswar, Zeeschooldiamondcity among others. As per MCA filings, the company has open charges of ₹632.39 Cr and satisfied charges of ₹200.8 Cr on record.

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 2024
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    Continental Building 135 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Education, Preschools, K-12 & Higher Education Institutions
Company report
Zee Learn Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Zee Learn Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Zee Learn Limited

Zee Learn Limited 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

Associated Brands with Zee Learn Limited

Zee Learn Limited operates multiple associated brands including Arasanmodelschool, Mountliteraghogali, and Mlzsmuzaffarpur. These brands represent Zee Learn Limited's diversified market presence and brand portfolio.

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

Business Activity of Zee Learn Limited

Zee Learn Limited operates primarily in the education sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
********* Education ********* Educational support services *********

Auditor Details of Zee Learn Limited

Zee Learn Limited is audited by Ford Rhodes Parks & Co. LLP (ICAI peer reviewed, certificate valid till 2027-09-30) 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
Ford Rhodes Parks & Co. LLP (ICAI peer reviewed, certificate valid till 2027-09-30) FY 2026 Statement on impact of audit qualification

Board of Directors of Zee Learn Limited

Zee Learn Limited is currently managed by 8 directors, with 27 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Nanette Dsa Ralph Director 31 Mar 2020 6 Years 3 Months Current
Karunn Kandoi Director 03 Mar 2021 5 Years 4 Months Current
Surender Singh Director 31 Jul 2020 5 Years 11 Months Current
Parag Agarawal Director 05 Aug 2025 0 Years 11 Months Current
Manish Rastogi Whole-Time Director 22 Mar 2023 3 Years 3 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Zee Learn Limited FY 2026 filings available

Zee Learn Limited reported revenue of ₹439.06 Cr (up 18.05% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹439.06 Cr ▲ 18.05%
Profit · FY 2026
₹38.53 Cr ▲ 202.79%
EBITDA · FY 2026
₹122.31 Cr ▼ 1.31%
Revenue₹ Cr · Consolidated0200400600FY 2020: ₹515 Cr515FY 2020FY 2021: ₹257 Cr · -50.1% YoY257-50.1%FY 2021FY 2022: ₹248 Cr · -3.6% YoY248-3.6%FY 2022FY 2023: ₹324 Cr · +30.8% YoY324+30.8%FY 2023FY 2024: ₹356 Cr · +9.9% YoY356+9.9%FY 2024FY 2025: ₹372 Cr · +4.4% YoY372+4.4%FY 2025FY 2026: ₹439 Cr · +18% YoY439+18%FY 2026
Net Profit₹ Cr · Consolidated-600-400-2000200FY 2020: ₹25 Cr25.1FY 2020FY 2021: ₹21 Cr (loss) · -184.2% YoY-21.2FY 2021FY 2022: ₹13 Cr (loss) · +37.8% YoY-13.2FY 2022FY 2023: ₹462 Cr (loss) · -3407.9% YoY-462FY 2023FY 2024: ₹156 Cr · +133.7% YoY156+133.7%FY 2024FY 2025: ₹13 Cr · -91.8% YoY12.7-91.8%FY 2025FY 2026: ₹39 Cr · +202.8% YoY38.5+202.8%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200Q4'24: ₹116 Cr · +4.9% YoY116+4.9%Q4'24Q1'25: ₹80 Cr · -24% YoY80.3-24%Q1'25Q2'25: ₹58 Cr · -12.4% YoY58.2-12.4%Q2'25Q3'25: ₹75 Cr · +10.3% YoY74.7+10.3%Q3'25Q4'25: ₹159 Cr · +36.2% YoY159+36.2%Q4'25Q2'26: ₹74 Cr · -7.6% YoY74.3-7.6%Q2'26Q3'26: ₹80 Cr · +36.9% YoY79.7+36.9%Q3'26Q4'26: ₹177 Cr · +136.5% YoY177+136.5%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹439.06 Cr ₹371.94 Cr ₹356.27 Cr ₹324.17 Cr ₹247.88 Cr ₹257.12 Cr ₹514.83 Cr
Other Income ₹18.43 Cr ₹20.6 Cr ₹21.93 Cr ₹20.24 Cr ₹34.38 Cr ₹56.33 Cr ₹41.55 Cr
Total Income ₹457.49 Cr ₹392.53 Cr ₹378.2 Cr ₹344.41 Cr ₹282.26 Cr ₹313.45 Cr ₹556.38 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹77.43 Cr ₹66.36 Cr ₹96.63 Cr ₹119.14 Cr ₹49.46 Cr ₹50.21 Cr ₹142.09 Cr
Changes in Inventories -₹91.36 Lakh ₹1.2 Cr -₹1.05 Cr -₹21.27 Cr ₹5.73 Cr ₹7.04 Cr -₹4.55 Cr
Employee Benefit Expense ₹163.34 Cr ₹132.9 Cr ₹95.74 Cr ₹103.82 Cr ₹94.17 Cr ₹103.55 Cr ₹141.38 Cr
Finance Costs ₹38.1 Cr ₹38.69 Cr ₹41.75 Cr ₹43.55 Cr ₹44.25 Cr ₹51.49 Cr ₹59.05 Cr
Depreciation & Amortisation ₹43.91 Cr ₹36.4 Cr ₹24.08 Cr ₹32.09 Cr ₹36.69 Cr ₹49.95 Cr ₹64.11 Cr
Other Expenses ₹95.33 Cr ₹68.13 Cr ₹68.51 Cr ₹97.21 Cr ₹51.12 Cr ₹53.23 Cr ₹67.52 Cr
Total Expenses ₹417.19 Cr ₹343.69 Cr ₹325.67 Cr ₹374.55 Cr ₹281.43 Cr ₹315.47 Cr ₹469.59 Cr
Profit Before Exceptional Items & Tax ₹40.3 Cr ₹48.84 Cr ₹52.53 Cr -₹30.13 Cr ₹83.12 Lakh -₹2.02 Cr ₹86.79 Cr
Exceptional Items ₹27.48 Cr -₹15.97 Cr ₹123.95 Cr -₹421.79 Cr ₹0 ₹0 -₹31.15 Cr
Profit Before Tax ₹67.78 Cr ₹32.88 Cr ₹176.47 Cr -₹451.92 Cr ₹83.12 Lakh -₹2.02 Cr ₹55.64 Cr
Total Tax Expense ₹29.26 Cr ₹20.15 Cr ₹20.78 Cr ₹9.67 Cr ₹13.99 Cr ₹19.13 Cr ₹30.53 Cr
Net Profit ₹38.53 Cr ₹12.72 Cr ₹155.69 Cr -₹461.59 Cr -₹13.16 Cr -₹21.15 Cr ₹25.11 Cr
  attributable to Owners ₹38.53 Cr ₹12.72 Cr ₹162.74 Cr -₹443.42 Cr -₹2.72 Cr -₹8.79 Cr ₹43.69 Cr
  attributable to NCI ₹0 ₹0 -₹7.05 Cr -₹18.16 Cr -₹10.43 Cr -₹12.36 Cr -₹18.58 Cr
Other Comprehensive Income ₹16.05 Lakh ₹2.09 Lakh ₹51.09 Lakh ₹91,000 ₹50.72 Lakh ₹53.91 Lakh -₹48.93 Lakh
Total Comprehensive Income ₹38.69 Cr ₹12.74 Cr ₹156.2 Cr -₹461.58 Cr -₹12.65 Cr -₹20.61 Cr ₹24.63 Cr
EBITDA (computed) ₹122.31 Cr ₹123.94 Cr ₹118.36 Cr ₹45.51 Cr ₹81.78 Cr ₹99.42 Cr ₹209.94 Cr
Basic EPS ₹1.18 ₹0.39 ₹4.99 ₹-13.60 ₹-0.08 ₹-0.27 ₹1.34
Diluted EPS ₹1.17 ₹0.39 ₹4.99 ₹-13.60 ₹-0.08 ₹-0.27 ₹1.34
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,592.81 Cr ₹1,509.31 Cr ₹1,084.03 Cr ₹1,023.78 Cr
Non-current Assets ₹678.12 Cr ₹710.7 Cr ₹704.8 Cr ₹863.6 Cr
Current Assets ₹914.69 Cr ₹798.61 Cr ₹379.23 Cr ₹160.18 Cr
Property, Plant & Equipment ₹3.25 Cr ₹3.27 Cr ₹3.1 Cr ₹24.4 Cr
Inventories ₹26.96 Cr ₹26.05 Cr ₹27.25 Cr ₹26.2 Cr
Trade Receivables ₹47.29 Cr ₹40.51 Cr ₹37.7 Cr ₹26.38 Cr
Cash & Equivalents ₹56.63 Cr ₹26.04 Cr ₹19.06 Cr ₹25.71 Cr
Equity (Net Worth) ₹235.03 Cr ₹196.1 Cr ₹182.66 Cr ₹139.83 Cr
Equity Share Capital ₹32.71 Cr ₹32.71 Cr ₹32.61 Cr ₹32.61 Cr
Borrowings (Non-current) ₹271.96 Cr ₹251.21 Cr ₹214.68 Cr ₹251.08 Cr
Borrowings (Current) ₹66.44 Cr ₹103.95 Cr ₹114.9 Cr ₹169.93 Cr
Total Debt (computed) ₹338.4 Cr ₹355.15 Cr ₹329.58 Cr ₹421.02 Cr
Current Liabilities ₹907.61 Cr ₹877.47 Cr ₹506.16 Cr ₹426.88 Cr
Total Liabilities ₹1,357.79 Cr ₹1,313.21 Cr ₹901.37 Cr ₹883.95 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹107.81 Cr ₹82.89 Cr ₹50.46 Cr ₹41.98 Cr ₹62.5 Cr
Investing Cash Flow -₹5.83 Cr -₹12.56 Cr -₹6.15 Cr -₹12.02 Cr -₹5.64 Cr
Financing Cash Flow -₹71.38 Cr -₹63.35 Cr -₹50.95 Cr -₹29.88 Cr -₹36.9 Cr
Capital Expenditure ₹12.86 Cr ₹11.07 Cr ₹2.72 Cr ₹4.17 Cr ₹1.11 Cr
Free Cash Flow (computed) ₹94.95 Cr ₹71.82 Cr ₹47.73 Cr ₹37.81 Cr ₹61.39 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹30.59 Cr ₹6.98 Cr -₹6.65 Cr ₹7.46 Lakh ₹19.97 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24 Q4 FY23
Revenue from Operations ₹176.77 Cr ₹79.67 Cr ₹74.25 Cr ₹158.68 Cr ₹74.74 Cr ₹58.19 Cr ₹80.33 Cr ₹116.47 Cr ₹67.73 Cr ₹66.44 Cr ₹105.63 Cr ₹111.03 Cr
Other Income ₹5.05 Cr ₹3.85 Cr ₹5.33 Cr ₹3.58 Cr ₹6.91 Cr ₹6.34 Cr ₹3.77 Cr ₹6.55 Cr -₹4.52 Cr ₹9.23 Cr ₹10.66 Cr ₹8.38 Cr
Total Income ₹181.82 Cr ₹83.52 Cr ₹79.59 Cr ₹162.26 Cr ₹81.65 Cr ₹64.53 Cr ₹84.1 Cr ₹123.02 Cr ₹63.22 Cr ₹75.67 Cr ₹116.29 Cr ₹119.41 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹38.75 Cr ₹18.83 Cr ₹6.44 Cr ₹31.9 Cr ₹10.85 Cr ₹7.55 Cr ₹16.06 Cr ₹30.08 Cr ₹18.39 Cr ₹16.39 Cr ₹31.77 Cr ₹48.91 Cr
Changes in Inventories ₹3.15 Cr -₹10.09 Cr ₹53.01 Lakh -₹2.7 Cr ₹78.58 Lakh ₹1 Cr ₹2.11 Cr -₹4.46 Cr -₹1.1 Cr ₹2.57 Cr ₹1.94 Cr -₹4.58 Cr
Employee Benefit Expense ₹35.26 Cr ₹41.76 Cr ₹42.9 Cr ₹40.59 Cr ₹39.51 Cr ₹27.53 Cr ₹25.27 Cr ₹22.03 Cr ₹24.82 Cr ₹23.82 Cr ₹25.07 Cr ₹27.22 Cr
Finance Costs ₹11.46 Cr ₹1.39 Cr ₹12.73 Cr ₹10.01 Cr ₹9.55 Cr ₹8.27 Cr ₹10.86 Cr ₹10.01 Cr ₹10.99 Cr ₹8.95 Cr ₹11.81 Cr ₹11 Cr
Depreciation & Amortisation ₹11.86 Cr ₹10.48 Cr ₹10.57 Cr ₹10.48 Cr ₹9 Cr ₹8.48 Cr ₹8.44 Cr ₹4.2 Cr ₹6.45 Cr ₹6.6 Cr ₹6.83 Cr ₹8.3 Cr
Other Expenses ₹46.39 Cr ₹20.44 Cr ₹12.22 Cr ₹24.39 Cr ₹15.05 Cr ₹15.58 Cr ₹13.12 Cr ₹17.33 Cr ₹3.33 Cr ₹20.24 Cr ₹27.61 Cr ₹59.82 Cr
Total Expenses ₹146.86 Cr ₹82.8 Cr ₹85.39 Cr ₹114.66 Cr ₹84.75 Cr ₹68.41 Cr ₹75.87 Cr ₹79.19 Cr ₹62.89 Cr ₹78.57 Cr ₹105.02 Cr ₹150.67 Cr
Profit Before Exceptional Items & Tax ₹34.96 Cr ₹72.71 Lakh -₹5.8 Cr ₹47.6 Cr -₹3.1 Cr -₹3.89 Cr ₹8.23 Cr ₹43.83 Cr ₹33.05 Lakh -₹2.9 Cr ₹11.27 Cr -₹31.26 Cr
Exceptional Items ₹31.01 Cr ₹0 ₹0 -₹15.97 Cr ₹0 ₹0 ₹0 ₹138.46 Cr ₹0 -₹14.51 Cr ₹0 -₹265.17 Cr
Profit Before Tax ₹65.97 Cr ₹72.71 Lakh -₹5.8 Cr ₹31.63 Cr -₹3.1 Cr -₹3.89 Cr ₹8.23 Cr ₹182.29 Cr ₹33.05 Lakh -₹17.41 Cr ₹11.27 Cr -₹296.43 Cr
Total Tax Expense ₹20.56 Cr ₹3.37 Cr ₹33.9 Lakh ₹14.76 Cr ₹65.84 Lakh ₹14.78 Lakh ₹4.59 Cr ₹12.91 Cr ₹2.27 Cr ₹89.57 Lakh ₹4.7 Cr ₹1.2 Cr
Net Profit ₹45.42 Cr -₹2.65 Cr -₹6.14 Cr ₹16.87 Cr -₹3.76 Cr -₹4.03 Cr ₹3.64 Cr ₹169.38 Cr -₹1.94 Cr -₹18.31 Cr ₹6.56 Cr -₹297.62 Cr
  attributable to Owners ₹45.42 Cr -₹2.65 Cr -₹6.14 Cr ₹16.87 Cr - -₹4.03 Cr ₹3.64 Cr ₹169.38 Cr ₹1.09 Cr -₹16.21 Cr ₹8.48 Cr -₹284.91 Cr
  attributable to NCI ₹0 ₹0 ₹0 ₹0 - ₹0 ₹0 ₹0 -₹3.03 Cr -₹2.1 Cr -₹1.92 Cr -₹12.72 Cr
Other Comprehensive Income ₹5.27 Lakh ₹32.07 Lakh ₹1.02 Lakh ₹38.35 Lakh -₹30,000 -₹72.55 Lakh ₹36.59 Lakh ₹1.14 Lakh ₹17.27 Lakh ₹2.47 Lakh ₹30.21 Lakh -₹8.85 Lakh
Total Comprehensive Income ₹45.47 Cr -₹2.33 Cr -₹6.13 Cr ₹17.26 Cr -₹3.76 Cr -₹4.76 Cr ₹4.01 Cr ₹169.39 Cr -₹1.77 Cr -₹18.28 Cr ₹6.86 Cr -₹297.71 Cr
EBITDA (computed) ₹58.28 Cr ₹12.59 Cr ₹17.5 Cr ₹68.09 Cr ₹15.45 Cr ₹12.87 Cr ₹27.53 Cr ₹58.04 Cr ₹17.77 Cr ₹12.65 Cr ₹29.91 Cr -₹11.97 Cr
Basic EPS ₹1.39 ₹-0.08 ₹-0.19 ₹0.52 ₹-0.12 ₹-0.12 ₹0.11 ₹5.19 ₹0.03 ₹-0.50 ₹0.26 ₹-8.74
Diluted EPS ₹1.38 ₹-0.08 ₹-0.19 ₹0.51 ₹-0.12 ₹-0.12 ₹0.11 ₹5.19 ₹0.03 ₹-0.50 ₹0.26 ₹-8.74
Latest 12 quarters shown of 24 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Educational services and related activities ₹153.91 Cr ₹50.98 Cr ₹937.01 Cr ₹871.25 Cr
Construction and leasing (for education) ₹5.29 Cr -₹9.98 Cr ₹614.51 Cr ₹127.7 Cr
Training, manpower and related activities ₹17.58 Cr ₹37.09 Lakh ₹13.65 Cr ₹11.37 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Educational services and related activities ₹312.57 Cr ₹78.61 Cr - -
Construction and leasing (for education) ₹21.59 Cr -₹18.55 Cr - -
Training, manpower and related activities ₹104.9 Cr -₹8.63 Lakh - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹312.57 Cr ₹273.84 Cr ₹252.63 Cr ₹190.46 Cr ₹104 Cr ₹90.31 Cr ₹194.37 Cr
Other Income ₹10.48 Cr ₹11.92 Cr ₹9.59 Cr ₹14.9 Cr ₹34.15 Cr ₹30.01 Cr ₹23.93 Cr
Total Income ₹323.04 Cr ₹285.76 Cr ₹262.22 Cr ₹205.36 Cr ₹138.15 Cr ₹120.32 Cr ₹218.31 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹77.43 Cr ₹66.36 Cr ₹69.01 Cr ₹80.85 Cr ₹18.4 Cr ₹11.17 Cr ₹38.2 Cr
Changes in Inventories -₹91.36 Lakh ₹1.2 Cr -₹1.05 Cr -₹21.27 Cr ₹5.73 Cr ₹7.04 Cr -₹4.55 Cr
Employee Benefit Expense ₹64.89 Cr ₹51.95 Cr ₹37.27 Cr ₹29.98 Cr ₹20.95 Cr ₹24.84 Cr ₹30.59 Cr
Finance Costs ₹7.9 Cr ₹22.41 Cr ₹23.25 Cr ₹26.4 Cr ₹24.23 Cr ₹25.86 Cr ₹24.52 Cr
Depreciation & Amortisation ₹11.24 Cr ₹5.04 Cr ₹4.01 Cr ₹4.37 Cr ₹5.41 Cr ₹7.72 Cr ₹8.72 Cr
Other Expenses ₹83.79 Cr ₹64.24 Cr ₹60.54 Cr ₹44.87 Cr ₹25.25 Cr ₹20.86 Cr ₹29.67 Cr
Total Expenses ₹244.33 Cr ₹211.21 Cr ₹193.03 Cr ₹165.19 Cr ₹99.98 Cr ₹97.48 Cr ₹127.15 Cr
Profit Before Exceptional Items & Tax ₹78.71 Cr ₹74.55 Cr ₹69.19 Cr ₹40.17 Cr ₹38.17 Cr ₹22.84 Cr ₹91.15 Cr
Exceptional Items ₹40.58 Cr ₹0 ₹0 -₹386.67 Cr -₹110 Cr ₹0 ₹0
Profit Before Tax ₹119.28 Cr ₹74.55 Cr ₹69.19 Cr -₹346.5 Cr -₹71.83 Cr ₹22.84 Cr ₹91.15 Cr
Total Tax Expense ₹28.72 Cr ₹20.36 Cr ₹19.18 Cr ₹11.32 Cr ₹10.19 Cr ₹6.25 Cr ₹22.53 Cr
Net Profit ₹90.57 Cr ₹54.19 Cr ₹50.01 Cr -₹357.82 Cr -₹82.02 Cr ₹16.59 Cr ₹68.62 Cr
Other Comprehensive Income ₹16.05 Lakh ₹2.09 Lakh ₹31.43 Lakh -₹70,000 ₹38.04 Lakh ₹21.06 Lakh -₹13.45 Lakh
Total Comprehensive Income ₹90.73 Cr ₹54.21 Cr ₹50.32 Cr -₹357.83 Cr -₹81.64 Cr ₹16.8 Cr ₹68.48 Cr
EBITDA (computed) ₹97.85 Cr ₹102 Cr ₹96.45 Cr ₹70.94 Cr ₹67.82 Cr ₹56.41 Cr ₹124.39 Cr
Basic EPS ₹2.77 ₹1.66 ₹1.53 ₹-10.97 ₹-2.52 ₹0.51 ₹2.10
Diluted EPS ₹2.76 ₹1.65 ₹1.53 ₹-10.97 ₹-2.52 ₹0.51 ₹2.10
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,290.41 Cr ₹1,171.23 Cr ₹727.76 Cr ₹436.37 Cr
Non-current Assets ₹401.76 Cr ₹399.23 Cr ₹369.57 Cr ₹364.88 Cr
Current Assets ₹888.65 Cr ₹772.01 Cr ₹358.19 Cr ₹71.49 Cr
Property, Plant & Equipment ₹3.25 Cr ₹3.25 Cr ₹3.05 Cr ₹2.12 Cr
Inventories ₹26.96 Cr ₹26.05 Cr ₹27.25 Cr ₹26.2 Cr
Trade Receivables ₹23.99 Cr ₹18.88 Cr ₹19.38 Cr ₹11.11 Cr
Cash & Equivalents ₹54.39 Cr ₹21.98 Cr ₹16.77 Cr ₹17.7 Cr
Equity (Net Worth) ₹253.85 Cr ₹162.84 Cr ₹107.93 Cr ₹57.37 Cr
Equity Share Capital ₹32.71 Cr ₹32.71 Cr ₹32.61 Cr ₹32.61 Cr
Borrowings (Non-current) ₹123.32 Cr ₹123.32 Cr ₹109.64 Cr ₹106.71 Cr
Borrowings (Current) ₹35.52 Cr ₹73.02 Cr ₹83.97 Cr ₹91.08 Cr
Total Debt (computed) ₹158.84 Cr ₹196.34 Cr ₹193.62 Cr ₹197.79 Cr
Current Liabilities ₹855.68 Cr ₹821.19 Cr ₹451.86 Cr ₹208.12 Cr
Total Liabilities ₹1,036.56 Cr ₹1,008.4 Cr ₹619.82 Cr ₹379 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹105.21 Cr ₹82.92 Cr ₹44.24 Cr ₹35.59 Cr ₹54.11 Cr
Investing Cash Flow -₹11.87 Cr -₹21.28 Cr -₹5.87 Cr -₹12.39 Cr -₹14.35 Cr
Financing Cash Flow -₹60.94 Cr -₹56.42 Cr -₹39.3 Cr -₹24.74 Cr -₹21.39 Cr
Capital Expenditure ₹12.65 Cr ₹11.36 Cr ₹2.37 Cr ₹1.49 Cr ₹1.61 Cr
Free Cash Flow (computed) ₹92.57 Cr ₹71.56 Cr ₹41.87 Cr ₹34.1 Cr ₹52.5 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹32.41 Cr ₹5.21 Cr -₹93.16 Lakh ₹17.7 Cr ₹18.37 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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 ₹153.91 Cr ₹45.67 Cr ₹39.27 Cr ₹108.37 Cr ₹128.2 Cr ₹44.35 Cr ₹37.84 Cr ₹63.45 Cr ₹103.63 Cr ₹39.95 Cr ₹33.76 Cr ₹75.29 Cr
Other Income ₹4.41 Cr ₹1.48 Cr ₹2.88 Cr ₹4.2 Cr ₹2.39 Cr ₹4.1 Cr ₹4.02 Cr ₹1.42 Cr ₹3.51 Cr ₹1.39 Cr ₹1.96 Cr ₹2.73 Cr
Total Income ₹158.32 Cr ₹47.16 Cr ₹42.15 Cr ₹112.56 Cr ₹130.59 Cr ₹48.45 Cr ₹41.86 Cr ₹64.86 Cr ₹107.14 Cr ₹41.34 Cr ₹35.72 Cr ₹78.02 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹38.75 Cr ₹18.83 Cr ₹6.44 Cr ₹13.41 Cr ₹31.9 Cr ₹10.85 Cr ₹7.55 Cr ₹16.06 Cr ₹30.08 Cr ₹9.8 Cr ₹7 Cr ₹22.12 Cr
Changes in Inventories ₹3.15 Cr -₹10.09 Cr ₹53.01 Lakh ₹5.5 Cr -₹2.7 Cr ₹78.58 Lakh ₹1 Cr ₹2.11 Cr -₹4.46 Cr -₹1.1 Cr ₹2.57 Cr ₹1.94 Cr
Employee Benefit Expense ₹18.65 Cr ₹16.06 Cr ₹14.63 Cr ₹43.41 Cr ₹14.75 Cr ₹13.73 Cr ₹11.07 Cr ₹12.4 Cr ₹10.13 Cr ₹9.48 Cr ₹8.07 Cr ₹9.58 Cr
Finance Costs ₹2.12 Cr -₹5.36 Cr ₹5.71 Cr ₹12.53 Cr ₹5.79 Cr ₹5.54 Cr ₹5.32 Cr ₹5.76 Cr ₹6.87 Cr ₹5.78 Cr ₹3.84 Cr ₹6.75 Cr
Depreciation & Amortisation ₹3.53 Cr ₹2.66 Cr ₹2.72 Cr ₹11 Cr ₹2.78 Cr ₹1.1 Cr ₹55.46 Lakh ₹60.53 Lakh ₹1.18 Cr ₹92.33 Lakh ₹95.75 Lakh ₹95.58 Lakh
Other Expenses ₹39.56 Cr ₹17.6 Cr ₹11.4 Cr ₹16.28 Cr ₹22.88 Cr ₹13.71 Cr ₹15.46 Cr ₹12.19 Cr ₹16.66 Cr ₹8.25 Cr ₹14.29 Cr ₹21.34 Cr
Total Expenses ₹105.76 Cr ₹39.69 Cr ₹41.43 Cr ₹102.15 Cr ₹75.4 Cr ₹45.72 Cr ₹40.96 Cr ₹49.13 Cr ₹60.45 Cr ₹33.15 Cr ₹36.74 Cr ₹62.69 Cr
Profit Before Exceptional Items & Tax ₹52.56 Cr ₹7.47 Cr ₹72.26 Lakh ₹10.41 Cr ₹55.19 Cr ₹2.73 Cr ₹90.01 Lakh ₹15.73 Cr ₹46.68 Cr ₹8.2 Cr -₹1.02 Cr ₹15.33 Cr
Exceptional Items ₹40.58 Cr ₹0 ₹0 -₹3.53 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹93.14 Cr ₹7.47 Cr ₹72.26 Lakh ₹6.88 Cr ₹55.19 Cr ₹2.73 Cr ₹90.01 Lakh ₹15.73 Cr ₹46.68 Cr ₹8.2 Cr -₹1.02 Cr ₹15.33 Cr
Total Tax Expense ₹20.3 Cr ₹3.27 Cr ₹25.04 Lakh ₹4.99 Cr ₹15.22 Cr ₹56.86 Lakh ₹9.57 Lakh ₹4.49 Cr ₹12.54 Cr ₹1.97 Cr ₹48.58 Lakh ₹4.18 Cr
Net Profit ₹72.83 Cr ₹4.2 Cr ₹47.22 Lakh ₹1.9 Cr ₹39.97 Cr ₹2.16 Cr ₹80.44 Lakh ₹11.25 Cr ₹34.14 Cr ₹6.23 Cr -₹1.51 Cr ₹11.15 Cr
Other Comprehensive Income ₹5.26 Lakh ₹32.07 Lakh ₹1.02 Lakh -₹22.31 Lakh ₹38.35 Lakh -₹30,000 -₹72.55 Lakh ₹36.59 Lakh ₹1.44 Lakh ₹17.02 Lakh -₹17.09 Lakh ₹30.06 Lakh
Total Comprehensive Income ₹72.89 Cr ₹4.52 Cr ₹48.24 Lakh ₹1.67 Cr ₹40.35 Cr ₹2.16 Cr ₹7.89 Lakh ₹11.61 Cr ₹34.16 Cr ₹6.4 Cr -₹1.68 Cr ₹11.45 Cr
EBITDA (computed) ₹58.22 Cr ₹4.77 Cr ₹9.15 Cr ₹33.95 Cr ₹63.76 Cr ₹9.37 Cr ₹6.78 Cr ₹22.1 Cr ₹54.73 Cr ₹14.9 Cr ₹3.78 Cr ₹23.04 Cr
Basic EPS ₹2.23 ₹0.13 ₹0.01 ₹0.06 ₹1.22 ₹0.07 ₹0.02 ₹0.34 ₹1.05 ₹0.19 ₹-0.05 ₹0.34
Diluted EPS ₹2.22 ₹0.13 ₹0.01 ₹0.06 ₹1.22 ₹0.07 ₹0.02 ₹0.34 ₹1.05 ₹0.19 ₹-0.05 ₹0.34
Latest 12 quarters shown of 24 on record.
Segment · Q1 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
- Educational services and related activities ₹73.71 Cr ₹22.41 Cr ₹813.51 Cr ₹786.99 Cr
- Construction and leasing (for education) ₹5.43 Cr -₹3.41 Cr ₹634.85 Cr ₹129.72 Cr
- Training, manpower and related activities ₹29.22 Cr -₹25.01 Lakh ₹27.08 Cr ₹15.42 Cr
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.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Zee Learn Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 15.01%, foreign institutional investors hold 6.38%, domestic institutional investors hold 0.22%, retail and other public shareholders hold 78.39% of Zee Learn Limited. The company had 156,021 shareholders on record.

Promoters: 15.01%DII (Domestic Institutional): 0.22%FII (Foreign Institutional): 6.38%Retail & Others: 78.39%
Mar 2026
QUARTER
15.01% Promoters
0.22% DII (Domestic Institutional)
6.38% FII (Foreign Institutional)
78.39% Retail & Others
Promoter holding - history
Now 15.01% · Mar 2026High 67.36% · Dec 2015Low 15.01% · Dec 2024
14%27.8%41.5%55.3%69%Dec 2015Jun 2018Dec 2020Sep 2023Mar 2026Dec 2015: 67.36%Mar 2016: 67.33%Jun 2016: 67.33%Sep 2016: 67.30%Dec 2016: 67.27%Mar 2017: 66.85%Jun 2017: 66.10%Sep 2017: 66.02%Dec 2017: 62.57%Mar 2018: 57.55%Jun 2018: 57.52%Sep 2018: 57.52%Dec 2018: 57.51%Mar 2019: 57.18%Jun 2019: 57.18%Sep 2019: 57.17%Dec 2019: 57.17%Mar 2020: 57.17%Jun 2020: 51.78%Sep 2020: 37.18%Dec 2020: 28.61%Mar 2021: 26.17%Jun 2021: 21.69%Dec 2021: 18.62%Mar 2022: 18.62%Jun 2022: 15.05%Sep 2022: 15.05%Dec 2022: 15.05%Mar 2023: 15.05%Jun 2023: 15.05%Sep 2023: 15.05%Dec 2023: 15.05%Mar 2024: 15.05%Jun 2024: 15.05%Sep 2024: 15.02%Dec 2024: 15.01%Mar 2025: 15.01%Jun 2025: 15.01%Sep 2025: 15.01%Dec 2025: 15.01%Mar 2026: 15.01%67.36%15.01%15.01%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters15.01%15.01%15.01%15.01%15.01%15.01%
Public84.99%84.99%84.99%84.99%84.99%84.99%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters15.01%15.01%15.05%15.05%18.62%26.17%57.17%57.18%57.55%66.85%67.33%
Public84.99%84.99%84.95%84.95%81.38%73.83%42.82%42.82%42.45%33.15%32.67%
Promoter change (YoY, %pts)+0.00-0.04+0.00-3.57-7.55-31.00-0.01-0.37-9.30-0.48-

Board & Governance of Zee Learn Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Zee Learn Limited has 7 directors - 4 independent and 1 executive. The board is chaired by Surender Singh.

DirectorPositionOn board sinceListed boards
Nanette D'sa Ralph Non-Executive - Independent Director 2020-03-31 2
Dattatraya Ramchandra Kelkar Non-Executive - Non Independent Director 2019-12-30 2
Surender Singh Non-Executive - Non Independent Director · Chairperson 2020-07-31 3
Karunn Kandoi Non-Executive - Independent Director 2021-03-03 2
Manish Rastogi Executive Director · CEO 2023-03-24 1
Parag Agarawal Non-Executive - Independent Director 2025-08-05 1
Shiv Kumar Gupta Non-Executive - Independent Director 2026-01-22 1
Board Committees
CommitteeMembers
Audit Committee Nanette D'sa Ralph (Chairperson), Surender Singh, Karunn Kandoi, Parag Agarawal, Shiv Kumar Gupta
Nomination and remuneration committee Nanette D'sa Ralph (Chairperson), Surender Singh, Karunn Kandoi, Parag Agarawal, Shiv Kumar Gupta
Stakeholders Relationship Committee Nanette D'sa Ralph (Chairperson), Surender Singh, Karunn Kandoi, Parag Agarawal
Corporate Social Responsibility Committee Nanette D'sa Ralph (Chairperson), Surender Singh, Karunn Kandoi, Parag Agarawal

Group Structure of Zee Learn Limited

Zee Learn Limited has 11 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Zee Learn Limited's business expansion strategy and organizational complexity.

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.

Charges & Borrowings of Zee Learn Limited

Open charges
₹632.39 Cr
Satisfied charges
₹200.8 Cr
Breakdown by lending institutions
Others₹577.88 Cr
Idbi Trusteeship Services Limited₹44.51 Cr
Yes Bank Limited₹10.00 Cr
Latest charge details
DateLenderAmountStatus
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

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%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Zee Learn Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Zee Learn Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Zee Learn Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Zee Learn Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Zee Learn Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Zee Learn Limited

MSME Payment Delays by Zee Learn Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Zee Learn Limited

Subsidiaries & Group Companies of Zee Learn Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Zee Learn Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Zee Learn Limited

MCA Filings & Documents of Zee Learn Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Zee Learn Limited

Directors
02 Dec 2025
Rakesh Kumar Chaturvedi was appointed as a Cfo on 02 Dec 2025 & has been associated with this company since 7 months 7 days.
Activity
26 Sep 2025
Zee Learn Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Directors
05 Aug 2025
Parag Agarawal was appointed as a Director on 05 Aug 2025 & has been associated with this company since 11 months 4 days.
Charges
24 Jun 2025
A charge registered on 22 Oct 2018 via Charge ID 100211189 with Yes Bank Limited was fully satisfied on 24 Jun 2025.
Charges
09 May 2025
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.
Charges
28 Mar 2025
A charge with Others of Rs. 267.88 Cr registered on 23 Dec 2014 with Charge ID 10543486 was modified on 28 Mar 2025.

Frequently Asked Questions about Zee Learn Limited

Zee Learn Limited is an active public limited company in the education sector based in Mumbai, Maharashtra, India. It was incorporated on 04 January 2010 (16+ years old) and is registered under CIN L80301MH2010PLC198405. Listed on BSE: 533287 and NSE: ZEELEARN. The company has 310 employees.

Zee Learn Limited reported revenue of ₹205.36 Cr for FY 2023 (up 48.64% YoY).

The current directors of Zee Learn Limited are:

The primary industry of Zee Learn Limited is education. The company specifically operates in preschools. The company is currently active in this sector.

Yes. Zee Learn Limited is listed on both BSE (code: 533287) and NSE (symbol: ZEELEARN).

Zee Learn Limited can be reached at the registered office: Continental Building 135 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018, or through the website zeelearn.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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