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Maharashtra Knowledge Corporation

Edtech & Education · NSE-listed subsidiary · CIN: U80302PN2001PLC135348

  • Active

Edtech & Education

Unlisted

Current Price

₹435

52W Low

₹423

▲ 5.2% this month

- 3.2% this month

52W High

₹436

Market Cap

₹349.87 Cr

▲ 5.2% this month

- 3.2% this month

  • Informational Only. Grow Fast is a platform to explore unlisted share details. We do not facilitate buying or selling of shares. All prices are indicative and for reference purposes only.

Price Performance

Historical indicative price trend

Key Financials

Revenue (TTM)

₹276.05 Cr

Net Profit

₹31.24 Cr

EBITDA

₹45.92

EPS

₹38.67

ROE

5.43%

ROCE

6.67%

Debt / Equity

-

Book Value

₹730.71

Face Value

10

About

Maharashtra Knowledge Corporation

Founded

2001

Headquarters

Pune, India

Employees

NA

Listed (IPO)

Unlisted

Maharashtra Knowledge Corporation (MKCL) is a government-promoted public limited company in India, established in 2001 by the Department of Higher and Technical Education, Government of Maharashtra. The company operates at the intersection of digital education, skill development, and e-governance, focusing on bridging the digital divide and enhancing employability across diverse population segments. MKCL is engaged in the design, development, and delivery of eLearning, eGovernance, and eEmpowerment solutions, offering programs such as MS-CIT (IT literacy) and KLiC vocational courses, supported by a widespread network of over 5,000 learning centers. Its revenue model is driven by course fees, certification programs, government projects, and technology-enabled services, with a strong emphasis on affordable, scalable, and mass-personalized learning.
The company follows a network-driven, asset-light operating model, leveraging partnerships with training centers, universities, and government bodies under a public-private framework. It focuses on digital inclusion, large-scale reach, and cost-efficient delivery, rather than high-end premium positioning, making operating scale and learner volumes critical to growth. Headquartered in Pune, India, MKCL has expanded beyond Maharashtra through joint ventures and projects in multiple states such as Odisha and Haryana, along with international presence in regions like the Middle East.

Shareholders

Name

2026

Government of Maharashtra

37.13%

Others (including Public)

62.87%

Promoter and Management

Promoter and Management

Designation

Dr. Anant Sardeshmukh

Director

Mr. Sameer Pande

MD

  • Download Reports
  • Annual Report 2026

Particulars

FY21

FY22

FY23

FY24

FY25

Total Revenue

102.16

145.14

203.09

276.14

321.82

Total Revenue YoY Growth (%)

-

44.87

33.75

38.21

14.58

EBITDA

21.86

43.94

67.39

82.57

43.82

EBITDA Margin (%)

35.94

42.23

37.97

37.22

16.63

EBIT

18.12

41.28

61.93

76.22

38.03

EBIT Margin (%)

30.48

40.02

37.97

34.51

14.54

PBT

17.80

41.09

61.29

75.57

37.57

PBT Margin (%)

30.03

39.87

34.53

34.24

14.38

PAT

19.15

37.79

51.18

62.60

32.05

Revenue from Operations

68.37

120.17

177.5

234.52

276.05

YoY Growth (%)

-

126.87

23.48

32.41

-50.59

EPS (Diluted ₹)

23.70

46.77

63.35

77.48

39.66

Particulars

FY21

FY22

FY23

FY24

FY25

Total Non-Current Assets

283.05

369.57

455.25

479.94

534.47

Total Current Assets

172.84

128.77

104.04

184.38

177.28

Total Assets

476.33

518.16

582.74

686.83

735.12

Total Non-Current Liabilities

8.21

9.26

13.25

13.16

9.97

Total Current Liabilities

37.01

38.76

49.09

91.45

111.34

Total Liabilities

45.22

48.02

62.34

91.45

121.31

Total Equity

431.10

470.13

520.38

582.34

613.80

Total Liabilities and Equity

455.89

498.35

559.29

664.33

711.75

Particulars

FY21

FY22

FY23

FY24

FY25

Cash & Cash Equivalents (Closing)

18.77

5.09

4.47

17.09

23.57

Operating Activities (A)

-14.92

-5.69

45.38

83.25

-36.34

Investing Activities (B)

21.57

-6.94

-42.73

-66.94

46.78

Financing Activities (C)

-2.16

-1.03

-3.27

-3.68

-3.95

Net (Decrease) / Increase (A+B+C)

7.73

-13.66

-0.62

12.63

6.49

Particulars

FY21

FY22

FY23

FY24

FY25

Current Ratio (x)

4.67

3.32

2.12

2.02

1.59

Cashflow Ratio (x)

-0.32

-0.15

0.92

0.91

-0.33

EBIT Margin (%)

30.48

40.02

34.89

34.51

14.54

Net Profit Margin (%)

24.94

32.18

26.91

26.96

11.32

ROA (%)

3.74

8.1

9.03

10.33

4.54

ROE (%)

4.15

8.98

10.08

11.97

5.43

ROCE (%)

4.98

10.46

12.14

14.13

6.69

Operating Profit Margin (%)

30.48

40.02

34.89

34.51

14.54

PBT Margin (%)

30.03

39.87

34.53

34.24

14.38

EBITDA Margin (%)

35.94

42.23

37.97

37.22

16.63

Debt to Equity (x)

-

-

-

-

-

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Quick Snapshot

ISIN

INE218H01017

CIN

₹10

Industry

Financial Services

Lot Size

50 Shares

Dipository:

NSDL & CDSL

PAN No.

AACCM8297L

Registration Date

09/06/2001

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