Aptech Limited (APTECHT)
₹86.25 -0.85% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Aptech's revenue was ₹134 Cr (+11.1% year on year, +20.5% on the previous quarter), and net profit ₹7.6 Cr (+13.6% year on year); the operating margin was 6.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹134 | +11.1% | +20.5% |
| Operating profit | ₹9.1 | +24.3% | +212.0% |
| Net profit | ₹7.6 | +13.6% | +329.5% |
| EPS (₹) | 1.32 | +13.8% | +325.8% |
| Operating margin | 6.8% | — | — |
APTECHT delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 51.68% of the APTECHT shares traded on NSE were taken to delivery, against the stock's own 20-session average of 53.07%. That is close to its usual level. Turnover was only ₹61 lakh, so a handful of trades can move this figure. It closed at a price band (circuit) on 1 session in about the last 20.
Delivery in the last 5 sessions: 63.1% · 45.9% · 57.0% · 55.7% · 51.7%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Aptech Limited has secured a domestic contract worth an estimated ₹19.05 crore from a State Government Body to conduct computer-based examinations. The order represents approximately 3.7% of its TTM revenue (₹517 crore) and about 14% of its typical quarterly revenue. The contract is scheduled to be executed during Q3 of FY 2026-27. This contract reflects steady order flow in its institutional testing and assessment segment.
- Secured contract with estimated value of ₹19.05 crore
- Scope covers providing computer-based examination services to a State Government Body
- Scheduled execution period is Q3 FY 2026-27
- Contract value represents ~3.7% of TTM revenue of ₹517 crore
Aptech Limited has issued a Postal Ballot notice seeking shareholder approval via an ordinary resolution to reclassify Mr. Utpal Sheth from 'Promoter Group' to 'Public Category'. Mr. Utpal Sheth holds 9,08,000 equity shares, representing 1.57% of the total shareholding. Stock exchanges BSE and NSE granted no-objection letters on September 09, 2026. Remote e-voting runs from October 01, 2026, to October 30, 2026, with results expected on or before November 01, 2026.
- Shareholder approval sought to reclassify Mr. Utpal Sheth from Promoter Group to Public Category
- Mr. Utpal Sheth holds 9,08,000 equity shares, corresponding to 1.57% of the company's shareholding
- No-objection letters received from BSE and NSE on September 09, 2026
- E-voting period opens October 01, 2026 (9:00 AM IST) and ends October 30, 2026 (5:00 PM IST)
- Voting results to be declared on or before November 01, 2026 (5:00 PM IST)
Aptech Limited has announced the closure of its trading window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window for insiders and designated persons will close on October 01, 2026. It will remain closed until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2026. The specific date of the board meeting to approve these results will be intimated separately.
- Trading window closes effective October 01, 2026
- Window remains shut until 48 hours post declaration of Q2/H1 FY27 financial results
- Applies to all insiders, designated persons, and their immediate relatives
- Board meeting date to declare results ended September 30, 2026 will be announced separately
Aptech Limited has secured a contract to conduct computer-based examinations for a domestic State Government Body. The estimated contract value is Rs 3.90 crore, which represents approximately 0.75% of Aptech's TTM revenue of Rs 517 crore. The contract is scheduled to be executed in Q3 of FY 2026-27 under standard service level agreements and terms. While aligned with its Institutional business focus, the financial impact remains modest.
- Received an estimated Rs 3.90 crore work order from a State Government Body
- Scope of work entails conducting Computer-Based Examination services
- Estimated execution timeline is set for Q3 of FY 2026-27
- Transaction involves no promoter interest and is not a related-party transaction
Aptech Limited has received no-objection letters from BSE and NSE dated September 9, 2026, approving the re-classification of Mr. Utpal Sheth from 'Promoter Group' to 'Public'. This follows the company's initial application made on May 25, 2026, under Regulation 31A of SEBI LODR Regulations. Total promoter holding stood at 47.35% as of March 2026. This administrative change does not affect core business operations or financial performance.
- Stock exchanges (BSE & NSE) issued no-objection letters on September 9, 2026.
- Re-classification of Mr. Utpal H Sheth approved from 'Promoter Group' to 'Public'.
- Application was previously submitted on May 25, 2026 under Regulation 31A of SEBI LODR.
- Aptech reported promoter holding of 47.35% as of March 2026.
Aptech Limited announced the conclusion of inspection and search proceedings conducted by the Maharashtra State Goods & Services Tax Department at its Head Office on September 07, 2026. During the investigation, the company deposited ₹4.14 crore (inclusive of GST and interest) on matters identified by authorities. This one-time deposit accounts for approximately 17.25% of Aptech's TTM PAT of ₹24 crore. The company reported no operational disruptions and noted that no formal adverse order or directive has been issued so far.
- GST search proceedings at Aptech House concluded on September 07, 2026
- Company deposited ₹4.14 crore inclusive of GST and interest during the investigation
- Deposit represents ~17.25% of Aptech's TTM net profit of ₹24 crore
- No adverse formal order or ad-interim direction received to date
Aptech Limited has informed exchanges that the Maharashtra State Goods & Services Tax Department initiated an inspection and search at its Registered Office in Mumbai. The search commenced on September 01, 2026, at 3:00 p.m. The company confirmed it is fully cooperating with tax authorities and stated that regular business operations remain unaffected. Specific claims, tax demands, or financial liabilities, if any, have not been disclosed at this stage.
- Maharashtra State GST Department initiated an inspection and search at the Registered Office.
- The search operation commenced on September 01, 2026, at 3:00 p.m.
- Aptech stated that company business operations remain unaffected and continue as usual.
- Any potential tax demand or financial exposure was not disclosed.
Aptech Limited has secured a domestic work order estimated at ₹5.66 crore from an autonomous body under a State Government. The scope of the contract involves conducting training programs, with execution scheduled to commence in Q3 FY 2026-27. Relative to Aptech's TTM revenue of ₹517 crore, the contract represents approximately 1.1% of revenue. The order is a standard commercial contract and does not involve related-party transactions.
- Received a domestic work order with an estimated value of ₹5.66 crore
- Contract awarded by an autonomous body under a State Government
- Training program execution will commence from Q3 FY 2026-27
- Order size represents ~1.1% of Aptech's TTM revenue of ₹517 crore
Aptech Limited has issued the notice for its 26th Annual General Meeting scheduled for September 23, 2026, via Video Conferencing. Key agenda items include adopting the FY26 financial statements and the reappointment of non-executive directors Mr. Vishal Gupta and Mr. Amit Goela, who retire by rotation. The company is also seeking shareholder approval for commission payments to Independent Directors (up to 1% of net profits) and revising the statutory auditor remuneration from ₹43.75 lakh to ₹47.00 lakh per annum for FY26 and FY27.
- 26th Annual General Meeting scheduled for Wednesday, September 23, 2026 at 12:00 PM IST.
- Proposed reappointment of Non-Executive Directors Mr. Vishal Gupta and Mr. Amit Goela (holds 4,30,000 shares as of March 31, 2026).
- Approval sought for commission to Non-Executive Independent Directors capped at 1% of net profits per annum for 5 years starting FY26.
- Statutory auditor remuneration for M/s Bansi S. Mehta & Co. proposed to increase from ₹43,75,250 to ₹47,00,000 per annum.
Aptech Limited has informed the exchanges that its management will participate in the 'Kaptify Investor Conference' on August 31, 2026, in Mumbai. The interactions will take place between 10:00 AM and 5:00 PM in group and one-on-one in-person formats. The company confirmed that only publicly available information will be discussed and no unpublished price-sensitive information will be shared. This is a standard procedural intimation under Regulation 30 of SEBI LODR.
- Event: Participation in Kaptify Investor Conference on August 31, 2026
- Meeting window: Scheduled between 10:00 AM and 05:00 PM
- Format: In-person group and one-on-one meetings in Mumbai
- Compliance: Based strictly on publicly available information with no UPSI shared
Aptech Limited released its Q1 FY2026-27 investor presentation outlining its business model across Retail Skilling and Institutional testing segments. The company reported a domestic footprint of 574 operational centres across 173 cities and 26 states/UTs as of June 30, 2026. Internationally, it operates 181 centres across 16 countries, led by 85 centres in Africa and 51 in SAARC nations. Over its 40-year history, Aptech has trained over 7.5 million students and tested over 20 million candidates.
- Domestic operational footprint stands at 574 centres across 173 cities in 26 states/UTs as of June 30, 2026 (47% Tier-1, 33% Tier-2, 20% Tier-3/4).
- International presence comprises 181 centres across 16 countries, with 85 in Africa, 51 in SAARC, 34 in Asia, and 11 in the Middle East.
- Top domestic brand presence led by Lakme Academy (173 centres), Arena Animation (172 centres), and MAAC (136 centres).
- Cumulative operational scale spans 40 years, with 7.5+ million students trained and 20+ million candidates tested globally.
Aptech Limited has secured a domestic work order worth an estimated Rs 7.23 crore from a State Government Body. The contract entails providing computer-based examination services and is scheduled for execution in Q2 FY 2026-27. The order size represents approximately 1.4% of the company's TTM revenue of Rs 517 crore, providing modest revenue visibility for its Institutional assessment business.
- Estimated contract value: Rs 7.23 crore
- Scope of work: Conducting computer-based examination services for a State Government Body
- Execution timeline: Scheduled to be executed during Q2 FY 2026-27
- Order represents approximately 1.4% of Aptech's TTM revenue of Rs 517 crore
Aptech Limited has appointed M/s SAPSJ & Associates as the company's Cost Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors in their meeting held on August 05, 2026. The audit firm has experience with major clients including NALCO, NTPC, and GAIL. This is a standard regulatory compliance filing and does not impact the company's operational financials.
- Appointment of M/s SAPSJ & Associates as Cost Auditors for the financial year 2026-27
- Board approval finalized during the meeting held on August 05, 2026
- The appointed firm (Registration No: 000445) has prior experience with government entities like Ministry of Railways and GAIL
- The auditors have no relationship with any Directors or Key Managerial Personnel of Aptech
Aptech Limited's board met on August 5, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board also finalized the Annual Financial Statements and Directors' Report for FY 2025-26. Additionally, M/s SAPSJ & Associates was appointed as the Cost Auditor for the 2026-27 fiscal year. This meeting marks the formal transition into the new financial year's reporting cycle.
- Approval of unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
- Appointment of M/s SAPSJ & Associates as Cost Auditor for FY 2026-27, subject to shareholder approval.
- Finalization of the Management Discussion and Analysis and Business Responsibility and Sustainability Report for FY 2025-26.
- The board meeting was conducted over a duration of 1 hour and 35 minutes, concluding at 2:50 p.m.
Aptech Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026. The filing confirms that the company's Registrar and Transfer Agent (RTA), KFin Technologies Limited, processed all dematerialization requests within the mandated 15-day period. Additionally, the company reported that no rematerialization requests were received during this quarter. This is a standard administrative filing required for all listed entities to ensure the integrity of electronic shareholding records.
- Compliance certificate issued for the quarter ended June 30, 2026
- Dematerialization requests processed and names substituted within 15 days of receipt
- Zero (0) rematerialization requests received during the April-June 2026 quarter
- Certificate issued by RTA KFin Technologies Limited on July 10, 2026
Financial Performance
Revenue Growth by Segment
Consolidated operating revenue for FY 2024-25 reached INR 460.10 Cr, a 5% YoY increase. The Retail segment grew 11% YoY to INR 424.92 Cr, while the Institutional segment declined 37% YoY to INR 35.18 Cr.
Geographic Revenue Split
Aptech maintains a global presence with over 1,000 centers across domestic and international markets. Specific percentage splits by region were not disclosed in the available documents.
Profitability Margins
Net profit margin fell to 4.15% in FY 2024-25 from 6.65% in the previous year, a 38% decline. This was driven by lower profit realization and a significant increase in the effective tax rate to 45.09% due to MAT credit reversal.
EBITDA Margin
Total Profit Before Tax (PBT) was INR 34.75 Cr, down 14% YoY from INR 40.36 Cr. Retail PBT was INR 70.96 Cr (-8% YoY), while the Institutional segment reported a loss of INR 14.57 Cr, a 42% increase in loss YoY.
Capital Expenditure
The company invested heavily in brand-building, digital outreach, and below-the-line marketing to drive footfalls. Specific absolute CapEx figures in INR Cr were not disclosed.
Credit Rating & Borrowing
Aptech maintains a zero-debt position as of March 31, 2025. Interest Service Coverage Ratio improved 13% YoY to 46.42x.
Operational Drivers
Raw Materials
As a service-based vocational training provider, primary inputs are human capital (faculty) and curriculum content. Content partners include ActionCOACH, Brian Tracy Solutions, Sales Geek, and GrevX Academy.
Import Sources
Content and strategic partnerships are sourced globally to maintain industry relevance, though specific country-wise import percentages are not disclosed.
Key Suppliers
Key content and training partners include ActionCOACH, Brian Tracy Solutions, Sales Geek, and GrevX Academy.
Capacity Expansion
Current capacity includes over 1,000 centers globally. Expansion is focused on digital delivery and new formats like the Virtual Production Academy and Gen-AI programs.
Raw Material Costs
Not applicable as a percentage of revenue for this service model; however, unallocable expenses (including corporate overheads) rose 9% to INR 34.02 Cr.
Manufacturing Efficiency
Not applicable. Operational efficiency is measured by center footfalls and lead generation through digital outreach.
Logistics & Distribution
Distribution and marketing costs increased in the Retail segment to enhance brand-building and lead generation, though specific INR values were not isolated.
Strategic Growth
Expected Growth Rate
5.10%
Growth Strategy
Growth is targeted through four strategic pillars: leveraging AI and digital technologies (Gen-AI programs), enhancing internal capabilities, revitalizing the Institutional business post-election recovery, and expanding into evolving markets like Virtual Production.
Products & Services
Vocational training courses in IT, Media & Entertainment, Retail & Aviation, Beauty & Wellness, Banking & Finance, and Pre-school education, along with corporate assessment and testing solutions.
Brand Portfolio
Arena Animation, Maya Academy of Advanced Creativity (MAAC), Lakmé Academy powered by Aptech, Aptech Learning, Aptech Aviation Academy, Aptech International Preschool, and ProAlley.
New Products/Services
Launched Virtual Production Academy and Gen-AI programs to align with creative tech trends. ProAlley provides online training in graphic design and VFX.
Market Expansion
Focusing on recovery in the Media & Entertainment sector and leveraging government empanelment for the Institutional business.
Market Share & Ranking
Pioneer in non-formal vocational training with nearly four decades of experience and a global footprint of 1,000+ centers.
Strategic Alliances
Partnerships with ActionCOACH, Brian Tracy Solutions, Sales Geek, and GrevX Academy to enhance learner value propositions.
External Factors
Industry Trends
The Indian IT industry grew 5.1% in FY 2024-25 to USD 224 billion in exports. Trends include a shift toward Gen-AI, immersive media, and digital maturity.
Competitive Landscape
Faces competition from niche EdTech platforms and intensified local competition in the beauty and vocational segments.
Competitive Moat
Moat is built on a 40-year brand legacy, a massive global network of 1,000+ centers, and strong industry partnerships (e.g., Lakmé), which are difficult for niche EdTech platforms to replicate at scale.
Macro Economic Sensitivity
Highly sensitive to government spending cycles; Institutional revenue fell 37% due to election-related delays in order cycles.
Consumer Behavior
Rising learner expectations for differentiated, future-ready, and job-enabling training formats.
Geopolitical Risks
International operations are subject to regional regulatory changes and economic stability in global markets.
Regulatory & Governance
Industry Regulations
Compliant with Companies Act 2013 and SEBI LODR 2015. Operations are subject to evolving vocational training standards and government empanelment norms.
Environmental Compliance
Not disclosed as a significant cost factor for this service-oriented business.
Taxation Policy Impact
Effective tax rate rose to 45.09% in FY 2024-25 due to MAT credit reversal and MAT expenses totaling INR 15.67 Cr.
Risk Analysis
Key Uncertainties
Sector-specific disruptions (e.g., Hollywood strike), government policy shifts affecting Institutional orders, and high employee attrition (28.5%).
Geographic Concentration Risk
Global footprint with 1,000+ centers; however, the Institutional segment is heavily concentrated on Indian government contracts.
Third Party Dependencies
Dependent on content partners like ActionCOACH and Brian Tracy for specialized curriculum.
Technology Obsolescence Risk
Rapid advancements in AI and digital delivery require constant curriculum updates; failure to innovate could lead to loss of relevance to niche EdTechs.
Credit & Counterparty Risk
Trade receivables turnover improved 30% to 11.04x due to robust collection processes and active monitoring of aging receivables.
