APTECHTNSEQ4 & FY2025-26May 25, 2026

Aptech Limited

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Key numbers — 40 extracted
rs,
28 2399 www Aptech-worldwide corn Unleash your potential To, BSE Limited 25th Floor, P J Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 532475 Email: corp.comm@bseindia.com Dear Sir/ Madam
rs. 2
earning, The Virtual Production Academy, ProAlley and Aptech International Pre-school, amongst others. 2 Businesses Institutional Business (Customer is an institution/corporation) The Institutional Busin
47%
136 66 15 12 570 24 25 23 17 9 9 26 93 105 70 37 9 11 173 570 Domestic Centres 47% 34% 19% I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 11 INTERNATIONAL FOOTPRINT
34%
66 15 12 570 24 25 23 17 9 9 26 93 105 70 37 9 11 173 570 Domestic Centres 47% 34% 19% I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 11 INTERNATIONAL FOOTPRINT Brand
19%
15 12 570 24 25 23 17 9 9 26 93 105 70 37 9 11 173 570 Domestic Centres 47% 34% 19% I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 11 INTERNATIONAL FOOTPRINT Brand-wise
28 billion
lity & Positioning Beauty & Wellness The Indian beauty and personal care market was valued at USD 28 billion in2024 and is expected to grow at a CAGR of 5.6% to USD 48.3 billion by 2033. Employment-led growt
5.6%
y and personal care market was valued at USD 28 billion in2024 and is expected to grow at a CAGR of 5.6% to USD 48.3 billion by 2033. Employment-led growth driven by premiumization, digital marketing, AI
48.3 billion
al care market was valued at USD 28 billion in2024 and is expected to grow at a CAGR of 5.6% to USD 48.3 billion by 2033. Employment-led growth driven by premiumization, digital marketing, AI/AR adoption and in
₹2.5
employability-focused training model. Media & Entertainmentt (M&E) Indian M&E industry stood at ₹2.5 trillion in 2024 and is expected to reach ₹3.07 trillion by 2027, with digital media now contributin
₹3.07
& Entertainmentt (M&E) Indian M&E industry stood at ₹2.5 trillion in 2024 and is expected to reach ₹3.07 trillion by 2027, with digital media now contributing 32% of total revenues. Consumption is structu
32%
illion in 2024 and is expected to reach ₹3.07 trillion by 2027, with digital media now contributing 32% of total revenues. Consumption is structurally shifting toward digital platforms, driving sustaine
9%
formats evolve. AVGC / Animation / VFX Educational Skilling & Assessment AVGC revenues declined 9% in 2024 to ₹103 billion due to global commissioning slowdown but are expected to recover at a 12.5%
Guidance — 7 items
Institutional Biz
opening
video Global expansion initiatives, including engagement at the Vietnam–India Business Forum (FY25).
Institutional Biz
opening
AVGC / Animation / VFX Educational Skilling & Assessment AVGC revenues declined 9% in 2024 to ₹103 billion due to global commissioning slowdown but are expected to recover at a 12.5% CAGR to ₹147 billion by 2027.
Institutional Biz
opening
I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 22 FINANCIAL PERFORMANCE Q4 FY'26 Q3 FY'26 Q4 FY’25 H2 FY'26 H2 FY'25 YoY%* Particulars (INR Lakhs) Revenue from Operations Less: Operating expenses EBITDA EBITDA Margin (%) Add: Other Income Less: Depreciation Profit Before Interest, Tax & Exceptional Items Less: Interest Profit Before Tax Less: Tax (Current + Deferred) Net Profit (excl.
Institutional Biz
opening
Lakhs Operating Revenue 45,692 43,681 46,010 50,343 11,808 22,610 FY16 FY17 FY18 FY19 FY20 FY21 FY21 FY22 FY23 FY24 FY25 FY26
CAGR
opening
15.48% 1,534 Operating EBITDA* 7,573 4,121 4,135 2,899 3,151 FY16 FY17 FY18 FY19 FY20 FY21 FY21 FY22 FY23 FY24 FY25 FY26
CAGR
opening
34.07% 878 FY16 FY17 FY18 FY19 FY20 FY21 FY21 FY22 FY23 FY24 FY25 FY26 Effectively Post-Covid FY21 onwards, a gradual shift from the franchise system towards higher direct student delivery.
CAGR
opening
Lakhs Domestic Retail International Retail* Institutional Business 34,275 39,326 35,795 24,934 2,670 2,756 3,565 3,856 3,165 3,128 10,147 6,227 17,193 9,707 2,911 11,419 5,550 3,518 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Effectively Post-Covid FY21 onwards, a gradual shift from the franchise system towards higher direct student delivery.
Risks & concerns — 3 flagged
Launch of India’s first holistic end-to- end Virtual Production Academy and Gen-AI aligned programs demonstrates management’s refresh offerings proactively, future-proofing the course and mitigating business obsolescence risk.
Institutional Biz
AVGC / Animation / VFX Educational Skilling & Assessment AVGC revenues declined 9% in 2024 to ₹103 billion due to global commissioning slowdown but are expected to recover at a 12.5% CAGR to ₹147 billion by 2027.
Institutional Biz
*Impact of currency volatility in Nigeria and Egypt has been recognised as an exceptional item in the financials.
CAGR
Speaking time
CAGR
4
BRANDS
1
Model
1
Institutional Biz
1
Opening remarks
BRANDS
I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 10 DOMESTIC FOOTPRINT Brand-wise Presence # of Centres # of States and UTs # of Cities / Towns Arena Animation Lakmé Academy Powered by Aptech (LAPA) Maya Academy of Advanced Creativity (MAAC) Aptech Learning Aptech International Pre-school Aptech Aviation Total No of Centres Tier - 1 Cities Tier - 2 Cities Tier - 3 & 4 Cities *Status as on 31st March 2026 169 172 136 66 15 12 570 24 25 23 17 9 9 26 93 105 70 37 9 11 173 570 Domestic Centres 47% 34% 19% I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 11 INTERNATIONAL FOOTPRINT Brand-wise Presence # of Centres # of Countries Aptech Learning / ACE Arena Multimedia Aptech English Aptech Networking Maya Academy of Advanced Creativity (MAAC) Total 100 66 4 6 1 177 15 10 4 4 1 Region Africa Asia Middle East SAARC (ex. India) Total *Status as on 31st March 2026 I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 # of Centres # of Countries 81 35 10 51 177 6 1 5 4 16 Nig
Model
From Recovery to Strategic Scale Recovery Phase Stability Quality Growth F i n a n c i a l s Focus on Sustainable Opportunities R i s k Ma n a g e me n t S c a l a bi l i t y Structured Contract Portfolio Structured Expansion Approach M a r k e t P e n e t r a t i o n Ma c r o T r e n ds O pe r a t i o n s Govt, Education & Corporate Strong Skilling Tailwinds Integrated Technology Process STABLE STRUCTURED STRATEGIC LONG -TERM VALUE CREATION I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 15 WAY FORWARD – SUSTAINABLE DE-RISKED GROWTH STRATEGIC OUTCOME WAY FORWARD – SUSTAINABLE & DE-RISKED GROWTH Testing + Training De-risked Portfolio Cash-Flow Discipline ❖ Enterprise capability ❖ Scalable partnerships ❖ Strong payment cycles ❖ Repeat clients ❖ Faster collections ❖ Lean working capital Selective Scale-up Capability Moat ❖ Key states & departments ❖ Sustainable expansion ❖ Technology-Assisted Evaluation ❖ Technology platforms ❖ Algorithm led question banks
Institutional Biz
Long-Term Capability Partner I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 16 BUSINESS MOAT BUSINESS MOAT Moat Differentiators Aptech’s Brand Positioning New-Age EdTech Peers Delivery Model Strategic Focus Expansion Model Revenue Profile Student Engagement Capital Efficiency Competitive Positioning Integrated PHYGITAL ecosystem combining centres, digital learning, mentorship and practical execution Primarily digital-first learning platforms Career-oriented skilling, employability and industry- linked outcomes Academic, test-prep and content-led learning Asset-light partner-led expansion with disciplined scaling Marketing-led customer acquisition driven scaling Diversified revenues across retail, institutional and international business Predominantly student subscription-led revenues Physical interaction, mentorship, placements and blended learning support retention Content engagement and educator-led stickiness Lower capex intensity with scalable operating leverage Higher p
CAGR
15.48% 1,534 Operating EBITDA* 7,573 4,121 4,135 2,899 3,151 FY16 FY17 FY18 FY19 FY20 FY21 FY21 FY22 FY23 FY24 FY25 FY26
CAGR
34.07% 878 FY16 FY17 FY18 FY19 FY20 FY21 FY21 FY22 FY23 FY24 FY25 FY26 Effectively Post-Covid FY21 onwards, a gradual shift from the franchise system towards higher direct student delivery. Improved enrolment monetisation and operational visibility. Post-covid, Domestic retail growth reflects this transition. *EBITDA excluding other income, interest and dividend income I N V E S T O R P R E S E N T A T I O N – Q 4 F Y 2 0 2 6 27 SEGMENT REVENUE SEGMENT REVENUE All financial numbers in Rs. Lakhs Domestic Retail International Retail* Institutional Business 34,275 39,326 35,795 24,934 2,670 2,756 3,565 3,856 3,165 3,128 10,147 6,227 17,193 9,707 2,911 11,419 5,550 3,518 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Effectively Post-Covid FY21 onwards, a gradual shift from the franchise system towards higher direct student delivery. Improved enrolment monetisation and operational visibility. Post-covid, Domestic retail growth reflects this transi
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