amit@unlistedkraft.com
+91-9599071664
+91-9599071664
Maharashtra Knowledge Corporation MKCL
DRHP Status : Not Filed
429
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 68 | 120 | 177 | 235 |
| Cost of Material Consumed | 34.9 | 49.4 | 92 | 140 |
| Gross Margins | 48.68 | 58.83 | 48.02 | 40.43 |
| Change in Inventory | 3 | 2 | -4 | -1 |
| Employee Benefit Expenses | 34.7 | 35 | 35 | 38 |
| Other Expenses | 7 | 14.4 | 13 | 16 |
| EBITDA | -11.6 | 19.2 | 41 | 42 |
| OPM | -17.06 | 16 | 23.16 | 17.87 |
| Other Income | 33.7 | 24.9 | 30 | 46 |
| Finance Cost | 0.3 | 0.1 | 0.6 | 0.64 |
| D&A | 3.7 | 2.6 | 5 | 6.3 |
| EBIT | -15.3 | 16.6 | 36 | 35.7 |
| EBIT Margins | -22.5 | 13.83 | 20.34 | 15.19 |
| PBT | 22.6 | 47 | 65 | 80 |
| PBT Margins | 33.24 | 39.17 | 36.72 | 34.04 |
| Tax | 3.4 | 9.2 | 14 | 17 |
| PAT | 19.2 | 37.8 | 51 | 63 |
| NPM | 28.24 | 31.5 | 28.81 | 26.81 |
| EPS | 24 | 47.25 | 63.75 | 77.97 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | -17.06 | 16 | 23.16 | 17.87 |
| Net Profit Margin | 28.24 | 31.5 | 28.81 | 26.81 |
| Earning Per Share (Diluted) | 24 | 47.25 | 63.75 | 77.97 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 14.3 | 13.7 | 16 | 16 |
| CWIP | 0 | 0.3 | 0 | 0.18 |
| Investments | 181.7 | 178.6 | 220 | 269 |
| Trade Receivables | 32 | 52.4 | 37 | 21 |
| Inventory | 2 | 0 | 4 | 4.6 |
| Other Assets | 245.9 | 272.8 | 306 | 376.22 |
| Total Assets | 475.9 | 517.8 | 583 | 687 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 8 | 8 | 8 | 8.08 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 423 | 462 | 512 | 574 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 34 | 9 | 16 | 15 |
| Other Liabilities | 11 | 38.9 | 47 | 89.92 |
| Total Liabilities | 476 | 517.9 | 583 | 687 |
| Name | Holding |
|---|---|
| State Govt. | 3713.% |
| Indian Residents | 22.19% |
| Universities | 33.91% |
| Others | 6.7% |
Maharashtra Knowledge Corporation (MKCL) is a public limited company, unlisted and promoted by the Department of Higher and Technical Education, Government of Maharashtra, focused on e-learning, e-governance, and skill development, with a network of authorized learning centers
Strengths:
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Diverse Educational Offerings: MKCL provides a wide range of courses catering to various educational and skill development needs, making it a versatile player in the education sector
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Robust Financial Performance: In the fiscal year 2022-23, MKCL reported a 33.75% increase in total income, reaching ₹20,323.90 lakhs, and a 23.49% rise in profit after tax, amounting to ₹4,776.24 lakhs. This financial growth indicates strong operational efficiency and market demand.
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Extensive Network: With over 5,000 Authorized Learning Centers in Maharashtra, MKCL has established a significant presence, facilitating widespread access to its educational programs.
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Positive Work Culture: Employee reviews highlight a healthy work environment, strong management, and a focus on work-life balance, contributing to high job satisfaction and productivity. ​
Weaknesses:
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Limited Integration of Skill Development Efforts: Challenges such as the lack of integration among various departmental skill development initiatives and insufficient societal acceptance of vocational training hinder the effectiveness of MKCL's programs.
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Employee Concerns: Some employees have expressed dissatisfaction regarding low salaries and ineffective management practices, which could impact staff retention and morale.
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Dependence on Government Collaboration: While collaboration with government departments has facilitated growth, it may also lead to operational dependencies and potential bureaucratic challenges.
+91-9599071664
amit@unlistedkraft.com