| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 120 | 177 | 235 | 276 |
| Cost of Material Consumed | 49.4 | 92 | 140 | 172 |
| Change in Inventory | 2 | -4 | -1 | 1 |
| Gross Margins | 57.17 | 50.28 | 40.85 | 37.32 |
| Employee Benefit Expenses | 35 | 35 | 38 | 36 |
| Other Expenses | 14.4 | 13 | 16 | 21 |
| EBITDA | 19.2 | 41 | 42 | 46 |
| OPM | 16 | 23.16 | 17.87 | 16.67 |
| Other Income | 24.9 | 30 | 46 | 0.5 |
| Finance Cost | 0.1 | 0.6 | 0.64 | 0.45 |
| D&A | 2.6 | 5 | 6.3 | 5.78 |
| EBIT | 16.6 | 36 | 35.7 | 40.22 |
| EBIT Margins | 13.83 | 20.34 | 15.18 | 14.57 |
| PBT | 47 | 65 | 80 | 40 |
| PBT Margins | 39.17 | 36.72 | 34.04 | 14.49 |
| Tax | 9.2 | 14 | 17 | 8 |
| PAT | 37.8 | 51 | 63 | 32 |
| NPM | 31.5 | 28.81 | 26.81 | 11.59 |
| EPS | 47.25 | 63.75 | 77.97 | 39.6 |
| Financial Ratios | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Profit Margin | 23.16 | 17.87 | 16.67 |
| Net Profit Margin | 28.81 | 26.81 | 11.59 |
| Earning Per Share (Diluted) | 63.75 | 77.97 | 39.6 |
| Assets | 2023 | 2024 | 2025 |
|---|---|---|---|
| Fixed Assets | 16 | 16 | 15 |
| CWIP | 0 | 0.18 | 0 |
| Investments | 220 | 269 | 479 |
| Trade Receivables | 37 | 21 | 57 |
| Inventory | 4 | 4.6 | 4 |
| Other Assets | 306 | 376.22 | 180 |
| Total Assets | 583 | 687 | 735 |
| Liabilities | 2023 | 2024 | 2025 |
|---|---|---|---|
| Share Capital | 8 | 8.08 | 8.08 |
| FV | 10 | 10 | 10 |
| Reserves | 512 | 574 | 606 |
| Borrowings | 0 | 0 | 0 |
| Trade Payables | 16 | 15 | 67.5 |
| Other Liabilities | 47 | 89.92 | 53.42 |
| Total Liabilities | 583 | 687 | 735 |
| Cash-Flow Statement | 2023 | 2024 | 2025 |
|---|---|---|---|
| PBT | 65 | 76 | 84 |
| OPBWC | 45 | 48 | 56 |
| Change in Receivables | 12 | 9.67 | -44.52 |
| Change in Inventories | -4 | -0.53 | 0.72 |
| Change in Payables | 7 | 1.43 | 29.46 |
| Other Changes | -9 | 42.43 | -62.66 |
| Working Capital Change | 6 | 53 | -77 |
| Cash Generated From Operations | 51 | 101 | -21 |
| Tax | -6 | -18 | -15 |
| Cash Flow From Operations | 45 | 83 | -36 |
| Purchase of PPE | -5 | -1.68 | -6 |
| Sale of PPE | 0 | 0 | 0 |
| Cash Flow From Investment | -43 | -67 | 47 |
| Borrowing | 0 | 0 | 0 |
| Dividend | -1 | -1.61 | -2.02 |
| Equity | 0 | 0 | 0 |
| Others From Financing | -2 | -1.39 | -1.98 |
| Cash Flow from Financing | -3 | -3 | -4 |
| Net Cash Generated | -1 | 4 | 7 |
| Cash at the Start | 5 | 13 | 17 |
| Cash at the End | 4 | 17 | 24 |
Maharashtra Knowledge Corporation (MKCL) Limited is a pioneering public–private partnership formed to drive large-scale digital literacy and e-governance initiatives across India. Established in 2001, MKCL has played a transformative role in delivering IT-enabled education, vocational training, and skill development programs to millions of learners. Its flagship offering, the MS-CIT (Maharashtra State Certificate in Information Technology), remains one of the most recognised digital literacy courses in the country. Beyond education, MKCL also supports government departments through digital platforms for admissions, examinations, governance services, and citizen-centric service delivery. With a strong technological backbone and extensive network of learning centers, MKCL has earned a reputation for scalable and cost-effective digital solutions.
Investors looking at MKCL’s unlisted shares often evaluate the company through the lens of its consistent business model, recurring revenue streams, and long-term demand for digital education and e-governance solutions. The company’s financial stability, diversified operations beyond Maharashtra, and strategic expansion into states like Odisha, Bihar, Rajasthan, and Haryana add to its attractiveness. Additionally, MKCL’s focus on e-learning innovations, online assessments, cloud-based solutions, and digital transformation projects positions it strongly amid India’s rapidly growing digital adoption. The unlisted share market generally views MKCL as a steady-growth company with relatively lower risk, backed by government collaborations, institutional shareholders, and proven operational expertise.
Looking ahead, MKCL is expected to benefit from the continued push toward digital skilling, online education, and technology-enabled governance. Its expanding portfolio of skill-based courses, corporate training programs, and international initiatives further enhances its growth potential. With the Indian government prioritizing digital empowerment through initiatives like Digital India and Skill India, MKCL stands well-positioned to capture increasing demand. For investors, MKCL’s unlisted shares may offer long-term value, especially if the company’s expansion strategies translate into higher revenues and profitability. While liquidity in unlisted markets can be limited, MKCL’s stable business model and sustained reputation make it an appealing consideration for investors seeking exposure to the digital education and e-governance ecosystem.
Q:1 How do I confirm the booking for MKCL Limited Unlisted Shares?Answer: You need to confirm the booking of Maharashtra Knowledge Corporation (MKCL) Limited Unlisted Shares with us at the trading price.
Q:2 What documents do I need to provide for buying MKCL Limited Unlisted Shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque if you are not transferring funds from the bank account mentioned in the CMR Copy.These are KYC documents required as per SEBI regulations.
Q:3 How do I obtain my client master report if I don't have it?
Answer: You can ask your broker for your client master report if you do not have it available.
Q:4 How will I receive the bank details for the fund transfer?
Answer: We will provide you with the necessary bank details for transferring the funds once you confirm your booking.
Q:5 What payment methods are accepted for purchasing MKCL Limited Unlisted Shares?Answer: Payments must be made through RTGS, NEFT, IMPS, or Cheque Transfer.Cash deposits are not accepted.
Q:6 Can I transfer funds from any bank account for purchasing MKCL Limited Unlisted Shares?Answer: No, payment must be made from the same account in which the shares are to be credited.
Q:7 What should I do if I cannot transfer funds using the accepted payment methods?Answer: If you are unable to use the accepted payment methods, please contact us for further assistance.
Q:8 Is there a deadline for making the payment after confirming the booking?Answer: It is advisable to make the payment promptly after confirming your booking to ensure a smooth transaction, but specific deadlines may vary based on the agreement.Please check with us for details.