💰 Financial Performance

Revenue Growth by Segment

Not disclosed in available documents. The company approved results for the half-year ended September 30, 2025, but specific segment percentages were not provided in the text.

Geographic Revenue Split

Not disclosed in available documents. The company is headquartered in Mumbai, Maharashtra, but the percentage split across regions is not specified.

Profitability Margins

Not disclosed in available documents. Financial results for Q2 FY26 were approved on November 10, 2025, but margin percentages were not included in the provided snippets.

Capital Expenditure

Not disclosed in available documents. The company maintains Property, Plant, and Equipment (PPE) measured at cost, but specific INR Cr values for current or planned capex are missing.

⚙️ Operational Drivers

Raw Materials

As an education and skill development provider, the company's primary inputs are digital content, software licenses, and training materials rather than physical raw materials. Specific costs for these are not disclosed.

Capacity Expansion

The company operates through a Holding Company and 2 subsidiaries. Specific capacity metrics (e.g., number of students or training centers) and expansion timelines are not disclosed.

Raw Material Costs

Not disclosed in available documents. As a service-oriented business, employee benefits and content development likely represent the primary costs rather than traditional raw materials.

Manufacturing Efficiency

Not disclosed in available documents. The company focuses on education services rather than manufacturing.

📈 Strategic Growth

Expected Growth Rate

Not disclosed in available documents

Growth Strategy

The company is pursuing growth through its rebranding from Keerti Knowledge and Skills to G-Tec Jainx Education, likely aiming to leverage a new brand identity in the vocational training and EdTech space. The strategy involves managing a group structure with 2 subsidiaries to scale education services and skill development programs.

Products & Services

Vocational training courses, skill development programs, and educational services provided under the G-Tec Jainx and Keerti brands.

Brand Portfolio

G-Tec Jainx Education, Keerti Knowledge and Skills.

Strategic Alliances

The company operates with 2 subsidiaries; however, specific third-party JV partners are not named in the provided text.

🌍 External Factors

Industry Trends

The vocational training industry is shifting toward digital and hybrid learning models. The company's transition to Ind AS and its focus on 'Knowledge and Skills' positions it within the growing Indian EdTech and vocational training sector, which is increasingly regulated by national skill qualification frameworks.

Competitive Landscape

The company competes with both local vocational training centers and large-scale digital EdTech platforms.

Competitive Moat

The company's moat is based on its established brand presence in the training sector (formerly Keerti) and its corporate structure. Sustainability depends on the ability to update course content to match rapidly changing industry requirements for technology and professional skills.

Macro Economic Sensitivity

The business is sensitive to employment rates and economic growth, as higher unemployment or economic downturns can fluctuate the demand for skill-retooling and vocational education.

Consumer Behavior

Increasing preference for job-oriented certification over traditional degrees is a primary driver for the company's service demand.

⚖️ Regulatory & Governance

Industry Regulations

The company must comply with the Companies Act 2013, specifically Section 133 regarding Ind AS compliance, and SEBI (LODR) Regulations 2015 for financial disclosures and board meeting outcomes.

Legal Contingencies

The Group reported 0 INR in pending litigations that would impact its financial position as of March 31, 2025.

⚠️ Risk Analysis

Key Uncertainties

The inherent limitations of internal financial controls, such as the possibility of collusion or management override, present a risk that material misstatements may not be detected, potentially impacting investor confidence.

Geographic Concentration Risk

The company is registered in Mumbai, suggesting a concentration of administrative and potentially operational hubs in Maharashtra.

Third Party Dependencies

The company relies on its 2 subsidiaries for consolidated performance; for foreign subsidiaries, the holding company relies on the audit opinions of respective local auditors.

Technology Obsolescence Risk

The company faces high risk from technology obsolescence in its course content; failure to update curriculum for new software or industry standards would render its training products unmarketable.

Credit & Counterparty Risk

The company uses an 'expected credit loss' model to monitor financial assets at amortized cost, indicating a structured approach to managing receivable risks.