Corporate Overview

Aptech, established in 1986, is a global vocational training and skill development company focused on building industry-relevant skills and career opportunities. The company operates through two main business segments: Global Retail (customer is individual student) and Institutional Business (customer is institution/corporation).

Business Segments and Brands

Global Retail Business:

  • Career-oriented training for individual learners across animation, VFX, technology, beauty, aviation and preschool education
  • Key brands: Arena Animation, MAAC, Lakmé Academy Powered by Aptech, Aptech Learning, Aptech International Pre-school, Aptech Aviation

Institutional Business:

  • Provides assessment, testing and training solutions
  • Supports recruitment & entrance examinations for government institutions and autonomous bodies

Domestic Footprint (as of September 30, 2026)

  • Total centres: 591 across 26 states/UTs and 180 cities/towns
  • Brand-wise distribution:
  • Arena Animation: 172 centres across 24 states/UTs in 93 cities
  • Lakmé Academy Powered by Aptech: 182 centres across 25 states/UTs in 114 cities
  • MAAC: 141 centres across 23 states/UTs in 73 cities
  • Aptech Learning: 68 centres across 15 states/UTs in 35 cities
  • Aptech International Preschool: 15 centres across 9 states/UTs in 9 cities
  • Aptech Aviation: 13 centres across 8 states/UTs in 12 cities
  • Geographic distribution: Tier-1 cities (46%), Tier-2 cities (33%), Tier-3 & 4 cities (21%)

International Footprint (as of September 30, 2026)

  • Total centres: 184 across 16 countries
  • Brand-wise distribution:
  • Aptech Learning/ACE: 107 centres in 16 countries
  • Arena Multimedia: 66 centres in 10 countries
  • Aptech English: 4 centres in 4 countries
  • Aptech Networking: 6 centres in 4 countries
  • MAAC: 1 centre in 1 country
  • Regional distribution:
  • Africa: 87 centres in 6 countries
  • Asia: 34 centres in 1 country
  • Middle East: 8 centres in 4 countries
  • SAARC (ex. India): 55 centres in 5 countries
  • Top countries: Vietnam, Nigeria, Egypt, Kenya, Uganda, Zambia

Strategic Partnerships and Initiatives

FTII, Pune Collaboration:

  • Partnership with FTII for joint certification programs and workshops for Animation, VFX and Filmmaking
  • Courses co-created by Aptech and FTII subject matter experts
  • FTII alumni will deliver programs
  • Offers joint certification, expert-led learning, industry-relevant skills, and career opportunities

Lakmé Academy Expansion:

  • Enters nutrition segment as new growth vertical
  • Two new programs: Nutrition for Trichology
  • Marks 10 years of beauty education

MAAC Collaboration with DSEU:

  • Partners with Delhi Skill and Entrepreneurship University (DSEU)
  • Introduces university-recognized B.Des degree (4-year course)
  • Specializations: Digital Media and Content Creation, Animation and Visual Effects – Film Design

Product Academic Advisory Board:

  • Comprises industry experts from animation, VFX and design
  • Members: Sanath PC (Firefly Studios), Navin Paul (NY VFXWaala), Rituparna Sarkar (Visual Sarkarsm), Prateek Sethi (Trip Creative Services), Pradipto Biswas (DreamWorks Animation), Jayanti Mahapatra (Independent Consultant)
  • Key objective: Transitioning from Job Readiness to Skill Monetisation

AI Integration Strategy

  • Embedding AI alongside domain skills and applied learning
  • Preparing talent for AI-native and AI-assistive work
  • AI applications across portfolio:
  • MAAC: AI-assisted ideation, previsualisation, VFX, 3D and game workflows
  • Arena Animation: AI-powered design, motion graphics, video and content creation
  • Aptech Learning: AI/ML learning; advancing toward AI-assisted development, vibe coding and agentic AI
  • Students placed across AI-led roles with approximate CTC of 7-10 LPA

Institutional Business (EBG) Strategy

  • Transitioning to strengthened business model: From Recovery to Strategic Scale
  • Focus on sustainable opportunities, risk management, structured contract portfolio
  • Scalability through structured expansion approach
  • Market penetration in government, education & corporate sectors
  • Technology-assisted evaluation using algorithm-led question banks

Financial Performance - Q2 FY27 (Consolidated)

Income Statement (₹ in lakhs):

  • Income from Operations: 14,768 (Q2FY27) vs 13,488 (Q2FY26) → +9.5% YoY
  • Other Income: 391 (Q2FY27) vs 425 (Q2FY26) → -8.0% YoY
  • Total Income from Operations: 15,159 (Q2FY27) vs 13,913 (Q2FY26) → +9.0% YoY
  • Total Expenditure: 13,519 (Q2FY27) vs 12,725 (Q2FY26) → +6.2% YoY
  • EBITDA: 1,640 (Q2FY27) vs 1,189 (Q2FY26) → +37.9% YoY
  • EBITDA Margin: 10.8% (Q2FY27) vs 8.5% (Q2FY26) → +227 bps
  • Depreciation & Amortization: 217 (Q2FY27) vs 205 (Q2FY26) → +5.9% YoY
  • EBIT: 1,423 (Q2FY27) vs 984 (Q2FY26) → +44.6% YoY
  • Finance Costs: 47 (Q2FY27) vs 65 (Q2FY26) → -26.8% YoY
  • Profit Before Tax (excl. Exceptional Items): 1,376 (Q2FY27) vs 919 (Q2FY26) → +49.6% YoY
  • Exceptional Items: -205 (Q2FY27) vs - (Q2FY26)
  • Profit Before Tax (incl. Exceptional Items): 1,170 (Q2FY27) vs 919 (Q2FY26) → +27.3% YoY
  • Tax Expense: 252 (Q2FY27) vs 274 (Q2FY26) → -7.9% YoY
  • Net Profit (Reported): 919 (Q2FY27) vs 646 (Q2FY26) → +42.3% YoY
  • PAT Margin (Reported): 6.1% (Q2FY27) vs 4.6% (Q2FY26) → +142 bps
  • EPS (in ₹): 1.58 (Q2FY27) vs 1.11 (Q2FY26) → +42.3% YoY

Financial Performance - H1 FY27 (Consolidated)

Income Statement (₹ in lakhs):

  • Income from Operations: 28,143 (H1FY27) vs 25,531 (H1FY26) → +10.2% YoY
  • Other Income: 771 (H1FY27) vs 910 (H1FY26) → -15.3% YoY
  • Total Income from Operations: 28,914 (H1FY27) vs 26,441 (H1FY26) → +9.4% YoY
  • Total Expenditure: 25,983 (H1FY27) vs 24,035 (H1FY26) → +8.1% YoY
  • EBITDA: 2,931 (H1FY27) vs 2,406 (H1FY26) → +21.8% YoY
  • EBITDA Margin: 10.1% (H1FY27) vs 9.1% (H1FY26) → +104 bps
  • Depreciation & Amortization: 440 (H1FY27) vs 407 (H1FY26) → +8.2% YoY
  • EBIT: 2,491 (H1FY27) vs 1,999 (H1FY26) → +24.6% YoY
  • Finance Costs: 84 (H1FY27) vs 109 (H1FY26) → -22.5% YoY
  • Profit Before Tax (excl. Exceptional Items): 2,406 (H1FY27) vs 1,891 (H1FY26) → +27.3% YoY
  • Exceptional Items: -205 (H1FY27) vs -20 (H1FY26)
  • Profit Before Tax (incl. Exceptional Items): 2,201 (H1FY27) vs 1,871 (H1FY26) → +17.7% YoY
  • Tax Expense: 518 (H1FY27) vs 552 (H1FY26) → -6.2% YoY
  • Net Profit (Reported): 1,683 (H1FY27) vs 1,318 (H1FY26) → +27.7% YoY
  • PAT Margin (Reported): 5.8% (H1FY27) vs 5.0% (H1FY26) → +83 bps
  • EPS (in ₹): 2.90 (H1FY27) vs 2.27 (H1FY26) → +27.8% YoY

Segmental Performance - Q2 FY27

Revenue (₹ in lakhs):

  • Retail: 12,170 (Q2FY27) vs 10,850 (Q2FY26) → +12.2% YoY
  • Institutional: 2,598 (Q2FY27) vs 2,638 (Q2FY26) → -1.5% YoY
  • Total Revenue from Operations: 14,768 (Q2FY27) vs 13,488 (Q2FY26) → +9.5% YoY

Segment EBIT (₹ in lakhs):

  • Retail: 1,693 (Q2FY27) vs 1,702 (Q2FY26) → -0.5% YoY
  • Institutional: 272 (Q2FY27) vs -192 (Q2FY26) → +242.0% YoY
  • Total Segment EBIT: 1,965 (Q2FY27) vs 1,510 (Q2FY26) → +30.1% YoY

Segment EBIT Margins:

  • Retail: 13.9% (Q2FY27) vs 15.7% (Q2FY26) → -177 bps
  • Institutional: 10.5% (Q2FY27) vs -7.3% (Q2FY26) → +1,773 bps

Segmental Performance - H1 FY27

Revenue (₹ in lakhs):

  • Retail: 22,381 (H1FY27) vs 20,598 (H1FY26) → +8.7% YoY
  • Institutional: 5,762 (H1FY27) vs 4,933 (H1FY26) → +16.8% YoY
  • Total Revenue from Operations: 28,143 (H1FY27) vs 25,531 (H1FY26) → +10.2% YoY

Segment EBIT (₹ in lakhs):

  • Retail: 2,952 (H1FY27) vs 3,088 (H1FY26) → -4.4% YoY
  • Institutional: 572 (H1FY27) vs -101 (H1FY26) → +668.6% YoY
  • Total Segment EBIT: 3,524 (H1FY27) vs 2,988 (H1FY26) → +17.9% YoY

Segment EBIT Margins:

  • Retail: 13.2% (H1FY27) vs 15.0% (H1FY26) → -180 bps
  • Institutional: 9.9% (H1FY27) vs -2.0% (H1FY26) → +1,196 bps

Expenditure Breakdown (Q2 FY27)

  • Purchases of stock-in-trade: 93 lakhs (+105.7% YoY)
  • Changes in Inventories of stock-in-trade: -72 lakhs
  • Employee benefits expenses: 1,855 lakhs (+2.8% YoY)
  • Other Expenses: 11,642 lakhs (+7.1% YoY)

Additional Information

  • The investor presentation was uploaded on the company's website
  • Compliance officer: Shruti Aniket Kanvinde (Membership No. A38705)
  • Investor relations contact: investor_relations@aptech.co.in
  • Strategy & Investor Relations consulting provided by KAPTIFY® CONSULTING