Aptech Limited (IN:APTECHT)
:APTECHT
Want to see IN:APTECHT full AI Analyst Report?
Top Page
Aptech Limited
(APTECHT)
Select Model
Select Model
Rating:73Outperform
Price Target:
₹128.00
▲(38.08% Upside)
Action:Reiterated
Date:06/13/26
The score is driven primarily by solid overall financial quality (notably a very low-debt balance sheet and positive FY2026 free cash flow), tempered by materially compressed margins versus FY2022–FY2023 and uneven cash-flow history. Technicals add support due to a strong uptrend and healthy momentum, while valuation is a modest headwind given the ~28 P/E despite an attractive ~3.9% dividend yield.
Positive Factors
Franchise-driven, asset-light model
Aptech’s blended company-and-franchise center model is asset-light and scalable. Franchise partners expand geographic reach with lower corporate capex, while fees/royalties and local marketing drive repeatable enrollment. This supports durable revenue visibility and expansion without large fixed investment.
Negative Factors
Material margin compression
Net margins have fallen sharply from prior-cycle highs to single digits, signaling structural pressure on operating profitability. Persistently lower margins constrain reinvestment, reduce return on invested capital and make it harder to restore prior earnings power without mix, pricing, or cost fixes.
Read all positive and negative factors
Positive Factors
Negative Factors
Franchise-driven, asset-light model
Aptech’s blended company-and-franchise center model is asset-light and scalable. Franchise partners expand geographic reach with lower corporate capex, while fees/royalties and local marketing drive repeatable enrollment. This supports durable revenue visibility and expansion without large fixed investment.
Read all positive factors
Aptech Limited (APTECHT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.19B
Dividend Yield4.65%
Average Volume (3M)9.31K
Price to Earnings (P/E)26.0
Beta (1Y)1.37
Revenue Growth9.42%
EPS Growth23.37%
CountryIN
Employees483
SectorServices
Sector StrengthN/A
IndustryEducation & Training Services
Share Statistics
EPS (TTM)3.74
Shares Outstanding58,002,815
10 Day Avg. Volume8,300
30 Day Avg. Volume9,314
Financial Highlights & Ratios
PEG Ratio0.74
Price to Book (P/B)1.64
Price to Sales (P/S)0.81
P/FCF Ratio12.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)7.3
Revenue Forecast (FY)₹5.74B
Aptech Limited Business Overview & Revenue Model
Company Description
Aptech Limited provides learning solutions to individual and enterprise clients in India and internationally. It operates through two segments, Retail and Institutional. The company offers career and skill development programs in beauty and wellne...
How the Company Makes Money
Aptech primarily makes money by delivering training and education programs and monetizing its training-center network. Key revenue streams typically include: (1) course and training fees paid by students for classroom, blended, and/or online progr...
Aptech Limited Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
86
Very Positive
Cash Flow
63
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.84B | 5.03B | 4.60B | 4.37B | 4.57B | 2.26B |
| Gross Profit | 4.09B | 4.21B | 3.90B | 3.60B | 3.91B | 1.71B |
| EBITDA | 429.08M | 315.10M | 289.90M | 413.51M | 895.50M | 520.94M |
| Net Income | 217.06M | 235.24M | 190.79M | 290.42M | 676.87M | 494.37M |
Balance Sheet | ||||||
| Total Assets | 4.12B | 4.28B | 3.90B | 4.09B | 4.81B | 3.11B |
| Cash, Cash Equivalents and Short-Term Investments | 258.35M | 1.34B | 2.11B | 1.10B | 1.60B | 842.63M |
| Total Debt | 136.75M | 125.80M | 67.64M | 84.76M | 69.28M | 1.73M |
| Total Liabilities | 1.74B | 1.79B | 1.39B | 1.49B | 2.25B | 1.01B |
| Stockholders Equity | 2.38B | 2.49B | 2.51B | 2.60B | 2.56B | 2.10B |
Cash Flow | ||||||
| Free Cash Flow | -9.27M | 332.43M | 129.04M | -220.15M | 918.45M | 388.68M |
| Operating Cash Flow | 19.36M | 358.67M | 201.00M | -84.09M | 986.85M | 449.85M |
| Investing Cash Flow | 184.48M | -47.33M | 160.10M | -235.03M | -541.55M | -9.72M |
| Financing Cash Flow | -280.44M | -293.74M | -284.96M | -277.80M | -207.72M | -60.74M |
Aptech Limited Technical Analysis
Positive
92.70
Price Trends
102.15
Positive
91.01
Positive
97.08
Positive
Market Momentum
2.45
Positive
50.19
Neutral
6.58
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:APTECHT, the sentiment is Positive. The current price of 92.7 is below the 20-day moving average (MA) of 108.79, below the 50-day MA of 102.15, and below the 200-day MA of 97.08, indicating a neutral trend. The MACD of 2.45 indicates Positive momentum. The RSI at 50.19 is Neutral, neither overbought nor oversold. The STOCH value of 6.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:APTECHT.
Aptech Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹6.19B | 26.01 | ― | 4.65% | 9.42% | 23.37% | |
64 Neutral | ₹2.81B | 11.18 | ― | ― | 14.11% | 160.36% | |
64 Neutral | ₹22.56B | 18.68 | ― | ― | 9.42% | ― | |
62 Neutral | ₹2.94B | 7.56 | ― | ― | 18.05% | 203.16% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
44 Neutral | ₹2.63B | -10.27 | ― | ― | 51.98% | -130.46% |
* Services Sector Average
IN:APTECHT
Aptech Limited
106.65
-44.63
-29.50%
IN:CLEDUCATE
CL Educate Ltd.
48.51
-45.86
-48.60%
IN:UFO
UFO Moviez India Ltd.
72.49
-1.14
-1.55%
IN:VERANDA
Veranda Learning Solutions Ltd.
234.25
35.25
17.71%
IN:ZEELEARN
Zee Learn Limited
8.98
-0.53
-5.57%
Aptech Limited Corporate Events
Aptech plans compliant investor meet in Mumbai on June 11
Jun 5, 2026
Aptech Limited has scheduled an in-person group meeting with investors and analysts in Mumbai on June 11, 2026, between 3:00 p.m. and 6:00 p.m., to be conducted via its investor relations firm Kaptify Consulting. The company plans to use its previ...
Aptech bags Rs 3.5 crore Central Government training contract
May 26, 2026
Aptech Limited, a leading player in non-formal vocational education with over 747 centers worldwide, offers a broad portfolio spanning IT, media and entertainment, aviation, beauty and wellness, banking and finance, and pre-school education. It ca...
Aptech Closes Trading Window Ahead of FY 2026 Results
Mar 31, 2026
Aptech Limited has announced the closure of its trading window for equity shares for all insiders, designated persons and their immediate relatives from April 1, 2026, until 48 hours after the announcement of its financial results for the quarter ...
Aptech discloses probe into 2022 testing activities, says no material impact
Mar 19, 2026
Aptech Limited has disclosed that officials from an investigative authority visited its premises on March 18, 2026, in connection with testing-related activities conducted in 2022 under its Institutional Business segment, involving a subsidiary an...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.