Education Sector Stock: Company Receives Order Worth Rs 2,26,00,000 From Central Government Body

The company has a market cap of over Rs 800 crore and has been maintaining a healthy dividend payout of 56 per cent with debtor days have improved from 67.6 to 39.7 days.

Aptech Ltd has received a work order from a Central Government Body to conduct Computer-Based Tests, signifying a domestic contract valued at approximately Rs 2.26 crore; the terms of the contract stipulate that Aptech will perform the services as outlined in the schedule to the client's satisfaction, with payment to be made upon satisfactory completion, and the entire examination process is to be executed within a three-month timeframe, as further detailed in the specific terms and conditions, statement of work, deliverables, service level agreement, and payment terms of the awarded contract.

Aptech Ltd., established in 1986, stands as a pioneering vocational training institution with a substantial global footprint encompassing over 800 centres, demonstrating its successful diversification into sectors such as IT, media and entertainment, retail and aviation, beauty and wellness, banking and finance, and preschool education. Operating through two primary business streams—Individual Training, which delivers career and professional training via brands like Arena Animation, MAAC, Lakmé Academy powered by Aptech, Aptech Learning, Aptech Aviation Academy, and Aptech International Preschool, and Enterprise Business Group, offering training and assessment solutions for corporates and institutions—Aptech also extends its reach through the online platform ProAlley, specializing in graphic design, animation, VFX, and game design training.

According to the financials, the company reported excellent numbers in its quarterly and annual results. The stock has an ROE of 13 per cent and an ROCE of 19 per cent. The company has a market cap of over Rs 800 crore and has been maintaining a healthy dividend payout of 56 per cent with debtor days have improved from 67.6 to 39.7 days.

Disclaimer: The article is for informational purposes only and not investment advice.