Aptech Limited has secured a significant work order from an autonomous body under a state government to provide OMR-based testing services. The company disclosed this material development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on December 24, 2025.

Contract Details and Scope

The work order encompasses conducting OMR-based tests for the government entity. The contract framework includes comprehensive terms covering multiple operational aspects:

The agreement establishes specific terms and conditions, statement of work, respective deliverables, service level agreements, and payment terms. This structured approach ensures clear operational guidelines and performance metrics for the testing services.

Company Background and Business Segments

Aptech Limited operates as a pioneer in non-formal vocational training with significant global presence. Since its establishment in 1986, the company has expanded to over 1,000 centers globally, serving diverse sectors including IT training, media entertainment, retail aviation, beauty wellness, banking finance, and pre-school education.

The company operates through two main business streams:

Individual Training Division

• Arena Animation: Creative and animation training
• Maya Academy of Advanced Creativity (MAAC): Advanced creative education
• Lakme Academy powered by Aptech: Beauty and wellness training
• Aptech Learning: General IT and professional courses
• Aptech Aviation Academy: Aviation sector training
• Aptech International Preschool: Early childhood education

Enterprise Business Group

• Aptech Training Solutions: Corporate training services
• Aptech Assessment Testing Solutions: Professional assessment services
• ProAlley: Online training in graphic design, animation, VFX, and game design

Strategic Implications

This government contract reinforces Aptech's position in the assessment and testing solutions segment. The OMR-based testing service aligns with the company's enterprise business strategy, complementing its existing assessment testing solutions portfolio. The engagement with a state government autonomous body demonstrates the company's capability to handle large-scale testing operations and government partnerships.

The contract represents an expansion of Aptech's service offerings beyond traditional training into specialized testing and assessment services for government entities. With examinations scheduled to begin in February 2026, the company has time for preparation and resource allocation to ensure successful contract execution.

Aptech Limited , a leading education and training company, has released its financial results for the quarter and half year ended September 30, 2025. The company reported a mixed set of results, with improvements in some areas and challenges in others.

Financial Highlights

Balance Sheet

Cash Flow and Dividends

• Consolidated cash flows from operating activities generated ₹193.59 lakhs.
• Standalone operations used ₹23.73 lakhs in operating activities.
• The company paid dividends of ₹2,609.99 lakhs during the period.

Operational Overview

The increase in total assets and trade receivables suggests potential growth in the company's operations. However, the decrease in cash and cash equivalents indicates that the company may have invested in growth initiatives or faced some cash flow challenges.

The significant increase in trade receivables could be a point of concern, as it may indicate slower collection of payments from customers. This could potentially impact the company's working capital if not managed effectively.

Subsidiary Operations

The results include the performance of Aptech's subsidiaries located in India and overseas. This global presence continues to be a key aspect of the company's business model, potentially providing diversification benefits.

Audit and Compliance

The financial results were reviewed by the company's auditors, Bansi S. Mehta & Co. The board's approval of these unaudited financial results demonstrates Aptech's commitment to transparency and regulatory compliance.

Outlook

While Aptech has shown some positive indicators in terms of asset growth, the company faces challenges in cash management and receivables collection. The company's ability to convert its increased trade receivables into cash and manage its working capital effectively will be crucial for its performance in the coming quarters.