MAHARASHTRA KNOWLEDGE

780.00

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Description

Company Overview

Maharashtra Knowledge Corporation Limited (MKCL) is a public limited company promoted and established by the Department of Higher and Technical Education, Government of Maharashtra and was incorporated on August 20, 2001 under the Companies Act, 1956. MKCL, designs, develops and deploys state-of-the-art eLearning, eGovernance and eEmpowerment innovations, strategies, models, frameworks, technologies, products, processes, solutions and services at affordable costs for the common people. All of them are comparable to the best globally available options in terms of architecture, price to performance, outreach, customer delight and environmental sensitivity.

With its range of products and services in the field of eLearning, eGovernance and eEmpowerment, MKCL has emerged as a Fast-track IT Enabler / IT Integration Partner / Business Process Re-Engineering Partner and Knowledge Partner of the educational institutions ranging from private organizations, schools to universities as well as of the government, semi- government and community/voluntary organizations and mission mode project organizations.

 

Equity Profile

The Government of Maharashtra and ten public Universities in the State of Maharashtra are among the initial equity holders of MKCL. While the Government of Maharashtra has 37.13% stake, the Universities have 33.91% and autonomous bodies, educational institutions, training centers, social organizations, SMEs, directors, ex-directors, employees, ex-employees and others have remaining 28.96% stake.

 

Performance Overview

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The above chart shows the consolidated revenue of the company from FY18 to FY20.

 

 

 

Profit Before Tax (Rs. Crores)

57.28

FY18?????????????????????????????????????????? FY19?????????????????????????????????????????? FY20

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The above chart shows the Profit Before Tax (PBT) of the company from FY18 to FY20.

 

Profit After Tax (Rs. Crores)

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52.73

FY18?????????????????????????????????????????? FY19?????????????????????????????????????????? FY20

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The above chart shows the Profit After Tax (PAT) of the company from FY18 to FY20.

 

Key Highlights

  • The main reason for the decrease in revenue from FY19 to FY20 is due to COVID-19 pandemic situation resulting in mandatory lockdown being imposed in India from March 23, 2020.
  • The total learners count in March, 2019 was 94,425 leaners and learner count upto March 22, 2020 was around 21,783 learners.
  • The learner count for KLiC courses has increased from 62,664 learners in FY19 to 70,720 learners in
  • The company transferred Rs. 5 crores to general reserves out of profits earned by the company in
  • The board recommended a final dividend of 1 per share for FY20.