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The company operates an online higher education platform. The company offers diploma and certificate programs in digital marketing, product management, android development, data analytics, and entrepreneurship.
Upgrad Education Private Limited, is an unlisted private company incorporated on 11 December, 2012. It is classified as a private limited company and is located in , . It's authorized share capital is INR 1,664.46 cr and the total paid-up capital is INR 499.04 cr.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
* INR 349 for 20+ credits purchase
1 credit = one company dashboard
State | Type | Address |
---|
Designation | Name | DIN/PAN | Tenure |
---|---|---|---|
Director | Rohinton Soli Screwvala
Shareholder
|
00003423 | 11 years |
Director | Vishesh Shrivastav | 02159016 | 4 years |
Managing Director | Mayank Kumar
Shareholder
|
05002534 | 11 years |
Director | Arnoud Cyriel Leo Eugeen De Meyer | 09408470 | 4 years |
Director | Inderbir Singh Dhingra | 03145392 | 4 years |
Additional Director | Chander Prakash Gurnani | 00018234 | 2 years |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Sales | 162.3 | 300.2 | 420.6 | 604.4 | 1,018.0 |
Operating profit | -74.3 | -186.0 | -545.7 | -426.0 | -353.1 |
Net profit | -78.9 | -202.4 | -584.0 | -951.0 | -473.5 |
Gross margin | 80.2 | 71.8 | 62.2 | 64.7 | 99.9 |
Operating margin | -45.8 | -62.0 | -129.8 | -70.5 | -34.7 |
Net margin | -48.5 | -66.8 | -133.3 | -149.7 | -44.2 |
Networth | -111.6 | -306.4 | 109.9 | 566.7 | -88.2 |
Borrowings | 100.0 | 207.9 | 68.8 | 50.7 | 367.4 |
Assets | 67.2 | 123.9 | 901.7 | 1,575.5 | 1,394.4 |
Debt to equity | -0.9 | -0.7 | 0.6 | 0.1 | -4.2 |
Current ratio | 0.3 | 0.1 | 0.4 | 0.5 | 0.3 |
ROE | - | - | -531.5 | -167.8 | - |
Days payable | 389.0 | 184.0 | 598.0 | 366.0 | 93,277.0 |
WC days | -253.0 | -400.0 | -340.0 | -229.0 | -322.0 |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 71.0 | 71.0 | 74.9 | 235.3 | 280.1 |
Reserves | -182.6 | -377.4 | 35.0 | 331.4 | -368.2 |
Borrowings + | 100.0 | 207.9 | 68.8 | 50.7 | 367.4 |
Long term borrowings | 8.5 | 40.0 | - | - | - |
Short term borrowings | 91.5 | 167.9 | 68.8 | 50.7 | 367.4 |
Trade payables + | 34.4 | 42.6 | 260.6 | 214.2 | 374.1 |
Days payable | 389.0 | 184.0 | 598.0 | 366.0 | 93,277.0 |
Other liabilities + | 78.8 | 222.4 | 723.0 | 958.1 | 1,115.2 |
Other non-current liabilities | 1.9 | 0.8 | 98.9 | 315.3 | 251.9 |
Other current liabilities | 42.5 | 179.0 | 363.6 | 428.7 | 489.1 |
Total liabilities | 67.2 | 123.9 | 901.7 | 1,575.5 | 1,394.4 |
Fixed Assets + | 9.1 | 48.0 | 229.9 | 434.2 | 754.7 |
Tangible assets | 8.6 | 8.4 | 4.1 | 3.7 | 214.9 |
CWIP | - | - | 6.1 | 16.5 | - |
Intangible assets | 0.5 | 39.6 | 219.7 | 414.1 | 539.8 |
LT loans and advances | 2.3 | 2.5 | 106.6 | 219.1 | 43.0 |
Other non-current assets | - | 13.2 | 264.1 | 607.2 | 262.7 |
Current assets + | 55.9 | 60.2 | 301.1 | 315.0 | 333.9 |
Inventories | - | - | 0.3 | 0.6 | 0.7 |
Trade receivables | 19.4 | 15.5 | 40.9 | 27.6 | 89.7 |
Cash and cash equivalents | 11.3 | 12.4 | 22.4 | 118.5 | 62.5 |
ST loans and advances | 22.5 | 19.2 | - | - | 1.5 |
Other current assets | 2.7 | 13.0 | 237.4 | 168.3 | 179.5 |
Total assets | 67.2 | 123.9 | 901.7 | 1,575.5 | 1,394.4 |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Sales + | 162.3 | 300.2 | 420.6 | 604.4 | 1,018.0 |
Sales growth % | 90.67 | 84.93 | 40.1 | 43.69 | 68.44 |
Expenses + | 241.5 | 505.3 | 998.3 | 1,095.3 | 1,559.9 |
Cost of goods | 32.2 | 84.5 | 159.1 | 213.5 | 1.5 |
Employee cost | 89.9 | 156.8 | 283.9 | 389.1 | 613.5 |
Other costs | 114.6 | 244.9 | 523.3 | 427.8 | 756.0 |
Operating profit + | -74.3 | -186.0 | -545.7 | -426.0 | -353.1 |
Operating margin % | -45.8 | -62.0 | -129.8 | -70.5 | -34.7 |
Other income | 0.2 | 2.7 | 17.4 | 31.0 | 53.6 |
Interest | 2.5 | 12.3 | 4.2 | 15.6 | 51.9 |
Depreciation | 2.3 | 6.7 | 27.9 | 49.3 | 137.0 |
Exceptional items | - | - | -23.6 | -491.1 | - |
Profit before tax | -78.9 | -202.4 | -584.0 | -951.0 | -488.4 |
Tax | - | - | - | - | -14.9 |
Profit - disc. ops | - | - | - | - | - |
Net profit | -78.9 | -202.4 | -584.0 | -951.0 | -473.5 |
Net margin % | -48.5 | -66.8 | -133.3 | -149.7 | -44.2 |
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Solvency + | |||||
Total Debt/Equity | -0.9 | -0.7 | 0.6 | 0.1 | -4.2 |
Net Debt/Equity | -0.8 | -0.6 | 0.4 | 0.0 | -3.5 |
Total Debt/Assets | 1.5 | 1.7 | 0.1 | 0.0 | 0.3 |
Total Assets/Equity | -0.6 | -0.4 | 8.2 | 2.8 | -15.8 |
Liquidity + | |||||
Current Ratio | 0.3 | 0.1 | 0.4 | 0.5 | 0.3 |
Quick Ratio | 0.3 | 0.1 | 0.4 | 0.5 | 0.3 |
Interest Coverage | -29.6 | -15.1 | -131.2 | -27.3 | -6.8 |
Performance | |||||
Gross Margin | 80.2 | 71.8 | 62.2 | 64.7 | 99.9 |
Operating Margin | -45.8 | -62.0 | -129.8 | -70.5 | -34.7 |
Net Margin | -48.5 | -66.8 | -133.3 | -149.7 | -44.2 |
Return + | |||||
Return on Equity | - | - | -531.5 | -167.8 | - |
Pre-tax ROCE | 74.1 | 68.5 | 354.1 | -854.2 | 345.1 |
Return on Assets | -117.4 | -163.3 | -64.8 | -60.4 | -34.0 |
Pre-tax ROIC | 333.8 | 173.9 | -367.0 | -83.9 | -226.2 |
Efficiency + | |||||
Days Payable | 389.0 | 184.0 | 598.0 | 366.0 | 93,277.0 |
Days Inventory | 0.0 | 0.0 | 1.0 | 1.0 | 185.0 |
Days Receivable | 44.0 | 19.0 | 36.0 | 17.0 | 32.0 |
Fixed Asset Turnover | 17.9 | 6.2 | 1.8 | 1.4 | 1.4 |
Total Asset Turnover | 2.4 | 2.4 | 0.5 | 0.4 | 0.7 |
Working Capital | |||||
Cash Conversion Cycle | -345.0 | -165.0 | -561.0 | -348.0 | -93,060.0 |
Working Capital Days | -253.0 | -400.0 | -340.0 | -229.0 | -322.0 |
IDBI Trusteeship Services Limited
No. of Loans: 1
Total Amount : 250.0 cr
Kotak Mahindra Bank Limited
No. of Loans: 3
Total Amount : 105.5 cr
The Hongkong and Shanghai Banking Corporation Limited
No. of Loans: 1
Total Amount : 100.0 cr
HDFC Bank Limited
No. of Loans: 6
Total Amount : 20.7 cr
Name | State / Country | Incorporation Year | Paidup Capital |
---|---|---|---|
Upgrad Edtech UK Limited | United Kingdom | - | - |
Upgrad Tech PTE Limited | Singapore | - | - |
Upgrad Inc. | United States | - | - |
Zeolearn LLC | United States | - | - |
Knowledgehut Solutions Pty Ltd | Australia | - | - |
Knowledgehut Inc. | United States | - | - |
upGrad Canada Inc | Canada | - | - |
Knowledgehut Solutions Pte Ltd | Singapore | - | - |
Transcube Consulting GMBH | Germany | - | - |
Transcube Consulting DMCC | United Arab Emirates | - | - |
Upgrad Institute Pte Ltd | Singapore | - | - |
UPGRAD FOUNDATION | Maharashtra | 2022 | ₹ 10.0 L |
TRANSFORMING HIGHER EDUCATION GATE ACADEMY PRIVATE LIMITED | Maharashtra | 2011 | ₹ 5.7 L |
FUTURE TECHNOLOGY SKILLS FOUNDATION | Maharashtra | 2021 | ₹ 1.0 L |
GSP EDUCATION SERVICES PRIVATE LIMITED | India | - | - |
CENTUM WORKSKILLS INDIA LIMITED | Maharashtra | 2010 | ₹ 21.6 Cr |
Centum Learning Nigeria Limited | Nigeria | - | - |
PT. Upgrad Teknologi | Indonesia | - | - |
upGrad Tech LLC Vietnam | Viet Nam | - | - |
Global Study Partners Holdings Pty Ltd | Australia | - | - |
upGrad Canada Inc (formerly known as Knowledgehut Canada Inc) | Canada | - | - |
Centum Learning Nigeria Limited | Nigeria | - | - |
PT. Upgrad Teknologi (Indonesia) | Indonesia | - | - |
Upgrad Institute Pte Ltd (formerly known as Zespiron School Pte Ltd) | Singapore | - | - |
Upgrad Tech LLC | Viet Nam | - | - |
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The incorporation date of UPGRAD EDUCATION PRIVATE LIMITED is 11 December, 2012
The authorized share capital of UPGRAD EDUCATION PRIVATE LIMITED is INR ₹ 1,664.5 Cr.
The paid-up capital of UPGRAD EDUCATION PRIVATE LIMITED is INR ₹ 499.0 Cr.
The registered address of UPGRAD EDUCATION PRIVATE LIMITED is 3rd Floor CTS-796-A, Fleet Building, Vlg. MA, Opp. Marol Fire Station, Sir M.V. Road, Marol, Andheri (East), Marol Naka, Mumbai, Mumbai, Maharashtra, India, 400059 - 400059
The CIN number of UPGRAD EDUCATION PRIVATE LIMITED is U80902MH2012PTC258559.