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UPGRAD EDUCATION PRIVATE LIMITED

Active
Updated: 03 Dec 2025

UpGrad Education Private Limited is a leading online higher education company that focuses on providing access to affordable and quality education at a global scale. It offers various postgraduate programs, executive education, and skill development courses in collaboration with top universities and industrys, enabling learners to upskill and advance their careers effectively.

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 , Maharashtra. 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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Subscription Plans
Industry and products
Education
  • Online learning and certification courses
Company size
Auth Capital
₹ 1,664.5 Cr
Paidup Capital
₹ 499.0 Cr
Revenue
₹ 1000-1250 cr
# Key metrics of Upgrad Education - All rupee values in INR crores. Based on March 2025 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 1,664.5 Cr | | | Paidup Capital | ₹ 499.0 Cr | | | Revenue | ₹ 1000-1250 cr | | | Total Revenue | ₹1,119.6 | 4.48% | | EBITDA | ₹-146.7 | None% | | Net Profit | ₹-333.2 | None% | | Networth | ₹0.2 | None% | | Borrowings | ₹318.6 | -13.28% | | Assets | ₹1,308.3 | -6.17% | | Gross Margin | 99.9% | 0.06 | | Operating Margin | -13.7% | 21.03 | | Net Profit Margin | -29.8% | 14.42 | | Return on Equity | -137,139.9% | None | | ROCE | -442.0% | -787.18 | | Debt to Equity | 1,311.0 | 1315.22 |
Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue
4.48%
₹ 1,119.6
EBITDA
-
₹ -146.7
Net Profit
-
₹ -333.2
Networth
-
₹ 0.2
Borrowings
-13.28%
₹ 318.6
Assets
-6.17%
₹ 1,308.3
Gross Margin
0.06
99.9 %
Operating Margin
21.03
-13.7 %
Net Profit Margin
14.42
-29.8 %
Return on Equity
-
-137,139.9 %
ROCE
-787.18
-442.0 %
Debt to Equity
1315.22
1,311.0
Sales
Mar 2025
Net worth
Mar 2025

Locations

indian flag India (11)
State Type Address

location icon Locations on Map

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People

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

Financial Highlights

** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales 300.2 420.6 604.4 1,018.0 1,074.5
Operating profit -186.0 -545.7 -426.0 -353.1 -146.7
Net profit -202.4 -584.0 -951.0 -473.5 -333.2
Gross margin 71.8 62.2 64.7 99.9 99.9
Operating margin -62.0 -129.8 -70.5 -34.7 -13.7
Net margin -66.8 -133.3 -149.7 -44.2 -29.8
Networth -306.4 109.9 566.7 -88.2 0.2
Borrowings 207.9 68.8 50.7 367.4 318.6
Assets 123.9 901.7 1,575.5 1,394.4 1,308.3
Debt to equity -0.7 0.6 0.1 -4.2 1,311.0
Current ratio 0.1 0.4 0.5 0.3 0.3
ROE - -531.5 -167.8 - -137,139.9
Days payable 184.0 598.0 366.0 93,277.0 133,017.0
WC days -400.0 -340.0 -229.0 -322.0 -223.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 71.0 74.9 235.3 280.1 280.6
Reserves -377.4 35.0 331.4 -368.2 -280.3
Borrowings + 207.9 68.8 50.7 367.4 318.6
Long term borrowings 40.0 - - - 71.8
Short term borrowings 167.9 68.8 50.7 367.4 246.8
Trade payables + 42.6 260.6 214.2 374.1 304.3
Days payable 184.0 598.0 366.0 93,277.0 133,017.0
Other liabilities + 222.4 723.0 958.1 1,115.2 989.5
Other non-current liabilities 0.8 98.9 315.3 251.9 243.0
Other current liabilities 179.0 363.6 428.7 489.1 442.2
Total liabilities 123.9 901.7 1,575.5 1,394.4 1,308.3
Fixed Assets + 48.0 229.9 434.2 754.7 716.2
Tangible assets 8.4 4.1 3.7 214.9 234.1
CWIP - 6.1 16.5 - -
Intangible assets 39.6 219.7 414.1 539.8 482.1
LT loans and advances 2.5 106.6 219.1 43.0 2.6
Other non-current assets 13.2 264.1 607.2 262.7 253.5
Current assets + 60.2 301.1 315.0 333.9 336.0
Inventories - 0.3 0.6 0.7 0.2
Trade receivables 15.5 40.9 27.6 89.7 106.2
Cash and cash equivalents 12.4 22.4 118.5 62.5 59.7
ST loans and advances 19.2 - - 1.5 0.1
Other current assets 13.0 237.4 168.3 179.5 169.8
Total assets 123.9 901.7 1,575.5 1,394.4 1,308.3
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales + 300.2 420.6 604.4 1,018.0 1,074.5
Sales growth % 84.93 40.1 43.69 68.44 5.56
Expenses + 505.3 998.3 1,095.3 1,559.9 1,423.5
Cost of goods 84.5 159.1 213.5 1.5 0.8
Employee cost 156.8 283.9 389.1 613.5 592.3
Other costs 244.9 523.3 427.8 756.0 628.1
Operating profit + -186.0 -545.7 -426.0 -353.1 -146.7
Operating margin % -62.0 -129.8 -70.5 -34.7 -13.7
Other income 2.7 17.4 31.0 53.6 45.1
Interest 12.3 4.2 15.6 51.9 88.7
Depreciation 6.7 27.9 49.3 137.0 113.6
Exceptional items - -23.6 -491.1 - -38.6
Profit before tax -202.4 -584.0 -951.0 -488.4 -342.5
Tax - - - -14.9 -9.2
Profit - disc. ops - - - - -
Net profit -202.4 -584.0 -951.0 -473.5 -333.2
Net margin % -66.8 -133.3 -149.7 -44.2 -29.8
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Solvency +
Total Debt/Equity -0.7 0.6 0.1 -4.2 1,311.0
Net Debt/Equity -0.6 0.4 0.0 -3.5 1,065.6
Total Debt/Assets 1.7 0.1 0.0 0.3 0.2
Total Assets/Equity -0.4 8.2 2.8 -15.8 5,383.9
Liquidity +
Current Ratio 0.1 0.4 0.5 0.3 0.3
Quick Ratio 0.1 0.4 0.5 0.3 0.3
Interest Coverage -15.1 -131.2 -27.3 -6.8 -1.6
Performance
Gross Margin 71.8 62.2 64.7 99.9 99.9
Operating Margin -62.0 -129.8 -70.5 -34.7 -13.7
Net Margin -66.8 -133.3 -149.7 -44.2 -29.8
Return +
Return on Equity - -531.5 -167.8 - -137,139.9
Pre-tax ROCE 68.5 354.1 -854.2 345.1 -442.0
Return on Assets -163.3 -64.8 -60.4 -34.0 -25.5
Pre-tax ROIC 173.9 -367.0 -83.9 -226.2 -100.4
Efficiency +
Days Payable 184.0 598.0 366.0 93,277.0 133,017.0
Days Inventory 0.0 1.0 1.0 185.0 100.0
Days Receivable 19.0 36.0 17.0 32.0 36.0
Fixed Asset Turnover 6.2 1.8 1.4 1.4 1.5
Total Asset Turnover 2.4 0.5 0.4 0.7 0.8
Working Capital
Cash Conversion Cycle -165.0 -561.0 -348.0 -93,060.0 -132,881.0
Working Capital Days -400.0 -340.0 -229.0 -322.0 -223.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

IDBI Trusteeship Services Limited

No. of Loans: 1

Total Amount : 250.0 cr

2

Kotak Mahindra Bank Limited

No. of Loans: 3

Total Amount : 105.5 cr

3

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 1

Total Amount : 100.0 cr

4

HDFC Bank Limited

No. of Loans: 6

Total Amount : 20.7 cr

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Charges

IDBI Trusteeship Services Limited
Kotak Mahindra Bank Limited
The Hongkong and Shanghai Banking Corporation Limited
HDFC Bank Limited

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
SWADES FOUNDATION
Active
1.0 L 1 Maharashtra
UNITED ENTERTAINMENT SOLUTIONS LIMITED
Amalgamated
1.0 Cr 1 Maharashtra
UPGRAD FOUNDATION
Active
10.0 L 2 Maharashtra
UNILAZER ALTERNATIVE VENTURES LLP
Active
84.0 Cr 1 Maharashtra
THE SKY IS PINK PRODUCTIONS LLP
Active
1.0 L 1 Maharashtra
UVPL POETIC LICENSE DEVELOPMENT LLP
Active
50,000.0 1 Maharashtra
UNISPORTS AND MANAGEMENT PRIVATE LIMITED
Active
3.6 Cr 1 Maharashtra
SATYAM COMPUTER SERVICES LTD
Amalgamated
235.5 Cr 1 Telangana
IPOLICY NETWORKS LIMITED
Amalgamated
19.5 Cr 1 Delhi
H S MANGALAM REALTORS PRIVATE LIMITED
Strike Off
0.0 1 Maharashtra
TECH MAHINDRA ( R & D SERVICES) LIMITED
Amalgamated
4.6 Cr 1 Karnataka
AIC MAHINDRA E-HUB FOUNDATION
Active
1.0 L 1 Telangana
MAHINDRA EDUCATIONAL INSTITUTIONS
Active
1.0 L 1
MAHINDRA HOLIDAYS & RESORTS INDIA LIMITED
Active
202.0 Cr 1 Maharashtra
GRO GREEN RENEWABLES PRIVATE LIMITED
Active
1.0 L 1 Haryana
VIONIX BIOSCIENCES PRIVATE LIMITED
Active
1.0 L 1 Delhi
AIONOS INDIA PRIVATE LIMITED
Active
236.1 Cr 1 Delhi
GILLETTE INDIA LIMITED
Active
32.6 Cr 1 Maharashtra
FIVEX CAPITAL ADVISORY PRIVATE LIMITED
Strike Off
1.0 L 1 Delhi
CUREFIT HEALTHCARE PRIVATE LIMITED
Active
1,232.2 Cr 1 Karnataka
ALGONOMY SOFTWARE PRIVATE LIMITED
Active
27.9 Cr 1 Karnataka
TEMASEK HOLDINGS ADVISORS INDIA PRIVATE LIMITED
Active
2.2 Cr 1 Maharashtra
DELIGHTFUL GOURMET PRIVATE LIMITED
Active
110.6 Cr 2 Karnataka
CUREFIT HEALTHCARE PRIVATE LIMITED
Active
1,249.0 Cr 1 Tamil Nadu
UPGRAD COLLEGE OF TECHNOLOGY AND MANAGEMENT PRIVATE LIMITED
Amalgamated
16.2 Cr 1 Maharashtra
REKRUT INDIA PRIVATE LIMITED
Amalgamated
2.7 L 1
CADE FOUNDATION
Active
1.0 L 1
BORDERPLUS CAREERS TECHNOLOGIES PRIVATE LIMITED
Active
2.5 Cr 1 Maharashtra
CENTUM LEARNING LIMITED
Amalgamated
1.8 Cr 1 Maharashtra
KNOWLEDGEHUT SOLUTIONS PRIVATE LIMITED
Amalgamated
1.6 L 1 Maharashtra

Subsidiary Companies

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 - -

Tofler Score

Good
score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • HIGH LEVERAGE
  • LOSS MAKING
  • RECEIVABLES DETERIORATING
  • PAYABLES DETERIORATING
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Simplilearn Solutions Private Limited Karnataka

Peers

Registered Details

CIN

U80902MH2012PTC258559

PAN

AAECD4879M

Incorporation

2012, 13.0 years

Company Email

cs[at]upgrad[dot]com

Paid up Capital

₹ 499.0 Cr

Authorised Capital

₹ 1,664.5 Cr

AGM

Oct 2025

Type

Private
Others

FAQ - UPGRAD EDUCATION PRIVATE LIMITED

What is the incorporation date of UPGRAD EDUCATION PRIVATE LIMITED?

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The incorporation date of UPGRAD EDUCATION PRIVATE LIMITED is 11 December, 2012

What is the authorized share capital of UPGRAD EDUCATION PRIVATE LIMITED?

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The authorized share capital of UPGRAD EDUCATION PRIVATE LIMITED is INR ₹ 1,664.5 Cr.

What is the paid-up capital of UPGRAD EDUCATION PRIVATE LIMITED?

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The paid-up capital of UPGRAD EDUCATION PRIVATE LIMITED is INR ₹ 499.0 Cr.

What is the registered address of UPGRAD EDUCATION PRIVATE LIMITED?

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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

What is the CIN number of UPGRAD EDUCATION PRIVATE LIMITED?

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The CIN number of UPGRAD EDUCATION PRIVATE LIMITED is U80902MH2012PTC258559.

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