Contact:
919899131155
| Market Cap: | Book Value: | ||
|---|---|---|---|
| Lot Size: | 52 Week High: | ||
| 52 Week Low: | EPS: | ||
| Demat Account: | PB: | ||
| Face Value: | Debt To Equity: | ||
| No Of Shares: | Url: |
Overview :
Maharashtra Knowledge Corporation Limited (MKCL) was promoted by the Department of Higher and Technical Education (H & TE), Government of Maharashtra (GoM), India and was incorporated under the Companies Act, 1956.
MKCL commenced its business operations in April 2002 over the entire state of Maharashtra ( the most industrialized state in India admeasuring about 300,000 sq. km. and having the population exceeding 100 million) and in a span of seventeen years it has emerged as a high-tech and high-touch initiative focused on design, development, and delivery of innovative eLearning, eGovernance, and empowerment technologies, solutions, and services to its ever-growing base of millions of customers in public at large, Universities, Governments, and Communities.
In order to make the capabilities of MKCL available to all the departments of Government of Maharashtra, governmental coordination of the affairs of the company has been handed over from January 05, 2018, to the General Administration Department (GAD) from Department of Higher & Technical Education. Subsequently, it was allocated to the Directorate of Information Technology under GAD.
Maharashtra Knowledge Corporation (MKCL) Limited Unlisted Shares Details:
| Total Available Shares: | 1,000 |
| Face Value: | ₹ 10 Per Equity Share |
| ISIN: | INE03KR01016 |
| Lot Size: | 100 Shares |
| Current Unlisted Share Price: | ₹ Best In Industry Per Equity Share |
Promoters And Management:
The government of Maharastra is the promoter of the company.
Shareholding Pattern:
Top 10 Shareholders as on 31.03.2020
| Name | No. of Shares | % of Total Shares |
| Dr. Babasaheb Ambedkar Marathwada University, Aurangabad | 3,70,000 | 4.58 |
| Savitribai Phule Pune University | 3,70,000 | 4.58 |
| University of Mumbai | 3,70,000 | 4.58 |
| Sant Gadgebaba Amravati University, Amravati | 3,70,000 | 4.58 |
| Rashtrasant Tukadoji Maharaj Nagpur University | 3,70,000 | 4.58 |
| Shivaji University, Kolhapur | 3,10,000 | 3.84 |
| Yahswantrao Chavan Maharashtra Open University | 1,85,000 | 2.29 |
| Swami Ramanand Teerth Marathwada University, Nanded | 1,85,000 | 2.29 |
| North Maharashtra University, Jalgaon | 1,85,000 | 2.29 |
| Secretary, Maharashtra State Board of Technical Education | 1,85,000 | 2.29 |
| Mehmooda Shikshan & Mahila Gramin Bahuuddeshiya Sanstha | 1,85,000 | 2.29 |
Financials of Maharashtra Knowledge Corporation (MKCL) Limited Unlisted Shares:
(Fig. in Lakhs)
| Year | Revenue | EBITDA | OPM | PAT | NPM | Shares | F.V. | EPS | NW | RONW |
| 2016 | 16195 | 5019 | 31% | 3122 | 19% | 80.80 | 10 | 38 | 22,262 | 14% |
| 2017 | 14394 | 3914 | 27% | 2612 | 18% | 80.80 | 10 | 32 | 24,679 | 11% |
| 2018 | 17663 | 4845 | 27% | 3282 | 19% | 80.80 | 10 | 40 | 28,226 | 12% |
| 2019 | 19007 | 6291 | 33% | 4507 | 24% | 80.80 | 10 | 55 | 32,487 | 14% |
| 2020 | 20076 | 7319 | 36% | 6797 | 33% | 80.80 | 10 | 65 | 39042 | 17% |
FY18-19 Highlights:
(i) Total revenues for the year ended March 31, 2019, amounted to Rs.19,007.16 Lakhs as against Rs.17,663.44 Lakhs for the corresponding previous year, the increase in total revenues is Rs.1,343.72 Lakhs i.e. 7.61% over last year. There is an increase in turnover from MS-CIT as compared to the previous FY’s turnover. MSCIT is an Information Technology (IT) literacy course started by MKCL in the year 2001. The MS-CIT learners count in FY 2018-19 was 746707 as against 724348 for FY 2017-18 which is an increase by 22359 learners i.e a 3.09% increase as compared to the previous FY.
Another reason for the increase in total revenue and profits was due to revenue from the Mission Mode Skill Development Program (MMSDP) of Rs.3228.13 Lakhs as against Rs.2787.72 Lakhs for the previous FY 2017-18 which is an increase of Rs.440.41 Lakhs I .e.15.80% higher than the previous year.
(ii) The Profits after tax and before OCI for the year ended March 31, 2019, amounted to Rs.4506.82 Lakhs as against Rs.3281.51 Lakhs for the previous Financial Year (FY), which is an increase of Rs.1225.31 Lakhs i.e. 37.33% higher than the previous Financial year.
(iii) The company has recommended a final dividend @ Rs.3/- per equity share of Rs.10/- each.
(iv) The company is debt-free.
Financial Highlights FY19-20
1. Revenue from operations for the F.Y.2019-20 is Rs.15,790.37 Lakhs as against Rs.16,442.12 Lakhs in the previous F.Y.2018-19 i.e. decrease by Rs.651.75 Lakhs. The main reason for the decrease in revenue is due to the COVID-19 pandemic situation resulting in mandatory Lockdown being imposed in India from March 23, 2020. Hence, all the Authorised Learning Centers were closed. As a result of the Lockdown, there were no MS-CIT admissions for March 2020 batch.
2. The Learner count for KLiC courses has increased from 62,664 learners in F.Y.2018-19 to 70,720 Learners in F.Y.2019-20 i.e. increase by 8056 learners which is 12.86% increase as compared to previous F.Y.
3. Revenue from Mission Mode Skill Development Program (MMSDP) of Rs.3,317.28 Lakhs in F.Y. 2019-20 as against Rs.3,228.13 Lakhs for the previous F.Y. 2018-19 which is an increase of Rs.89.15 Lakhs i.e. 2.76% higher than the previous year. The number of learners under Kushal Yuva Program of Bihar, under skill development in F.Y. 2019-20 was 387407 as against 363254 in the previous F.Y. 2018-19 i.e. increase by 24153 i.e. 6.65% over last year.
4. The company is debt-free.
Valuation: CMP of MKCL = 300 No. of shares outstanding = 80 Lakh Mcap = 240 Crores Mcap/Revenue = 1.2x (undervalued) P/E = 5x ( Highly undervalued)
Company Address:
ICC Trade Tower, 'A' Wing, 5th Floor, Senapati Bapat Road, Shivajinagar, Pune 411 016, Maharashtra, India. Phone: +91 20 4011 4500 / 501 | +91 20 2563 0302 Email: mkcl@mkcl.org
Net Sales (in cr.)
Total Income (in cr.)
Operating Profit (in cr.)
Net Profit (in cr.)
Shareholder Funds (in cr.)
Total Assets (in cr.)
News
Financial Docs
| Type | Date/Period | Download |
|---|
Frequently Ask Question