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Business Type

Emerging Leader

  • Maharashtra Knowledge of Corporation Unlisted Shares Essentials

Discover and get info on MAHARASHTRA KNOWLEDGE CORPORATION LTD before buying, selling & investing - Read our Research report on MAHARASHTRA KNOWLEDGE CORPORATION LTD.



Face Value


Total Share


Total Income

₹181.37 Cr

Profit After Tax

₹35.98 Cr




Consumer Discretionary


Education Services

Cashflow - Operations

₹8.75 Cr

Cashflow - Financing

-₹4.12 Cr

Maharashtra Knowledge of Corporation Growth

Compounded Sales Growth

  • -3.52%

    1 Year

  • -0.05%

    2 Year

  • 7.13%

    3 Year

Pro Only

Compounded Profit Growth

  • -31.77%

    1 Year

  • -13.73%

    2 Year

  • -1.11%

    3 Year

Pro Only

Return On Equity

  • 8.67%

    1 Year

  • 13.45%

    2 Year

  • 14.51%

    3 Year

Pro Only

About Maharashtra Knowledge of Corporation

  • Maharashtra Knowledge Corporation Limited,(MKCL), is an organization promoted by Department of Higher and Technical Education (H & TE), Government of Maharashtra (GoM), India and was incorporated under the Companies Act, 1956.
  • MKCL has its headquarter in Pune ,Maharashtra. 
  • In FY2020 , the management declared final dividend of ₹1 per share ,with a dividend yield of 0.002% 
  • MKCL's Channel Partner Network comprises of its Authorized Learning Centers (ALCs). These ALCs have been established by small and medium IT entrepreneurs and educational enterprises spread over all areas of the state of Maharashtra (Western India) including metropolitan, urban, semi-urban, rural, tribal and hilly regions. 
  • MKCL commenced its business operations in April 2002 over the entire state of Maharashtra (the most industrialized state in India admeasuring about 3,00,000 sq. km. and having the population exceeding 10 Cr.) 
  • 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 eEmpowerment technologies, solutions and services to its ever-growing base of millions of customers in public at large, Universities, Governments, and Communities. 
  • The Government of Maharashtra (GoM), ten Universities in the state, Educational Institutions, Community Institutions, IT and non-IT industries etc are among the initial major equity holders 

  • Maharashtra Knowledge of Corporation Subsidiaries


  • MKCL Knowledge Foundation

Joint Venture:

  • Odisha Knowledge Corporation Limited
  • Haryana Knowledge Corporation Limited
  • MKCL Arabia Limited

  • Maharashtra Knowledge of Corporation Product & Services

Enabling Programs: 

  • Corporate Management Program (CMP) 
  • IT Infrastructure Development and Management Program (IT Infra-DMP) 
  • Customer Relationship Management Program (CRMP)
  • Learning Innovations Program (LIP) 
  • Educational Transformation Program (ETP) 
  • Artistic Creations Program (ACP) 
  • Network Partnerships Management Program (NP-MP) 

Business Development Programs: 

  • Knowledge Lit Skills Development Program (KLSDP) 
  • Knowledge Lit Careers Development Program (KLCDP) 
  • Mission-Mode Skill Development Program (MMSDP) 
  • Digital University Business Development Program (DU-BDP) 
  • eGovernance Business Development Program (eGov-BDP) 
  • International Business Development Program (I-BDP) 
  • Products in New Exponential Technologies Business Development Program (ProNExT) 
  • Maharashtra Knowledge of Corporation Industry Overview

Industry Statistics

  • India holds an important place in the global education industry. India has one of the largest networks of higher education institutions in the world. However, there is still a lot of potential for further development in the education system.
  • With 26.3% of India’s population in the age group of 0-14 years, India’s education sector provides numerous opportunities for growth.

Future Prospects

  • India has the world’s largest population of about 50 Cr. in the age bracket of 5-24 years, which provides a great opportunity for the education sector. The education sector in India was estimated at INR 6.7 Lakh Cr. in FY18 and is expected to reach 7.4 lakh Cr. in FY19.
  • Number of colleges in India reached 39,931 in FY19. Number of universities in India reached 967 in FY21 (until December 2020). India had approx. 4 Cr. students enrolled in higher education in FY19. Gross Enrolment Ratio in higher education reached 26.3% in FY19.
  • In 2020-21, there were 9,700 total AICTE approved institutes. Of the total, there were 4,100 undergraduate, 4,951 postgraduate and 4,514 diploma courses in AICTE approved institutes. According to the National Institutional Ranking Framework, 7 positions were bagged by prominent Indian Institutes of Technology out of the top 10 institution rankings in 2020.
  • The country has become the second largest market for E-learning after the US. The sector is expected to reach INR 14,308 Cr. by 2021 with around 1 Cr. users In India, the online education market is forecasted to reach INR 84680 Cr. by 2026.

Government Initiatives

  • In April 2021, India along with Bangladesh, Brazil, China, Egypt, Indonesia, Mexico, Nigeria and Pakistan joined the United Nation’s E9 initiative. E9 initiative is the first of a three-phased process to co-create an initiative on digital learning and skills, targeting marginalized children and youth, especially girls.
  • According to Union Budget 2021-22, the government allocated INR 54,873 Cr. for Department of School Education and Literacy, compared with INR 59,845 Cr. in Union Budget 2020-21.
  • The government allocated an expenditure budget of INR 38,350.65 Cr. for higher education and INR 54,873 Cr. for school education and literacy. The government also allocated INR 3,000 Cr. under Rashtriya Uchchatar Shiksha Abhiyan (RUSA).
  • Under the Union Budget 2021-22, the government has placed major emphasis on strengthening the country’s digital infrastructure for education by setting up the National Digital Educational Architecture (NDEAR).
  • On January 15, 2021, the third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) was launched in 600 districts with 300+ skill courses. 
  • In December 2020, the Ministry of Skill Development and Entrepreneurship, in collaboration with the Tata Indian Institute of Skills, launched two short-term courses in factory automation.

Maharashtra Knowledge of Corporation Strengths

  • There is a stable growth in revenue over the period has grown at 3-year CAGR of 10.1%.
  • Operating profit has grown at 3 Year CAGR of 8.8%.
  • Company’s cash from operations has increased 162.8% in FY20.
  • Company has strong solvency position with debt-to-equity ratio of 0.4x and interest coverage ratio 98.6x 
  • Company has strong profit margins. 

Maharashtra Knowledge of Corporation Shortcomings

  • The company’s profit after tax has been decreasing at 2-year CAGR of 13.1%.

Maharashtra Knowledge of Corporation Opportunities

  • India has the world’s largest population of about 50 Cr. in the age bracket of 5-24 years, which provides a great opportunity for the education sector
  • The country has become the second largest market for E-learning after the US. The sector is expected to reach INR 14,308 Cr. by 2021 with around 1 Cr. users. In India, the online education market is forecasted to reach INR 84,680 Cr. by 2026.
  • As the pandemic continues, online education and training has become a large opportunity point in the country, the scenario provides company with an opportunity develop products specific to serve people in this scenario.

Maharashtra Knowledge of Corporation Threats

  • The company faces a huge external threat from the continuation of pandemic. The pandemic has affected companies’ enrollment rates and its revenue has fallen in the month when the lockdown was applied.
  • The company faces a stiff competition from companies like Adtech and NIIT.

Maharashtra Knowledge of Corporation Rating



  • Maharashtra Knowledge of Corporation Detail Info

Industry Statistics


Registered In


Registered Date


Stock Exchange Ticker


Reg Office: ICC Trade Towers, ‘A’ Wing, 5th Floor, Senapati Bapat Road, Shivajinagar Pune 411016, Maharashtra, India

Website: http://www.mkcl.org