ADDICTIVE

Addictive Learning Technology Limited

Listed company · ISIN INE0RDH01021 · NSE ST · FV ₹10
Last price
₹46
+4.94%today
What this company does

Addictive Learning Technology Limited is a listed company. It booked ₹23 cr of revenue in its latest quarter (Q1 FY27) and kept 1.4% of sales as profit.

48out of 100
Equitytale Health Score
Mixed

Healthier than 48% of listed companies we score, on the 4 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
53

At close. Not part of the score.

Profitability & returns16

How much profit it earns on the money it employs

Balance sheet69

How much it owes, and whether earnings cover the interest

Valuation39

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 64%
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Thin 1.4% net margin
! Low 2.0% return on equity

What if I invest in ADDICTIVE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹46▲ +4.94%
latest close · 2026-11-04
52-wk low ₹3772 sessions so far52-wk high ₹51
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio57.1High
LowAverageHigh
P/B ratio1.16Moderate
Below bookModerateHigh
EV / EBITDA42.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.0%Weak
WeakFairStrong ▸15%
Return on capital2.1%Weak
WeakFairStrong
Net margin1.4%Thin
ThinDecentStrong
EBITDA margin1.9%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Current ratio0.35Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹73 cr
Book value
₹39
EPS
₹0.20
latest quarter
Net debt
₹-67.6 L
more cash than debt
Enterprise value
₹72 cr
EBITDA
₹2 cr
annualised
EBIT
₹2 cr
annualised
Operating margin
1.9%
Return on assets
1.3%
Earnings yield
1.75%
P/S
0.80
Sales / share
₹57.0
Tax rate
25.8%
Face value
₹10
Shares
1.6 cr
Working capital
₹-11 cr
Current assets
₹6 cr
Current liabilities
₹17 cr
Delivery %
95.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹23 cr
Other Income₹10.8 L
Total Income₹23 cr
Cost of Materials₹1 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹2 cr
Finance Costs₹0 cr
Other Expenses₹15 cr
Total Expenses₹22 cr
Profit before Tax₹42.1 L
Tax Expense₹10.9 L
Net Profit₹31.3 L
Net margin on total income1.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1 cr5.8%
Employee benefit expense₹2 cr6.7%
Other expenses₹20 cr85.6%
Tax expense₹10.9 L0.5%
Profit for the period₹31.3 L1.4%
Total income ₹23 cradds up to ₹100 ✓
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹98 cr
Shareholder equity
₹63 cr
parent shareholders
Total debt
₹49.1 L
Cash
₹1 cr
Who owns it · 2026-09-30
No pledge
Promoter
64.0%
FII / Foreign
0.6%
DII / Domestic
0.1%
Retail / others
35.4%
Promoter stake down 2.1% over the last 5 quarters.
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Sep 2026
See the official result
1
To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon
Backed by 98% of shareholders other than promotersneeded 50%
97,094 votes for, 2,000 against
2
To receive, consider and adopt the audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026 and the reports of the Auditors thereon
Backed by 98% of shareholders other than promotersneeded 50%
97,094 votes for, 2,000 against
3
To re-appoint Mr. Siddhant Singh Baid (DIN: 07809583) Executive Director, who retires by rotation and being eligible, offers himself for re-appointment
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 50%
97,094 votes for, 2,000 against
4
To appoint Ms. Honey Pamnani (DIN: 11175943) as a Non-Executive Independent Director of the Company
Backed by 98% of shareholders other than promotersneeded 75%
97,094 votes for, 2,000 against
5
Revision of Remuneration payable to Mr. Ramanuj Mukherjee, Managing Director (DIN:05017261)
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 16% of shareholders other than promotersneeded 75%
16,312 votes for, 82,782 against
6
Revision of Remuneration payable to Mr. Abhyudaya Agarwal, Whole Time Director (DIN:05016416)
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 16% of shareholders other than promotersneeded 75%
16,312 votes for, 82,782 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 13 named members
owning 63.9% between them · as of 2026-09-30
RAMANUJ MUKHERJEE27.98%
ABHYUDAYA AGARWAL27.95%
HARSH JAIN1.98%
SIDDHANT SINGH BAID1.98%
KOMAL SHAH1.96%
PRIYANKA PIYUSH KARWA0.68%
YASH VIJAYVARGIYA0.66%
SUDEEP DEB0.64%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it
1 fundraise spent differently than promised

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹58 cr raised in Jan 2024 by selling shares to the public
⚑ company reported a change of plan

As of Mar 2026, the company says it has spent 88% of what it set aside, leaving ₹7 cr still to be spent.

“The prospectus states that the utilization of proceeds shall be spread over FY 2024-25 and FY 2025-26, however for certain cases, higher amounts have been utilized in FY 2024-25 and FY 2025-26 to take the benefit of opportunities available to the Company. Further, in certain cases, the proceeds have not been used for the full limit in FY 2025-26.”the company’s own explanation, as filed
Unidentified Acquisition for Company (In India or Abroad)
0%
₹0 cr of ₹5 cr
Identified Acquisition
33%
₹1 cr of ₹3 cr
Investment in Technology
100%
₹8 cr of ₹8 cr
Development of new courses
100%
₹5 cr of ₹5 cr
Branding & Marketing Expenses
100%
₹10 cr of ₹10 cr
Working Capital requirements
100%
₹8 cr of ₹8 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.