**(Formerly Keerti Knowledge and Skills Limited)** G-Tec Jainx Education Limited is an Indian listed entity specializing in **Information Technology (IT)** vocational training and career-oriented education. The company is currently undergoing a strategic pivot, transitioning from a traditional volume-based coaching model to a high-value, **outcome-driven hybrid delivery framework**. By aligning with the **National Education Policy (NEP) 2020**, the company aims to bridge the employability gap for fresh graduates entering the IT and SME sectors. --- ### **Corporate Structure & Subsidiary Ecosystem** The company operates through its headquarters in **Bandra Kurla Complex (BKC), Mumbai**, and executes its specialized training programs through two **wholly owned subsidiaries**: | Entity Name | Former Name | Core Focus | | :--- | :--- | :--- | | **Keerti Institute India Private Limited (KIIPL)** | N/A | Vocational IT training and foundational education. | | **G-Tec Jain Keerti Career Education Pvt Ltd** | **Keerti Tutorials India Pvt Ltd** | Career-oriented coaching and professional tutorials. | In a move to streamline the balance sheet, the company executed an internal asset realignment in **March 2024**, transferring fixed assets valued at approximately **₹55 Lacs** (including **₹38.77 Lacs** from KIIPL) to the parent company against loan receivables. --- ### **The "Job-Linked" Product Portfolio** The company has concentrated its curriculum on high-demand technical domains where there is a clear "interview-to-offer" pathway. Every program is mapped to specific **role-aligned outcomes**. * **Data Analytics for Business:** Training for **Associate Analyst** roles. * **Full Stack Development:** Comprehensive software coding and engineering. * **Digital Marketing:** Execution-focused training for the modern digital economy. * **ERP/SAP Integration:** Specialized modules in **SAP ERP End User** training, combined with **Advanced Excel and Tally** for SME employability. --- ### **Operational Model: The Hybrid Delivery Framework** G-Tec Jainx has moved away from purely physical or purely digital models, adopting a **hybrid framework** designed to maximize operational margins while maintaining quality. * **Digital Platform:** Theory and lab work are delivered via a centralized digital platform, allowing for standardized content and scalability. * **Physical Centers:** Dedicated to soft skills, project assignments, and intensive interview preparation. * **Project-Based Learning:** Students undergo practical assignments every few weeks, including **data dashboards, ticket triage, and ERP transaction cycles**. * **Quality Controls:** Management conducts **surprise audits**, weekly reviews of admissions/collections, and mandatory **"Train the Trainer"** sessions to ensure delivery consistency. * **Education Finance:** Partnerships with financial institutions provide students with affordable, transparent fee structures, widening the target demographic. --- ### **Strategic Asset Rationalization & Footprint Optimization** The company is actively "right-sizing" its physical presence to eliminate non-performing assets and shift toward a more agile, license-based model. * **Slump Sale (Feb 2025):** The company disposed of its **Santacruz (East)** and **Vashi** centers for a consideration of **₹23.50 Lacs**. While this resulted in a loss on sale of **₹22.15 Lacs** (against a net worth of **₹45.65 Lacs**), it removed drag from the bottom line. * **Operational Shift (April 2024):** Executed leave and license agreements for **six company-owned and operated centers** to reduce fixed overheads. * **Head Office Relocation:** Shifted the registered office within the **BKC** area to optimize administrative costs. --- ### **Financial Performance & Capital Management** The fiscal year ending **March 31, 2025**, was a period of financial contraction as the company absorbed the costs of restructuring and shifting market dynamics. #### **Comparative Financial Summary** | Metric (₹ in Lacs) | FY 2024-25 (Consolidated) | FY 2023-24 (Consolidated) | Performance Trend | | :--- | :--- | :--- | :--- | | **Total Income** | **788.85** | **842.95** | 6.4% Decrease | | **Comprehensive Profit/(Loss)** | **(337.85)** | **(11.72)** | Increased Loss | | **Standalone Total Income** | **533.90** | **609.88** | 12.5% Decrease | | **Standalone Profit/(Loss)** | **(275.27)** | **88.94** | Shift to Loss | #### **Solvency and Capital Structure** * **Share Capital:** Authorised capital stands at **₹25 Crores**; Paid-up capital is **₹10.19 Crores** (1,01,89,098 shares at **₹10** par value). * **Debt Profile:** While the company maintains a low-leverage stance, Net Debt increased to **₹104.73 Lacs** in 2025 (up from **₹50.00 Lacs**). The **Debt/Equity Ratio** remains conservative at **0.13** (Standalone). * **Fundraising:** In August 2023, the Board approved a **Rights Issue** of up to **₹15 Crores** to fund future growth initiatives. * **New Labour Code Impact:** The company has accounted for an incremental **₹12.43 Lacs** in employee benefit expenses due to the recognition of past service costs under new regulatory frameworks. --- ### **Governance & Risk Mitigation Framework** The company maintains a robust governance structure to manage the risks inherent in the vocational training sector. * **Board Oversight:** The Board consists of **8 Directors**, including **4 Independent Directors**. **Mr. Manish Heeralal Chandak** was recently re-appointed as an Independent Director for a second term (**2025–2030**). * **Audit & Compliance:** **M/s. N K Mittal & Associates** serve as statutory auditors through **FY 2026-27**. A new Secretarial Auditor was appointed for a **5-year tenure** in 2025. * **Risk Matrix:** * **Credit Risk:** Managed through individual creditworthiness assessments of customers and partners. * **Liquidity Risk:** Mitigated by maintaining sufficient cash reserves and marketable securities to meet obligations under stressed conditions. * **Market Risk:** Minimal exposure to **Currency Risk** (no foreign forex dealings) and **Interest Rate Risk** (zero external borrowings from third parties). * **Automation:** Routine MIS and student onboarding have been automated to reduce human error and allow management to focus on revenue-generating activities. --- ### **Future Growth Strategy (FY 2025-26 & Beyond)** The company’s roadmap focuses on **margin-accretive delivery** and alignment with high-growth technology sectors: 1. **Outcome Transparency:** Publishing "Outcome Maps" for all flagship programs to clearly define the skills and job roles learners can expect. 2. **Faculty Benchmarking:** Introducing **shadow teaching** and mandatory certifications for trainers to ensure depth of delivery. 3. **Placement Quality:** Shifting focus from volume-based placement drives to curated interviews with a growing base of **hiring partners**. 4. **Tech Integration:** Investing in **ICT-equipped libraries** and tech-driven classrooms to enhance the learner experience. 5. **Sector Expansion:** Positioning the curriculum to cover emerging fields such as **AI, Cloud Computing, and Cybersecurity**.