Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹65 Cr.
Stock P/E
6.1
P/B
0.8
Current Price
₹41
Book Value
₹ 49.9
Face Value
10
52W High
₹149.8
52W Low
₹ 37.2
Dividend Yield
0%

Addictive Learn Tech Overview

Business

Addictive Learning Technology Ltd., primarily operating under the brand LawSikho, is an online educational technology (EdTech) company based in India. It focuses on providing practical, skill-based legal education and career development programs for law students and professionals. The company's core business model involves offering a range of courses, diplomas, bootcamps, and masterclasses designed to equip learners with industry-relevant legal skills, often neglected by traditional law schools. Its mission is to bridge the gap between academic knowledge and practical application, helping professionals secure better jobs, internships, or build their own practice. The company generates revenue through subscription fees and course enrollment fees for its educational offerings.

Revenue Mix

The company's revenue primarily derives from its online educational programs and related services. While specific percentage breakdowns are not publicly detailed for their SME listing, the main segments include:

LawSikho Courses: Online certificate courses, diplomas, and masterclasses in various legal specializations (e.g., contract drafting, intellectual property, corporate law, legal writing, international law).

SuperLawyer: A platform for career guidance and placement assistance for legal professionals.

iPleaders: Content and educational resources for legal aspirants.

Revenue is predominantly generated from direct sales of these courses and programs to individuals seeking to enhance their legal skills and career prospects.

Industry

Addictive Learning Technology operates within the rapidly growing Indian EdTech sector, specifically targeting the niche of professional legal education and skill development. The broader industry is highly competitive and fragmented, comprising traditional educational institutions, other online EdTech players, and professional training centers. LawSikho positions itself as a differentiator by focusing on practical, industry-oriented skills that help students become job-ready, rather than just academic qualifications. It aims to fill a void left by conventional law schools, which often lack emphasis on real-world application and contemporary legal practices. Its online model provides accessibility and flexibility, appealing to both students and working professionals.

MOAT

Addictive Learning Technology possesses several potential competitive advantages:

Niche Expertise & Content: A strong focus on practical, cutting-edge legal skills provides a unique value proposition compared to generic legal education. Their curriculum is often developed by industry experts.

Brand Reputation: LawSikho has built a recognizable brand within the Indian legal education community for its specific approach to skill-building.

Community & Network Effects: A growing base of students, alumni, and instructors creates a network that can attract new learners and potentially facilitate career opportunities.

Early Mover Advantage (in its niche): Being one of the prominent players to focus intensely on practical, career-oriented legal skills online has given it a lead in market perception within that segment.

Switching Costs: Once students invest time and money into a specific course and ecosystem, the perceived benefit of continuing and completing the program acts as a switching cost.

Growth Drivers

Increasing Demand for Skill-Based Education: A growing recognition among legal professionals and students for the need for practical, industry-relevant skills to improve employability and career progression.

Growth of the Legal Services Market: The expansion of India's economy and corporate activity drives demand for specialized legal expertise across various sectors.

Rising Acceptance of Online Learning: Post-pandemic, the widespread adoption and acceptance of online education platforms provide a tailwind for growth.

New Course Offerings & Verticals: Expansion into new legal specializations, compliance areas, or even related professional domains can attract new learners.

Geographic Expansion: Potential to cater to the legal education needs of other emerging markets or the Indian diaspora.

Partnerships: Collaborations with law firms, corporations, or academic institutions for training and talent development.

Risks

Intense Competition: The EdTech sector is highly competitive, with new entrants and traditional players adapting online, potentially leading to pricing pressures and increased marketing costs.

Quality & Outcome Consistency: Maintaining the quality of instructors, course content, and demonstrating tangible career outcomes for students is crucial for reputation and continued enrollment. Failure to do so can severely impact growth.

Regulatory Changes: Potential changes in educational policies, professional bar requirements, or accreditation standards could impact course validity or recognition.

Technological Obsolescence: Rapid changes in technology require continuous investment in platform updates and learning methodologies.

Economic Downturn: Discretionary spending on professional development might decrease during economic slowdowns, impacting enrollment.

Reliance on Key Personnel/Content Creators: The quality and relevance of courses heavily depend on the expertise of its content creators and instructors.

Management & Ownership

Addictive Learning Technology Ltd. was founded by Ramanuj Mukherjee and Abhyuday Agarwal. Ramanuj Mukherjee serves as the CEO and is a prominent figure in the Indian legal education space, known for his thought leadership and practical insights into legal careers. Abhyuday Agarwal is the COO and also brings significant experience in the legal industry and content creation. The promoters maintain a significant ownership stake, indicating a strong alignment of interests with the company's long-term vision. The management team has a deep understanding of the legal industry and the specific educational gaps they aim to address.

Outlook

Addictive Learning Technology Ltd. operates in a promising niche within the Indian EdTech landscape, leveraging the growing demand for practical legal skills and the increasing acceptance of online learning. Its focused approach and established brand in career-oriented legal education position it for continued growth, driven by a clear value proposition for students and professionals. However, the company faces significant competitive pressures from both established EdTech players and traditional institutions adapting to online models. Sustaining growth will require consistent delivery of high-quality, relevant content, demonstrating clear career outcomes for its learners, and adapting to evolving industry and technological landscapes. The ability to innovate and expand its offerings while maintaining educational efficacy will be critical in navigating the competitive environment and capturing further market share.

Addictive Learn Tech Share Price

Live · NSE · Inception: 2017
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Addictive Learn Tech Quarterly Results

#(Fig in Cr.) Jun 2025 Jun 2026
Net Sales 21 23
Other Income 0 0
Total Income 21 23
Total Expenditure 15 18
Operating Profit 6 5
Interest 0 0
Depreciation 3 4
Exceptional Income / Expenses 0 0
Profit Before Tax 3 0
Provision for Tax 2 0
Profit After Tax 1 0
Adjustments -0 0
Profit After Adjustments 1 0
Adjusted Earnings Per Share 0.8 0.2

Addictive Learn Tech Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 34 66 83 44
Other Income 0 0 3 0
Total Income 34 66 86 44
Total Expenditure 30 52 64 33
Operating Profit 3 13 22 11
Interest 0 0 0 0
Depreciation 0 3 7 7
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 3 10 15 3
Provision for Tax 1 3 4 2
Profit After Tax 2 7 11 1
Adjustments 0 0 0 0
Profit After Adjustments 2 7 11 1
Adjusted Earnings Per Share 0.2 4.5 6.7 1

Addictive Learn Tech Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 68 79
Minority's Interest 0 0 0
Borrowings 0 0 0
Other Non-Current Liabilities -0 1 1
Total Current Liabilities 7 10 12
Total Liabilities 9 79 92
Fixed Assets 0 27 53
Other Non-Current Assets 0 0 34
Total Current Assets 9 53 5
Total Assets 9 79 92

Addictive Learn Tech Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 2 50
Cash Flow from Operating Activities 1 19 17
Cash Flow from Investing Activities -0 -29 -65
Cash Flow from Financing Activities 0 59 0
Net Cash Inflow / Outflow 1 49 -47
Closing Cash & Cash Equivalent 2 50 3

Addictive Learn Tech Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.24 4.53 6.73
CEPS(Rs) 0.24 6.27 11.18
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 0.19 42.95 49.72
Core EBITDA Margin(%) 10.13 20.31 22.84
EBIT Margin(%) 9.88 16.17 18.16
Pre Tax Margin(%) 9.69 15.91 17.59
PAT Margin (%) 7.37 10.96 12.95
Cash Profit Margin (%) 7.65 15.16 21.52
ROA(%) 28.19 16.36 12.46
ROE(%) 125.89 20.51 14.52
ROCE(%) 149.17 30.16 20.36
Receivable days 0.26 1.38 2.39
Inventory Days 0 0 0
Payable days 0 0 0
PER(x) 0 46.75 22.06
Price/Book(x) 0 4.93 2.98
Dividend Yield(%) 0 0 0
EV/Net Sales(x) -0.04 4.36 2.82
EV/Core EBITDA(x) -0.43 21.39 10.56
Net Sales Growth(%) 0 96.2 25.61
EBIT Growth(%) 0 221.32 41.03
PAT Growth(%) 0 191.78 48.41
EPS Growth(%) 0 1825.97 48.42
Debt/Equity(x) 0.08 0 0
Current Ratio(x) 1.26 5.17 0.43
Quick Ratio(x) 1.26 5.17 0.43
Interest Cover(x) 53.42 61.69 31.9
Total Debt/Mcap(x) 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +26% — — —
Operating Profit CAGR +69% — — —
PAT CAGR +57% — — —
Share Price CAGR -72% — — —
ROE Average +15% +54% +54% +54%
ROCE Average +20% +67% +67% +67%

Addictive Learn Tech Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 65.1 %
FII 0.6 %
DII (MF + Insurance) 1.36 %
Public (retail) 32.94 %
# Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 66.0766.0865.5265.0765.1
FII 5.272.942.070.610.6
DII 1.110.311.091.41.36
Public 27.5530.6831.3132.9232.94
Others 00000
Total 100100100100100

Addictive Learn Tech Peer Comparison

Educational Institutions Edit Columns

Addictive Learn Tech Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Addictive Learn Tech Pros & Cons

Pros

  • Stock is trading at 0.8 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 54%
  • Company is almost debt free.

Cons

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp