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Adverse Business Impact

MT Educare Adverse Business Impact

MT Educare Limited reported a default on principal and interest repayments totaling ₹32.33 Crore to lenders including Axis Bank and Prudence ARC. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated December 16, 2022. Investor caution is advised given the ongoing insolvency proceedings and debt defaults.

Key figures
Value₹32.33 Cr
Source

BSE filing, NSE: MTEDUCARE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

MT Educare Ltd: key numbers

Share price
₹1.65
Market cap
₹11.92 Cr
Revenue (annual)
₹36.14 Cr
Net profit (annual)
₹-3.13 Cr
P/E (TTM)
-3.8×Sector 34.1×
Promoter holding
59.12%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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