This disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, reinforcing Aptech’s commitment to transparent corporate governance.
About the New Contract
According to the official filing, the LoI mandates Aptech Limited to manage computer-based testing (CBT) for a wide range of candidates.
Key Terms of the Order
- Awarding Entity: An Autonomous Government Body responsible for entrance examinations.
- Nature of Contract: Conducting computer-based online exams.
- Tenure: Initially one year, extendable up to two years based on performance and government discretion.
- Scope of Work: Exam management, technology support, deliverables as per Service Level Agreements (SLA), and payment based on number of candidates appearing.
The project value will depend on the actual number of candidates scheduled, multiplied by the applicable per-candidate rate.
Why This Contract Matters for Aptech
Aptech is not new to delivering high-impact training and assessments. With over 800 centres worldwide across IT, media & animation, aviation, beauty, wellness, and preschool segments, this new contract further strengthens its Enterprise Business Group offerings.
This development:
- Enhances Aptech’s credibility as a trusted partner for government examinations.
- Opens opportunities in India’s booming EdTech and exam-outsourcing market.
- Potentially increases recurring revenues due to the candidate-based fee model.
Aptech’s Diverse Portfolio
Beyond this contract, Aptech operates through two major business streams:
1. Individual Training
- Arena Animation
- MAAC (Maya Academy of Advanced Creativity)
- Lakmé Academy powered by Aptech
- Aptech Aviation Academy
- Aptech Learning
- Aptech International Preschool
2. Enterprise Business Group
- Aptech Training Solutions
- Aptech Assessment & Testing Solutions
- ProAlley (online training platform) for design, VFX, and gaming courses
This strong foundation makes Aptech uniquely positioned to deliver large-scale digital exams.
Stock Market Impact
The announcement was submitted to BSE (Scrip Code: 532475) and NSE (Symbol: APTECHT). Investors may see this as a positive trigger because:
- Government contracts typically ensure stable revenue streams.
- Digital exam services are a fast-growing sector in India.
- The scalable nature of the project could contribute significantly to top-line growth.
Conclusion
Aptech Limited’s new contract to conduct computer-based examinations marks a major win in the company’s growth journey. With decades of experience in skill development and digital education, this project solidifies Aptech’s standing as a leader in education technology and assessments.
As the exams roll out, stakeholders will be closely watching the execution, scalability, and financial impact on Aptech’s performance.