Ascensive Educare Limited

Operates in education and skill development using a Recruit-Train-Deploy (RTD) model, with three verticals: government/CSR-funded skill training, industry consulting (manpower, payroll and recruitment services) and higher education in collaboration with universities. The business delivers structured vocational training under central and state government schemes such as PMKVY 4.0, DDU-GKY, PM VIKAS and Ministry of Panchayati Raj empanelment, alongside private-sector consulting mandates. Pan-India operations span 18 states/UTs covering 37 industry sectors, with an order book exceeding Rs 80 crore; the largest new mandate is the Orissa Livelihoods Mission covering roughly 20,000 SHG members, and a Meghalaya State Skill Development Society order worth Rs 5.57 crore for training 2,005 candidates across 16 trades. The company is planning an industry-led university near Kolkata (land secured, in promoter name, to be transferred) targeted to be operational in FY26-27, and is exploring international consulting via NSDC International with a CEO-led delegation to Germany in FY26. Revenue is split between government and private clients, with management guiding the mix toward 50:50 (from ~90:10 in FY23). Cost structure is dominated by other operating expenses at 82.3% of revenue, while employee cost is 7.5% and materials are nil — consistent with a training-services model where delivery costs, rather than raw materials, drive spend.