Results · Education & Skilling

LEAD Group reports improved financial performance for FY26

By Startup Enthusiast · 25 August 2026

What they do

LEAD Group provides integrated curriculum, smart classroom technology, teacher training, and educational devices to schools across India

The company reported FY26 operating revenue of Rs 386.6 crore, while narrowing its net loss to Rs 34.5 crore

Operating EBITDA improved significantly to Rs 30 crore, reflecting a sevenfold increase compared to the previous fiscal year

LEAD Group achieved Rs 386.6 crore in operating revenue during FY26, marking a 10% increase from the previous year.
The company reduced its net loss to Rs 34.5 crore, a 20% improvement over the Rs 43.3 crore loss in FY25.
Operating EBITDA (earnings before interest, taxes, depreciation, and amortization) rose to Rs 30 crore, up from Rs 4 crore in FY25.
Total expenses for the year were recorded at Rs 426.5 crore.
The firm spent Rs 1.1 to generate every rupee of operating revenue during the fiscal period.
Cash and bank balances stood at Rs 55 crore at the end of the fiscal year.

The company reached unicorn status in 2022 following a $100 million funding round led by WestBridge Capital.
LEAD Group has raised over $180 million in total funding to date to support its expansion.
The firm currently operates in over 9,000 schools across 400 towns and cities in India.

LEAD Group offers a comprehensive suite of learning systems, including curriculum, smart classes, and teacher training.
Revenue is primarily driven by product sales, such as books, teaching aids, and devices, which account for 71% of operating revenue.
Platform services contribute the remaining portion of the company's operating income.
The curriculum covers subjects from Nursery to Class XII, including specialized programs like CODE.AI and ROBO.AI.
The platform supports over 65,000 teachers and reaches approximately 41 lakh students.
The company claims its interventions lead to a 79% learning mastery rate across subjects.

WestBridge Capital (lead) — A major investment firm that led the company's 2022 unicorn round.