Results · Education & Skilling

Lead School narrows loss, targets profitability in FY27

By Startup Enthusiast · 26 August 2026

What they do

LEAD School provides an integrated academic and tech ecosystem for schools

FY26 net loss narrowed 20% to ₹34.5 Cr, while operating revenue rose 10% to ₹386.7 Cr

The company expects to turn net profitable or break even in FY27, with EBITDA projected to triple to ₹90 Cr

LEAD School published its FY26 results showing a net loss of ₹34.5 Cr, down from ₹43.3 Cr in FY25.
Operating revenue grew 10% to ₹386.7 Cr from ₹351.8 Cr.
Total income including other income was ₹392 Cr.
EBITDA surged 7.5 times to ₹30.2 Cr from ₹4 Cr.
EBITDA improvement was driven by better school retention over the fiscal year.
Total expenses rose 3.8% to ₹426.5 Cr.
Employee benefit expenses fell 6% to ₹131.2 Cr.
The company expects 20% YoY operating revenue growth in FY27 and EBITDA of ₹90 Cr.

LEAD School entered the unicorn club in 2022 after a $100 Mn Series E led by WestBridge Capital and GSV Ventures.
The company is present across 9,000 schools in 400 towns and cities, reaching 41 lakh students cumulatively.
Classrooms following its curriculum show 84% results in early years and 72% for primary; 14% of students scored >90% in Class 10 board exams.

LEAD School provides an integrated academic and tech ecosystem for schools.
It works with students, teachers, parents, and school administrators to improve teaching, assessments, and learning outcomes via technology-enabled tools.
Product portfolio includes multiple variants of learning systems, a foundation learning system embedding competitive test-preparation within schools, and personalised learning through TECHBOOK.
It offers AI-first learning solutions including an AI-powered spoken-English product called Miss Curie.
FY26 revenue breakdown: sale of books, teaching aids and devices ₹275.4 Cr; platform services ₹76.5 Cr.
The company is present across 9,000 schools in 400 towns and cities, reaching 41 lakh students cumulatively.