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Results · Education & Skilling

Skillmatics posts Rs 659 Cr revenue in FY26

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Date
Company
Skillmatics
What it does
Educational toys and learning games
Kind
Results
Sector
Education & Skilling

What they do

Skillmatics makes educational toys and learning games for children aged 1-12

What happened

It reported Rs 659 Cr revenue from operations in FY26, up 34.5% from the previous year

Why it matters

Net profit rose only 4.2% to Rs 17.57 Cr as expenses grew faster than revenue

The details

  • Skillmatics reported Rs 659 Cr in revenue from operations for FY26.
  • Revenue grew 34.5% year-on-year from Rs 490 Cr in FY25.
  • Total revenue including other income was Rs 667 Cr in FY26.
  • Net profit was Rs 17.57 Cr, up only 4.2% from Rs 16.86 Cr in FY25.
  • Total expenditure rose 36.1% to Rs 652 Cr, outpacing revenue growth.
  • Marketing spend was Rs 169 Cr, about 26% of total expenditure.
  • The company spent 99 paise per rupee of operating revenue in FY26.
  • EBITDA margin was a thin 1.75%, and ROCE was 5.14%.

The bigger picture

  • Skillmatics is a D2C and omnichannel edutainment brand focused on educational toys.
  • It operates in 25+ countries and works with 3,000+ retail stores globally.
  • North America is its key market; 87% of operating revenue comes from outside India via its US subsidiary.
  • The company has raised about $28 million from investors including Peak XV Partners and Sofina.
  • It is reportedly in talks to raise fresh capital for expansion.

About the business

  • Skillmatics creates educational toys and learning games for children aged 1-12.
  • It sells through its own website, e-commerce marketplaces, and retail stores globally.
  • The company has a presence in 25+ countries and works with 3,000+ retail stores internationally.
  • Its key market is North America; 87% of operating revenue comes from outside India via its US subsidiary Grasper Global Inc.
  • Cost of goods sold was about Rs 130 Cr in FY26.
  • Current assets stood at about Rs 222 Cr at the end of FY26, including cash and bank of Rs 75.5 Cr.

What happens next

  • Skillmatics is reportedly in talks to raise fresh capital for expansion.

Investors

  • Peak XV Partners (existing) — Venture capital firm that backs technology companies.
  • Sofina (existing) — Belgian investment holding company.

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