Key Metrics of Prodigy Development Institution
About Prodigy Development Institution
Company details
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
Sign in with access to company financials to review vendor evidence.
Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 30 Jul 2026 | ICRA | Reaffirmed | BB+ | — | Stable | ₹20.6 Cr | View |
Credit strengths (ICRA, Jul 2026)
+ Part of a large Group having extensive experience in running schools across many countries
PDI’s ultimate parent Group (Global Schools Foundation) has a vast network of 6 5 schools spread across India, Singapore, Japan, The Philippines, Korea, Cambodia, Malaysia, the United Kingdom and the Middle East.
Credit challenges
− Small scale of operations, revenue concentrated to one school
The entity’s scale is relatively small er with only one school at Noida, Uttar Pradesh.
− Leveraged capital structure and weak debt coverage metrics
The school is servicing bank loans, along with the management fee and royalty fee to Group companies from its cash accruals, though with a limited cushion.
− Exposed to regulations and intense competition in the education sector
As the education industry is well regulated, the entity’s school is susceptible to changes in policies of both Central and state regulatory bodies.
Could lead to an upgrade
The rating could be upgraded if there is a significant increase in PDI’s revenue and profit while maintaining satisfactory operating metrics and
Could lead to a downgrade
A significant deterioration in the operating metrics, as reflected by low student enrolment or high dropouts, affecting its revenue and profitability, could result in a rating downgrade. Any large debt-funded capex/acquisition, leading to a deterioration in its debt protection metrics and
Agency-reported financials (ICRA, 30 Jul 2026)
| Metric | FY2025 | FY2026 |
|---|---|---|
| Operating income | ₹31.60 Cr | ₹34.00 Cr |
| PAT | ₹-4.20 Cr | ₹-0.20 Cr |
| OPBDIT/OI | 11.1% | 10.1% |
| PAT/OI | -13.3% | -0.7% |
| Total outside liabilities/Tangible net worth (times) | -15.10× | -14.00× |
| Total debt/OPBDIT (times) | 9.40× | 7.50× |
| Interest coverage (times) | 1.00× | 1.20× |
| Revenue growth (YoY) | — | 7.6% |
| EBITDA (margin × income) | ₹3.51 Cr | ₹3.43 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹32.99 Cr | ₹25.73 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹3.51 Cr | ₹2.86 Cr |
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long-term – Fund based – Term loans | Term loans | ₹16.6 Cr | ₹12.9 Cr | −22.1% | BB+ (Stable) | Reaffirmed | ICRA |
| Long-term – Fund based – Overdraft | Working capital & bank lines | ₹4.00 Cr | ₹4.00 Cr | 0.0% | BB+ (Stable) | Reaffirmed | ICRA |
| Long-term – Unallocated limits | Working capital & bank lines | — | ₹3.67 Cr | — | BB+ (Stable) | Reaffirmed | ICRA |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 48% |
| Information on file | 44% · missing: Annual results history (3+ years), Liquidity position, Capex / investment plans, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 47% chance the next rating action is stable or better
- Current rating BB+ (below investment grade)
- Interest coverage 1.2×
- ₹3.67 cr of rated limits not yet tied to a lender
Rated limits by facility
Timeline
From the report
Liquidity position: Adequate The entity’s liquidity is likely to remain adequate in the near term, considering cash flow from operations of Rs. 4 -5 crore expected in FY2027, against annual debt repayment obligations of around Rs. 3.6 crore in FY2027 and Rs. 3.7 crore in FY202 8, respectively.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.