LAWSIKHO
Addictive Learn financials
- Market cap
- ₹243 Cr
- Sector
- Consumer Services
What Addictive Learn does
Addictive Learning Technology runs online upskilling programs across four categories: law and compliance (contract drafting, corporate/labour/IP law, litigation) and test prep (judiciary and regulator exams such as SEBI Grade A, RBI Grade B, IBPS SO, SQE) under the LawSikho brand; and accounting/tax courses plus AI and business-transformation training under the Skill Arbitrage brand. It earns by selling these paid courses directly to individual learners, and supplements this with allied platforms such as LawSikho Opportunities (a legal job board) and SkillArbitrage Jobs (a remote-job platform) that drive lead generation, alongside a large owned community and content network for organic distribution.
Segments
- LawSikho (Law & Compliance, Test Prep)
- Skill Arbitrage (Accounting, AI & business transformation)
- Services
- Employees (payroll)
- 67 (FY25)
- Engaged consultants/professionals
- 658 (FY25)
- Courses launched in FY25
- 32 (plus 11 more since year-end)
- Hero course catalog
- 35+ proven courses
- Community members
- 7.5 lakh+ (5.5 lakh WhatsApp, 2 lakh Telegram)
- Learning communities
- 50 (13 litigation, 14 competitive exams, 23 professional development)
Quarterly results
Q2 FY26: revenue up 33.7%, net profit up 28.9% against the same quarter last year.
| Line item | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 16 | 31 | 33 | 41 | 34 +107% | 41 +34% |
| EBITDA | -2 | 6 | 7 | 9 | 8 +447% | 12 +104% |
| Net profit | -2 | 4 | 3 | 6 | 4 +335% | 5 +29% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −65.8% 1Y
1Y: ₹294.95 on 29 Jan 2025 → ₹100.75. High ₹295.8 (1 Feb 2025), low ₹100.75 (30 Jan 2026).
Balance sheet
| Year ending | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹16 Cr | ₹16 Cr |
| Reserves | ₹-0 Cr | ₹-0 Cr | ₹-1 Cr | ₹2 Cr | ₹52 Cr | ₹66 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹7 Cr | ₹11 Cr | ₹11 Cr |
| Total liabilities | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹9 Cr | ₹79 Cr | ₹93 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹19 Cr | ₹67 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹8 Cr | ₹19 Cr |
| Other assets | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹9 Cr | ₹52 Cr | ₹8 Cr |
| Total assets | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹9 Cr | ₹79 Cr | ₹93 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Learn to analyse Addictive Learn
Guides on how to read this kind of business and the numbers that matter.