Revenue growth of 20-25% for FY26
Management indicated that overall growth for FY26 would be in the range of 20-25%, based on Q3 enrollment trends and seasonality.
JARO / guidance tracker
Keep management guidance in view.
Jaro Institute of Technology Management and Research · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
revenue
EBITDA margin target of ~30% and PAT margin of ~20%
Management expects to sustain EBITDA margins around 30% and PAT margins around 19-20%, with improvement from current levels through higher referrals and productivity.
ARPU to continue increasing
ARPU is expected to keep rising as the company focuses on higher-fee programs (e.g., IIM Ahmedabad AGMP at ₹9 lakh) while retaining lower-fee offerings.
New partnership with JK Sha classes to drive volume from Q1 FY27
The exclusive online partnership with JK Sha classes (commerce test prep) is expected to start contributing from April 2026, targeting a large student base.