Q3-FY26 · Amit Sachdeva
K12 will become larger than a test prep business down the line 5 years is what I imagine and if you benchmark any company in China—New Oriental, TAL Edu—all are listed, their K12 business is larger than their test business.
PWL / language trends
Read confidence between the lines.
Physicswallah · tone and specificity signals across the available quarters.
Research layer active
Language signals
What changed in management language.
tracked
Q3-FY26 · Pratik B
We generally acquire profitable entities and the range of the multiple we give to these companies is anywhere between 8 to 12 and we believe in earn-out structure where we don't take a short majority. We take anywhere between 25 to 50% equity as the first go and up to a 3-4 year earnout structure for the founders.
Q3-FY26 · Pratik B
Our AI grader tools are completely designed for Indian test prep kids, completely designed by our own in-house proprietary data, millions of students' daily learning behavior patterns, data points or RAG layer as well. Our small language model operates better than Gemini or GPT-4.
Q4-FY26 · Alak Pande
We will become the first company in India which will have an AI revenue stream. We will have an AI revenue stream not just using AI for operational efficiency or increase in terms of conversion.
Q4-FY26 · Alak Pande
This FY26 as a whole year is a strong financial year for us. It has proven to be a fantastic year for us. We-wise revenue wise we did 3,900 cr of revenue which is 35% year-on-year growth.
Q4-FY26 · Pratik
90-91% of our code is now AI assisted driving 2x improvement in engineering and go-to-market velocity. AI counselor is 75% cheaper. Currently 6,000 plus daily calls are happening through AI voice agents.