BSE: 539761
Vantage Knowledge Academy Limi
Runs an education and professional skilling business, with courses delivered in tie-up with partner institutes. It has signed a Memorandum of Understanding with Kala Institute of Management Studies and Research, Mumbai to run the Master of Management Studies (MMS) programme under the University of Mumbai and Directorate of Technical Education, Maharashtra framework, along with specialised certification courses. A separate MoU has been signed with Veena College of Commerce. The Board has approved forming a wholly-owned subsidiary in the UK to expand the educational business, and has offered discounted course vouchers to shareholders. Revenue from operations in FY26 was Rs. 191.34 lakhs, down from Rs. 348.78 lakhs in FY25, with net profit after tax of Rs. 12.08 lakhs versus Rs. 75.56 lakhs. The company also operates an e-newspaper called "The Campus and Lifestyle", for which it received a Press Registrar General of India registration in May 2026. The largest cost lines are depreciation at 39.8% of revenue and employee costs at 29.9% of revenue, with no material costs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Education and professional skilling courses, E-newspaper and allied media. Small, asset-light education services business with declining FY26 revenues and profits
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 2 | 4 | 3 | 2 |
| EBITDA (ex other income) | 0 | 1 | 2 | 1 | 1 |
| margin % | 14.1 | 65.4 | 35.2 | 23.5 | 32.4 |
| Owners' profit | 0 | 1 | 1 | 1 | 0 |
| EPS, as reported (₹) | 0.66 | 3.00 | 0.26 | 0.66 | 0.00 |
| ROE % · ROCE % | 6.4 · 9.7 | 22.7 · 30.5 | 9.7 · 13.5 | 1.9 · 2.8 | 0.3 · 0.6 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (0) | (1) | (1) | 1 | 6 |
| Capex | 0 | (0) | (2) | (3) | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 1 | (1) | 0 | 0 | 0 | (0) |
| Net profit | 0 | 1 | 0 | (1) | 0 | 0 | 0 | (1) |
| EPS (₹) | 0.04 | 0.08 | 0.04 | (0.03) | 0.01 | 0.01 | 0.00 | (0.02) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| NIIT LEARNING SYSTEMS LTD | 2,631 | 10.3 | 1.71 | 5.8 | 16.1 | 16.7 | — | 19.2 |
| SHANTI EDU INITIATIVES L | 2,608 | 450.0 | 33.63 | 260.6 | 7.7 | 9.7 | — | 9.2 |
| NIIT LIMITED | 1,037 | 115.0 | 0.97 | 23.9 | 0.6 | 1.1 | (16.3) | 17.6 |
| GLOBAL EDUCATION LIMITED | 725 | 27.8 | 5.52 | 18.8 | 20.2 | 25.9 | — | 42.3 |
| APTECH LIMITED | 468 | 19.1 | 1.88 | 9.8 | 9.5 | 13.4 | 41.4 | 9.7 |
| CAREER POINT EDUTECH LTD | 300 | 12.6 | 3.96 | 9.3 | 30.3 | 40.6 | — | 76.3 |
| Golden Crest Education & Servi | 170 | 718.2 | 15.43 | — | 1.6 | 2.2 | — | 27.0 |
| COMPUCOM SOFTWARE LTD | 102 | 35.0 | 0.72 | 10.8 | 2.0 | 2.5 | 14.6 | 54.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 0.7 | 1.9 | 3 of 15 | 86% |
| ROCE | 0.6 | 2.5 | 12 of 17 | 31% |
| ROE | 0.3 | 1.6 | 10 of 15 | 36% |
| Debt / Equity | 0.0 | 0.0 | 1 of 14 | 54% |
| EBITDA margin | 82.4 | 18.4 | 2 of 14 | 92% |
| Revenue growth | (88.8) | (0.0) | 14 of 16 | 13% |
| Profit growth | 43.3 | 12.5 | 4 of 15 | 79% |
| Market cap | 25 | 85 | 13 of 18 | 29% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 15 Oct 2026 · RTA compliance certificate for quarter ended September 2026 | compliance | minimal | — | — |
| 1 Oct 2026 · 13th AGM results: all 5 resolutions passed with 99.98% majority | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Revised proceedings of 13th AGM filed with BSE | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Vantage Knowledge Academy 13th AGM proceedings held on September 30 2026 | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closed ahead of Q2 results declaration | compliance | minimal | — | — |
| 23 Sept 2026 · Partners with Swaminarayan University for skill education | strategic transactions | medium | — | — |
| 9 Sept 2026 · Newspaper ad for 13th AGM notice and e-voting info | compliance | minimal | — | — |
| 7 Sept 2026 · The Exchange and Investors are hereby informed that company had fixed September 23,2026 as record date for purpose of determing eligible shareholders for purpose of 13th Annual General Meeting. | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Please find the Enclosed 13th Annual Report of the Company for Financial Year 2025-2026 | results | high | — | — |
| 7 Sept 2026 · The Exchange and Investors are hereby informed that 13th Annual General Meeting of the company is scheduled to be held on Wednesday, September 30,2026 at 05:00 p.m. through Video Conferencing .... | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.