In Tuesday’s trading session, smallcap stock, specialising in providing a wide range of skill development programs, training solutions, and certifications across various industries, hit a 5 percent upper circuit after receiving approval for the declaration of a dividend of Rs. 0.10 per share and a 2:1 bonus issue.
Price action
With a market capitalization of Rs. 2,137.06 crores on Tuesday, the shares of Vantage Knowledge Academy Limited hit 5 percent upper circuit making a high of Rs. 197.10 per share compared to its previous closing price of Rs. 187.75 per share.
What Happened
Vantage Knowledge Academy Limited, specializing in providing a wide range of skill development programs, training solutions, and certifications across various industries, recently held a Board meeting and declared an interim dividend of Rs. 0.10 per equity share for the financial year 2024-25, amounting to Rs. 1.13 crore. The record date for this dividend has been set as January 17, 2025.
In addition, the company recommended a 2:1 bonus issue, where shareholders will receive two new fully paid-up equity shares for every one share they held. The bonus issue will increase the company’s paid-up share capital to Rs. 34.14 crore, up from the current Rs. 11.38 crore. The bonus shares will be issued from the company’s free reserves as of December 15, 2024, and the issue is expected to be completed within two months after shareholder approval.
About the Company
Vantage Knowledge Academy Ltd is an innovative educational institution that specializes in providing a wide range of skill development programs, training solutions, and certifications across various industries. With a strong focus on practical learning, the academy offers cutting-edge courses in fields such as technology, business management, healthcare, and soft skills development.
The company aims to bridge the gap between traditional education and industry demands by equipping students and professionals with the knowledge and competencies needed for career advancement.
Shareholding Pattern
Vantage Knowledge Academy Ltd has a diverse shareholder base, with 3.70 percent of the company held by promoters, while Domestic Institutional Investors (DIIs) hold a small share of 0.01 percent. The majority of the company’s shares, 96.28 percent, are held by the public.
Financials
The company’s revenue rose by 80 percent from Rs 0.7 crore to Rs 1.26 crore in Q2FY24-25. Meanwhile, Net profit gained from Rs 0.28 crores to Rs 0.86 crore during the same period.
Key Financial ratios
Vantage Knowledge Academy Limited has an Return on Equity (RoE) of 12.84 percent and a Return on Capital Employed (RoCE) of 5.77 percent. Furthermore, the company’s debt-to-equity ratio is 1.58.
Written by Sridhar J
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