
About The Heritage Academy
The Heritage Academy is a publicly listed company based in Kolkata (India) founded in 2007. It offers undergraduate and postgraduate courses in business, IT, and media science. It operates on a B2C model in Education and Technology sectors. The company has 1,454 employees. Its website tha.edu.in draws about 681 thousand monthly visits. Its Indian entity Vikram Solar Limited reported revenue of ₹4,861 Cr. The Heritage Academy offers products and services including Bachelor of Business Administration, Bachelor of Computer Applications, B.Sc. Media Science, B.Sc. in Cyber Security, and M.Sc. Media Science. Its focus areas include Higher Education, Business and Technology, Undergraduate Programs and Media and IT. Its competitors include Indian Institute Of Technology Kharagpur, KIIT, The Open University, IIIT-Delhi and Indian Institute of Technology Roorkee and 2 more.
Company details
The Heritage Academy, established in 2007 by the Kalyan Bharati Trust, delivers higher education through innovative teaching in fields like business administration, computer applications, media science, and cyber security. Located in Kolkata, India, it focuses on practical skills via workshops, seminars, and industry visits, preparing students for professional landscapes with facilities including libraries, labs, and sports. The institution emphasizes student development through co-curricular activities and placements.
- Headquarters Kolkata, India
- Employees 1,454
- Stage Public
- SectorsEducationTechnology
- Email••••••••
- Phone•••• ••••
- Website tha.edu.in
- Social LinkedIn X Facebook YouTube
- Legal Name Vikram Solar Private Limited
- Date of Incorporation 02 Dec, 2005
- Jurisdiction Kolkata, West Bengal, India
- Market Cap₹5,103 Cr
VIKRAMSOLR · NSE
- Share Price₹140.83
-2.20% today
- Revenue₹4,803 Cr
FY 2025-26 · +40.6% YoY
- EBITDA₹910 Cr
Margin 18.9%
- Net Profit₹473 Cr
FY 2025-26 · +240.4% YoY
- P/E (TTM)14.5x
P/B 1.6x
- ROE21.2%
ROCE 29.9%
- Debt / Equity0.20
Interest cover 21.4x
- Employee Count1,454
Associated legal entities of The Heritage Academy
The Heritage Academy is associated with 2 registered companies on The Company Check; the primary company is Vikram Solar Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vikram Solar Limited Listed CIN L18100WB2005PLC106448 | Active | 02 Dec 2005 | Kolkata, West Bengal | ₹4,861 Cr | 1,454 | 11 | View details |
| Vikram Solar Private Limited CIN U18100WB2005PLC106448 | – | 02 Dec 2005 | Kolkata, West Bengal, India | – | – | – | View details |
Products & Services of The Heritage Academy
The Heritage Academy offers a comprehensive portfolio of products and services, including Bachelor of Business Administration, Bachelor of Computer Applications, B.Sc. Media Science, B.Sc. in Cyber Security, and M.Sc. Media Science.
Undergraduate program focusing on business management and skills.
Program for computer applications and technology development.
Degree in media studies and communication techniques.
Course on cyber security and digital protection strategies.
Postgraduate program in advanced media and science applications.
Apps and channels of The Heritage Academy
its YouTube channel The Heritage Group of Institutions has 2.86K subscribers and 30 videos.
Videos from The Heritage Academy
The most watched videos on The Heritage Academy's YouTube channel, The Heritage Group of Institutions (2.86K subscribers). Click a video to play it here.
More on The Heritage Group of Institutions.
Board of directors of Vikram Solar Limited (The Heritage Academy)
Vikram Solar Limited is the primary company behind The Heritage Academy. The board of Vikram Solar Limited currently have 8 directors; the longest-serving is Gyanesh Chaudhary, appointed in 2008. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gyanesh Chaudhary DIN 00060387 | Managing Director | 14 Jul 2008 | 18 yrs 3 mo | Vikram Solar Limited |
| Krishna Kumar Maskara DIN 01677008 | Whole-time director | 01 Jan 2009 | 17 yrs 9 mo | Vikram Solar Limited |
| Ratnabali Kakkar DIN 09167547 | Director | 12 Dec 2021 | 4 yrs 10 mo | Vikram Solar Limited |
| Subramanya Krishnappa DIN 00730656 | Director | 15 Feb 2023 | 3 yrs 8 mo | Vikram Solar Limited |
| Sumit Binani DIN 01113411 | Director | 27 Sep 2024 | 2 yrs | Vikram Solar Limited |
| Joginder Pal Dua DIN 02374358 | Director | 01 Dec 2025 | 10 mo | Vikram Solar Limited |
| Suresh Gopinathan Menon DIN 09721950 | Director | 01 Dec 2025 | 10 mo | Vikram Solar Limited |
| Sameer Nagpal DIN 06599230 | Whole-time director | 07 May 2026 | 5 mo | Vikram Solar Limited |
IPO & Listings of The Heritage Academy
The Heritage Academy is a publicly listed company on the NSE with ticker symbol VIKRAMSOLR in India, operating in the Capital Goods - Electrical Equipment sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onNSE: VIKRAMSOLR
- Listed entityVikram Solar Limited
- Exchange sectorCapital Goods - Electrical Equipment
Financials of The Heritage Academy
Exchange-reported figures of Vikram Solar Limited, the listed company behind The Heritage Academy (NSE: VIKRAMSOLR).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,803 | 3,415 | 2,511 | 2,073 | 1,730 | 1,610 | 1,640 |
| Revenue growth | +40.6% | +36.0% | +21.1% | +19.8% | +7.5% | -1.8% | - |
| EBITDA | 910 | 491 | 387 | 186 | 58.68 | 177 | 140 |
| EBITDA margin | +19.0% | +14.4% | +15.4% | +9.0% | +3.4% | +11.0% | +8.5% |
| Profit before tax | 646 | 216 | 107 | 18.86 | (79.43) | 56.20 | 30.42 |
| Net profit | 473 | 139 | 88.34 | 15.30 | (62.93) | 38.34 | 20.75 |
| Net profit margin | +9.9% | +4.1% | +3.5% | +0.7% | -3.6% | +2.4% | +1.3% |
| EPS (₹) | 12.95 | 4.39 | 3.08 | 0.56 | (2.43) | 16.23 | 8.06 |
| Balance sheet | |||||||
| Total assets | 3,830 | 1,566 | 1,774 | 1,713 | 1,194 | 1,129 | 885 |
| Net worth | 3,173 | 1,257 | 445 | 365 | 351 | 414 | 362 |
| Total debt | 617 | 272 | 854 | 792 | 703 | 672 | 494 |
| Cash & bank | 992 | 180 | 116 | 104 | 136 | 101 | 122 |
| Net working capital | 1,666 | 751 | 1,175 | 990 | 576 | 615 | 465 |
| Cash flow | |||||||
| Cash from operations | 667 | 290 | 152 | 195 | 201 | 12.70 | 227 |
| Cash from investing | (1,808) | (175) | (63.68) | (110) | (155) | (39.61) | (35.97) |
| Cash from financing | 1,120 | (92.33) | (81.03) | (102) | (36.22) | 3.81 | (174) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,563 | 1,453 | 1,106 | 1,110 | 1,134 | 1,194 | 1,026 | 573 |
| Revenue growth (YoY) | +37.9% | +21.7% | +7.8% | +93.7% | +79.7% | - | - | - |
| Other income | 12.62 | 18.20 | 20.23 | 15.90 | 4.20 | 7.54 | 11.79 | 10.52 |
| EBITDA | 126 | 235 | 199 | 235 | 242 | 224 | 84.72 | 72.13 |
| EBITDA margin | +8.1% | +16.1% | +18.0% | +21.2% | +21.4% | +18.7% | +8.3% | +12.6% |
| Depreciation | 64.01 | 57.11 | 36.52 | 34.88 | 33.50 | 42.24 | 39.13 | 37.33 |
| Interest | 49.40 | 56.55 | 40.17 | 31.58 | 32.26 | 48.16 | 27.81 | 33.88 |
| Profit before tax | 25.21 | 139 | 143 | 184 | 181 | 141 | 29.57 | 11.44 |
| Tax | 5.44 | 28.63 | 44.69 | 55.97 | 47.26 | 50.24 | 10.55 | 4.08 |
| Net profit | 19.77 | 110 | 98.13 | 128 | 133 | 90.62 | 19.02 | 7.36 |
| EPS (₹) | 0.54 | 3.03 | 2.70 | 3.82 | 4.20 | 2.98 | 0.69 | 0.25 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,803 | 3,415 | 2,441 | 2,006 | 1,700 | 1,577 | 1,520 |
| Revenue growth | +40.6% | +39.9% | +21.7% | +18.0% | +7.9% | +3.8% | - |
| EBITDA | 910 | 491 | 380 | 182 | 53.13 | 174 | 117 |
| EBITDA margin | +19.0% | +14.4% | +15.6% | +9.1% | +3.1% | +11.1% | +7.7% |
| Profit before tax | 646 | 216 | 100 | 14.61 | (84.84) | 53.77 | 9.52 |
| Net profit | 473 | 139 | 74.57 | 13.54 | (60.13) | 37.14 | 6.00 |
| Net profit margin | +9.9% | +4.1% | +3.1% | +0.7% | -3.5% | +2.4% | +0.4% |
| EPS (₹) | 12.95 | 4.39 | 2.58 | 0.49 | (2.32) | 15.78 | 2.16 |
| Balance sheet | |||||||
| Total assets | 3,830 | 1,566 | 1,788 | 1,729 | 1,209 | 1,153 | 977 |
| Net worth | 3,173 | 1,257 | 460 | 388 | 367 | 424 | 378 |
| Total debt | 617 | 272 | 854 | 788 | 703 | 672 | 494 |
| Cash & bank | 992 | 180 | 115 | 90.10 | 122 | 80.73 | 120 |
| Net working capital | 1,666 | 751 | 1,188 | 999 | 566 | 618 | 535 |
| Cash flow | |||||||
| Cash from operations | 667 | 290 | 170 | 173 | 207 | 18.94 | 231 |
| Cash from investing | (1,808) | (175) | (82.02) | (88.70) | (157) | (50.76) | (37.89) |
| Cash from financing | 1,120 | (92.33) | (81.03) | (100) | (36.22) | 5.39 | (174) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,536 | 1,453 | 1,106 | 1,110 | 1,135 | 1,183 | 1,027 | 574 |
| Revenue growth (YoY) | +35.3% | +22.8% | +7.7% | +93.5% | +79.7% | - | - | - |
| Other income | 12.54 | 18.37 | 20.06 | 15.76 | 4.24 | 4.75 | 14.28 | 10.24 |
| Total expenses | 1,411 | 1,218 | 908 | 876 | 891 | 972 | 939 | 496 |
| EBITDA | 125 | 235 | 198 | 234 | 244 | 211 | 87.35 | 77.68 |
| EBITDA margin | +8.1% | +16.1% | +17.9% | +21.1% | +21.5% | +17.9% | +8.5% | +13.5% |
| Depreciation | 63.99 | 57.10 | 36.51 | 34.88 | 33.50 | 42.24 | 39.13 | 37.32 |
| Interest | 49.34 | 56.48 | 40.13 | 31.55 | 32.25 | 45.23 | 29.99 | 33.79 |
| Profit before tax | 24.21 | 139 | 141 | 184 | 182 | 129 | 32.51 | 16.81 |
| Tax | 5.48 | 29.33 | 44.74 | 55.49 | 47.88 | 45.89 | 11.59 | 5.99 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,563 | 1,453 | 1,106 | 1,110 | 1,134 | 1,194 | 1,026 | 573 |
| Revenue growth (YoY) | +37.9% | +21.7% | +7.8% | +93.7% | +79.7% | - | - | - |
| Other income | 12.62 | 18.20 | 20.23 | 15.90 | 4.20 | 7.54 | 11.79 | 10.52 |
| EBITDA | 126 | 235 | 199 | 235 | 242 | 224 | 84.72 | 72.13 |
| EBITDA margin | +8.1% | +16.1% | +18.0% | +21.2% | +21.4% | +18.7% | +8.3% | +12.6% |
| Depreciation | 64.01 | 57.11 | 36.52 | 34.88 | 33.50 | 42.24 | 39.13 | 37.33 |
| Interest | 49.40 | 56.55 | 40.17 | 31.58 | 32.26 | 48.16 | 27.81 | 33.88 |
| Profit before tax | 25.21 | 139 | 143 | 184 | 181 | 141 | 29.57 | 11.44 |
| Tax | 5.44 | 28.63 | 44.69 | 55.97 | 47.26 | 50.24 | 10.55 | 4.08 |
| Net profit | 19.77 | 110 | 98.13 | 128 | 133 | 90.62 | 19.02 | 7.36 |
| EPS (₹) | 0.54 | 3.03 | 2.70 | 3.82 | 4.20 | 2.98 | 0.69 | 0.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,803 | 3,415 | 2,511 | 2,073 | 1,730 | 1,610 | 1,640 |
| Revenue growth | +40.6% | +36.0% | +21.1% | +19.8% | +7.5% | -1.8% | - |
| Other income | 58.43 | 36.22 | 12.97 | 18.68 | 12.74 | 17.46 | 22.29 |
| Total expenses | 3,893 | 2,925 | 2,124 | 1,887 | 1,672 | 1,433 | 1,500 |
| Employee cost | 156 | 117 | 96.29 | 91.21 | 109 | 87.07 | 92.46 |
| EBITDA | 910 | 491 | 387 | 186 | 58.68 | 177 | 140 |
| EBITDA margin | +19.0% | +14.4% | +15.4% | +9.0% | +3.4% | +11.0% | +8.5% |
| Depreciation | 162 | 156 | 138 | 63.94 | 47.98 | 38.83 | 36.77 |
| Interest | 160 | 155 | 155 | 122 | 103 | 99.48 | 94.97 |
| Profit before tax | 646 | 216 | 107 | 18.86 | (79.43) | 56.20 | 30.42 |
| Tax | 177 | 77.06 | 27.57 | 4.39 | (16.50) | 18.00 | 7.92 |
| Net profit | 473 | 139 | 88.34 | 15.30 | (62.93) | 38.34 | 20.75 |
| Net profit margin | +9.9% | +4.1% | +3.5% | +0.7% | -3.6% | +2.4% | +1.3% |
| EPS (₹) | 12.95 | 4.39 | 3.08 | 0.56 | (2.43) | 16.23 | 8.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 362 | 317 | 259 | 259 | 259 | 23.53 | 27.93 |
| Reserves & surplus | 2,811 | 941 | 187 | 106 | 92.46 | 391 | 334 |
| Shareholders' funds (net worth) | 3,173 | 1,257 | 445 | 365 | 351 | 414 | 362 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 100 | 231 | 626 | 599 | 618 | 536 | 445 |
| Unsecured loans | 517 | 41.27 | 228 | 193 | 84.87 | 136 | 49.41 |
| Total debt | 617 | 272 | 854 | 792 | 703 | 672 | 494 |
| Total liabilities | 3,830 | 1,566 | 1,774 | 1,713 | 1,194 | 1,129 | 885 |
| Assets | |||||||
| Gross block | 1,787 | 1,079 | 899 | 902 | 748 | 532 | 465 |
| Net block | 1,079 | 534 | 505 | 644 | 547 | 381 | 357 |
| Capital work in progress | 18.93 | 13.66 | 27.81 | 17.77 | 3.57 | 66.55 | 10.91 |
| Investments | 742 | 119 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 815 | 429 | 393 | 373 | 265 | 193 | 227 |
| Sundry debtors | 1,214 | 1,228 | 1,185 | 959 | 917 | 736 | 532 |
| Cash & bank balances | 992 | 180 | 116 | 104 | 136 | 101 | 122 |
| Loans & advances | 354 | 145 | 284 | 317 | 301 | 236 | 264 |
| Total current assets | 3,375 | 1,982 | 1,978 | 1,753 | 1,619 | 1,266 | 1,144 |
| Total current liabilities | 1,709 | 1,231 | 804 | 763 | 1,043 | 650 | 680 |
| Net working capital | 1,666 | 751 | 1,175 | 990 | 576 | 615 | 465 |
| Total assets | 3,830 | 1,566 | 1,774 | 1,713 | 1,194 | 1,129 | 885 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 30.67 | 8.45 | 1.63 | 18.87 | 8.59 | 31.68 | 15.20 |
| Net cash from operating activities | 667 | 290 | 152 | 195 | 201 | 12.70 | 227 |
| Net cash from investing activities | (1,808) | (175) | (63.68) | (110) | (155) | (39.61) | (35.97) |
| Net cash from financing activities | 1,120 | (92.33) | (81.03) | (102) | (36.22) | 3.81 | (174) |
| Net change in cash | (20.77) | 22.23 | 7.32 | (17.24) | 10.28 | (23.09) | 16.48 |
| Closing cash | 992 | 180 | 116 | 104 | 136 | 101 | 122 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +40.6% | +36.0% | +21.1% | +19.8% | +7.5% | -1.8% | - |
| EBITDA growth | +85.6% | +26.8% | +107.8% | +217.3% | -66.9% | +26.6% | - |
| PBT growth | +199.1% | +101.5% | +468.7% | +9998.0% | - | +84.8% | +9997.0% |
| Net income growth | +240.4% | +57.4% | +477.4% | +124.3% | -264.1% | +84.8% | - |
| Revenue CAGR (3Y) | +32.3% | +25.4% | +16.0% | +8.1% | - | - | - |
| EBITDA CAGR (3Y) | +69.7% | +103.0% | +29.8% | +10.0% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +9.8% | +4.1% | +3.2% | +0.7% | -3.6% | +2.4% | +1.4% |
| Return on capital employed | +29.9% | +22.2% | +15.7% | +9.7% | +2.0% | +15.5% | +14.2% |
| Return on net worth | +21.2% | +16.3% | +21.8% | +4.0% | -16.4% | +9.8% | +6.2% |
| Debt / equity | 0.20 | 0.66 | 2.03 | 2.09 | 1.80 | 1.50 | 1.37 |
| Long-term debt / equity | 0.12 | 0.16 | 0.41 | 0.50 | 0.48 | 0.48 | 0.52 |
| Interest cover | 21.43 | 46.23 | 62.12 | 99.85 | 961.40 | 71.97 | 92.11 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.35 | 3.45 | 2.79 | 2.51 | 2.70 | 3.23 | 3.53 |
| Inventory turnover | 7.72 | 8.31 | 6.55 | 6.50 | 7.56 | 7.68 | 7.24 |
| Debtors turnover | 3.93 | 2.83 | 2.34 | 2.21 | 2.09 | 2.54 | 3.08 |
| EPS (₹) | 12.95 | 4.39 | 3.08 | 0.56 | (2.43) | 16.23 | 8.06 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 87.57 | 39.72 | 17.21 | 14.11 | 13.57 | 176.12 | 129.57 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,536 | 1,453 | 1,106 | 1,110 | 1,135 | 1,183 | 1,027 | 574 |
| Revenue growth (YoY) | +35.3% | +22.8% | +7.7% | +93.5% | +79.7% | - | - | - |
| Other income | 12.54 | 18.37 | 20.06 | 15.76 | 4.24 | 4.75 | 14.28 | 10.24 |
| Total expenses | 1,411 | 1,218 | 908 | 876 | 891 | 972 | 939 | 496 |
| EBITDA | 125 | 235 | 198 | 234 | 244 | 211 | 87.35 | 77.68 |
| EBITDA margin | +8.1% | +16.1% | +17.9% | +21.1% | +21.5% | +17.9% | +8.5% | +13.5% |
| Depreciation | 63.99 | 57.10 | 36.51 | 34.88 | 33.50 | 42.24 | 39.13 | 37.32 |
| Interest | 49.34 | 56.48 | 40.13 | 31.55 | 32.25 | 45.23 | 29.99 | 33.79 |
| Profit before tax | 24.21 | 139 | 141 | 184 | 182 | 129 | 32.51 | 16.81 |
| Tax | 5.48 | 29.33 | 44.74 | 55.49 | 47.88 | 45.89 | 11.59 | 5.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,803 | 3,415 | 2,441 | 2,006 | 1,700 | 1,577 | 1,520 |
| Revenue growth | +40.6% | +39.9% | +21.7% | +18.0% | +7.9% | +3.8% | - |
| Other income | 58.43 | 36.22 | 15.26 | 20.13 | 12.82 | 17.69 | 24.58 |
| Total expenses | 3,893 | 2,925 | 2,061 | 1,825 | 1,647 | 1,402 | 1,403 |
| Employee cost | 156 | 117 | 90.07 | 83.66 | 96.94 | 75.81 | 78.83 |
| EBITDA | 910 | 491 | 380 | 182 | 53.13 | 174 | 117 |
| EBITDA margin | +19.0% | +14.4% | +15.6% | +9.1% | +3.1% | +11.1% | +7.7% |
| Depreciation | 162 | 156 | 138 | 63.92 | 47.92 | 38.75 | 36.72 |
| Interest | 160 | 155 | 157 | 123 | 103 | 99.45 | 94.89 |
| Profit before tax | 646 | 216 | 100 | 14.61 | (84.84) | 53.77 | 9.52 |
| Tax | 177 | 77.06 | 33.43 | 1.92 | (24.71) | 16.63 | 3.48 |
| Net profit | 473 | 139 | 74.57 | 13.54 | (60.13) | 37.14 | 6.00 |
| Net profit margin | +9.9% | +4.1% | +3.1% | +0.7% | -3.5% | +2.4% | +0.4% |
| EPS (₹) | 12.95 | 4.39 | 2.58 | 0.49 | (2.32) | 15.78 | 2.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 362 | 317 | 259 | 259 | 259 | 23.53 | 27.93 |
| Reserves & surplus | 2,811 | 941 | 202 | 129 | 108 | 401 | 350 |
| Shareholders' funds (net worth) | 3,173 | 1,257 | 460 | 388 | 367 | 424 | 378 |
| Secured loans | 100 | 231 | 626 | 599 | 618 | 536 | 445 |
| Unsecured loans | 517 | 41.27 | 228 | 189 | 84.87 | 136 | 49.41 |
| Total debt | 617 | 272 | 854 | 788 | 703 | 672 | 494 |
| Total liabilities | 3,830 | 1,566 | 1,788 | 1,729 | 1,209 | 1,153 | 977 |
| Assets | |||||||
| Gross block | 1,787 | 1,079 | 882 | 881 | 739 | 528 | 464 |
| Net block | 1,079 | 534 | 493 | 627 | 542 | 381 | 356 |
| Capital work in progress | 18.93 | 13.66 | 12.67 | 8.03 | 3.57 | 66.55 | 10.91 |
| Investments | 742 | 119 | 43.61 | 34.94 | 30.97 | 27.64 | 28.20 |
| Inventories | 815 | 429 | 388 | 339 | 260 | 192 | 226 |
| Sundry debtors | 1,214 | 1,228 | 1,181 | 959 | 899 | 727 | 517 |
| Cash & bank balances | 992 | 180 | 115 | 90.10 | 122 | 80.73 | 120 |
| Loans & advances | 354 | 145 | 296 | 327 | 299 | 234 | 256 |
| Total current assets | 3,375 | 1,982 | 1,980 | 1,715 | 1,579 | 1,234 | 1,119 |
| Total current liabilities | 1,709 | 1,231 | 792 | 716 | 1,014 | 616 | 584 |
| Net working capital | 1,666 | 751 | 1,188 | 999 | 566 | 618 | 535 |
| Total assets | 3,830 | 1,566 | 1,788 | 1,729 | 1,209 | 1,153 | 977 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 30.67 | 8.45 | 1.01 | 16.82 | 3.07 | 29.50 | 10.76 |
| Net cash from operating activities | 667 | 290 | 170 | 173 | 207 | 18.94 | 231 |
| Net cash from investing activities | (1,808) | (175) | (82.02) | (88.70) | (157) | (50.76) | (37.89) |
| Net cash from financing activities | 1,120 | (92.33) | (81.03) | (100) | (36.22) | 5.39 | (174) |
| Net change in cash | (20.77) | 22.23 | 7.44 | (15.82) | 13.75 | (26.43) | 18.74 |
| Closing cash | 992 | 180 | 115 | 90.10 | 122 | 80.73 | 120 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +40.6% | +39.9% | +21.7% | +18.0% | +7.9% | +3.8% | - |
| EBITDA growth | +85.6% | +29.1% | +109.1% | +242.3% | -69.5% | +49.5% | - |
| PBT growth | +199.1% | +115.6% | +586.0% | +9998.0% | - | +464.8% | +9997.0% |
| Net income growth | +240.4% | +86.5% | +450.7% | +122.5% | -261.9% | +519.0% | - |
| Revenue CAGR (3Y) | +33.8% | +26.2% | +15.7% | +9.7% | - | - | - |
| EBITDA CAGR (3Y) | +71.1% | +109.8% | +29.7% | +16.0% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +9.8% | +4.1% | +2.7% | +0.6% | -3.5% | +2.4% | +0.4% |
| Return on capital employed | +29.9% | +22.1% | +15.3% | +9.4% | +1.5% | +14.4% | +10.8% |
| Return on net worth | +21.2% | +16.2% | +17.6% | +3.4% | -15.2% | +9.3% | +1.7% |
| Debt / equity | 0.20 | 0.66 | 1.94 | 1.98 | 1.74 | 1.45 | 1.44 |
| Long-term debt / equity | 0.12 | 0.15 | 0.38 | 0.58 | 0.57 | 0.47 | 0.53 |
| Interest cover | 21.43 | 46.23 | 64.91 | 104.68 | 1,974.47 | 73.38 | 118.87 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.35 | 3.48 | 2.77 | 2.48 | 2.68 | 3.18 | 3.49 |
| Inventory turnover | 7.72 | 8.36 | 6.71 | 6.70 | 7.54 | 7.56 | 7.04 |
| Debtors turnover | 3.93 | 2.83 | 2.28 | 2.16 | 2.09 | 2.54 | 2.87 |
| EPS (₹) | 12.95 | 4.39 | 2.58 | 0.49 | (2.32) | 15.78 | 2.16 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 87.57 | 39.72 | 17.79 | 14.97 | 14.17 | 180.35 | 135.29 |
Competitors of The Heritage Academy
The Heritage Academy has 7 listed competitors in our database. They include Indian Institute Of Technology Kharagpur, KIIT, The Open University, IIIT-Delhi and Indian Institute of Technology Roorkee, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iitkgp.ac.in | 1951 | Kharagpur, India | – | 59 | Academic programs in engineering, technology, and research are provided. | |
| kiit.ac.in | 1992 | Bhubaneswar, India | – | 429 | Multiple undergraduate and postgraduate programs are offered in diverse fields. | |
| open.ac.uk | 1969 | Milton Keynes, United Kingdom | – | – | Multiple courses and degrees are offered across diversified academic streams. | |
| iiitd.ac.in | 2008 | Delhi, India | – | – | Degrees in information technology and computer science are offered. | |
| iitr.ac.in | 1847 | Roorkee, India | – | 21 | College offering multiple courses and degrees | |
| siu.edu.in | 1971 | Pune, India | – | – | Multiple undergraduate and postgraduate courses are offered across diversified streams. | |
| amity.edu | 1995 | Noida, India | – | 223 | University offering UG & PG courses across medical, IT, and other streams |
Detailed competitors of The Heritage Academy
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Web traffic of The Heritage Academy
The website of The Heritage Academy (tha.edu.in) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with The Heritage Academy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for The Heritage Academy
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Top companies in Higher & Specialized Education
10 companies that operate in the same segment as The Heritage Academy (Higher & Specialized Education), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Lives are transformed through education by Laureate Education globally. | 1998 | Baltimore, Maryland, United States | USD 150 M | USD 1.7 B | 31,800 | |
MIT is recognized as a leading institution for education and research. | 1861 | United States | – | – | – | |
Various courses and degrees are offered across multiple academic streams. | 1868 | United States | – | – | – | |
Undergraduate, graduate, and professional programs are offered in diverse fields. | 1865 | United States | – | – | 13,969 | |
Higher education and research in science and engineering are offered. | 1891 | United States | – | – | – | |
Multiple courses and degrees are offered across diversified streams. | 2013 | Delhi, Delhi, India | USD 62.53 M | USD 43.95 M | 210 | |
University offering multiple UG & PG programs in engineering, business, science, and humanities stream | 1991 | Singapore, Singapore | – | – | – | |
Educational support for abroad college selection and preparation is offered. | 2019 | Bengaluru, Karnataka, India | USD 152.5 M | USD 75.54 M | – | |
Multiple courses and degrees are offered across diversified academic streams. | 1907 | London, England, United Kingdom | – | – | – | |
University offering degrees in medicine, dentistry & foundation in science | 2001 | Bengaluru, Karnataka, India | USD 379.89 M | USD 79 M | 366 |
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Related news about The Heritage Academy
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Frequently Asked Questions about The Heritage Academy
The Heritage Academy was founded in 2007.
The Heritage Academy is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The Heritage Academy has 1,454 employees.
The primary company behind The Heritage Academy, Vikram Solar Limited, reported revenue of ₹4,861 Cr for FY 2026, up 41% year on year.
The Heritage Academy, established in 2007 by the Kalyan Bharati Trust, delivers higher education through innovative teaching in fields like business administration, computer applications, media science, and cyber security. Located in Kolkata, India, it focuses on practical skills via workshops, seminars, and industry visits, preparing students for professional landscapes with facilities including libraries, labs, and sports. The institution emphasizes student development through co-curricular activities and placements.
The Heritage Academy's top competitors include Indian Institute Of Technology Kharagpur, IIIT-Delhi and The Open University.
The Heritage Academy offers Bachelor of Business Administration, Bachelor of Computer Applications, B.Sc. Media Science, B.Sc. in Cyber Security, and M.Sc. Media Science.
Yes, The Heritage Academy is publicly traded on NSE under the ticker symbol VIKRAMSOLR.
The Heritage Academy operates through Vikram Solar Limited.
The legal entities of The Heritage Academy currently have 10 directors, including Krishna Kumar Maskara, Joginder Pal Dua, Ratnabali Kakkar and others.
The website of The Heritage Academy receives about 681 thousand visits a month.
