S Chand and Company Ltd
NSE:SCHAND
S Chand and Company Ltd
S Chand & Co. Ltd. engages in publishing of educational books. The company is headquartered in New Delhi, Delhi. The company went IPO on 2017-05-09. The Company’s operating business segment includes Early Learning, K-12, and Higher Education. The company provides Indian education content which delivers content, solutions, and services across the education lifecycle. K-12 content portfolio is offered to students from ages four through 18 years and includes numerous instructional resources across hundreds of programs, covers all subjects offered in the K-12 segment. Higher education segment includes two components namely test preparation and college and university/technical and professional. Test Preparation provides print content and digital products required by students, instructors and institutions for test preparation in competitive exams, including entrance examinations.
S Chand & Co. Ltd. engages in publishing of educational books. The company is headquartered in New Delhi, Delhi. The company went IPO on 2017-05-09. The Company’s operating business segment includes Early Learning, K-12, and Higher Education. The company provides Indian education content which delivers content, solutions, and services across the education lifecycle. K-12 content portfolio is offered to students from ages four through 18 years and includes numerous instructional resources across hundreds of programs, covers all subjects offered in the K-12 segment. Higher education segment includes two components namely test preparation and college and university/technical and professional. Test Preparation provides print content and digital products required by students, instructors and institutions for test preparation in competitive exams, including entrance examinations.
Revenue Growth: S Chand reported Q2 FY '26 consolidated revenue of INR 493 million, up 32% year-on-year.
Net Cash Position: The company remains net debt-free with a net cash balance of INR 235 million at quarter-end, up from INR 93 million last year.
Profitability: There was an EBITDA loss of INR 601 million and a PAT loss of INR 536 million in Q2.
Guidance Unchanged: Management reiterated that revenue and EBITDA guidance remain unchanged despite evolving market conditions.
Inorganic Growth: S Chand has finalized an acquisition in the international curriculum space, set to close in Q3.
AI & Licensing: AI data sets and content licensing volumes improved, but pricing was lower, impacting gross margin.
Working Capital: Continued focus on reducing working capital days, receivables, and inventory.
Curriculum Updates: Full benefits from the new NCERT curriculum are expected to materialize from next year.
