S Chand And Company Limited — PPTs, 23-05-2025: Investor Presentation

1. Financial Highlights:

S Chand posted consolidated revenues of Rs719.7 Cr, up 9% YoY, with gross margins hitting a record 68.2%, rising 12% YoY. EBITDA increased 23% YoY to Rs135 Cr, driven by a 65% jump in operating income to Rs79.8 Cr. PAT grew 18% YoY to Rs60.2 Cr. The company remains debt-free with a net cash position of Rs103.6 Cr and strong operating cash flows at Rs99.9 Cr. Working capital efficiency improved notably, with receivable and net working capital days at all-time lows, supported by a 50%+ reduction in raw material inventory.

2. Strategic Initiatives & Growth Drivers:

Capex of Rs35-40 Cr is planned for FY26-27 to build integrated printing and warehousing units, aiming to boost production quality, efficiency, and speed. New NCERT curriculum launches for four additional classes in FY26 will accelerate K-12 segment growth. Continued focus on CUET prep via the TestCoach app and monetization through AI-enabled platforms drives digital expansion. Working capital and cash flow optimization remain key priorities.

3. Business Developments:

Digital footprint broadened through edu-tech investments in Smartivity and ixamBee, showing valuation gains and operational progress. TestCoach gained 100k+ downloads and 60k+ sign-ups in two months, while the S Chand Academy YouTube channel surpassed 300k subscribers, enhancing digital reach.

4. Market Position & Competitive Advantage:

S Chand leverages a vast content library, strategic alliances, and operational strength to lead the K-12 publishing space. Margin enhancement and working capital discipline highlight scale advantages. The upcoming integrated facility underscores commitment to quality leadership and accelerated market delivery.

5. Investor Implications:

Robust margin expansion, strong cash flows, and a net cash balance reflect solid financial health. NCERT rollouts and digital initiatives point to positive growth potential. Capex execution and integration pace represent risks to watch. Overall, fundamentals suggest a sustainable growth path appealing to retail investors.