S Chand And Company Limited — PPTs, 12-02-2026: Investor Presentation

Here's a concise summary of the investor presentation:

1. **Business Performance:** S Chand reported Q3 consolidated revenue of Rs 99 Cr with a PAT loss of Rs 28.7 Cr. For 9MFY26, gross margins moderated due to a higher share of third-party content in licensing revenues.

2. **Growth Drivers or Strategy:** The company aims for content licensing (AI datasets) revenue exceeding Rs 30 Cr in FY26. It anticipates strong growth from new syllabus books based on the National Curriculum Framework (NCF) for FY26-FY27.

3. **Recent Developments:** S Chand completed its first international acquisition of CPD Singapore to expand into the IB curriculum market. Digital investments like Smartivity (16% stake, valued at ~Rs 23 Cr) saw ~60% revenue growth, and ixamBee (4.3% stake) achieved EBITDA and PBT positivity.

4. **Key Financial Metrics:** Inventory days improved significantly to 316 (vs. 366 YoY) and Net Working Capital days to 143 (vs. 152 YoY), both historical Q3 lows. Net Debt reduced YoY to Rs 35.9 Cr.

5. **Management Commentary / Outlook:** Management is confident FY26 operating revenues will surpass Rs 800 Cr with EBITDA margins of 18-20%, maintaining focus on working capital and exploring inorganic growth.