Printing & Publication
Valuation | |
|---|---|
| Market Cap | 570.16 Cr |
| Price/Earnings (Trailing) | 11.12 |
| Price/Sales (Trailing) | 0.77 |
| EV/EBITDA | 4.84 |
| Price/Free Cashflow | 8.34 |
| MarketCap/EBT | 7.82 |
| Enterprise Value | 624.8 Cr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 1.1% |
| Price Change 1M | -1.4% |
| Price Change 6M | -19% |
| Price Change 1Y | -15.6% |
| 3Y Cumulative Return | -1.9% |
| 5Y Cumulative Return | 19.4% |
| 7Y Cumulative Return | -4.3% |
Cash Flow & Liquidity |
|---|
| Revenue (TTM) |
| 737.99 Cr |
| Rev. Growth (Yr) | 30.6% |
| Earnings (TTM) | 48.33 Cr |
| Earnings Growth (Yr) | -1.6% |
Profitability | |
|---|---|
| Operating Margin | 10% |
| EBT Margin | 10% |
| Return on Equity | 5.32% |
| Return on Assets | 4.18% |
| Free Cashflow Yield | 11.99% |
| Cash Flow from Investing (TTM) | -49.49 Cr |
| Cash Flow from Operations (TTM) | 99.89 Cr |
| Cash Flow from Financing (TTM) | -75.22 Cr |
| Cash & Equivalents | 33.33 Cr |
| Free Cash Flow (TTM) | 75.22 Cr |
| Free Cash Flow/Share (TTM) | 21.34 |
Balance Sheet | |
|---|---|
| Total Assets | 1.16 kCr |
| Total Liabilities | 247.87 Cr |
| Shareholder Equity | 908.99 Cr |
| Current Assets | 456.3 Cr |
| Current Liabilities | 183.32 Cr |
| Net PPE | 92.42 Cr |
| Inventory | 156.47 Cr |
| Goodwill | 332.52 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.08 |
| Debt/Equity | 0.1 |
| Interest Coverage | 4.57 |
| Interest/Cashflow Ops | 8.79 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 7 |
| Dividend Yield | 4.2% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | 0.60% |
Dividend: Pays a strong dividend yield of 4.2%.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money is losing interest in the stock.
Size: It is a small market cap company and can be volatile.
Past Returns: Underperforming stock! In past three years, the stock has provided -1.9% return compared to 13.2% by NIFTY 50.
Dividend: Pays a strong dividend yield of 4.2%.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money is losing interest in the stock.
Size: It is a small market cap company and can be volatile.
Past Returns: Underperforming stock! In past three years, the stock has provided -1.9% return compared to 13.2% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 4.2% |
| Dividend/Share (TTM) | 7 |
| Shares Dilution (1Y) | 0.10% |
| Earnings/Share (TTM) | 14.54 |
Financial Health | |
|---|---|
| Current Ratio | 2.49 |
| Debt/Equity | 0.1 |
Technical Indicators | |
|---|---|
| RSI (14d) | 60.43 |
| RSI (5d) | 62.65 |
| RSI (21d) | 45.37 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of S Chand And Co.'s latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q2 FY26 earnings call of S Chand and Company Limited, management provided an optimistic outlook, particularly in light of developments in the K-12 education sector. The company expects full adoption of the new NCERT syllabus books for Classes K-12 by FY27, which will bolster their market position over the next two sales seasons. They have also established partnerships with various entities to enhance content and licensing offerings, thereby expanding their catalogue and reaching a wider school audience.
Management emphasized the shift in content licensing revenue, which saw increased billing in Q2 compared to the previous year. In terms of financial performance, the company reported consolidated revenues of Rs493 million, reflecting a 32% increase year-on-year. However, they also noted an EBITDA loss of Rs601 million and a PAT loss of Rs536 million, primarily due to variations in gross margins arising from content licensing.
A forward-looking point from management includes their efforts to maintain lower working capital metrics. They reported being net debt-free with a cash balance of Rs235 million, up from Rs93 million year-on-year. This is significant as it comes even after distributing a dividend of Rs141 million in the first half of the fiscal year. Furthermore, management indicated ongoing investments in their AI Datasets business, projecting revenues of Rs25 crore for the year.
In addition, management disclosed plans for an upcoming acquisition in the international curriculum space, estimated at around US$1.5 million, positioning them to tap into a growing segment of international schools in India.
Overall, while navigating a challenging revenue landscape, management maintains a cautious yet proactive stance, focusing on sustainable growth, cash generation, and strategic expansions in their portfolio.
Understand S Chand And Co. ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Neerja Jhunjhnuwala | 22.68% |
| Himanshu Gupta | 16.99% |
| Srinivasan Varadarajan | 4.57% |
| Savita Gupta | 3.45% |
| The Miri Strategic Emerging Markets Fund Lp | 2.76% |
| Ankita Gupta | 2.59% |
| Blue Daimond Properties Pvt Ltd | 1.99% |
Detailed comparison of S Chand And Co. against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Comprehensive comparison against sector averages
SCHAND metrics compared to Printing
| Category | SCHAND | Printing |
|---|---|---|
| PE | 11.12 | 48.58 |
| PS | 0.77 | 1.99 |
| Growth | 9.8 % | -29.2 % |
S Chand And Company Limited, an education content company, engages in publishing and sale of books in India. It develops and delivers educational materials, including school books, higher academic books, competition and reference books, technical and professional books, and children books. The company provides instructional resources to students from ages four through eighteen years under S Chand, Madhubun, Saraswati, Chhaya, and IPP brands; test preparation, and college and university/technical and professional content under S Chand and Vikas brand names; early learning content for 0-4 years of age under BPI, Smartivity, and Risekids brands; and digital and interactive content. It also offers digital platforms and services, such as Destination Success, Intellitab, Mystudygear, Ignitor, Flipclass, S Chand Academy, TestCoach, Mylestone, Solid Steps, Madhubun Educate360, SmartK, and Learnflix. In addition, the company exports its printed content to approximately 15 countries and digital content to countries in Asia, the Middle East, Africa, and internationally. Further, it provides its products to the end consumers through distributors, retailers, and online sales platforms. S Chand And Company Limited was incorporated in 1970 and is based in New Delhi, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
SCHAND vs Printing (2021 - 2026)
Question 1: "You mentioned last time that we are looking for some acquisitions for inorganic growth. So, is there any progress on that front? And if we are looking for companies, what kind of profile will the company have?"
Answer: Yes, we have finalized one acquisition in the international curriculum space, expected to be completed in Q3.
Question 2: "Any idea about the amount or quantum that we'll be spending for this acquisition?"
Answer: The acquisition is around US$1.5 million. We might use some debt, although we have cash, as foreign currency debt is typically easier.
Question 3: "Regarding the NCERT digital form books, what kind of impact will it have on our revenue stream? And is there any change in guidance?"
Answer: The guidance remains unchanged. Physical availability is still pending, but once all books are available, clarity in the market should improve.
Question 4: "How do you see raw material pricing heading? Will there be any impact on our expenses?"
Answer: Raw material prices are slightly lower, around 5% down, but increased GST from 12% to 18% offsets this. Therefore, there's no positive impact from reduced pricing.
Question 5: "Could you explain the structure of our content licensing business and why is it lumpy?"
Answer: The licensing deals vary based on customer needs, leading to changes in timing and demand. It's a new business, making it challenging to have predictable revenues quarter-to-quarter.
Question 6: "What percentage of deals are perpetual versus limited duration?"
Answer: Last year it was 50-50. This year, 25% are renewals and 75% are perpetual.
Question 7: "What is the viability and sustainability of the licensing business over the long term?"
Answer: While I can't predict the future relevancy of AI, we see evolving requirements. Our focus is on upgrading datasets to remain relevant as data needs change.
Question 8: "What is the current growth outlook for the AI datasets business?"
Answer: Last year we recorded about Rs19.5 crores. This year, we expect around Rs25 crores, but it could change significantly with larger deals.
Question 9: "Can you provide insights on the financials of your investee companies, Smartivity and ixamBee?"
Answer: We hold 15% in Smartivity and 3-4% in ixamBee. There are no imminent divestments planned for the next two years unless significant liquidity events occur.
Question 10: "How will the NCERT curriculum impact our performance in the coming years?"
Answer: The staggered release has caused delays in benefits. We expect improvements this year, with substantial impact likely in 2027.
| Zen Securities Ltd | 1.25% |
| Dinesh Kumar jhunjhnuwala | 1.1% |
| Gaurav Kumar Jhunjhnuwala | 0.17% |
| Shaara IT Services Private Limited | 0% |
| S. Chand Hotels Private Limited | 0% |
| SC Hotel Tourist Deluxe Private Limited | 0% |
| Parampara Constructions Private Limited | 0% |
| Sky Warehousing Private Limited | 0% |
| Omni Outsourcing Private Limited | 0% |
| Amenity Sports Academy Private Limited | 0% |
| Indohind International Trade & Industries Private Limited | 0% |
| S Chand Properties Private Limited | 0% |
| Hotel Tourist | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| 123 |
| 125 |
| 285 |
| 133 |
| 107 |
| 115 |
| Profit Before exceptional items and Tax | -274.2% | -70.93 | -18.22 | 193 | -31.11 | -67.58 | -1.63 |
| Total profit before tax | -274.2% | -70.93 | -18.22 | 193 | -31.11 | -67.58 | -1.63 |
| Current tax | -2400% | -0.75 | 0.93 | 22 | 4.52 | -3.74 | 1.81 |
| Deferred tax | -189.3% | -16.59 | -5.08 | 29 | -10.06 | -11.07 | -0.45 |
| Total tax | -256.1% | -17.34 | -4.15 | 52 | -5.54 | -14.81 | 1.36 |
| Total profit (loss) for period | -262.2% | -53.59 | -14.07 | 142 | -25.57 | -52.77 | -2.99 |
| Other comp. income net of taxes | -173% | -0.01 | 0.63 | -0.85 | 0.2 | -0.53 | 0.46 |
| Total Comprehensive Income | -278.1% | -53.6 | -13.44 | 141 | -25.37 | -53.3 | -2.54 |
| Earnings Per Share, Basic | -234.6% | -14.96 | -3.77 | 40.26 | -6.99 | -14.67 | -0.58 |
| Earnings Per Share, Diluted | -234.6% | -14.96 | -3.77 | 40.23 | -6.99 | -14.67 | -0.58 |
| 24.6% |
| 72 |
| 58 |
| 51 |
| 41 |
| 34 |
| 45 |
| Finance costs | -55.6% | 6.33 | 13 | 8.97 | 12 | 16 | 15 |
| Depreciation and Amortization | 0% | 12 | 12 | 8.68 | 8.11 | 8.87 | 9.09 |
| Other expenses | 11.6% | 78 | 70 | 56 | 46 | 42 | 65 |
| Total Expenses | 11.6% | 279 | 250 | 222 | 177 | 161 | 202 |
| Profit Before exceptional items and Tax | 150% | 31 | 13 | 36 | 12 | 3.7 | -35.4 |
| Exceptional items before tax | -330% | -8.89 | -1.3 | -15.28 | 0 | -0.5 | -10.26 |
| Total profit before tax | 90.9% | 22 | 12 | 21 | 12 | 3.2 | -45.66 |
| Current tax | 127.1% | 4.91 | -13.43 | 5.9 | -0.45 | 0 | 0 |
| Deferred tax | -92% | 1.72 | 10 | 0.7 | 3.31 | 0.98 | -5.93 |
| Total tax | 236.7% | 6.63 | -3.12 | 6.6 | 2.86 | 0.98 | -5.93 |
| Total profit (loss) for period | 7.1% | 16 | 15 | 15 | 8.87 | 2.22 | -39.73 |
| Other comp. income net of taxes | 7.3% | -0.4 | -0.51 | -1.19 | 0.31 | 0.7 | -0.41 |
| Total Comprehensive Income | 7.7% | 15 | 14 | 13 | 9.18 | 2.92 | -40.14 |
| Earnings Per Share, Basic | 8.4% | 4.47 | 4.2 | 4.14 | 2.53 | 0.64 | -11.36 |
| Earnings Per Share, Diluted | 8.1% | 4.46 | 4.2 | 4.13 | 2.53 | 0.64 | -11.36 |
| 0.69 |
| 0.2 |
| 0 |
| 0 |
| 1.05 |
| 1.01 |
| Goodwill | - | 0 | 0 | 0 | 0 | 3.06 | 0 |
| Non-current investments | 0% | 576 | 576 | 627 | 627 | 689 | 617 |
| Loans, non-current | -30.6% | 26 | 37 | 35 | 33 | 15 | 15 |
| Total non-current financial assets | -3.6% | 636 | 660 | 664 | 662 | 705 | 632 |
| Total non-current assets | -0.6% | 771 | 776 | 785 | 777 | 833 | 705 |
| Total assets | -5.2% | 969 | 1,022 | 958 | 1,036 | 1,039 | 961 |
| Borrowings, non-current | -29.8% | 1.73 | 2.04 | 2.25 | 3.24 | 4.74 | 6.07 |
| Total non-current financial liabilities | 365.9% | 14 | 3.79 | 4.3 | 4.81 | 7.15 | 7.46 |
| Provisions, non-current | 8.5% | 6.9 | 6.44 | 6.22 | 5.52 | 4.6 | 3.69 |
| Total non-current liabilities | 122.2% | 21 | 10 | 11 | 10 | 12 | 11 |
| Borrowings, current | 19.1% | 57 | 48 | 46 | 60 | 124 | 58 |
| Total current financial liabilities | -21.4% | 115 | 146 | 105 | 166 | 188 | 130 |
| Provisions, current | 0% | 0.31 | 0.31 | 0.11 | 0.11 | 0.23 | 0.23 |
| Current tax liabilities | -166.7% | 0.8 | 1.3 | 0 | 0 | 0 | 3.23 |
| Total current liabilities | -22.4% | 119 | 153 | 110 | 172 | 190 | 139 |
| Total liabilities | -14.2% | 140 | 163 | 121 | 182 | 202 | 150 |
| Equity share capital | 0% | 18 | 18 | 18 | 18 | 18 | 18 |
| Total equity | -3.5% | 829 | 859 | 837 | 853 | 837 | 811 |
| Total equity and liabilities | -5.2% | 969 | 1,022 | 958 | 1,036 | 1,039 | 961 |
| 0.27 |
| 0.09 |
| 0.16 |
| 0.45 |
| - |
| - |
| Net Cashflows from Operations | -34% | 32 | 48 | 25 | 42 | - | - |
| Income taxes paid (refund) | 3% | 3.77 | 3.69 | 1.23 | -1.04 | - | - |
| Net Cashflows From Operating Activities | -37.2% | 28 | 44 | 24 | 44 | - | - |
| Cashflows used in obtaining control of subsidiaries | 534% | 4.17 | 1.5 | 0 | -3.63 | - | - |
| Proceeds from sales of PPE | -78% | 0.11 | 0.5 | 0.16 | 1.23 | - | - |
| Purchase of property, plant and equipment | 44.2% | 12 | 8.63 | 11 | 3.35 | - | - |
| Proceeds from sales of investment property | - | 0 | 0 | 0 | 9.5 | - | - |
| Purchase of investment property | - | 0 | 0 | 0 | 15 | - | - |
| Dividends received | - | 5.82 | 0 | 0 | 0 | - | - |
| Interest received | -17.5% | 3.98 | 4.61 | 5.17 | 5.6 | - | - |
| Other inflows (outflows) of cash | -145.1% | 0.07 | 3.06 | -0.34 | 0 | - | - |
| Net Cashflows From Investing Activities | -110.5% | -5.94 | 67 | 3.45 | 1.89 | - | - |
| Proceeds from issuing shares | - | 0.38 | 0 | 0 | 0.54 | - | - |
| Proceeds from exercise of stock options | -100% | 0 | 0.5 | 0.91 | 0 | - | - |
| Proceeds from borrowings | 222.1% | 2.05 | 0.14 | 16 | 10 | - | - |
| Repayments of borrowings | -81.2% | 14 | 70 | 24 | 33 | - | - |
| Payments of lease liabilities | 59% | 3.13 | 2.34 | 3.15 | 4.16 | - | - |
| Dividends paid | 0% | 11 | 11 | 0 | 0 | - | - |
| Interest paid | -55.5% | 5.9 | 12 | 8.61 | 11 | - | - |
| Net Cashflows from Financing Activities | 66% | -31.52 | -94.57 | -18.5 | -37.26 | - | - |
| Net change in cash and cash eq. | -168.1% | -9.22 | 16 | 8.61 | 8.17 | - | - |