S Chand & Company

S Chand, a leading textbook publisher and education content provider, is aiming to cross Rs 800 crore revenue in the current fiscal, supported by its core business growth and digital initiatives, its CFO Saurabh Mittal said on Tuesday. Internet giant Google has partnered with this 86-year-old publishing house to integrate its Google Lens with school textbooks for interactive learning tools, ensuring that students can access explanations, translations and problem-solving assistance. The initiative, in which students by scanning textbooks can access explanations and engaging video lessons, has already been integrated into over 300 textbook titles of S Chand, reaching over 5 million copies in print. Besides working on the digital side, S Chand, with its internal available cash, is also scouting for acquisitions to fill in the gaps in its offering, whether it is the test preparation section or international curriculum, he said. "We have enough cash within our system, ensuring we can go

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/ -- S Chand and Company Limited, one of India's leading education content companies and market leaders in the K-12 segment, has announced robust financial numbers for the quarter Q3FY23 and 9 Months FY23. HIGHLIGHTS OF CONSOLIDATED BUSINESS Consolidated business represents the performance of S Chand and its subsidiaries (S Chand Group) The Company is in a seasonal industry where the 4th quarter contributes over 80% of the annual revenues coinciding with the start of the academic year. 9MFY23 has been the best ever 9M performance in the company's history. S Chand saw the following highlights during the quarter-: On a CY22 basis, the company reported a PAT of Rs. 812m (EPS: Rs. 23/share). The company is witnessing strong and resurgent demand in the current sales season of January 2023 - March 2023. Reports Highest ever 9M Sales in company's history. Reports Lowest ever 9M EBITDA Losses. 9M EBITDA losses reduced by 38% YoY. Reports Lowest ever 9M PAT Losses. Reduction in 9M PAT

/ -- S Chand and Company Limited, one of India's leading education content companies and market leaders in the K-12 segment has announced robust financial numbers in Q1FY23. HIGHLIGHTS OF CONSOLIDATED BUSINESS Consolidated business represents the performance of S Chand and its subsidiaries (S Chand Group) Consolidated Business Q1-FY23 vs Q1-FY22 (Y-o-Y basis) 1. The Revenue from Operations of the Group has increased to Rs.107 Crores from Rs. 36 Crores. The Revenue from Operations registered a growth of ~ 3x; 2. The Profit after tax (PAT) of the Group has increased to Rs. 6.23 Crores from a Loss of Rs. 31.37 Crores. The PAT registered a movement of Rs. 37.6 Cr. This is the first time company has reported a Profit in Q1; 3. The Operational EBIDTA of the Group has increased to Rs. 11.94 Crores from a EBIDTA Loss of Rs. 20.55 Crores. The Operational EBIDTA registered a swing of Rs. 32.49 Crores 4. The EPS for the quarter is Rs. 1.78 per share from a negative Rs. 8.97 per shar

In the next two-three years, around 30 per cent of S. Chand's group revenues will come from digital products, asserts its MD Himanshu Gupta

The stock slipped to Rs 658, after listing at Rs 707, a 5% premium against its issue price of Rs 670