S Chand revenue up 11% YoY in Q4FY26

S Chand Publishing reported its results for the fourth quarter and for the financial year ending 31 March 2026.

Himanshu Gupta, managing director of S Chand and Company

In the performance highlights, S Chand and Company delivered revenue of INR 7,987-m (up 11% YoY) in FY26, which is inline with the guidance of INR 8,000-m. It achieved EBITDA margin of 18.1%, which meets the guidance range of 18%-20%. It achieved PAT of INR 731-m (up 21% YoY) and continued to deliver solid working capital metrics.

The company announced interim dividend of INR 4/share,

In FY26, the company completed its first international acquisition. The S Chand Group acquired 100% ownership of CPD Singapore Education Services in January 2026. This marks the Company’s first international acquisition for the K12 segment.

CPD Singapore is a publisher of supplementary books adhering to the Singapore / IGCSE (A Level and O Levels) / IB Curriculum for the K12 school segment. This fills a gap in the company’s product portfolio and makes it future-ready for this fast-growing segment.

The company continues to be net debt-free with strong cash generation. It ended the year with net cash of INR 1,048-m (against net cash of INR 1,036-m in Q4FY25).

Himanshu Gupta, managing director of S Chand and Company, said, “The FY26 sales season was a steady season with both Old and New Syllabus books being adopted in schools for the new academic year.”

He added, “Looking ahead, we are quite optimistic for FY27 since the new syllabus books for K-8 are already released and CBSE has released a circular in April 2026 stating that the new syllabus for Classes 9th, 10th, 11th and 12th would be launched during the next few months. On the back of this development, we expect FY27-28 to see a complete adoption of the new syllabus books for the K12 segment, which should strongly support our growth trajectory over the next 2 years.”

Saurabh Mittal, Group CFO of S Chand and Company, said, “Our consolidated annual revenues reached INR 7,987-million, EBITDA of INR 1,449-million and PAT of INR 731-million. We showed healthy revenue growth and sustained our high levels of gross margins. Our EBITDA margins at 18.1% came within our guided range of 18%-20%. Our operating income increased to INR 861-m (vs INR 798-m in FY25), and our PAT came in at INR 731-m (up 21% YoY). This was driven by a strong Q4 performance where our revenues were up 16% YoY, EBITDA was up 21% YoY and PAT was up 20% YoY from the same period last year.”

He added, “All this resulted in the generation of strong operating cash flows at INR 747-m for FY26. We have proposed an interim dividend of INR 4/share and have remained net debt-free at year end with a positive net cash balance of INR 1,048-m. Our content licensing revenues jumped over 60% to clock revenues of INR 318-m (vs INR 195-m in FY25). We continue to add clients with varied requirements. We are targeting over INR 400-m in revenues for FY27 in this revenue stream.”

Mittal said one of the strongest features of the company’s results is its liquidity position and solid cash flows. It remains focused on building sustainable long-term value for all its stakeholders.