New Delhi, May 26 th , 2026. S Chand Publishing, India’s leading education content publisher and book publisher reported its results for the fourth quarter & for the financial year ending 31st March 2026.
Consolidated Results Snapshot – Q4FY26 and FY26
| Particulars | Q4FY25 | Q4FY26 | Y-o-Y | FY25 | FY26 | Y-o-Y |
| (in Rs. Mn) | ||||||
| Revenue | 4,714 | 5,478 | 16% | 7,197 | 7,987 | 11% |
| EBITDA | 2,032 | 2,458 | 21% | 1,350 | 1,449 | 7% |
| EBITDA (%) | 43.1% | 44.9% | 18.8% | 18.1% | ||
| PAT | 1,416 | 1,695 | 20% | 602 | 731 | 21% |
HIGHLIGHTS OF FY26 RESULTS
Some of the highlights of the FY26 results are as follows
Our 1st International Acquisition completed in FY26 – CPD Singapore
- The S Chand Group acquired 100% ownership of CPD Singapore Education Services Pte. Limited in January 2026. This marks the Company’s first international acquisition for the K–12 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 our product portfolio and makes us future ready for this fast-growing segment.
COMPANY CONTINUES TO BE NET DEBT FREE WITH STRONG CASH GENERATION
We ended the year with Net Cash of Rs1,048m (vs. Net Cash of Rs1,036m in Q4FY25). We aim to remain Net Debt free for 3 quarters during the financial year.
SOLID WORKING CAPITAL METRICS
The strong improvement in the Working Capital Metrics over the past 5 years are now firmly embedded in the company. The charts below showcase the strength of the Company’s Working Capital Management over the years. We see phenomenal improvement in Receivable Days and Net Working Capital Days over the past 5 years.
LOOKING AHEAD
Mr. Himanshu Gupta, Managing Director of S Chand and Company Limited, commented on the successful results and 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.
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 back of this development, we expect FY27-28 to see complete adoption of the new syllabus books for the K-12 segment, which should strongly support our growth trajectory over the next 2 years.
Additionally, we have completed our 1st International acquisition in January 2026 when we acquired CPD Singapore which gives us Curriculum capabilities for the India and Asia markets. 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 our product portfolio and makes us future ready for this fast-growing segment.
We are proud to say that we continue to be net debt-free company at the end of FY26 through consistent efforts on working capital management. Our strategic partnerships and collaborations have allowed us to expand our offerings and meet the changing needs of our customers. Our commitment is to continue this positive trend and enhance our financial position over the long term.”
Mr. Saurabh Mittal, Group CFO of S Chand and Company Limited, commented on the annual results and said,
“Our consolidated annual revenues reached Rs7,987 million, EBITDA of Rs1,449 million and PAT of Rs731 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 Rs861m (vs. Rs798m in FY25) and our PAT came in at Rs731m (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.
All this resulted in generation of strong operating cash flows at Rs747m for FY26. We have proposed an interim dividend of Rs4/share and have remained Net Debt free at year end with a positive net cash balance of Rs1,048m.
Our content licensing revenues jumped over 60% to clock revenues of Rs318m (vs. Rs195m in FY25). We continue to add Clients with varied requirements. We are targeting over Rs400m in revenues for FY27 in this revenue stream.
One of the strongest features of the company’s results is our liquidity position and solid cash flows. We remain focused on building sustainable long-term value for all our stakeholders, and we believe that our unwavering commitment towards operational excellence and delivering value to our customers will continue to drive our success in the coming years.”
About S Chand And Company
S Chand And Company Limited is one of the leading education content companies delivering content across the length and breadth of the country. The Company provides content, solutions, and services across the education lifecycle through its presence in three business segments – Early Learning, K- 12 and Higher Education. The Company has a strong foothold in the CBSE/ICSE affiliated schools, WBSE affiliated schools with increasing presence in the state board affiliated schools across India. The Company develops and nurtures its relationships with customers by developing quality content and educational innovations, and in recent years have increased focus on investing and improving the digital product offerings in each of the business segments.
The Company has more than 13,500 book titles from 3,000+ authors across competitive exams & reference books, technical & professional books, school books and higher academic books. We have presence and extensive distribution system across India through over 4,000+ channel partners. The Company also exports print content to over 20 countries and digital content to 5 countries in SAARC, South Asia, the Middle East, Africa, and other parts of the world. Some of the well-known publishing brands include S Chand, Vikas, Madhubun, New Saraswati House, Chhaya Prakashani, CPD Singapore. We also have strong offerings in curriculum and digital
through our brands including S Chand Academy, Solid Steps, Zen, Mylestone, SmartK, Testcoach, Destination Success, myStudygear, Madhubun Educate 360 and Ignitor.
