{"id":134515,"date":"2022-10-05T07:56:02","date_gmt":"2022-10-05T11:56:02","guid":{"rendered":"https:\/\/44.250.171.167\/?p=134515"},"modified":"2022-10-06T09:35:06","modified_gmt":"2022-10-06T13:35:06","slug":"s-chand-co-schand-depicts-strong-upside-potential","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/s-chand-co-schand-depicts-strong-upside-potential\/","title":{"rendered":"S Chand & Co (SCHAND): Depicts Strong Upside Potential"},"content":{"rendered":"\n

S Chand & Co Ltd (NSE: SCHAND<\/a>) has outperformed its peers by providing a one-year return of around 58%, significantly up when compared to its peers such as Navneet Education Ltd (NSE: NAVNETEDUL) and Jagran Prakashan Ltd (NSE: JAGRAN), among others. <\/p>\n\n\n\n

Also, the stock recorded a 3-year return of 187.9% as compared to the Nifty Smallcap 100 return of 76.2%. <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Headquartered in New Delhi, the company is one of India’s oldest and largest publishing and education services companies. The company prints books for primary, secondary, and higher education sectors. This Smallcap company holds a market cap of about Rs 641.82 crore and is listed on both NSE and BSE. <\/p>\n\n\n\n

Due to the pandemic, the publishing industry was marred to a large extent by the closure of schools, colleges, and other shutdowns. Post-pandemic, the reopening of schools and colleges, along with other institutions spurred demand strongly for the industry. As a result, S Chand has emerged triumphant with substantial quarterly numbers in Q1 FY2023 riding on a rise in sales coupled with higher profits on a year-over-year basis. <\/p>\n\n\n\n

Factors to Consider<\/strong> <\/h2>\n\n\n\n

Operating revenues were almost three times of revenues recorded in the prior-year quarter. Also, the company returned to profits in FY2022 and in the first quarter reflecting positive EBITDA and the first-ever PAT in the company\u2019s history in the quarter. <\/p>\n\n\n\n

Though the hike in paper prices escalated costs, the company has maintained its margin levels prudently. Interestingly, S Chand recorded 6.5 times jump in operating cash flows in Q1 over the same period last year.\u00a0\u00a0<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Looking forward to FY2023, the company has planned to mitigate the rise in paper prices through price hikes across its product portfolio, along with cost-effective measures, better realizations, and internal efficiencies. It forecast annual revenues of Rs 600 crores, reflecting a growth of 25%. <\/p>\n\n\n\n

On the debt front, with the decreasing level, the company targets to be debt-free by Q4 FY2023. Also, total inventory levels are consistently decreasing, which mirrors a strong demand-supply balance.  <\/p>\n\n\n\n

The company is optimistic about its financials going forward. Additionally, the announcement of the National Curriculum Framework (NCF), expected this calendar year, is anticipated to boost the company\u2019s revenue and profitability over the next two to three years. <\/p>\n\n\n\n

Our View<\/strong> <\/h2>\n\n\n\n

In the evolving world, strong business momentum guided by new products, operational efficiency, robust sales, reduced debt, and strong cash flow, is likely to aid the company\u2019s financials. As a result, based on the stock\u2019s upside potential and returns, investors might consider the stock an attractive investment opportunity. Also, from a valuation perspective, based on a P\/B ratio of 0.80, the stock seems currently undervalued compared to its industry peers.<\/p>\n","protected":false},"excerpt":{"rendered":"

S Chand & Co Ltd (NSE: SCHAND) has outperformed its peers by providing a one-year return of around 58%, significantly up when compared to its peers such as Navneet Education Ltd (NSE: NAVNETEDUL) and Jagran Prakashan Ltd (NSE: JAGRAN), among others.  Also, the stock recorded a 3-year return of 187.9% as compared to the Nifty […]<\/p>\n","protected":false},"author":1936,"featured_media":134518,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,12,6352],"tags":[10450,10449,8548,10448],"class_list":["post-134515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-other-industries","category-research-summary","tag-education","tag-ncf","tag-publishing","tag-s-chand"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/S-Chand-image.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":180603,"url":"https:\/\/alphastreet.com\/india\/s-chand-co-enters-international-market-with-singapore-acquisition-amid-optimized-working-capital-metrics\/","url_meta":{"origin":134515,"position":0},"title":"S Chand & Co Enters International Market with Singapore Acquisition Amid Optimized Working Capital Metrics","author":"Staff Correspondent","date":"February 13, 2026","format":false,"excerpt":"The Indian education content provider reported a consolidation of its market position through its first overseas acquisition and significant reductions in inventory and debt. While quarterly losses persisted due to operational expansion, management has upgraded fiscal year margin guidance on the back of expected new curriculum adoption. Lead Paragraph S\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":148474,"url":"https:\/\/alphastreet.com\/india\/s-chand-company-ltd-q4-fy23-earnings-conference-call-insights\/","url_meta":{"origin":134515,"position":1},"title":"S Chand & Company Ltd Q4 FY23 Earnings Conference Call Insights","author":"Praveen","date":"June 6, 2023","format":false,"excerpt":"Key highlights from S Chand & Company Ltd (SCHAND) Q4 FY23 Earnings Concall Management Update: [00:03:48] SCHAND said it expects to launch over 500 new SKUs in the school segment this year. Q&A Highlights: [00:11:46] Niteen Dharmawat at Aurum Capital asked if the guidance includes the increase in volume due\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":143497,"url":"https:\/\/alphastreet.com\/india\/how-s-chand-will-turn-out-to-be-a-value-play-a-primer-on-the-company\/","url_meta":{"origin":134515,"position":2},"title":"How S Chand will turn out to be a value play? A primer on the company","author":"Chirag Gupta","date":"March 31, 2023","format":false,"excerpt":"\u201c We are a seasonal business with majority sales coming from the Jan\u2010March quarter. We are confident of our performance during the current sales season as we are witnessing strong demand in the current sales season of January, 23\u2010 March, 23. This is the 1st disruption free full sales season\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-912364434.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-912364434.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-912364434.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/iStock-912364434.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":147551,"url":"https:\/\/alphastreet.com\/india\/s-chand-company-ltd-q4fy23-results-out-revenue-grows-by-14\/","url_meta":{"origin":134515,"position":3},"title":"S Chand & Company Ltd Q4FY23 results out, revenue grows by 14%","author":"Chirag Gupta","date":"May 30, 2023","format":false,"excerpt":"Incorporated in 1970 and listed in 2016, S Chand & Company is principally engaged in publishing educational books with products ranging from school books, higher academic books, competition and reference books, technical and professional books, and children's books. The company provides its products and services in printed as well as\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":178482,"url":"https:\/\/alphastreet.com\/india\/tara-chand-infralogistic-solutions-limited-announces-third-quarter-and-nine-month-results-for-fiscal-year-2026\/","url_meta":{"origin":134515,"position":4},"title":"Tara Chand Infralogistic Solutions Limited Announces Third Quarter and Nine-Month Results for Fiscal Year 2026","author":"Staff Correspondent","date":"January 30, 2026","format":false,"excerpt":"Tara Chand Infralogistic Solutions Ltd (NSE: TARACHAND) reported a nine-month net profit of 1,915.40 Lacs, supported by revenue growth in its infrastructure and transportation segments. These results highlight steady operational scale and segment-wise capital strength for the period ending December 31, 2025. Latest Quarterly and Nine-Month Financial Results For the\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":152901,"url":"https:\/\/alphastreet.com\/india\/s-chand-83-fall-in-profits\/","url_meta":{"origin":134515,"position":5},"title":"S Chand & Company Ltd Q1FY24; 83% fall in Profits","author":"Chirag Gupta","date":"August 11, 2023","format":false,"excerpt":"Incorporated in 1970 and listed in 2016, S Chand & Company is principally engaged in publishing educational books with products ranging from school books, higher academic books, competition and reference books, technical and professional books, and children's books. The company provides its products and services in printed as well as\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-740.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-740.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-740.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-740.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-740.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-740.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1936"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=134515"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134518"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=134515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=134515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=134515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}