India’s leading education content publisher and book publisher, S Chand Publishing, announced its results for the fourth quarter and fiscal year 2023 ending on March 31. The results showed that the company reported healthy revenue growth with consolidated revenues reaching Rs6103 million, EBITDA of Rs963 million, and PAT of Rs576 million. In addition, the company achieved its goal of becoming a net debt-free company. S Chand and Company Limited also declared a dividend of Rs3 per share. The firm’s liquidity position and steady cash flows remain strong, and the company is focused on building sustainable long-term value for all its stakeholders.
S Chand and Company Limited is a leading education content company in India, with a strong presence across the country. The company provides content, solutions, and services across the education lifecycle through its presence in the Early Learning, K-12, and Higher Education sectors. S Chand has a stronghold in CBSE/ICSE affiliated schools, WBSE affiliated schools, and is increasingly growing in state board-affiliated schools across India. The company develops quality content and educational innovations and aims to invest more in its digital product offerings.
Mr. Himanshu Gupta, Managing Director of S Chand and Company Limited, expressed his excitement about the successful performance during FY23. He attributed the success to the strength of their operations, the hard work of the team, and the long-standing history and excellent reputation of the publishing industry in the country. He emphasized the importance of maintaining their market position and partnerships with schools, authors, and the teaching community.
Mr. Saurabh Mittal, Group CFO of S Chand and Company Limited, discussed the company’s strong fiscal year results and reiterated the company’s focus on building sustainable long-term value for all stakeholders through operational excellence and delivering value to customers. Mittal also highlighted the company’s liquidity position and steady cash flows.
Overall, S Chand Publishing has demonstrated a strong growth trajectory and achieved significant milestones during FY23. The company aims to continue this positive trend and enhance its financial position by providing high-quality content and expertise to all students in line with their vision.
