Any current/future new fundraising through debt or equity?

No current plans to raise debt or equity for investments. The company intends to fund any acquisitions or investments solely through internal cash flows. They have taken board approval for a potential small acquisition up to Rs20 crores, which will be funded without raising external capital. The company is conservative with capital allocation due to past cash flow uncertainties (e.g., COVID-19 period). They have restarted dividend payments but are maintaining a minimum war chest for uncertain situations. No mention of any immediate large-scale fundraising planned through debt or equity at this

Any current/future capex/capital investment/strategic investment?

The company is currently looking at a small-sized strategic acquisition with board approval for up to Rs 20 crores; details are under NDA and the deal is niche-focused. They plan to continue making strategic investments to fill gaps in their portfolio. Any investments will be made using internal cash flows; there is no plan to raise debt or equity for acquisitions. The company holds minority stakes in companies like Smartivity (around 16%) and iXambee (4.3%), with no immediate plans to increase stake unless secondary buyouts arise. They are considering buybacks or return of capital to improve

Future growth expectations in sales/revenue/volumes?

Targeting annual revenues between Rs 7200 million and Rs 7500 million, reflecting 18%-22% growth for FY24. Planning to launch about 500 new SKUs across school and higher education segments to gain better traction. Anticipate strong volume growth supported by the upcoming NCF announcement, which will help volume expansion over the next 2-3 years. Focus on expanding product portfolio aligned with NEP 2020 and regional education requirements. Continuous introduction of new products, including artificial intelligence series for schools and collaborations with YouTubers for government exam

Future growth expectations in earnings/operating earnings/profits/EPS?

S Chand expects annual revenues between Rs 7,200 million and Rs 7,500 million, reflecting 18%-22% growth for FY24. Gross margins may improve if paper prices stabilize or decline during the year. EBITDA margin guidance is in the band of 16%-18% for FY24. The company anticipates strong volume, revenue, and profitability growth over the next 2-3 years, driven by the announcement of the National Curriculum Framework (NCF) for more classes. New product launches (around 500+ SKUs) including entirely new categories like AI for schools, and collaborations for government exam content, are expec

Current/ Expected Orderbook/ Pending Orders?

The transcript does not provide explicit figures or specific details about the current or expected order book or pending orders for S Chand And Company Limited. However, it indicates preparations for a strong year with annual revenue guidance between Rs 720 crore and Rs 750 crore. The company mentions proactive production planning and contracting 60% of paper supplies, indicating readiness for upcoming demand. New product launches (about 500 SKUs including 100-150 new products) across school and higher education segments suggest an active product pipeline. There is mention of anticipation arou

IN US

Sale is live|00:00:00left today

S Chand & Company LtdQ2 FY23Printing & Publication

S Chand & Company Ltd Q2 FY23 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹151P/E: 11.4Market Cap: ₹568 CrSector: Printing & Publication

Management growth scorecard

Revenue

Category 3

Margin

Category 2

Fundraise

Order

N/A

Capex

Yes

1 of 4 growth signals are positive — mixed outlook.

Full analysis

Revenue guidance

Category 3

→Targeting annual revenues between Rs 7200 million and Rs 7500 million, reflecting 18%-22% growth for FY24.
→Planning to launch about 500 new SKUs across school and higher education segments to gain better traction.
→Anticipate strong volume growth supported by the upcoming NCF announcement, which will help volume expansion over the next 2-3 years.
→Focus on expanding product portfolio aligned with NEP 2020 and regional education requirements.
→Continuous introduction of new products, including artificial intelligence series for schools and collaborations with YouTubers for government exam prep.
→Expect demand to improve with a single-digit price hike across product portfolio and potential gross margin improvement if paper prices stabilize or decline.
→Confident of maintaining or increasing market share due to strong financials, clear product strategy, and competitive positioning against unorganized players.

Margin guidance

Category 2

→S Chand expects annual revenues between Rs 7,200 million and Rs 7,500 million, reflecting 18%-22% growth for FY24.
→Gross margins may improve if paper prices stabilize or decline during the year.
→EBITDA margin guidance is in the band of 16%-18% for FY24.
→The company anticipates strong volume, revenue, and profitability growth over the next 2-3 years, driven by the announcement of the National Curriculum Framework (NCF) for more classes.
→New product launches (around 500+ SKUs) including entirely new categories like AI for schools, and collaborations for government exam content, are expected to contribute to revenue growth.
→Focus remains on good working capital management and improving cash flows to support profitability.
→Price hikes of single-digit percentages across the product portfolio are factored into growth expectations without significant volume impact.

3 more insights locked — sign up free to unlock

Fundraise plans

→No current plans to raise debt or equity for investments.
→The company intends to fund any acquisitions or investments solely through internal cash flows.
→They have taken board approval for a potential small acquisition up to Rs20 crores, which will be funded without raising external capital.
→The company is conservative with capital allocation due to past cash flow uncertainties (e.g., COVID-19 period).
→They have restarted dividend payments but are maintaining a minimum war chest for uncertain situations.
→No mention of any immediate large-scale fundraising planned through debt or equity at this time.

Order book

→The transcript does not provide explicit figures or specific details about the current or expected order book or pending orders for S Chand And Company Limited.
→However, it indicates preparations for a strong year with annual revenue guidance between Rs 720 crore and Rs 750 crore.
→The company mentions proactive production planning and contracting 60% of paper supplies, indicating readiness for upcoming demand.
→New product launches (about 500 SKUs including 100-150 new products) across school and higher education segments suggest an active product pipeline.
→There is mention of anticipation around the National Curriculum Framework (NCF) announcement expected to spur further demand and product rollouts.
→Finished goods inventory is around Rs 100 crores (including Rs 30 crores with channel partners), which may impact immediate supply chain but shows stocked readiness.
→Overall, the tone indicates a positive outlook with content and inventory in place for the year ahead, but no specific order book data is disclosed.

Capex plans

Yes

→The company is currently looking at a small-sized strategic acquisition with board approval for up to Rs 20 crores; details are under NDA and the deal is niche-focused.
→They plan to continue making strategic investments to fill gaps in their portfolio.
→Any investments will be made using internal cash flows; there is no plan to raise debt or equity for acquisitions.
→The company holds minority stakes in companies like Smartivity (around 16%) and iXambee (4.3%), with no immediate plans to increase stake unless secondary buyouts arise.
→They are considering buybacks or return of capital to improve ROCE and ROE after stabilizing cash flows post-COVID.
→Overall, capital allocation remains conservative with a focus on maintaining a war chest for uncertain circumstances while selectively pursuing strategic, smaller investments.

How does S Chand & Company Ltd rank vs peers in Printing & Publication?

Pro feature

1S Chand & Company Ltd

Rev 3Mar 2

See full Printing & Publication sector rankings

Want more stocks like S Chand & Company Ltd?

Build an AI portfolio filtered by sector, market cap, and growth rank. Takes 2 minutes.

Build my portfolio