S Chand & Company Ltd

S Chand & Company Ltd

₹ 201 -1.78%
22 Nov - close price
About

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 digital forms.

Key Points

Business Overview:[1]
The company is primarily engaged in the
publishing and distribution of books for K-12[2] segment for the CBSE/ICSE affiliated schools. The company sells products in categories viz., competitive exams & reference books, technical & professional books, KG to 12th school books, higher academic books, educational CDs. Apart from this, the company has also invested in startups offering digital solutions in exams and test preparations.

  • Market Cap 707 Cr.
  • Current Price 201
  • High / Low 335 / 190
  • Stock P/E 17.8
  • Book Value 249
  • Dividend Yield 1.49 %
  • ROCE 6.30 %
  • ROE 5.22 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Stock is trading at 0.81 times its book value
  • Company has delivered good profit growth of 24.4% CAGR over last 5 years

Cons

  • Company has a low return on equity of 3.49% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
52 51 342 107 47 65 391 111 38 76 437 111 37
78 86 200 95 77 98 244 98 88 117 251 102 95
Operating Profit -26 -34 142 12 -29 -33 147 14 -50 -40 186 8 -57
OPM % -51% -67% 42% 11% -62% -50% 38% 12% -131% -53% 43% 8% -153%
5 1 4 14 16 10 8 3 1 5 1 3 2
Interest 6 6 7 4 4 6 7 3 3 4 5 3 2
Depreciation 10 10 12 11 11 11 14 11 12 11 12 10 10
Profit before tax -37 -51 127 11 -29 -39 134 3 -63 -51 170 -2 -68
Tax % 10% -11% 2% 44% -31% -22% 24% 60% -34% -28% 24% 83% -22%
-41 -45 125 6 -20 -30 102 1 -42 -36 128 -3 -53
EPS in Rs -11.56 -12.89 36.20 1.98 -5.06 -7.44 29.29 0.74 -11.45 -9.91 36.69 -0.58 -14.67
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
277 366 470 529 659 794 522 429 425 481 610 663 662
222 288 368 404 496 602 554 452 371 419 513 552 564
Operating Profit 55 79 102 125 164 192 -32 -22 54 62 97 110 97
OPM % 20% 21% 22% 24% 25% 24% -6% -5% 13% 13% 16% 17% 15%
4 1 2 3 3 12 -12 -1 20 12 48 9 11
Interest 8 9 28 30 35 24 27 35 32 27 21 15 14
Depreciation 8 12 23 26 26 19 24 41 42 42 46 46 44
Profit before tax 44 59 54 73 105 161 -95 -99 -0 5 78 58 50
Tax % 27% 27% 36% 32% 41% 33% -30% 13% 32,350% -76% 26% 12%
32 43 33 47 61 107 -67 -111 -6 8 58 51 36
EPS in Rs 1,986.49 2,455.92 1,557.42 2,308.87 20.53 30.62 -19.13 -31.87 -1.86 3.19 16.38 14.52 11.53
Dividend Payout % 1% 1% 0% 0% 128% 5% 0% 0% 0% 0% 18% 21%
Compounded Sales Growth
10 Years: 6%
5 Years: 5%
3 Years: 16%
TTM: 9%
Compounded Profit Growth
10 Years: 1%
5 Years: 24%
3 Years: 118%
TTM: 9%
Stock Price CAGR
10 Years: %
5 Years: 16%
3 Years: 20%
1 Year: -27%
Return on Equity
10 Years: 2%
5 Years: 0%
3 Years: 3%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.21 0.22 0.22 0.20 15 17 17 17 17 18 18 18 18
Reserves 291 368 394 599 626 982 913 801 801 814 878 923 859
117 92 242 204 400 177 248 264 238 182 152 133 101
82 117 189 191 242 339 253 208 179 180 173 199 107
Total Liabilities 489 577 826 994 1,283 1,516 1,432 1,291 1,236 1,193 1,220 1,273 1,085
170 186 274 331 497 514 535 588 598 569 546 524 520
CWIP 3 11 5 7 3 7 11 3 2 1 2 0 0
Investments 8 8 18 42 40 70 46 39 32 24 50 62 62
309 372 529 615 743 925 840 661 604 599 623 687 503
Total Assets 489 577 826 994 1,283 1,516 1,432 1,291 1,236 1,193 1,220 1,273 1,085

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-67 43 -18 38 32 39 39 48 108 107 81 121
-135 -40 -102 -134 -182 -61 -84 -18 -18 -3 -4 -24
213 1 123 99 159 55 39 -81 -58 -85 -61 -53
Net Cash Flow 11 4 4 3 10 33 -6 -51 32 19 16 44

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 229 230 266 275 260 290 311 285 276 222 159 143
Inventory Days 201 226 281 335 287 223 414 460 320 269 258 284
Days Payable 224 267 319 362 305 287 393 361 274 257 178 245
Cash Conversion Cycle 206 189 228 248 242 225 332 383 323 234 239 183
Working Capital Days 264 218 243 252 140 221 282 270 275 210 169 148
ROCE % 18% 15% 15% 14% 15% 17% -4% -5% 3% 3% 6% 6%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
47.30% 47.30% 47.30% 47.30% 47.14% 47.14% 47.06% 47.06% 47.06% 47.06% 47.06% 47.06%
0.05% 0.01% 0.01% 0.92% 0.50% 0.85% 1.39% 5.76% 6.23% 7.79% 7.88% 6.15%
8.30% 6.38% 5.59% 5.60% 5.58% 4.71% 3.71% 3.71% 3.82% 3.82% 3.82% 3.82%
44.35% 46.32% 47.10% 46.18% 46.79% 47.29% 47.85% 43.47% 42.87% 41.32% 41.23% 42.95%
No. of Shareholders 48,01447,54046,68045,30244,55443,89044,86242,02741,29540,41741,88341,910

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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