S Chand & Company Ltd

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.

Read More
  • Market Cap 375 Cr.
  • Current Price 107
  • High / Low 149 / 61.0
  • Stock P/E
  • Book Value 213
  • Dividend Yield 0.00 %
  • ROCE 2.91 %
  • ROE 0.56 %
  • Face Value 5.00

Pros

  • Stock is trading at 0.50 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -4.26% over past five years.
  • Company has a low return on equity of -5.59% for last 3 years.
  • Earnings include an other income of Rs.20.59 Cr.
  • Company has high debtors of 276.48 days.
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
5 449 61 27 10 332 71 37 35 283 36 52
91 266 92 91 94 177 70 73 70 159 57 78
Operating Profit -86 183 -30 -64 -84 155 2 -36 -35 124 -21 -26
OPM % -1,869% 41% -49% -241% -876% 47% 2% -100% -102% 44% -58% -51%
Other Income -19 10 2 1 1 -3 7 2 2 9 4 5
Interest 7 9 8 9 9 9 8 8 8 8 7 6
Depreciation 7 6 9 9 9 14 10 10 9 13 10 10
Profit before tax -119 178 -45 -81 -102 129 -9 -53 -50 112 -35 -37
Tax % 32% 32% 16% 25% 26% 52% -11% 10% 8% 13% 10% -10%
Net Profit -81 121 -37 -60 -75 61 -10 -47 -46 98 -31 -41
EPS in Rs -23.30 34.69 -10.69 -17.24 -21.34 17.35 -2.99 -13.52 -13.27 27.93 -8.97 -11.77

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
169 277 366 470 529 659 794 522 429 425 405
143 222 288 368 404 496 602 554 452 371 364
Operating Profit 26 55 79 102 125 164 192 -32 -22 54 41
OPM % 15% 20% 21% 22% 24% 25% 24% -6% -5% 13% 10%
Other Income 1 4 1 2 3 3 12 -12 -1 20 21
Interest 6 8 9 28 30 35 24 27 35 32 30
Depreciation 4 8 12 23 26 26 19 24 41 42 43
Profit before tax 17 44 59 54 73 105 161 -95 -99 -0 -10
Tax % 16% 27% 27% 36% 32% 41% 33% 30% -13% -32,350%
Net Profit 15 32 42 27 47 61 107 -67 -111 -6 -21
EPS in Rs 146,900.00 1,986.49 2,455.92 1,557.42 2,308.87 20.53 30.62 -19.13 -31.87 -1.86 -6.08
Dividend Payout % 2% 1% 1% 0% 0% 128% 5% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -4%
3 Years: -19%
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: -37%
3 Years: -65%
TTM: 69%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -22%
1 Year: 56%
Return on Equity
10 Years: %
5 Years: 0%
3 Years: -6%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
0 0 0 0 0 15 17 17 17 17 17
Reserves 91 291 368 394 599 626 982 913 801 801 730
Borrowings 54 117 92 242 204 400 177 248 264 238 222
72 82 117 189 191 242 339 253 208 179 125
Total Liabilities 217 489 577 826 994 1,283 1,516 1,432 1,291 1,236 1,095
27 170 186 274 331 497 514 535 588 598 583
CWIP 5 3 11 5 7 3 7 11 3 2 0
Investments 9 8 8 18 42 40 70 46 39 32 31
176 309 372 529 615 743 925 840 661 604 481
Total Assets 217 489 577 826 994 1,283 1,516 1,432 1,291 1,236 1,095

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-31 -67 43 -18 38 32 39 39 48 108
161 -135 -40 -102 -134 -182 -61 -84 -18 -18
-135 213 1 123 99 159 55 39 -81 -58
Net Cash Flow -4 11 4 4 3 10 33 -6 -51 32

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 154 229 230 266 275 260 290 311 285 276
Inventory Days 192 201 226 281 335 287 223 414 460 320
Days Payable 289 224 267 319 362 305 287 393 361 274
Cash Conversion Cycle 57 206 189 228 248 242 225 332 383 323
Working Capital Days 195 264 218 243 259 251 223 306 307 275
ROCE % 18% 16% 15% 14% 15% 17% -4% -5% 3%

Shareholding Pattern

Numbers in percentages

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
46.68 46.69 46.90 47.10 47.24 47.29 47.29 47.29 47.29 47.39 47.39 47.39
4.24 3.73 2.87 1.87 1.87 1.69 0.74 0.72 0.00 0.00 0.00 0.00
16.32 16.07 15.31 10.37 11.18 10.77 9.92 9.59 10.13 9.02 9.02 8.44
32.76 33.51 34.92 40.65 39.71 40.24 42.04 42.40 42.58 43.59 43.59 44.17

Documents