S Chand posts ₹731 cr profit, flags stronger FY27-28 on new syllabus launch
Digital sales surged 62% and the first international deal is done. Management now expects the growth inflection to come from higher-class textbook cycles.
— 2 earlier stories on S Chand And Company Ltd. →What's new
- FY2026 revenue grew 11% to ₹7,987 cr; net profit rose 21% to ₹731 cr.
- Digital revenues jumped 62% to ₹318 cr.
- Management expects stronger growth in FY27-28 as new higher-class syllabus books launch.
Why this matters
This is a routine earnings release, but the guidance on the next textbook cycle is the real driver. The FY26 numbers were already public, but the management is explicitly tying the next growth phase to the launch of new books for higher classes.
What we're watching
- Execution on the new syllabus launches in FY27.
- Integration and performance of CPD Singapore.
- Digital revenue contribution in the next two years.
The full read
S Chand's FY26 numbers are a confirmation, not a surprise. Revenue hit ₹7,987 crore, up 11% year-on-year, and net profit rose 21% to ₹731 crore. The EBITDA margin of 18.1% was within the guided band. The 62% jump in digital revenues to ₹318 crore shows the channel shift is gaining pace. The company also completed its first international deal, CPD Singapore, in January. This was a routine earnings release, but management is pointing to the next cycle: the launch of new textbooks for higher classes should drive a growth inflection in FY27-28. The core data was already priced in, but the strategic push into digital and the new syllabus are the two vectors to watch.
Questions answered
- What was S Chand's revenue and profit for FY26?
- The company reported annual revenue of ₹7,987 crore, an 11% year-on-year increase. Net profit rose 21% to ₹731 crore, with the EBITDA margin at 18.1%.
- How did the digital segment perform?
- Digital revenues jumped 62% to ₹318 crore for FY26. This is a key highlight in a largely in-line earnings release.
- What is the company's acquisition and why is it significant?
- S Chand completed its first international acquisition, CPD Singapore, in January. It marks the company's entry into overseas educational publishing.
- What is the management's view on future growth?
- Management expects stronger growth in FY27-28 as new syllabus books for higher classes are launched. The open question is how quickly the company can convert this cycle into revenue.
S Chand And Company Ltd.
Latest quarter · Mar 2026
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All notes on SCHAND →- 22 May 2026 · 4:44 PM IST S Chand posts ₹731 cr profit, flags stronger FY27-28 on new syllabus launch
- 45d ago S Chand nets ₹731 mn in consolidated profit for FY26
- 45d ago S Chand declares ₹4 interim dividend following Q4 results