This small-cap company touched a fresh 52-week high on 17 August

This small-cap company touched a fresh 52-week high on 17 August

Indian Market
by 5paisa Research Team Last Updated: 2022-08-17T17:31:54+05:30

The shares have rallied more than 19.98% in today’s trading session.

S Chand & Company is a leading Indian education content company, and it delivers content, solutions, and services across the education lifecycle through its presence in three business segments – Early Learning, K-12, and Higher Education. The company has a strong foothold in the CBSE/ICSE affiliated schools, with an increasing presence in the state board affiliated schools across India. The company develops and nurtures its relationships with customers by making quality content and educational innovations, and in recent years has increased its focus on investing and improving its digital offerings in each of its business segments.

The company made its first profitable exit from one of its minority investments on July, 22 by selling its stake in TestBook for a consideration of approx. Rs 180 m which translates into a 7.8x return over the initial investment made in 2015.

The financials of the company have completely reversed. In Q1FY23, revenue grew by 199.42% YoY to Rs 107.31 crore from Rs 35.84 crore in Q1FY22. On a sequential basis, the topline was down by 68.62% PBIDT (Ex OI) was reported at Rs 11.94 crore, up by 158.11% as compared to the year-ago period and the corresponding margin was reported at 11.12% expanding by 6845 bps YoY. PAT was reported at Rs 6.34 crore, up by 120.37% from Rs -31.14 crore in the same quarter of the previous fiscal year. The PAT margin stood at 5.91% in Q1FY23 expanding from -86.88% in Q1FY22.

The shares of the company jumped 19.98% in today’s session and closed at Rs 169.05. The shares of the company hit an upper circuit of 20% and hit a fresh 52-week high of Rs 169.05. The company has a 52-week low of Rs 92.20.


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