S Chand And Company Limited · NSE:SCHAND
S Chand And — Q4 FY2025 Earnings Presentation
31 slides from S Chand And's earnings presentation, May 23, 2025
Slide 1: Exchange filing cover letter
-=- -v-- S Chand And Company Limited Rec_i'istered Office: A-27, 2nd Floor, Mohan Co-Operative Industrial Estate, New Delhi - 110044, India. S.CHAND P:+91 11 4973 1800 I f:+91 11 4973 1801 I E: info@schandgroup.com I www.schandg'roup.com GROUP Date: May 23, 2025 To To Listing Department Listing Depa
Slide 2: S Chand and Company Limited – All set for the Leap Ahead
S Chand and Company Limited – All set for the Leap Ahead !!! Q4 – FY2024-25 Investor Update 23rd May 2025
Slide 3: Summary
SUMMARY 1. Key Highlights –4QFY25 2. Consolidated Financial Performance 3. Status of Digital Business & Investments 2
Slide 4: Key Highlights – 4QFY25
—— —~— S.CHAND GROUP Key Highlights - 4QFY25 www.schandgroup.com
Slide 5: Strong operating performance – poised for robust growth
STRONG OPERATING PERFORMANCE – POISED FOR ROBUST GROWTH ON BACK OF NCF ROLL OUT IN FY26-27 Rs7,197m Rs4,907m Rs1,350m 18.8% Up 65% YoY Highest operating Highest Gross margins Highest EBITDA since Highest EBITDA margin Rs798m - Highest revenues since FY19, of 68.2% in the FY19, since FY19, Operating
Slide 6: Management Commentary – FY25 (Managing Director)
MANAGEMENT COMMENTARY – FY25 Performance Highlights, Mr. Himanshu Gupta, Managing Director: “FY25 sales season saw a relatively minor impact from the new NCERT books based on the NCF syllabus since NCERT books based on the new syllabus were launched for only 2 classes (3rd & 6th) during this year. L
Slide 7: Management Commentary – FY25 (Group CFO)
MANAGEMENT COMMENTARY – FY25 Performance Highlights, Mr. Saurabh Mittal, Group CFO: “Our consolidated revenues reached Rs7,197 million, EBITDA of Rs1,350 million and PAT of Rs602 million. We showed healthy revenue growth and achieved the Highest level of Gross Margins, EBITDA Margins, Operating Inco
Slide 8: S Chand Group – Year snapshot of the journey so far
S CHAND GROUP – 5 YEAR SNAPSHOT OF THE JOURNEY SO FAR • Strong operational performance in FY25 Revenues from Operations (Rs M) on all parameters. 7,197 • Highest Gross Margins in the company’s Revenues Crosses 6,626 history. Rs7,000m 6,103 • Highest EBITDA and EBITDA Margins since FY19. 4,809 • Soli
Slide 9: Solid improvement in operating performance
SOLID IMPROVEMENT IN OPERATING PERFORMANCE • Our continued improvements in Gross Margins and EBITDA Margins lead us to a sustained rise in the company’s Operating profits over the past 5 years. 8
Slide 10: Strong operating cash flow generation sustained
STRONG OPERATING CASH FLOW GENERATION SUSTAINED • Our strategy of focusing on cash flows has delivered solid results in FY25 with Operating Cash Flows of Rs999m. • Do note that we have generated an average of over ~Rs1,000m Operating Cash flows every year over the past 5 years. FY25 Operating Cash f
Slide 11: Lowest historical working capital metrics ever
LOWEST HISTORICAL WORKING CAPITAL METRICS EVER ~50% reduction in Receivable 48% reduction Days since FY21 in NWC Days since FY21 • Q4 Receivable days at 140 days for the first time • Q4 Net Working Capital days at 151 days for ever in company’s history. the first time ever in company’s history. • Lo
Slide 12: Net debt free with controlled inventory
NET DEBT FREE WITH CONTROLLED INVENTORY • Company ends FY25 with net debt free • Finished Goods inventory at same level as FY23. status with a positive net cash balance of • Total Inventory has Rs270m raw material paper Rs1,036m. inventory (vs. Rs633m in Q4FY24). • We aspire to remain net debt free
Slide 13: Marketing initiatives – the year that was
S CHAND GROUP’S MARKETING INITIATIVES – THE YEAR THAT WAS Channel Partners Product Briefing - Almaty Singapore Study Tour for leading School Owners and Principals 12
Slide 14: Marketing initiatives – the year that was
S CHAND GROUP’S MARKETING INITIATIVES – THE YEAR THAT WAS “Hindi Diwas” – Leading Event of Vikas Publishing Mathematics Summit - 2024 Scratch & Win Prize - 2024 House for Hindi teachers across the country World Book Fair Participation Knowledge Quest Quiz (2nd Edition) - 2024 13
Slide 15: Capex planned for FY26-27
S CHAND GROUP – CAPEX PLANNED FOR FY26-27 • On the operations side, to improve efficiencies and enhance both production capacity and quality we will be moving our printing and warehouse facilities to an integrated facility. • We are planning for the state-of-the-art warehouse to be fully operational
Slide 16: New NCERT books to be announced for classes 4,5,7,8 during FY26
NEW NCERT BOOKS TO BE ANNOUNCED FOR CLASSES 4,5,7,8 DURING FY26 • CBSE has released a circular in March, 25 announcing the release of new syllabus books for Class 4th, 5th, 7th and 8th over the course of next 6 months. • This circular paves the way for new syllabus books for 4 classes during the FY2
Slide 17: Looking ahead – FY26
LOOKING AHEAD – FY26 Focus on Continue with CUET Multiple AI Examination platform deals through for content TestCoach monetization Upgrade EBITDA Focus on working margin band to capital metrics 18%-20% for FY26 (vs. 17%-19% last and cash flows to year) continue. Evaluate Operating Inorganic revenues
Slide 18: Consolidated Financial Performance
Consolidated Financial 2. Performance 17
Slide 19: Seasonal nature of our business
SEASONAL NATURE OF OUR BUSINESS 15%-20% of annual revenues; 5%-10% of annual revenues; 5%-10% of annual revenues; 70% to 80% of annual Reduction in WC Reduction in WC Peak Inventory revenues; Peak Receivables Q1 April - June Q2 July - September Q3 October - December Q4 January - March o Finalisation
Slide 20: Consolidated financial performance – FY25 highlights
CONSOLIDATED FINANCIAL PERFORMANCE FY25 Highlights Revenues: Up 9% YoY Gross Margins: Up 12% YoY EBITDA: Up 23% YoY Operating Income: Up 65% PAT: Up 18% YoY 19
Slide 21: Consolidated financial performance – Q4FY25 highlights
CONSOLIDATED FINANCIAL PERFORMANCE Q4FY25 Highlights Revenues: Up 8% YoY Gross Margins: Up 7% YoY EBITDA: Up 9% YoY Operating Income: Up 10% PAT: Up 10% YoY 20
Slide 22: Consolidated financial performance
CONSOLIDATED FINANCIAL PERFORMANCE 21
Slide 23: Consolidated financial performance
CONSOLIDATED FINANCIAL PERFORMANCE • FY25 Operating Cash flow is lower vs. last year largely driven by Rs333m decrease in Trade Payables during FY25 on back of payments made to paper vendors for paper purchases. 22
Slide 24: Best 4Q working capital metrics in the company's history
BEST 4Q WORKING CAPITAL METRICS IN THE COMPANY’S HISTORY • Working Capital Metrics • Trade Receivables reduced to Rs2,753m during Q4FY25 vs Rs2,601m during Q4FY24. This is only a Rs152m increase in receivables in spite of achieving incremental sales of Rs571m over last year. • In terms of receivable
Slide 25: Shareholding structure
SHAREHOLDING STRUCTURE Key Institutional Investors - As Market Data As of 22nd May 2025 % Holding Other Institutional Investors holding less of March 2025 than 1% - As of March 2025 Trust Line Holdings Market Capitalization (Rs Mn) 8,220 3.1% Miri Strategic Emerging Markets Aadi Financial Advisors P
Slide 26: Concall details
CONCALL DETAILS ra —— S.CHAND y ry GROUP < : = INSTITUTIONAL GHropiat| ems | BR S.CHAND Monday, May 26, 2025 at 11:30 hes IST / 14:00 hrs SGT & HK / 06:00 hrs GMT / 02:00 hrs EDT / 22:00 hrs PST (previous day) We cordially invite you to the Earnings Call with S CHAND AND COMPANY Univer AcenNanber 19
Slide 27: Digital Business & Investments
3. Digital Business & Investments 26
Slide 28: Investee companies – hidden value in our balance sheet
INVESTEE COMPANIES – HIDDEN VALUE IN OUR BALANCE SHEET • Smartivity (https://www.smartivity.in/) was founded in 2015 with focus on S.T.E.M. Learning and DIY Kits. • We have Angel funded approx. Rs20m in the company across various funding rounds. • They had a secondary market transaction recently whi
Slide 29: Launch of TestCoach for CUET examination
LAUNCH OF TESTCOACH FOR CUET EXAMINATION • Launched TestCoach for CUET preparations. The key features include Expert Led Live Classes, Comprehensive Study Material, Periodic Performance Analysis and Flexible Adaptive Learning. • In a short time span of 2 months since relaunch, we have had over 100k
Slide 30: S Chand Academy on YouTube growing steadily
S CHAND ACADEMY ON YOUTUBE GROWING STEADILY • The channel houses modules comprising of over 1,900 videos that have been prepared S Chand Academy supplementing our S Chand Test Prep & College Content. The channel has showed strong growth (Youtube) crossing ~300k subscribers and 26 million views so fa
Slide 31: Disclaimer
Disclaimer This presentation and the following discussion may contain “forward looking statements” by S. Chand & Company Limited (“S. Chand” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, fin
S Chand And Company — Q4 FY2025 Earnings Presentation on 6ix