S Chand and Company Limited · NSE:SCHAND
S Chand and — Q2 FY2027 Earnings Presentation
25 slides from S Chand and's earnings presentation, Nov 5, 2026
Slide 1: Exchange filing cover letter
� £ ¥ S Chand And Company Limited Req-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:[email protected] I www.schandc_troup.com GROUP Date: November 05, 2026 To To Listing Department Listing Depa
Slide 2: Investor Update Q2 – FY2026-27
S. Chand and Company Limited Investor Update Q2 – FY2026-27 5th November 2026
Slide 3: Contents
Contents 01 Key Highlights – Q2FY27 02 Consolidated Financial Performance 03 Status of Minority Investments 1
Slide 4: Key Highlights – Q2FY27
A = S.CHAND GROUP Key Highlights — Q2FY27
Slide 5: S Chand Group - Introduction
S CHAND GROUP - INTRODUCTION ✓India’s largest Education content company having pan India presence. 87+ 4,000+ 45,000+ ✓Country wide sales and distribution network driving deep market ◼ Years of operating ◼ Channel Partners ◼ Number of reach. history Schools covered ✓New State-of-art printing and bin
Slide 6: Management Commentary – Q2FY27
MANAGEMENT COMMENTARY – Q2FY27 Q2FY27 was a steady quarter for the School and Higher Education segments in terms of sales on a YoY basis. Do note that the 2nd quarter is the smallest quarter in terms of revenues during the whole year. This is the quarter in which we execute our key marketing initiat
Slide 7: Management Commentary – Q2FY27
MANAGEMENT COMMENTARY – Q2FY27 3. There has been a move of certain marketing spends which historically used to happen in Q3 to Q2. These spends are in the range of Rs50m- Rs60m which should be kept in mind while comparing the Other expenses for H1FY27 vs. H1 last year. 4. We have remained net debt f
Slide 8: Raw Material Inventory Purchases Have Been Preponed in Q2
RAW MATERIAL INVENTORY PURCHASES HAVE BEEN PREPONED IN Q2 • We have made a conscious decision to prepone our raw paper purchases in Q2 since we are seeing double digit inflation in paper prices going ahead. • This is a short- term strategic move which should benefit us in delivering our guided margi
Slide 9: In Terms of Inventory Days, Numbers Are Comparable
IN TERMS OF INVENTORY DAYS, NUMBERS ARE COMPARABLE • In Absolute numbers, Raw/Finished/Total Inventory is higher over previous years, but in terms of number of days, the Raw/Finished/Total Inventory days are in a comparable range vs. historical numbers. 7
Slide 10: Working Capital Metrics
WORKING CAPITAL METRICS • We expect receivable days to improve going ahead. • Net Working Capital days have increased on back of higher inventory levels on back of preponement of paper purchases to Q2 vs Q3. • We expect NWC days to normalize by Q4. 8
Slide 11: We Continue to Be Net Cash Positive
WE CONTINUE TO BE NET CASH POSITIVE • We continue to be net cash positive at the end of Q2. With this, we are on track to be net debt free for 3 quarters in FY27 as well. 9
Slide 12: Key Marketing & Promotional Activities Executed in Q2
KEY MARKETING & PROMOTIONAL ACTIVITIES EXECUTED IN Q2 Bhasha Mela - NSH Saraswati Shikshak Hindi Diwas – Samman – NSH (To Madhuban be held in Q3) EduVisit 2026 – Maths Summit – S Singapore Chand SE Channel Partner Key Marketing Teachers Conclave Product Briefing – & Promotional - Chaaya Thailand Act
Slide 13: Looking Ahead – FY27
LOOKING AHEAD – FY27 Focus on Content Licensing (AI Datasets) deals for content monetization. Target revenues in excess of Rs400m for FY27 from this segment Focus on working EBITDA margin band capital metrics and of 17%-19% for FY27 cash flows to continue. Operating revenues to grow in the range Eva
Slide 14: Consolidated Financial Performance
Consolidated Financial 02 Performance 12
Slide 15: Changing Nature of Our Business
CHANGING NATURE OF OUR BUSINESS • K-12 (National & Regional Board) have been growing steadily. • The acquisition of CPD Singapore would drive our K-12 (International Board) business. This was a gap area in the S Chand Group’s offerings and we expect this segment to scale up strongly given the number
Slide 16: Consolidated Financial Performance – H1FY27 Highlights
CONSOLIDATED FINANCIAL PERFORMANCE H1FY27 Highlights Revenues: Up 7% Gross Margins: Up 9% Higher Other expenses on back of preponement of certain marketing activities from Q3 to Q2 has led to increased EBITDA and PAT Losses 14
Slide 17: Consolidated Financial Performance – Q2FY27 Highlights
CONSOLIDATED FINANCIAL PERFORMANCE Q2FY27 Highlights This is the smallest Revenue quarter for the company. Higher Other expenses on back of preponement of certain marketing activities from Q3 to Q2 has led to increased EBITDA and PAT Losses 15
Slide 18: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE 16
Slide 19: Consolidated Financial Performance – Operating Cash Flow
CONSOLIDATED FINANCIAL PERFORMANCE • The decline in Operating Cash Flows between Q2FY27 vs. Q2FY26 is totally driven by increase in Inventory. • We took a conscious decision to prepone our raw material purchases to Q2 in light of increasing paper prices. • During Q2, our inventory has increased by R
Slide 20: Consolidated Financial Performance – Operating Cash Flow
CONSOLIDATED FINANCIAL PERFORMANCE • We expect Operating flows to normalize by Q4. • We have delivered an average OCF of approx. Rs1,000m over the past 5 years and we are working towards delivering OCF of over Rs1,000m for FY27 as well. 18
Slide 21: Working Capital Metrics
WORKING CAPITAL METRICS • Working Capital Metrics • Trade Receivables increased to Rs2,105m during Q2FY27 vs. Rs1,611m at the same time last year. • In terms of receivable days, it stood at 95 days (vs. 81 days in Q2FY26). • Inventory increased to Rs2,178m (vs Q2FY25: Rs1,565m). Our inventory includ
Slide 22: Shareholding Structure
SHAREHOLDING STRUCTURE As of 5TH November Key Institutional Investors - As Market Data % Holding Other Institutional Investors holding less 2026 of Oct 2026 than 1% - As of Oct 2026 Miri Strategic Emerging Markets Market Capitalization (Rs Mn) 4,650 2.3% Fund Acadian Emerging Markets Price (Rs) 132
Slide 23: Minority Investments
UMMM lll MMM MMM MMMM MMMM MMs 03) Minority Investments = — S.CHAND GROUP 21
Slide 24: 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 25: 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
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