S Chand & Company Ltd. News and Updates

Name: Latest research reports of S Chand & Company Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: S Chand & Company Ltd.
Rating: 5
Author: Prabhudas Lilladhar

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S Chand & Company Ltd.

23 Jun 2021

Q4FY21 Result Update - Turnaround complete, eyeing growth - BUY

buy: S Chand & Company Ltd.

Target

Prabhudas Lilladhar

(minor loss of Rs65mn) backed by successful implementation of S Chand 3.0 plan that focused on cost rationalization & improvement in working capital. While S Chand's results were below our estimates, BS & NWC metrics days in FY20) while net debt reduced to Rs1.2bn (Rs1.8bn in FY20). After...

S Chand & Company Ltd. has lost -27.40% in the last 1 Year

S Chand & Company Ltd.

16 Feb 2021

Q3FY21 Result Update - Anticipation of a normal 4Q sales season - BUY

Buy: S Chand & Company Ltd.

Target

Prabhudas Lilladhar

We cut our EPS estimates by 22% for FY21E as schools for K1-K5 (contributes ~30% to sales) have still not opened in most states. While management sounded confident that an announcement is expected soon given CBSE/ICSE boards have come out with circulars directing schools to start the new academic year on schedule we choose to remain conservative. Nonetheless, given that the next academic year can just get delayed but may not result in complete loss of business (spill-over of revenues can happen...

S Chand & Company Ltd. is trading below all available SMAs

S Chand & Company Ltd.

18 Nov 2020

Buy S Chand and Company; target of Rs 86: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher is bullish on S Chand and Company has recommended buy rating on the stock with a target price of Rs 86 in its research report dated November 12, 2020.

S Chand & Company Ltd. has lost -27.40% in the last 1 Year

S Chand & Company Ltd.

12 Nov 2020

Q2FY21 Result Update - Aggressive plans for the Ed-Tech space - BUY

Buy: S Chand & Company Ltd.

Recommendation Target

Prabhudas Lilladhar

S Chand's operating performance (EBITDA loss of Rs363mn) was in-line with our estimate of Rs374mn in a non-seasonal quarter due to stringent cost control. Management indicated that schools will re-open from November onwards in a phased manner and has lined up aggressive expansion plans in the Ed-Tech space. For Mylestone, a digital offering of S Chand, the target is...

S Chand & Company Ltd.'s price crossed above 30Day SMA today

S Chand & Company Ltd.

18 Oct 2020

S Chand and Co

Buy: S Chand & Company Ltd.

Dolat Capital

S Chand & Company Ltd.'s price crossed above 30Day SMA today

S Chand & Company Ltd.

17 Aug 2020

Q1FY21 Result Update - Maiden EBITDA profit in a non-seasonal quarter - Upgrade to 'BUY'

Accumulate: S Chand & Company Ltd.

Target

Prabhudas Lilladhar

If National Curriculum Framework (NCF) is released by April-May 2021, full blown impact will percolate into financials from FY22E. We upgrade S Chand from ACCUMULATE to BUY by raising our target P/E multiple to 5.5x (3.5x earlier) as 1) maiden EBITDA profit of Rs19mn (PLe loss of Rs230mn) in a non-seasonal quarter indicates that cost rationalization program is on track (opex cost was down 26.3% YoY; a reduction of ~15-20% is envisaged in FY21E) 2) focus on working capital efficiency is clearly...

S Chand & Company Ltd.'s price crossed above 30Day SMA today

S Chand & Company Ltd.

17 Jul 2020

Lockdown effect: Textbook publisher S Chand sees lumping up of revenues in FY21'

Business Line

S Chand and Company, the textbook publishing group, expects a shift in orders to the first half of this fiscal, particularly after July.While January

S Chand & Company Ltd. has an average target of 305.00 from 1 broker.

S Chand & Company Ltd.

03 Jul 2020

Accumulate S Chand and Company; target of Rs 57: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher recommended accumulate rating on S Chand and Company with a target price of Rs 57 in its research report dated July 01, 2020.

S Chand & Company Ltd.'s price crossed above 30Day SMA today

S Chand & Company Ltd.

01 Jul 2020

Q4FY20 Result Update - COVID-19 disrupts path to recovery - Accumulate

Accumulate: S Chand & Company Ltd.

Target

Prabhudas Lilladhar

rationalization by 10-20% to result in cost savings in FY21. COVID-19 led to a revenue loss/spillover of Rs1.6-1.8bn. While cost generation at Rs486mn was below expectations of Rs1.2bn as lockdown impacted collection efforts and led to inventory pile up. Given the uncertain timeline regarding start of the upcoming academic year, full recovery of...