The legacy education content publisher posted a 65% jump in operating income in FY25 and ended the year with over ₹100 crore in cash reserves, without raising fresh capital or going all-in on digital pivots. According to Saurabh Mittal, chief financial officer of S. Chand, the company’s focus has been clear: resist the hype, avoid overextension, and double down on content that works across formats—print and digital alike. Also read: Education, manufacturing transformation key to India becoming developed: NITI Aayog chief executive “Education is a staircase business, not an elevator business,” Mittal said in an interview. “We’d rather grow slower but generate consistent free cash flows, than chase high topline growth that doesn’t translate to meaningful returns. We’ve seen cases where companies doubled revenue but still struggled with cash burn. For us, it’s about sustainable, efficient growth.” The company’s stock ended little changed at ₹217.65 on the BSE on Wednesday. S. Chand has stayed conservative in the years of edtech’s rise and fall, cutting inefficiencies, expanding its digital content library and preparing its backend systems. The company is structuring its content and tech infrastructure in a way that makes it flexible and ready to be delivered across multiple platforms or formats, including print, digital, hybrid, or even third-party platforms.Reinventing without the noiseDelhi-based S. Chand emerged from the covid years leaner, profitable and more agile. In FY19, the company had net sales of ₹522 crore and a net loss of ₹67 crore. In FY20, the revenue fell to ₹429 crore, while losses jumped to ₹111 crore. Since then, the company has seen a turnaround, with FY21 loss narrowing to ₹6 crore, and it has been profitable since FY22, when it made ₹8 crore. “Our tech stack is fully consolidated, but we haven’t tried to build it ourselves,” Mittal said. “Enough vendors are building good tools. We focus on content and let tech specialists handle distribution layers.” The company’s digital content library has expanded by nearly 30% over the last two years, with new content across national-level education boards CBSE, ICSE and NEP-aligned curricula. Test-prep material, tie-ups with educational YouTubers and QR-enabled Google Lens (image recognition technology) integrations are also part of the growing ecosystem. Print, however, remains the mainstay. “K–8 books still drive the bulk of revenues,” Mittal said. “Despite the noise, most schools that switched to tablets have moved back to print. Books are cheaper, simpler to use and less distracting.”Betting on NEPThe ongoing implementation of India’s National Education Policy (NEP) and new curriculum frameworks is proving to be a structural tailwind. As National Council of Educational Research and Training (NCERT) textbooks are updated and state boards begin aligning their syllabi, S. Chand i in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. 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S. Chand’s understated expertise: The way a traditional publishing company endured the challenges of the edtech downturn.
