Are S Chand & Compan latest results good or bad?

The latest financial results for S Chand & Company reveal a complex picture of the company's operational performance. In the quarter ended September 2025, S Chand reported net sales of ₹49.35 crores, reflecting a year-on-year growth of 31.78% compared to ₹37.45 crores in the same quarter of the previous year. However, this figure represents a significant sequential decline of 51.91% from the previous quarter, indicating a challenging seasonal performance as the September quarter is typically weak for the company.
The company experienced a consolidated net loss of ₹52.72 crores, which is a notable increase from the loss of ₹51.68 crores reported in the same quarter last year. This loss is attributed to high fixed costs and a lack of operational leverage during off-peak periods, resulting in an operating margin of -121.88%. The operational challenges are compounded by elevated employee costs, which remained high despite the reduced revenue.

S Chand's return on equity (ROE) for the latest fiscal year stands at 6.42%, which is below industry standards, indicating ongoing difficulties in generating adequate returns on shareholder capital. The company’s balance sheet remains relatively strong, with a net cash position and minimal debt, providing some financial flexibility amidst these operational challenges.

The company saw an adjustment in its evaluation, reflecting the market's response to its financial performance and ongoing structural challenges within the educational publishing sector. Overall, while there are positive indicators such as year-on-year revenue growth, the significant sequential losses and operational inefficiencies highlight the need for strategic improvements moving forward.