PVLF 2025

S Chand Eyes ₹800 Cr Revenue with Digital, NCF Push

S Chand partners with Google Lens, plans acquisitions, and aims for ₹800 crore revenue by enhancing digital tools and aligning with the NCF framework.
on Jun 18, 2025

S Chand, the textbook leader and education content provider, hopes to exceed Rs 800 crore revenue in the ongoing fiscal with the help of its core business performance and digital drive, its CFO Saurabh Mittal informed on Tuesday.

Google, the internet major, has collaborated with this 86-year-old publishing company to bring its Google Lens into school textbooks to enable interactive learning tools so that students can view explanations, translations and solution help.

The program, in which students by scanning textbooks can view explanations and interactive video lessons, has already been implemented across more than 300 textbook titles of S Chand, selling over 5 million copies in print.

Apart from doing this on the online side, S Chand, with its in-house available funds, is also looking for acquisitions to bridge the gaps in its product, be it the test prep section or international curriculum, he added.

"We have sufficient cash in our system to pursue acquisitions. So, we are exploring some opportunities. We will likely make an announcement in the next six months," Mittal informed PTI.

S Chand, which acquired Chhaya Prakashani in December 2019-20, has not done any acquisition over the last six years.

"But this is what we are venturing out to do more. We have, between, made a lot of edtech investments, in some of which we have already exited," he said.

As per Mittal, S Chand's 85 per cent revenue is from textbook sections and the remaining from digital initiatives and others.

S Chand's revenue was Rs 732.7 crore for the year ended March 2024.

"For the current fiscal year, we have provided guidance of Rs 800 crore," he added.

The past 2-3 years have been hectic with the implementation of NCF (National Curriculum Framework), which provides framework for preparing and implementing the school curriculum in India, said Mittal.

"Priority for us is to see that at least all the user schools transition to the new NCF curriculum within the next two years. But that deployment is slow; hopefully, by the close of this year, the majority of the books should have been printed by NCERT," he added.

In NCF, the publisher will need to see to it that books align as closely with NCERT as possible, Mittal said.

"That was the thrust during the last two, three years. Now in the future, we have several things. Wherever there are gaps in our system, we are attempting to fill it, internally or through acquisitions," he said.

Post-COVID, there are shifts in teaching and learning, particularly nine to twelve class segment, according to Mittal. It has also increased its presence on platforms such as YouTube.

"A lot of kids are transitioning to YouTube to pick up concepts. So, we have also included simulations. We also included a lot of videos in our book so that at least they get original content," he stated, highlighting that those are now included in the books.