S Chand Q1 Review - Eyeing Covid-19 Free Sales Season: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Prabhudas Lilladher Report.S Chand and Company Ltd.’s Q1 performance was impacted by delay in the start of academic session amid emergence of second wave. As most states are eyeing a staggered re-opening around August/September, some revenue spill-over is expected in subsequent quarters. If the upcoming sales season is not impacted by third wave, S Chand's revenue can be in the region of Rs 5 billion in FY22 aided by price hike of ~5-10%. After having managed a successful turnaround in FY21 (break-even achieved after reporting losses in FY19 and FY20), new curriculum framework implementation remains a key factor to monitor (announcement expected in FY23) as it would set the growth trajectory for next two to three years..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

S Chand Q1 Review - Eyeing Covid-19 Free Sales Season: Prabhudas Lilladher

S Chand Q1 Review - Eyeing Covid-19 Free Sales Season: Prabhudas Lilladher

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