#Didyouknow
S Chand & Co is the leading K-12 education content company in terms of revenue from operations in Fiscal 2016, with a strong presence in the CBSE/ICSE affiliated schools and increasing presence in the state board affiliated schools across India?
S Chand & Co is the leading K-12 education content company in terms of revenue from operations in Fiscal 2016, with a strong presence in the CBSE/ICSE affiliated schools and increasing presence in the state board affiliated schools across India?
1)The co. offers 55 consumer brands across knowledge products and services including S. Chand, Vikas, Madhubun, Saraswati, Destination Success and Ignitor.
2)Revenue can be estimated to be around Rs5bn in FY22 aided by price hike of ~5-10%. After having managed a successful turnaround in FY21, NCF implementation remains a key factor to monitor (announcement expected in FY23) as it would set the growth trajectory for next 2-3 years.
3)LearnFlix, S Chand’s digital offering, is witnessing strong growth. So far, it has managed 255,000 downloads with 21,100 paid subscribers. The plan is to add English and SST subjects & launch the product for classes 11th & 12th, by 2QFY22.
4)In addition, LearnFlix Bangla is expected to be launched by 2QFY22 in partnership with Chhaya. The digital business is expected to contribute ~20-25% of revenues in next 3 years as e-learning gains traction.
5)Digitally enabled School Curriculum Solution for the K-8
segment is now ready to grow exponentially. Affordable Private Schools would be enabled with this one stop solution for all their curriculum, content, teacher trainings and assessment needs.
segment is now ready to grow exponentially. Affordable Private Schools would be enabled with this one stop solution for all their curriculum, content, teacher trainings and assessment needs.
6)Enabling Schools with the Mylestone Teacher and Student App
will increase the retention.
Expecting strong growth in FY22 on back of school openings and
increased adoption of digitally enabled solutions by schools.
will increase the retention.
Expecting strong growth in FY22 on back of school openings and
increased adoption of digitally enabled solutions by schools.
7)Madhubun Educate360 is the newly conceived K-12 Blended learning solution for enabling schools to conduct online classes, student assessments, e-book support etc. as a response to the Covid-19 crisis. This product is NEP 2020 compliant supporting the recommended pedagogies.
8)Increased paid implementations to 21 schools for FY22.
The co. had done pilots in over 50 schools on a pan India basis reaching out to over 7,000 students spread over 2 classes and covering 5 subjects during 2HFY21.
The co. had done pilots in over 50 schools on a pan India basis reaching out to over 7,000 students spread over 2 classes and covering 5 subjects during 2HFY21.
9)The schools have given very positive feedback and the co. is hopeful of more conversions going ahead through the year.
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