SCHANDNSES Chand And Company LimitedHighNeutral
Announced Fri, 22 May · 16:22 IST

S Chand And Company Limited has submitted to the Exchange, the Audited Standalone & Consolidated financial results for the period ended March 31, 2026.

Pat NegativeExceptional ItemEbitda Margin CompressionResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹171.00
prior close
₹184.20
base price
After-mkt
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AI summary

S Chand reported FY2026 consolidated revenue of Rs 7,987.46 million (up ~11% YoY) but standalone revenue of Rs 2,930.58 million was nearly flat (-0.3% YoY). Consolidated PAT grew 21.4% to Rs 731.36 million, benefiting from subsidiary performance, yet standalone PAT declined sharply by 28.5% to Rs 112.52 million vs Rs 157.37 million. The auditors (Walker Chandiok & Co LLP) issued an unmodified opinion on both standalone and consolidated results. Exceptional items include Rs 55.25 million in investment impairment (subsidiary writedown) and Rs 13.80 million for new labour code provisions. The Board declared an interim dividend of Rs 4 per share (80%) with record date May 29, 2026. A corporate guarantee of Rs 20 crore was also approved for subsidiary New Saraswati House (India) Private Limited's bank credit facility.

Likely market impact

The sharp standalone PAT decline of 28.5% despite consolidated growth suggests cost pressures or impairment charges at the parent level. The dividend and clean audit provide support, but margin compression signals operational challenges for shareholders.