S Chand's quiet reinvention trumps the edtech hype

S Chand's approach stands in contrast to the aggressive expansion and high burn rates in the edtech sector

- Gaurav Laghate

At a time when India's leading edtech firms are struggling with job cuts, financial write-downs, and investor fatigue, the 75-year-old S Chand and Co. is providing a valuable lesson in measured and sustainable reinvention.

The legacy education content publisher posted a 65% jump in operating income in FY25 and ended the year with over ₹100 crore in cash reserves, without raising fresh capital or going all-in on digital pivots.

In an exclusive interview with Mint, Saurabh Mittal, chief financial officer of S Chand, said the company's focus has been clear: resist the hype, avoid overextension and double down on content that works across formats—print and digital alike.