S Chand Completes BPI India Acquisition, Enhancing Its Publishing Portfolio

S Chand and Company Limited has completed the acquisition of the residual 49% equity holding in BPI (India) Private Limited for ₹41.6 million. The strategic acquisition, announced on 7th February, 2025, makes BPI India a wholly-owned subsidiary of S Chand, strengthening the company's hold in the educational publishing industry.

 

Major highlights:

 

1.Purchase of 49% holding in BPI India for ₹41.6 million

2.BPI India becomes S Chand's wholly-owned subsidiary

3.Due for completion by March 31, 2025

4.Fits into S Chand's vision to drive value-added products

 

S Chand, which has had a 51% holding in BPI India so far, views this purchase as a move to consolidate its children's book portfolio across various genres such as fiction, non-fiction, classics, fantasy, and adventure.

 

The Managing Director of the company said, "This acquisition demonstrates our focus on delivering high-quality educational content and expanding our product portfolio in the competitive publishing market."

 

The move comes as S Chand continues to exhibit encouraging growth patterns, with analysts predicting a 23.7% average annual earnings growth rate for the next three years. The company's shares closed at ₹169.51 on March 26, 2025, an indication of investor interest in its growth strategy.

 

Sources: S Chand Regulatory Filing, SimplyWall.st, March 26, 2025