Incorporated in 1993, Repro India Ltd is primarily in the business of Printing of Books and Reproduction of recorded media. The Mumbai-based company has significantly evolved from a small printing press in 1990 into a comprehensive, international publishing industry services company with a global footprint spanning four continents.
Repro India serves as a one-stop solution provider for publishers, offering comprehensive print solutions to publishers and corporates. Its services cover the entire value chain—from value engineering and creative designing to pre-press, printing, post-press, knitting and assembly, warehousing, dispatch, database management, sourcing, localization, and web-based services. The company has established itself as a trusted partner in the publishing industry, serving publishers, retailers, bookstores, libraries, and schools both domestically and internationally.
Repro India's business model encompasses multiple segments within the printing and publishing ecosystem. Its operations span traditional offset printing (mainly for educational books), digital printing, and a growing Print-on-Demand (PoD) segment. The company provides physical book distribution, print on demand, offset printing, and digital services, positioning itself as a comprehensive solution provider for modern publishing needs.
The company's manufacturing capabilities are well-distributed across India with plants in Surat, Navi Mumbai, Bhiwandi, and Chennai. These facilities produce millions of books every year for publishers in India and across the globe at minimal cost and with optimal turnaround times. The infrastructure includes cutting-edge web offset machines, state-of-the-art bindery, and relationships with top paper mills.
Repro India has embraced technological advancement in the education sector through its proprietary learning management system. The company provides RAPPLES, a learning solution featuring a learning management system for students and teachers; and operates an e-books store. This customisable and robust pre-loaded educational tablet offers an unprecedented learning and teaching solution aimed at imparting knowledge in the most effective and compelling way.
The company has successfully expanded its operations beyond India's borders. With a presence spanning four continents—from Asia and Africa to the U.S. and the U.K.—Repro has been serving the globe with its pioneering industry solutions for nearly three decades. The company has established sales offices in key international markets including Mumbai, Delhi, USA, UK, and Nigeria.
Repro India's client portfolio includes prominent publishers such as Penguin, Pearson, Orient Blackswan, Lakshmi Saraswati, Rachna Sagar, Jeevandeep, Chetana, Vikram, Symbiosis Distance Learning, Jetking, IIHT, IMS, ICWA, Subhash, Autumn, and Arcturus, demonstrating the company's strong market positioning and client relationships.
As of March 2025, Repro India has a market capitalization of ₹804 crore. The company's financial performance has faced challenges in recent periods. For the full year ended March 2025, a net loss of Rs 2.06 crore was reported, compared to a net profit of Rs 12.01 crore during the previous year ended March 2024. Similarly, sales declined 2.82% to Rs 465.95 crore in FY2024-25, as against Rs 479.46 crore in FY2023-24.
For the quarter ended March 2025, Repro India's net profit declined 62.08% to Rs 1.13 crore as against Rs 2.98 crore during the previous quarter ended March 2024. The quarterly sales performance also reflected the challenging environment with sales declining 3.22% to Rs 123.06 crore in Q4 FY2024-25, as against Rs 127.15 crore during Q4 FY2023-24.
- Q4 FY2024-25 Performance: Revenue of ₹123.06 crore, Net Profit of ₹1.13 crore
- FY2024-25 Performance: Revenue of ₹465.95 crore, Net Loss of ₹2.06 crore
- Market Capitalization: ₹804 crore (as of March 2025)
- Promoter Holding: 46.78% (as of March 2025, decreased from 46.87% in June 2024)
- Return on Equity (ROE): Low at 1.86% over the last 3 years
- P/E (Price-to-Earnings) Ratio: -355.13
- P/B (Price-to-Book) Ratio: 1.89
The company's leadership is headed by Vinod Vohra as Chairman and Sanjeev Vohra as Managing Director. Promoter holding in Repro India Ltd has shown a slight decrease to 46.78 per cent as of March 2025 from 46.87 per cent as of June 2024. The company maintains strong corporate governance practices and is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Repro India operates in the specialized printing and publishing services sector, classified as a Small Cap company. The company has demonstrated resilience despite recent financial challenges, leveraging three decades of publishing experience, customers across four continents, and countless books in its portfolio. The company continues to focus on expanding its market presence, particularly looking to enter the Southern India educational market.
The stock has shown volatility, with its share price moving down by 25.17% on BSE over the last 12 months. However, it has demonstrated longer-term growth potential with its share price moving up by 54.69% on BSE over the last 3 years.
