Manoj,

You are right about that - we did not focus on digital publishing. Because that is not a segment that matters. Refer to the Segment info on BQ Sheet1.

Where is the FOCUS then - only one thing - if the business has done well in the past, why will it be sustainable in the future; Just why can't somebody dislodge it from its perch in its own niche - that's the one answer we want to find out - either way. Focus on where 80% of the business comes from.

Digital Publishing is an important segment no doubt in the overall publishing industry, and set to grow faster bigger in the years to come - the way content consumption needs are changing - multiple devices, multiple formats.

However competency - one would reckon is open to anyone and everyone, lots of players, not a protected market for them unlike the Academic/Educational Books & Journals segment; though they will continue to offer these services - more to complete service portfolio where existing customers - Academic/Educational customer need digital publishing/content transformation solutions, or newer customers like Apple say; volumes will be small, margin profile should be poorer. They might have some Marquee customers in this segment too, one can reckon. But the real moolah lies elsewhere

MPS BQ and MQ are awesome. Loads of info. I am new to MPS and please excuse my stupid questions.

In Management Q&A, I didn't find much questions on Digital Publishing segment. eBooks, School books on tablets are fast becoming the norms of western world. Is MPS having any expertise in this segment ? Any plans to ramp up this segment in the future ?

Kudos to Ayush and Pratyush.
Dear Sourabh, Can you share some of the queries how to identify good fish.

For FY15 the numbers were
Gross NPA % - 1.3 and Net NPA % - 0.5

Substantial increase from here and this year may not end well. Though the topline growth looks ok for now.