Repro india limited

Overall decent performance by Repro in FY23.
Investor PPT: https://www.bseindia.com/xml-data/corpfiling/AttachHis/d616eeaa-e302-4892-8543-ee673d00c733.pdf
Q4 result: https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3e9710b-520a-46a1-8085-2fa2bd07aac1.pdf

Key Points:

• The company operating margins doubled from 5% to 10% in FY’23 with bottom-line turned positive after 2 years.
• Current Capacity of POD 40000/day. (largest POD player in India)
• Digital business is witnessing a healthy growth average sales 16,025/day in FY’22 to 25035/ day (circa 56%)
• Healthy %age growth of direct publishers – 55% in FY’22 and 44% in FY’23
• %age growth in direct content (titles in lakhs) in FY’23 – 6.09lac to 7.10lac (circa16.6%)
• Additional 10Mn titles via the exclusive partnership with Ingram Content Group.
• Indian book market is 3rd largest; Rs 66,000cr (FY22) growing at a CAGR of 8.6%.
• Per capita spend on books in India is $5 vs $17 (globally) and share of digital content is 8% vs 21%(globally)

Disclaimer: Invested from lower levels, no transaction in last 1 month in view of furious move. No buy/sell recommendation…