Repro India Ltd

CFO cessation

• CFO Abhinav Vohra resigns; cessation 31 December 2026; pursuing startup venture and broader tech/digital focus.
• Interim arrangements in place; new CFO appointment under process.

Repro India Ltd — Trading Window Closure from October 01, 2026 till end of 48 hours after the announcement of the Unaudited Financial Results for the quarter and half year ended September 30, 2026

Target and deal details

• Target: Repro LLC, UAE-based distributor of books online and offline.
• Paid-up capital: AED 10,000 consisting of 100 shares of AED 100 each.
• Turnover: Nil; business operations not commenced.
• Acquirer: Repro Books Limited (RBL), wholly owned subsidiary of Repro India.
• Acquisition: 100% equity shares via cash consideration.
• Consideration: AED 10,000 cash.
• Post-acquisition status: Repro LLC becomes a wholly owned subsidiary of RBL.
• Regulatory: subject to SHAMS share transfer formalities and other approvals.
• Timeline: completion expected on or before August 31, 2026, subject to approvals.
• Related party: sellers are promoters/directors of Repro India; arm's length basis.
• Industry: Books distribution.
• Background: Repro LLC incorporated July 15, 2025 in Sharjah, UAE; turnover Nil.
• Rationale: strengthen UAE presence and enable distribution operations.

Business overview

• Core business combines digital publishing platform and print services.
• Main verticals: Digital Business and Long Run Print Services.
• Tech-enabled publisher distribution ecosystem underpins growth.
• Strategic partnerships with Amazon, Flipkart, Amazon US, and Ingram.
• Expense-based tech investments; FY27 capex guidance 10–15 cr.

Key operational highlights

• Q1 FY27 consolidated revenue ~ Rs 141 cr, up 20% YoY.
• Digital Biz revenue Rs 104 cr; Platform revenue Rs 74 cr.
• Platform annualized run-rate Rs 300 cr.
• Exceptional gain Rs 167 cr from Mahape land sale.
• Gross margin ~ 44.5%.

Financial performance

• EBITDA after intangible investments Rs 5.3 cr.
• Cash surplus; debt-free with Rs 70 cr.
• Capex in Q1 FY27: Rs 0; FY27 capex guidance Rs 10–15 cr.
• Direct content in repository: 1.22 million titles; 851 publishers onboarded.
• Digital Books per day: 43,636; YoY growth 3%.

Capital structure & liquidity

• Debt-free with cash surplus Rs 70 cr.
• No capitalization of intangible assets in Q1 FY27.
• FY27 capex guidance Rs 10–15 cr.

Strategic priorities & outlook

• Tech-led publisher distribution with AI-driven content monetization.
• Plan to digitize and monetize dormant Indian content; expand globally.
• Open up to 10 sales channels by next year.

Governance & leadership

• No governance changes disclosed in this update.

Key results

• Board approved standalone and consolidated Q1 FY27 unaudited results for quarter ended 30 Jun 2026.
• Consolidated revenue from operations: ₹13,991 lakhs; total income: ₹14,139 lakhs; other income: ₹148 lakhs.
• Exceptional item: net gain on sale of leasehold rights ₹17,063 lakhs from Mahape property transfer.
• One-time employee incentive cost related to Mahape project reported as other expenses.

Audit & notes

• Independent auditor MSKA & Associates LLP reviewed the consolidated results; no material misstatement reported.

EPS discrepancy

• Clerical error caused incorrect EPS figures in the XBRL filing for quarter/year ended 31 March 2026.
• Correct EPS to be recorded: standalone (25.57) and consolidated (23.24); previously (25.61) and (23.68).
• Board-approved results unchanged; no financial impact.
• Revised XBRL re-submitted on 17 July 2026.

Meeting Details

• Scheduled board meeting on Tuesday, August 4, 2026.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated results for quarter ended June 30, 2026 with Limited Review Report.

Other Notes

• Trading window closed from July 01, 2026 until 48 hours after results.

AGM notice and voting

• 33rd AGM scheduled for 04 August 2026 via VC/OAVM.
• Remote e-voting facility available; e-voting during AGM.
• Newspaper ads in Business Standard (English) and Aapla Mahanagar (Marathi).
• Intimation filed with stock exchanges on 11 July 2026.

AGM & Annual Report access

• AGM to be held Aug 4, 2026 at 3:30 PM IST via VC/OAVM.
• Annual Report FY25-26 accessible online; link and path on Investors portal.
• Web-link with exact path to Annual Report provided.

KYC & dematerialisation reminders

• KYC updation reminder per SEBI circular; PAN, address, mobile, bank details required.
• Physical holders must dematerialise securities to receive payments electronically.
• Email registration encouraged for future communications.