Repro India Limited · NSE:REPRO
Repro India — Q2 FY2026 Earnings Presentation
30 slides from Repro India's earnings presentation, Nov 14, 2025
Slide 1: Investor Presentation filing letter to BSE and NSE
November 14, 2025 To, To, BSE Limited, National Stock Exchange of India Ltd., P. J. Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex,Bandra East, Mumbai – 400001 Mumbai – 400051 Scrip Code: 532687 Symbol: REPRO Dear Sir/Madam, Sub: Investor Presentation Pursuant to Regulation 30 of the SEB
Slide 2: FY2026 – Q2: Performance Highlights
FY2026 – Q2 : Performance Highlights
Slide 3: Highlights: Q2 FY26
Highlights: Q2 FY26… Digital biz vertical Q2 FY26 revenue @ ~ Rs 95.3 cr, YoY growth @ 13%. Digital Books per day @ 43514 : YoY growth @ 12% Publishers Onboarded 794: YoY growth @ 19%, Direct content in repository touch 1.10 million books: YoY growth @ 4%. Growth Momentum in digital Biz expected to
Slide 4: Highlights: Q2 FY26 and Q1 FY26
Highlights: Q2 FY26… Highlights: Q1 FY26… Consolidated Q2 FY26 Revenue @ ~ Rs 108 cr. Consol revenues are have grown ~2 % YoY despite 43% decline in the long run vertical (revenue @ ~Rs 13 cr for the quarter) . Double digit consol revenue growth is expected in Q3. The major reason for the decline is
Slide 5: Key Levers in Digital biz
Key Levers in Digital biz • Deep integration with Key channels continues: During the year Repro has continued to expand the market share on Amazon & Flipkart channels and is top 3 sellers in book category on both channels. We have grown more than 2x vs channels’ growth rate in the books category • I
Slide 6: Our Partners
OUR PARTNERS 794 + 1Million + 8 Mil Titles Approx. 10 Million +Orders fulfilled in our Digital business in last FY and many more..
Slide 7: ₹70,000 crore Key Insights
KEY INSIGHTS These 794 publishers contribute to 55% of the Total Addressable Market (TAM) of the Indian books market of ₹70,000 crore In the past 3-4 years we have successfully transformed the mindset of traditional publishing to a much more efficient and transformative on demand model. Now, how do
Slide 8: Two Growth Levers
TWO GROWTH LEVERS INCREASING THE NUMBER OF CHANNELS TRANSFORMING THE SUPPLY CHAIN USING TECHNOLOGY
Slide 9: Channels
CHANNELS • Repro, with over four decades of rich industry • Strategic International Partnerships: We have • Leveraging RBL’s Unique Offerings: We have experience, created Bookscape to address the successfully onboarded two major global devised strategic partnerships with both major challenges faced
Slide 10: Supply Chain Efficiency Through Tech
SUPPLYCHAIN EFFICIENCY THROUGH TECH POINT OF CONSUMPTION WAREHOUSE INTEGRATION • A new project focused on optimizing supply chain operations through advanced technology. Staying close to the point of consumption enables us to • Utilizing technology to seamlessly connect to publisher warehouses, tran
Slide 11: Technology Implementation - Vision
Technology Implementation - Vision Disorganized to Organized Sector Use Technology to convert a disorganized print & distribution ecosystem to organized Connected Digital Platform Connect an extended ecosystem of authors, publishers, printers, distributors and Consumers Digital Distribution Eliminat
Slide 12: The Repro Solution
The Repro Solution Repro Business Vertical Overview Repro has structured the business into separate verticals with clear strategies of their own Repro India Ltd (RIL) Repro Books Ltd (RBL) Long Run Print Services Digital Print Services • High volume printing for top publishers in the K-12 segment
Slide 13: Long run print services
Long run print services – Revenue down more than 70% from steady state due to structural changes in NCERT
Slide 14: Digital Business (Digital Print Services + Platform)
Digital Business (Digital Print Services+ Platform) Revenue growth: 7% 0% 9% 4% 8% 2.9% 4.6% 4% 13% QoQ growth %
Slide 15: Number of books/day – Last 9 Quarters – Digital Business
Number of books/day – Last 9 Quarters – Digital Business YoY growth @ 12%
Slide 16: Digital Business -- Number of Direct Publishers
Digital Business -- Number of Direct Publishers Focus on acquiring relevant publishers and monetizing the existing catalogue. Key segments to focus on Academic, MNC Publishers, Domestic Trade & Journals, Import Substitution from International Publishers.. # of Direct Publishers Potential market of ~
Slide 17: Digital Business – Direct content in our repository
Digital Business – Direct content in our repository Focus would continue on monetization of existing catalogue vs catalogue additions from existing publishers Direct Content ( # titles in Lakhs) Additional 8 mn titles via the exclusive partnership with Ingram Content Group
Slide 18: Snapshot of Q2 FY26
Snapshot of – Q2 FY26 Long run print vertical has seen degrowth of 43% + YoY. Digital biz Gross profit margins in stable range due to diversified has grown 13% YoY product offerings across different geographies
Slide 19: Snapshot of Q2 FY26
Snapshot of Q2 FY26 EBITDA Margin Trends: Impacted due to de-growth in Operating Expenses as % of sales in control… long run biz..
Slide 20: Q2 FY26 - Financials Consolidated
Q2 FY26- Financials Consolidated Rs. In lacs
Slide 21: The Indian Book Market & Repro Opportunity
The Indian Book Market & Repro Opportunity
Slide 22: Repro's Impact on ~USD 9 bn Publishing Industry in India
Repro’s Impact on ~ USD 9 bn Publishing Industry in India.. Dimension Impact • Largest POD (Print-on-demand) player in India with capacity of 70,000 books/day. • Only end-to-end value chain service provider in the books industry, from long-run, short-run & POD printing, distribution, warehousing & f
Slide 23: The Indian Book Market – Key Drivers
The Indian Book Market Indian book market - 3rd largest in the World $8.3 Bn in FY22; growing at a CAGR of 8.6% : Physical books are dominant and sales on e-commerce platform rising Books Market Size FY22 Per Capita spend on books Format 79% INR 10,56,000 Cr* $ 17 Is the share of Physical books. Rem
Slide 24: Amazon Dominates Book Sales Almost Everywhere
Amazon Dominates Book Sales Almost Everywhere Share of respondents in selected countries who bought printed books from Amazon in the last 12 months (in %) United States 4 United Kingdom s& France @D) Switzerland @ Source -- Statista
Slide 25: The Traditional Publishing Model
The Traditional Publishing Model Growth is stunted due to supply chain & working capital inefficiencies Unsold Sold Books Unsold books books Unpaid 180 Days of Credit Unsold Books : A Publisher’s Liability Unpaid by downstream partners, Holding Cost & Risk of becoming Obsolete Sold Books : Delayed R
Slide 26: The New Publishing Model – RBL Enabled
The New Publishing Model – RBL Enabled An efficient supply chain along with levers for market expansion NEGATIVE WORKING CAPITAL CYCLE
Slide 27: The Domestic Content Opportunity – Market Expansion
The Domestic Content Opportunity – Market Expansion Bringing the dormant content of Indian publishers into active distribution will expand the market Lack of Content Digitisation in India has led to over 95% sales coming from merely 1 Lakh titles ~10 Million2 ~1.3 lakh1 All-time titles New Titles re
Slide 28: A Content Aggregator – Repro's Catalogue
A Content Aggregator – Repro’s Catalogue Curated & Widest content repository in India – 0.9+ Mn direct titles & growing; 8Mn+ titles on tap via Ingram 1 8+Mn Via partnership
Slide 29: The Widest array of Channels in India & Abroad
The Widest array of Channels in India & Abroad RBL is format & channel agnostic, being able to monetize content across India & Abroad -- NON-EXHAUSTIVE -- Global + 33,000 more P-Books Landmar k E-Books Repro D2C Audio Books Institutes In pipeline
Slide 30: Books on Demand… Anytime. Anywhere!
Books on Demand… Anytime. Anywhere! The Future of the Publishing Industry is here!