Repro India Limited · NSE:REPRO
Repro India — IPO Roadshow (November 2005)
28 slides from Repro India's IPO roadshow presentation, November 2005
Slide 1: Repro India Limited – Value Added Print Solutions
Repro India Limited Value Added Print Solutions November 2005
Slide 2: Disclaimer Statement
Disclaimer Statement This presentation has been prepared by Repro India Ltd (“ Repro” or “the Company”) solely for providing information about the Company. The information contained in this presentation has not been independently verified by Enam Financial Consultants Private Limited (“ENAM”). No re
Slide 3: Issue Summary
Issue Summary Total Issue 26,20,000 Equity Shares of Rs. 10/- each. The Issue would constitute 25 % of the Fully Diluted post issue paid-up capital of the Company. QIB portion 13,10,000 Shares constituting 50% of the Net Issue Non-Institutional Portion 3,93,000 Shares constituting 15% of the Net Iss
Slide 4: Issue summary
Proposed IPO • IPO size :Fresh Issuance : 26,20,000 shares Capex for Enhancement of Existing Facility (Rs. 18.4 cr) – QIB’s Æ 50% + Issue summary Setting up New Facility – Non-Institutional Æ 15% at Navi Mumbai – Retail Æ 35% Special Economic Zone (Rs. 14.5 cr) (All Categories on Proportionate Basis
Slide 5: Contents
Contents 1. Repro – A Snapshot 2. Repro’s Business and Profile 3. International Outsourcing Opportunity 4. Summary For Risk Factors & Other Details – Please refer Red Herring Prospectus 5 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 6: Repro – A Snapshot Summary
Repro – A Snapshot Summary • Repro – a Value Added Print Solution provider for domestic and international markets – Known for high quality, customised design and print solutions – Expanded services to content creation, product redesign, creative finishing and logistic fulfillment • Having establishe
Slide 7: Repro's Business and Profile
Repro India Limited Repro’s Business and Profile For Risk Factors & Other Details – Please refer Red Herring Prospectus 7 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 8: The Indian Print Industry
Repro’s Business and Profile The Indian Print Industry • Indian Printing Industry estimated at US$ 11 bn. has grown at 14% CAGR over last 25 years • Highly fragmented, with low entry barriers at the lower end ¾Few printers have moved up the value chain • Large opportunity for large integrated domest
Slide 9: Content & Print Solutions
Repro’s Business and Profile Content & Print Solutions Understanding Delivering the Solution Create Manufacturing The Need Content + Product Create Master current production Standardisation Write + process Create Formats + Storage + + Illustrate + Future Print Cost Economies + Archival Requirement +
Slide 10: Content Design and Services
Repro’s Business and Profile Content Design and Services Content Creation : from concept to final product Content Enhancement : from manuscript to final product • Concept Content Conversion : from book to CD and web • Character Development • Copy Writing • Design • Re-Design • Illustrations • 1 to 4
Slide 11: Some of our work…
Some of our work… 11 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 12: Some of our work…
Some of our work… 12 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 13: Some of our Domestic Customers
Repro’s Business and Profile Some of our Domestic Customers 13 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 14: Our Value Proposition
Repro’s Business and Profile Our Value Proposition • Relationship not Transaction based – strong customer relationships by offering : ¾ Quality enhancement, Standardisation of product & process, Cost economies, Time to market • Complete range of print services to provide a one stop shop • Range of v
Slide 15: Management Team
Repro’s Business and Profile Management Team Board of Directors Vinod Vohra (Chairman) Sonia Mehta – Creative Director Sanjeev Vohra (MD) Col. Mehta – Director – Supply Chain Operations Mukesh Dhruve (CFO) Shekhar Bangera (Sr.Vice President) – Marketing Dushyant Mehta Srihari Raghavan (Sr.Vice Presi
Slide 16: Our Human Capital
Repro’s Business and Profile Our Human Capital TRAINING DEFINED RECRUITMENT FORMAL & INFORMAL GROWTH PATH HRD INITIATIVES Young recruits Over 440 ÂDevelopment of ÂGrowth into ÂShared Vision from people with members with focus managerial ÂOwnership management, an equitable on levels Concept technical
Slide 17: The International Outsourcing Opportunity
Repro India Limited The International Outsourcing Opportunity For Risk Factors & Other Details – Please refer Red Herring Prospectus 17 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 18: Print Outsourcing on the Upswing Globally
The International Outsourcing Opportunity Print Outsourcing on the Upswing Globally • Global publishing houses outsourcing printing requirements to lower cost destinations globally, with technology permitting offshoring ¾ US offsite printing to grow to ~$25bn by 2009 (source: Cap Ventures) ¾ Process
Slide 19: Greater Spend on Non 'Print' Services
Print Industry Trends Greater Spend on Non ‘Print’ Services • Publishers spending more on pre print services – concept, design, creation – to differentiate and meet customer requirements • Outsourcing on the upswing from ‘traditional print’ services to such value added services and even logistics an
Slide 20: Printers realigning business models
Print Industry Trends Printers realigning business models Highly fragmented business globally, most players operate at the lowest end of the value chain as spec and bid printers 20 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 21: Our Growing International Presence
The International Outsourcing Opportunity Our Growing International Presence exports as a % to total 1000 40 Amount in Rs. Mn 800 30 600 sales 20 400 200 10 0 0 FY 2003 FY 2004 FY 2005 HY1 06 Sales Exports (%) • Own offices and participation in international book fairs has helped build up our export
Slide 22: Some of our International Customers
The International Outsourcing Opportunity Some of our International Customers 22 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 23: Financials
Repro India Limited Financials For Risk Factors & Other Details – Please refer Red Herring Prospectus 23 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 24: Financial Overview
Financial Overview Rs Cr FY 2002 FY 2003 FY 2004 FY 2005 H1FY2006 Sales 60.9 71.7 81.5 86.6 53.5 India 60.9 71.7 70.8 59.0 33.5 Exports - - 10.7 27.6 20.0 EBITDA 11.0 11.9 9.8 12.1 11.1 PBT 4.7 6.4 4.9 6.0 7.6 PAT 3.2 4.6 3.6 4.5 5.0 OPM (%) 18 17 12 14 21 FY 2003 : Realised growth / profitability c
Slide 25: Financial Overview
Financial Overview Rs Cr FY 2002 FY 2003 FY 2004 FY 2005 H1FY2006 Net Worth 25.6 25.3 28.0 31.6 36.6 Debt 28.8 28.0 35.9 41.0 41.3 Capital Employed 54.4 53.3 63.9 72.6 77.9 ROCE (%) 15 17 10 12 23* RONW (%) 13 18 13 14 27* * annualised Improving asset turn ratios due to business mix change High fina
Slide 26: Summary
Repro India Limited Summary For Risk Factors & Other Details – Please refer Red Herring Prospectus 26 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus
Slide 27: Summary
Repro India Ltd Summary • A leading domestic printer, poised to address large international outsourcing opportunities • Management team and processes in place • Customer relationships established, scaling imminent • Robust financials facilitating growth initiatives Proof of concept demonstrated, Now
Slide 28: Thank You
THANK YOU 28 For Risk Factors and Other Details – Please Refer to Red Herring Prospectus