Repro India Limited — PPTs, 14-11-2025: Investor Presentation

**Business Performance:** Repro India posted Q2 FY26 consolidated revenue of Rs 108.21 Cr, up 2% YoY. The digital business was a strong performer, surging 13% YoY to Rs 95.3 Cr and now contributing 90% of total revenue. Digital books processed daily grew 12% to 43,514. In contrast, the long-run printing vertical saw a 43% decline to Rs 13 Cr, impacted by structural changes in NCERT's distribution model.

**Growth Drivers & Strategy:** Repro is focused on expanding its digital ecosystem. Key strategies include deep integration with major channels like Amazon and Flipkart, significant tech investments in automation, and launching micro Print-on-demand facilities to optimize delivery and reduce logistics costs. The company plans to increase sales channels to 10 globally and leverage technology to transform its supply chain for broader market reach.

**Recent Developments:** A long-standing industrial dispute at the Mahape facility was successfully settled, involving a one-time cost of Rs 18 Cr for employment settlement. The facility's assets are now available, with management exploring options to create value.

**Key Financial Metrics & Outlook:** Q2 FY26 consolidated EBITDA improved to Rs 8 Cr (YoY from Rs 5 Cr). The company reported a net loss of Rs 4.54 Cr for the quarter. Net Debt rose to Rs 94 Cr, primarily due to ongoing digital capital expenditure, which is expected to ease in the second half of the fiscal year. Management anticipates double-digit consolidated revenue growth for Q3.