Company Overview

Dachepalli Publishers Limited is an educational publishing house catering to K–12 segment with CBSE, ICSE, and State Board curriculums. Founded in 1998 by Mr. Vinod Kumar Dachepalli and Mr. Rushikesh Dachepally, the company traces its roots to a bookstall set up in the early 1900s.

Q1 FY27 Financial Performance

Total Revenue: ₹451.82 million (26.03% YoY growth from ₹358.50 million in Q1 FY26)

EBITDA: ₹91.99 million (58.76% YoY growth from ₹57.94 million)

Profit Before Tax: ₹85.55 million (69.64% YoY growth from ₹50.43 million)

Profit After Tax: ₹63.06 million (22.28% YoY growth from ₹51.57 million)

Tax Expense: ₹22.48 million (compared to -₹1.15 million in Q1 FY26)

Expense Breakdown:

  • Cost of Materials Consumed: ₹327.12 million
  • Employee Benefits Expenses: ₹20.76 million
  • Operating and Selling Expenses: ₹11.94 million
  • Total Expenses: ₹359.83 million
  • Depreciation and Amortisation: ₹3.91 million
  • Finance Expenses: ₹2.53 million

Key Business Updates

Backward Integration Initiative:

  • Acquired advanced notebook manufacturing machinery (Linomatic Flexo print machine) for in-house production
  • Transitioning from trading ready-made notebooks to manufacturing internally
  • Focus on premium-quality notebooks with superior GSM paper
  • Primarily catering to existing institutional clients and partner schools

Strategic Benefits of Manufacturing Expansion:

  • Improved gross margins through backward integration
  • Better quality control and customization
  • Stronger supply chain reliability
  • Reduced dependence on third-party suppliers
  • Scalable production capabilities for future expansion

Operational Highlights

Company Scale Metrics:

  • Total Employees: 250+
  • Titles in Portfolio: 650+
  • Brands Owned: 6
  • Books Sold (FY 2026): 6.94+ million
  • Authors Associated: 75+
  • Distribution Network: 400+
  • Trained Professionals: 60+
  • Schools & Institutions Served: 15 states/UT's

Geographical Revenue Breakdown (Q1 FY27):

  • Tamil Nadu: ₹89.74 million (9.82% of total)
  • Maharashtra: ₹27.82 million (3.04%)
  • Kerala: ₹29.62 million (3.24%)
  • Madhya Pradesh: ₹35.90 million (3.93%)
  • New expansion states: Uttar Pradesh (₹10.00 million), Rajasthan (₹4.00 million), Gujarat (₹12.99 million), North East (₹17.05 million)

Product Portfolio

Pre-Primary Education: 174 titles (Playschool, Nursery, Jr. KG, Sr. KG)

Primary Education: 273 titles (Grades 1-5, multiple languages)

Secondary Education: 169 titles (Grades 6-10)

Brand Distribution:

  • Apple Book Company: 209 titles across ICSE, CBSE, State Boards
  • Orange Leaf Publishers: 135 titles
  • Pelican Publishing House: 125 titles
  • Sangam Publishing: 59 titles
  • School Book Company: 88 titles

Strategic Initiatives

Curriculum Integration: Partnered with 60+ schools for full curriculum implementation from Kindergarten to Class 10

NCERT-Aligned Workbooks: Launched for Classes 6–8, with Classes 9 & 10 planned for next academic year

Financial Literacy Curriculum: Introduced "The Money Tree" in line with NEP guidelines

Child Author Development Initiative: Structured program to identify, mentor, and publish young student authors

Geographic Expansion: Commenced operations in Uttar Pradesh, Rajasthan, Gujarat, and Assam

Digital Platform - WeStudy

Proprietary digital platform offering integrated academic ecosystem combining traditional printed textbooks with digital tools including:

  • Animated videos
  • Interactive practice modules
  • Test generators
  • Subject-specific language software

Manufacturing and Infrastructure

Manufacturing Facility: 75,000 sq. ft. leased unit at IDA Cherlapally, Hyderabad

Warehouse: 30,000 sq. ft. owned warehouse for national inventory

Supply Chain: Custom logistics software for real-time tracking and route optimization

Management Commentary

Mr. Vinod Kumar Dachepalli, Whole Time Director, stated: "We have begun FY27 with encouraging momentum across our publishing and integrated education businesses. Our strategy remains centred on delivering a comprehensive academic ecosystem by combining quality educational content, digital learning solutions, technology-enabled supply chain capabilities, and an efficient distribution network."

Growth Strategy

Short-term: Expand presence across CBSE, ICSE, and State Board schools with integrated offerings

Medium-term: Develop AI-integrated LMS platform alongside WeStudy digital ecosystem

Long-term: Build D2C educational commerce ecosystem through Pinaka platform

Geographic: District-level expansion across existing states and entry into Kerala, Punjab, Haryana

Financial History

FY24-FY26 Performance:

  • Revenue: ₹508.61 million (FY24) → ₹638.99 million (FY25) → ₹913.63 million (FY26)
  • EBITDA: ₹71.06 million → ₹131.75 million → ₹235.25 million
  • PAT: ₹33.19 million → ₹83.61 million → ₹152.00 million