Document Dates
May 29, 2026 and July 10, 2026
Repro India Limited submitted its comprehensive Annual Report for FY 2025-2026, revealing mixed financial performance amid significant corporate restructuring. The company reported consolidated revenue of ₹49,398 lakhs (6% increase from FY25's ₹46,595 lakhs) but recorded a substantial consolidated net loss of ₹3,330 lakhs, significantly wider than the previous year's loss of ₹206 lakhs. Standalone performance was equally challenging with revenue declining 10% to ₹23,255 lakhs and net loss of ₹3,658 lakhs.
Financial Performance & Position
The company's financial position showed concerning trends with total borrowings increasing significantly to ₹16,597 lakhs from ₹7,145 lakhs in FY25, resulting in a debt-equity ratio deterioration to 0.47 from 0.19. Key ratios declined substantially including interest coverage ratio falling to (2.61) from 0.82 and return on net worth decreasing to (9.10%) from (0.54%). The company maintained cash and equivalents of ₹1,095 lakhs while trade receivables increased to ₹12,080 lakhs.
Material Transaction: Mahape Property Sale
A major development was the completion of the Mahape property sale to STT Global Data Centres India Private Limited for ₹282 crores (₹28,200 lakhs), with the entire consideration received. This transaction involved assets worth ₹6,726 lakhs reclassified as held for sale and resolved long-standing industrial disputes through a ₹1,846 lakh employee settlement cost recorded as an exceptional item.
Operational Highlights & Technology
Repro maintains its position as a technology-driven content solutions provider, hosting over 15 million domestic and international titles from 1,000+ publishers through its AI-powered platform. The company serves as Amazon's Preferred Support Partner and leading seller on Flipkart, with global distribution through Ingram partnership accessing 45,000+ retailers. The Bookscape direct-to-consumer platform serves 3.4 lakh readers with 8 million titles.
Subsidiary Updates & Corporate Changes
The company dissolved its UAE subsidiary Repro DMCC effective July 06, 2026, while Repro Books Limited remained a material subsidiary contributing ₹30,603 lakhs revenue. New step-down subsidiary Repro Books Inc. was incorporated in USA with no material operations yet. Board changes included appointment of Sanjay Asher as Independent Director and resignation of Bhumika Batra.
Accounting & Regulatory Compliance
The company adopted MCA-notified amendments to Ind AS 7, 1, 12, and 21 effective April 2025, assessing no material impact. Financial statements were prepared in accordance with Ind AS and SEBI Listing Regulations, with unqualified audit reports from M S K A & Associates LLP. The company maintained various ISO certifications and received quality awards for cost optimization initiatives.
Capital Structure & Shareholding
Authorized share capital remained at ₹25,00,00,000 with paid-up capital of ₹14,34,53,380. The company allotted 21,850 equity shares under ESOP scheme at ₹250 per share. Major shareholders include Repro Enterprises Private Limited (38.60%) and Vijay Kishanlal Kedia (6.32%). No dividend was recommended for FY26 to conserve resources.
Contingencies & Forward Outlook
Significant contingent liabilities include customs duty demands of ₹5,831 lakhs related to imported software, though management is confident no liability will devolve based on legal advice. The report contains forward-looking statements subject to risks including raw material availability, cyclical demand, and economic developments.