Event Type: The company organized a conference call for Analysts and Investors to discuss the financial results for the quarter ending June 30, 2026 (Q1 FY27).

Date and Time: The call was held on Tuesday, August 11, 2026, at 12:30 P.M. IST.

Purpose: The stated purpose was to discuss the Q1 FY27 financial results and provide a business update.

Management Participants: The following management participants were on the call:

  • Mr. Himanshu Gupta – Managing Director
  • Mr. Saurabh Mittal – Group Chief Financial Officer
  • Mr. Atul Soni – Head – Investor Relations, Strategy and M&A

Financial Period Discussed: The discussion centered on the financial and operational performance for Q1 FY27 (quarter ending June 30, 2026).

Financial Highlights Disclosed:

  • Consolidated Revenue: ₹1,145 million (up 12% Year-over-Year)
  • EBITDA Loss: ₹97 million
  • PAT Loss: ₹187 million
  • Net Cash Balance: ₹1,182 million (highest Q1 balance in company history)
  • Dividend Distributed: ₹141 million

Forward-Looking Guidance:

  • Revenue Growth: Targeting 10%-15% operating revenue growth for FY27.
  • EBITDA Margin: Providing a margin band guidance of 17%-19% for FY27.
  • Content Licensing: Targeting revenues in excess of ₹400 million from content licensing and growing the client base from 5 to 10.

Strategic and Operational Updates:

  • Working Capital: Receivable days were stable. Inventory levels are higher due to a conscious decision to advance paper purchases to pre-empt higher prices and supply disruptions. Net working capital days are slightly higher than last year.
  • Content Licensing: Generated ₹91 million (₹9.1 crores) in revenue from this segment in Q1.
  • New Partnerships: Madhubun Educational Books partnered with IIT Madras Pravartak and BodhBridge to offer future-ready skills programs.
  • Curriculum Business: The refreshed curriculum businesses (Mylestone, My Zen, SmartK, Solid Steps) saw repeat adoptions. Revenues from Mylestone and Zen were ₹55-60 crores in FY26.
  • Acquisition (CPD Singapore): Contribution in Q1 was ~₹1 crore. The main business is in Q3 and Q4, with a target to cross SGD 1 million (approx. ₹7.5 cr) by year-end.
  • M&A: Actively evaluating opportunities in the test prep and school space, with a potential size of ₹40-50 crore. A decision is expected within 2 months.
  • Buyback: The management is actively considering a market buyback, with a decision expected by October 2026.
  • New Facility: A new state-of-the-art printing and binding facility is partially operational, with full completion expected next year.

Compliance Statement: The transcript was submitted pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The document itself is a compliance filing to intimate the exchanges of the event and does not contain a specific statement regarding UPSI within the cover letter.

Additional Notes Section

Attachments: The regulatory filing enclosed the transcript of the conference call.

Financial Data: Financial data for Q1 FY27 was disclosed and discussed during the call, as summarized above.