In the dynamic landscape of the stock market, Repro India Ltd. has caught the attention of investors and analysts alike. With its current share price standing at ₹826 and a market capitalization of ₹1,102 crores, this printing solutions provider is making waves. Notably, Repro India offers a spectrum of integrated print solutions, catering to publishers and corporations, and its diverse business segments, including traditional offset printing, PoD business, and Repro Applied Learning Solutions (RAPPLES), showcase its adaptability.
However, it’s not just their services that intrigue the market. The company’s financials, with a Price-to-Earnings (P/E) ratio of 94.9, a Return on Capital Employed (ROCE) of 5.43%, and a Return on Equity (ROE) of 3.24%, raise questions and expectations. As we delve into the possibilities, the burning question emerges: Can Repro India reach the coveted ₹2,000 INR mark by 2030? In this article, we’ll explore the factors, trends, and forecasts that might just hold the answer.
ABOUT REPRO INDIA
Repro India Ltd. is an Indian-based provider of print, content, and fulfillment solutions, with a strong presence in the publishing industry. As of March 2022, the company reported annual revenues of Rs 2874 million, showcasing its significant position in the market. Repro India is actively listed on both the Bombay Stock Exchange and the National Stock Exchange of India, signifying its public trading status.
Repro India specializes in offering end-to-end content management and distribution solutions for publishers, catering to both the domestic and international markets. Their value propositions include print-on-demand services, efficient last-mile delivery, competitive pricing, and global availability of titles. This strategic approach allows publishers and retailers to streamline their operations, reduce costs, and tap into the vast e-tail market efficiently.
Repro India Q1 FY2024 Results: Summary and Key Points
- Total income for Q1 FY2024 stood at ₹119.61 crores, slightly down by 1.56% compared to Q4 FY2023.
- The company reported a net profit of ₹3.04 crores in Q1 FY2024, showing a decrease of 39.92% from the previous quarter.
- Earnings per share (EPS) for Q1 FY2024 was ₹2.28, down by 42.42% compared to Q4 FY2023.
- In a year-on-year comparison, the company’s total income for Q1 FY2024 increased by 13.26% compared to Q1 FY2023.
- Net profit for Q1 FY2024 showed a significant growth of 1,688.24% compared to Q1 FY2023, with an EPS of ₹2.28, indicating a substantial improvement from ₹0.13 in Q1 FY2023.
REPRO INDIA IN RECENT NEWS
- On August 21, Repro India’s shares experienced a 4 percent increase in trading, following the acquisition of shares by Morgan Stanley Asia. Morgan Stanley Asia (Singapore) Pte acquired 1.65 lakh shares, equivalent to 1.24 percent equity in Repro India, through open market transactions at an average price of Rs 800 per share.
- Back in May 2023, Madhuri Madhusudan Kela, an investor and the founder of MK Ventures, acquired 4.75 lakh shares of the company. This purchase occurred following the sale of 5.12 lakh shares, representing almost 4.5 percent of the total equity, by Malabar India Fund Ltd. The shares were sold at a price of Rs 425 per share.
HOW TO BUY REPRO INDIA SHARES IN INDIA?
To buy Repro India shares in India, you can consider using the services of the following stockbrokers or financial institutions:
- Zerodha
- Upstox
- ICICI Direct
- HDFC Securities
- Kotak Securities
- Sharekhan
- Angel Broking
- Motilal Oswal
- Axis Direct
- 5Paisa
REPRO INDIA SHARE PRICE TARGET 2023 TO 2025
Let’s examine the statistics regarding the projected share price target for the period between 2023 and 2025, after conducting a thorough review of the company.
| When | Maximum Price | Minimum Price |
| September 2023 | ₹867.30 | ₹788.45 |
| October 2023 | ₹842.04 | ₹765.49 |
| November 2023 | ₹858.88 | ₹780.80 |
| December 2023 | ₹884.65 | ₹804.22 |
As we look forward to the latter part of 2023, it appears that Repro India’s share price is poised for an upward trend. Starting in September at ₹867.30, it is anticipated to exhibit consistent growth through October and November, potentially closing at ₹858.88. As we approach December, the price is expected to edge closer to ₹884.65, signaling an optimistic outlook for the company’s performance as the year concludes. This steady climb is likely to inspire growing investor confidence and may hold promise for a brighter financial future in the coming year.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹902.70 | ₹784.96 |
| February 2024 | ₹921.12 | ₹800.98 |
| March 2024 | ₹930.43 | ₹809.07 |
| April 2024 | ₹903.33 | ₹785.50 |
| May 2024 | ₹885.61 | ₹770.10 |
| June 2024 | ₹947.61 | ₹824.01 |
| July 2024 | ₹976.04 | ₹848.73 |
| August 2024 | ₹995.56 | ₹865.70 |
| September 2024 | ₹1,015.47 | ₹883.02 |
| October 2024 | ₹1,031.98 | ₹897.37 |
| November 2024 | ₹1,073.26 | ₹933.27 |
| December 2024 | ₹1,094.72 | ₹951.93 |
Looking ahead to 2024, Repro India’s share price is anticipated to continue its upward trajectory. Throughout the year, the share price has consistently shown growth, reaching a maximum of ₹1,094.72 and a minimum of ₹951.93 in December 2024. This steady climb reflects a positive trend, and if this momentum persists, it suggests a promising outlook for Repro India’s performance in the upcoming year.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,116.62 | ₹858.94 |
| February 2025 | ₹1,175.39 | ₹904.14 |
| March 2025 | ₹1,198.90 | ₹922.23 |
| April 2025 | ₹1,187.03 | ₹913.10 |
| May 2025 | ₹1,163.75 | ₹895.19 |
| June 2025 | ₹1,192.84 | ₹917.57 |
| July 2025 | ₹1,211.01 | ₹931.55 |
| August 2025 | ₹1,254.93 | ₹965.33 |
| September 2025 | ₹1,280.03 | ₹984.64 |
| October 2025 | ₹1,305.63 | ₹1,004.33 |
| November 2025 | ₹1,267.60 | ₹975.08 |
| December 2025 | ₹1,292.95 | ₹994.58 |
In 2025, Repro India’s share price is expected to sustain its upward trajectory, reflecting a consistent pattern of growth throughout the year. Notably, the share price is projected to reach a maximum of ₹1,292.95 and a minimum of ₹994.58 by December 2025. This progressive trend hints at the company’s enduring positive outlook, offering potential rewards for investors who remain optimistic about Repro India’s performance in the upcoming year.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹1,486.90 | ₹1,040.83 |
| 2027 | ₹1,263.86 | ₹884.70 |
| 2028 | ₹1,643.02 | ₹1,100.82 |
| 2029 | ₹2,135.93 | ₹1,495.15 |
| 2030 | ₹2,242.73 | ₹1,569.91 |
Looking ahead to the years 2026 through 2030, Repro India’s share price appears to be on a steadily rising trajectory. With a maximum price of ₹2,242.73 in 2030 and a minimum of ₹1,040.83 in 2026, this consistent growth over the forecasted period indicates a positive outlook. Investors may find optimism in the potential for Repro India to continue its upward trend, making it an intriguing prospect for those eyeing long-term investments in the coming years.
REPRO INDIA FINANCIAL CONDITION (LAST 5 YEARS)
| Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Sales | 399 | 367 | 138 | 287 | 422 |
| Expenses | 355 | 322 | 143 | 274 | 378 |
| Operating Profit | 45 | 46 | -5 | 13 | 44 |
| OPM % | 11% | 12% | -4% | 5% | 10% |
| Other Income | 0 | 1 | 1 | 1 | 1 |
| Interest | 11 | 10 | 15 | 12 | 11 |
| Depreciation | 15 | 19 | 28 | 27 | 25 |
| Profit before tax | 19 | 18 | -47 | -24 | 9 |
| Tax % | -24% | -7% | 7% | 4% | -1% |
| Net Profit | 24 | 19 | -43 | -23 | 12 |
| EPS in Rs | 20.51 | 15.55 | -35.88 | -18.24 | 6.86 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Over the past five years, Repro India’s financial performance has witnessed a fluctuating trajectory. The company’s sales figures have experienced significant variations, starting at 399 in March 2019, dropping to 138 in March 2021, and then rebounding to 422 in March 2023. This rollercoaster ride is mirrored in the operating profit margin (OPM), which dipped to a low of -4% in 2021 but rebounded impressively to 10% in 2023. Notably, Repro India has managed to maintain a consistent dividend payout of 0% during this period, signaling its focus on reinvestment or addressing financial challenges. The recent surge in net profit from -43 in 2021 to 12 in 2023 suggests potential growth opportunities, but it also raises questions about the sustainability of this recovery.
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FAQs
Based on the analysis provided, the share price target for Repro India in 2025 could see it reach a maximum of ₹1,292.95 and a minimum of ₹994.58 by December 2025.
Looking forward to 2030, Repro India’s share price is anticipated to continue its steady rise, with the maximum price reaching ₹2,242.73. This suggests potential growth opportunities over the next decade.
Is it worthwhile to invest in Repro India for the long term?
Considering the consistent upward trajectory in Repro India’s share price over the years, it appears to be a potentially worthwhile option for long-term investors. However, as with any investment, thorough research and assessment of your financial goals are essential before making a decision.
Will the Repro India stock grow?
Yes, the analysis suggests that Repro India’s stock has shown growth potential. The share price has been on a steady upward trend, indicating positive performance over the analysed years.
Can Repro India reach 2000 INR?
While the analysis does not directly project a share price of ₹2,000 INR, the steady growth pattern indicates that Repro India has the potential to continue its upward trajectory. Whether it reaches the ₹2,000 INR mark would depend on various factors, including the company’s performance, market conditions, and investor sentiment in the coming years. However, there’s a high possibility of reaching the 2000 mark by the year 2029.
CONCLUSION
In conclusion, the analysis of Repro India’s financial and market data reveals a mixed picture for the company’s future prospects. While the company is expected to deliver a good quarter and has significantly improved its debtor days, there are concerning aspects to consider. The stock is trading at a substantial premium to its book value, and there has been a decrease in promoter holding over the last quarter. Additionally, the company’s sales growth has been sluggish over the past five years, and it has reported a consistently low return on equity.
Investors considering Repro India for the long term should weigh these pros and cons carefully. While the company has shown resilience and potential for growth in its share price, reaching ₹2,000 INR by 2030 may be a challenging feat given the existing challenges. It is crucial for investors to conduct thorough due diligence and consider their risk tolerance before making any investment decisions regarding Repro India. The company’s performance in the coming years will be a critical factor in determining whether it can achieve this ambitious target.
What did we learn?
