Synopsis:
Repro India Ltd shares jumped 12% due to the Settlement of Strike at Mahape Plant and Withdrawal of Related Cases which was going on since 2017.
The Shares of this printing and publication company are in focus ,as it jumped by about 12% because of the Settlement of Strike at their Mahape Plant and the Withdrawal of Related Cases which were going on since 2017.
With a market cap of around Rs 773 Crore , Repro India Ltd shares jumped more than 12% as the company announced its settlement with the trade union and closure of strike. The shares made a high of Rs 548 compared to the previous day closing of about Rs 481.25 which is a gain of about 13.9%.
About the Strike and settlement
Repro India Ltd had received notice of strike under Section 24(1) of the Maharashtra Recognition of Trade Unions and Prevention of Unfair Labour Practices Act, 1971, At their mahape plant . Now the company has informed that the matter has now been amicably settled.
Pursuant to the terms of the settlement, full and final settlement payments have been made to the concerned workers, the long-standing industrial dispute stands resolved; all related legal proceedings and cases filed by or on behalf of the union and workers will be withdrawn and the parties have agreed to take all necessary steps to restore normalcy. This settlement brings an end to the strike-related issue that has been ongoing since 2017.
Financials and others
The Revenue from sales was at Rs 112.29 Crore in Q1 FY25 which has grown to Rs 116.47 Crore in Q1 FY26 giving around 3.72% YOY Sales Growth. But the company is failing to generate consistent profit as they generated net profit worth Rs 13 Lakh in Q1 FY25 which reduced to a loss of Rs 2.73 crore in Q1 FY26
According to the company’s August 2025 Concall presentations- “There has been 34% decline (revenue at Rs 23 cr for the quarter) in the long run vertical .The major reason for the decline is structural change in NCERT, where NCERT has decided to print and distribute the K-12 books and bypass the key academic publishers.
Since Repro’s long – run vertical was geared towards capturing the K-12 segment by getting orders from publishers , this change of stance by NCERT has resulted in the current model being unviable and thus has resulted in revenues falling by more than 65% from steady state in the last 5 quarters.”
One good thing for the company is that its working capital requirements have reduced from 42.5 days to 29.2 days. But the promoter holding has decreased over the last 3 years by 4.70% citing promoters intention. The company’s profitability will depend on how productive the plant turns out to be and how they will try to recover for the losses incurred during the strike period.
Written by Leon Mendonca
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