BSE: 544667
Dachepalli Publishers Limited
Publishes curriculum-aligned textbooks and learning material for K-12 schools under CBSE, ICSE, Cambridge and state boards, selling through 400+ distribution partners to 13,000+ schools across 13+ states. The business runs an integrated procurement platform called Pelican Edu Supply that lets schools and parents order textbooks, notebooks, uniforms and stationery through a single digital channel, lifting per-school ticket size from INR 1 lakh to INR 40 lakhs. Revenue is split roughly 70% from core publishing and 30% from the platform and services stream, with 90% of full-year revenue concentrated in Q4 and Q1 due to the academic buying cycle. Recent moves include buying two notebook manufacturing machines for in-house production, signing an MoU to acquire Hara Communications for edtech, and entering UP, Rajasthan, Gujarat and Assam where current market share is around 1%. Paper and printing materials are the largest input cost at 68.3% of FY26 revenue, with employees at 9.8% and other operating expenses at 6.3%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Core publishing (textbooks and workbooks) (70%), Platform and services (30%). Seasonal, contract-driven K-12 publishing pivoting toward an integrated digital procurement platform.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 91 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 12.62 |
| ROE % · ROCE % | — · 19.5 |
| Debt / equity (x) | — |
| Cash from operations | (23) |
| Capex | (3) |
Exhibit 2: Quarterly performance, last 3 quarters
| ₹ crore | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 15 | 51 | 45 |
| Profit before tax | 3 | 11 | 9 |
| Net profit | — | — | — |
| EPS (₹) | 1.28 | 6.88 | 4.21 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| MPS LIMITED | 3,687 | 19.4 | 6.18 | 14.1 | 29.0 | 33.1 | 12.7 | 35.6 |
| S CHAND AND COMPANY LTD | 465 | 6.5 | 0.44 | 2.8 | 7.0 | 8.9 | 13.4 | (5.0) |
| REPRO INDIA LIMITED | 454 | 4.8 | 1.30 | 27.9 | (9.5) | (4.8) | 29.0 | 123.4 |
| Dachepalli Publishers Limited ◆ | 141 | 7.6 | — | — | — | 18.2 | — | — |
| INLAND PRINTERS LTD. | 29 | — | 20.73 | — | (25.8) | (25.8) | — | — |
| INFOMEDIA PRESS LIMITED | 26 | — | — | — | 4.9 | (22.9) | — | — |
| Unick Fix-A- Form and Printers | 25 | 19.8 | 0.72 | — | 2.4 | 2.7 | — | 16.0 |
| SHAKTI PRESS LTD. | 3 | 1.7 | 0.11 | — | 6.3 | 7.3 | — | 2.3 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.6 | 7.0 | 4 of 6 | 40% |
| ROCE | 18.2 | 7.3 | 2 of 7 | 83% |
| Market cap | 141 | 85 | 4 of 8 | 57% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · First-half FY27 income up 74%; notebook production begins and Hara deal proposed | investor communications | medium | — | — |
| 26 Oct 2026 · H1 FY27 income rises 74%, net profit rises 29% | business updates | medium | — | — |
| 24 Oct 2026 · Dachepalli Publishers posts higher revenue and profit for September 2026 half year | results | high | — | — |
| 23 Oct 2026 · Dachepalli Publishers schedules Q2 and H1 FY27 earnings call | board shareholder meetings | low | — | — |
| 21 Oct 2026 · Trading window closure for Q2 FY26 results | compliance | minimal | — | — |
| 21 Oct 2026 · Board to consider H1 FY26 results on October 24 | results | low | — | — |
| 16 Oct 2026 · H1 FY27 Business Update: Revenue at Rs 70.01 Cr, up 71.76% YoY | business updates | medium | — | — |
| 10 Oct 2026 · Compliance certificate under SEBI Reg 74(5) for Q2 FY26 | compliance | minimal | — | — |
| 30 Sept 2026 · AGM results: all 3 resolutions passed with requisite majority | board shareholder meetings | low | — | — |
| 29 Sept 2026 · 28th AGM of Dachepalli Publishers held on Sep 29, 2026 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.