Operates three content and learning service businesses for global publishing and enterprise clients. Research Solutions, 60.3% of FY26 segment revenue at 463.51 crore, supplies scholarly publishers with pre-submission peer review (now #2 globally by volume), manuscript editing (52% manuscript acceptance rate versus an industry baseline near 32%), and AI-integrated publishing platforms HighWire, DigiCore Pro and THINK365, and includes the AJE peer-review subsidiary. Education Solutions, 27.2% at 208.9 crore, provides content production, AI-driven quality-check of instructional content and clinical-learning products to educational publishers, with the Unbound Medicine acquisition contributing and lifting client count from 404 to 841. Corporate Learning, 12.5% at 95.96 crore, delivers enterprise capability enablement through Liberate Global using AI and immersive solutions. In Q1 FY27, revenue rose 20.4% to 224.24 crore while headcount rose less than 3%, pushing EBITDA up 53% to 76.96 crore at a 34.3% margin. The cost base is dominated by employee cost at 41.6% of revenue with nil materials and capex of 1.0% of revenue, making it asset-light and people-driven. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Research Solutions (60%), Education Solutions (27%), Corporate Learning (13%). Asset-light, people-intensive content services with high operating leverage (Q1 FY27 revenue +20% on headcount +<3%).
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 449 | 501 | 545 | 727 | 768 |
| EBITDA (ex other income) | 126 | 157 | 170 | 217 | 243 |
| margin % | 28.1 | 31.3 | 31.2 | 29.8 | 31.7 |
| Owners' profit | 87 | 109 | 0 | 0 | 0 |
| EPS, as reported (₹) | 48.61 | 63.87 | 70.01 | 87.80 | 102.11 |
| ROE % · ROCE % | 23.7 · 30.9 | 25.8 · 33.2 | 25.8 · 30.7 | 31.1 · 37.6 | 29.0 · 33.4 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 |
| Cash from operations | 114 | 113 | 118 | 101 | 197 |
| Capex | (4) | (4) | (4) | (6) | (8) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 178 | 186 | 182 | 186 | 194 | 182 | 205 | 224 |
| Profit before tax | 48 | 55 | 62 | 50 | 69 | 46 | 65 | 70 |
| Net profit | 35 | 41 | 47 | 35 | 55 | 36 | 47 | 50 |
| EPS (₹) | 20.77 | 24.00 | 27.76 | 20.78 | 32.67 | 20.93 | 27.72 | 29.70 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Research Solutions | 355 | 46.2 |
| Education Solutions | 157 | 20.5 |
| Corporate Learning | 96 | 12.5 |
| Research solutions | 109 | 14.2 |
| Education solutions | 52 | 6.7 |
| Total, before eliminations | 768 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| MPS LIMITED ◆ |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · MPS Limited AGM 2026: All 5 resolutions passed with over 99.9 percent approval | compliance | minimal | — | — |
| 5 Sept 2026 · AGM video recording now available on company website | investor communications | low | — | — |
| 4 Sept 2026 · MPS Limited gets unsolicited ESG Rating of CRISIL ESG 64 (Strong) | credit debt | low | — | — |
| 4 Sept 2026 · MPS Limited 56th AGM held on 04 Sep 2026 - FY26 record results, no final dividend | board shareholder meetings | medium | — | — |
| 25 Aug 2026 · Reminder notice on physical shares demat window published in newspapers | compliance | minimal | — | — |
| 25 Aug 2026 · New Company Secretary appointed; previous CS resigns | management changes | medium | — | — |
| 25 Aug 2026 · MPS Limited appoints Piyush Jain as new Company Secretary | management changes | medium | — | — |
| 22 Aug 2026 · Unsecured creditors approve MPS-ADIBPO amalgamation scheme | strategic transactions | high | — | — |
| 22 Aug 2026 · Shareholders approve ADI BPO Services merger with MPS Limited | strategic transactions | high | — | — |
| 22 Aug 2026 · NCLT Meeting of Unsecured Creditors Held for ADI BPO-MPS Amalgamation | strategic transactions | medium | — | — |
| 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 |
| 4,450 |
| 23.4 |
| 7.46 |
| 17.0 |
| 29.0 |
| 33.1 |
| 12.7 |
| 35.6 |
| S CHAND AND COMPANY LTD | 487 | 6.8 | 0.46 | 3.0 | 7.0 | 8.9 | 13.4 | (5.0) |
| REPRO INDIA LIMITED | 447 | 4.7 | 1.28 | 27.6 | (9.5) | (4.8) | 29.0 | 123.4 |
| Dachepalli Publishers Limited | 139 | 7.5 | — | — | — | 18.2 | — | — |
| INLAND PRINTERS LTD. | 42 | 111.6 | 29.29 | — | (25.8) | (25.8) | — | — |
| INFOMEDIA PRESS LIMITED | 26 | — | — | — | 4.9 | (22.9) | — | — |
| Unick Fix-A- Form and Printers | 24 | 9.9 | 0.67 | — | 2.4 | 2.7 | — | 16.0 |
| SHAKTI PRESS LTD. | 4 | 2.4 | 0.15 | — | 6.3 | 7.3 | — | 2.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 23.4 | 7.5 | 6 of 7 | 17% |
| P/B | 7.5 | 1.0 | 5 of 6 | 20% |
| ROCE | 33.1 | 5.0 | 1 of 8 | 100% |
| ROE | 29.1 | 4.9 | 1 of 7 | 100% |
| Debt / Equity | 0.1 | 0.5 | 2 of 7 | 83% |
| EBITDA margin | 35.6 | 16.0 | 2 of 5 | 75% |
| Revenue growth | 20.4 | 20.1 | 2 of 5 | 75% |
| Profit growth | 43.0 | 9.8 | 3 of 7 | 67% |
| Market cap | 4450 | 90 | 1 of 8 | 100% |
| 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 |
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.
