Infomedia 18 Limited
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BSE Code:
509069
NSE Code:
INFOMEDIA
Business Profile
Business Profile
Infomedia India (INFOMEDIA) is a media company with a market presence in diverse business areas. Incorporated as a commercial printing press in 1955, Infomedia acquired its present name in 2003.
The company`s business areas are spread across business directories, magazine publishing, direct marketing, printing services, and publishing outsourcing. It is a market leader in yellow pages and special interest publishing and is involved in contract printing. It has various specialized B2B and B2C variants in the yellow pages segment including state-wise industries? directory, construction and interiors directory, office guides, home guides and city guides. It has 21 special interest titles comprising of eight leading B2C titles like Overdrive, Chip, Better Photography, Cricinfo, etc; 12 titles for B2B verticals including Search, Photo Imaging, Modern Textiles, Modern Plastics and Polymers, Modern Packaging, Modern Medicare, Chemical World, etc; and has introduced Bright Sparks.
Infomedia India uses its 100% stake in UK-based Keyword Group, a leading publishing BPO and majority stake in Cepha Imaging Systems (Bangalore) to consolidate its position in the USD 250 million publishing BPO market in India. It has acquired International Typesetting and Composition operating through its two legal entities, Software Services, LC (Florida, USA) and American Devices India (Noida) to enhance its pre-press and publishing services catering to blue chip companies like McGraw-Hill, Thomson Learning, Wolters Kluwer, Pearson Education, Taylor and Francis, and the World Bank. The company entered into joint venture with Reed Business Information forming Reed Infomedia India to introduce specialized and globally established titles from Reed Business Information in India.
The company has a pan-Indian network covering 22 cities. Its registered and corporate office is at A Wing, Ruby House, J.K. Sawant Marg, Dadar (West), Mumbai-400028.
Financials
Infomedia 18 swung to a loss for the quarter ended in September 2008.Net Sales declined 32.53% to Rs 346.50 million for the quarter ended September 2008 from Rs 513.57 million for the quarter ended September 2007.Total income dipped 31.71% to Rs 357.71 million, from Rs 523.843 million for the quarter ended September 2007.The earnings per share (EPS) of the company stood at quarter Rs 4.05 in the quarter ended September 2008.
Recent Developments
13-APR-09
The company has announced a rights issue of its equity shares aggregating to Rs 1 billion.
02-APR-09
The company acquired the local information and social media business of burrp Software (P) on going concern basis including the `burrp` brand with effect from Mar. 15, 2009.