MANUGRAPH INDIA LTD-$
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BSE Code:
505324
NSE Code:
MANUGRAPH
Business Profile
Business Profile
Manugraph India was established in 1972 for manufacturing high speed printing machines and allied equipment. It currently is the largest manufacturer of offset and sheet fed offset presses in the country. It is a leader in the niche 4-page newspaper offset printing press market. It also caters customers in markets like South America, Europe, Middle East, Asia and the CIS countries. VEB Polygraph Leipzing GDR and Kovo of Czechoslovakia are technical collaborators of the company. Some of the clients of the company include newspapers like The Times of India, Dainik Bhaskar, Hindustan Times, Dainik Jagran, etc.
The company is the leader in manufacturing and supplying of web offset presses. It has market share of 70%. Nearly all-major publication houses in the country use the presses having speeds ranging from 35,000 to 55,000 copies per hour. The company provides customised solutions for newspaper printing, 16 page commercial printing, automated sheet fed presses and ancillary products like remote ink control systems. The company also has a team of over one hundred service specialists for providing services before and after the press installation. They provide services for installation, maintenance, planning and repairs. The company also maintains a supply of 90% of the spare parts required for all its presses.
The company plans to stay focused in the services segment, in the coming years. It also intends to take part in trade shows in India, CIS countries and other places, in order to attract newer customers and combat competition from Chinese manufacturers.
Financials
Manugraph India registered a steep drop of 22.36% in net profits to Rs 63.90 million for the quarter ended March, 2007 from a profit of Rs 82.30 million for the quarter ended March, 2006. Net Sales for the quarter rose 34.08% to Rs 902.90 million for the quarter ended March, 2007 from Rs 673.40 million for the quarter ended March, 2006. Total income rose 34.63% to Rs 952.8 million for the quarter ended March, 2007, from Rs 707.7 million for the quarter ended March, 2006. The earnings per share (EPS) of the company stood at Rs 2.10 in the quarter ended March, 2007.