Deal Details

It is an educational content company delivering content through textbooks in North and North west markets.

Offerings:

• Books for Pre-nursery to Class 8th
• Practical Books for Punjab School Education Board and CBSE
• Literature books for 9th and 10th and Hindi Vyakaran books
• Punjabi, Fine arts and Music books for classes 11th and 12th

Coverage:

• Punjab,
• Haryana,
• Himachal Pradesh.
• Recently sales coverage has expanded to cover schools in Jammu, and some regions of Rajasthan, Uttarakhand and Delhi NCR.

Key business segments:

• Textbooks for CBSE: 62%,
• Children’s books: 24%
• Textbooks for Punjab Board: 14%

Highlights:

• Around 1500+ schools are covered which include CBSE affiliated schools as well as State Board schools.
• 1100+ dealers (wholesalers and retailers)
• Total workforce of 80+ people

Operational Highlights:

• Operations are housed in three buildings which are leased from the promoters.
• Nil liabilities on the balance sheet apart from some unsecured loans from promoters.
• B2C Sales: 85-90%
• 550+ active titles
• FY 2023 Sales (exp): INR 18 Crores (Approx)
• Pro-forma Profit before tax: INR 5 Crores

Assets:

• Printing Machinery: approx. INR 1 Crore
• Factory buildings: 2 buildings worth approx. INR 3 Crores
• 8 vehicles for sales staff