Sales Rs.217 cr 17 lakh
February 02, 2018
Macmillan Publishers India Private Ltd - 70% Dividend for 2017
.Macmillan Publishers India is , now , an Anglo - German MNC.
For More on Macmillan Publishers , please click :-
Through a court approved scheme of demerger, the domestic publishing business of the
erstwhile Macmillan India Ltd.( now MPS Ltd.) was taken over by the company. Along with
the de merger, the investment in Frank Brothers and Publishers( India)Ltd (FB)was
also transferred. FB now functions as a wholly owned subsidiary of MPIL. Both companies
operate primarily in the field of Education and its books are an essential part
of the curriculum of schools affiliated to national private school boards all over India.
MPIL has a significant national presence with regional offices in the metros and the
Registered Office in Chennai and Corporate Office in Bangalore.
Post the merger of the company has established newer business divisions. These divisions
are Nature Publishing Group in the area of Scientific Publishing. Pan Macmillan for General and Trade Books,
Palgrave for Higher Academic books. all of those businesses are integral to Macmillan
Group's business worldwide and are very successful publishing ventures.
For MPIL, these businesses are in addition to the main line Education business which has been existent in India for over
100 years.The establishment of these new businesses reflects the Macmillan Group's Commitment to the Indian market and
customers. As has been mentioned in the Chairman's speech at the Annual General Meeting of the Company, the company is
poised to make forays in the area of Digital Publishing and Teacher Training as well.
The Publishing industry is characterized by several small Indian publishers ad a few multinational companies.It is an
intensely competitive industry and requires continous investment of editorail resources to produce new books and upgrade
existing books. The school book publishing business also needs to comply with Government( both State and Central) rules on syllabus and other matters.
There are sveral positive factors which bode well for the Publishing industry in India. The expectation of the higher GDp growth ,
the importance of the eductaionin the Indian value system and the continued criticality and potential of English language
learninga nd teaching, the growth of shopping malls are some of them and the Company is well positioned to take advantage
General Warning : Investment in shares can be injurious to your WEALTH.
Caution :The blog writer has personal / family members' holdings in this company ,so please make suitable "provisions " for likely over optimism .
All facts stated in Good Faith . Please recheck every face. no responsibility with the Blog / Writer