MPS Ltd
NSE:MPSLTD
MPS Ltd
MPS Ltd. engages in the provision of platforms and content solutions for digital industry. The company is headquartered in Noida, Uttar Pradesh and currently employs 2,225 full-time employees. The company went IPO on 2002-01-22. The Company’s platforms include DigiCore, MPSTrak, mag+, THINK360, ScholarStor, ScholarlyStats and MPSInsight. The firm provides content creation, production, transformation and technology services, such as computer programming and related activities, and information service activities. Its DigiCore helps streamline, automate, and optimize the publishing workflow. MPSTrak is a cloud-based production workflow and content management platform for all product types including books, journals, reference works, and all media. THINK360 is an end-to-end, cloud-based integrated platform that enhances the user's overall content management and delivery experience. ScholarStor is a cloud-based HTML5 platform that supports all product types and business models.
MPS Ltd. engages in the provision of platforms and content solutions for digital industry. The company is headquartered in Noida, Uttar Pradesh and currently employs 2,225 full-time employees. The company went IPO on 2002-01-22. The Company’s platforms include DigiCore, MPSTrak, mag+, THINK360, ScholarStor, ScholarlyStats and MPSInsight. The firm provides content creation, production, transformation and technology services, such as computer programming and related activities, and information service activities. Its DigiCore helps streamline, automate, and optimize the publishing workflow. MPSTrak is a cloud-based production workflow and content management platform for all product types including books, journals, reference works, and all media. THINK360 is an end-to-end, cloud-based integrated platform that enhances the user's overall content management and delivery experience. ScholarStor is a cloud-based HTML5 platform that supports all product types and business models.
Revenue Dip: Q3 revenue dipped to INR 182.5 crores, seen as a one-off quarter amid broader positive trends.
Strong Margins: EBITDA margin remained healthy at 31.6% for Q3.
Education Growth: Education Solutions grew 11.3% YoY in Q3 and over 38% for the nine months, maintaining double-digit growth.
Research Solutions: Research Solutions continued as the largest segment, contributing 61.1% of revenue and growing 16.2% YoY organically in Q3.
Corporate Learning Reset: Corporate Learning underperformed but began restructuring and cost optimization, with early recovery in EBITDA by quarter-end.
AI Opportunity: Management sees AI as a net opportunity, not a threat, with increased efficiency and market consolidation benefiting MPS.
Unbound Acquisition: MPS agreed to acquire Unbound Medicine for USD 16.5 million to expand its B2B platform-led business, especially in medical and nursing education.
EPS Guidance: Management expects to comfortably surpass INR 100 EPS in FY '26, describing this as a conservative outlook.
