Printweek India Company Of The Year 2012

The Printweek India Company Of The Year Award goes to...

28 Aug 2012 | By PrintWeek India

Manipal Technologies (Manipal)

Tel: 91-820-2571151-55 / info@manipaltechnologies.com

PrintWeek India Company of the Year for 2012 is Manipal Technologies; and deservedly so. The Manipal-based printing firm with operations in Bengaluru and Chennai boasts of five print factories, 4,000 strong team, and a professionally run operation.

The Rs 27.75 crore family-run printing business in 1998 has transformed to a Rs 2775 crore well-diversified print services and business solutions organisation. According to our official audit, Manipal Technologies scored the highest - among the major contenders in this category - in terms of percentage change in current asset (net) of 61.21%. Likewise it showed an increase in net worth to turnover at the highest 22.5%.

Manipal Technologies has a very current ratio of 5.1:1. This is in keeping with Gautham Pai’s vision for the company. He says: “For the print business the turnover for this year is Rs 500-cr.”

He adds, ‘We intend to reach Rs 600-cr. ... And the plan is to reach Rs 2,000-cr in the next five years. It will include products and service solutions.”

Today Manipal Technologies (MTL) is the country’s largest integrated print solutions provider. Manipal Media Network is a dominant regional player in the publishing and entertainment industry, and Primacy-MVP Group which is the largest producer and exporter of premium designer aromatic candles having the largest distribution network in US home fragrance market.