Control Print Ltd
NSE:CONTROLPR
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Control Print Ltd
Control Print Ltd. engages in the provision of coding and marking solutions and consumables. The company is headquartered in Mumbai, Maharashtra and currently employs 752 full-time employees. The firm is engaged in the coding and marking system along with related components, accessories, consumables and services. Its product portfolio includes CO2- Laser Printer, Continuous Inkjet Printer, High-Resolution Printer, Thermal Inkjet Printer, Thermal Transfer Overprinter, Hot Roll Coder, Large Character Printer, Fiber Laser and Hot Quick Coder. The firm manufactures a range of inkjet fluids, ribbons, and ink rolls. The company also offers surgical face mask and disposable N95/FFP2 and IS 9473 masks. The firm caters to a range of industries, such as personal care, food and beverage, fast moving consumer goods (FMCG), pharmaceuticals, construction materials, cable and wire, agrochemical and seed, automotive, and beverage. The firm's plants are located at Village Bhatian, Himachal Pradesh, Village Sativali, Maharashtra, and Village Hudumpur, Assam. Liberty Chemicals Private Limited is a subsidiary of the Company.
Control Print Ltd. engages in the provision of coding and marking solutions and consumables. The company is headquartered in Mumbai, Maharashtra and currently employs 752 full-time employees. The firm is engaged in the coding and marking system along with related components, accessories, consumables and services. Its product portfolio includes CO2- Laser Printer, Continuous Inkjet Printer, High-Resolution Printer, Thermal Inkjet Printer, Thermal Transfer Overprinter, Hot Roll Coder, Large Character Printer, Fiber Laser and Hot Quick Coder. The firm manufactures a range of inkjet fluids, ribbons, and ink rolls. The company also offers surgical face mask and disposable N95/FFP2 and IS 9473 masks. The firm caters to a range of industries, such as personal care, food and beverage, fast moving consumer goods (FMCG), pharmaceuticals, construction materials, cable and wire, agrochemical and seed, automotive, and beverage. The firm's plants are located at Village Bhatian, Himachal Pradesh, Village Sativali, Maharashtra, and Village Hudumpur, Assam. Liberty Chemicals Private Limited is a subsidiary of the Company.
Revenue Growth: Control Print's H1 FY26 standalone revenue reached INR 210 crores, up from INR 185 crores last year. Consolidated operating revenue was INR 223 crores, up from INR 200 crores.
Positive Outlook: Management expects to exceed last year's revenue of INR 395 crores and predicts continued growth above the market rate (targeting 15% versus market's 10–11%).
Profitability: Standalone profit before tax is expected to comfortably cross INR 100 crores this year. Margins remain stable and management highlighted a record EBITDA margin of about 28%.
Business Mix: Coding and Marking remains the dominant segment (89% of revenue), with a stable revenue mix between printers, consumables, spares, and services.
Italian Operations: European (Italian) subsidiary V-Shapes remains loss-making but is expected to reduce losses to EUR 1–1.2 million this year and reach breakeven by next year. Other subsidiaries are profitable.
GST Benefit Expiry: The Guwahati facility's GST benefit (about INR 8.5 crores per annum) ended in May 2025; this was previously booked as part of sales revenue.
No Major CapEx: No major capital expenditure is expected for the core coding and marking business in the next 1–2 years.