Control Print Ltd
NSE:CONTROLPR
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: Stand-alone revenue reached INR 322 crores for 9M FY '26, up from INR 280 crores in the prior-year period, reflecting a 16% growth.
Profitability: EBITDA grew 21% YoY, but PAT growth was lower at 19% due to a higher tax provision this quarter.
Cost Pressures: Employee costs and other expenses rose significantly, driven partly by new labor code provisions and higher business promotion/travel costs.
Packaging Business Losses: Losses from the Italian packaging (V-Shapes) subsidiary continue to weigh on consolidated results, but breakeven is targeted in India by Q1/Q2 FY '27 and Italy by Q3/Q4 FY '27.
Margin Outlook: Gross margins have not improved yet; benefits from new recyclable materials and local manufacturing are expected in 4 months.
Market Share & Growth: Coding and marking business remains strong with sticky customers and 20% market share, aiming to grow faster than the market at ~15%.
Guidance Maintained: Management reiterated mid-teens revenue growth guidance and expects consolidation of stand-alone and group profitability in the coming year.
Segmental Data: Printer sales for 9 months exceeded 2,100 units; installed base is over 22,000 printers.
