Control Print LimitedQ1 FY27 Results & Financial Update
Control Print Limited: Q1 FY27 consolidated results and company financials – revenue ₹115.56 Cr, PAT ₹3.92 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Find an answer
Ask this result
Chart · Market context
Control Print price & chart
Quarter overview
Quarterly earnings analysis
For the quarter ended June 30, 2026, Control Print Limited reported consolidated revenue from operations of INR 115.56 crore and a total income of INR 115.73 crore.
Profit before tax (PBT) for Q1 FY27 stood at INR 9.82 crore, while total consolidated profit for the period (PAT) reached INR 3.92 crore, reflecting a pat margin of approximately 3.39%.
Basic and diluted earnings per share (EPS) for the quarter were recorded at INR 2.45 each on a face value of INR 10 per share.
The company's operational performance was supported by steady demand across core sectors such as pipes, food, dairy, cable and wire, FMCG, steel, metal, and wood.
During the quarter, the company maintained its annuity-driven revenue model, benefiting from a growing installed printer base that exceeds 23,000 units and drives recurring consumable demand.
The board of directors reviewed and approved the unaudited financial results at their meeting held on July 23, 2026, with statutory auditors issuing an unmodified review report.
Management continued to execute its three-pronged long-term growth strategy focusing on core coding and marking expansion, scaling the track-and-trace solutions brand QRiousCodes, and growing the packaging business.
01 · Business model
What does Control Print do?
Control Print Limited operates in the coding and marking industry, providing high-speed printing machines, consumables, spares, and after-sales services to diverse manufacturing sectors.
The company's primary product lines include Continuous Inkjet Printers (CIJ), Thermal Inkjet Printers (TIJ), High-Resolution Printers, Thermal Transfer Overprinters (TTO), Laser Printers, and Large Character Printers.
Operating through an annuity business model, the company leverages its expanding installed printer base of over 23,000 units to generate recurring, high-margin revenue from consumable inks, solvents, and ribbons.
The firm serves more than 1,700 cities and towns across India with over 350 sales and service engineers, while also expanding its international footprint through European subsidiaries such as Markprint BV and Codeology Group Ltd.
02 · Historical context
What shaped the business before this quarter
On August 25, 2021, the company acquired an 80% stake in Innovative Codes (I) Private Limited to strengthen its manufacturing of ink-jet printing machines and consumables.
On June 8, 2022, Control Print acquired Control Print BV in the Netherlands, followed by the acquisition of a majority stake in Markprint BV on July 5, 2022.
Between February and March 2024, the group expanded its capabilities through the acquisition of Codeology Group Ltd in the UK and the acquisition of business assets from V-Shapes S.R.L in Italy via CP Italy SRL.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹115.56 Cr |
| Total income | ₹115.73 Cr |
| Profit before tax | ₹9.82 Cr |
| Profit after tax | ₹3.92 Cr |
| EPS | ₹2.45 |
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
A substantial portion of revenue is generated from recurring sales of high-margin consumables, inks, solvents, and spare parts tied to the expanding installed printer base.
New printer placements across continuous inkjet, thermal inkjet, and laser categories continued to expand the active customer base, creating long-term service and consumable revenue streams.
What drove margins
Margins are structurally supported by the higher proportion of recurring consumable sales relative to lower-margin hardware placements.
Consolidated expenses for Q1 FY27 totaled INR 105.91 crore, encompassing material consumption, employee benefit expenses of INR 27.39 crore, depreciation of INR 4.80 crore, and finance costs of INR 0.85 crore.
05 · Demand, customers & order book
Where demand is coming from
The company serves diverse sectors including FMCG, food and dairy, pharmaceuticals, agrochemicals, automotive, cables and wires, and building materials.
The active installed base of printers surpassed 23,000 units, servicing customers across more than 1,700 cities and towns in India.
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company operates under a single primary reportable segment, namely Coding and Marking Applications, in accordance with Ind AS 16 segment reporting standards.
Geography and market mix
Domestic operations continue to anchor revenues through manufacturing facilities in Nalagarh and Guwahati, while international subsidiaries in the Netherlands, UK, Italy, and UAE contribute to global market access.
07 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
Production is anchored by the 30,000 sq. ft. Nalagarh plant (producing CIJ, LCP, TTO, and coders) and the 70,000 sq. ft. Guwahati facility (producing TIJ, high-resolution printers, and manufacturing inks and solvents).
Projects, capex and execution
On May 8, 2026, the company entered into an IP Assignment Agreement with its step-down subsidiary CP Italy S.R.L. to acquire intellectual property rights and patents for INR 31.20 crore (approx. EURO 28.60 lakhs), recorded as intangible assets under development as of June 30, 2026.
The company previously established a land lease agreement for a new manufacturing facility spanning approximately 11.57 acres in Assam for INR 8.61 crore, targeting extrusion, coding and marking products, and food co-packaging units under the UNNATI 2024 scheme.
08 · Strategy & new businesses
How the company is trying to change its growth mix
The company is expanding its QRiousCodes brand to offer cloud-based track-and-trace solutions, moving up the value chain from hardware to data analytics and supply chain visibility.
Leveraging V-Shapes technology acquired via CP Italy SRL, the company provides specialized single-serve packaging equipment, laminates, and co-packaging services.
09 · Reported developments
What changed operationally
Statutory auditors issued an unmodified review report on both standalone and consolidated financial results for Q1 FY27.
Sustained customer traction across dairy, sugar, plywood, cement, and FMCG sectors supported operational continuity.
10 · Beyond the numbers
What changed beyond the numbers
Board Meeting Timing
The Board of Directors met on July 23, 2026, between 10:45 A.M. and 11:50 A.M. via video conferencing to approve the quarterly financial results.
11 · Key Q&A
The quarter, answered directly
What does Control Print do?
Control Print Limited operates in the coding and marking industry, providing high-speed printing machines, consumables, spares, and after-sales services to diverse manufacturing sectors.
What is the clearest takeaway from Q1 FY27?
For the quarter ended June 30, 2026, Control Print Limited reported consolidated revenue from operations of INR 115.56 crore and a total income of INR 115.73 crore.
What drove revenue or demand?
A substantial portion of revenue is generated from recurring sales of high-margin consumables, inks, solvents, and spare parts tied to the expanding installed printer base.
What mattered most for margins or profitability?
Margins are structurally supported by the higher proportion of recurring consumable sales relative to lower-margin hardware placements.
What changed operationally beyond the headline numbers?
Production is anchored by the 30,000 sq. ft. Nalagarh plant (producing CIJ, LCP, TTO, and coders) and the 70,000 sq. ft. Guwahati facility (producing TIJ, high-resolution printers, and manufacturing inks and solvents).
What should the next disclosure help confirm?
Monitor the completion of the intellectual property assignment agreement with CP Italy S.R.L. within the stipulated 90-day window from May 8, 2026.
12 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
13 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
IP Transaction Completion: Monitor the completion of the intellectual property assignment agreement with CP Italy S.R.L. within the stipulated 90-day window from May 8, 2026.
- 02
Track and Trace Adoption: Track commercial progress and market uptake of the QRiousCodes track-and-trace platform in pharmaceutical and regulated industries.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.
