🧾 At a Glance
Control Print Ltd, a ₹1,258 Cr company, isn’t flashy like AI or EV stocks, but it’s built like a dividend-paying tank. India’s only domestic manufacturer of industrial coding and marking printers, it posted a jaw-dropping84% profit growthin FY25. Add a fat 27% ROE, zero debt, and a consistent dividend – and this might just be the most boringly beautiful stock you’ve never heard of.
1️⃣ WTF Do They Even Do?
No, Control Print doesn’t design logos.
🖨️ It makesindustrial printers and consumablesused to print expiry dates, QR codes, barcodes on:
- Packaged food
- Pharma bottles
- FMCG labels
- Chemicals and even… Face Masks 😷 (added during COVID, still going)
🎯 Products:
- Coding & marking printers
- Inks, solvents, and spares (recurring revenue, baby)
- Face masks (small biz line, but still kicking)
2️⃣ Financials – Profit, Margins, ROE, Growth
5-Year Snapshot 📊
| Metric | FY20 | FY25 | CAGR |
|---|---|---|---|
| Revenue | ₹195 Cr | ₹425 Cr | 17% |
| Net Profit | ₹26 Cr | ₹100 Cr | 27% |
| EBITDA Margin | 24% | 19% | (compressed recently) |
| ROE | 16% | 26.8% | 📈 |
📦 Installed base: 21,000+ printers📍 Coverage: 2,700 pin codes, 1,700+ towns
This company isn’t growing via blitzkrieg – it’s compounding like a disciplined SIP investor.
3️⃣ Valuation – Cheap, Meh, or Crack?
| Metric | Value |
|---|---|
| CMP | ₹787 |
| P/E | 12.6x |
| Book Value | ₹258 |
| P/B | 3.05x |
| Dividend Yield | 1.27% |
| ROE | 26.8% |
🧠Fair Value Estimate:
Assuming 15–20% EPS growth, FY26E EPS ~₹72–₹75Applying P/E range of 14–18x:👉FV Range = ₹1,000 – ₹1,350
At ₹787, this is still in “value buy” territory. The market hasn’t caught on fully… yet.
4️⃣ What’s Cooking – Triggers, Expansion, Noise
- FY25 PAT jumped 84%: From ₹55 Cr → ₹100 Cr 💥
- Dividend announced: ₹10/share, ~1.3% yield
- Capex-light business: Annual depreciation <₹20 Cr, asset turns improving
- Expansion
