Control Print Q1 FY26: Ink Is Drying, But Profits Are Leaking?
1. At a Glance
Control Print Ltd makes industrial printers, inks, and masks (yes, you read that right). It’s the only Indian manufacturer in the coding & marking space. Strong balance sheet, high promoter holding, and a quirky combo of products—but is it printing profits or errors?
2. Introduction with Hook
Imagine if a laser printer went to IIT, married a face mask, and got listed on BSE. That’s Control Print for you.
Installed base: 21,000+ printers.
Q1 FY26 net profit: ₹8.56 Cr (down 43% YoY)
Operating margins: Slipping like ink on glossy paper—from 27% to 16.7% in one year.
3. Business Model (WTF Do They Even Do?)
Control Print operates in:
Coding & Marking Machines: Used to print expiry dates, batch numbers on FMCG, pharma, and more.
