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CONTROLPR Diversified 15 Jan 2026

Control Print Limited — Q3 FY26

Control Print reported standalone Q3 FY26 revenue of ₹109 crore, up 16% YoY, driven by coding & marking growth of ~15%.

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Revenue ₹109 Cr +15.96%
EBITDA +21%
PAT +19%
EBITDA Margin
Duration 77 min
Read Time 1 min read

Financial stats pending filing verification

2-Minute Summary

✦ AI-Generated from Full Transcript

Control Print reported standalone Q3 FY26 revenue of ₹109 crore, up 16% YoY, driven by coding & marking growth of ~15%. EBITDA grew 21% YoY, but PAT lagged at 19% YoY due to higher tax provisions. Employee costs rose sharply (28% YoY) partly due to one-time labor code provisions and incentive accruals; other expenses also increased. Management expects cost optimization in Q4. The packaging business (Vshapes) continues to face execution delays, with only one machine shipped in Q3; guidance for India packaging breakeven by Q1/Q2 FY27 and Italy by Q3/Q4 FY27. Track & trace pilots are progressing, with two large pharma contracts in final negotiation. Key risk: sustained cost inflation or further packaging delays could pressure margins.

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Focused Modules

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Risk Intelligence

Packaging business execution delays

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Quarter Snapshot

Printer Sales (9M) 2,100+
+14% YoY

Over 2,100 printers sold in 9 months; installed base now 22,000+.

Installed Base 22,000+
+10% YoY

Installed base of printers exceeds 22,000, supporting recurring consumable revenue.

Revenue Mix (Q3) Consumables 58%
Stable YoY

Consumables contribute 58% of coding & marking revenue; printers 18%, spares 7%, services 15%.

Capacity Utilization 65-70%
Stable

Core coding & marking capacity utilization at 65-70%, no major capex needed.

Fast read

Guidance and risk preview

Top guidance Standalone revenue growth of ~15% for FY26

Management expects standalone revenue growth to continue in the 15% zone for FY26, driven by coding & marking market growth and product advantages.

Top risk Packaging business execution delays

Vshapes machine shipments have been delayed due to technical issues; only one machine shipped in Q3.

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