Control Print (522295) Q3 25/26 earnings summary

Executive summary

• Standalone revenue for Q3 FY26 reached INR 1,093.2 mn, up 16.4% year-over-year, with nine-month revenue at INR 3,117.9 mn (+13.3% YoY); consolidated Q3 revenue was INR 1,188.4 mn, up 15% YoY.

• Coding and marking segment remains the core, representing 92% of business, with steady growth and market leadership in key verticals.

• Installed base surpassed 22,000 printers, supporting recurring consumables revenue.

• PAT (excluding exceptional items) rose 18.7% YoY on standalone basis but declined 36.4% on consolidated basis due to higher tax and international business performance.

• Interim dividend of Rs. 4 per share declared, with record date set for February 6, 2026.

Financial highlights

• Standalone Q3FY26: Revenue Rs 1,093.2 mn (+16.4% YoY), EBITDA Rs 251.7 mn (+21% YoY), PAT Rs 160.8 mn (+18.7% YoY), EPS Rs 10.06.

• Consolidated Q3FY26: Revenue Rs 1,188.4 mn (+15% YoY), EBITDA Rs 178.3 mn (+3.1% YoY), PAT Rs 52.6 mn (-36.4% YoY), EPS Rs 3.29.

• 9MFY26 standalone revenue at Rs 3,117.9 mn (+13.3% YoY), consolidated at Rs 3,420.9 mn (+12.9% YoY).

• Printer sales for nine months exceeded 2,100 units.

• Revenue breakup for Q3: printers 18%, consumables 58%, spares 7%, services 15%.

Outlook and guidance

• Focus on consolidating coding and marking business, increasing installed base, and developing new solutions.

• Price increases implemented; packaging and track and trace businesses expected to contribute more as technical issues are resolved.

• Expect breakeven in Italy packaging business by Q3/Q4 FY27 and profitability in India packaging by Q1/Q2 FY27.

• Maintain mid-teen (16%) growth guidance for the year, with expectations to outpace market growth.

• Recently launched/acquired products and capabilities expected to drive exponential growth over the next 5–7 years.