Control Print Limited Earnings Summary — Q4 FY2026
Control Print Reports Q4 Revenue Growth Amidst Consumed Material Cost Pressures and Exceptional Subsidy Gains
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue declined 17.4% sequentially in Q1 FY2027.
- Revenue of ₹116 Cr is 3.8% higher year-on-year.
- Revenue has compounded at 6.4% annualised over the last 10 quarters.
- Net profit of ₹4 Cr is 52.9% below the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at -41.3% annualised across the period.
- Operating margin stands at 13.2% in Q1 FY2027.
- Operating margin compressed by 347 bps year-on-year.
- Over the last two years operating margin has contracted by 768 bps.
- PBT margin is 8.5%.
- Expenses grew 8.2% against revenue growth of 3.8%.
- Operating profit of ₹15 Cr is 17.7% lower year-on-year.
- Operating leverage has been under pressure recently.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 41/100 (Moderate) on the latest 10 quarters.
- Business momentum has softened and warrants monitoring.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Stable | 116 | 140 | 119 | 112 | 111 | 122 | 103 | 102 | 98 | 101 |
| Expenses | Improving | 100 | 114 | 101 | 86 | 93 | 100 | 86 | 82 | 77 | 78 |
| Operating Profit | Stable | 15 | 26 | 18 | 26 | 19 | 22 | 17 | 20 | 20 | 23 |
| Operating Margin | Softening | 13.2% | 18.8% | 15.0% | 23.1% | 16.7% | 18.1% | 16.7% | 19.9% | 20.9% | 22.9% |
| Other Income | Volatile | 0 | 1 | 0 | 1 | 4 | 4 | 0 | 2 | 0 | 1 |
| Interest | Volatile | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | Improving | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 3 |
| Profit Before Tax | Stable | 10 | 20 | 13 | 22 | 18 | 21 | 12 | 17 | 16 | 20 |
| Tax | Volatile | 6 | 9 | 7 | 3 | 9 | -45 | 4 | 4 | 4 | 7 |
| Net Profit | Volatile | 4 | 11 | 5 | 19 | 8 | 67 | 8 | 14 | 12 | 13 |
| Net Margin | Volatile | 3.4% | 8.0% | 4.4% | 16.6% | 7.5% | 54.6% | 8.0% | 13.5% | 11.9% | 12.9% |
Key Takeaways
- Revenue saw a steady YoY increase of 14.6% to ₹139.87 crore, driven by the core coding and marking applications segment.
- Net profit figures for the quarter and year are not directly comparable YoY due to a massive one-time MAT credit adjustment of ₹4,957.69 lakhs in FY25.
- The company recognized an exceptional income of ₹399.03 lakhs in Q4 from a Himachal Pradesh government capital investment subsidy for its mask division.
- Inventory levels surged significantly to ₹14,403 lakhs from ₹10,946 lakhs YoY, indicating high working capital intensity.
- Increased Employee Benefit expenses (up 64% YoY in Q4) contributed to margin compression despite higher revenues.
- The board recommended a final dividend of ₹6 per share, bringing the total payout for the fiscal year to ₹10 per share.
Management Guidance
Management did not provide numeric forward guidance but emphasized the strategic consolidation of ownership by purchasing intellectual property rights from its Italian subsidiary.
Sentiment Shift
Stable
While legal and accounting adjustments (MAT credits/subsidy) make profit comparison volatile, core revenue growth remains resilient in the double digits.
Outlook
The company has acquired patents and IP from CP Italy S.R.L for €28.60 lakhs (effective May 2026) to safeguard its technical ecosystem. Growth is linked to Indian industrial manufacturing and the ongoing transition to a high-margin recurring consumables model.
From the Annual Report (Key Quotes)
“The entire grant amount received has been recognized as an exceptional income as the useful life of the machinery in the mask division has already been applied.”
“Operating Results of the current year are not directly comparable with prior period numbers due to recognition of MAT credit Entitlement of Rs. 4,957.69 Lakhs in the previous year.”
“This transaction [IP purchase] has been undertaken with the objective of safeguarding and consolidating the ownership of intellectual property within the Company.”
Official Quarterly Documents
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This summary is AI-generated from Control Print Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.