In May’14 we shared a detailed report on Control Print (BSE Code – 522295) which is one of India’s leading Industrial Coding and Marking solutions provider. The report was initiated for Alpha and Alpha plus members in May 2014 at around levels of 80-85 (CMP – 300).
Control Print is the only Indian manufacturer of Continuous Inkjet Printers (CIJ) and consumables under license of KBAMetronic AG, Germany at its facility in Nalagarh, Himachal Pradesh.
Prior to Control Print’s tie-up with KBA-Metronic AG, it was one of the largest distributors of Videojet CIJ printers in India and Nepal.
Besides CIJ Printers, the company also manufactures Large Character Printers, Electrograph Digital Printers, Thermal Transfer Over printers (TTO), Hot Ink Coders and their consumables in collaboration with respective technology leaders. The laser range of printers at Control Print is supported by MACSA Lasers. MACSA has over 90 years of experience and are market leaders for Laser Solutions internationally.
Control Print has now over 2 decades of experience in the Coding and Marking Industry and has partnered with leading global players technologically. The company provides the entire range of coding and marking solutions for the various manufacturing industries which include Automotive, Agro-Chemicals, Metals, FMCG, Pharmaceutical, Food & Beverage, Wire, Cable, & Pipe, Construction Materials, and Commercial Printing.
Transition from distribution to manufacturing – Since inception in 1991, Control Print’s been solely focused on coding and marking solutions, however till 2006-07 it was largely a distributor of companies like Video-Jet, Markem Corporation USA, Marconi Data Systems USA, etc.
In 2004 Control Print developed it’s own Contact Coder – CONPRINT CC and in 2007-08 began local manufacturing.
In 2008, Control Print further entered into an agreement with KBA Metronic, Germany for transfer of Continuous Ink Jet Printer Technology and the company started the commercial production of alphaJET under license in Dec’08. Since then Control Print has entered into technological tie-ups with other companies as well and further extended the agreement with KBA Metronic by 10 years in 2011.
Now, in order to further expand the business operations, the company is setting up another manufacturing unit at Guwahati, Assam and the same is expected to commence production in Dec’14.
As a result of increase in the contribution of manufacturing sales (1.89 crores in FY 08 to 60.92 crores in FY 13), Control Print’s operating performance has improved drastically over the years and we expect the growth momentum to continue for the next few years.
Detailed Report can be downloaded here:
Disclosure: I have personal investment in Control Print.
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