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14-May-2024

Control Print

Expects gross margin to be around 60% and higher


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Control Print held a conference call on 14 May 2024 to discuss the results for the quarter ended March 2024 and way forward. Mr. Shiva Kabra - Joint Managing Director and Mr. Jaideep Barve - Chief Financial Officer of the company addressed the call.

Highlights of the Concall

  • Net sales increased 14% to Rs 100.61 crore in Q4FY24 while it rose 18% to Rs 359.27 crore in FY24 thereby continuing to focus on growth across the business and supported by growing share of consumable sales during the year.

  • Installed base continues to be more than 18,500 printers, aiding growth in consumable sales.

  • Food, dairy, FCMG and pipes sector continue to witness good traction for printers and consumables while sugar, plywood, Cement and laminates continued to see consolidation of market share,

  • Higher provision for tax is on account of gain on sale of investments.

  • Q4FY24 segment wise printer revenue was about 16%, consumables reven...



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