About Control Print Limited

Founded in 1991 and headquartered in Mumbai, Control Print Limited is a leading Indian manufacturer and provider of industrial coding and marking solutions. The company designs, manufactures and supplies a comprehensive range of printers and consumables used for product identification, traceability and regulatory compliance, alongside spare parts, after-sales services, training and lab testing. Its portfolio spans Continuous Inkjet (CIJ), Thermal Inkjet (TIJ), High-Resolution printers, Thermal Transfer Overprinters (TTO), Hot Roll Coders, Laser Printers and Large Character Printers. Control Print also manufactures advanced sachet packaging machines and offers an in-house Track & Trace platform, QRiousCodes, for QR-based track-and-trace solutions. Manufacturing takes place at Nalagarh, Himachal Pradesh and Guwahati, Assam, supported by a nationwide service network; the company also maintains an overseas branch office in Colombo, Sri Lanka.

Control Print serves customers across India and internationally, with presence in 19 countries spanning Asia, Africa, Europe and the Middle East. Markets include Germany, the UK, Saudi Arabia, Bangladesh, Kenya and Indonesia, among others. The company reports a field presence of 350+ engineers covering 1,700+ cities/towns and 2,700+ pin codes in India. Key milestones include being the only major coding and marking company manufacturing in India, an installed base of over 21,000 printers, and a domestic market share of 19–20%. As of the latest year, Control Print has 8 subsidiaries (including step-down subsidiaries) across India and overseas to support technology and market expansion.

Control Print Limited Business Segments

By activity (Standalone): Manufacturing accounted for 85.19% of turnover, with Support service to organisations at 14.81%.

By geography (Standalone): Exports contributed 2.85% of turnover; the balance was from domestic operations. The company serves 19 international markets across multiple regions.

Control Print Limited Key Management

• Basant Kabra, Chairman & Managing Director
• Shiva Kabra, Joint Managing Director
• Jaideep Barve, Chief Financial Officer
• Murli Manohar Thanvi, Company Secretary & Compliance Officer

Latest Updates on Control Print Limited

• International expansion and structure: During the year, Control Print incorporated a wholly owned subsidiary, Control Print MEA FZE, in the UAE on January 08, 2025, to access global markets. Through Control Print B.V., the company increased its stake in Markprint B.V. to 85% on August 07, 2024, and holds a 50.49% stake in Codeology Group Limited (UK). It also formed CP Italy S.r.l. on February 23, 2024, in connection with single-dose packaging technology via V‑Shapes. These steps complement earlier moves, including the acquisition of business assets from V‑Shapes S.R.L. on March 29, 2024.
• Operating footprint and capacity: Control Print reported two manufacturing facilities (Nalagarh and Guwahati) and sold 2,927 printers during the year, with factories operating at 60–65% capacity. The installed base crossed 21,000+ printers, supported by a 350+ member sales and service team across India.
• Product and solution focus: The company continued to advance its coding and marking portfolio (CIJ, TIJ, laser and large character printers), and scaled its Track & Trace solution, QRiousCodes, which is seeing promising adoption in pharmaceuticals. It also progressed in next-generation mono-dose packaging through V‑Shapes and CP Italy S.r.l..
• Market position and recognitions: Control Print reiterated its domestic market share at 19–20% and highlighted that it is the only major coding and marking company manufacturing in India. Its CRISIL ratings were maintained at CRISIL A (Stable) for long-term and CRISIL A1 for short-term, reflecting operational strength and stability.