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Control Print

Posted on: August 8th, 2010 at 12:03 pm

Control Print is one of the leader in Coding & Marking Industry in India. It has partnered with leading global players technologically to provide improved products in India. They provide services for entire range of manufacturing industries which include Automotive, Agro-Chemicals, Metals, FMCG, Pharmaceutical, Food & Beverage, Wire, Cable, & Pipe, Construction Materials, and Commercial Printing.

The company was founded in 1991 in Mumbai, since then they have been making their strong position in Coding & Marking Industry. It is the first company in India to manufacture Industrial Inkjet Printers. With a experience of almost 2 decades in this industry, the company continuously strives to produce and deliver better Products to India.

Solutions provided include:
1. Continuous Inkjet Printer
2. Large Character Printer
3. Hot Roll coder
4. Thermal Transfer Overprint
5. Laser Products
6. Consumables Printing
7. Digital Printing

In recent years the Indian Coding & Marking market has been showing rapid growth and an overall significant volume even in comparison with some other world markets. Keeping this in mind, the Company has also started to manufacture the entire range of Coding & Marking products at their Nalagarh facility.

Partners:
The company currently has 2 partners that help it develop and deliver is product
1. KBA Metronic
– It is a medium-size technology company which specializes in the development, design, production, marketing and service of printing and coding systems. Metronic AG is also a leader in patented innovation. The company was founded in 1972. It is a subsidiary of Euro 2.7 billion Koenig & Bauer AG (KBA), the world’s third largest print equipment manufacturer, and is located in Veitshöchheim in the Lower Franconia region of Germany.

2. Macsa
– It has an impressive history with more than 90 years of experience, and to know its history, one must go back to 1908 when the company Framun located in Manresa (Barcelona) set up the manufacture of rubber stamps. A few years later, this company started to distribute machinery and consumables for rubber stamp manufacturers all over Spain.

Currently trading at 44, having a P/E of 16, Book value of 55

Control Print

Control Print

Considering the growing demand for various Types of Printers in India, the company seems a good bet to invest in, for Mid/Long term.

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44 Responses

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Comment pages: 123Show all

  1. Akshay Says:
    August 8th, 2010
    Posted at: 1:07 pm

    Hi cb guruji,can we buy at cmp.as markets r at 52 weeks high.


  2. Kartik Says:
    August 8th, 2010
    Posted at: 1:17 pm

    Hi Akshay, yes, you may enter it for Mid term at CMP


  3. Akshay Says:
    August 8th, 2010
    Posted at: 1:26 pm

    Kartik bhai,its target pls.


  4. Kartik Says:
    August 8th, 2010
    Posted at: 1:30 pm

    Hi Akshay, around 65


  5. Akshay Says:
    August 8th, 2010
    Posted at: 4:40 pm

    So,guruji buy on dips or buy it tommorrow.pls guide i was thinking that our latest penny stocks which includes cenlub,tyche,neocorp etc. havent much perform yet.why guruji.how does warren buffet gets multibaggers.


  6. Pawan Agarwal Says:
    August 8th, 2010
    Posted at: 4:59 pm

    Considering the Upcoming Commanwealth Games, which companies should we Buy into?


  7. CB Says:
    August 8th, 2010
    Posted at: 6:50 pm

    Hi Akshay, yes. they are fundamentally good bets. should do well in long term .continue to hold onto them.

    Hi Pawan Agarwal, no, not sure of any yet.


  8. Kunu Says:
    August 8th, 2010
    Posted at: 10:52 pm

    Hi cb n kartik : around 65 in hw much time........


  9. CB Says:
    August 8th, 2010
    Posted at: 10:53 pm

    Hi Kunu, hold it for 3-4 months.


  10. CFA-JIM Says:
    August 9th, 2010
    Posted at: 12:57 am

    Kartik/CB ,
    Studying the appended data i have queries reg the following

    1. Sharp Decline in PAT in 09
    2. No Dividend declared in 09
    3. Reduction in EPS and Book Value
    4. Increase in Interest and other Financial Charges in Mar 09 means that they have gone for a capital structure revamp and have taken loans that is charging on the profit.

    Pls look in these data and then if possible revalue your call.

    JIM


  11. CFA-JIM Says:
    August 9th, 2010
    Posted at: 1:03 am

    One thing more In Mar 09 the company has negative cash flows:

    Total Income : 42.59
    Less : Stock Adjustment 4.42
    Income (Cash) 38.17

    Less : Cash Outflow 40.50 (all the Profit & Loss Expenses Items Summed)

    Net Cash flow -2.33

    Pls revalue your call


  12. Raj Says:
    August 9th, 2010
    Posted at: 9:47 am

    Hi CB
    shld i enter CMP@ CONTROL PRINT... wat may be the target of 1 week?

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