Control Print (India) Ltd. — Investor Presentation 2020

Oct 23, 2020

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October 23, 2020

To,

The Compliance Department, BSE Limited, P. J. Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code – 522295	The Compliance Department, National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Symbol - CONTROLPR

Sub: Presentation on Investor Meeting

Ref: Disclosure under Regulation 30 read with para A of part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirement, Regulation, 2015

Please find enclosed herewith the Investor Presentation for the Conference Call with the Investors / Shareholders of Control Print Limited (the Company) fixed through Asian Markets Securities Private Limited (AMSEC) on Monday, October 26, 2020 at 4.00 P.M. on Q2FY21 of the Company .

Further, the said presentation will be made available on Company’s website at www.controlprint.com

This is for your information and record.

Yours sincerely,

For Control Print Limited

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Reena Shah

Company Secretary & Compliance Officer

Control Print Limited, C-106, Hind Saurashtra Industrial Estate, Andheri-Kurla Road, Marol Naka, Andheri (East), Mumbai 400059, India t. +91 22 28599065 / 66938900 | f. +91 2228528272 | e. ho@controlprint.com I w. www.controlprint.com CIN. L22219MH1991PLC059800

MUMBAI (Regd.Office). AHMEDABAD. BENGALURU. CHANDIGARH. CHENNAI. COLOMBO. DELHI. GUWAHATI HYDERABAD. JAMSHEDPUR. KOLKATA. NALAGARH. PUNE. VASAI

October 23, 2020

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INVESTOR PRESENTATION Q2 FY21

Investor Presentation - Q2 FY21 Refer to disclaimer

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Private & Confidential

DISCLAIMER

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This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Control Print Limited (“CPL”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection with, any contract or investment decision in relation to any securities of the Company.

This document is strictly confidential and may not be copied, published, distributed or transmitted to any person, in whole or in part, by any medium or in any form for any purpose. The information in this document is being provided by the Company and is subject to change without notice. The Company relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness.

This document contains statements about future events and expectations that are forward-looking statements. These statements typically contain words such as "expects" and "anticipates" and words of similar import. Any statement in this document that is not a statement of historical fact is a forward looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. None of the future projections, expectations, estimates or prospects in this document should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in the document. The Company assumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

You acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company.

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Investor Presentation - Q2 FY21

CONTENTS

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Quarterly
Company
Highlights Performance
Overview
Highlights
Annual
Way
Performance
Forward
Highlights
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Investor Presentation - Q2 FY21

PRODUCTS

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High Thermal
Thermal
Continuous Resolution Transfer
InkJet Printer Inkjet Printer
Printer Overprinter
Large
Hot Roll Laser
Character Consumables
Coder Printer
Printer
Investor Presentation - Q2 FY21 Private & Confidential
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INDUSTRIES WE SERVE

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Investor Presentation - Q2 FY21

COMPANY OVERVIEW

Control Print has over 29 years of operational experience in the Indian coding and marking industry. With over 360 field staff and two state of the art factories, we are India's strongest and most reliable partner to you our customers.

Our representatives tailor their purchase advice based on your needs as a customer. We are committed to ensuring that with Control Print you the customer will have one less thing to worry about.

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Investor Presentation - Q2 FY21

Key notes

Crisil re-affirms credit rating at ‘A’

Only integrated “Make in India” manufacturer

Company maintains Top 1000 position as per market cap

Installed base of printer crosses 12,000 mark

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Investor Presentation - Q2 FY21

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HIGHLIGHTS

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Investor Presentation - Q2 FY21

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BEST EVER REVENUE FOR A QUARTER - INCREASE IN PRINTER SALES

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Revenue Growth Positives
Profitability Upside
Revenue was highest ever for
any quarter Best ever revenue in a quarter led by
In spite of lower Gross Margin (due
Good recovery in Industrial Production new product launches and
to change of product mix) at 61.95%
Flagship division (CIJ) maintains printer demand
vs 64.0% last year, EBITDA margins
momentum amid gradual recovery of
customers continue to be high at 24.5% vs Multiple verticals to deliver
24.9% last year led by stringent cost growth in FY21
Printers volume picked up in Q2FY21
controls
Man, Machine, Material, Finances,
Newly launched products
contributing to growth
Technology are in place to
deliver continuous growth
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Investor Presentation - Q2 FY21

BRIEF FINANCIALS

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Particulars (Rs mn)	Q2FY21	Q1FY21	Q2FY20	FY2020	FY2019
Net sales	530.4	349.2	500.6	1,949.2	1,746.0
Gross Profit	328.6	236.0	320.4	1,218.5	1,132.0
Gross margin (%)	62.0	67.6	64.0	62.5	64.8
EBITDA	130.0	84.9	124.7	461.0	399.8
EBITDA margin (%)	24.5	24.3	24.9	23.7	22.9
EBIT	92.6	64.1	106.5	382.1	333.9
PBT (excl. exceptional)	89.7	60.3	104.6	373.5	331.2
PAT (excl. exceptional)	73.2	55.0	88.3	309.3	255.5
PAT margin (%)	13.8	15.8	17.6	15.9	14.6
Exceptional (loss)/gain	1.7	-211	-153	-429	450
EPS(Rs)(excl. exceptional)	4.48	3.38	5.40	18.94	15.65
Dividend per Share (Rs.)	-	-	-	8.0	6.5

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Investor Presentation - Q2 FY21

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QUARTER PERFORMANCE HIGHLIGHTS

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Investor Presentation - Q2 FY21

SYNOPSIS OF QUARTERLY PERFORMANCE (1/2)

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Highest ever revenue in
any quarter
560 530 500 70.0
512
501
474 450 68.0
460 462 67.6
480
440
411 400 66.0
63.9 64.0
400 349 350 63.5 62.0 64.0
300 62.0
320 62.5
62.2
250 59.9 60.0
240
200 58.0
160 150 56.0
56.1
100 54.0
80
50 52.0
0 0 50.0
Gross Profit Gross Margin (%)
Net Sales
(%)
Rs. in Mn
Rs. in Mn
Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2FY21 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21
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Investor Presentation - Q2 FY21

SYNOPSIS OF QUARTERLY PERFORMANCE (2/2)

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Top quartile EBITDA EBITDA Margins continue
during the quarter to be strong at +24%
160 35% 31.1%
143
140 133 130 30% 28.1%
124
122
120 113 110 24.4% 23.8% 24.3% 24.5%
25%
100 99 20.1% 27.0%
100 91 93 22.6% 18.4%
88
85 85 20% 23.3% 18.4%
82
80 70 19.9% 19.4% 18.2%
65 64
15% 17.4%
60 15.8%
14.1%
10%
40
5%
20
0 0%
EBIDTA EBIT
EBIT Margin EBIDTA MARGIN
Rs. in Mn
Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2FY21 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2FY21
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Investor Presentation - Q2 FY21

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ANNUAL PERFORMANCE HIGHLIGHTS (FY20)

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Investor Presentation - Q2 FY21

SYNOPSIS OF ANNUAL PERFORMANCE (1/2)

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80.0
2,500
68.2
66.3
70.0 64.7 64.8
62.5 62.4
2,000
60.0
Gross Margins maintained above 60%
50.0
1,500
EBITDA Margin maintained above 21%
40.0
1,000 30.0 27.8 25.0 25.8 25.3
22.1
21.0
20.0
500
10.0
0 -
FY16 FY17 FY18 FY19 FY20 FY20(Adj) FY16 FY17 FY18 FY19 FY20 FY20(Adj)
Revenue (Rs mn)
Gross Margin (%) EBITDA (%)
(%)
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Investor Presentation - Q2 FY21

SYNOPSIS OF ANNUAL PERFORMANCE (2/2)

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30.0
24.0
28.0
22.0
26.0 24.5 Low tax rate led by Guwahati
23.3
20.0 19.2 24.0 operations tax benefits
17.4 22.0
18.0 16.8 17.1 Mid to high teen PAT 20.3 19.9
margins maintained 20.0 18.5
18.0
16.0
14.6 18.0
14.0 13.2 16.0
14.0
12.0
12.0
10.0
10.0
FY16 FY17 FY18 FY19 FY20 FY20(Adj) FY16 FY17 FY18 FY19 FY20 FY20(Adj)
PAT (%) Tax rate (%)
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Investor Presentation - Q2 FY21

WAY FORWARD

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Higher Newly
Replacement Larger Market
Consumables Launched Focused Mask Division
Market, OEM Share with
Sales with products to marketing plans contributes
and Key increasing
improved deliver to capture last from
Accounts to be installed base
industrial exponential mile user Q2 FY20-21
the drivers of printers.
production growth
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Investor Presentation - Q2 FY21

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For further details please contact

Rahul Khettry Chief Financial Officer cfo@controlprint.com www.controlprint.com

KAPT I FY ™

Strategy & Investor Advisory | Consulting contact@kaptify.in Tel: +91-845 288 6099 www.kaptify.in

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CONTROL PRINT LIMITED

C-106, Hind Saurashtra Industrial Estate, Andheri-Kurla Road, Marol Naka, Andheri (East), Mumbai 400059, India. Phone : +91 22 28599065 / 66938900 |Fax : +91 22 28528272 Investor Presentation - Q2 FY21

Private & Confidential

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