Control Print (India) Ltd. — Investor Presentation 2021

Jul 19, 2021

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July 19, 2021

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 Tuesday, July 20, 2021 at 4.00 P.M. on Q1FY22 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.

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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

• INVESTOR PRESENTATION Q1FY2022

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R e fe r to d i s claim er Q1 FY22 - Investor presentation

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 nor shall or of this document form the basis or be relied on in (“CPL”, "Company“), part, all, of, connection with, any contract or investment decision in relation to any securities of the Company.

This document is confidential and not be distributed or transmitted to in whole or in strictly may copied, published, any person, 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 relies on information obtained from sources believed to be reliable but does not its or Company guarantee accuracy completeness.

This document contains statements about future events and expectations that are forward-looking statements. These statements contain words such as and and words of similar statement in this document that is not a typically "expects" "anticipates" import. Any statement of historical fact is a forward looking statement that involves known and unknown risks, uncertainties and other factors which cause our actual or achievements to be different from future or may results, performance materially any results, performance achievements or such statements. None of the future estimates or expressed implied by forward-looking projections, expectations, in this document should be taken as forecasts or nor should be taken as assurance or prospects promises they implying any indication, 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 forwardlooking 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.

Q1 FY22 - Investor presentation

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Contents

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Quarterly
Company
Performance
Key notes
Overview
Highlights
Annual
Way
Performance
Forward
Highlights
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Com an Overview p y

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Control Print has over 30 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.

Q1 FY22 - Investor presentation

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Products

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Large Character
Printer
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High Hot Roll Large Character
Continuous InkJet
Resolution Printer Coder Printer
Printer
Thermal Transfer Consumables
Laser Printer
Thermal Inkjet
Printer Overprinter
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Industries We Serve

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Agrochemicals and Seeds Automotive Beverages

Building and Construction Materials Cable and Wire Cement Chemicals and Lubricants Electronics FMCG

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Food Healthcare Packaging and Packaging Materials Plywood Pipes and Extruded Plastics Rubber and Tyres Steel and Metal Textiles

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Q1 FY22 - Investor presentation

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Key Notes

Crisil re-affirms credit rating at ‘A’ Only integrated “Make in India” manufacturer

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Installed base of printer crosses 13,000 mark

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Company maintains Top 1000 position as per market cap on NSE

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Q1 FY22 - Investor presentation

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• QUARTER PERFORMANCE HIGHLIGHTS

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Ke hi hli hts for the uarter y g g q

Revenue Growth

Fourth consecutive quarter of Rs.500+mn revenue for the quarter All business verticals continue to contribute to revenue New product launches of TTO, TIJ & High Rise witnessing good traction

Profitability Analysis

Lower share of consumable sales due to lower industrial production from Wave 2, led to muted EBITDA Margin

Positives

Inspite of challenges from the 2[nd] wave, revenue performance was encouraging Quick recovery expected as installed base continues to increase

Sectoral view

The company continues to dominate in wood and pipes sector while FMCG sector picking up Control Print is providing solutions to customers to help protect their (customer’s) products against counterfeits

Q1 FY22 - Investor presentation

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Brief Financials for the quarter

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Particulars (Rs mn)	Q1FY22	Q4FY21	Q1FY21	YoY (%)	FY2021	FY2020
Net sales	543.9	610.8	349.2	55.8%	2036.9	1,949.2
Gross Profit	335.8	358.5	235.9	42.3%	1251.0	1,218.5
Gross margin (%)	61.73	58.68	67.57		61.42	62.5
EBITDA	118.2	152.3	84.9	39.2%	498.2	461.0
EBITDA margin (%)	21.73	24.94	24.31		24.46	23.7
EBIT	86.9	130.4	64.1	35.6%	383.0	382.1
PBT (excl. exceptional)	85.6	128.5	60.3	42.0%	370.9	373.5
PAT (excl. exceptional)	57.2	107.2	55.1	3.7%	311.8	309.3
PAT margin (%)	10.51	17.56	15.79		15.3	15.9
Exceptional (loss)/gain#	31.6	0.1	21		(17.9)	(42.9)
EPS(Rs)(excl. exceptional)	3.50	6.57	3.38	3.7%	19.09	18.94
Dividend per Share (Rs.)	-	Final: Rs 4.5	-		Total: Rs 8.5	Total: Rs 8.0

Exceptional items for Q1FY22 - for the quarter ended June 30, 2021 includes Rs. 31.57 mn (Credit) being Gain on sale of office premises and assets located at Vasai (Maharashtra) and Rs. 0.06 mn (Credit) towards the changes in fair value of Investments Including profit on redemption of units in Mutual Fund routed through Profit & Loss Account.

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Synopsis of Quarterly Performance (1/2)

70.0 65.0

			Continued Rs 500+ mn quarterly revenue run rate
R i M	0 80 160 240 320 400 480 560 s. n n		512 501 474 462 349 530 546 611 544
			Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Net Sales

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0 50 100 150 200 250 300 350 400 Rs. in Mn	62.5 64.0 63.5 59.9 67.6 58.8 60.1 58.7 61.7 50.0 55.0 60.0 65.0 70.0 75.0 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3FY21 Q4FY21 Q1FY22 Gross Profit Gross Margin (%)

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Synopsis of Quarterly Performance (2/2)

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160 35%
152
140 133 28.1%
130 131 130 30%
122
118
24.9%
120 113 24.3%
23.8%
110 24.0%
25%
22.6%
21.7%
99
96 24.5% 21.4%
100 93 18.4%
91
85 85 87 20% 23.3%
18.4%
80
19.4%
18.2%
65 64 15% 17.4% 17.6%
16.0%
60
14.1%
10%
40
5%
20
0%
0
EBIDTA EBIT EBIT Margin EBIDTA MARGIN
Rs. in Mn
Q2FY21 Q3FY21 Q4FY21 Q1FY22
Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21
Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21
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• ANNUAL PERFORMANCE HIGHLIGHTS

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Annual Profit & Loss Statement

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Particulars (Rs mn)	FY17	FY18	FY19	FY20	FY21
Net sales	1,473.5	1,739.3	1,746.0	1,949.2	2036.9
Gross Profit	953.2	1186.3	1132.0	1218.5	1251.0
Gross margin (%)	64.70	68.21	64.84	62.51	61.42
EBITDA	382.6	501.6	399.8	461.0	498.2
EBITDA margin (%)	25.96	28.84	22.90	23.65	24.46
EBIT	351.9	437.5	333.9	382.1	383.0
PBT (excl. exceptional)	341.3	424.5	331.2	373.5	370.9
PAT (excl. exceptional)	261.2	355.6	255.5	309.3	311.8
PAT margin (%)	17.73	20.44	14.63	15.87	15.3
Exceptional (loss)/gain	(0.4)	(39.3)	45.0	(42.9)	(17.9)
Adjusted EPS(Rs)(excl. exceptional)	14.1	16.9	21.2	13.7	19.09
Reported EPS(Rs) (incl exceptional)	12.6	19.3	18.4	16.3	18.00
Dividend per Share (Rs.)	6.0	6.5	6.5	8.0	8.5
Dividend Payout (%)	48%	34%	36%	50%	47%

Q1 FY22 - Investor presentation

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Synopsis of Annual Performance (1/2)

Revenue (Rs mn)

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2,500
2,036.9
1,949.2
2,000
1,739.4 1,746.0
1,473.5
1,500
1,345.2
1,000
500
0
FY16 FY17 FY18 FY19 FY20 FY21
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80.0
68.2
70.0 66.3
64.7 64.8
62.5
61.42
60.0
50.0
Gross Margins maintained above 60%
40.0 EBITDA Margin maintained above 24%
27.8
30.0
25.8
25.0 25.3
24.46
23.6
20.0
10.0
-
FY16 FY17 FY18 FY19 FY20 FY21
Gross Margin (%) EBITDA (%)
(%)
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Synopsis of Annual Performance (2/2)

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30.0
28.0
26.0 25.0 Mid to high teen PAT
margins maintained
24.0
22.2
21.4 21.4
22.0
19.2
20.0
18.2
18.0 19.2
17.4
16.0
17.1
16.8
15.9
14.0 15.3
12.0
10.0
FY16 FY17 FY18 FY19 FY20 FY21
PAT (%) PBT (%)
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30.0
28.0
26.0 Low tax rate led by Guwahati
24.5
23.3 operations tax benefits
24.0
22.0
20.3
20.0
18.5
17.2
18.0
16.7
16.0
14.0
12.0
10.0
FY16 FY17 FY18 FY19 FY20 FY21
Tax rate (%)
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Q1 FY22 - Investor presentation

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WAY FORWARD

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Way Forward

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Higher Newly Replacement Larger Market Focused Consumables Launched Market, OEM Share with Mask Division marketing plans Sales with products to and Key increasing contributes in to capture last improved deliver Accounts to be installed base mile user FY21-22 industrial exponential the drivers of printers. production growth

Q1 FY22 - Investor presentation

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T H A N K Y O U F o r fu r th e r i n fo r m ation pleas e c o n ta c t R a h u l K h e t t ry KA P T I F Y[®] C h ie f F in a n c ial Of f ic e r E ma il: c fo @ c o ntr olpr int.c om W e b s ite : w w w.c ontr olpr int.c om

S t r a t eg y & In v e s t o r A d v is o ry | C o n s u lt in g E mail: contact@ kaptify.in | +91 - 845 288 6099 W e b s ite : w w w.k aptify .in

Q1 FY22 - Investor presentation

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