investor presentation - control print limited...jul 27, 2020 · investor presentation - q1 fy21 10...

Investor Presentation - Q1 FY21 Private & Confidential 1

INVESTOR PRESENTATION

July 25, 2020

Q1 FY21

Refer to disclaimer


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.

DISCLAIMER


CONTENTS

Company Overview

Quarterly Performance Highlights

Highlights

Annual Performance Highlights

Way Forward


PRODUCTS

Continuous InkJet Printer

Thermal Inkjet Printer

High Resolution

Printer

Thermal Transfer

Overprinter

Consumables

Large Character

Printer

Laser Printer

Hot Roll Coder


INDUSTRIES WE SERVE


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.

COMPANY OVERVIEW


Key notes

Crisil re-affirms

credit rating

at ‘A„

Company maintains Top 1000

position as per market cap

Installed base of printer

crosses

12,000 mark

Only integrated

“Make in India”

manufacturer


HIGHLIGHTS


Profitability Upside

In spite of lower revenue, EBITDA and PAT (excl.

exceptional) were at par with Q4FY20

Healthy margins with Gross Margin @ 67.6% and

EDITDA margin @ 24.3% in a tough quarter

Stringent cost control

Revenue Growth

Revenue was strong led by favourable mix towards consumables

Good recovery in Industrial Production

Flagship division (CIJ) maintains momentum amid gradual recovery of customers

Printers as well as consumables revenue expected to pick up in Q2

Newly launched products contributing to growth

Positives

New product launches well accepted by the market

Multiple verticals to deliver

growth in FY21

Man, Machine, Material, Finances, Technology are in

place to deliver continuous growth

SOFT START MARRED BY LOCKDOWN – MARGINS AIDED BY FAVOURABLE PRODUCT MIX


BRIEF FINANCIALS

Particulars (Rs mn) Q1FY21 Q4FY20 Q1FY20 FY2020 FY2019

Net sales 349.2 462.2 512.2 1,949.2 1,746.0

Gross Profit# 236.0 276.6 320.3 1,141.3 1,062.7

Gross margin (%) 67.6 59.9 62.5 58.6 60.9

EBITDA 84.9 85.1 137.7 429.5 453.1

EBITDA margin (%) 24.3 18.4 26.9 22.0 26.0

EBIT 64.1 65.1 118.1 339.2 378.8

PBT (excl. exceptional) 60.3 62.2 116.2 373.5 331.2

PAT (excl. exceptional) 55.0 55.0 95.0 309.0 256.0

PAT margin (%) 15.8 11.9 18.5 15.9 14.7

EPS(Rs) (excl. exceptional) 3.4 3.4 5.8 18.94 15.65

Dividend per Share (Rs.) - - - 8.0* 6.5

# Gross Profit calculated as Net Sales – Material Consumed (Cost of materials consumed + Change in Inventory + Purchase of stock in trade)

* Note: Total interim dividend paid during FY20 (1st : Rs 2.5 per share ; 2nd : Rs 4.5 per share)


QUARTER PERFORMANCE

HIGHLIGHTS


SYNOPSIS OF QUARTERLY PERFORMANCE (1/2)

435 411

440 460

512 501 474 462

349

0

70

140

210

280

350

420

490

560

Q1

FY1

9

Q2

FY1

9

Q3

FY1

9

Q4

FY1

9

Q1

FY2

0

Q2

FY2

0

Q3

FY2

0

Q4

FY2

0

Q1

FY2

1

Rs.

in M

n

Net Sales

55.9 56.1

62.2 63.9

62.5 64.0 63.5

59.9

67.6

50.0

52.0

54.0

56.0

58.0

60.0

62.0

64.0

66.0

68.0

70.0

0

50

100

150

200

250

300

350

400

450

500

Q1

FY1

9

Q2

FY1

9

Q3

FY1

9

Q4

FY1

9

Q1

FY2

0

Q2

FY2

0

Q3

FY2

0

Q4

FY2

0

Q1

FY2

1

(%)

Rs.

in M

n

Gross Profit Gross Margin (%)


SYNOPSIS OF QUARTERLY PERFORMANCE (2/2)

121

100

88

143

122 113

133

85 85

103

82

70

124

99 91

110

65 64

0

20

40

60

80

100

120

140

160

Q1

FY1

9

Q2

FY1

9

Q3

FY1

9

Q4

FY1

9

Q1

FY2

0

Q2

FY2

0

Q3

FY2

0

Q4

FY2

0

Q1

FY2

1

Rs.

in M

n

EBIDTA EBIT

23.71%

19.90%

15.81%

27.01%

19.38% 18.23%

23.28%

14.09%

18.35%

27.85%

24.45%

20.08%

31.11%

23.80% 22.62%

28.09%

18.41%

24.31%

0%

5%

10%

15%

20%

25%

30%

35%

Q1

FY1

9

Q2

FY1

9

Q3

FY1

9

Q4

FY1

9

Q1

FY2

0

Q2

FY2

0

Q3

FY2

0

Q4

FY2

0

Q1

FY2

1

EBIT Margin EBIDTA MARGIN


ANNUAL PERFORMANCE

HIGHLIGHTS (FY20)


SYNOPSIS OF ANNUAL PERFORMANCE (1/2)

0

500

1,000

1,500

2,000

2,500

FY16 FY17 FY18 FY19 FY20 FY20(Adj)

Revenue (Rs mn)

66.3 64.7 68.2

64.8 62.5 62.4

27.8 25.0 25.8 25.3

21.0 22.1

-

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0


(%)

Gross Margin (%) EBITDA (%)

Gross Margins maintained above 60%

EBITDA Margin maintained above 21%


SYNOPSIS OF ANNUAL PERFORMANCE (2/2)

19.2

16.8 17.4 17.1

13.2

14.6

10.0

12.0

14.0

16.0

18.0

20.0

22.0

24.0


PAT (%)

Mid to high teen PAT margins maintained

23.3 24.5

18.5

20.3 19.9

18.0

10.0

12.0

14.0

16.0

18.0

20.0

22.0

24.0

26.0

28.0

30.0


Tax rate (%)

Low tax rate led by Guwahati operations tax benefits


WAY FORWARD

Higher Consumables

Sales with improved

industrial production

Newly Launched

products to deliver

exponential growth

Replacement Market,

OEM and Key

Accounts to be the

drivers

Focused marketing

plans to capture last

mile user

Larger Market Share

with increasing

installed base of

printers.

Mask Division to

contribute from

Q2 FY20-21


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

For further details please contact

Rahul Khettry Chief Financial Officer [email protected]

Kaptify Investor Relations Consultants [email protected]

mailto:[email protected]

mailto:[email protected]

investor presentation - control print limited...jul 27, 2020 · investor presentation - q1 fy21 10...

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