Control Print Limited has received favorable credit ratings from ICRA Limited, with the rating agency assigning ICRA A+ (Stable) for long-term bank facilities and ICRA A1+ for short-term bank facilities.

Credit Rating Details

The credit rating assignment was communicated through ICRA Limited's report dated March 13, 2026. The ratings reflect the agency's assessment of the company's creditworthiness and financial stability.

Regulatory Compliance

Control Print Limited disclosed this development to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with Schedule III of the SEBI LODR regulations.

Significance of the Ratings

The ICRA A+ rating with stable outlook for long-term facilities indicates a strong degree of safety regarding timely servicing of financial obligations. The ICRA A1+ rating for short-term facilities represents the highest rating in ICRA's short-term rating scale, indicating very strong degree of safety regarding timely payment of financial obligations.

The communication was signed by Murli Manohar Thanvi, Company Secretary and Compliance Officer of Control Print Limited, and submitted to the stock exchanges on March 13, 2026.

Control Print Limited has released its third quarter consolidated financial results, presenting a mixed performance characterized by revenue expansion alongside reduced profitability. The company's latest quarterly numbers reflect contrasting trends in its top-line and bottom-line performance.

Financial Performance Overview

The company's Q3 consolidated results demonstrate divergent trends across key financial metrics:

Revenue Growth Momentum

Control Print achieved notable revenue expansion during the quarter, with consolidated revenue reaching ₹1.2 billion compared to ₹1 billion in the same quarter of the previous year. This 20% year-on-year growth in the top line indicates the company's ability to expand its business operations and market reach during the reporting period.

Profitability Challenges

Despite the positive revenue trajectory, the company faced profitability headwinds during Q3. Consolidated net profit declined to ₹53 million from ₹83 million recorded in the corresponding quarter of the previous year. This represents a significant 36.14% decrease in bottom-line performance, suggesting potential margin pressures or increased operational costs during the quarter.

Performance Analysis

The contrasting performance between revenue growth and profit decline indicates that while Control Print successfully expanded its business volume, it experienced challenges in maintaining profitability levels. The revenue increase of 20% was insufficient to offset the factors that contributed to the substantial decline in net profit margins during the reporting period.