October 21, 2023

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

Sub: Outcome of Board Meeting – Regulation 30 and 33 of SEBI (Listing Obligations

and Disclosure Requirements) Regulation, 2015

Dear Sir/Madam,

Pursuant to Regulation 30 and 33 of Listing Regulations, we would like to inform you that the
Board of Directors in their meeting held today i.e October 21, 2023 through Video
Conferencing (“VC”) / other Audio Visual Means (“OVAM”) have:

1. Approved the Un-audited Financial Results (Standalone & Consolidated) for the quarter
and half year ended September 30, 2023;

The meeting of the Board of Directors commenced at 12.00 noon and concluded at 1.00
p.m.

In respect of this, we enclose herewith the following:

1. The Un-audited Financial Results (Standalone & Consolidated) for the quarter and half
year ended September 30, 2023.

2. Limited Review Report issued by M/s. Jhawar Mantri & Associates, Statutory Auditors of
the Company, on the Un-audited (Standalone and Consolidated) Financial Results of the
Company for the quarter and half year ended September 30, 2023.

Kindly take the same on your records.

Thanking you,
For Control Print Limited
Digitally signed by AKSHAY RASIKBHAI

AKSHAY SATASIYA
DN: c=IN, o=PERSONAL, title=8430,
pseudonym=be3a62ad39346acbafd9d
61b02d1eacb5c255a3f6c3a516c43a577

RASIKBHAI 8a9f5170d7, postalCode=401107,

st=Maharashtra,
serialNumber=92155bb4c8a718685140

SATASIYA
1ce18408d9b8b9fff7265ce1c8f28515b
7cb9dba3fb6, cn=AKSHAY RASIKBHAI
SATASIYA

______________
Date: 2023.10.21 13:12:24 +05'30'

Akshay Satasiya
Company Secretary & Compliance Officer

Place: Mumbai
Encl: As above.

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. [email protected] I w.www.controlprint.com
CIN. L22219MH1991PLC059800
MUMBAI (Regd.Office). AHMEDABAD. BENGALURU. CHANDIGARH. CHENNAI. COLOMBO. DELHI. GUWAHATI
HYDERABAD. JAMSHEDPUR. KOLKATA. NALAGARH. PUNE.
 CONTROL PRINT LIMITED
(CIN: L22219MH1991PLC059800)
Regd. Off: C-106, Hind Saurashtra Industrial Estate, Andheri-Kurla Road, Marol Naka,Andheri (East), Mumbai – 400 059.
Ph.No.: 022-28599065, 66938900
Website: www.controlprint.com Email: [email protected]

STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2023

(Rs. in Lakhs Except EPS)

Sr No. Particulars Quarter Ended Half Year Ended Year Ended
30.09.2023 30.06.2023 30.09.2022 30.09.2023 30.09.2022 31.03.2023
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
I. Revenue from operations 8310.04 7917.41 6820.16 16227.45 13333.81 29140.61
II. Other income 119.98 142.45 100.83 262.43 116.86 393.34
Total Income 8430.02 8059.86 6920.99 16489.88 13450.67 29533.95
2 Expenses
I. Cost of Material consumed 2666.16 2683.27 1999.21 5349.43 3899.11 9660.49
II. Purchase of stock-in-trade 687.43 515.60 347.52 1203.03 762.52 1878.80
III. Changes in Inventories of finished goods,
69.94 31.18 299.04 101.12 389.71 51.07
work-in-progress and stock-in-trade
IV. Manufacturing & Operating Costs 295.99 282.27 259.32 578.26 467.99 962.02
V. Employee benefits expense 1404.93 1458.93 1280.38 2863.86 2441.90 4996.52
VI. Finance costs 27.49 18.46 26.01 45.95 41.63 130.81
VII. Depreciation and amortization expense 334.70 389.11 371.87 723.81 733.17 1491.33
VIII. Other expenses 1102.64 916.56 871.54 2019.20 1831.65 4142.40
Total Expenses 6589.28 6295.38 5454.89 12884.66 10567.68 23313.44
3 Profit before Exceptional Items & Tax(1 - 2) 1840.74 1764.48 1466.10 3605.22 2882.99 6220.51
4 Exceptional Items (0.42) (0.08) (4.31) (0.50) (19.92) (19.96)
5 Profit/(Loss) before taxation (3 - 4) 1841.16 1764.56 1470.41 3605.72 2902.91 6240.47
6 Tax Expense :
I. Current Tax 390.00 376.00 342.81 766.00 607.81 1126.51
II. Deferred Tax (3.19) (25.81) (12.31) (29.00) (33.00) (79.42)
Total Tax Expense 386.81 350.19 330.50 737.00 574.81 1047.09
7 Profit for the period from continuing operations (5 - 6) 1454.35 1414.37 1139.91 2868.72 2328.10 5193.38
8 Other Comprehensive Income
A. Items that will not be reclassified to profit or loss
A(I). Remeasurements of net defined benefits plans - - (96.05) - (96.05) (231.48)
A(II). Equity Instruments through OCI 1382.71 1,083.61 610.24 2466.32 (256.54) 0.19
(III) Income tax relating above items - - 16.81 - 16.81 40.51
Total Other Comprehensive Income 1,382.71 1,083.61 531.00 2,466.32 (335.78) (190.78)
9 Total Comprehensive Income for the period(7 + 8) 2837.06 2497.98 1670.91 5335.04 1992.32 5002.60
10 Paid up Equity share capital 1599.42 1633.17 1633.17 1599.42 1633.17 1633.17
(Face value Rs. 10/-per share)
11 Earnings per equity share of (Rs. ) 10 each :
Basic (Rs. ) * 8.94 8.66 6.98 17.60 14.26 31.80
Diluted (Rs.) * 8.94 8.66 6.98 17.60 14.26 31.80
*Not Annualised excluding Year End
CONTROL PRINT LIMITED

STANDALONE BALANCE SHEET AS AT SEPT 30, 2023 ₹ in Lakhs

Particulars As at Sept 30, 2023 As at Mar 31, 2023
I. ASSETS
1. Non-Current Assets
(a) Property, Plant and Equipment 10,826.62 10,700.23
(b) Capital Work-in-Progress Tangible 704.05 584.52
(c) Goodwill - -
(d) Other Intangible Assets 38.96 41.36
(e) Intangible Assets under Development 146.58 75.94
(f) Financial Assets
(i) Investments 2,056.88 2,041.88
(ii) Loans 133.53 107.34
(iii) Other Non-Current Financial Assets 94.02 86.81
(g) Other Non-Current Assets 82.44 24.68
14,083.08 13,662.76
2. Current Assets
(a) Inventories 7,813.83 7,105.16
(b) Financial Assets
(i) Investments 6,206.85 5,200.69
(ii) Trade Receivables 7,326.88 7,334.91
(iii) Cash and Cash Equivalents 506.25 1,063.45
(iv) Bank Balances other than Cash And Cash
493.19 488.92
Equivalents
(v) Current Loans 36.34 16.06
(vi) Other Current Financial Assets 1,054.95 943.42
(c) Current Tax Assets (Net) - 17.98
(d) Other Current Assets 1,156.79 1,277.05
24,595.08 23,447.64
TOTAL ASSETS 38,678.16 37,110.40

II. EQUITY AND LIABILITIES

EQUITY
(a) Equity Share Capital 1,599.42 1,633.17
(b) Other Equity 29,292.07 28,043.36
30,891.49 29,676.53
LIABILITIES
1 Non-Current Liabilities
(a) Financial Liabilities
(i) Borrowings - -
(i) Lease Liabilities 374.30 299.87
(b) Provisions 762.41 762.41
(c) Deferred Tax Liabilities (Net) 783.68 833.84
(d) Other Non Current Liabilities 64.48 69.77

2. Current Liabilities
(a) Financial Liabilities
(i) Borrowings - -
(ia) Lease Liabilities 115.38 112.43
(ii) Trade Payables 2,257.07 2,003.14
(a) Total Outstanding Dues of Micro & Small
168.46 196.38
Enterprises
(b) Total Outstanding Dues of Creditors
2,088.61 1,806.76
other than Micro & Small Enterprises
(iii) Other Financial Liabilities 1,818.31 1,987.19
(b) Other Current Liabilites 658.61 698.68
(c) Provisions 770.43 666.54
(d) Current Tax Liabilities (Net) 182.00 -
7,786.67 7,433.87
TOTAL EQUITY AND LIABILITIES 38,678.16 37,110.40

For and on behalf of Board of Directors

Control Print Limited

Basant Kabra
Place: Mumbai Managing Director
Date: 21-Oct-2023 DIN: 00176807
STANDALONE CASH FLOW STATEMENT FOR THE PERIOD ENDED SEPTEMBER 30, 2023 ₹ in Lakhs
Period Ended Year Ended
30th Sept 2023 31st Mar 2023
A. CASH FLOW FROM OPERATING ACTIVITIES:
Net Profit before tax as per Statement of Profit and Loss 3,605.72 6,240.47
Adjusted for :
Other Comprehensive Income - (231.48)
Depreciation and Amortisation (Net) 723.81 1,491.33
Profit/Loss of Sale of Property, Plant and Equipments (Net) - (0.76)
Net Gain on sale / Fair Valuation of Investments through Profit & Losss (0.50) (19.96)
Provision for Warranties (51.16) 78.14
Finance Costs 45.95 130.81
Dividend Income (149.21) (275.08)
Interest Income (46.85) (13.67)
Corporate Social Responsibility Expenses 48.82 82.64
Foreign Exchange Fluctuation (56.61) (93.21)
Transfer from/to Exchange Fluctuation Translation Reserve (6.95) 7.87
Profit on sales of Right to Use Assets (4.43) -
Operating Profit before Working Capital Changes 4,108.59 7,397.10
(Increase)/Decrease in Trade Receivables 8.03 (1,019.41)
(Increase)/Decrease in Inventories (708.67) (562.10)
(Increase)/Decrease in Other Current Assets 120.26 (212.10)
(Increase)/Decrease in Other Financial Assets, Current (131.81) (26.49)
(Increase)/Decrease in Other Financial Assets, Non Current (33.40) 288.99
Increase/(Decrease )in Trade Paybles 253.93 343.28
Increase/(Decrease) in Other Current Liabilities Excluding Lease Liabilities (40.07) (10.57)
Increase/(Decrease) in Other Non Current Liabilities Excluding Lease Liabilities (5.29) 376.21
Increase/(Decrease) in Other Financial Liabilities, Current (168.88) -
Increase/(Decrease) in Current Provision 155.05 23.75
Increase/(Decrease) in Non Current Provision - 197.22
Cash Generated from Operations 3,557.74 6,795.88
Coporate Social Responsibility Expenses (48.82) (82.64)
Income Tax Paid (565.42) (1,085.20)
Net Cash from Operating Activities (Total – A) 2,943.51 5,628.04

B. CASH FLOW FROM INVESTING ACTIVITIES:

(Purchase)/Sale of Fixed Assets ( Net) excluding Lease Assets (901.95) (1,805.42)
(Purchase) / Sale of Investments (Net) 1,445.63 (2,528.66)
Capital Advances/ Pre operative expenses (57.76) (1.21)
Foreign Exchange Fluctuation 56.61 93.21
Interest received 46.85 13.67
Dividend received 149.21 275.08
Net Cash (Used in) Investing Activities (Total – B) 738.59 (3,953.33)

C. CASH FLOW IN FINANCING ACTIVITIES:

Dividend Paid (816.59) (1,469.86)
Buy back of shares (337500 @800/- per share) (2,700.00) -
Tax on Buy Back of Shares (568.54) -
Buy Back Expenses (49.25) -
Finance Costs (18.75) (77.64)
Lease Rent Payment (81.41) (172.62)
Net Cash (Used in)/ from Financing Activities (Total – C) (4,234.54) (1,720.11)

Net Increase/Decrease in Cash and Cash Equivalents ( A+B+C) (552.45) (45.41)

Cash and Cash Equivalents as at the the beginning of the year 1,553.66 1,599.07
Cash and Cash Equivalents as at Close of the year of the year (Refer note) 1,001.22 1,553.66
0.00 0.00
Notes:
1 The Cash flow statement has been prepared under the Indirect method as set out in the Indian Accounting Standard ( Ind AS 7)
Statement of Cash Flow

2. Cash and Cash Equivalents Comprise of :

Cash and cash equivalents 506.25 1,063.45
Bank Balances Other Than Cash And Cash Equivalents 493.19 488.92
Investment in Liquid Fund 1.78 1.29
1,001.22 1,553.66

For and On behalf of the Board of Directors

Control Print Limited

Basant Kabra
Place: Mumbai Managing Director
Date: 21-Oct-2023 DIN 00176807
 CONTROL PRINT LIMITED
(CIN: L22219MH1991PLC059800)
Regd. Off: C-106, Hind Saurashtra Industrial Estate, Andheri-Kurla Road, Marol Naka,Andheri (East), Mumbai – 400 059.
Ph.No.: 022-28599065, 66938900
Website: www.controlprint.com Email: [email protected]

STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2023

(Rs. in Lakhs Except EPS)

Sr No. Particulars Quarter Ended Half Year Ended Year Ended
30.09.2023 30.06.2023 30.09.2022 30.09.2023 30.09.2022 31.03.2023
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
I. Revenue from operations 8643.14 8360.88 7154.72 17004.02 13776.81 30429.24
II. Other income 117.31 139.57 101.06 256.88 117.11 385.92
Total Income 8760.45 8500.45 7255.78 17260.90 13893.92 30815.16
2 Expenses
I. Cost of Material consumed 2767.97 2434.91 2198.48 5202.88 4149.26 10397.96
II. Purchase of stock-in-trade 771.61 578.18 665.38 1349.79 1080.38 2169.18
III. Changes in Inventories of finished goods,
40.81 410.12 (48.22) 26.68 (448.36)
work-in-progress and stock-in-trade 450.93
IV. Manufacturing & Operating Costs 296.85 282.66 256.61 579.51 469.29 963.69
V. Employee benefits expense 1534.39 1583.99 1381.09 3118.38 2585.82 5375.11
VI. Finance costs 30.24 21.57 30.17 51.81 46.13 141.54
VII. Depreciation and amortization expense 336.72 391.65 373.74 728.37 736.88 1510.62
VIII. Other expenses 1183.71 999.45 929.21 2183.16 1908.97 4368.38
Total Expenses 6962.30 6702.53 5786.46 13664.83 11003.41 24478.12
3 Profit before Exceptional Items & Tax(1 - 2) 1798.15 1797.92 1469.32 3596.07 2890.51 6337.04
4 Exceptional Items (0.42) (0.08) (4.31) (0.50) (19.92) (19.96)
5 Profit/(Loss) before taxation (3 - 4) 1798.57 1798.00 1473.63 3596.57 2910.43 6357.00
6 Tax Expense :
I. Current Tax 390.00 376.00 342.81 766.00 607.81 1151.41
II. Deferred Tax (3.26) (25.93) (12.36) (29.19) (33.05) (79.58)
Total Tax Expense 386.74 350.07 330.45 736.81 574.76 1071.83
7 Profit for the period from continuing operations (5 - 6) 1411.83 1447.93 1143.18 2859.76 2335.67 5285.17
8 Other Comprehensive Income
A. Items that will not be reclassified to profit or loss
A(I). Remeasurements of net defined benefits plans - - (96.05) - (96.05) (231.48)
A(II). Equity Instruments through OCI 1382.71 1,083.61 610.24 2466.32 (256.54) 0.19
(III) Income tax relating above items - - 16.81 - 16.81 40.51
Total Other Comprehensive Income 1,382.71 1,083.61 531.00 2,466.32 (335.78) (190.78)
9 Total Comprehensive Income for the period(7 + 8) 2794.54 2531.54 1674.18 5326.08 1999.89 5094.39

10 Total Comprehensive Incense/(loss) attributable to :

- Owners 2820.63 2504.35 1670.70 5324.98 1995.52 5065.91
- Non-controlling interests (26.09) 27.19 3.48 1.10 4.37 28.48
2794.54 2531.54 1674.18 5326.08 1999.89 5094.39
10 Paid up Equity share capital 1599.42 1633.17 1633.17 1599.42 1633.17 1633.17
(Face value Rs. 10/-per share)
11 Earnings per equity share of (Rs. ) 10 each :
Basic (Rs. ) * 8.68 8.87 7.00 17.55 14.30 32.36
Diluted (Rs.) * 8.68 8.87 7.00 17.55 14.30 32.36
*Not Annualised excluding Year End
CONTROL PRINT LIMITED

CONSOLIDATED BALANCE SHEET AS AT SEPT 30, 2023 ₹ in Lakhs

Particulars As at Sept 30, 2023 As at Mar 31, 2023
I. ASSETS
1. Non-Current Assets
(a) Property, Plant and Equipment 11,054.42 10,933.63
(b) Capital Work-in-Progress Tangible 824.90 705.37
(c) Goodwill 1,021.69 1,021.69
(d) Other Intangible Assets 70.46 73.05
(e) Intangible Assets under Development 146.58 75.93
(f) Financial Assets
(i) Investments 75.96 75.96
(ii) Loans 56.48 30.36
(iii) Other Non-Current Financial Assets 111.99 94.74
(g) Other Non-Current Assets 86.00 97.18
13,448.48 13,107.91
2. Current Assets
(a) Inventories 8,353.49 7,667.29
(b) Financial Assets
(i) Investments 6,206.85 5,200.69
(ii) Trade Receivables 7,429.37 7,457.30
(iii) Cash and Cash Equivalents 696.73 1,211.41
(iv) Bank Balances other than Cash And Cash
493.21 488.92
Equivalents
(v) Current Loans 36.34 16.06
(vi) Other Current Financial Assets 1,058.77 951.24
(c) Current Tax Assets (Net) - 16.07
(d) Other Current Assets 1,247.58 1,286.50
25,522.34 24,295.48
TOTAL ASSETS 38,970.82 37,403.39

II. EQUITY AND LIABILITIES

EQUITY
(a) Equity Share Capital 1,599.42 1,633.17
(b) Other Equity 28,993.27 27,764.28
(c) Non Controlling Interest 132.75 130.81
30,725.44 29,528.26
LIABILITIES
1 Non-Current Liabilities
(a) Financial Liabilities
(i) Borrowings - -
(i) Lease Liabilities 374.30 302.37
(b) Provisions 762.41 762.41
(c) Deferred Tax Liabilities (Net) 784.37 834.72
(d) Other Non Current Liabilities 132.01 137.30

2. Current Liabilities
(a) Financial Liabilities
(i) Borrowings 129.70 136.85
(ia) Lease Liabilities 115.38 114.58
(ii) Trade Payables 2,360.65 2,154.71
(a) Total Outstanding Dues of Micro & Small
200.78 214.96
Enterprises
(b) Total Outstanding Dues of Creditors
2,159.87 1,939.75
other than Micro & Small Enterprises
(iii) Other Financial Liabilities 1,873.79 2,030.43
(b) Other Current Liabilites 769.67 735.22
(c) Provisions 770.43 666.54
(d) Current Tax Liabilities (Net) 172.67 -
8,245.38 7,875.13
TOTAL EQUITY AND LIABILITIES 38,970.82 37,403.39

For and on behalf of Board of Directors

Control Print Limited

Basant Kabra
Place: Mumbai Managing Director
Date: 21-Oct-2023 DIN: 00176807
CONSOLIDATED CASH FLOW STATEMENT FOR THE PERIOD ENDED SEPTEMBER 30, 2023
Period Ended Year Ended
30th Sept 2023 31st Mar 2023
A. CASH FLOW FROM OPERATING ACTIVITIES:
Net Profit before tax as per Statement of Profit and Loss 3,596.57 6,357.00
Adjusted for :
Other Comprehensive Income - (231.48)
Depreciation and Amortisation (Net) 728.37 1,510.62
Profit/Loss of Sale of Property, Plant and Equipments (Net) - (0.77)
Net Gain on sale / Fair Valuation of Investments through Profit & Losss (0.50) (19.96)
Provision for Warranties (51.16) 78.14
Finance Costs 51.81 141.54
Dividend Income (149.21) (275.08)
Interest Income (47.06) (13.84)
Corporate Social Responsibility Expenses 48.82 82.64
Foreign Exchange Fluctuation (50.85) (82.16)
Transfer from/to Exchange Fluctuation Translation Reserve (35.26) 36.65
Profit on sales of Right to Use Assets (4.43) -
Operating Profit before Working Capital Changes 4,087.10 7,583.30
(Increase)/Decrease in Trade Receivables 27.93 (1,182.30)
(Increase)/Decrease in Inventories (686.20) (1,054.11)
(Increase)/Decrease in Other Current Assets 38.92 (217.55)
(Increase)/Decrease in Other Financial Assets, Current (127.81) 219.04
(Increase)/Decrease in Other Financial Assets, Non Current (43.37) (23.01)
Increase/(Decrease )in Trade Paybles 205.94 480.46
Increase/(Decrease) in Other Current Liabilities Excluding Lease Liabilities 34.45 159.14
Increase/(Decrease) in Other Non Current Liabilities Excluding Lease Liabilities (5.29) (10.57)
Increase/(Decrease) in Other Financial Liabilities, Non Current (105.48) 268.34
Increase/(Decrease) in Current Provision 103.89 101.89
Increase/(Decrease) in Non Current Provision - 197.22
Cash Generated from Operations 3,530.08 6,521.85
Coporate Social Responsibility Expenses (48.82) (82.64)
Income Tax Paid (553.71) (1,110.90)
Net Cash from Operating Activities (Total – A) 2,927.54 5,328.31

B. CASH FLOW FROM INVESTING ACTIVITIES:

(Purchase)/Sale of Fixed Assets ( Net) excluding Lease Assets (901.10) (2,722.65)
(Purchase) / Sale of Investments (Net) 1,445.63 (1,273.88)
Capital Advances/ Pre operative expenses 11.18 (1.21)
Foreign Exchange Fluctuation 50.85 82.16
Interest received 47.06 13.84
Dividend received 149.21 275.08
Net Cash (Used in) Investing Activities (Total – B) 802.83 (3,626.66)

C. CASH FLOW IN FINANCING ACTIVITIES:

Dividend Paid (816.59) (1,469.86)
Buy back of shares (337500 @800/- per share) (2,700.00) -
Tax on Buy Back of Shares (568.54) -
Buy Back Expenses (49.25) -
Finance Costs (24.49) (87.77)
Lease Rent Payment (81.41) (174.51)
Net Cash (Used in)/ from Financing Activities (Total – C) (4,240.28) (1,732.14)

Net Increase/Decrease in Cash and Cash Equivalents ( A+B+C) (509.91) 93.21

Cash and Cash Equivalents as at the the beginning of the year 1,701.62 1,608.41
Cash and Cash Equivalents as at Close of the year of the year (Refer note) 1,191.71 1,701.62

Notes:
1 The Cash flow statement has been prepared under the Indirect method as set out in the Indian Accounting Standard ( Ind AS 7)
Statement of Cash Flow.

2. Cash and Cash Equivalents Comprise of :

Cash and cash equivalents 696.73 1,211.41
Bank Balances Other Than Cash And Cash Equivalents 493.21 488.92
Investment in Liquid Fund 1.78 1.29
1,191.72 1,701.62

For and On behalf of the Board of Directors

Control Print Limited

Basant Kabra
Place: Mumbai Managing Director
Date: 21-Oct-2023 DIN 00176807
 CONTROL PRINT LIMITED
(CIN: L22219MH1991PLC059800)
Regd. Off: C-106, Hind Saurashtra Industrial Estate, Andheri-Kurla Road,
Marol Naka, Andheri (East), Mumbai - 400 059 Contact No.: 022-28599065, 66938900
Website: www.controlprint.com Email: [email protected]

Notes:

1. The Standalone and Consolidated financial results of the company for the quarter and half year
ended September 30, 2023, were reviewed by the Audit committee and approved by the Board of
Directors in their respective meetings held on October 21, 2023. The Statutory Auditors have carried
out limited review of the same and expressed an unmodified review report on these financial results.

2. The Statement has been prepared in accordance with the Indian Accounting Standard (Ind AS)
notified under section133 of the Companies Act, 2013 read with rule 3 of the Companies (Indian
Accounting Standard) Rules, 2015 and other relevant provisions of the Act.

3. The Company has single reportable segment namely Coding & Marking Applications for the purpose
of Ind AS on segment reporting.

4. The Board of Directors vide their meeting dated 31-Jul-2023, approved the buy-back of 3,37,500
fully paid-up equity shares of Rs. 10/- each at a price of Rs. 800/- per equity share for an aggregate
consideration not exceeding Rs. 2,700/- Lakhs (excluding transactions costs, applicable taxes and
other incidental and related expenses). The Company concluded the aforesaid buyback during the
quarter ended 30th Sept 2023. The shares so bought back were extinguished and Issued,
Subscribed & Paid-up Equity Share Capital and Other Equity of the Company stands amended
accordingly. Further, the Company has incurred buy back expenses of Rs. 49.25 Lakhs and paid
Rs. 568.54 Lakhs as tax on distributed income u/s 115QA of the Income Tax Act, 1961.

5. Previous period/year’s figure have been regrouped and/or rearranged whenever considered
necessary to confirm to current period/year’s classification.

For and on behalf of Board of Directors

Control Print Limited

Place: Mumbai Basant Kabra

Date: 21-Oct-2023 Managing Director
DIN: 00176807
Independent Auditor’s Review Report on Quarterly Unaudited Standalone Financial Results of
the Company Pursuant to the Regulations 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (as amended)
Review Report to The Board of Directors,
Control Print Limited
We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of
Control Print Limited for the quarter ended September 30, 2023 ('the Statement'). This statement is
the responsibility of the Company’s Management and has been approved by the Board of Directors.
Our responsibility is to issue a report on this financial statement based on our review.
We conducted our review of the statement in accordance with the Standard on Review Engagements
(SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the
Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we
plan and perform the review to obtain moderate assurance as to whether the financial statements are
free of material misstatement. A review is limited primarily to inquiries of company personnel and
analytical procedures applied to financial data and thus provide less assurance than an audit. We
have not performed an audit and accordingly, we do not express an audit opinion .
Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited financial results prepared in accordance with the
applicable accounting standards and other recognized accounting practices and policies has not
disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 as amended including the manner in
which it is to be disclosed, or that it contains any material misstatement.

Other Matters
We did not review the Interim Financial results of Sri Lanka Branch as on September 30, 2023
included in the unaudited standalone financial results, whose interim financial results reflect total
revenues of Rs. 3.68 Lakhs, total net loss after tax of Rs. (22.81) Lakhs and total comprehensive Loss
of Rs. (22.81) Lakhs for the quarter ended 30 September 2023 as considered in the statement. These
interim financial results have been reviewed by the other auditor whose reports have been furnished to
us by the Management and our conclusion on the statement, in so far as it relates to the amounts and
disclosures included in respect of this branch is based solely on the report of the other auditor
submitted to us.
Our conclusion on the statement is not modified in respect of this matter.

For Jhawar Mantri & Associates

Chartered Accountants
Firm Registration No.: 113221W

Naresh Jhawar
Partner
Membership No: 045145
UDIN: 23045145BGUYIU9744
Place: Mumbai
Date: October 21, 2023
Independent Auditor’s Review Report on Quarterly Unaudited Consolidated Financial
Results of the Company Pursuant to the Regulations 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (as amended)
Review Report to The Board of Directors,
Control Print Limited
We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of
Control Print Limited ('hereinafter referred to as 'the Holding Company') and its subsidiaries (the
Holding Company and its subsidiaries together referred to as "the Group") for the quarter ended
September 30, 2023 ('the Statement'), being submitted by the Holding Company pursuant to the
requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended.

This Statement, which is the responsibility of the Holding Company's Management and has been
approved by the Holding Company's Board of Directors, has been prepared in accordance with the
recognition and measurement principles laid down in Indian Accounting Standard 34,"Interim
Financial Reporting" ("Ind AS 34") prescribed under Section 133 of the Companies Act, 2013 as
amended, read with relevant rules issued thereunder and other accounting principles generally
accepted in India. Our responsibility is to express a conclusion on the Statement based on our
review.

We conducted our review of the statement in accordance with the Standard on Review
Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent
Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of
interim financial information consists of making inquiries, primarily of persons responsible for
financial and accounting matters, and applying analytical and other review procedures. A review is
substantially less in scope than an audit conducted in accordance with Standard on Auditing and
consequently does not enable us to obtain assurance that we would become aware of all significant
matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the SEBI Circular CIR/CFD/CMD1/44/2019

dated March 29, 2019, issued by the Securities and Exchange Board of India under Regulation
33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as
amended, to the extent applicable.
The Statement includes results of the following entities:

Name of the Entity Relationship

Liberty Chemicals Private Limited Wholly Owned Indian Subsidiary
Innovative Codes (I) Private Limited 80% Owned Indian Subsidiary
Control Print B.V. Wholly Owned Foreign Subsidiary
Mark Print B.V. Step-down Foreign Subsidiary
(75% Owned by Control Print B.V)
Control Print Packaging Private Limited Wholly Owned Indian Subsidiary
 We did not review the Interim Financial results of Sri Lanka Branch as on September 30, 2023
included in the unaudited standalone financial results, whose interim financial results reflect total
revenues of Rs. 3.68 Lakhs, total net loss after tax of Rs. (22.81) Lakhs and total comprehensive
Loss of Rs. (22.81) Lakhs for the quarter ended 30 September 2023 as considered in the statement.
These interim financial results have been reviewed by the other auditor whose reports have been
furnished to us by the Management and our conclusion on the statement, in so far as it relates to the
amounts and disclosures included in respect of this branch is based solely on the report of the other
auditor submitted to us.

We did not review the financial results of the wholly owned foreign subsidiary and step-down
subsidiary included in the consolidated financial results, whose financial results reflect total revenue
of Rs. 151.68 Lakhs, total net Loss after tax of Rs. (25.04) Lakhs and total comprehensive Loss of
Rs. (25.04) Lakhs for the quarter ended September 30, 2023, as considered in the statement. These
financial results have been certified by the Company’s Management and furnished to us, and our
opinion, in so far as it relates to the amount and disclosures included in respect of the said
subsidiaries is also based solely on these certified financial results.

We did not review the financial results of the Subsidiary Company - Innovative Codes (I) Private
Limited, whose financial results reflect total revenue of Rs. 181.40 Lakhs, total net Loss after tax of
Rs. (11.17) Lakhs and total comprehensive Loss of Rs. (11.17) Lakhs for the quarter ended
September 30, 2023, as considered in the statement. These financial results have been reviewed by
other auditor whose review report has been furnished to us by the Holding Company’s management
and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included
in respect of the subsidiary is based solely on the report of the other auditor.

Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing
has come to our attention that causes us to believe that the accompanying statement, prepared in
accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed
under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued
thereunder and other accounting principles generally accepted in India, has not disclosed the
information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be
disclosed, or that it contains any material misstatement.

For Jhawar Mantri& Associates

Chartered Accountants
Firm Registration No.: 113221W

Naresh Jhawar
Partner
Membership No: 045145
UDIN: 23045145BGUYIV6193

Place: Mumbai
Date: October 21, 2023