Control Print: A Monopoly in India
In October of 2021, I was looking at different monopoly/duopoly stocks. Among them were certain common names like IRCTC, IEX, CDSL, BSE, CAMS, etc. which everyone would have heard about and would be investing in them. But I found a new name “Control Print Ltd.” Control Print Ltd is involved in development, research, manufacturing, and marketing of printing machines, spare parts, consumables (fluids) and associated services. The sector they are present in is Coding and Marking Solutions. Their product portfolio involves Continuous InkJet, Thermal Inkjet, High Resolution, Large Character, Thermal Transfer, Laser Printer, Hot Roll Coder & their Consumables. The company is the only ‘Make in India’ company & is in the top four players in India commanding nearly 19% market share of the 1800-2000 cr. coding and marking solutions Indian market. Market share increased from 18.5% to 19% in 6 months. This will help in increasing consumables sales. Market share breakdown: 65% industria