CCL Products (India) Ltd logo

CCL Products (India) Ltd

CCL NSE

Key Fundamentals

SmallcapTea & CoffeeConsumer Goods
Market Cap
₹15,162 Cr
Volatility
Moderate
P/E Ratio
35.01
EBITDA
₹733 Cr
Return on Equity
15.78%
Debt to Equity
0.56
Book Value
₹175.59
EPS
₹19.53
52W High
₹1,242.2
52W Low
₹815.5

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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49 extracted metrics + investor summaries across FY08–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

3
  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 21.8%

Weaknesses

1
  • Stock is trading at 6.44 times its book value

Growth Rate

Revenue Growth
43.13% ↗
Net Income Growth
27.59% ↗
Cash Flow Change
423.09% ↗
ROE
5.62% ↗
ROCE
13.98% ↗
EBITDA Margin (Avg.)
-9.34% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 16h ago
AI opinion · based on fundamentals
Risk medium

CCL Products (India) Ltd is a mid-cap instant coffee processor with a market cap of ₹15,122 Cr, trading at a P/E of 35.1x and P/B of 6.47x. The company has delivered strong compounded sales growth of 29% over 5 years with consistent ROE of 18%, while its debt-to-equity ratio has improved from 0.92 to 0.5 in recent quarters.

Bull Case 8
  • TTM revenue growth of 36% demonstrates strong topline momentum, significantly above the 10-year sales CAGR of 17%
  • Consistent ROE of 18% maintained over 1-year, 3-year, 5-year, and 10-year periods indicates capital-efficient compounding
  • Debt-to-equity improved to 0.5 from 0.92, with net debt-to-EBITDA declining from 3.1x to 1.45x, indicating significant deleveraging
  • TTM profit growth of 39% outpaces both 5-year profit CAGR of 16% and 10-year CAGR of 12%, showing margin expansion
  • Global capacity of 77,000 tons serving 90+ countries with 7-8% share of the global instant coffee export market provides a wide moat
  • Stock CAGR of 32% over 1 year and 24% over 5 years reflects sustained re-rating as the business scales
  • Healthy dividend payout of 21.8% maintained alongside high reinvestment needs, balancing shareholder returns with growth
  • Promoter holding stable at ~46.1% across recent quarters signals alignment of interest with minority shareholders
Bear Case 7
  • P/B ratio of 6.47x is elevated for a manufacturing business, implying market already prices in significant future growth
  • P/E of 35.1x versus 10-year profit CAGR of only 12% results in a PEG ratio above 2.9x, suggesting stretched valuations
  • No new capacity expansions planned for the next 3-4 years could limit volume growth upside beyond existing utilization ramp-up
  • 3-year compounded profit growth of only 11% lags the 3-year sales CAGR of 29%, indicating periods of margin compression
  • Dividend yield of just 0.51% offers limited income cushion in a market correction scenario
  • Exposure to volatile global coffee commodity prices creates input cost risk that a cost-plus model may not fully pass through in all quarters
  • Operating profit margins have fluctuated between 15% and 17.6% over recent years, showing limited pricing power in a B2B-heavy model

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 16h ago
Positives 1
  • Strong Q1FY27 profit, dividend declared Jul 27

    CCL Products reported consolidated net profit of ₹116.87 crore for Q1FY27 and declared a final dividend of ₹3 per share. The 65th AGM is scheduled for September 8, 2026.

Neutral 2
  • Investor conference participation Aug 10 Aug 5

    CCL Products will participate in Nirmal Bang's Semi-Annual Investor Conference in Mumbai on August 10, 2026, for group and one-on-one meetings.

  • Q1FY27 earnings call conducted Jul 28

    Management hosted the Q1FY27 earnings conference call on July 28, 2026, at 10:00 AM IST. Audio recording uploaded to the company website per SEBI regulations.

TL;DR: CCL Products delivered a solid Q1FY27 with ₹116.87 crore consolidated net profit and rewarded shareholders with a ₹3 per share dividend. No visible headwinds emerged in the recent news cycle. Management is actively engaging investors through conferences and earnings calls, signalling confidence. The near-term outlook appears stable with the AGM on September 8 as the next key event to watch.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
655
608
664
727
773
738
758
836
1,056
1,127
1,051
1,224
1,200
Expenses
549
498
554
609
643
601
634
673
897
930
866
1,033
1,007
Operating Profit
106
110
111
118
130
137
124
163
159
197
185
192
194
OPM %
16%
18%
17%
16%
17%
19%
16%
20%
15%
18%
18%
16%
16%
Other Income
0
1
1
4
1
1
3
4
2
1
3
2
3
Interest
15
18
23
21
21
27
31
34
34
33
32
30
29
Depreciation
22
23
22
31
23
24
25
27
34
39
39
40
39
PBT
69
70
67
70
87
87
72
106
94
127
116
123
129
Tax %
13%
13%
5%
7%
18%
15%
12%
4%
23%
21%
14%
7%
9%
Net Profit
61
61
63
65
71
74
63
102
72
101
100
115
117
EPS in Rs
4.56
4.57
4.76
4.88
5.35
5.54
4.72
7.63
5.43
7.55
7.51
8.58
8.75
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
881
932
976
1,138
1,081
1,139
1,242
1,462
2,071
2,654
3,106
4,457
4,602
Expenses
709
727
744
899
836
853
945
1,131
1,671
2,208
2,551
3,724
3,835
Operating Profit
171
205
232
239
245
286
298
331
400
445
555
733
767
OPM %
19%
22%
24%
21%
23%
25%
24%
23%
19%
17%
18%
16%
17%
Other Income
3
1
1
5
3
4
3
4
3
6
8
8
9
Interest
14
11
11
8
8
18
17
16
34
78
113
129
124
Depreciation
27
28
33
34
32
47
49
57
64
98
98
152
157
PBT
134
167
189
202
209
225
235
261
305
276
352
461
496
Tax %
30%
27%
29%
27%
26%
26%
22%
22%
7%
9%
12%
16%
—
Net Profit
94
122
135
148
155
166
182
204
284
250
310
388
433
EPS in Rs
7.06
9.18
10.12
11.14
11.64
12.47
13.7
15.36
21.35
18.73
23.24
29.07
32.39
Div. Payout %
21%
27%
25%
22%
30%
40%
29%
33%
26%
24%
22%
20%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
27
27
27
27
27
27
27
27
27
27
27
27
Reserves
395
483
602
713
812
902
1,061
1,224
1,471
1,647
1,941
2,318
Borrowings
229
210
142
311
416
469
559
655
920
1,622
1,815
1,324
Other Liabilities
111
81
78
83
166
112
142
164
180
240
459
657
Total Liabilities
762
801
848
1,134
1,422
1,509
1,788
2,070
2,597
3,536
4,241
4,326
Fixed Assets
340
417
393
371
383
724
798
882
1,257
1,252
1,622
2,027
CWIP
53
0
0
226
424
100
149
160
54
501
450
3
Investments
2
2
2
1
1
1
0
0
0
0
0
3
Other Assets
367
382
453
535
613
684
841
1,028
1,286
1,783
2,169
2,293
Total Assets
762
801
848
1,134
1,422
1,509
1,788
2,070
2,597
3,536
4,241
4,326
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
105
161
102
145
162
91
171
116
173
55
290
858
Investing
-19
-87
-20
-247
-175
-88
-153
-192
-307
-527
-415
-70
Financing
-93
-82
-84
129
42
-37
64
9
164
559
53
-757
Net Cash Flow
-8
-8
-2
27
29
-35
82
-67
30
86
-72
32
Free Cash Flow
84
74
84
-78
-80
2
16
-74
-159
-458
-128
788
CFO/OP
86
97
67
84
89
50
66
47
52
19
57
124
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
47
50
61
58
79
86
88
80
78
68
81
67
Inventory Days
116
99
121
97
123
170
198
262
187
185
208
131
Days Payable
29
8
8
5
35
16
13
23
24
23
44
32
Cash Conversion Cycle
134
142
174
150
168
240
272
319
241
230
246
166
Working Capital Days
45
37
81
89
43
103
59
77
58
40
42
41
ROCE %
23%
26%
27%
23%
19%
18%
17%
16%
16%
12%
13%
16%

Shareholding Pattern

As of Jun 2026
Promoters 46.14%
DIIs 21.11%
FIIs 12.07%
Others 10.87%
Public 9.81%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
46.19%
46.19%
46.19%
46.20%
46.26%
46.26%
46.26%
46.26%
46.26%
46.26%
46.26%
46.26%
46.26%
46.09%
46.09%
46.09%
46.09%
46.09%
46.11%
46.11%
46.11%
46.14%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
7.77%
8.12%
9.76%
10.17%
10.13%
10.20%
10.65%
10.53%
11.01%
11.24%
12.07%
DIIs
11.98%
14.66%
15.75%
16.45%
18.55%
21.24%
20.81%
21.81%
21.05%
20.06%
21.39%
21.44%
21.74%
20.57%
21.01%
21.05%
20.88%
21.20%
21.83%
21.53%
21.43%
21.11%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
14.84%
14.84%
15.42%
14.72%
14.74%
14.35%
13.07%
13.24%
13.73%
13.71%
13.31%
13.04%
12.65%
12.35%
11.48%
11.35%
11.27%
10.63%
10.28%
10.16%
10.03%
9.81%
Others
26.99%
24.30%
22.64%
22.63%
20.45%
18.15%
19.86%
18.69%
18.95%
19.97%
19.04%
11.49%
11.23%
11.23%
11.25%
11.37%
11.55%
11.43%
11.25%
11.19%
11.19%
10.87%
No. of Shareholders
38,188
42,717
63,301
63,444
67,717
61,483
51,508
53,541
57,394
60,918
64,003
61,202
55,495
58,890
53,645
52,651
52,970
54,988
55,690
60,552
62,293
63,904

Documents

Frequently Asked Questions about CCL Products (India) Ltd

What does CCL Products (India) Ltd do?
CCL Products (India) is engaged in the production, trading and distribution of Coffee. The Company has business operations mainly in India, Vietnam and Switzerland countries.(Source : 202003 Annual Report Page No:119)
Where is CCL Products (India) Ltd (CCL) listed?
CCL Products (India) Ltd is listed on the Indian stock exchanges. It is listed on NSE: CCL and BSE: 519600. You can view its live share price, financials, and ratios on Tapetide.
Which sector does CCL Products (India) Ltd belong to?
CCL Products (India) Ltd operates in the Consumer Goods sector within the Tea & Coffee industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of CCL Products (India) Ltd?
CCL Products (India) Ltd has a market capitalisation of approximately ₹15162.10 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of CCL Products (India) Ltd?
The Price-to-Earnings (PE) ratio of CCL Products (India) Ltd is 35.01. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of CCL Products (India) Ltd?
Over the past 52 weeks, CCL Products (India) Ltd has traded between a low of ₹815.5 and a high of ₹1,242.2. This range helps investors understand the stock's price volatility and recent trading levels.
Does CCL Products (India) Ltd pay dividends?
Yes, CCL Products (India) Ltd has a dividend yield of 0.51%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of CCL Products (India) Ltd?
CCL Products (India) Ltd has a Return on Equity (ROE) of 15.78%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research CCL Products (India) Ltd on Tapetide?
On Tapetide, you can view CCL Products (India) Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

CCL Products (India) is engaged in the production, trading and distribution of Coffee. The Company has business operations mainly in India, Vietnam and Switzerland countries.(Source : 202003 Annual Report Page No:119)

Website cclproducts.com
CEO Mr. Challa Rajendra Prasad B.E
Employees 1,358
Listed 2004-06-07
Face Value ₹ 2
Issued Size 13,35,27,920

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