Cello World Ltd logo

Cello World Ltd

CELLO NSE

Key Fundamentals

MicrocapHousewareConsumer Goods
Market Cap
₹8,095 Cr
Volatility
Moderate
P/E Ratio
25.61
EBITDA
₹526 Cr
Return on Equity
12.27%
Debt to Equity
0.01
Book Value
₹103.75
EPS
₹15.22
52W High
₹673.8
52W Low
₹336.6

Insights

Beta

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

Log in to view Cello World Ltd insights

52 extracted metrics + investor summaries across FY21–FY26.

Log in — free

Tapetide Score

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

Technical Indicators

Key Insights

Strengths

1
  • Company is almost debt free.

Growth Rate

Revenue Growth
9.06% ↗
Net Income Growth
-9.08% ↗
Cash Flow Change
-2.55% ↘
ROE
-18.96% ↘
ROCE
-20.35% ↘
EBITDA Margin (Avg.)
-13.05% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 43d ago
AI opinion · based on fundamentals
Risk high

Cello World Ltd is an almost debt-free consumer discretionary company with a market cap of ₹8,206 crore trading at a PE of 24.4x. Revenue has grown at a 9% CAGR over 3 years, but FY26 consolidated net profit declined ~9% YoY to ₹332 crore while operating margins contracted from 23.4% to 19.8%, and the stock has fallen ~43% over the past year.

Bull Case 8
  • Almost debt-free balance sheet with negligible interest costs (₹1.5 crore in FY26), providing financial flexibility and low solvency risk
  • Consumerware segment delivered ~24% YoY revenue growth in Q4 FY25 to ₹400 crore, demonstrating strong brand pull in household products
  • Revenue scaled from ₹1,359 crore in FY22 to ₹2,324 crore in FY26, reflecting a 5-year compounded sales growth of 17%
  • Promoter holding stable at 75% with no dilution over recent quarters, signalling long-term owner commitment
  • 3-year average ROE of 21% indicates historically efficient capital deployment relative to peers in the consumer space
  • Q4 FY26 revenue of ₹654 crore was the highest-ever quarterly revenue, up 11% YoY, showing continued top-line momentum
  • Dividend payout initiated post-IPO with 0.41% yield; payout ratio of ~10% leaves ample room for reinvestment or future dividend increases
  • DII holding increased from 13.8% in Mar 2025 to 14.6% in Jun 2025, reflecting institutional confidence in the franchise
Bear Case 8
  • Stock has declined 43% over the past year, significantly underperforming the broader market and indicating sustained loss of investor confidence
  • Operating profit margin contracted sharply from 25.2% in FY24 to 23.4% in FY25 and further to 19.8% in FY26, a 540 bps erosion in two years
  • Working capital days deteriorated from 190 days to 279 days, tying up significantly more cash in operations and pressuring free cash flow
  • Consolidated net profit fell from ₹365 crore in FY25 to ₹332 crore in FY26 (down ~9% YoY), with TTM profit growth at -1%
  • Writing Instruments segment revenue declined ~10.3% YoY in Q4 FY25 to ₹78 crore, missing estimates by 17.7% and showing category weakness
  • Last year ROE dropped to 14% from a 3-year average of 21%, suggesting declining return efficiency as margins compress
  • Gross margins contracted 105 bps YoY to 51.9% in Q4 FY25, reflecting input cost and pricing pressures across segments
  • FII holding declined from 6.5% in Mar 2025 to 5.4% in Dec 2025, indicating foreign institutional selling pressure

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

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
472
489
527
512
501
490
557
589
529
587
554
654
527
Expenses
353
369
395
380
372
371
430
454
420
460
448
525
428
Operating Profit
119
120
132
133
129
119
127
135
109
128
106
129
99
OPM %
25%
25%
25%
26%
26%
24%
23%
23%
21%
22%
19%
20%
19%
Other Income
8
11
4
7
6
13
12
13
17
14
9
8
18
Interest
1
1
0
1
1
0
0
0
0
0
1
0
1
Depreciation
12
13
15
18
14
15
15
18
19
20
20
20
22
PBT
115
118
121
121
120
117
124
130
108
121
94
116
95
Tax %
28%
26%
25%
21%
26%
26%
26%
26%
25%
25%
26%
23%
22%
Net Profit
83
87
91
96
89
87
92
96
81
91
69
90
73
EPS in Rs
3.97
4.1
4
4.18
3.89
3.7
3.91
3.99
3.31
3.88
2.88
4.08
3.32
Figures in ₹ Crores

Profit & Loss

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,049
1,359
1,797
2,000
2,136
2,324
2,321
Expenses
773
1,026
1,376
1,491
1,626
1,852
1,860
Operating Profit
277
334
421
509
510
471
461
OPM %
26%
25%
23%
25%
24%
20%
20%
Other Income
10
16
17
25
45
48
48
Interest
2
3
2
3
1
2
2
Depreciation
49
48
50
57
62
78
81
PBT
236
299
385
475
491
440
427
Tax %
30%
27%
26%
25%
26%
25%
—
Net Profit
166
220
285
356
365
332
324
EPS in Rs
1,51,200
2,04,000
13.65
15.6
16.5
15.01
14.16
Div. Payout %
0%
0%
62%
10%
9%
10%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.01
0.01
98
106
110
110
Reserves
-107
88
239
1,043
2,298
2,591
Borrowings
334
463
335
371
5
38
Other Liabilities
917
780
875
450
226
263
Total Liabilities
1,144
1,331
1,547
1,970
2,640
3,002
Fixed Assets
259
259
272
362
616
711
CWIP
4
15
26
180
19
66
Investments
120
150
177
170
600
620
Other Assets
761
908
1,073
1,258
1,406
1,606
Total Assets
1,144
1,331
1,547
1,970
2,640
3,002
Figures in ₹ Crores

Cash Flow

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
194
187
227
231
262
255
Investing
-53
-262
-557
-256
-553
-176
Financing
-133
94
324
26
311
-5
Net Cash Flow
8
20
-6
2
20
75
Free Cash Flow
169
136
124
-22
98
37
CFO/OP
95
81
78
68
75
77
Figures in ₹ Crores

Ratios

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
129
109
94
111
112
118
Inventory Days
236
233
197
199
210
191
Days Payable
76
78
62
62
51
54
Cash Conversion Cycle
290
265
230
248
271
255
Working Capital Days
-120
-57
90
108
184
185
ROCE %
—
53%
48%
36%
24%
17%

Shareholding Pattern

As of Jun 2026
Promoters 75.00%
DIIs 15.15%
Public 4.88%
FIIs 3.24%
Others 1.74%
Total 100.01%
  Aug 2023Oct 2023Nov 2023Dec 2023Mar 2024Jun 2024Jul 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
100.00%
91.88%
78.06%
78.06%
78.06%
78.06%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
FIIs
0.00%
0.00%
0.00%
0.00%
4.43%
5.88%
7.74%
7.70%
7.47%
6.51%
5.39%
5.55%
5.42%
5.52%
3.24%
DIIs
0.00%
0.00%
11.75%
4.77%
12.44%
12.08%
13.17%
13.57%
13.54%
13.80%
14.62%
14.03%
13.36%
12.73%
15.15%
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%
Public
0.00%
0.00%
6.93%
2.95%
3.08%
2.57%
2.47%
2.69%
2.72%
3.29%
3.51%
3.86%
4.44%
4.78%
4.88%
Others
0.00%
8.12%
3.26%
14.22%
1.99%
1.41%
1.62%
1.05%
1.27%
1.40%
1.49%
1.57%
1.78%
1.96%
1.74%
No. of Shareholders
16
16
4,57,998
1,51,407
1,32,505
1,17,810
1,17,826
1,18,258
1,17,627
1,22,650
1,23,494
1,23,278
1,22,057
1,20,736
1,22,084

Documents

Frequently Asked Questions about Cello World Ltd

What does Cello World Ltd do?
Cello World is a leading Indian consumer product company mainly dealing in writing instruments and stationery, molded furniture, consumer housewares, and related products. [1]
Where is Cello World Ltd (CELLO) listed?
Cello World Ltd is listed on the Indian stock exchanges. It is listed on NSE: CELLO and BSE: 544012. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Cello World Ltd belong to?
Cello World Ltd operates in the Consumer Goods sector within the Houseware industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Cello World Ltd?
Cello World Ltd has a market capitalisation of approximately ₹8095.44 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Cello World Ltd?
The Price-to-Earnings (PE) ratio of Cello World Ltd is 25.61. 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 Cello World Ltd?
Over the past 52 weeks, Cello World Ltd has traded between a low of ₹336.6 and a high of ₹673.8. This range helps investors understand the stock's price volatility and recent trading levels.
Does Cello World Ltd pay dividends?
Yes, Cello World Ltd has a dividend yield of 0.41%. 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 Cello World Ltd?
Cello World Ltd has a Return on Equity (ROE) of 12.27%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Cello World Ltd on Tapetide?
On Tapetide, you can view Cello World 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

Cello World is a leading Indian consumer product company mainly dealing in writing instruments and stationery, molded furniture, consumer housewares, and related products. [1]

CEO Mr. Pradeep Ghisulal Rathod
Employees 5,701
Listed 2023-11-06
Face Value ₹ 5
Issued Size 22,08,85,034

Explore More

More in Consumer Goods → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List