On 6 Nov 2026, CCL Products (I) was priced at ₹967.10, or 27.9× trailing earnings, against an industry P/E of 19.5×, and the shares are 22% below their 52-week high. It earns ROCE of 21% and ROE of 19%, and sales and net profit grew 29% and 11% a year over 3 years. Its dividend yield is 0.6%, and debt is 0.46× equity. It is a small-cap company with a market cap of ₹12,896 Cr, ranked 10th of 127 Packaged Foods companies by market cap; the shares rose 8.6% over the past year.
- ₹965.20
- ₹972.90
- ₹934.80
- ₹965.20
- 1.2 L
Health check
- ReturnsAhead
+8.6% over a year, better than 6 of 7 peers.
- Price tagPricier
P/E 27.9 vs industry 19.5.
- GrowthStrong
Sales +29.1%, profit +11.0% a year over 3 years.
- ProfitabilityStrong
ROCE 20.5% vs peer median 15.3%.
- Balance sheetFair
Debt 0.46× equity, interest covered 4.8×, Piotroski 8 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹12,896 Cr
- Small cap
- P/E
- 27.9
- Industry 19.5
- Price to book
- 4.85
- Peers 8.88
- Dividend yield
- 0.59%
- ROE
- 19.4%
- Peers 14.8%
- ROCE
- 20.5%
- Peers 15.3%
- Debt to equity
- 0.46
- Debt ₹1,226 Cr
- EPS (TTM)
- ₹34.62
- Face value ₹2
- OPM (TTM)
- 16.7%
- Net margin 9.8%
- Sales growth
- +7.8%
- Latest quarter vs a year ago
- Profit growth
- +29.0%
- Latest quarter vs a year ago
- Price to sales
- 2.75
- EV/EBITDA 19.2
Strengths and risks
Strengths
- Return on equity of 19.4%.
- Return on capital employed of 20.5%.
- Quarterly profit up 29.0% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About CCL Products (I)
CCL Products (India) Limited engages in the production, trading, and distribution of coffee and related products in India. The company offers filter, premix, instant, and flavored coffee, including spray dried coffee powder and agglomerated coffee, freeze dried coffee, freeze concentrated liquid coffee, roast and ground coffee, and roasted coffee beans under the Continental brand. It also exports its products. The company was incorporated in 1961 and is…
- Headquarters
- Hyderabad
- Employees
- 1,336
- Sector
- Consumer Defensive
- ISIN
- INE421D01022
- Website
- cclproducts.com
Price range
- Avg volume (3M)
- 1.7 L
- 1-year return
- plus 8.6%
- From 52-week high
- minus 22.1%
Analyst consensus
Peers · Packaged Foods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEINDNestle India | 1,282.10 | plus 1.89% | 2,47,229 | 60.6 | 42.76 | – | 79.9% | 21.0% | – | – | 0.94% | minus 0.5% |
| BRITANNIABritannia Industries | 4,785.00 | minus 3.92% | 1,15,255 | 43.2 | 27.13 | 61.2% | 66.7% | 18.4% | 5.7% | 3.0% | 1.89% | minus 15.5% |
| TATACONSUMTata Consumer Products | 1,086.30 | plus 0.80% | 1,07,511 | 63.3 | 4.86 | 8.3% | 7.6% | 14.0% | 13.9% | 8.6% | 0.92% | minus 8.6% |
| PATANJALIPatanjali Foods | 411.50 | plus 0.19% | 44,776 | 22.7 | 3.42 | 11.2% | 14.8% | 4.2% | 8.7% | 27.0% | 0.98% | minus 28.6% |
| HATSUNHatsun Agro Product | 1,068.10 | plus 0.33% | 23,792 | 66.0 | 12.07 | 20.2% | 19.0% | 10.7% | 11.2% | 29.0% | 1.87% | plus 2.4% |
| MILKYMISTMilky Mist Dairy Food | 297.20 | plus 0.93% | 22,880 | 91.2 | 8.88 | – | 9.7% | 10.1% | – | – | 0.00% | plus 63.7% |
| AWLAWL Agri Business | 167.00 | minus 0.48% | 21,573 | 18.7 | 1.98 | 15.3% | 11.1% | 2.9% | 8.7% | 21.4% | 0.60% | minus 39.5% |
| CCLCCL Products (I) | 967.10 | plus 0.20% | 12,896 | 27.9 | 4.85 | 20.5% | 19.4% | 16.7% | 29.1% | 11.0% | 0.59% | plus 8.6% |
| Median of 7 peers | – | 0.33% | 44,776 | 60.6 | 8.88 | 15.3% | 14.8% | 10.7% | 8.7% | 21.4% | 0.94% | −8.6% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,056 | 1,051 | 1,224 | 1,200 | 1,211 | |
| 897 | 866 | 1,033 | 1,007 | 999 | |
| 159 | 185 | 192 | 194 | 212 | |
| 15.1% | 17.6% | 15.7% | 16.1% | 17.5% | |
| 2.4 | 2.6 | 1.9 | 3.1 | 5.2 | |
| 33.7 | 32.2 | 30.2 | 28.7 | 26 | |
| 33.6 | 39.1 | 40.4 | 39 | 40.5 | |
| 94.2 | 116 | 123 | 129 | 151 | |
| 23.1% | 13.8% | 7.0% | 9.4% | 13.8% | |
| 72.4 | 100 | 115 | 117 | 130 | |
| 5.44 | 7.52 | 8.59 | 8.76 | 9.75 |
Profit & loss
- Sales CAGR 3Y
- +29.1%
- Profit CAGR 3Y
- +11.0%
- EPS CAGR 3Y
- +10.9%
- ROE
- 19.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,071 | 2,654 | 3,106 | 4,457 | |
| – | +28.1% | +17.0% | +43.5% | |
| 1,685 | 2,226 | 2,571 | 3,799 | |
| 387 | 428 | 535 | 658 | |
| 18.7% | 16.1% | 17.2% | 14.8% | |
| 13.5 | 20.8 | 24.3 | 79.8 | |
| 31.3 | 75 | 109 | 122 | |
| 63.7 | 97.7 | 98.5 | 152 | |
| −0 | – | – | −3.2 | |
| 305 | 276 | 352 | 461 | |
| 6.9% | 9.5% | 11.9% | 15.8% | |
| 284 | 250 | 310 | 388 | |
| – | minus 11.9% | +24.1% | +25.1% | |
| 21.35 | 18.76 | 23.26 | 29.10 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 26.6 | 26.6 | 26.7 | 26.7 | |
| 1,471 | 1,647 | 1,941 | 2,318 | |
| 920 | 1,621 | 1,813 | 1,324 | |
| 180 | 241 | 461 | 657 | |
| 2,597 | 3,536 | 4,241 | 4,326 | |
| 1,311 | 1,753 | 2,072 | 2,031 | |
| 54 | 501 | 450 | 3.5 | |
| 0 | 0 | 0 | 2.9 | |
| 82.6 | 169 | 96.9 | 217 | |
| 1,149 | 1,113 | 1,621 | 2,073 | |
| 2,597 | 3,536 | 4,241 | 4,326 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 173 | 55.4 | 290 | 858 | |
| −332 | −514 | −416 | −69.6 | |
| 164 | 559 | 53 | −757 | |
| 4.8 | 100 | −73.2 | 31.7 | |
| −332 | −513 | −418 | −69.8 | |
| −159 | −458 | −128 | 788 | |
| −66.5 | −66.5 | −26.7 | −103 |
Shareholding pattern
- Promoters46.16%
- Public53.70%
- Employee trusts0.14%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 46.16% | 53.70% | plus 0.02 | |
| 30 Jun 2026 | 46.14% | 53.71% | plus 0.03 | |
| 31 Mar 2026 | 46.11% | 53.64% | 0.00 | |
| 31 Dec 2025 | 46.11% | 53.64% | 0.00 | |
| 30 Sep 2025 | 46.11% | 53.64% | – |
Major shareholders
Filings & events
News
No recent news coverage found.