CCL

CCL Products (India) Limited

Private-label instant coffee manufacturer and branded coffee business

Fast Moving Consumer Goods›Fast Moving Consumer Goods›Agricultural Food & other Products›Tea & Coffee

cclproducts.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹1008.30
Market cap
13,464 Cr
Stock P/E
29.2
P/B
5.06
Dividend yield
0.6%
ROE (FY26)
16.6%
ROCE (FY26)
16.2%
Operating margin (FY26)
13.0%
Debt / equity (FY26)
0.55
OCF / EBITDA (FY26)
117.1%
OCF / EBITDA (3Y)
69.4%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

CCL (CCL Products India) makes spray-dried and freeze-dried instant coffee for business customers, including private-label buyers, on a cost-plus pricing model, and most of its revenue comes from exports.

Company snapshot

2ndBy market cap

Ranked among 14 companies in Tea & Coffee.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Sales664 Cr727 Cr773 Cr738 Cr758 Cr836 Cr1,056 Cr1,127 Cr1,051 Cr1,224 Cr1,200 Cr1,211 Cr
Operating expenses (approx.)554 Cr609 Cr643 Cr601 Cr634 Cr673 Cr897 Cr930 Cr866 Cr1,033 Cr1,007 Cr999 Cr
EBITDA111 Cr118 Cr130 Cr137 Cr124 Cr163 Cr159 Cr197 Cr185 Cr192 Cr194 Cr212 Cr
OPM %16.7%16.3%16.8%18.6%16.4%19.5%15.1%17.5%17.6%15.7%16.1%17.5%
Other income1 Cr4 Cr1 Cr0.54 Cr3 Cr4 Cr2 Cr1 Cr3 Cr2 Cr3 Cr5 Cr
Interest23 Cr21 Cr21 Cr27 Cr31 Cr34 Cr34 Cr33 Cr32 Cr30 Cr29 Cr26 Cr
Depreciation22 Cr31 Cr23 Cr24 Cr25 Cr27 Cr34 Cr39 Cr39 Cr40 Cr39 Cr40 Cr
Profit before tax67 Cr70 Cr87 Cr87 Cr72 Cr106 Cr94 Cr127 Cr116 Cr123 Cr129 Cr151 Cr
Tax %5.1%7.4%18.0%15.3%12.3%3.8%23.1%20.6%13.8%7.0%9.4%13.8%
Net profit63 Cr65 Cr71 Cr74 Cr63 Cr102 Cr72 Cr101 Cr100 Cr115 Cr117 Cr130 Cr
EPS (₹)₹4.76₹4.90₹5.37₹5.55₹4.73₹7.65₹5.45₹7.57₹7.53₹8.60₹8.77₹9.77

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales983 Cr1,138 Cr1,081 Cr1,139 Cr1,242 Cr1,462 Cr2,071 Cr2,654 Cr3,106 Cr4,457 CrSign in free for the trailing twelve months
Operating expenses (approx.)751 Cr899 Cr836 Cr853 Cr945 Cr1,131 Cr1,671 Cr2,208 Cr2,551 Cr3,724 CrSign in free for the trailing twelve months
EBITDA232 Cr239 Cr245 Cr286 Cr298 Cr331 Cr400 Cr445 Cr555 Cr733 CrSign in free for the trailing twelve months
OPM %23.6%21.0%22.7%25.1%24.0%22.6%19.3%16.8%17.9%16.4%Sign in free for the trailing twelve months
Other income1 Cr5 Cr3 Cr4 Cr3 Cr4 Cr3 Cr6 Cr8 Cr8 CrSign in free for the trailing twelve months
Interest11 Cr8 Cr8 Cr18 Cr17 Cr16 Cr34 Cr78 Cr113 Cr129 CrSign in free for the trailing twelve months
Depreciation33 Cr34 Cr32 Cr47 Cr49 Cr57 Cr64 Cr98 Cr98 Cr152 CrSign in free for the trailing twelve months
Profit before tax189 Cr202 Cr209 Cr225 Cr235 Cr261 Cr305 Cr276 Cr352 Cr461 CrSign in free for the trailing twelve months
Tax %28.8%26.6%25.8%26.4%22.4%21.8%11.8%9.5%11.9%15.8%Sign in free for the trailing twelve months
Net profit135 Cr148 Cr155 Cr166 Cr182 Cr204 Cr269 Cr250 Cr310 Cr388 CrSign in free for the trailing twelve months
EPS (₹)₹10.12₹11.14₹11.64₹12.47₹13.70₹15.36₹20.21₹18.80₹23.31₹29.15Sign in free for the trailing twelve months
Dividend payout %————14.6%32.5%24.7%26.6%8.6%26.7%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital27 Cr27 Cr27 Cr27 Cr27 Cr27 Cr27 Cr27 Cr27 Cr27 Cr
Reserves602 Cr713 Cr812 Cr902 Cr1,061 Cr1,224 Cr1,456 Cr1,647 Cr1,941 Cr2,318 Cr
Borrowings101 Cr308 Cr376 Cr392 Cr475 Cr561 Cr916 Cr1,621 Cr1,813 Cr1,291 Cr
Other liabilities119 Cr85 Cr207 Cr189 Cr226 Cr258 Cr199 Cr241 Cr461 Cr691 Cr
Total liabilities848 Cr1,134 Cr1,422 Cr1,509 Cr1,788 Cr2,070 Cr2,597 Cr3,536 Cr4,241 Cr4,326 Cr
Fixed assets (net)393 Cr371 Cr383 Cr724 Cr798 Cr882 Cr1,257 Cr1,250 Cr1,620 Cr2,027 Cr
CWIP0.16 Cr226 Cr424 Cr100 Cr149 Cr160 Cr54 Cr501 Cr453 Cr3 Cr
Investments2 Cr1 Cr1 Cr1 Cr0.0010 Cr0.0010 Cr0.0010 Cr0.0010 Cr0.0010 Cr3 Cr
Inventories183 Cr183 Cr202 Cr260 Cr320 Cr519 Cr578 Cr788 Cr1,052 Cr1,042 Cr
Trade receivables163 Cr182 Cr235 Cr268 Cr299 Cr320 Cr441 Cr497 Cr690 Cr817 Cr
Cash & bank17 Cr44 Cr97 Cr39 Cr120 Cr56 Cr83 Cr169 Cr97 Cr217 Cr
Other assets91 Cr125 Cr79 Cr117 Cr102 Cr133 Cr184 Cr330 Cr329 Cr217 Cr
Total assets848 Cr1,134 Cr1,422 Cr1,509 Cr1,788 Cr2,070 Cr2,597 Cr3,536 Cr4,241 Cr4,326 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity102 Cr145 Cr162 Cr91 Cr171 Cr101 Cr198 Cr55 Cr290 Cr858 Cr
Cash from investing-20 Cr-247 Cr-175 Cr-88 Cr-153 Cr-190 Cr-332 Cr-514 Cr-416 Cr-70 Cr
Cash from financing-84 Cr129 Cr42 Cr-37 Cr64 Cr25 Cr164 Cr559 Cr53 Cr-757 Cr
Net cash flow-2 Cr27 Cr29 Cr-35 Cr82 Cr-64 Cr30 Cr86 Cr-72 Cr120 Cr
Free cash flow (OCF − Capex)82 Cr-112 Cr-80 Cr27 Cr16 Cr-89 Cr-134 Cr-458 Cr-128 Cr788 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %27.4%20.0%17.9%18.4%16.1%15.3%14.2%10.7%12.3%16.2%
ROE %21.4%20.0%18.5%17.9%16.8%16.3%18.1%14.9%15.8%16.6%
Debtor days60587986878078688167
Inventory days12293122161201241185177200129
Days payable853515122124224231
Cash conversion cycle174146167231276299239223239164
OCF / EBITDA %43.9%60.8%65.8%31.7%57.4%30.4%49.6%12.4%52.2%117.1%
OCF / EBITDA % (3 years)——57.0%51.6%51.0%39.6%45.7%30.1%38.8%69.4%
Debt / equity0.160.420.450.420.440.450.620.970.920.55
Current ratio2.312.861.642.301.691.571.491.361.281.49
Net debt / EBITDA0.36—1.141.241.191.522.083.263.091.47