CCL Products (India) Limited (CCL) AI Stock Analysis

• Market Cap: ₹115.52B
• Dividend Yield: 0.58%
• Average Volume (3M): 13.33K
• Price to Earnings (P/E): 37.1
• Beta (1Y): 0.71
• Revenue Growth: 22.22%
• EPS Growth: 19.04%
• Country: IN
• Employees: 999
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Packaged Foods
• EPS (TTM): 5.40
• Shares Outstanding: 133,527,920
• 10 Day Avg. Volume: 19,527
• 30 Day Avg. Volume: 13,327
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹998.00
• Price Target Upside: 16.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 74 Outperform
• Price Target: ₹998.00 ▲(16.58% Upside)

CCL Products' strong financial performance, particularly in revenue growth and profit margins, is the main driver of its stock score. Technical indicators support a bullish outlook, though the valuation suggests the stock might be overvalued. Careful financial management is needed to address leverage and cash flow concerns.

CCL Products (India) Limited Business Overview & Revenue Model

Company Description

CCL Products (India) Limited (CCL) is a leading global coffee manufacturer specializing in the production of instant coffee. The company operates in the food and beverage sector, providing a wide range of coffee products, including spray-dried, agglomerated, freeze-dried instant coffee, and freeze-concentrated liquid coffee. CCL is known for its extensive product portfolio and serves both domestic and international markets, catering to private labels and its own brands.

How the Company Makes Money

CCL Products generates revenue primarily through the manufacture and sale of instant coffee products. The company's key revenue streams include the export of coffee to various countries, sales under private labels, and retail sales under its own brands. CCL has established significant partnerships with global coffee distributors and private label customers, which contribute to its earnings. The company's production facilities, strategically located in India and Vietnam, enable it to maintain competitive pricing and cater to diverse market demands. Additionally, CCL invests in research and development to innovate and expand its product offerings, further bolstering its revenue potential.

CCL Products (India) Limited Financial Statement Overview

Summary

CCL Products shows strong revenue and profit growth with excellent margins. However, increasing leverage and negative free cash flow pose financial risks that need addressing.

Income Statement

CCL Products has demonstrated strong revenue growth with a notable increase from 2024 to 2025. The gross profit margin has consistently improved, and the net profit margin has also shown positive trends, reflecting enhanced operational efficiency. The EBIT and EBITDA margins indicate strong profitability. However, fluctuations in revenue growth rates over the years suggest potential volatility in sales performance.

Balance Sheet

The company's balance sheet reveals a moderate debt-to-equity ratio, suggesting manageable leverage. However, the increasing total debt over the years raises some concerns about financial risk. Return on equity is healthy, indicating efficient use of shareholder funds. The equity ratio remains stable, reflecting a solid asset base relative to liabilities.

Cash Flow

CCL's cash flow situation shows challenges, with free cash flow remaining negative despite improvements in operating cash flow in 2025. The operating cash flow to net income ratio is improving, indicating better cash generation relative to net income. However, the negative free cash flow highlights potential liquidity issues and the need for improved cash management.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	31.14B	26.54B	14.62B	20.71B	12.42B
Gross Profit	12.72B	9.44B	6.47B	9.42B	5.54B
EBITDA	5.64B	4.49B	3.35B	4.03B	3.01B
Net Income	3.10B	2.50B	2.04B	2.84B	1.82B
Balance Sheet
Total Assets	42.41B	35.36B	20.70B	25.97B	17.88B
Cash, Cash Equivalents and Short-Term Investments	969.43M	1.70B	527.81M	937.54M	1.17B
Total Debt	18.15B	16.22B	6.51B	9.20B	5.59B
Total Liabilities	22.74B	18.62B	8.19B	11.15B	7.01B
Stockholders Equity	19.67B	16.74B	12.51B	14.82B	10.87B
Cash Flow
Free Cash Flow	-1.28B	-4.58B	-891.91M	-1.34B	162.19M
Operating Cash Flow	2.90B	553.78M	1.01B	1.98B	1.71B
Investing Cash Flow	-4.16B	-5.14B	-1.90B	-3.32B	-1.53B
Financing Cash Flow	530.02M	5.59B	250.64M	1.64B	636.27M

CCL Products (India) Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 856.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CCL, the sentiment is Neutral. The current price of 856.05 is below the 20-day moving average (MA) of 864.53, above the 50-day MA of 855.52, and above the 200-day MA of 713.22, indicating a neutral trend. The MACD of 6.29 indicates Positive momentum. The RSI at 49.70 is Neutral, neither overbought nor oversold. The STOCH value of 39.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:CCL.

CCL Products (India) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCL	74 Outperform	₹115.52B	37.07		0.58%	22.22%	19.04%
KRBL	73 Outperform	₹103.23B	19.11		0.82%	15.69%	10.74%
LTFOODS	72 Outperform	₹158.57B	25.55		0.66%	12.52%	1.89%
BIKAJI	67 Neutral	₹180.68B	89.31		0.14%	11.69%	-28.52%
BECTORFOOD	67 Neutral	₹87.91B	62.75		0.34%	15.39%	-0.22%
ZYDUSWELL	67 Neutral	₹123.39B	37.72		0.31%	10.63%	7.53%
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%