Cello World Limited (CELLO) AI Stock Analysis

• Market Cap: ₹91.84B
• Dividend Yield: 0.27%
• Average Volume (3M): 9.78K
• Price to Earnings (P/E): 29.6
• Beta (1Y): 1.35
• Revenue Growth: 11.42%
• EPS Growth: -4.32%
• Country: IN
• Employees: 5,736
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 3.05
• Shares Outstanding: 220,885,040
• 10 Day Avg. Volume: 8,248
• 30 Day Avg. Volume: 9,782
• PEG Ratio: -54.95
• Price to Book (P/B): 5.51
• Price to Sales (P/S): 5.59
• P/FCF Ratio: 125.74
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 15.45
• Revenue Forecast (FY): ₹23.07B

• Rating: 58 Neutral
• Price Target: ₹432.00 ▼(-20.57% Downside)
• Action: Downgraded Date: 11/25/25
• Date: Action: Downgraded 11/25/25

Cello World Limited's strong financial performance is the primary driver of its stock score, reflecting robust revenue and profit growth and a stable balance sheet. However, technical indicators suggest bearish momentum, and the stock's high P/E ratio indicates potential overvaluation. The low dividend yield further limits its attractiveness to income-focused investors.

Positive Factors

Revenue Growth

Consistent revenue growth reflects durable demand for everyday household products and effective distribution across general trade, modern trade and e-commerce. Recurring, high-volume consumerware sales and brand reach support sustained top-line expansion over the medium term.

Margin Sustainability

Sustained gross, EBIT and net margins indicate efficient cost management and operating leverage from manufacturing scale. Healthy margins provide recurring cash generation capacity and buffer against moderate input cost swings, supporting long-term profitability.

Balance Sheet Strength

Low financial leverage and a strong equity base give the company flexibility to invest, withstand demand cycles, and fund working capital without heavy reliance on debt. Strong ROE signals efficient use of equity capital over time.

Negative Factors

Free Cash Flow Volatility

Although operating cash flow is positive and improving, volatile free cash flow growth complicates capital allocation and reduces predictability for investments, dividends or buybacks. This variability raises execution risk for strategic projects.

Earnings Contraction

A decline in EPS suggests underlying profit pressure that could stem from mix shifts, margin compression, or one-off items. Persistent EPS contraction would weaken reinvestment capacity and could challenge the sustainability of returns to shareholders.

Input Cost Exposure

Material-cost sensitivity to polymers and commodity inputs is a structural risk for a plastics-based consumer products firm. Volatile raw-material prices can pressure margins if pricing power is limited in mass-market channels, increasing earnings variability.

Cello World Limited Business Overview & Revenue Model

Company Description

Cello World Limited manufactures and sells consumer houseware and glassware products in India and internationally. The company offers drinkware products, including bottles, flasks, jugs, tea sets, coffee mugs, and tumblers; lunch boxes and carriers; storage, water jugs, chillers, and ice pails; dinnerware products, such as dinner sets, minimalistic melamine dinner sets, casseroles, trays, and serve wares; bakeware and gift sets; and kitchen appliances, cookware series, cleaning aids for homes comprising brushes, wipers and brooms, mops, sponge wipes and cloths, dustbins, and bathroom accessories, such as bathroom sets, buckets, tubs and basins, laundry baskets, stools and patlas, mugs, and soap cases. It also provides health products, including UV sanitizers, air purifiers, and fruit and vegetable washers; household appliances; and furniture products, such as chairs, dining tables, desks, stools and storages, shelves, racks, and cabinets. It also sells its products through online. The company was founded in 1958 and is based in Goregaon, India.

How the Company Makes Money

Cello World Limited generates revenue through multiple key streams, including direct sales of its products to retailers, e-commerce platforms, and direct-to-consumer sales. The company benefits from strong relationships with major retail chains and distributors, which allows it to maintain a wide market presence. Additionally, CELLO engages in strategic partnerships with brands and suppliers to enhance its product offerings and expand its distribution channels. The company's focus on developing innovative and sustainable products also helps to differentiate it in a competitive market, contributing to customer loyalty and repeat purchases.

Cello World Limited Financial Statement Overview

Summary

Cello World Limited demonstrates robust financial health with strong revenue and profit growth, efficient operations, and a stable balance sheet. The company effectively leverages its equity to minimize debt risk while generating solid returns. Cash flows are positive, though there are fluctuations in free cash flow growth that should be monitored.

Income Statement

Cello World Limited has shown strong revenue growth over the years, with a significant increase in revenue from the previous year. The company maintains solid gross and net profit margins, indicating efficient cost management and profitability. The EBIT and EBITDA margins are healthy, reflecting good operational efficiency.

Balance Sheet

The company exhibits a strong equity ratio, suggesting a stable financial structure with significant equity financing. The debt-to-equity ratio is low, indicating low financial leverage and reduced risk. Return on equity is impressive, showing effective use of equity to generate profits.

Cash Flow

Cello World Limited's cash flow is positive with improving free cash flow, which is a good indicator of financial health. The operating cash flow to net income ratio is strong, suggesting good earnings quality. However, the free cash flow growth rate has been volatile, which could pose potential risks.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	21.65B	21.36B	20.00B	17.91B	13.54B	10.48B
Gross Profit	11.21B	11.05B	10.77B	6.36B	4.51B	3.54B
EBITDA	5.31B	5.10B	5.34B	4.37B	3.49B	2.87B
Net Income	3.29B	3.39B	3.31B	2.66B	2.04B	1.51B
Balance Sheet
Total Assets	0.00	26.42B	19.72B	15.52B	13.34B	11.47B
Cash, Cash Equivalents and Short-Term Investments	6.40B	6.56B	1.48B	1.62B	1.70B	945.68M
Total Debt	0.00	52.90M	3.71B	3.35B	4.63B	3.34B
Total Liabilities	-24.08B	2.33B	6.02B	10.15B	10.61B	10.81B
Stockholders Equity	24.08B	21.67B	11.49B	3.36B	876.46M	-1.07B
Cash Flow
Free Cash Flow	0.00	949.20M	-328.27M	1.14B	1.36B	1.69B
Operating Cash Flow	0.00	2.62B	2.31B	2.28B	1.88B	1.94B
Investing Cash Flow	0.00	-5.53B	-2.56B	-5.57B	-2.62B	-539.28M
Financing Cash Flow	0.00	3.11B	260.08M	3.24B	941.09M	-1.33B

Cello World Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 543.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CELLO, the sentiment is Negative. The current price of 543.9 is above the 20-day moving average (MA) of 474.12, above the 50-day MA of 504.06, and below the 200-day MA of 574.89, indicating a bearish trend. The MACD of -25.99 indicates Positive momentum. The RSI at 17.69 is Positive, neither overbought nor oversold. The STOCH value of 6.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CELLO.

Cello World Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SYMPHONY	70 Outperform	₹54.55B	34.09	―	1.43%	-19.72%	-44.03%
TTKPRESTIG	63 Neutral	₹71.60B	86.13	―	0.97%	4.48%	-49.18%
IFBIND	63 Neutral	₹44.76B	37.37	―	―	12.08%	28.97%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
CELLO	58 Neutral	₹91.84B	29.58	―	0.27%	11.42%	-4.32%
BAJAJELEC	57 Neutral	₹42.13B	117.86	―	0.62%	0.80%	-4.31%
CENTURYPLY	55 Neutral	₹163.15B	68.81	―	0.12%	16.88%	6.77%

Cello World Limited Corporate Events

Cello World Publishes NCLT Hearing Notice on Composite Scheme of Arrangement

Cello World Limited has notified the stock exchanges that it has published newspaper advertisements announcing the hearing of a Company Scheme Petition related to a Composite Scheme of Arrangement among Wim Plast Limited, Cello Consumer Products Private Limited and Cello World Limited, along with their respective shareholders and creditors, under Sections 230–232 of the Companies Act, 2013. The notice informs stakeholders that the petition will be heard by the National Company Law Tribunal, Ahmedabad Bench, on February 26, 2026, indicating that the group is advancing formal legal steps toward a corporate restructuring that could streamline operations and align the interests of the involved entities and their stakeholders.