Cello World Limited (IN:CELLO)
:CELLO
Want to see IN:CELLO full AI Analyst Report?
Top Page
Cello World Limited
(CELLO)
Select Model
Select Model
Rating:64Neutral
Price Target:
₹422.00
▼(-22.41% Downside)
Action:Reiterated
Date:05/29/26
The score is primarily supported by strong financial health—especially a very low-debt balance sheet and solid profitability—despite recent margin compression and weaker free-cash-flow conversion. The rating is tempered by bearish technical signals (trading below key moving averages with negative momentum) and a relatively high P/E with a low dividend yield.
Positive Factors
Very low leverage / strong balance sheet
The company's near-zero leverage and materially improved balance-sheet stability reduce refinancing and solvency risk, enabling capacity for organic investment, resilience through cost cycles, and strategic optionality. This foundational strength supports sustained operations and competitive moves over months.
Negative Factors
Material margin compression
A sharp decline in gross and operating margins suggests enduring cost pressure, adverse mix shifts, or pricing weakness. If sustained, lower margins will compress cash flow and returns, forcing strategic trade-offs on pricing, cost structure, or investment that affect medium-term profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / strong balance sheet
The company's near-zero leverage and materially improved balance-sheet stability reduce refinancing and solvency risk, enabling capacity for organic investment, resilience through cost cycles, and strategic optionality. This foundational strength supports sustained operations and competitive moves over months.
Read all positive factors
Cello World Limited (CELLO) vs. iShares MSCI India ETF (INDA)
Market Cap
₹83.31B
Dividend Yield0.27%
Average Volume (3M)9.78K
Price to Earnings (P/E)27.5
Beta (1Y)1.10
Revenue Growth8.77%
EPS Growth-9.21%
CountryIN
Employees5,736
SectorConsumer Defensive
Sector Strength42
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)15.02
Shares Outstanding220,885,040
10 Day Avg. Volume8,248
30 Day Avg. Volume9,782
Financial Highlights & Ratios
PEG Ratio-5.12
Price to Book (P/B)3.24
Price to Sales (P/S)3.77
P/FCF Ratio181.21
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹489.00Price Target Upside-10.09% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)17.37
Revenue Forecast (FY)₹25.62B
Cello World Limited Business Overview & Revenue Model
Company Description
Cello World Limited is a company dedicated to the production and global distribution of a wide array of consumer household and glassware products, serving markets both within India and internationally. Its extensive portfolio encompasses various c...
How the Company Makes Money
Cello World Limited makes money primarily by manufacturing and selling branded consumer products across multiple categories and distributing them through retail and trade channels. Revenue is generated from (1) Writing instruments and stationery: ...
Cello World Limited Financial Statement Overview
Summary
Income Statement
76
Positive
Balance Sheet
88
Very Positive
Cash Flow
62
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.65B | 23.24B | 21.36B | 20.00B | 17.91B | 13.54B |
| Gross Profit | 11.21B | 8.36B | 11.05B | 10.77B | 6.36B | 4.51B |
| EBITDA | 5.31B | 4.71B | 5.10B | 5.34B | 4.37B | 3.49B |
| Net Income | 3.29B | 3.32B | 3.39B | 3.31B | 2.66B | 2.04B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 30.03B | 26.42B | 19.72B | 15.52B | 13.34B |
| Cash, Cash Equivalents and Short-Term Investments | 6.40B | 7.26B | 6.56B | 1.48B | 1.62B | 1.70B |
| Total Debt | 0.00 | 381.13M | 52.90M | 3.71B | 3.35B | 4.63B |
| Total Liabilities | -24.08B | 3.02B | 2.33B | 6.02B | 10.15B | 10.61B |
| Stockholders Equity | 24.08B | 27.01B | 21.67B | 11.49B | 3.36B | 876.46M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 483.50M | 949.20M | -328.27M | 1.14B | 1.36B |
| Operating Cash Flow | 0.00 | 2.68B | 2.62B | 2.31B | 2.28B | 1.88B |
| Investing Cash Flow | 0.00 | -1.88B | -5.53B | -2.56B | -5.57B | -2.62B |
| Financing Cash Flow | 0.00 | -46.00M | 3.11B | 260.08M | 3.24B | 941.09M |
Cello World Limited Technical Analysis
Negative
543.90
Price Trends
403.51
Negative
428.76
Negative
506.82
Negative
Market Momentum
-7.63
Negative
44.34
Neutral
30.92
Neutral
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 383.12, above the 50-day MA of 403.51, and above the 200-day MA of 506.82, indicating a bearish trend. The MACD of -7.63 indicates Negative momentum. The RSI at 44.34 is Neutral, neither overbought nor oversold. The STOCH value of 30.92 is Neutral, 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
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | ₹73.45B | 45.55 | ― | 0.97% | 9.53% | 43.49% | |
64 Neutral | ₹83.31B | 27.46 | ― | 0.27% | 8.77% | -9.21% | |
64 Neutral | ₹52.20B | 35.79 | ― | ― | 10.37% | 20.73% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
53 Neutral | ₹35.89B | -40.71 | ― | 0.62% | -7.59% | -168.03% | |
50 Neutral | ₹160.92B | 63.62 | ― | 0.12% | 19.20% | 41.70% | |
45 Neutral | ₹46.02B | -33.56 | ― | 1.43% | -40.93% | -164.83% |
* Consumer Defensive Sector Average
IN:CELLO
Cello World Limited
380.75
-216.29
-36.23%
IN:BAJAJELEC
Bajaj Electricals Limited
320.55
-343.82
-51.75%
IN:CENTURYPLY
Century Plyboards (India) Ltd.
752.60
0.60
0.08%
IN:IFBIND
IFB Industries Ltd
1,269.50
-337.15
-20.98%
IN:SYMPHONY
Symphony Limited
673.80
-445.73
-39.81%
IN:TTKPRESTIG
TTK Prestige Limited
531.20
-87.40
-14.13%
Cello World Limited Corporate Events
Cello World implements merger scheme, boosts authorised capital and declares 30% final dividend
May 27, 2026
Cello World Limited’s board has implemented a composite scheme of arrangement involving Wim Plast Limited and Cello Consumer Products Private Limited, with the National Company Law Tribunal approving the merger effective May 27, 2026, and op...
Cello World Clears Restructuring Scheme, Sets Dividend and AGM Timeline
May 27, 2026
Cello World Limited has approved a composite scheme of arrangement involving Wim Plast Limited and Cello Consumer Products Private Limited, with the National Company Law Tribunal having sanctioned the transaction and April 1, 2025 set as the appoi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.