Cello World Limited (CELLO) AI Stock Analysis

• Market Cap: ₹89.68B
• Dividend Yield: 0.27%
• Average Volume (3M): 9.78K
• Price to Earnings (P/E): 47.1
• Beta (1Y): 1.33
• 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: 61 Neutral
• Price Target: ₹428.00 ▼(-21.31% Downside)
• Action: Reiterated Date: 03/07/26
• Date: Action: Reiterated 03/07/26

The score is supported by strong underlying financial performance (growth, profitability, and low leverage), but is materially offset by very weak technical conditions (downtrend and negative momentum) and a demanding valuation (high P/E with a low dividend yield).

Positive Factors

Revenue growth and margins

Consistent revenue growth paired with healthy gross and net margins indicates durable demand for Cello's consumer products and effective cost management. That combination supports long-term profit generation, reinvestment in distribution/brand, and resilience through normal economic cycles.

Balance sheet strength

A low leverage profile and strong equity ratio provide financial flexibility to fund expansion, weather downturns, and avoid costly refinancing. High ROE shows management extracts solid returns from shareholder capital, supporting sustainable investment without overreliance on debt.

Cash generation capability

Positive operating cash flow and improving free cash flow underpin the company's ability to fund working capital, capex and dividends from operations rather than external finance. This cash-generation base supports long-term operational stability and strategic reinvestment.

Negative Factors

Earnings trend

A negative EPS growth rate signals underlying earnings pressure that could reflect margin compression, cost inflation, or product-mix shifts. If persistent, declining EPS constrains retained earnings and reduces flexibility for sustained reinvestment or shareholder returns over the medium term.

Volatile free cash flow growth

Volatility in free cash flow complicates capital allocation and makes long-term planning harder. Irregular FCF can force intermittent external financing, delay capex or increase opportunistic working-capital measures, undermining the predictability of cash available for strategic initiatives.

Input-cost and working-capital sensitivity

Heavy exposure to polymer input prices and inventory/receivables cycles in wide retail channels makes margins and cash conversion sensitive to commodity swings and trade credit terms. This structural sensitivity can erode profitability and require active working-capital controls.

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

Strong income statement performance (revenue growth and healthy EBIT/EBITDA margins) and a stable balance sheet with low leverage support a high score. Cash flow is positive with good earnings quality, but volatile free cash flow growth moderates the overall financial performance score.

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: 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 456.35, above the 50-day MA of 493.43, and below the 200-day MA of 571.23, indicating a bearish trend. The MACD of -25.96 indicates Positive momentum. The RSI at 21.63 is Positive, neither overbought nor oversold. The STOCH value of 25.44 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SYMPHONY	70 Outperform	₹51.92B	73.49	―	1.43%	-19.72%	-44.03%
IFBIND	63 Neutral	₹43.62B	66.01	―	―	12.08%	28.97%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
CELLO	61 Neutral	₹89.68B	47.06	―	0.27%	11.42%	-4.32%
BAJAJELEC	59 Neutral	₹41.15B	-40.37	―	0.62%	0.80%	-4.31%
TTKPRESTIG	59 Neutral	₹64.18B	64.27	―	0.97%	4.48%	-49.18%
CENTURYPLY	55 Neutral	₹157.05B	72.08	―	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.