Is the FMCG - Coffee sector outperforming NIFTY 500?
FMCG - Coffee has outperformed NIFTY 500 by 22.7% over 52 weeks and 13.2% over 13 weeks. 2 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself.
FMCG - Coffee: CCL Products (India) Ltd owns the largest revenue base; Vintage Coffee & Beverages Ltd has the fastest current growth.
The FMCG - Coffee companies below are the listed Indian FMCG - Coffee universe this page tracks — the same constituent set people search for as the Nifty FMCG - Coffee index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
FMCG - Coffee has outperformed NIFTY 500 by 22.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 13.2%. 2 of 2 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. CCL Products (India) Ltd is the strongest against the sector itself at +6.4%.
Equal-weight current-member sector proxy and NIFTY 500 are rebased to 100 over the latest 52 weeks.
Sector metric: 8.7 as of 2026-07-19 · CONSOLIDATION · falling.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
FMCG - Coffee has outperformed NIFTY 500 by 22.7% over 52 weeks and 13.2% over 13 weeks. 2 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself. CCL Products (India) Ltd leads with revenue of ₹4,458 crore, based on 2 of 2 comparable companies through Mar 2026.
FMCG - Coffee has outperformed NIFTY 500 by 22.7% over 52 weeks and 13.2% over 13 weeks. 2 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself.
CCL Products (India) Ltd leads with revenue of ₹4,458 crore, based on 2 of 2 comparable companies through Mar 2026.
Vintage Coffee & Beverages Ltd has the fastest current revenue growth at 79.3%, across 2 of 2 comparable companies.
Vintage Coffee & Beverages Ltd ranks first at 66.8/100 with 91% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Vintage Coffee & Beverages Ltd has the lowest comparable gross debt at ₹124 crore. CCL Products (India) Ltd has the highest at ₹1,324 crore.
CCL Products (India) Ltd has the lowest comparable Guarded PEG at 1.01, among 2 of 2 companies that pass the metric’s comparability rules.
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
66.8/100 · Favorable setup · 91% evidence
Exact sum: 25.6 + 17.6 + 15.6 + 8 = 66.8
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
Revenue 79.3% · PAT 75.6% · OPM change 0 pp
100% evidence
ROCE 18.2% · debt/equity 0.22×
100% evidence
P/E 31.5× · PEG 1.09
85% evidence
RS sector -11.6% · RS bench 6.1% · 1Y 10.3%
70% evidence
64.9/100 · Mixed-positive evidence · 97% evidence
Exact sum: 26.3 + 14.5 + 10.1 + 14 = 64.9
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
Revenue 43.6% · PAT 25.2% · OPM change -4 pp
100% evidence
ROCE 15.8% · debt/equity 0.56×
100% evidence
P/E 40.7× · PEG 1.01
85% evidence
RS sector 6.4% · RS bench 18.6% · 1Y 35.8%
100% evidence
CCL Products (India) Ltd has the highest Revenue among the 2 FMCG - Coffee companies compared here, at ₹4,458 crore. Vintage Coffee & Beverages Ltd is next at ₹554 crore. Vintage Coffee & Beverages Ltd has the highest Revenue growth at 79.3%, so level and change sit with different companies.
What the numbers say: CCL Products (India) Ltd is the scale leader at ₹4,458 crore, 704.7% ahead of Vintage Coffee & Beverages Ltd. Vintage Coffee & Beverages Ltd's growth is 79.3% from a ₹554 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: CCL Products (India) Ltd is the scale benchmark; Vintage Coffee & Beverages Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: CCL Products (India) Ltd's growth falls below Vintage Coffee & Beverages Ltd's for two consecutive comparable reports while operating margin also compresses.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| CCL Products (India) Ltd CCL | ₹1.2K Cr | 46% | Mar 2026 |
| Vintage Coffee & Beverages Ltd VINCOFE | ₹165 Cr | 57% | Mar 2026 |
Vintage Coffee & Beverages Ltd has the highest OPM among the 2 FMCG - Coffee companies compared here, at 18%. CCL Products (India) Ltd is next at 16%. The same company also holds the highest Margin change, at 0 percentage points. 2 of 2 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Vintage Coffee & Beverages Ltd leads both opm at 18% and margin change at 0 percentage points.
Investor read: Vintage Coffee & Beverages Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Vintage Coffee & Beverages Ltd VINCOFE | 18% | 0.0 pp | Mar 2026 |
| CCL Products (India) Ltd CCL | 16% | −4.0 pp | Mar 2026 |
CCL Products (India) Ltd has the highest Net profit among the 2 FMCG - Coffee companies compared here, at ₹388 crore. Vintage Coffee & Beverages Ltd is next at ₹72 crore. Vintage Coffee & Beverages Ltd has the highest Profit growth at 75.6%, so level and change sit with different companies.
What the numbers say: CCL Products (India) Ltd leads with ₹388 crore of TTM profit, 438.9% above Vintage Coffee & Beverages Ltd. Vintage Coffee & Beverages Ltd shows 75.6% growth from a ₹72 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: CCL Products (India) Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| CCL Products (India) Ltd CCL | ₹115 Cr | 13% | Mar 2026 |
| Vintage Coffee & Beverages Ltd VINCOFE | ₹21 Cr | 31% | Mar 2026 |
No company in this FMCG - Coffee comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 2 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Mar 2026.
Vintage Coffee & Beverages Ltd has the lowest Gross debt among the 2 FMCG - Coffee companies compared here, at ₹124 crore. CCL Products (India) Ltd is next at ₹1,324 crore. The same company also holds the lowest Net debt, at ₹38 crore. 2 of 2 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Vintage Coffee & Beverages Ltd has the clearest covered balance-sheet capacity with ₹38 crore and gross debt of ₹124 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Gross debt | Net debt | Reported |
|---|---|---|---|
| CCL Products (India) Ltd CCL | ₹1.3K Cr | ₹1.1K Cr | Mar 2026 |
| Vintage Coffee & Beverages Ltd VINCOFE | ₹124 Cr | ₹38 Cr | Mar 2026 |
Vintage Coffee & Beverages Ltd has the highest ROCE among the 2 FMCG - Coffee companies compared here, at 18.2%. CCL Products (India) Ltd is next at 15.8%. CCL Products (India) Ltd has the highest ROCE change at +3.8 percentage points, so level and change sit with different companies. Its ROCE series carries 15 reported observations across the 20-quarter window.
What the numbers say: Vintage Coffee & Beverages Ltd leads ROCE at 18.2%, 2.4 percentage points above CCL Products (India) Ltd. CCL Products (India) Ltd has the strongest latest improvement at +3.8 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
Investor read: Vintage Coffee & Beverages Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| CCL Products (India) Ltd CCL | 21% | +3.8 pp | Mar 2026 |
| Vintage Coffee & Beverages Ltd VINCOFE | 14% | +1.1 pp | Mar 2026 |
CCL Products (India) Ltd has the lowest Guarded PEG among the 2 FMCG - Coffee companies compared here, at 1.01×. Vintage Coffee & Beverages Ltd is next at 1.09×. Vintage Coffee & Beverages Ltd has the lowest P/E at 31.5×, so level and change sit with different companies. Its Guarded PEG series carries 14 reported observations across the 20-quarter window.
What the numbers say: CCL Products (India) Ltd has the lowest comparable Guarded PEG at 1.01×, 7.3% below Vintage Coffee & Beverages Ltd. Only 2 of 2 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Guarded PEG | P/E | Reported |
|---|---|---|---|
| Vintage Coffee & Beverages Ltd VINCOFE | 1.1 | 27.1 | Mar 2026 |
| CCL Products (India) Ltd CCL | 1.0 | 37.6 | Mar 2026 |
Vintage Coffee & Beverages Ltd has the lowest EV/EBITDA among the 2 FMCG - Coffee companies compared here, at 19.9×. CCL Products (India) Ltd is next at 21.6×. The same company also holds the lowest P/BV, at 3.99×. 2 of 2 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Vintage Coffee & Beverages Ltd leads both ev/ebitda at 19.9× and p/bv at 3.99×.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | EV/EBITDA | P/BV | Reported |
|---|---|---|---|
| CCL Products (India) Ltd CCL | 21.6 | 6.8 | Mar 2026 |
| Vintage Coffee & Beverages Ltd VINCOFE | 19.9 | 3.7 | Mar 2026 |
CCL Products (India) Ltd has the strongest one-year price move in FMCG - Coffee at +35.8%. It also leads on Mansfield relative strength against NIFTY at +18.6%. 2 of 2 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-24.
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
This FMCG - Coffee comparison names 5 specific ways its own evidence can mislead, all listed below. All 2 companies here report on comparable dates, so no rank carries a stale marker. 1 of the 8 ranked sections has fewer than three usable current readings. A high growth rate can still be a low-base artefact.
All 2 companies in the canonical FMCG - Coffee membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.
| Company | Market value | Price | Priced to | Latest fundamentals | Source standing |
|---|---|---|---|---|---|
| CCL Products (India) Ltd CCL | ₹15.8K Cr | ₹1,184 | 2026-07-24 | Mar 2026 | Cross-checked |
| Vintage Coffee & Beverages Ltd VINCOFE | ₹2.3K Cr | ₹156 | 2026-07-24 | Mar 2026 | Cross-checked |
This comparison is built from the reported filings of 2 FMCG - Coffee companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.
These 18 answers restate the FMCG - Coffee comparison above in question form. Every one is computed from the same 2 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.
The Nifty FMCG - Coffee index tracks India's listed FMCG - Coffee companies as a single basket. This page follows the same 2 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the FMCG - Coffee sector rather than to its largest constituent. Figures are as of Mar 2026.
Ranked by this page's four-factor score, Vintage Coffee & Beverages Ltd places first among 2 listed FMCG - Coffee companies, followed by CCL Products (India) Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
This comparison covers 2 listed FMCG - Coffee companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.
CCL Products (India) Ltd is the largest, with trailing-twelve-month revenue of ₹4,458 crore, ahead of Vintage Coffee & Beverages Ltd at ₹554 crore. That covers 2 of 2 companies with comparable reporting through Mar 2026.
Vintage Coffee & Beverages Ltd has the fastest revenue growth at 79.3% year on year, across 2 of 2 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Vintage Coffee & Beverages Ltd has the highest operating margin at 18%, from 2 of 2 comparable companies. Vintage Coffee & Beverages Ltd shows the biggest recent improvement, at 0 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
CCL Products (India) Ltd earns the most, at ₹388 crore of trailing-twelve-month net profit, from 2 of 2 comparable companies. Vintage Coffee & Beverages Ltd has the fastest profit growth at 75.6%, though growth off a small or recovering profit base overstates how much has actually changed.
Vintage Coffee & Beverages Ltd leads on return on capital employed at 18.2%, across 2 of 2 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
On guarded PEG — where a LOWER number is cheaper — CCL Products (India) Ltd screens cheapest at 1.01×. Only 2 of 2 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Vintage Coffee & Beverages Ltd carries the lowest comparable gross debt at ₹124 crore, from 2 of 2 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
FMCG - Coffee has outperformed NIFTY 500 by 22.7% over the last 52 weeks and 13.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 2 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
CCL Products (India) Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Vintage Coffee & Beverages Ltd scores 66.8 out of 100 with 91% evidence confidence, from 25.6 points on growth and earnings, 17.6 on capital efficiency, 15.6 on valuation and 8 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
It compares 2 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
The 2 FMCG - Coffee companies on this page carry ₹18,079 crore of combined market value. CCL Products (India) Ltd is the largest at ₹15,804 crore, about 87% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.
2 of the 2 covered FMCG - Coffee companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 22.7% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-29.
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.