In Week of Mar 28, 2026, CCL Products (India) Ltd (FMCG - Coffee) is outperforming Nifty 500 with +23.9% relative strength. Fundamentals: Average. On a 4-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Mar 7, 2026
What: Current 65-70% utilization expected to reach 85-90% without major capex, boosting volume by 20-25%
Impact: +₹200 Cr revenue
“Overall capacity utilization currently sits around 65% to 70%. The company expects to reach 85% to 90% utilization levels within the next two years”
What: EBITDA per kilo stable at ₹135-140 despite coffee price volatility
“EBITDA per kilo has improved to the ₹135–₹140 levels, which management intends to maintain long-term”
What: Branded sales growing from ₹330 cr (9M) to target ₹430-440 cr for full year
Impact: +₹100 Cr revenue
“Branded sales were around ₹330 crores for the 9-month period... targeting ₹430-440 crores for the full year”
Earnings deceleration risks from management commentary
Trigger: Coffee prices rising >25% in short period
Impact: -200 bps margin impact
Management view: Management maintained stable guidance, emphasizing volume and EBITDA growth over short-term coffee price fluctuations
Monitor: Green coffee price volatility
Trigger: Branded sales growth <15% YoY
Impact: -150 bps margin impact
Management view: Management stated they will wait one to two months post the Lunar New Year holidays to issue detailed guidance
Monitor: Domestic branded sales growth rate
Key quotes from recent conference calls
“Overall capacity utilization currently sits around 65% to 70%. The company expects to reach 85% to 90% utilization levels within the next two years — Management”
“The company strongly reiterated its cost-plus pricing model, assuring analysts that EBITDA per kilo remains stable and unimpacted by volatility in green coffee prices. EBITDA per kilo has improved to the ₹135–₹140 levels, which management intends to maintain long-term — Management”
“Gross sales were approximately ₹180 crores for the quarter, with branded sales contributing close to ₹120 crores. For the 9-month period, branded sales were around ₹330 crores — Management”
“While the guidance for the current year's EBITDA growth (initially 15%-20% Y-o-Y) has already been revised up to approximately 25%, management stated they will wait one to two months post the Lunar New Year holidays to issue detailed guidance for the following fiscal year, contingent on stable coffee prices and contract evolution — Management”
Forward-looking targets from management for FY26
Implied PAT Growth
25%
Key Milestones
• 85-90% capacity utilization within 2 years
• Debt reduction to ₹1,250 cr by March 2026
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +39% | +29% | Stable |
| PAT (Net Profit) | +59% | +15% | Stable |
| OPM | 18.0% | +200 bps | Stable |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Mar 7, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
CCL Products (India) Ltd's latest quarterly results (Dec 2025) show
CCL Products (India) Ltd's profit is growing with an stable trend.
CCL Products (India) Ltd's revenue growth trend is stable.
CCL Products (India) Ltd's operating margin is stable.
CCL Products (India) Ltd's long-term compounding rates
CCL Products (India) Ltd's earnings growth is stable with mixed signals on a sequential basis.
CCL Products (India) Ltd's trailing twelve month (TTM) performance
CCL Products (India) Ltd appears fairly valued based on our fair value analysis.
CCL Products (India) Ltd's current PE ratio is 37.6x.
CCL Products (India) Ltd's current PE is 37.6x.
CCL Products (India) Ltd's price-to-book ratio is 6.8x.
CCL Products (India) Ltd is rated Average with a fundamental score of 47/100. This score is calculated from objective financial metrics
CCL Products (India) Ltd has a debt-to-equity ratio of N/A.
CCL Products (India) Ltd's return ratios over recent years
CCL Products (India) Ltd's operating cash flow is positive (FY2025).
CCL Products (India) Ltd's current dividend yield is 0.47%.
CCL Products (India) Ltd's shareholding pattern (Dec 2025)
CCL Products (India) Ltd's promoter holding has remained stable recently.
CCL Products (India) Ltd has been outperforming Nifty 500 for 4 consecutive weeks, indicating building momentum.
CCL Products (India) Ltd is an established outperformer with 4 weeks of consecutive Nifty 500 outperformance.
CCL Products (India) Ltd has 3 key growth catalysts identified from recent earnings analysis
CCL Products (India) Ltd has 2 key risks worth monitoring
In Q3 FY26, CCL Products (India) Ltd's management highlighted
CCL Products (India) Ltd's management has provided the following forward guidance for FY26
Based on quantitative research signals, here is why CCL Products (India) Ltd may be worth studying
CCL Products (India) Ltd investment thesis summary:
CCL Products (India) Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
