CCL Products (I) Ltd
NSE: CCL · Tea & Coffee · sector
₹903.20NSE close 2026-10-26
Key numbers
Market cap₹12,060 cr
Price₹903.20
52w high / low₹1,242 / ₹832
P/E26.1xSector median 8.9x
P/B4.5xSector median 0.7x
Book value₹199.5
Dividend yield0.86%Sector median 0.86%
ROE19.4%Sector median 3.7%
ROCE16.5%Sector median 5.0%
OPM16.7%Sector median 6.9%
Debt / equity0.45xSector median 0.22x
EV/EBITDA16.4xSector median 14.1x
Interest cover5.4x
Current ratio1.82x
Sales growth 3y+29.1%Sector median -1.6%
Profit growth 3y+13.0%Sector median +9.0%
PEG2.01x
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 21 companies in Tea & Coffee (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹218 cr vs borrowings ₹1,291 cr (FY26): borrowings are higher by ₹1,073 cr.
- Operating profit covered interest 5.4x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 3% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹903.20 on 2026-10-26: -27.3% from the 52-week high, +8.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,223.00 · low ₹556.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 758 | 836 | 1,056 | 1,127 | 1,051 | 1,224 | 1,200 | 1,211 |
| EBITDA | 124 | 163 | 159 | 197 | 185 | 192 | 194 | 212 |
| OPM % | 16.4% | 19.5% | 15.1% | 17.5% | 17.6% | 15.7% | 16.1% | 17.5% |
| Other income | 3 | 4 | 2 | 1 | 3 | 2 | 3 | 5 |
| Net profit | 63 | 102 | 72 | 101 | 100 | 115 | 117 | 130 |
| EPS (₹) | 4.73 | 7.65 | 5.45 | 7.57 | 7.53 | 8.60 | 8.77 | 9.77 |
| Revenue YoY | +38.5% | +46.5% | +13.7% | +7.5% | ||||
| Profit YoY | +59.1% | +12.4% | +61.3% | +29.0% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,462 | 2,071 | 2,654 | 3,106 | 4,457 | 4,686 |
| EBITDA | 331 | 400 | 445 | 555 | 733 | 782 |
| Net profit | 204 | 269 | 250 | 310 | 388 | 462 |
| EPS (₹) | 15.36 | 20.21 | 18.80 | 23.31 | 29.15 | 34.67 |
| Revenue growth | +41.7% | +28.1% | +17.0% | +43.5% | +24.1% | |
| Profit growth | +31.6% | -7.0% | +24.1% | +25.1% | +36.5% | |
| Dividend / share (₹) | 5.00 | 5.00 | 5.00 | 2.00 | 7.75 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +29.1% | +29.1% | +24.1% |
| Net profit | +13.0% | +16.3% | +36.5% |
| EPS | +13.0% | +16.3% | – |
| Share price | – | +21.6% (2y) | +12.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,482 | 1,674 | 1,967 | 2,345 |
| Borrowings | – | 916 | 1,621 | 1,813 | 1,291 |
| Cash & equivalents | – | 83 | 170 | 98 | 218 |
| Total assets | – | 2,597 | 3,536 | 4,241 | 4,326 |
| Fixed assets | – | 1,257 | 1,250 | 1,620 | 2,027 |
| Capital work in progress | – | 54 | 501 | 452 | 3 |
| Investments | – | 0 | 0 | 0 | 3 |
| Receivables | – | 441 | 497 | 690 | 817 |
| Inventory | – | 578 | 788 | 1,052 | 1,042 |
| Payables | – | 74 | 100 | 221 | 254 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 101 | 198 | 55 | 290 | 858 |
| Cash from investing | -190 | -332 | -514 | -416 | -70 |
| Cash from financing | 25 | 164 | 559 | 53 | -757 |
| Capex | 190 | 332 | 513 | 418 | 70 |
| Free cash flow | -89 | -134 | -458 | -128 | 788 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 18.1% | 14.9% | 15.8% | 16.6% |
| ROCE % | – | 14.2% | 10.7% | 12.3% | 16.2% |
| Debtor days | – | 78 | 68 | 81 | 67 |
| Inventory days | – | 187 | 185 | 208 | 131 |
| Payable days | – | 24 | 23 | 44 | 32 |
| Cash conversion cycle (days) | – | 241 | 230 | 245 | 166 |
| Working capital days | – | 72 | 64 | 53 | 59 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 46.16% |
| FIIs | 12.12% |
| DIIs | 21.41% |
| of which Mutual funds | 18.89% |
| of which Insurance | 0.09% |
| Government | 0.00% |
| Public (non-institutions) | 20.18% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 46.09% | 46.09% | 46.09% | 46.11% | 46.11% | 46.11% | 46.14% | 46.16% |
| Promoter group | % |
|---|---|
| Challa Shantha Prasad | 24.06% |
| Challa Srishant | 10.57% |
| Challa Rajendra Prasad | 10.02% |
| Challa Ajitha | 0.76% |
| Mohan Krishna B | 0.75% |
| Challa Soumya | 0.00% |
| C Shantha Prasadsrishant Challa | 0.00% |
| Public holders above 1% | % |
|---|---|
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small CAP Fund | 5.39% |
| HSBC Mutual Fund - HSBC Aggressive Hybrid Fund | 3.55% |
| SBI MNC Fund | 2.27% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 2.16% |
| Heleanna Gabrielle Georgalis | 1.33% |
| Svadha India Emerging Opportunities Scheme | 1.25% |
| Parag Parikh Elss TAX Saver Fund | 1.05% |
65,916 shareholders. Pledged: 0.00% of promoter shares.
Peers in Tea & Coffee
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TATACONSUM | ₹92,676 cr | 56.7x | 4.2x | 7.8% | 10.2% | 13.8% | +13.8% | 0.88% |
| CCL | ₹12,060 cr | 26.1x | 4.5x | 19.4% | 16.5% | 16.7% | +29.1% | 0.86% |
| VINCOFE | ₹2,148 cr | 27.2x | 3.8x | 18.1% | 16.0% | 18.5% | – | 0.06% |
| ANDREWYU | ₹1,074 cr | 25.9x | 3.3x | -12.5% | -13.1% | -27.0% | -7.6% | – |
| MCLEODRUSS | ₹478 cr | – | – | – | -14.2% | -12.6% | -5.5% | – |
| GOODRICKE | ₹456 cr | 3.8x | 1.5x | 22.0% | 21.3% | 8.4% | -3.2% | 0.02% |
| JAYSREETEA | ₹229 cr | – | 0.6x | -5.4% | 1.7% | 2.6% | +4.6% | 0.64% |
| GILLANDERS | ₹208 cr | 11.9x | 0.8x | 6.9% | 7.9% | 6.9% | -1.4% | – |
| NEAGI | ₹194 cr | 5.3x | 0.6x | 11.7% | 11.6% | 151.6% | +0.7% | 0.96% |
| ROSSELLIND | ₹176 cr | 15.1x | 0.9x | 6.0% | 7.4% | 9.4% | -13.8% | 0.86% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-01 | Dividend | Dividend - Rs 3 Per Share |
| 2026-02-10 | Dividend | Interim Dividend - Rs 2.75 Per Share |
| 2025-08-07 | Dividend | Dividend - Rs 5 Per Share |
| 2024-09-13 | Dividend | Dividend - Rs 2 Per Share |
| 2024-02-15 | Dividend | Interim Dividend - Rs 2.50 Per Share |
| 2023-08-11 | Dividend | Dividend - Rs 2.50 Per Share |
| 2023-01-31 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2022-08-25 | Dividend | Dividend - Rs 2 Per Share |
| 2022-01-31 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2021-08-18 | Dividend | Dividend - Rs 2 Per Share |
| 2021-08-18 | Other | Annual General Meeting |
| 2020-10-28 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2020-03-06 | Dividend | Interim Dividend - Rs 1.5 Per Share Special Dividend - Rs 1.5 Per Share |
| 2020-02-06 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2019-08-01 | Dividend | Annual General Meeting/Dividend - Rs 1.75 Per Share |
| 2019-04-02 | Dividend | Interim Dividend - Rs 1.75 Per Share |
| 2018-07-06 | Dividend | Dividend- Rs 2.50 Per Share |
| 2017-07-04 | Dividend | Dividend - Rs 2.50 Per Share (Book Closure Dates Revised) |
| 2016-09-16 | Dividend | Dividend - Re 1/- Per Share |
| 2016-03-17 | Dividend | Interim Dividend - Rs 1.50 Per Share (Purpose Revised) |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Food & Beverages (Coffee and coffee-related products)
| Sector | Fast Moving Consumer Goods |
| Industry | Tea & Coffee |
| Sub-industry | Tea & Coffee |
| Symbol | CCL |
| BSE code | 519600 |
| ISIN | INE421D01022 |
| Face value | ₹2.0 |
| Incorporated | 1961-03-22 |
| Website | www.cclproducts.com |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.