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Last Updated on: 21 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of CCL Products (India) Ltd

About the Company - CCL Products (India) Ltd

CCL Products India Ltd. is a Public Limited Listed company incorporated on 22/03/1961 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L15110AP1961PLC000874 and registration number is 000874. Currently Company is involved in the business activities of Coffee curing, roasting, grinding blending etc. and manufacturing of coffee products. Company’s Total Operating Revenue is Rs. 922.94 Cr. and Equity Capital is Rs. 26.61 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plantations - Tea & CoffeeDuggirala, Guntur District Andhra Pradesh 522330info@continental.coffee
http://www.cclproducts.com
Management
NamePosition Held
Mr. Challa Rajendra PrasadChairman & Executive Director
Mr. Challa SrishantManaging Director
Mr. B Mohan KrishnaExecutive Director
Mr. K K SarmaNon Executive Director
Ms. Challa Shantha PrasadNon Executive Director
Mr. Satyavada Venkata Ramachandra RaoNon Executive Director
Mr. Vipin K SingalInd. Non-Executive Director
Mrs. Kulsoom Noor SaifullahInd. Non-Executive Director
Mr. G V Krishna RauInd. Non-Executive Director
Mr. Kata ChandrahasInd. Non-Executive Director
Mr. K V ChowdaryInd. Non-Executive Director
Mr. Durga Prasad KodeInd. Non-Executive Director
Dr. Krishnanand LankaIndependent Director

Basic Stock Data of CCL Products (India) Ltd

Last Updated: July 20, 2024, 11:17 pm

Market Cap 7,886 Cr.
Current Price 591
High / Low694/551
Stock P/E31.5
Book Value 125
Dividend Yield0.93 %
ROCE12.4 %
ROE15.8 %
Face Value 2.00
PEG Ratio3.08

Data Source: screener.in

CCL Products (India) Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales296332326337423376509507535520655608664
Expenses227246254254331292421409435407549498554
Operating Profit6985728292848998101113106110111
OPM %23%26%22%24%22%22%17%19%19%22%16%18%17%
Other Income4300130002011
Interest455444571111151823
Depreciation13121414151617171910222322
Profit before tax56725465756867737195697067
Tax %16%31%18%24%22%23%21%21%-4%10%13%13%5%
Net Profit47494449585353587385616163
EPS in Rs3.543.703.303.714.403.963.964.345.496.414.564.574.76

Last Updated: July 10, 2024, 12:20 pm

CCL Products (India) Ltd Quarterly Chart

CCL Products (India) Ltd Profit & Loss

Last Updated: July 10, 2024, 12:20 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5026517178819329761,1381,0811,1391,2421,4622,0712,447
Expenses4155295747097277448998368539451,1311,6712,007
Operating Profit87121143171205232239245286298331400440
OPM %17%19%20%19%22%24%21%23%25%24%23%19%18%
Other Income2233115343435
Interest152117141111881817163467
Depreciation20292927283334324749576477
Profit before tax5474100134167189202209225235261305301
Tax %33%36%35%30%27%29%27%26%26%22%22%12%
Net Profit36476494122135148155166182204269270
EPS in Rs2.723.574.847.069.1810.1211.1411.6412.4713.7015.3620.2120.30
Dividend Payout %18%14%25%21%27%25%22%30%40%29%33%27%

CCL Products (India) Ltd Profit & Loss Yearly Chart

CCL Products (India) Ltd Growth

Compounded Sales Growth
10 Years:14%
5 Years:20%
3 Years:29%
TTM:28%
Compounded Profit Growth
10 Years:15%
5 Years:10%
3 Years:11%
TTM:-7%
Stock Price CAGR
10 Years:24%
5 Years:20%
3 Years:15%
1 Year:-18%
Return on Equity
10 Years:19%
5 Years:18%
3 Years:18%
Last Year:16%

Last Updated: July 9, 2024, 10:38 pm

CCL Products (India) Ltd Balance Sheet

Last Updated: July 10, 2024, 12:20 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital13132727272727272727272727
Reserves2262653263954836027138129021,0611,2241,4561,559
Borrowings2683022922292101423114164695596559201,142
Other Liabilities638680111817883166112142164195175
Total Liabilities5716677257628018481,1341,4221,5091,7882,0702,5972,903
Fixed Assets2573343613404173933713837247988821,2571,280
CWIP9403953002264241001491605492
Investments2222221110000
Other Assets2183313243673824535356136848411,0281,2861,531
Total Assets5716677257628018481,1341,4221,5091,7882,0702,5972,903

CCL Products (India) Ltd Reserves and Borrowings Chart

CCL Products (India) Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 251251051611021451629117111619855
Cash from Investing Activity -38-58-19-87-20-247-175-88-153-192-332-514
Cash from Financing Activity 16-42-93-82-8412942-37649164559
Net Cash Flow425-8-8-22729-3582-6730100

CCL Products (India) Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days495447506158798688807868
Inventory Days1481181169912197123170198262187185
Days Payable271829885351613232423
Cash Conversion Cycle170155134142174150168240272319241230
Working Capital Days103908482118130105149147212184192
ROCE %17%19%23%26%27%23%19%18%17%16%16%

CCL Products (India) Ltd Financial Efficiency Indicators Chart

CCL Products (India) Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters46.19%46.19%46.20%46.26%46.26%46.26%46.26%46.26%46.26%46.26%46.26%46.26%
FIIs10.32%9.21%9.29%8.19%5.80%7.56%7.59%7.75%7.70%7.75%7.77%8.12%
DIIs16.59%17.73%18.30%19.45%22.34%21.85%21.81%21.06%21.05%21.39%21.44%21.73%
Public26.89%26.87%26.20%26.10%25.59%24.32%24.36%24.95%24.99%24.61%24.54%23.89%
No. of Shareholders42,71763,30163,44467,71761,48351,50853,54157,39460,91864,00361,20255,495

CCL Products (India) Ltd Shareholding Pattern Chart

No. of CCL Products (India) Ltd Shareholders

CCL Products (India) Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Axis Small Cap Fund7,234,6102.89467.141,457,5802024-07-20396.34%
SBI Magnum Global Fund4,400,0004.5284.111,457,5802024-07-20201.87%
Franklin India Smaller Companies Fund2,860,2791.9184.691,457,5802024-07-2096.23%
ICICI Prudential Smallcap Fund1,722,8641.84111.251,457,5802024-07-2018.2%
HSBC Small Cap Fund - Regular Plan1,457,5800.8194.121,457,5802024-07-200%
360 ONE Focused Equity Fund957,9401.3461.851,457,5802024-07-20-34.28%
Nippon India Small Cap Fund909,1350.1658.71,457,5802024-07-20-37.63%
Axis Multicap Fund823,2051.2253.151,457,5802024-07-20-43.52%
Aditya Birla Sun Life Small Cap Fund796,6981.1151.441,457,5802024-07-20-45.34%
Canara Robeco Equity Tax Saver730,0000.7747.141,457,5802024-07-20-49.92%

CCL Products (India) Ltd ROCE Trend

CCL Products (India) Ltd EPS Trend

CCL Products (India) Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)18.8020.2115.3613.7012.47
Diluted EPS (Rs.)18.7620.2115.3613.7012.47
Cash EPS (Rs.)26.1425.0019.6817.4216.02
Book Value[Excl.RevalReserv]/Share (Rs.)125.82111.4294.0281.7369.79
Book Value[Incl.RevalReserv]/Share (Rs.)125.82111.4294.0281.7369.79
Revenue From Operations / Share (Rs.)199.48155.70109.9093.4085.63
PBDIT / Share (Rs.)33.9530.3025.1922.6421.83
PBIT / Share (Rs.)26.6125.5120.8718.9218.29
PBT / Share (Rs.)20.7722.9319.6517.6516.94
Net Profit / Share (Rs.)18.8020.2115.3613.7012.47
NP After MI And SOA / Share (Rs.)18.8020.2115.3613.7012.47
PBDIT Margin (%)17.0119.4622.9224.2325.49
PBIT Margin (%)13.3316.3818.9920.2621.35
PBT Margin (%)10.4014.7217.8718.8919.77
Net Profit Margin (%)9.4212.9813.9714.6614.56
NP After MI And SOA Margin (%)9.4212.9813.9714.6614.56
Return on Networth / Equity (%)14.9418.1416.3316.7617.87
Return on Capital Employeed (%)15.6719.2719.2819.0719.72
Return On Assets (%)7.0710.359.8710.1910.99
Long Term Debt / Equity (X)0.300.130.080.160.26
Total Debt / Equity (X)0.960.610.440.430.42
Asset Turnover Ratio (%)0.860.680.540.530.59
Current Ratio (X)1.361.491.571.692.30
Quick Ratio (X)0.740.790.741.011.36
Inventory Turnover Ratio (X)2.381.571.351.352.15
Dividend Payout Ratio (NP) (%)0.0024.7332.5414.5954.11
Dividend Payout Ratio (CP) (%)0.0019.9925.4011.4842.14
Earning Retention Ratio (%)0.0075.2767.4685.4145.89
Cash Earning Retention Ratio (%)0.0080.0174.6088.5257.86
Interest Coverage Ratio (X)5.8111.7220.4917.7616.17
Interest Coverage Ratio (Post Tax) (X)4.228.8213.4911.7510.24
Enterprise Value (Cr.)9248.478386.005873.653469.072742.65
EV / Net Operating Revenue (X)3.494.054.022.792.41
EV / EBITDA (X)20.4820.8017.5311.529.44
MarketCap / Net Operating Revenue (X)2.943.653.672.512.10
Retention Ratios (%)0.0075.2667.4585.4045.88
Price / BV (X)4.665.104.292.862.57
Price / Net Operating Revenue (X)2.943.653.672.512.10
EarningsYield0.030.030.030.050.06

CCL Products (India) Ltd Profitability Ratios (%)

CCL Products (India) Ltd Liquidity Ratios

CCL Products (India) Ltd Liquidity Ratios (%)

CCL Products (India) Ltd Interest Coverage Ratios (%)

CCL Products (India) Ltd Valuation Ratios

Fair Value

Fair Value: 627.91

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 6.25% compared to the current price 591

Intrinsic Value: 692.19

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 17.12% compared to the current price 591

Last 5 Year EPS CAGR: 10.24%

*Investments are subject to market risks

Strength and Weakness of CCL Products (India) Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 18.42%, which is a positive sign.
  2. The company has higher reserves (823.83 cr) compared to borrowings (510.58 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (359.08 cr) and profit (188.92 cr) over the years.
  1. The stock has a high average Working Capital Days of 133.00, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 199.58, which may not be favorable.

FAQ

What is the latest fair value of CCL Products (India) Ltd?

The latest fair value of CCL Products (India) Ltd is ₹627.91.

What is the Market Cap of CCL Products (India) Ltd?

The Market Cap of CCL Products (India) Ltd is 7,886 Cr..

What is the current Stock Price of CCL Products (India) Ltd as on 21 July 2024?

The current stock price of CCL Products (India) Ltd as on 21 July 2024 is 591.

What is the High / Low of CCL Products (India) Ltd stocks in FY 2024?

In FY 2024, the High / Low of CCL Products (India) Ltd stocks is 694/551.

What is the Stock P/E of CCL Products (India) Ltd?

The Stock P/E of CCL Products (India) Ltd is 31.5.

What is the Book Value of CCL Products (India) Ltd?

The Book Value of CCL Products (India) Ltd is 125.

What is the Dividend Yield of CCL Products (India) Ltd?

The Dividend Yield of CCL Products (India) Ltd is 0.93 %.

What is the ROCE of CCL Products (India) Ltd?

The ROCE of CCL Products (India) Ltd is 12.4 %.

What is the ROE of CCL Products (India) Ltd?

The ROE of CCL Products (India) Ltd is 15.8 %.

What is the Face Value of CCL Products (India) Ltd?

The Face Value of CCL Products (India) Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in CCL Products (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE