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Last Updated: April 2, 2026, 2:45 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 519600 | NSE: CCL

CCL Products (India) Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹820.57Overvalued by 24.16%vs CMP ₹1,082.00

P/E (38.5) × ROE (17.0%) × BV (₹156.00) × DY (0.46%)

₹422.80Overvalued by 60.92%vs CMP ₹1,082.00
MoS: -155.9% (Negative)Confidence: 68/100 (Moderate)Models: All 9: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹926.0722%Over (-14.4%)
Graham NumberEarnings₹314.1716%Over (-71%)
Earnings PowerEarnings₹54.4713%Over (-95%)
DCFCash Flow₹400.8913%Over (-62.9%)
Net Asset ValueAssets₹156.257%Over (-85.6%)
EV/EBITDAEnterprise₹367.019%Over (-66.1%)
Earnings YieldEarnings₹281.207%Over (-74%)
ROCE CapitalReturns₹442.019%Over (-59.1%)
Revenue MultipleRevenue₹232.545%Over (-78.5%)
Consensus (9 models)₹422.80100%Overvalued
Key Drivers: Wide model spread (₹54–₹926) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 12.9%

*Investments are subject to market risks

Investment Snapshot

69
CCL Products (India) Ltd scores 69/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health73/100 · Strong
ROCE 13.1% GoodROE 17.0% GoodD/E 0.43 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money75/100 · Strong
FII holding up 0.81% (6mo) Slight increaseDII holding up 0.65% MF buyingPromoter holding at 46.1% Stable
Earnings Quality40/100 · Moderate
OPM contracting (21% → 18%) Declining
Quarterly Momentum90/100 · Strong
Revenue (4Q): +36% YoY AcceleratingProfit (4Q): +37% YoY Strong
Industry Rank75/100 · Strong
P/E 38.5 vs industry 52.2 In-lineROCE 13.1% vs industry 7.9% Above peers3Y sales CAGR: 29% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:45 am

Market Cap 14,452 Cr.
Current Price 1,082
Intrinsic Value₹422.80
High / Low 1,109/475
Stock P/E38.5
Book Value 156
Dividend Yield0.46 %
ROCE13.1 %
ROE17.0 %
Face Value 2.00
PEG Ratio2.99

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for CCL Products (India) Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
CCL Products (India) Ltd 14,452 Cr. 1,082 1,109/47538.5 1560.46 %13.1 %17.0 % 2.00
Bombay Burmah Trading Corporation Ltd 9,799 Cr. 1,404 2,156/1,3019.05 8971.21 %35.5 %21.9 % 2.00
Tata Coffee Ltd 6,440 Cr. 345 /35.8 99.30.00 %9.78 %10.1 % 1.00
Andrew Yule & Company Ltd 838 Cr. 17.1 36.5/15.581.8 7.390.00 %6.83 %7.96 % 2.00
Mcleod Russel India Ltd 333 Cr. 31.9 68.7/28.5 6.080.00 %1.85 %142 % 5.00
Industry Average8,439.13 Cr368.0352.18265.000.47%7.88%16.74%7.00

All Competitor Stocks of CCL Products (India) Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 5355206556086647277737387588361,0561,1271,051
Expenses 435407549498554609643601634673897930866
Operating Profit 101113106110111118130137124163159197185
OPM % 19%22%16%18%17%16%17%19%16%20%15%18%18%
Other Income 0201141134213
Interest 11111518232121273134343332
Depreciation 19102223223123242527343939
Profit before tax 71956970677087877210694127116
Tax % -4%10%13%13%5%7%18%15%12%4%23%21%14%
Net Profit 73856161636571746310272101100
EPS in Rs 5.496.414.564.574.764.885.355.544.727.635.437.557.51

Last Updated: February 6, 2026, 9:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 5:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 7178819329761,1381,0811,1391,2421,4622,0712,6543,1064,069
Expenses 5747097277448998368539451,1311,6712,2082,5513,364
Operating Profit 143171205232239245286298331400445555704
OPM % 20%19%22%24%21%23%25%24%23%19%17%18%17%
Other Income 33115343436810
Interest 17141111881817163478113133
Depreciation 292728333432474957649898138
Profit before tax 100134167189202209225235261305276352443
Tax % 35%30%27%29%27%26%26%22%22%7%9%12%
Net Profit 6494122135148155166182204284250310375
EPS in Rs 4.847.069.1810.1211.1411.6412.4713.7015.3621.3518.7323.2428.12
Dividend Payout % 25%21%27%25%22%30%40%29%33%21%24%22%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)46.88%29.79%10.66%9.63%4.73%7.10%9.64%12.09%39.22%-11.97%24.00%
Change in YoY Net Profit Growth (%)0.00%-17.09%-19.13%-1.03%-4.90%2.37%2.54%2.45%27.13%-51.19%35.97%

CCL Products (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:13%
5 Years:22%
3 Years:29%
TTM:22%
Compounded Profit Growth
10 Years:13%
5 Years:13%
3 Years:15%
TTM:19%
Stock Price CAGR
10 Years:16%
5 Years:29%
3 Years:23%
1 Year:11%
Return on Equity
10 Years:19%
5 Years:18%
3 Years:18%
Last Year:17%

Last Updated: September 5, 2025, 1:40 am

Balance Sheet

Last Updated: December 4, 2025, 1:05 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 27272727272727272727272727
Reserves 3263954836027138129021,0611,2241,4711,6471,9412,060
Borrowings 2922292101423114164695596559201,6221,8151,628
Other Liabilities 80111817883166112142164180240459574
Total Liabilities 7257628018481,1341,4221,5091,7882,0702,5973,5364,2414,288
Fixed Assets 3613404173933713837247988821,2571,2521,6222,027
CWIP 3953002264241001491605450145018
Investments 2222111000000
Other Assets 3243673824535356136848411,0281,2861,7832,1692,244
Total Assets 7257628018481,1341,4221,5091,7882,0702,5973,5364,2414,288

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1251051611021451629117111617355290
Cash from Investing Activity + -58-19-87-20-247-175-88-153-192-307-527-415
Cash from Financing Activity + -42-93-82-8412942-3764916455953
Net Cash Flow 25-8-8-22729-3582-673086-72
Free Cash Flow 65847484-78-80216-74-159-458-128
CFO/OP 110%86%97%67%84%89%50%66%47%52%19%57%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-149.00-58.00-5.0090.00-72.00-171.00-183.00-261.00-324.00-520.00444.00554.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 544750615879868880786881
Inventory Days 1181169912197123170198262187185208
Days Payable 182988535161323242344
Cash Conversion Cycle 155134142174150168240272319241230246
Working Capital Days 3645378189431035977584042
ROCE %19%23%26%27%23%19%18%17%16%16%12%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 46.26%46.26%46.26%46.26%46.26%46.09%46.09%46.09%46.09%46.09%46.11%46.11%
FIIs 7.75%7.70%7.75%7.77%8.12%9.76%10.17%10.14%10.20%10.64%10.52%11.01%
DIIs 21.06%21.05%21.39%21.44%21.73%20.57%21.01%21.06%20.88%21.19%21.83%21.53%
Public 24.95%24.99%24.61%24.54%23.89%23.60%22.73%22.73%22.82%21.80%21.29%21.11%
Others 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.26%0.25%0.25%
No. of Shareholders 57,39460,91864,00361,20255,49558,89053,64552,65152,97054,98855,69060,552

Shareholding Pattern Chart

No. of Shareholders

CCL Products (India) Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Axis Small Cap Fund 6,890,846 2.62 668.766,893,6022026-01-24 13:24:22-0.04%
Franklin India Small Cap Fund 3,010,279 2.29 292.153,260,2792025-12-15 00:22:23-7.67%
Motilal Oswal Small Cap Fund 2,551,839 4.49 247.662,521,0842026-02-22 05:44:521.22%
HSBC Small Cap Fund 2,135,279 1.38 207.232,071,6542026-02-23 05:27:573.07%
SBI MNC Fund 2,100,000 3.64 203.812,400,0002026-02-23 09:03:05-12.5%
Parag Parikh ELSS Tax Saver Fund 1,401,976 2.36 136.06N/AN/AN/A
HSBC Value Fund 1,380,800 0.92 134.01N/AN/AN/A
Aditya Birla Sun Life Small Cap Fund 1,078,825 2.19 104.7N/AN/AN/A
Canara Robeco ELSS Tax Saver Fund 808,294 0.9 78.44846,2042026-01-24 05:07:04-4.48%
HSBC Multi Cap Fund 610,453 1.14 59.24598,0002026-02-21 21:34:412.08%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 23.3118.8020.2115.3613.70
Diluted EPS (Rs.) 23.2618.7620.2115.3613.70
Cash EPS (Rs.) 30.6126.1425.0019.6817.42
Book Value[Excl.RevalReserv]/Share (Rs.) 147.33125.82111.4294.0281.73
Book Value[Incl.RevalReserv]/Share (Rs.) 147.33125.82111.4294.0281.73
Revenue From Operations / Share (Rs.) 232.59199.48155.70109.9093.40
PBDIT / Share (Rs.) 42.2033.9530.3025.1922.64
PBIT / Share (Rs.) 34.8326.6125.5120.8718.92
PBT / Share (Rs.) 26.3820.7722.9319.6517.65
Net Profit / Share (Rs.) 23.2418.8020.2115.3613.70
NP After MI And SOA / Share (Rs.) 23.2418.8020.2115.3613.70
PBDIT Margin (%) 18.1417.0119.4622.9224.23
PBIT Margin (%) 14.9713.3316.3818.9920.26
PBT Margin (%) 11.3410.4014.7217.8718.89
Net Profit Margin (%) 9.999.4212.9813.9714.66
NP After MI And SOA Margin (%) 9.999.4212.9813.9714.66
Return on Networth / Equity (%) 15.7714.9418.1416.3316.76
Return on Capital Employeed (%) 17.8515.6719.2719.2819.07
Return On Assets (%) 7.317.0710.359.8710.19
Long Term Debt / Equity (X) 0.280.300.130.080.16
Total Debt / Equity (X) 0.920.960.610.440.43
Asset Turnover Ratio (%) 0.790.860.680.540.53
Current Ratio (X) 1.281.361.491.571.69
Quick Ratio (X) 0.630.740.790.741.01
Inventory Turnover Ratio (X) 3.372.381.571.351.35
Dividend Payout Ratio (NP) (%) 8.6026.5924.7332.5414.59
Dividend Payout Ratio (CP) (%) 6.5319.1219.9925.4011.48
Earning Retention Ratio (%) 91.4073.4175.2767.4685.41
Cash Earning Retention Ratio (%) 93.4780.8880.0174.6088.52
Interest Coverage Ratio (X) 4.995.8111.7220.4917.76
Interest Coverage Ratio (Post Tax) (X) 3.754.228.8213.4911.75
Enterprise Value (Cr.) 9123.039248.478386.005873.653469.07
EV / Net Operating Revenue (X) 2.943.494.054.022.79
EV / EBITDA (X) 16.1920.4820.8017.5311.52
MarketCap / Net Operating Revenue (X) 2.392.943.653.672.51
Retention Ratios (%) 91.3973.4075.2667.4585.40
Price / BV (X) 3.774.665.104.292.86
Price / Net Operating Revenue (X) 2.392.943.653.672.51
EarningsYield 0.040.030.030.030.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

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. 1718.00 Cr. and Equity Capital is Rs. 26.71 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Plantations - Tea & CoffeeDuggirala, Guntur District Andhra Pradesh 522330Contact not found
Management
NamePosition Held
Mr. Challa Rajendra PrasadExecutive Chairman
Mr. Challa SrishantManaging Director
Mr. B Mohan KrishnaExecutive Director
Ms. Challa Shantha PrasadNon Executive Director
Mr. Satyavada Venkata Ramachandra RaoNon Executive Director
Mr. K V ChowdaryIndependent Director
Mr. Durga Prasad KodeIndependent Director
Mrs. Kulsoom Noor SaifullahIndependent Director
Dr. Krishnanand LankaIndependent Director
Mr. Sudhakar AmbatiIndependent Director

FAQ

What is the intrinsic value of CCL Products (India) Ltd and is it undervalued?

As of 14 April 2026, CCL Products (India) Ltd's intrinsic value is ₹422.80, which is 60.92% lower than the current market price of ₹1,082.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (17.0 %), book value (₹156), dividend yield (0.46 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of CCL Products (India) Ltd?

CCL Products (India) Ltd is trading at ₹1,082.00 as of 14 April 2026, with a FY2026-2027 high of ₹1,109 and low of ₹475. The stock is currently near its 52-week high. Market cap stands at ₹14,452 Cr..

How does CCL Products (India) Ltd's P/E ratio compare to its industry?

CCL Products (India) Ltd has a P/E ratio of 38.5, which is below the industry average of 52.18. This is broadly in line with or below the industry average.

Is CCL Products (India) Ltd financially healthy?

Key indicators for CCL Products (India) Ltd: ROCE of 13.1 % is moderate; ROE of 17.0 % shows strong shareholder returns. Dividend yield is 0.46 %.

Is CCL Products (India) Ltd profitable and how is the profit trend?

CCL Products (India) Ltd reported a net profit of ₹310 Cr in Mar 2025 on revenue of ₹3,106 Cr. Compared to ₹204 Cr in Mar 2022, the net profit shows an improving trend.

Does CCL Products (India) Ltd pay dividends?

CCL Products (India) Ltd has a dividend yield of 0.46 % at the current price of ₹1,082.00. The company pays dividends, though the yield is modest.

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
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