CCL Products (India)

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• DebtHigh safetyRated AA to AA- by 2 agencies.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 7.5% and profit rose 29% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 46% of the company, about the same as in Sep 2025.
• ValuationCheap vs its pastThe share trades at 27.2 times its yearly earnings (P/E), cheaper than 90% of the time in the last 5 years. Its usual P/E is about 21.

CCL Products (India) against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)27.2 against a typical 18: pricier than most peers (1st = cheapest).16th of 29
• Sales growth+7.5% against a typical +8.6% from a year earlier.15th of 27
• Profit growth+28.7% against a typical +27.4% from a year earlier.10th of 22
• Share price, 3 months−21.2% against a typical −8.3%.22nd of 24
• Size₹ 12,085.4 Cr. market value against a typical ₹ 118.9 Cr. (1st = largest).2nd of 25

Exchange filings and their impact on the company.

• 21 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactPositivePrice −2.5% on 22 Oct
  Double-digit volume growth with 15% full-year guidance intact and debt sharply lower keeps earnings momentum positive.

  CCL Products held its Q2 FY27 earnings call on 16 October 2026. The company reported Q2 turnover of Rs1,215.99 crore up 7.8% on 10-15% volume growth, EBITDA of Rs217.3 crore up 9.5% and net profit of Rs130 crore up 29%. For H1, turnover was Rs2,419.58 crore up 11.6% and net profit Rs246.96 crore up 42%. Management said Q3-Q4 order book is robust, reaffirmed 15% volume and similar EBITDA growth guidance, noted domestic brand sales up 25% to Rs140 crore, net debt at Rs742 crore, and flagged a likely 6,000-ton freeze-dried capacity expansion decision by Q4 or Q1 next year.

  Full analysisFiling
• 15 Oct 2026Outcome of Board MeetingHigh impactPositivePrice −7.1% on 16 Oct
  Strong Q2/H1 with 29%/42% profit growth puts CCL on track for ~10% revenue and ~20% profit growth with deleveraging.

  CCL Products reported Q2 FY27 consolidated revenue of Rs 1210.8 crore, up 7.5% year-on-year, and net profit of Rs 130.1 crore, up 29% year-on-year. For the first half, revenue was Rs 2411.2 crore, up 10.5%, and net profit was Rs 247 crore, up 42.5%, helped by lower finance costs. The board also accepted the resignation of Company Secretary Sridevi Dasari effective November 14, 2026 and appointed Bharath Kumar Kallepally from November 15, 2026. Strong cash flow cut net debt by about Rs 332 crore in the half year to Rs 743 crore.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Challa Rajendra Prasad

Executive Chairman of the Board

Praveen Jaipuriar

Chief Executive Officer

Chaithanya Agasthyaraju

Chief Financial Officer

Srinivas Atla

Chief Human Resources Officer

Sridevi Dasari

Compliance Officer, Company Secretary

Challa Srishant

Managing Director, Executive Director

B. Mohan Krishna

Executive Director