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    CCL Products (India) Limited

    One of the world's largest private-label instant coffee manufacturers, exporting to 90+ countries.

    Fast Moving Consumer Goods
    Fast Moving Consumer Goods
    View CCL earnings calls
    ₹1,191.4
    +4.50% from avg

    Overview

    Price

    ₹1,191.4

    Market Cap

    ₹15.7k Cr

    Sector

    Fast Moving Consumer Goods

    Fast Moving Consumer Goods

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2727272727272727
    Reserves9021.1k1.2k1.5k1.6k1.9k2.1k2.3k
    Borrowings4695596559201.6k1.8k1.6k1.3k
    Other Liabilities112142164180240459574657
    Total Liabilities1.5k1.8k2.1k2.6k3.5k4.2k4.3k4.3k
    AssetsFixed Assets7247988821.3k1.3k1.6k2.0k2.0k
    CWIP10014916054501450183
    Investments10000003
    Other Assets6848411.0k1.3k1.8k2.2k2.2k2.3k
    Total Assets1.5k1.8k2.1k2.6k3.5k4.2k4.3k4.3k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating1629117111617355290858
    Cash from Investing-175-88-153-192-307-527-415-70
    Cash from Financing42-3764916455953-757
    SummaryCapital Expenditure
    Free Cash Flow-80216-74-159-458-128788
    FCF Margin

    Valuation

    Assumptions

    Current — CCL
    Price
    ₹1,191
    EPS (TTM)
    ₹26.30
    PE (TTM)
    45.3
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (43.8×) and current (45.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,191
    vs
    Fair value · 15% return
    ₹802
    33%Overvalued

    At 10% growth and a 44× exit, ₹1191 only delivers your return if you pay ₹802. The price is currently baking in 18% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 44×.

    YearGrowthEPS (₹)
    FY2710.0%28.93
    FY2810.0%31.82
    FY2910.0%35.01
    FY3010.0%38.51
    FY3110.0%42.36
    FY328.0% ·fade45.74
    FY336.0% ·fade48.49

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse CCL Products (India) Limited

    Guides on how to read this kind of business and the numbers that matter.