CCLFast Moving Consumer Goods

CCL Products (India) Limited

Tea & Coffee · ISIN INE421D01022 · BSE 519600 · NSE EQ · FV ₹2
Last price
₹964
+2.42%today
What this company does

CCL Products (India) Limited operates in Tea & Coffee, part of the Fast Moving Consumer Goods sector. It booked ₹1,211 cr of revenue in its latest quarter (Q2 FY27) and kept 10.7% of sales as profit. It is the 2nd largest of 9 Tea & Coffee companies we track, by market value.

In the report:
61out of 100
Equitytale Health Score
Mixed

Healthier than 61% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 39–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns78

How much profit it earns on the money it employs

Balance sheet48

How much it owes, and whether earnings cover the interest

Cash quality52

Whether reported profit actually arrives as cash

Growth & consistency83

Whether sales and profit have grown, and how steadily

Valuation13

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 7% vs last year
✓ Profit up 29% vs last year
✓ Promoters hold 46%
✓ No promoter shares pledged
✓ Strong 20% return on equity
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in CCL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹964▲ +2.42%
latest close · 2026-11-04
1-year return
+134.0%
52-wk low ₹31052-wk high ₹1,215
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio24.7Average
LowAverageHigh
P/B ratio4.84High
Below bookModerateHigh
EV / EBITDA15.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity19.5%Strong
WeakFairStrong ▸15%
Return on capital22.3%Strong
WeakFairStrong
Net margin10.7%Decent
ThinDecentStrong
EBITDA margin17.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.45Comfortable
LowModerateHigh ▸1
Interest cover6.8×Strong
RiskyOkayStrong ▸5×
Current ratio1.82Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹12,877 cr
Book value
₹199
EPS
₹9.77
latest quarter
Net debt
₹743 cr
owes more than its cash
Enterprise value
₹13,620 cr
EBITDA
₹869 cr
annualised
EBIT
₹707 cr
annualised
Operating margin
14.6%
Return on assets
11.6%
Earnings yield
4.05%
P/S
2.66
Sales / share
₹362.7
Tax rate
13.8%
Face value
₹2
Shares
13.4 cr
Working capital
₹1,064 cr
Current assets
₹2,369 cr
Current liabilities
₹1,304 cr
Delivery %
48.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedHigh confidence
Median of 3 models ₹426 vs market price ₹964 — price is 126% above it
Safety cushion-126.2%(target ≥ +20%)
Models span ₹293–₹452, midpoint ₹426
Model ₹426
Price ₹964
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹1,211 cr
Other Income₹5 cr
Total Income₹1,216 cr
Cost of Materials₹771 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-19 cr
Employee Benefit Expense₹50 cr
Finance Costs₹26 cr
Depreciation & Amortisation₹40 cr
Other Expenses₹197 cr
Total Expenses₹1,065 cr
Profit before Tax₹151 cr
Tax Expense₹21 cr
Share of JV / Associates₹1.6 L
Net Profit₹130 cr
Net margin on total income10.7%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹752 cr61.8%
Employee benefit expense₹50 cr4.1%
Finance costs₹26 cr2.1%
Depreciation & amortisation₹40 cr3.3%
Other expenses₹197 cr16.2%
Tax expense₹21 cr1.7%
Profit for the period₹130 cr10.7%
Total income ₹1,216 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue1,224 cr1,200 cr1,211 cr
Total income1,226 cr1,204 cr1,216 cr
Expenses1,103 cr1,075 cr1,065 cr
Profit before tax123 cr129 cr151 cr
Tax9 cr12 cr21 cr
Net profit (owners' share)115 cr117 cr130 cr
Net margin (owners' share, on revenue)9.4%9.7%10.7%
EPS (₹)8.608.779.77
YoY (latest quarter): total income +7.8% · net profit +29.0%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹4,482 cr
Shareholder equity
₹2,663 cr
parent shareholders
Total debt
₹1,192 cr
Cash
₹450 cr
Cash flow · H1 FY27
Operating
₹439 cr
Investing
₹-24 cr
Financing
₹-216 cr
Peer comparison
Tea & Coffee · by market value
CompanyPriceMarket capP/E
TATA CONSUMER PRODUCTS LIMITED₹1,073₹1.06 L cr56.5
CCL Products (India) Limitedthis company₹942₹12,574 cr24.1
Vintage Coffee And Beverages Limited₹153₹2,235 cr26.8
Mcleod Russel India Limited₹44₹458 cr—
Jayshree Tea & Industries Limited₹80₹230 cr—
Gillanders Arbuthnot & Company Limited₹100₹213 cr21.2
Rossell India Limited₹48₹181 cr18.8
Dhunseri Tea & Industries Limited₹147₹155 cr8.6
Ganges Securities Limited₹118₹118 cr24.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.60%
trailing 12 months
Dividend / share (TTM)
₹5.75
Last dividend
₹3
ex 1 Sep 2026
ActionDetailEx-date
Dividend₹3 / share1 Sep 2026
Dividend₹2.75 / share10 Feb 2026
Dividend₹5 / share7 Aug 2025
Dividend₹2 / share13 Sep 2024
Dividend₹2.5 / share15 Feb 2024
Dividend₹2.5 / share11 Aug 2023
Who owns it · 2026-09-30
No pledge
Promoter
46.2%
FII / Foreign
12.1%
DII / Domestic
21.4%
Retail / others
20.2%
Promoter stake down 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtCCL OWNERSHIP TRUST · Connected Person100 · ₹1.1 L4 Aug 26
SoldSarada Paturi · Immediate relative15,000 · ₹1.4 cr2 Sep 25
SoldSRINIVASA RAO PATURI · Other20,995 · ₹1.6 cr16 May 25
Bulk / block deals
short— · NSE93 Sep 26
short— · NSE228 Jun 26
short— · NSE108 May 26
Stake changes
BoughtChalla Shantha Prasad · promoter→ 24.08% · 1.35 cr25 May 23
BoughtAxis Capital Builder Fund - Series 4 and Small Cap Fund→ 5.03% · 3.43 L25 Jun 21
SoldFMR LLC and its direct and indirect subsidiaries and FIL Limited and its direct and indirect subsidiaries→ 3.08% · 4.68 L3 Apr 20
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 8 Sep 2026
See the official result
1
To receive, consider and adopt : (a) the audited Financial Statement of the Company for the financial year ended March 31, 2026 and the Report of the Board of Directors and Auditors thereon; and (b) the audited Consolidated Financial Statement of the Company for the financial year ended March 31, 2026 and the Report of Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
3.84 cr votes for, 2 against · 0% of mutual funds and other big investors said no
2
To declare final dividend of Rs. 3.00/- per Equity Share of Rs. 2.00/- each to the shareholders for the financial year ended 31.03.2026
Backed by 100% of shareholders other than promotersneeded 50%
3.85 cr votes for, 172 against · 0% of mutual funds and other big investors said no
3
To appoint Smt. Challa Shantha Prasad (DIN 00746477), who retires by rotation as a Director
Promoters had a personal stake in this
Backed by 86% of shareholders other than promotersneeded 50%
3.29 cr votes for, 55.25 L against · 15% of mutual funds and other big investors said no
4
To appoint Sri B. Mohan Krishna (DIN 03053172), who retires by rotation as a Director
Promoters had a personal stake in this
Backed by 79% of shareholders other than promotersneeded 50%
3.04 cr votes for, 80.33 L against · 21% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 46.2% between them · as of 2026-09-30
CHALLA SHANTHA PRASAD24.06%
CHALLA SRISHANT10.57%
CHALLA RAJENDRA PRASAD10.02%
CHALLA AJITHA0.76%
MOHAN KRISHNA B0.75%
CHALLA SOUMYAno shares
C SHANTHA PRASADSRISHANT CHALLAno shares
Business done with them
FY2026 · 3 of the group
The company paid ₹20 cr to companies in the promoter group last year — about 0.4% of its ₹4,457 cr revenue.
CHALLA SRISHANT
Paid them for services · Remuneration &Commission
also owns 10.57% of the company
₹15 cr
company paid
CHALLA RAJENDRA PRASAD
Paid them for services · Remuneration
also owns 10.02% of the company
₹4 cr
company paid
CHALLA RAJENDRA PRASAD
Leases As Lessee · Remuneration
also owns 10.02% of the company
₹2 cr
company received
Challa Ajitha
Paid them for services · Consultancy services
also owns 0.76% of the company
₹24 L
company paid
CHALLA SRISHANT
Leases As Lessee · Remuneration &Commission
also owns 10.57% of the company
₹5.5 L
company received

The company also transacted with 13 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.