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CCL Products jumps 16% after Q4 profit surges 56% YoY

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Shares of CCL Products rallied nearly 16% to Rs 687 on Tuesday after the company reported a strong performance for the January–March quarter.

The company’s consolidated net profit rose 56.35% year-on-year to Rs 101.9 crore, supported by strong demand and improved operational efficiency.

Revenue from operations grew 15% YoY to Rs 836 crore, up from Rs 726.7 crore in the same quarter last year, driven by robust export volumes and increased output from the expanded Vietnam facility.

Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 38.3% to Rs 163.3 crore, compared with Rs 118.1 crore a year ago. The EBITDA margin improved to 19.5% from 16.3%, reflecting better cost management and a higher share of premium product sales.

CCL Products is a leading private-label coffee manufacturer, supplying instant coffee to major global brands across 90 countries. Its product portfolio includes spray-dried, freeze-dried, and granulated coffee. The company operates manufacturing facilities in India, Vietnam, and Switzerland.

Exports account for over 90% of the company’s revenue, with key markets including Europe, North America, and Asia. CCL operates four plants—two in India (Andhra Pradesh and Telangana), and one each in Vietnam and Switzerland.

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CCL Products shares price target


As per Trendlyne data, the average target price of the stock is Rs 746, which shows an upside of 11% from the current market prices. The consensus recommendation from 10 analysts for the stock is a 'Buy'.

The relative strength index (RSI) stands at 47.4. An RSI below 30 is considered oversold, while above 70 indicates overbought conditions. The MACD is at 7.9, above the center line but below the signal line.

CCL Products is currently trading above its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages.

CCL Products shares price performance


The stock has Surged 23% in the past one month but declined 7% year-to-date. Its current market cap stands at Rs 9,025 crore.

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( Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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