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CCL Products surges on planning to set up new manufacturing plant in Andhra Pradesh CCL Products (India) is currently trading at Rs. 662.70, up by 12.20 points or 1.88% from its previous closing of Rs. 650.50 on the BSE. The scrip opened at Rs. 656.75 and has touched a high and low of Rs. 665.50 and Rs. 648.45 respectively. So far 10214 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 670.00 on 20-Jun-2023 and a 52 week low of Rs. 375.00 on 01-Jul-2022. Last one week high and low of the scrip st...
CCL Products surges on planning to set up new manufacturing plant in Andhra Pradesh
CCL Products surges on planning to set up new manufacturing plant in Andhra Pradesh
Source: Accord Fintech
28/06/2023 3:11:58 PM
CCL Products (India) beats Q4 profit view on higher instant coffee sales CCL Products (India) Ltd reported a 62% surge in quarterly profit on Tuesday, beating analysts' estimates, boosted by rising sale of its instant coffee. Consolidated net profit rose to 852.9 million rupees ($10.43 million) for the three months ended March 31 from 527 million rupees a year earlier. Analysts, on average, expected profit of 636.9 million rupees, according to Refinitiv IBES data. The company, which exports coffee to over 90 countries, reported revenue from operations in...
CCL Products (India) beats Q4 profit view on higher instant coffee sales
CCL Products (India) beats Q4 profit view on higher instant coffee sales
Source: Reuters
16/05/2023 5:49:31 PM
CCL Products gains as its arm gets nod to set up 6000 TPA freeze dried coffee manufacturing facility CCL Products (India) is currently trading at Rs. 520.70, up by 3.20 points or 0.62% from its previous closing of Rs. 517.50 on the BSE. The scrip opened at Rs. 516.55 and has touched a high and low of Rs. 527.00 and Rs. 513.55 respectively. So far 6387 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 571.95 on 27-Dec-2022 and a 52 week low of Rs. 315.60 on 11-May-2022. Last one week high and low of the scrip stoo...
CCL Products gains as its arm gets nod to set up 6000 TPA freeze dried coffee manufacturing facility
CCL Products gains as its arm gets nod to set up 6000 TPA freeze dried coffee manufacturing facility
Source: Accord Fintech
19/01/2023 2:48:28 PM
Buy CCL Products Ltd For Target Rs.525 - Centrum Broking Ltd Multiple tailwinds in place for higher growth CCL’s consolidated net sales grew sharply by 56% YoY to Rs5.1bn (Centrum est. Rs4.2bn). Sales from Indian operations (Rs3.3bn) recovered strongly growing 50% each YoY and QoQ and sales from Vietnam/subsidiary operations (Rs1.6bn) grew by 68% YoY. The healthy sales growth was on account of strong volume growth of 25% and rest by price realization growth. Coffee bean prices (key RM for instant coffee) have risen by 50-60% in last 1-1.5 year...
Buy CCL Products Ltd For Target Rs.525 - Centrum Broking Ltd
Buy CCL Products Ltd For Target Rs.525 - Centrum Broking Ltd
Source: Centrum Broking Ltd
21/08/2022 4:49:44 PM
CCL Products (India) gains on venturing into frozen foods category CCL Products (India) is currently trading at Rs. 405.95, up by 2.70 points or 0.67% from its previous closing of Rs. 403.25 on the BSE. The scrip opened at Rs. 405.00 and has touched a high and low of Rs. 412.25 and Rs. 403.25 respectively. So far 9877 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 514.90 on 02-Feb-2022 and a 52 week low of Rs. 315.60 on 11-May-2022. Last one week high and low of the scrip stoo...
CCL Products (India) gains on venturing into frozen foods category
CCL Products (India) gains on venturing into frozen foods category
Source: Accord Fintech
11/07/2022 12:19:32 PM
Buy CCL Products India Ltd For Target Rs.511 - Yes Securities Resilient performance despite Russia issue, decent outlook ahead despite margin headwinds; reiterate BUY Our view While it missed estimates, we would rate CCL’s performance as quite resilient given multiple headwinds it faced owing to shipment deferments of freeze dried coffee from key Russia/CIS markets (20% of revenue), sharp green coffee inflation, supply chain constraints and higher energy/logistics costs. While 4Q volumes were soft, overall utilization rates in both India and...
Buy CCL Products India Ltd For Target Rs.511 - Yes Securities
Buy CCL Products India Ltd For Target Rs.511 - Yes Securities
Source: Yes Securities Ltd
30/05/2022 10:42:17 AM
CCL Products India Q4 net profit down 34.63% at Rs 65.64 cr The company reported standalone net profit of Rs 65.64 crore for the quarter ended March 31, 2022 as compared to Rs 100.42 crore in the same period last year, registering a year-on-year decline of 34.63 per cent. Net revenue of the company declined marginally by 1.46 per cent at Rs 222.43 crore in January-March quarter of this fiscal as against Rs 225.73 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 2.22 per cent to Rs 161.03 crore ...
CCL Products India Q4 net profit down 34.63% at Rs 65.64 cr
CCL Products India Q4 net profit down 34.63% at Rs 65.64 cr
Source: Dion Global Solutions Ltd
27/05/2022 12:41:08 PM
Buy CCL Products Ltd For Target Rs.444 - Edelweiss Financial Services Spurt in realizations drives earnings CCL Products (CCL) reported a sharp 43% YoY increase in its top-line, aided by a mix of volumetric and pricing gains. CCL delivered 17% YoY volumetric growth benefitting from capacity addition in Vietnam, while spurt in green coffee prices led to pricing hikes to the tune of 25% YoY. Higher logistic costs as well as sharp rally in input prices continues to dent EBITDA margins (down 130bps YoY) to 22%. Going forward, we believe CCL will sustain growt...
Buy CCL Products Ltd For Target Rs.444 - Edelweiss Financial Services
Buy CCL Products Ltd For Target Rs.444 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
22/01/2022 12:19:24 PM
Buy CCL Products India Ltd For Target Rs.500 - Yes Securities Strong capex-led growth outlook with India business also ramping up * CCL Products is the world’s largest private label instant coffee manufacturer with ~10% global market share with capabilities to manufacture more than 900 variants of instant coffee exported to more than 90 countries from its plants in India and Vietnam. It is a strong play on growing consumption of instant coffee which has been resilient in the wake of COVID-19 disruption (weak institutional demand offset by stron...
Buy CCL Products India Ltd For Target Rs.500 - Yes Securities
Buy CCL Products India Ltd For Target Rs.500 - Yes Securities
Source: Yes Securities Ltd
10/01/2022 10:44:28 AM
Buy CCL Products Ltd For Target Rs.507 - Edelweiss Financial Services Embarking on growth journey CCL Products (CCL) turned in Q2FY22 results lower than our and consensus forecasts. A shutdown at Vietnam facilities as well nil MEIS contribution restricted overall growth to single digit (up 4.5% YoY). However, CCL has completed its first phase of expansion in Vietnam and, with good order flows in hand, the company has revised up its guidance to more than 15% volumetric growth. We believe concerns around growth now stand addressed. With new capacity coming ...
Buy CCL Products Ltd For Target Rs.507 - Edelweiss Financial Services
Buy CCL Products Ltd For Target Rs.507 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
8/12/2021 11:06:43 AM
Buy CCL Products India Ltd For Target Rs.496 - Monarch Networth Capital Brewing Value… Despite recent outbreak of COVID in few of its key markets like Russia and the UK, and continued supply chain issues, CCL Products India (CCL) reported good performance on almost all parameters. Absence of MEIS benefit during the quarter, compared to Rs85mn in the same quarter of the previous year weighed on the topline growth, despite good volume growth. On account of ramp up of supplies to the new clients and rising revenue of its branded retail business, the compan...
Buy CCL Products India Ltd For Target Rs.496 - Monarch Networth Capital
Buy CCL Products India Ltd For Target Rs.496 - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
29/10/2021 4:52:07 PM
Buy CCL Products India Ltd For Target Rs.500 - Yes Securities Improving growth visibility driving aggressive capacity expansion; reiterate BUY Our view CCL’s performance wasslightly below estimates due to shipment timing issues,some logistical challenges and MEIS impact. Utilization rates in both India and Vietnam are optimum with the expanded Vietnam capacity also expected to be fully utilized in 2H and the next phase of expansion to come up next year. The India branded business also remains on track with a solid 40% growth in 1H despite ch...
Buy CCL Products India Ltd For Target Rs.500 - Yes Securities
Buy CCL Products India Ltd For Target Rs.500 - Yes Securities
Source: Yes Securities Ltd
29/10/2021 10:50:46 AM
Buy CCL Products India Ltd For Target Rs.496 - Monarch Networth Brewing Value… CCL Products India (CCL) is one of the largest producers of Instant Coffee for private labels. The company has manufacturing plants at strategic locations in Coffee growing areas i.e., India and Vietnam. Apart from its B2B prominence, CCL has recently ventured into the retail space through its own Brands, Continental, Malgudi & THIS and reported stellar growth to carve 5% market share in the growing domestic Instant Coffee Market. CCL’s brands have a strong ...
Buy CCL Products India Ltd For Target Rs.496 - Monarch Networth
Buy CCL Products India Ltd For Target Rs.496 - Monarch Networth
Source: Monarch Networth Capital Ltd
29/09/2021 1:48:08 PM
CCL Products (India) Ltd : Entering an accelerated growth phase; reiterate BUY - Yes Securities Buy CCL Products (India) Ltd For Target Rs. 511  Entering an accelerated growth phase; reiterate BUY Result Highlights * Result summary ‐ Overall steady performance with revenue/EBITDA/PAT growth of 13%/15%/14% with about 70% utilization in India and 80% plus in Vietnam, logistics issue continue but order booking remains strong. * Topline ‐ Revenue growth of 13% yoy to Rs 3.3bn – Standalone business grew 26% from a low base, subsidiaries decline...
CCL Products (India) Ltd : Entering an accelerated growth phase; reiterate BUY - Yes Securities
CCL Products (India) Ltd : Entering an accelerated growth phase; reiterate BUY - Yes Securities
Source: Yes Securities
30/07/2021 10:45:16 AM
Buy ccl products (india) Ltd Target Rs.390 - Religare Broking CCL Products (India) Ltd. * CCL Products was founded in the year 1994 with the vision of creating only the finest and the richest coffee in the world. It is India’s largest manufacturer and exporter of instant coffee. Its state of the art manufacturing plant is located at Duggirala Mandal, Guntur District, Andhra Pradesh, India, with a current combined capacity of 35,000 MTs, per annum. Its strong infrastructural backbone and a global client repertoire in over 90 countries have ...
Buy ccl products (india) Ltd Target Rs.390 - Religare Broking
Buy ccl products (india) Ltd Target Rs.390 - Religare Broking
Source: Religare Broking Ltd
7/07/2021 9:23:56 AM
Buy CCL Products India Ltd For Target Rs. 382 - Yes Securities Set to deliver on growth and margin objectives * Result summary ‐ Overall performance ahead of estimates led by a strong recovery in India operations despite softness in Vietnam; revenue/EBITDA/PAT growth of 25%/21%/17% respectively. * Topline ‐ Revenue growth of 25% yoy to Rs 3.3bn  ‐  India business grew 33% (helped by shipments of orders deferred from 3Q), subsidiaries grew 12% with Vietnam business muted while India branded and Switzerland saw strong growth....
Buy CCL Products India Ltd For Target Rs. 382 - Yes Securities
Buy CCL Products India Ltd For Target Rs. 382 - Yes Securities
Source: Yes Securities Ltd
24/05/2021 9:56:58 AM
Buy CCL Products (India) Ltd For Target Rs.352 - Yes Securities Quarter impacted by temporary logistics issues; reiterate BUY given a strong growth platform for FY22 * Our view – While the current quarter performance was below our estimates mainly on account of the temporary logistics issues, we remain positive on the medium term growth outlook for the company. Continued penetration into developed markets, multiple ongoing value addition initiatives, stable demand environment for coffee and strong progress on the branded business are key positiv...
Buy CCL Products (India) Ltd For Target Rs.352 - Yes Securities
Buy CCL Products (India) Ltd For Target Rs.352 - Yes Securities
Source: Yes Securities Ltd
29/01/2021 10:46:19 AM