Cash flow CCL Products (India) Limited

Stocks

CCL

INE421D01022

Food Processing

Market Closed - Bombay S.E. Other stock markets 06:00:52 2026-07-22 am EDT			5-day change	1st Jan Change
1,203.20 ^INR	-0.19%		-2.09%	+27.53%

May. 08	CCL Products Limited, Q4 2026 Earnings Call, May 08, 2026
May. 07	CCL Products Limited Recommends Final Dividend for the Financial Year 2025-26	CI

7f091c6fabda19a401d3c91635c30f78.3_S-O6AHihYMwdzVgUJY75YRPU2hJ6CZ4gGDnnEe3II.rrzXSdJ38CJNpu20wyAoqOFaTi6XcuXUoCyyxDIumufngfB96E3ddWPxmQ

Published financial data: CCL PRODUCTS (INDIA) LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	12.42B	14.62B	20.71B	26.54B	31.06B
Other Revenues, Total	30.69M	39.6M	31.12M	58.19M	63.56M
Total Revenues	12.46B	14.66B	20.74B	26.6B	31.12B
Cost of Goods Sold, Total	6B	7.43B	11.7B	16.07B	19.03B
Gross Profit	6.46B	7.23B	9.05B	10.53B	12.09B
Selling General & Admin Expenses, Total	809M	998M	1.15B	1.48B	1.74B
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	494M	575M	637M	977M	985M
Other Operating Expenses	2.69B	2.96B	4B	4.71B	4.93B
Other Operating Expenses, Total	3.99B	4.53B	5.79B	7.17B	7.66B
Operating Income	2.46B	2.71B	3.26B	3.36B	4.43B
Interest Expense, Total	-159M	-134M	-313M	-750M	-1.09B
Interest And Investment Income	2.16M	1.34M	1.44M	4.97M	20.97M
Net Interest Expenses	-157M	-133M	-311M	-745M	-1.06B
Currency Exchange Gains (Loss)	52.13M	69.74M	134M	172M	201M
Other Non Operating Income (Expenses)	-10.38M	-29.2M	-31.38M	-26.76M	-42.63M
EBT, Excl. Unusual Items	2.35B	2.61B	3.05B	2.76B	3.52B
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-25K	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	2.35B	2.61B	3.05B	2.76B	3.52B
Income Tax Expense	525M	570M	361M	262M	419M
Earnings From Continuing Operations	1.82B	2.04B	2.69B	2.5B	3.1B
Net Income to Company	1.82B	2.04B	2.69B	2.5B	3.1B
Net Income - (IS)	1.82B	2.04B	2.69B	2.5B	3.1B
Net Income to Common Incl Extra Items	1.82B	2.04B	2.69B	2.5B	3.1B
Net Income to Common Excl. Extra Items	1.82B	2.04B	2.69B	2.5B	3.1B
Per Share Items
Net EPS - Basic	13.7	15.36	20.21	18.8	23.31
Basic EPS - Continuing Operations	13.7	15.36	20.21	18.8	23.31
Basic Weighted Average Shares Outstanding	133M	133M	133M	133M	133M
Net EPS - Diluted	13.7	15.36	20.21	18.76	23.26
Diluted EPS - Continuing Operations	13.7	15.36	20.21	18.76	23.26
Diluted Weighted Average Shares Outstanding	133M	133M	133M	133M	133M
Normalized Basic EPS	11.03	12.28	14.33	12.98	16.53
Normalized Diluted EPS	11.03	12.28	14.33	12.95	16.5
Dividend Per Share	4	5	5.5	4.5	5
Payout Ratio	14.6	32.55	24.74	26.6	8.61
Supplemental Items
EBITDA	2.96B	3.28B	3.89B	4.32B	5.4B
EBITA	2.46B	2.71B	3.26B	3.36B	4.43B
EBIT	2.46B	2.71B	3.26B	3.36B	4.43B
EBITDAR	2.97B	3.3B	3.9B	4.35B	5.42B
Total Revenues (As Reported)	12.46B	14.66B	20.74B	26.6B	31.14B
Effective Tax Rate - (Ratio)	22.37	21.8	11.84	9.47	11.9
Current Domestic Taxes	-	390M	356M	-	-
Current Foreign Taxes	-	-	3.83M	-	-
Total Current Taxes	497M	390M	360M	229M	291M
Deferred Domestic Taxes	28.3M	-	1.08M	-	-
Total Deferred Taxes	28.3M	180M	1.08M	32.56M	128M
Normalized Net Income	1.47B	1.63B	1.91B	1.73B	2.2B
Interest on Long-Term Debt	-	-	10.66M	1.45M	-
Non-Cash Pension Expense	3.74M	4.14M	-1.74M	5.88M	7.21M
Supplemental Operating Expense Items
Net Rental Expense, Total	13.18M	21.3M	15.14M	26.79M	23.44M
Imputed Operating Lease Interest Expense	3.27M	3.78M	4.81M	12.66M	11.84M
Imputed Operating Lease Depreciation	9.92M	17.51M	10.33M	14.14M	11.59M
Maintenance & Repair Expenses, Total	96.48M	196M	400M	545M	604M
Stock-Based Comp., Other (Total)	-	67.58M	39.77M	61.2M	59.07M
Total Stock-Based Compensation	-	67.58M	39.77M	61.2M	59.07M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.2B	563M	826M	1.69B	969M
Total Cash And Short Term Investments	1.2B	563M	826M	1.69B	969M
Accounts Receivable, Total	2.99B	3.2B	4.41B	4.97B	6.9B
Other Receivables	351M	385M	656M	2.42B	792M
Notes Receivable	-	-	-	-	-
Total Receivables	3.34B	3.58B	5.07B	7.39B	7.69B
Inventory	3.2B	5.19B	5.78B	7.88B	10.52B
Prepaid Expenses	27.45M	28.2M	47.92M	39.02M	74.8M
Other Current Assets, Total	146M	550M	745M	406M	1.61B
Total Current Assets	7.91B	9.91B	12.47B	17.41B	20.88B
Gross Property Plant And Equipment	11.45B	13.06B	16.54B	21.84B	26.05B
Accumulated Depreciation	-1.98B	-2.64B	-3.44B	-4.32B	-5.33B
Net Property Plant And Equipment	9.47B	10.42B	13.11B	17.53B	20.72B
Long-term Investments	10K	10K	10K	10K	10K
Other Intangibles, Total	150K	150K	82K	82K	82K
Other Long-Term Assets, Total	498M	364M	388M	423M	813M
Total Assets	17.88B	20.7B	25.97B	35.36B	42.41B
Liabilities
Accounts Payable, Total	48.44M	457M	738M	997M	2.21B
Accrued Expenses, Total	213M	81.74M	29.34M	177M	116M
Short-term Borrowings	2.98B	4.49B	6.37B	10.11B	10.67B
Current Portion of Long-Term Debt	846M	898M	786M	912M	1.9B
Current Portion of Leases	-	-	10.62M	4.89M	4.89M
Current Income Taxes Payable	-	-	-	-27.88M	275M
Other Current Liabilities	603M	372M	431M	598M	1.2B
Total Current Liabilities	4.69B	6.3B	8.36B	12.77B	16.37B
Long-Term Debt	1.77B	1.12B	2.01B	5.19B	5.56B
Long-Term Leases	-	-	24.42M	10.12M	16.82M
Pension & Other Post Retirement Benefits	4.02M	4.8M	-	-	-
Deferred Tax Liability Non Current	490M	726M	727M	620M	742M
Other Non Current Liabilities	59.2M	43.33M	25.7M	32.95M	48.57M
Total Liabilities	7.01B	8.19B	11.15B	18.62B	22.74B
Common Stock, Total	266M	266M	266M	266M	267M
Retained Earnings	10.16B	11.54B	13.56B	15.55B	18.39B
Treasury Stock	-	-	-	-	-703K
Comprehensive Income and Other	444M	700M	992M	921M	1.02B
Total Common Equity	10.87B	12.51B	14.82B	16.74B	19.67B
Total Equity	10.87B	12.51B	14.82B	16.74B	19.67B
Total Liabilities And Equity	17.88B	20.7B	25.97B	35.36B	42.41B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	133M	133M	133M	134M	134M
ECS Total Common Shares Outstanding	133M	133M	133M	134M	134M
Book Value / Share	81.73	94.02	111.42	125.35	147.33
Tangible Book Value	10.87B	12.51B	14.82B	16.74B	19.67B
Tangible Book Value Per Share	81.73	94.02	111.42	125.35	147.33
Total Debt	5.59B	6.51B	9.2B	16.22B	18.15B
Net Debt	4.39B	5.94B	8.37B	14.53B	17.18B
Debt Equivalent of Unfunded Proj. Benefit Obligation	7.09M	-11.19M	-40.78M	-36.57M	-33.59M
Debt Equivalent Oper. Leases	105M	170M	121M	214M	187M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.06B	3.41B	4.01B	5.23B	7.17B
Inventories - Work In Process, Total	33.29M	57.28M	168M	219M	330M
Inventories - Finished Goods, Total	813M	1.42B	1.16B	1.9B	2.4B
Inventories - Others	287M	311M	448M	533M	629M
Land - (BS)	380M	385M	446M	449M	478M
Buildings, Total	2.27B	2.67B	3.83B	4.14B	5.44B
Machinery, Total	7.31B	8.41B	11.69B	12.19B	15.56B
Full Time Employees	613	764	848	999	1.36K
Accumulated Allowance for Doubtful Accounts (Supple)	16.07M	15.56M	29.3M	61.19M	80.88M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	1.82B	2.04B	2.69B	2.5B	3.1B
Depreciation & Amortization - CF	494M	575M	637M	977M	985M
Depreciation & Amortization, Total	494M	575M	637M	977M	985M
Amortization of Deferred Charges, Total - (CF)	-	-	68K	-	-
(Gain) Loss From Sale Of Asset	-	-247K	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-4.28M	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	-	67.58M	39.77M	61.2M	9.21M
Provision and Write-off of Bad Debts	14.67M	15.46M	13.84M	38.8M	9.6M
Other Operating Activities, Total	297M	367M	471M	572M	1.07B
Change In Accounts Receivable	-303M	-225M	-1.1B	-421M	-1.74B
Change In Inventories	-593M	-1.99B	-591M	-2.1B	-2.64B
Change In Accounts Payable	-48.26M	240M	282M	259M	1.21B
Change in Other Net Operating Assets	28.49M	-80.8M	-458M	-1.33B	885M
Cash from Operations	1.71B	1.01B	1.98B	554M	2.9B
Capital Expenditure	-1.55B	-1.9B	-3.32B	-5.13B	-4.18B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	19.07M	-	-250K	-	-
Other Investing Activities, Total	713K	-	1.44M	-3.61M	20.48M
Cash from Investing	-1.53B	-1.9B	-3.32B	-5.14B	-4.16B
Short Term Debt Issued, Total	1.55B	1.52B	1.88B	2.96B	556M
Long-Term Debt Issued, Total	-	-	778M	4.88B	2.49B
Total Debt Issued	1.55B	1.52B	2.65B	7.83B	3.04B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-647M	-599M	-7.95M	-806M	-1.12B
Total Debt Repaid	-647M	-599M	-7.95M	-806M	-1.12B
Issuance of Common Stock	-	-	-	-	1M
Common Dividends Paid	-266M	-665M	-665M	-665M	-267M
Common & Preferred Stock Dividends Paid	-266M	-665M	-665M	-665M	-267M
Other Financing Activities, Total	-	-	-344M	-777M	-1.13B
Cash from Financing	636M	251M	1.64B	5.59B	530M
Foreign Exchange Rate Adjustments	-	-	-	-138M	10.71M
Miscellaneous Cash Flow Adjustments	-	-1K	-	1K	1K
Net Change in Cash	818M	-641M	298M	865M	-721M
Supplemental Items
Cash Interest Paid	-	-	313M	777M	1.13B
Cash Income Tax Paid (Refund)	259M	390M	350M	290M	252M
Levered Free Cash Flow	-49.04M	-2.25B	-2.77B	-5.98B	-3.18B
Unlevered Free Cash Flow	50.43M	-2.16B	-2.57B	-5.51B	-2.5B
Change In Net Working Capital	437M	2.6B	1.96B	3.52B	2.13B
Net Debt Issued / Repaid	902M	916M	2.65B	7.03B	1.92B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	9.34	8.77	8.73	6.85	7.12
Return on Total Capital	10.12	9.53	9.46	7.36	7.82
Return On Equity %	18.08	17.48	19.68	15.77	17.05
Return on Common Equity	18.08	17.48	19.68	15.77	17.05
Margin Analysis
Gross Profit Margin %	51.84	49.35	43.62	39.59	38.85
SG&A Margin	6.49	6.81	5.54	5.58	5.6
EBITDA Margin %	23.74	22.38	18.74	16.24	17.35
EBITA Margin %	19.78	18.46	15.71	12.64	14.23
EBIT Margin %	19.78	18.46	15.71	12.64	14.23
Income From Continuing Operations Margin %	14.63	13.94	12.96	9.4	9.97
Net Income Margin %	14.63	13.94	12.96	9.4	9.97
Net Avail. For Common Margin %	14.63	13.94	12.96	9.4	9.97
Normalized Net Income Margin	11.78	11.14	9.19	6.49	7.07
Levered Free Cash Flow Margin	-0.39	-15.32	-13.34	-22.48	-10.22
Unlevered Free Cash Flow Margin	0.4	-14.75	-12.4	-20.71	-8.04
Asset Turnover
Asset Turnover	0.76	0.76	0.89	0.87	0.8
Fixed Assets Turnover	1.41	1.47	1.76	1.74	1.63
Receivables Turnover (Average Receivables)	4.39	4.73	5.44	5.66	5.23
Inventory Turnover (Average Inventory)	2.07	1.77	2.13	2.35	2.07
Short Term Liquidity
Current Ratio	1.69	1.57	1.49	1.36	1.28
Quick Ratio	0.97	0.66	0.71	0.71	0.53
Operating Cash Flow to Current Liabilities	0.36	0.16	0.24	0.04	0.18
Days Sales Outstanding (Average Receivables)	83.23	77.16	67.05	64.7	69.76
Days Outstanding Inventory (Average Inventory)	176.49	206.16	171.24	155.68	176.52
Average Days Payable Outstanding	3.99	13.04	17.75	17.48	27.03
Cash Conversion Cycle (Average Days)	255.73	270.27	220.54	202.9	219.25
Long Term Solvency
Total Debt/Equity	51.43	52.03	62.04	96.92	92.25
Total Debt / Total Capital	33.96	34.22	38.29	49.22	47.98
LT Debt/Equity	16.27	8.93	13.71	31.05	28.36
Long-Term Debt / Total Capital	10.74	5.88	8.46	15.76	14.75
Total Liabilities / Total Assets	39.2	39.58	42.92	52.66	53.61
EBIT / Interest Expense	15.48	20.13	10.42	4.48	4.08
EBITDA / Interest Expense	18.58	24.41	12.46	5.78	4.99
(EBITDA - Capex) / Interest Expense	8.87	10.28	1.83	-1.06	1.14
Total Debt / EBITDA	1.89	1.98	2.36	3.74	3.35
Net Debt / EBITDA	1.48	1.81	2.15	3.35	3.17
Total Debt / (EBITDA - Capex)	3.96	4.71	16.04	-20.46	14.71
Net Debt / (EBITDA - Capex)	3.11	4.3	14.6	-18.32	13.92
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	9.09	17.7	41.5	28.21	17.02
Gross Profit, 1 Yr. Growth %	13.34	14.3	25.06	16.39	14.83
EBITDA, 1 Yr. Growth %	5.18	10.93	18.56	11.15	24.99
EBITA, 1 Yr. Growth %	5.25	9.86	20.45	3.18	31.69
EBIT, 1 Yr. Growth %	5.25	9.86	20.45	3.18	31.69
Earnings From Cont. Operations, 1 Yr. Growth %	9.84	12.12	31.58	-11.93	24.1
Net Income, 1 Yr. Growth %	9.84	12.12	31.58	-11.93	24.1
Normalized Net Income, 1 Yr. Growth %	4.18	11.31	16.71	-9.43	27.52
Diluted EPS Before Extra, 1 Yr. Growth %	9.86	12.12	31.58	-12.12	23.99
Accounts Receivable, 1 Yr. Growth %	11.35	7.03	38.13	12.55	38.94
Inventory, 1 Yr. Growth %	22.76	62.39	11.39	36.34	33.46
Net Property, Plant and Equip., 1 Yr. Growth %	14.99	10.02	25.78	33.69	18.23
Total Assets, 1 Yr. Growth %	18.47	15.76	25.46	36.16	19.94
Tangible Book Value, 1 Yr. Growth %	17.12	15.03	18.51	11.79	17.53
Common Equity, 1 Yr. Growth %	17.12	15.03	18.51	11.79	17.53
Cash From Operations, 1 Yr. Growth %	88.44	-41.05	70.58	-68.04	423.12
Capital Expenditures, 1 Yr. Growth %	74.5	22.84	74.94	54.48	-18.57
Levered Free Cash Flow, 1 Yr. Growth %	-94.81	4.48K	20.79	115.06	-46.81
Unlevered Free Cash Flow, 1 Yr. Growth %	-105.95	-4.39K	16.53	113.17	-54.6
Dividend Per Share, 1 Yr. Growth %	14.29	25	10	-18.18	11.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.32	13.31	29.05	34.69	22.49
Gross Profit, 2 Yr. CAGR %	16.4	12.69	19.56	20.65	15.6
EBITDA, 2 Yr. CAGR %	8.87	8.02	14.64	14.8	17.87
EBITA, 2 Yr. CAGR %	6.35	7.53	15.03	11.48	16.57
EBIT, 2 Yr. CAGR %	6.35	7.53	15.03	11.48	16.57
Earnings From Cont. Operations, 2 Yr. CAGR %	8.48	10.97	21.46	10.62	4.54
Net Income, 2 Yr. CAGR %	8.48	10.97	21.46	10.62	4.54
Normalized Net Income, 2 Yr. CAGR %	6.08	7.68	13.98	2.81	7.47
Diluted EPS Before Extra, 2 Yr. CAGR %	8.49	10.98	21.46	10.51	4.39
Accounts Receivable, 2 Yr. CAGR %	12.67	9.17	21.59	24.69	25.05
Inventory, 2 Yr. CAGR %	25.82	41.19	34.5	23.24	34.89
Net Property, Plant and Equip., 2 Yr. CAGR %	8.34	12.48	17.64	29.68	25.72
Total Assets, 2 Yr. CAGR %	12.15	17.11	20.51	30.7	27.79
Tangible Book Value, 2 Yr. CAGR %	13.85	16.07	16.76	15.69	14.62
Common Equity, 2 Yr. CAGR %	13.85	16.07	16.76	15.69	14.62
Cash From Operations, 2 Yr. CAGR %	2.83	5.42	7.72	-30.98	29.3
Capital Expenditures, 2 Yr. CAGR %	-19.96	46.41	46.59	64.39	12.16
Levered Free Cash Flow, 2 Yr. CAGR %	-52.29	54.13	651.23	61.51	6.95
Unlevered Free Cash Flow, 2 Yr. CAGR %	-46.82	59.69	614.18	57.97	-1.62
Dividend Per Share, 2 Yr. CAGR %	6.9	19.52	17.26	-5.13	-4.65
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.1	10.67	22.02	28.77	28.52
Gross Profit, 3 Yr. CAGR %	13.89	14.93	16.67	18.49	18.67
EBITDA, 3 Yr. CAGR %	7.09	9.55	11.4	13.46	18.1
EBITA, 3 Yr. CAGR %	6	7.5	11.67	10.94	17.85
EBIT, 3 Yr. CAGR %	6	7.5	11.67	10.94	17.85
Earnings From Cont. Operations, 3 Yr. CAGR %	7.16	9.68	17.46	11.12	14.94
Net Income, 3 Yr. CAGR %	7.16	9.68	17.46	11.12	14.94
Normalized Net Income, 3 Yr. CAGR %	5.17	7.79	10.61	5.57	10.46
Diluted EPS Before Extra, 3 Yr. CAGR %	7.15	9.68	17.46	11.05	14.83
Accounts Receivable, 3 Yr. CAGR %	17.93	10.76	18.08	18.5	29.27
Inventory, 3 Yr. CAGR %	20.4	36.99	30.46	35.11	26.56
Net Property, Plant and Equip., 3 Yr. CAGR %	16.61	8.9	16.75	22.76	25.74
Total Assets, 3 Yr. CAGR %	16.41	13.34	19.83	25.52	27.01
Tangible Book Value, 3 Yr. CAGR %	13.69	14.24	16.88	15.47	16.3
Common Equity, 3 Yr. CAGR %	13.69	14.24	16.88	15.47	16.3
Cash From Operations, 3 Yr. CAGR %	5.58	-14.57	29.82	-31.32	35.57
Capital Expenditures, 3 Yr. CAGR %	-15.56	-7.67	55.36	49.18	30.07
Levered Free Cash Flow, 3 Yr. CAGR %	-67.73	118.48	43.04	395.81	11.54
Unlevered Free Cash Flow, 3 Yr. CAGR %	-67.19	129.74	44.76	378.01	4.25
Dividend Per Share, 3 Yr. CAGR %	16.96	12.62	16.26	4	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.97	8.47	12.78	19.72	22.21
Gross Profit, 5 Yr. CAGR %	11.69	12.07	15.66	17.18	16.24
EBITDA, 5 Yr. CAGR %	6.61	6.97	10.05	11.6	13.94
EBITA, 5 Yr. CAGR %	5.74	6.13	9.53	9.08	13.61
EBIT, 5 Yr. CAGR %	5.74	6.13	9.53	9.08	13.61
Earnings From Cont. Operations, 5 Yr. CAGR %	8.34	8.72	12.66	10.05	13.34
Net Income, 5 Yr. CAGR %	8.34	8.72	12.66	10.05	13.34
Normalized Net Income, 5 Yr. CAGR %	7.08	6.63	8.61	5.77	9.34
Diluted EPS Before Extra, 5 Yr. CAGR %	8.34	8.71	12.66	10.02	13.28
Accounts Receivable, 5 Yr. CAGR %	18.43	14.45	19.38	16.13	20.82
Inventory, 5 Yr. CAGR %	16.56	23.22	25.85	31.31	32.22
Net Property, Plant and Equip., 5 Yr. CAGR %	17.82	21.52	17.02	16.77	20.26
Total Assets, 5 Yr. CAGR %	17.42	19.53	18.03	19.99	22.95
Tangible Book Value, 5 Yr. CAGR %	16.36	14.76	14.91	14.82	16.21
Common Equity, 5 Yr. CAGR %	16.36	14.76	14.91	14.81	16.2
Cash From Operations, 5 Yr. CAGR %	1.2	-0.21	6.44	-19.28	26.16
Capital Expenditures, 5 Yr. CAGR %	12.13	57.66	5.29	16.29	36.38
Levered Free Cash Flow, 5 Yr. CAGR %	-34.31	42.39	13.66	94.38	27.45
Unlevered Free Cash Flow, 5 Yr. CAGR %	-35.48	38.5	12.49	98.59	24.15
Dividend Per Share, 5 Yr. CAGR %	9.86	14.87	17.08	5.15	7.39