CCL Products (India) Limited announced its financial results for the second quarter and half-year ended September 30, 2026. The company reported a consolidated turnover of INR1,215.99 crore for Q2 FY27, a 7.8% increase year-on-year. EBITDA grew by 9.5% to INR217.3 crore, and net profit rose by nearly 29% to INR130 crore. For H1 FY27, turnover grew approximately 11.6%, and net profit surged by 42%.
CCL Products Reports Strong Q2 FY27 Performance
CCL Products (India) Limited has announced a robust financial performance for the second quarter and the first half of the fiscal year 2026-27. The company showcased significant growth across key financial metrics, driven by strong operational execution and a healthy domestic business.
Q2 FY27 Financial Highlights
For the second quarter ended September 30, 2026, the group registered a consolidated turnover of INR1,215.99 crore, marking a value growth of 7.8% compared to INR1,128.21 crore in the corresponding quarter of the previous year. This growth was underpinned by a double-digit volume increase. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at INR217.3 crore, reflecting a growth of 9.5% from INR198.6 crore. Profit Before Tax (PBT) increased by 18.7% to INR150.86 crore, and the net profit saw a substantial jump of almost 29% to INR130 crore.
First Half FY27 Performance
In the first half of FY27, CCL Products achieved a consolidated turnover of INR2,419.58 crore, an approximate growth of 11.6% over INR2,186.25 crore in H1 FY26. EBITDA for the first half reached INR414 crore, an increase of almost 15% from INR360 crore. The PBT grew by 26.48% to INR279.88 crore, and the net profit for the first half stood at INR246.96 crore, growing by an impressive 42%.
Domestic Business Momentum
The domestic business continued to show strong momentum, achieving a gross turnover of INR210 crore in the quarter, with brand sales contributing approximately INR140 crore. The branded business demonstrated a growth of 25%, a trend the company expects to maintain.
Green Coffee Prices and Outlook
Regarding green coffee prices, the company noted that they remain range-bound, fluctuating between USD3,400 and USD3,800 per ton. While El Nino and flood reports exist, pre-harvest prices are stable, suggesting potential further reductions. The company anticipates a robust order position for Q3 and Q4, with expectations to meet the initial guidance of around 15% volume growth and similar EBITDA growth for the full year.
Capacity and Expansion
Capacity utilization is reported to be around 70% overall, with freeze-dried utilization being higher. The company has adequate spray-dried capacity for the next 2-3 years and is monitoring freeze-dried capacity closely. Discussions are ongoing for strategic partnerships and potential capacity augmentation. The company is comfortable with its current debt levels and cash flow generation, indicating that future capacity expansion can be funded through internal accruals if necessary.
Source: BSE
