Last Updated: Thursday, February 4, 2016

CCL Products Ltd: Is it high time to bottom finish?


CCL Products Ltd FY16 Q3 Result Analysis-multibagger-hidden-gem

Know your company: CCL Products India

BSE: 519600 | NSE: CCL | ISIN: INE421D01022 | SECTOR: PLANTATIONS - TEA & COFFEE
NSE Feb 04, 15:56: CMP 164.70 | 52 WK LOW- 153.90 | 52 WK HIGH 254.00




About CCL Products India



CCL Products (India) Limited, founded in 1994 is one of the finest and the richest instant coffee products maker in the world. The company has its business over 60 countries across the world. Today, it has Export Oriented Unit (EOU) with the right to import green coffee from any part of the world and export processed coffee across the world.

CCL Products Ltd has market cap of Rs. 2,194.96 Cr., today it closed at Rs.164.70. 


Stock-Idea-CCL Products (India)-Limited-investment-buy-multibagger-sound-fundamental-company

Key Highlights;
  • MARKET CAP (RS CR): 2,194.96
  • P/E: 27.82
  • BOOK VALUE (RS): 30.43
  • DIV (%): 75.00%
  • INDUSTRY P/E: 29.28
  • EPS (TTM) : 5.93
  • PRICE/BOOK : 5.42
  • DIV YIELD.(%) : 0.91%
  • FACE VALUE (RS) : 2.00


CCL Products Ltd (Q3 FY16) result update for quarter ended Dec '15

  • CCL Products Ltd has reported a consolidated total income from operations of Rs 212.92 crore and a Net Profit of Rs 25.98 crore for the quarter ended Dec '15. Read more >>>
  • Revenue decline in by 11.8% to Rs213cr.
  • Standalone operations fell down by 6% to Rs161cr.
  • However the management stated that consolidated EBITDA will be ~Rs195cr and PAT-level growth will be at least 25% for FY16E excluding export incentives to be received from the government. Read more >>>

Consolidated Result table
Y/E Mar (Rs cr)
Q3 FY16
Q2 FY16
% qoq
Q3 FY15
% yoy
Net sales
213
235
(9.4)
241
(11.8)
Net RM
(120)
(141)
(14.9)
(152)
(20.9)
Power/Fuel cost
(13)
(11)
(20.1)
(13)
5.6
Other expenses
(34)
(35)
(1.8)
(31)
8.3
Operating profit
46
48
(5.7)
46
0.1
OPM (%)
21.4
20.6
84bps
18.9
255bps
Depreciation
(7)
(7)
(0.8)
(7)
1.5
Interest
(3)
(3)
2.2
(3)
(19.2)
Other income
1
1
(58.7)
1
(52.3)
PBT
36
40
(8.7)
36
0.1
Tax
(10)
(11)
(2.0)
(10)
1.7
Effective tax rate (%)
28.7
26.7
198bps
28.3
45bps
PAT
26
29
(11.2)
26
(0.5)
PAT margin (%)Result News
12.2
12.4
(24)bps
10.8
138bps
*Source: Company, India Infoline Research

Is it high time to bottom finish in CCL Products Ltd ??


IIFL View on CCL Products Ltd;

IIFL believes even though CCL Products Ltd missed estimates in Q3 FY16 yet its structural story remains intact. So, IIFL give BUY Call on CCL Products Ltd at CMP Rs179, Target Rs301, Upside 68.0%. Read more >>>

Keyworld: CCL Products Ltd FY16 Q3 Result Analysis | Result News | IIFL View on CCL Products Ltd | Board Meeting | Quarterly Results & Interim Dividend Board Meeting | Quarterly Results | Board Meeting | Quarterly Results | CCL Products India Ltd.

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