BSECompany Update30 Jul 2026 · 30 Jul 2026, 01:57 pm
The transcript for the investor''s call held on 28.07.2026 along with the link of the same is attached herewith.
CCL Products (India) Ltd · 519600
✦ AI Summary▲ PositiveResults
CCL Products (India) Ltd reported Q1 FY27 results with a turnover of INR1,203.59 crores, a 13.76% growth from the previous year, driven by 20% volume growth. EBITDA grew 21.84% to INR196.69 crores, and net profit grew 61.31% to INR116.87 crores.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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CCL Products (India) Ltd - 519600 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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Date: 30.07.2026
To To
The Listing Department, The Corporate Relations Department,
National Stock Exchange of India Limited BSE Limited,
Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers,
G Block, Bandra – Kurla Complex, Dalal Street,
Bandra East, Mumbai – 400051. Mumbai – 400001.
Scrip Code: CCL Scrip Code: 519600
Dear Sir/Madam,
Subject: Transcript of the Conference Call held to discuss the results of Q1 FY 2026-27
as required under Regulation 30 of SEBI (LODR) Regulations, 2015
With reference to the above-mentioned subject, we wish to inform that,
i) The copy of the Transcript of the Conference call held on Tuesday, 28th July, 2026, to discuss
the results of the first quarter of the financial year 2026-27 is enclosed herewith.
ii) The Transcript is also uploaded on the Company's Website and the web-link for the same is:
https://www.cclproducts.com/wp-content/uploads/2026/07/Q1-Earnings-Call-transcript-2026-27.pdf
iii) The List of Management attendees is stated in the transcript.
iv) No Unpublished Price Sensitive Information was discussed in the call.
This is for your information and necessary records.
Yours sincerely,
For CCL Products (India) Limited
Sridevi Dasari
Company Secretary & Compliance Officer
CCL PRODUCTS (INDIA) LIMITED
CORPORATE OFFICE:
8-2-269/4A, Road No. 2, Banjara Hills, Hyderabad- 500034, Telangana, India.
+91 40 23730855
REGISTERED OFFICE:
Duggirala, Guntur Dist. 522330, A.P., India. | CIN L15110AP1961PLC000874
+918644 277294 | info@continental.coffee | www.cclproducts.com | www.continental.coffee
“CCL Products (India) Limited
Q1 FY27 Earnings Conference Call”
July 28, 2026
MANAGEMENT: MR. CHALLA SRISHANT – MANAGING DIRECTOR –
CCL PRODUCTS (INDIA) LIMITED
MR. B. MOHAN KRISHNA – EXECUTIVE DIRECTOR –
CCL PRODUCTS (INDIA) LIMITED
MR. PRAVEEN JAIPURIAR – CHIEF EXECUTIVE
OFFICER – CCL PRODUCTS (INDIA) LIMITED
MR. CHAITHANYA AGASTHYARAJU – CHIEF
FINANCIAL OFFICER – CCL PRODUCTS (INDIA)
LIMITED
MS. SRIDEVI DASARI – COMPANY SECRETARY AND
COMPLIANCE OFFICER – CCL PRODUCTS (INDIA)
LIMITED
MODERATOR: MR. DIPAK SAHA – ASHIKA INSTITUTIONAL EQUITIES
Page 1 of 19
CCL Products (India) Limited
July 28, 2026
Moderator: Ladies and gentlemen, good day, and welcome to CCL Products (India) Limited Q1 FY27
Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode
and there will be an opportunity for you to ask questions after the presentation concludes. Should
you need assistance during the conference call, please signal an operator by pressing star then
zero on your touch-tone phone. Please note that this conference is being recorded.
I now hand the conference over to Mr. Dipak Saha from Ashika Institutional Equities. Thank
you, and over to you, Mr. Saha.
Dipak Saha: Thank you. Good morning, everyone. On behalf of Ashika Institutional Equities, it's indeed a
great pleasure to host the Q1 FY27 earnings call of CCL Products (India) Limited. Joining us
today to discuss the earnings call for the quarter ended 30th June 2026, are Mr. Challa Srishant,
Managing Director; Mr. Praveen Jaipuriar, Chief Executive Officer; Mr. B. Mohan Krishna,
Executive Director; Mr. Chaithanya Agasthyaraju, Chief Financial Officer; Ms. Sridevi Dasari,
Company Secretary and Compliance Officer. We thank our management for giving us the
opportunity to host the call.
I would now like to hand over the call to Mr. Praveen sir for his opening remarks, post which
we'll open the floor for Q&A. Thank you, and over to you, Praveen sir.
Praveen Jaipuriar: Thank you, Ashika Securities, for holding the call. Good morning, everyone. I welcome you all
to the first conference call of FY26-'27. Let me begin by giving you a brief overview of
company's performance in the first quarter.
The group has achieved a turnover of INR1,203.59 crores for the first quarter as compared to
INR1,058 crores for the corresponding quarter of the previous year, achieving a growth of
13.76%. This was on the back of almost 20% volume growth. However, since our top line is a
function of green coffee prices, the revenue growth stands at 13.76%.
Our business model is such that the EBITDA growth follows the volume growth, and this was
reflected with a growth of 21.84% in EBITDA. In actual terms, the EBITDA stands at
INR196.69 crores as against INR161.42 crores.
The profit before tax is INR129.02 crores, growing at 36.98%, and the net profit stands at
INR116.87 crores, with a growth of 61.31%. As far as the green coffee prices are concerned,
they are right now range about between INR3,300 to INR3,800, but there is a certain amount of
volatility that still exists owing to simultaneously bearish and bullish factors claimed.
The bearish factors are the fact that the Brazil supplies were good, but there have been some
bullish factors as well with the news of El Nino setting in. There are certain reports saying that
this could hamper the Vietnam crop that is likely to come in -- that is going to come in November,
December. So therefore, we still see certain volatility. But long-term, we believe that the prices
will be at these levels, and we don't see much of an increase from these levels.
Page 2 of 19
CCL Products (India) Limited
July 28, 2026
The domestic business continues to grow well and has achieved a gross turnover of INR180
crores, out of which approximately INR125 crores is the branded business. There is consistent
market share gains across geographies and platforms, and we will continue to drive aggressive
distribution in the South and increase our presence in the rest of the South markets.
I'll just now hand over the call to our CFO, who will give a bit of a color on the balance sheet
situations, and then we'll open the floor for question-and-answers.
Chaithanya Agasthyaraju: Good morning, everyone. We are beginning the financial year on a very strong note. Sales at
INR1,250 crores represents 14% year-on-year growth compared to INR1,058 crores a year ago.
EBITDA at INR197 crores compared to INR161 crores, representing a growth of 22%. But
before we get into the financial year FY 27, quarter 1 results, it is appropriate that we refresh or
revisit what exactly transpired in FY26 because what transpired in FY26 is what gets translated
into FY27.
FY26 is actually a year of inflection point for us, the year in which we have grown and we have
grown profitably. Top line has grown to INR4,457 crores in FY26, representing a 43.5% year-
on-year growth. PAT at INR388 crores represents 25% year-on-year growth. EBITDA was at
INR741 crores. While these are the numbers that attract the attention, the most or the major
improvement actually happened in the balance sheet.
We have significantly derisked the balance sheet in FY26 by deleveraging. From the peak debt
of close to INR1,950 crores in December '24, debt has come down to INR1,268 crores by March
'26. Net debt was even lower at INR1,073 crores.
We have identified that there was an overhang of debt in our financials. We devised a strategy.
We communicated with you. We talked about the debt reduction plan that we had and the sudden
shift in our finance strategy towards a more working capital and cash flow-centric approach. We
executed this strategy religiously and delivered the results which are measurable and which have
significantly derisked our balance sheet.
All this happened without dilution of equity, without sale of any non-core assets or without
pausing the growth. In fact, in the last financial year, we have grown significantly. At the same
time, we deleveraged the balance sheet. The deleveraging happened by focusing exclusively on
operational efficiencies. The cash flows have actually surged in the last financial year to INR858
crores from INR290 crores a year ago and INR55 crores a year before that.
Working capital days have actually come down by 80 days to 166 days. Now all these
improvements give us a strength to support the growth and the ability to withstand the green
coffee fluctuations. These measures,
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