India · Delayed Price · Currency is INR CCL Products (India) Earnings Call Transcripts
Fiscal Year 2026
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Q4 and FY26 saw strong revenue and profit growth, with significant debt reduction and robust branded and D2C business expansion. FY27 guidance targets 15% volume and EBITDA growth, with no major CapEx planned and continued focus on premiumization and international expansion.
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Q3 and nine-month results showed robust revenue and profit growth, with strong volume momentum and improved EBITDA per kg. Debt reduction and working capital efficiencies supported free cash flow, while branded retail and international segments continued to expand.
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Q2 and H1 saw strong revenue and profit growth, with robust volume gains and improved EBITDA per kg. Branded and B2B segments both expanded, while operational efficiencies and internal funding support future growth. Coffee price volatility and tariffs remain key risks.
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Record quarterly turnover of INR 1,058 crore (up 37% YoY) with 23% EBITDA growth and strong branded business momentum. Net debt reduced to INR 1,671 crore, with further reductions targeted as coffee prices stabilize and working capital needs decline.
Fiscal Year 2025
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Q4 and FY25 saw strong revenue and profit growth, driven by high-margin contracts and expansion in Vietnam. Working capital and debt rose due to higher coffee prices, but profitability guidance remains at 15%-20% CAGR. Domestic and export segments are both targeted for aggressive growth.
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Q3 FY25 saw 14% revenue growth and flat net profit due to higher taxes, with strong YTD EBITDA and domestic B2C growth. Focus remains on market share gains, margin protection, and debt reduction as new capacity comes online.
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Q2 FY25 saw 21.5% year-over-year growth in both revenue and net profit, with strong domestic and branded business momentum. Capacity utilization is high, no new CapEx is planned, and coffee prices are expected to remain stable, supporting continued growth.
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Q1 FY25 saw 18% year-over-year growth in both revenue and net profit, with strong domestic and branded business performance. Volume growth was 15%-16%, and EBITDA margin improved due to high-value contracts. Debt rose to INR 1,885 crore, with further increases expected if coffee prices stay elevated.