CCL Products (India) (CCL) Q1 25/26 earnings summary

Executive summary

• Achieved record quarterly turnover of INR 1,058 crore, up 37% year-over-year, crossing INR 1,000 crore for the first time.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, following audit committee recommendations and statutory auditor review.

• Financial statements prepared per Ind AS and SEBI guidelines, with unmodified limited review reports from auditors.

• Branded and retail business contributed INR 100 crore to domestic revenue, with total domestic sales at INR 150 crore for the quarter.

• Double-digit volume growth achieved, slightly lower than EBITDA growth, with guidance maintained for 10%-20% volume and 15%-20% EBITDA growth for the year.

Financial highlights

• Consolidated revenue from operations for Q1 FY26 was ₹1,05,563.89 lakhs, up from ₹77,329.36 lakhs in Q1 FY25.

• EBITDA grew 23% to INR 161.43 crore; net profit rose 1% to INR 72.45 crore, with PBT up 8% but impacted by higher interest and depreciation.

• Depreciation and interest costs at peak levels due to recent capacity additions; depreciation up 45% YoY and interest cost at INR 34 crore.

• Net debt reduced to INR 1,671 crore as of June, with a target to reach INR 1,350 crore by December 2025 and INR 1,200 crore by March 2026.

• Basic EPS for Q1 FY26 was ₹2.36 standalone and ₹5.45 consolidated, up from ₹1.89 and ₹5.37 respectively in Q1 FY25.

Outlook and guidance

• Volume and EBITDA growth guidance maintained at 10%-20% and 15%-20% respectively for the year.

• Branded business expected to reach or exceed INR 400 crore for the year.

• Interest and working capital costs expected to decline as coffee prices stabilize and debt is reduced.

• No major CapEx planned; focus on brand building and third-party manufacturing for new categories.

• Financial results and outlook available on stock exchange and company websites; prior period figures regrouped for comparability.