CCL Products (India) (CCL) Q4 25/26 earnings summary

Executive summary

• Achieved Q4 turnover of INR 1,226.39 crores, up 46% year-over-year; full-year turnover at INR 4,465.80 crores, up 43% year-over-year.

• Consolidated revenue for FY26 reached ₹445,737.34 lakhs, compared to ₹310,574.99 lakhs in FY25.

• Q4 net profit at INR 114.53 crores, up 12% year-over-year; full-year net profit at INR 388.11 crores, up 25%.

• Consolidated net profit for FY26 was ₹38,810.60 lakhs, up from ₹31,033.65 lakhs year-over-year.

• Board recommended a final dividend of ₹3.00 per share, in addition to an interim dividend of ₹2.75 per share for FY26.

Financial highlights

• Q4 EBITDA at INR 193.76 crores, up 16% year-over-year; full-year EBITDA at INR 741.38 crores, up 32%.

• Q4 profit before tax at INR 123.1 crores, up 16%; full-year profit before tax at INR 460.74 crores, up 31%.

• Standalone EPS for FY26: ₹21.56 (basic), up from ₹6.93 in FY25; consolidated EPS: ₹29.10 (basic), up from ₹23.26.

• Other income for FY26 included ₹16,284.02 lakhs from the Vietnam subsidiary.

• Volume growth for the year and quarter at 18-20%.

Outlook and guidance

• FY 2027 guidance: 15% volume growth and 15% EBITDA growth.

• Branded business expected to maintain 25% volume growth.

• No major CapEx planned for next two years; maintenance CapEx of INR 25-35 crores annually.

• Capacity utilization at 65% for FY 2026, expected to rise to 72-73% in FY 2027.

• Board continues to monitor regulatory changes, especially labor codes, for future impact.