CCL Products posts double digits profits; Shares up by 13 Per cent

CCL Products India Limited has declared its Q4FY16 Results. The results are certainly impressive. Where, on a (QoQ) basis the Net Income from Operations has increased by 24 per cent and the Net Income stands at Rs 264.5 crores as compared to 212.92 crores for the previous quarter. EBITDA margin on a (QoQ) basis has also increased by 33 per cent and stands at Rs 60.89 crores as compared to 45.64 crores for the previous quarter. Net Profit on a (QoQ) basis has increased by 41 per cent and stands at Rs 36.66 crores as compared to 25.98 crores for the previous quarter.

On a (YoY) basis the Net Income from Operations stands at Rs 932.12 crores. Net Income has increased by 6 per cent. EBITDA has also been impressive, it stands at Rs 204.73 crores and has increased by 20 per cent on a (YoY) basis. Net Profit has also increased by 30 per cent on a (YoY) basis and stands at Rs 122.12 crores. On a CAGR basis the Net Income from operations over a period of 5 years has grown by 17 percent. EBITDA has grown by 22 per cent on a (YoY) basis for the period of 5 years.

The shares on the bourses are trading at Rs 219.50, which are up by 13.7 per cent on an intra-day basis. The shares are green, as the firm has posted a double digit EBITDA and profit margins.

CCL Products India Ltd. is an Indian company engaged in the business of manufacturing of Soluble instant coffee (commonly referred as instant Coffee made from coffee powder, is commercially prepared in solid form by either freeze-drying or Spray-drying). The company is also focusing on liquid coffee segment. The company operates in only one business segment viz., instant coffee.