CCL Products Limited: Result Update Q4FY19
13th May 2019
CCL Products Limited (CCL), the world’s largest instant coffee exporter, has posted it Q4 FY 2019 numbers today. The Company has reported a whooping 111% jump in its Net Profit YoY basis.
Total Income for the current quarter ended 31 March 2019 stood at INR 225.31 Cr compared to INR 225.68 Cr for the corresponding quarter of the previous year. Almost flat QoQ basis.
Total Income for the financial year ended 31st March 2019 is INR 839.31 Cr compared to INR 828.67 Cr for the previous year, a 1.28% growth YoY basis.
The Profit After Tax for the current quarter is INR 49.30 Cr (which includes dividend amount of INR 28.25 Cr received from overseas subsidiary. M/s. Ngon Coffee Company Ltd, Vietnam) compared to INR 23.41 Cr for the corresponding quarter of the previous year, a growth of 111% year-on-year basis.
The PAT for the financial year ended 31st March 2019 stood at INR 125.42 Cr compared to INR 97.76 Cr for the previous year, a growth of 28.29% YoY basis.
Dividend: The Board of Directors has recommended a final dividend of INR 1.75/- per equity share of Rs. 2/- each, in addition to an interim dividend of INR 1.75/ per equity share declared by the Board of Directors during the year in their Board Meeting held on 23rd March 2019, for the year ended 3lst March 2019.
Thus the total amount of dividend for the year 2018-19 is INR 3.50/- per equity share of Rs. 2/- each
About CCL Products
CCL Products (India) Limited is engaged in the production, trading and distribution of Coffee.
History: CCL Products (India) Limited, a listed public company limited by shares was founded in the year 1994 with the vision of creating only the finest and the richest coffee in the world.
Business: CCL Products has business operations mainly in India, Vietnam and Switzerland.
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Products: Upholding the reputation for being one of the most trusted brands in the industry, CCL Products Limited is committed to delivering its promise of manufacturing unparalleled quality products.
The company’s main products can be classified as –
(1) Spray Dried Coffee Powder,
(2) Spray Dried Coffee Granules,
(3) Freeze Dried Coffee,
(4) Freeze Concentrated Liquid Coffee,
(5) Roast & Ground Coffee,
(6) Roasted Coffee Beans, And
(7) Premix Coffee
Stock Price Movement
The stock ended 20 paise lower to INR 270.05 on NSE when the market closed on Monday! During the quarter ended 31st March 2019, the share prices of CCL Product has made a low of INR 257 and high of INR 307
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CCL Product on Technical Charts
CCL Product share price is trading marginally below when compared to its 200 EMA (274) and its 50 EMA (272)
Average Return
The stock traded almost flat over the past 6 months and delivered 10.60% negative returns over the last 12 months.
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CCL Products current market cap is more than INR 3600 Cr and trading at a PE ratio of 21.55
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