Revenue from operations stood at ₹1,200 crore in Q1FY27, up 13.7% year-on-year from ₹1,056 crore in Q1FY26.
The company’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased 21.8% to ₹193.5 crore during the quarter, compared with ₹159 crore in the same period a year ago. EBITDA margin improved to 16.1% in the June quarter from 15.1% in the year-ago period.
ALSO READ | CCL Products Q4 net profit rises 12% as revenue jumps 47%; declares ₹3 dividend
In June this year, CCL Products said it remains optimistic about its growth prospects for FY27, with the company maintaining guidance of around 15% growth in both volumes and earnings despite volatility in global commodity markets.
Praveen Jaipuriar, CEO of CCL Products India, “What we are guiding the market is that we will keep the volume growth at 15%, and we will try and maintain the earnings before interest, taxes, depreciation, and amortisation (EBITDA) growth also in the region of 15%, not kind of taking it up to 20% or 25% on the back of a volume growth.”
Jaipuriar highlighted that the demand conditions remain healthy while supply-side pressures in the coffee market have eased significantly. Coffee prices have already declined about 20% from last year’s levels, and expectations of a better crop in Brazil could lead to further softening.
ALSO READ | CCL Products stays confident on growth even as coffee prices remain high
The company had delivered volume growth of around 18-20% in the previous year, with the March quarter recording growth closer to 20%. A significant part of the revenue growth, however, came from higher coffee prices.
CCL follows a cost-plus business model and purchases raw material against confirmed orders. As a result, fluctuations in coffee prices do not materially alter profitability, with the company focusing on maintaining EBITDA per kilogram rather than percentage margins.
According to Jaipuriar, lower coffee prices are positive for customers as they provide greater visibility and encourage long-term contracts.
Although geopolitical tensions have affected logistics to some extent, the company believes its supply chain remains relatively insulated. Most of its coffee sourcing comes from Brazil and Southeast Asia, while key markets are spread across North America, Europe, CIS countries and Asia.
ALSO READ | CCL Products brews a strong Q3 as profit jumps 59%, margins improve on higher volumes
Shares of CCL Products (India) Ltd ended at ₹1,171.00, down by ₹11.55, or 0.98%, on the BSE.
