External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>CCL Products’ consolidated revenue for Q4FY24 stood at Rs 727 Cr, reporting a growth of 40% YoY led by 8-10% volume growth in Q4 (14% volume growth in FY24).</li><li>The company’s gross margins declined by 907bps to 43%, led by hyperinflation in coffee prices. Its EBITDA stood at Rs 118 Cr, up by 4.5% YoY; however, EBITDA margins came in at 16.3% (miss), down by 548 bps YoY due to higher operating expenses.</li><li>The company’s Adj. PAT stood at Rs 65 Cr (miss), declining by 24% YoY.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

CCL Products’ consolidated revenue for Q4FY24 stood at Rs 727 Cr, reporting a growth of 40% YoY led by 8-10% volume growth in Q4 (14% volume growth in FY24).The company’s gross margins declined by 907bps to 43%, led by hyperinflation in coffee prices. Its EBITDA stood at Rs 118 Cr, up by 4.5% YoY; however, EBITDA margins came in at 16.3% (miss), down by 548 bps YoY due to higher operating expenses.The company’s Adj. PAT stood at Rs 65 Cr (miss), declining by 24% YoY.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CCL Products Ltd - High Double-Digit Volume Growth Outlook Continues

CCL Products India

CCL Products Ltd - High Double-Digit Volume Growth Outlook Continues