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 Q1FY25 was Rs 773 Cr, reflecting an 18% YoY growth, driven by approximately 15% volume growth.</li><li>Gross margins declined by 170 bps to 38.1%, impacted by hyperinflation in coffee prices.</li><li>EBITDA increased to Rs 130 Cr, a 22.5% YoY rise, while EBITDA margins improved to 16.8%, up 61 bps YoY, due to higher value contracts and smaller pack sizes (SKUs). </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 Q1FY25 was Rs 773 Cr, reflecting an 18% YoY growth, driven by approximately 15% volume growth.Gross margins declined by 170 bps to 38.1%, impacted by hyperinflation in coffee prices.EBITDA increased to Rs 130 Cr, a 22.5% YoY rise, while EBITDA margins improved to 16.8%, up 61 bps YoY, due to higher value contracts and smaller pack sizes (SKUs). 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 - Volume-Led Growth Continues; Maintain BUY

CCL Products India

CCL Products Ltd - Volume-Led Growth Continues; Maintain BUY