Current Rating and Its Significance
MarketsMOJO currently assigns a 'Buy' rating to CCL Products (India) Ltd, indicating a positive outlook for the stock based on a comprehensive evaluation of its quality, valuation, financial trend, and technical indicators. This rating suggests that investors may consider adding or holding the stock in their portfolios, expecting reasonable returns relative to its risk profile.
The rating was revised from 'Strong Buy' to 'Buy' on 18 Nov 2025, reflecting a slight adjustment in the overall assessment. The Mojo Score currently stands at 78.0, down from 81, signalling a still favourable but more cautious stance.
Here’s How the Stock Looks Today
As of 25 December 2025, CCL Products (India) Ltd continues to demonstrate solid fundamentals and growth potential. The company operates within the FMCG sector and is classified as a smallcap stock, which often implies higher growth prospects accompanied by greater volatility.
Recent quarterly results have been encouraging, with net sales reaching a record ₹1,126.73 crores. Operating profit to interest coverage ratio stands at a robust 6.04 times, indicating strong operational efficiency and manageable debt servicing costs. Profit before tax excluding other income grew by 43.7% compared to the previous four-quarter average, highlighting accelerating profitability.
Quality Assessment
CCL Products holds a 'good' quality grade, reflecting its consistent operational performance and sound business model. The company has maintained steady returns over the last three years, outperforming the BSE500 index annually. Institutional investors hold a significant 32.36% stake, which has increased by 0.52% in the last quarter, signalling confidence from knowledgeable market participants.
Valuation Perspective
The stock is currently rated as 'attractive' on valuation grounds. With a return on capital employed (ROCE) of 15.5%, the company demonstrates efficient use of capital to generate profits. The enterprise value to capital employed ratio is 4.2, suggesting the stock trades at a discount relative to its peers' historical valuations. The price-to-earnings-to-growth (PEG) ratio stands at 1.6, indicating a reasonable balance between growth expectations and current price levels.
Register here to know the latest call on CCL Products (India) Ltd
- - Fundamental Analysis
- - Technical Signals
- - Peer Comparison
Financial Trend
The financial trend for CCL Products is rated 'positive'. The company has delivered a 29.14% return over the past year, outperforming the broader market indices. Profit growth over the same period was 23.5%, underscoring healthy earnings momentum. The latest quarterly data confirms continued expansion in sales and profitability, supporting the positive outlook.
Technical Outlook
Technically, the stock is classified as 'bullish'. Despite a minor 1.1% decline on the day of reporting, the stock has shown resilience with a 6-month gain of 12.29% and a 3-month gain of 3.77%. The price strength and momentum indicators suggest that the stock remains in an upward trajectory, which complements the fundamental positives.
Investor Implications
For investors, the 'Buy' rating on CCL Products (India) Ltd implies a recommendation to consider the stock as a favourable investment opportunity within the FMCG sector. The combination of good quality, attractive valuation, positive financial trends, and bullish technicals provides a balanced foundation for potential capital appreciation. However, as with all smallcap stocks, investors should remain mindful of volatility and market conditions.
Fundamentals that don't lie! This Small Cap from Trading shows consistent growth and price strength over time. A reliable pick you can truly count on.
- - Strong fundamental track record
- - Consistent growth trajectory
- - Reliable price strength
Summary
In summary, CCL Products (India) Ltd's current 'Buy' rating reflects a well-rounded assessment of its business quality, valuation attractiveness, positive financial trajectory, and supportive technical signals. The stock's recent performance and institutional backing further reinforce its appeal for investors seeking growth within the FMCG sector. While the rating is slightly more conservative than the previous 'Strong Buy', it still indicates confidence in the company’s prospects as of 25 December 2025.
Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Today
