CCL Products Achieves 52-Week High Amid Strong Sales and Operational Efficiency

CCL Products (India) has made headlines today as its stock price reached a new 52-week high of Rs. 935.9, marking a significant milestone for the midcap FMCG company. Despite this achievement, the stock has slightly underperformed its sector by 0.73% today, following a trend reversal after three consecutive days of gains.
In terms of performance metrics, CCL Products reported its highest quarterly net sales at Rs. 835.85 crore and a record PBDIT of Rs. 163.28 crore, showcasing robust operational efficiency with an operating profit to net sales ratio of 19.53%. The company boasts a return on capital employed (ROCE) of 12.4, indicating an attractive valuation relative to its peers.

Over the past year, CCL Products has delivered an impressive return of 44.22%, significantly outpacing the Sensex, which has only gained 2.46% in the same period. Institutional holdings stand strong at 31.84%, reflecting confidence in the company's fundamentals. While the stock has shown remarkable performance, it is essential to note that operating profit growth has averaged 13.84% annually over the last five years, highlighting potential long-term growth considerations.