CCL Products Upgraded to Quality Grade Amid Strong Financial Performance and Growth Metrics

CCL Products (India), a midcap player in the Tea/Coffee industry, has recently undergone an evaluation revision that reflects its current financial standing. The company has demonstrated notable sales growth over the past five years, achieving a rate of 22.21%. Additionally, its EBIT growth during the same period stands at 13.84%, indicating a solid operational performance.
In terms of financial health, CCL Products maintains a favorable EBIT to interest ratio of 9.89, suggesting effective management of its debt obligations. The company's debt to EBITDA ratio is recorded at 2.47, while its net debt to equity ratio is 0.62, highlighting a balanced approach to leveraging. The sales to capital employed ratio is at 0.81, which is indicative of efficient capital utilization.

The company also boasts a tax ratio of 11.89% and a dividend payout ratio of 23.94%, reflecting its commitment to returning value to shareholders. With institutional holdings at 31.09%, CCL Products shows a stable investor base.

When compared to its peers, CCL Products has exhibited strong performance metrics, particularly in sales growth and returns over various time frames, outperforming the broader market index in several instances. This context underscores the company's competitive position within the industry.