CCL Products (India) (NSE:CCL) Dividend Payout Ratio: 0.32 (As of Mar. 2026) — 23% Above Median


NSE:CCL CCL Products (India) Ltd NSE:CCL
92 GF Score
Price ₹1,173.00
GF Value ₹1,178.66
Valuation Fairly Valued
! 6 Warning Signs
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What is CCL Products (India) Dividend Payout Ratio?

CCL Products (India) NSE:CCL -1.13% 92 Dividend Payout Ratio is 0.32 as of Mar. 2026, which is 23% above its 10-year median of 0.26. GuruFocus rates NSE:CCL with a GF Score™ of 92/100 and a GF Value™ of ₹1,178.66 (Fairly Valued). The stock has 6 warning signs investors should review. Among 997 Consumer Packaged Goods companies, CCL Products (India) ranks better than 73.82% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. CCL Products (India)'s Dividend Payout Ratio for the months ended in Mar. 2026 was 0.32.

The historical rank and industry rank for CCL Products (India)'s Dividend Payout Ratio or its related term are showing as below:

NSE:CCL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.26   Max: 0.36
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of CCL Products (India) was 0.36. The lowest was 0.09. And the median was 0.26.

NSE:CCL's Dividend Payout Ratio is ranked better than
73.82% of 997 companies
in the Consumer Packaged Goods industry
Industry Median: 0.44 vs NSE:CCL: 0.27

As of today (2026-07-04), the Dividend Yield % of CCL Products (India) is 0.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CCL Products (India) was 2.41%. The lowest was 0.22%. And the median was 0.88%.

CCL Products (India)'s Dividends per Share for the months ended in Mar. 2026 was ₹2.75.

During the past 12 months, CCL Products (India)'s average Dividends Per Share Growth Rate was 287.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CCL Products (India) was 81.70% per year. The lowest was -33.10% per year. And the median was 12.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

CCL Products (India) (NSE:CCL) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

CCL Products (India) Dividend Payout Ratio Related Terms

CCL Products (India) Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for CCL Products (India)'s Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CCL Products (India) Dividend Payout Ratio Chart

CCL Products (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.23 0.27 0.09 0.27

CCL Products (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.66 0.00 0.32

NSE:CCL vs KHC, GIS: Dividend Payout Ratio Comparison

For the Packaged Foods subindustry, CCL Products (India)'s Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CCL Products (India) Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CCL Products (India)'s Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where CCL Products (India)'s Dividend Payout Ratio falls into.


NSE:CCL
92GF Score
CCL Products (India) Ltd NSE:CCL
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CCL Products (India) Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

CCL Products (India)'s Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=7.75/ 29.1
=0.27

CCL Products (India)'s Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=2.75/ 8.59
=0.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.32 mean?
CCL Products (India) (NSE:CCL) has a Dividend Payout Ratio of 0.32 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on CCL Products (India) and its competitors. This is 23% above median its historical median of 0.26. Over the past decade, CCL Products (India)'s Dividend Payout Ratio has ranged from 0.09 to 0.36. According to the industry distribution chart, CCL Products (India) ranks #261 out of 997 companies in the Consumer Packaged Goods industry, placing it in the top 26.2%.
Is CCL Products (India)'s Dividend Payout Ratio too high?
CCL Products (India)'s current Dividend Payout Ratio of 0.32 is 23% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.36. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.44. CCL Products (India)'s value of 0.32 is 27.3% below this industry median. Based on the distribution chart, CCL Products (India) ranks #261 out of 997 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, CCL Products (India) has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CCL Products (India)'s Dividend Payout Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, CCL Products (India) ranks #261 out of 997 companies for Dividend Payout Ratio. This puts CCL Products (India) in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. CCL Products (India)'s value of 0.32 is 27.3% below this benchmark. Historically, CCL Products (India)'s own Dividend Payout Ratio has ranged from 0.09 to 0.36 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.44, CCL Products (India) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.44, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CCL Products (India)'s current Dividend Payout Ratio of 0.32 is 27.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on CCL Products (India) and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CCL Products (India)'s current Dividend Payout Ratio is 0.32, which is 23% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CCL Products (India) stock overvalued right now?
Based on GuruFocus' analysis, CCL Products (India) (NSE:CCL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,178.66, compared to a current price of ₹1,173.00 — trading 0.5% below its estimated fair value. The current Dividend Payout Ratio is 0.32, which is 23% above median its 10-year median of 0.26 and 27.3% below the Consumer Packaged Goods industry median of 0.44. CCL Products (India)'s overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For CCL Products (India) (NSE:CCL), the current Dividend Payout Ratio is 0.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CCL Products (India) (NSE:CCL) Overvalued in 2026?

Based on GuruFocus' analysis, CCL Products (India) stock appears to be undervalued. The current stock price of ₹1,173.00 is trading 0.5% below its estimated GF Value™ of ₹1,178.66. GuruFocus considers CCL Products (India) to be Fairly Valued.

Key valuation signals for NSE:CCL:

  • Dividend Payout Ratio: 0.32 (23% above median its 10-year median of 0.26)
  • GF Value™: ₹1,178.66 vs. price of ₹1,173.00 (0.5% below fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 27.3% below the Consumer Packaged Goods median (#261 of 997)

No single metric tells the full story. See the NSE:CCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CCL Products (India) Business Description

Other Exchanges 519600:India
Address Ameerpet Road, 7-1-24-2/D, Greendale, Hyderabad, TG, IND, 500016
CCL Products (India) Ltd manufactures and markets a variety of processed coffee internationally. Its product offerings under various brands include spray-dried coffee powder, spray-dried coffee granules, freeze-dried coffee, freeze-concentrated liquid coffee, roasted and ground coffee, roasted coffee beans, and premix coffee. The company sells its products in India, and also in international markets like Singapore, Switzerland, and Vietnam through its subsidiaries.
92GF Score

Get the complete analysis for NSE:CCL

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,173.00
Price
₹1,178.66
GF Value