CCL Products (India) (NSE:CCL) ROE %: 19.54% (As of Mar. 2026) — Near Median


NSE:CCL CCL Products (India) Ltd NSE:CCL
92 GF Score
Price ₹1,163.20
GF Value ₹1,176.57
Valuation Fairly Valued
! 5 Warning Signs
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What is CCL Products (India) ROE %?

CCL Products (India) NSE:CCL -0.33% 92 ROE % is 19.54% as of Mar. 2026, which is 6% above its 10-year median of 18.43. GuruFocus rates NSE:CCL with a GF Score™ of 92/100 and a GF Value™ of ₹1,176.57 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, CCL Products (India) ranks better than 83.09% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CCL Products (India)'s annualized net income for the quarter that ended in Mar. 2026 was ₹4,581 Mil. CCL Products (India)'s average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹23,446 Mil. Therefore, CCL Products (India)'s annualized ROE % for the quarter that ended in Mar. 2026 was 19.54%.

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

NSE:CCL' s ROE % Range Over the Past 10 Years
Min: 15.77   Med: 18.43   Max: 23.48
Current: 18.2

During the past 13 years, CCL Products (India)'s highest ROE % was 23.48%. The lowest was 15.77%. And the median was 18.43%.

NSE:CCL's ROE % is ranked better than
83.09% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs NSE:CCL: 18.20

CCL Products (India)  (NSE:CCL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4581/23445.548
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4581 / 48977.752)*(48977.752 / 43262.909)*(43262.909 / 23445.548)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.35 %*1.1321*1.8453
=ROA %*Equity Multiplier
=10.59 %*1.8453
=19.54 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4581/23445.548
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4581 / 4925.652) * (4925.652 / 6055.616) * (6055.616 / 48977.752) * (48977.752 / 43262.909) * (43262.909 / 23445.548)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.93 * 0.8134 * 12.36 % * 1.1321 * 1.8453
=19.54 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


CCL Products (India) ROE % Related Terms


CCL Products (India) ROE % Historical Data

* Premium members only.

The historical data trend for CCL Products (India)'s ROE % 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) ROE % Chart

CCL Products (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.48 20.67 15.77 17.05 18.00

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
ROE % 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 20.71 14.73 19.33 19.22 19.54

NSE:CCL vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, CCL Products (India)'s ROE %, along with its competitors' market caps and ROE % 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) ROE % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where CCL Products (India)'s ROE % falls into.


NSE:CCL
92GF Score
CCL Products (India) Ltd NSE:CCL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CCL Products (India) ROE % Calculation

CCL Products (India)'s annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=3880.987/( (19672.28+23445.548)/ 2 )
=3880.987/21558.914
=18.00 %

CCL Products (India)'s annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=4581/( (0+23445.548)/ 1 )
=4581/23445.548
=19.54 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 19.54% mean?
CCL Products (India) (NSE:CCL) has a ROE % of 19.54% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on CCL Products (India) and its competitors. This is near median its historical median of 18.43. Over the past decade, CCL Products (India)'s ROE % has ranged from 15.77 to 23.48. According to the industry distribution chart, CCL Products (India) ranks #324 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 16.9%.
Is CCL Products (India)'s ROE % too high?
CCL Products (India)'s current ROE % of 19.54% is near median its 10-year median of 18.43. Over the past 10 years, this metric has ranged from a low of 15.77 to a high of 23.48. The Consumer Packaged Goods industry median ROE % is 6.72. CCL Products (India)'s value of 19.54% is 190.8% above this industry median. Based on the distribution chart, CCL Products (India) ranks #324 out of 1916 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. 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 ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, CCL Products (India) ranks #324 out of 1916 companies for ROE %. This places CCL Products (India) in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. CCL Products (India)'s value of 19.54% is 190.8% above this benchmark. Historically, CCL Products (India)'s own ROE % has ranged from 15.77 to 23.48 over the past decade. While the company's 10-year median is 18.43 vs. the industry median of 6.72, CCL Products (India) has consistently been above 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CCL Products (India)'s current ROE % of 19.54% is 190.8% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on CCL Products (India) and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CCL Products (India)'s current ROE % is 19.54%, which is near median its own 10-year median of 18.43. 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 ₹1,176.57, compared to a current price of ₹1,163.20 — trading 1.1% below its estimated fair value. The current ROE % is 19.54%, which is near median its 10-year median of 18.43 and 190.8% above the Consumer Packaged Goods industry median of 6.72. CCL Products (India)'s overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For CCL Products (India) (NSE:CCL), the current ROE % is 19.54% 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 ₹1,163.20 is trading 1.1% below its estimated GF Value™ of ₹1,176.57. GuruFocus considers CCL Products (India) to be Fairly Valued.

Key valuation signals for NSE:CCL:

  • ROE %: 19.54% (near median its 10-year median of 18.43)
  • GF Value™: ₹1,176.57 vs. price of ₹1,163.20 (1.1% below fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 190.8% above the Consumer Packaged Goods median (#324 of 1916)

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

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

₹1,163.20
Price
₹1,176.57
GF Value