CCL Products (India) Ltd Share Price Target 2024, 2025 to 2030

CCL Products (India) Limited, established in 1994, is a global leader in the coffee industry, recognized as the largest exporter of instant coffee and a prominent private-label manufacturer. The company exports its diverse range of coffee products, including spray-dried, freeze-dried, agglomerated, roast, and ground coffee, to over 90 countries. Operating under its Continental brand, CCL offers blends tailored to various preferences. With state-of-the-art manufacturing facilities, the company ensures high-quality production standards. Led by Mr. Challa Rajendra Prasad, Executive Chairman, and Mr. Challa Srishant, Managing Director, CCL has been instrumental in placing Indian soluble coffee on the global stage.

Recent News on CCL Products (India) Ltd 

CCL Products (India) Limited recently made significant announcements, reflecting its robust growth and shareholder commitment. At its Annual General Meeting held on September 20, 2024, the company approved a final dividend of ₹2.00 per equity share for the financial year 2023-24, reinforcing its focus on delivering value to shareholders. In addition, LKP Securities has issued a buy recommendation on CCL Products with a target price of ₹881, signaling confidence in the company’s future performance. Currently, the stock trades around ₹750.15. Further boosting its growth prospects, CCL Products has revealed plans for an ₹800 crore expansion to enhance its production capabilities, positioning itself for sustained global leadership in the coffee sector.

Shareholding Patterns of CCL Products (India)

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters +	46.26%	46.26%	46.26%	46.26%	46.09%
FIIs +	7.70%	7.75%	7.77%	8.12%	9.76%
DIIs +	21.05%	21.39%	21.44%	21.73%	20.57%
Public +	24.99%	24.61%	24.54%	23.89%	23.60%
No. of Shareholders	60,918	64,003	61,202	55,495	58,890

The shareholding pattern of CCL Products (India) Limited has remained relatively stable, with slight variations across different investor categories from June 2023 to June 2024.

Promoters’ stake has consistently been around 46.26% from June 2023 to March 2024, with a small decline to 46.09% by June 2024. This indicates a marginal reduction in their holdings over the period.

Foreign Institutional Investors (FIIs) showed a steady increase in their shareholding, starting at 7.70% in June 2023 and rising to 9.76% by June 2024, reflecting growing interest from international investors.

Domestic Institutional Investors (DIIs) also maintained a stable shareholding, although there was a slight decline from 21.73% in March 2024 to 20.57% in June 2024, after peaking at 21.44% in December 2023.

The Public shareholding decreased slightly throughout the year, dropping from 24.99% in June 2023 to 23.60% by June 2024, indicating a small shift in public ownership.

The number of shareholders varied over this period, with a high of 64,003 in September 2023 and a dip to 55,495 in March 2024, before rebounding to 58,890 by June 2024. This fluctuation suggests changes in retail investor participation over time.

How to buy CCL Products (India) Limited Shares in India?

Below are the trading platforms that you can use to purchase CCL Products (India) Limited shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

CCL Products (India) Limited Share Price Target: 2024 To 2030

CCL Products (India) Limited Share Price Target 2024

When	Maximum Price	Minimum Price
October 2024	815.25	708.92
November 2024	847.86	737.27
December 2024	856.34	744.65

In October 2024, CCL Products (India) is expected to reach a maximum price of ₹815.25, with a minimum price of ₹708.92. Moving into November 2024, projections indicate a maximum price of ₹847.86 and a minimum price of ₹737.27. By December 2024, CCL Products (India) is anticipated to achieve a maximum price of ₹856.34 and a minimum price of ₹744.65. Overall, the year is expected to showcase a positive price trend for CCL Products (India).

CCL Products (India) Limited Share Price Prediction 2025

When	Maximum Price	Minimum Price
January 2025	864.91	665.31
February 2025	873.64	672.03
March 2025	891.99	686.15
April 2025	883.16	679.35
May 2025	857.43	659.57
June 2025	896.02	689.25
July 2025	878.45	675.73
August 2025	905.62	696.63
September 2025	916.49	704.99
October 2025	940.31	723.32
November 2025	963.82	741.40
December 2025	1,007.19	774.77

As we step into 2025, CCL Products (India) is projected to reach a maximum price of ₹864.91 in January, with a minimum of ₹665.31. Prices are expected to rise throughout the year, peaking at ₹1,007.19 in December, with a minimum of ₹774.77.

CCL Products (India) Limited Share Price Prediction 2026

When	Maximum Price	Minimum Price
January 2026	1,037.41	798.01
February 2026	1,011.48	778.06
March 2026	1,031.70	793.62
April 2026	1,052.76	809.82
May 2026	1,042.34	801.80
June 2026	1,068.39	821.84
July 2026	1,047.45	805.73
August 2026	1,079.84	830.65
September 2026	1,101.44	847.26
October 2026	1,130.08	869.29
November 2026	1,158.33	891.02
December 2026	1,187.29	913.30

CCL Products (India) Limited Share Price Target 2027

When	Maximum Price	Minimum Price
January 2027	1,199.16	922.43
February 2027	1,229.91	946.08
March 2027	1,277.87	982.98
April 2027	1,252.82	963.70
May 2027	1,216.33	935.64
June 2027	1,271.06	977.74
July 2027	1,246.14	958.57
August 2027	1,284.68	988.21
September 2027	1,329.64	1,022.80
October 2027	1,364.21	1,049.39
November 2027	1,398.32	1,075.63
December 2027	1,433.28	1,102.52

CCL Products (India) Limited Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	1,461.94	1,124.57
February 2028	1,499.43	1,153.41
March 2028	1,557.91	1,198.39
April 2028	1,527.36	1,174.89
May 2028	1,482.87	1,140.67
June 2028	1,549.60	1,192.00
July 2028	1,519.22	1,168.63
August 2028	1,566.20	1,204.77
September 2028	1,621.02	1,246.94
October 2028	1,663.17	1,279.36
November 2028	1,704.75	1,311.34
December 2028	1,747.36	1,344.13

CCL Products (India) Limited Share Price Target 2029

When	Maximum Price	Minimum Price
January 2029	1,782.31	1,371.01
February 2029	1,828.01	1,406.16
March 2029	1,899.30	1,461.00
April 2029	1,862.06	1,432.36
May 2029	1,807.83	1,390.64
June 2029	1,889.18	1,453.22
July 2029	1,852.14	1,424.72
August 2029	1,909.42	1,468.78
September 2029	1,976.25	1,520.19
October 2029	2,027.63	1,559.72
November 2029	2,078.32	1,598.71
December 2029	2,130.28	1,638.68

CCL Products (India) Limited Share Price Target 2030

When	Maximum Price	Minimum Price
January 2030	2,172.89	1,671.45
February 2030	2,228.60	1,714.31
March 2030	2,315.52	1,781.17
April 2030	2,270.12	1,746.24
May 2030	2,204.00	1,695.38
June 2030	2,303.18	1,771.67
July 2030	2,258.01	1,736.93
August 2030	2,327.85	1,790.65
September 2030	2,409.33	1,853.33
October 2030	2,471.97	1,901.51
November 2030	2,533.77	1,949.05
December 2030	2,597.11	1,997.78

As we approach 2030, CCL Products (India) is anticipated to see a maximum price of ₹2,172.89 in January, with a minimum of ₹1,671.45. Throughout the year, prices are expected to rise steadily, reaching a peak of ₹2,597.11 in December, with a minimum of ₹1,997.78.

Financial Condition of CCL Products (India) Limited: Last 5 Years

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales +	1,139	1,242	1,462	2,071	2,654	2,772
Expenses +	853	945	1,131	1,671	2,208	2,303
Operating Profit	286	298	331	400	445	469
OPM %	25%	24%	23%	19%	17%	17%
Other Income +	4	3	4	3	6	7
Interest	18	17	16	34	78	84
Depreciation	47	49	57	64	98	98
Profit before tax	225	235	261	305	276	294
Tax %	26%	22%	22%	7%	9%
Net Profit +	166	182	204	284	250	261
EPS in Rs	12.47	13.7	15.36	21.35	18.73	19.56
Dividend Payout %	40%	29%	33%	21%	24%

CCL Products (India) Limited has demonstrated impressive financial growth over the past five years. From March 2020 to March 2024, sales surged from ₹1,139 crore to ₹2,654 crore, indicating a strong demand for its coffee products. Despite rising expenses, which increased from ₹853 crore to ₹2,208 crore, the company maintained solid operational efficiency, reflected in its operating profit of ₹445 crore and an operating profit margin (OPM) of 17%.

Net profit showed resilience, reaching ₹250 crore in March 2024, although it faced a slight decline from the previous year’s peak of ₹284 crore. Earnings per share (EPS) increased from ₹12.47 to ₹18.73 over the same period, showcasing improved profitability for shareholders. The dividend payout percentage fluctuated, settling at 24% in 2024, demonstrating a cautious but steady approach to returning value to shareholders.

While interest expenses rose significantly, the company effectively managed its finances, maintaining a profit before tax of ₹276 crore in 2024. Overall, CCL Products reflects a robust financial condition, with continued growth potential in the competitive coffee market.

FAQs