CCL Products Management Guidance Tracker
16 forward-looking guidance items tracked across 4 quarters.
Growth
Management reiterated 15-20% EBITDA growth for the full year, in line with volume growth.
Q2 FY26EBITDA growth of 15-20% for FY26, likely at higher endTrackedManagement expects full-year EBITDA growth to land at the upper end of the 15-20% guidance range, driven by volume growth and operational efficiencies.
Q2 FY26Volume growth of 10-20% long-term, H1 at ~15%TrackedLong-term volume growth guidance remains 10-20%, with H1 FY26 achieving ~15% volume growth.
Q3 FY26FY26 EBITDA growth guidance revised to ~25%TrackedManagement revised the earlier 15-20% EBITDA growth guidance to approximately 25% for FY26, driven by strong volume growth and margin expansion.
Q3 FY26Volume growth of 18-20% for FY26ActiveManagement expects to maintain 18-20% volume growth for the full year, with Q4 likely similar to the 9-month run rate.
Q4 FY26Volume growth of ~15% in FY27TrackedManagement guided for volume growth of around 15% for the next financial year, with EBITDA growth expected to be in the same range.
Q4 FY26Domestic branded business to grow ~25% volumeTrackedThe branded business is targeting 25% volume growth going forward, with value growth in line as coffee prices stabilize.
Other
Net debt expected to reduce from ₹1,671 crore to ~₹1,200 crore by March 2026, aided by lower working capital and cash flows.
Q2 FY26Net debt guidance of ₹1,300-1,400 crore by March 2026TrackedCFO reiterated net debt target of ₹1,300-1,400 crore by year-end, despite being ahead of schedule, due to upcoming procurement season.
Q3 FY26Debt reduction to ₹1,250 crore by March 2026ActiveManagement reiterated the debt guidance of ₹1,250 crore by end of FY26, already achieved ahead of schedule.
Revenue
UK branded business (Percul) expected to double revenue from ~₹15-16 crore last year to ~₹30 crore this year.
Q1 FY26Domestic branded business to exceed ₹400 crore in FY26TrackedDomestic branded revenue guided to cross ₹400 crore for the full year, with Q1 already at ₹150 crore.
Q3 FY26Domestic branded sales target of ₹430-440 crore for FY26ActiveBranded sales are expected to close at ₹430-440 crore for FY26, with 9M already at ₹330 crore.