• The document is an intimation and transcript of a conference call held to discuss the financial results for Q2 FY 2026-27. The event was an earnings call hosted by Ashika Institutional Equities.
  • The conference call was held on Friday, 16th October 2026. A specific start time was not disclosed in the provided text.
  • The stated purpose of the event was to discuss the results of the second quarter and half year ended September 30, 2026.
  • The meeting was scheduled after the earnings announcement, as it was a discussion of the already declared Q2 results.
  • The management participants were:
  • Mr. Praveen Jaipuriar – Chief Executive Officer
  • Mr. Chaithanya Agasthyaraju – Chief Financial Officer
  • Ms. Sridevi Dasari – Company Secretary and Compliance Officer
  • The moderator was Mr. Dipak Saha from Ashika Institutional Equities.
  • A copy of the transcript was uploaded to the company's website at the provided link: https://www.cclproducts.com/wp-content/uploads/2026/10/Q2-Earnings-Call-Transcript-2026-27.pdf.
  • The company explicitly stated that no Unpublished Price Sensitive Information (UPSI) was discussed during the call.

Financial Highlights Discussed:

The management provided a detailed overview of the financial performance during the call:

Q2 FY27 Performance (Standalone):

  • Turnover: INR 1,215.99 crores (vs. INR 1,128.21 crores in Q2 FY26), a growth of 7.8%.
  • EBITDA: INR 217.3 crores (vs. INR 198.6 crores in Q2 FY26), a growth of 9.5%.
  • Profit Before Tax (PBT): INR 150.86 crores, growing at 18.7% YoY.
  • Net Profit: INR 130 crores, growing at 29% YoY.
  • Volume growth was reported to be in the "double-digit" range (10-15%), though value growth was lower due to declining green coffee prices.
  • Domestic branded business sales were approximately INR 140 crores out of a total domestic gross turnover of INR 210 crores. The branded business is growing at 25% YoY.

H1 FY27 Performance (Standalone):

  • Turnover: INR 2,419.58 crores (vs. INR 2,186.25 crores in H1 FY26), a growth of 11.6%.
  • EBITDA: INR 414 crores (vs. INR 360 crores in H1 FY26), a growth of 15%.
  • PBT: INR 279.88 crores, growing at 26.48% YoY.
  • Net Profit: INR 246.96 crores, growing at 42% YoY.

Balance Sheet & Debt:

  • Gross Debt as of September 30, 2026: INR 1,192 crores.
  • Net Debt: INR 742 crores.
  • Average Interest Rate: between 7% to 7.5%.
  • Debt guidance for the year-end is maintained at INR 1,000 - INR 1,200 crores (gross) and ~INR 800 crores (net), noting that working capital may increase during the Vietnam procurement season.

Guidance and Outlook:

  • Management reaffirmed full-year volume growth guidance of ~15% and similar EBITDA growth.
  • The order book for Q3 and Q4 is described as "robust."
  • Green coffee prices were noted to be range-bound between USD 3,400 to USD 3,800 per ton. The upcoming Vietnam crop (November-December) was highlighted as a key factor for future price trends.
  • Freeze-dried (FD) coffee demand is stronger than spray-dried (SD) demand globally. Overall capacity utilization is near 70%, with FD utilization being higher.
  • Management indicated that a decision on Freeze-dried capacity expansion (likely ~6,000 tons) or strategic partnerships could be announced by Q4 FY27 or Q1 FY28, as current FD capacity may be fully utilized in 1-1.5 years.

Other Business Updates:

  • International Branded Business: The Percol brand in the UK is expected to generate INR 25-30 crores in revenue for FY27, currently operating at a small loss. Plans are underway to launch other owned brands (London Blend, Perk Up) in the US and Nepal markets. Initiatives are also ongoing in Vietnam and the Middle East.
  • New Product Ventures: Test marketing for 'Malgudi' brand snacks (including new banana chips) and 'Continental' brand tea is underway, with responses described as "encouraging."
  • Acquisitions: The company is open to evaluating acquisition opportunities in both coffee brands and adjacent FMCG categories, but no definitive timeline or target was provided.

Additional Notes Section

  • The document was an official regulatory filing submitted to the BSE and NSE, enclosing the transcript of the earnings call as required under SEBI LODR Regulations.
  • The transcript itself was included as an attachment to the filing.
  • No new financial data was disclosed in the announcement letter itself; all figures were part of the discussed transcript.