CCL Products (India) Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Lakshit Sharma
- Category: Market
CCL Products (India) share price Rs 1,054.60 (9 October 2026). Base target Rs 1,261, bull Rs 1,511, downside risk Rs 841. PE 32.44. 52W range Rs 815.50 to Rs 1,242.20.
Quick Answer
The CCL Products (India) share price target for 2027 is Rs 1,261, about 19.6% above the current price of Rs 1,054.60. The bull case is Rs 1,511, and the downside risk level, which is not a target, is Rs 841. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 24.5%, with the stock holding its PE of 32.44. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a CCL Products (India) target price for 2027 should start with where the stock sits today. At Rs 1,054.60 on 9 October 2026, it is 15.1% below its 52-week high of Rs 1,242.20 and 29.3% above its 52-week low of Rs 815.50. That range spans 52% from low to high, so the entry point matters as much as the CCL Products (India) price forecast itself.
This article builds the CCL Products (India) share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 1,261 base case and the Rs 1,511 bull case were reached, along with a downside risk level of Rs 841.
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CCL Products (India) Stock Analysis: Company Overview and Key Stats
CCL Products (India) (NSE: CCL) has a market capitalisation of Rs 14,029 crore. In FY26 it reported revenue of Rs 4,466 crore and net profit of Rs 388.11 crore. The table collects the figures the CCL Products (India) share price target is built on.
| Metric | Value |
|---|---|
| Company | CCL Products (India) |
| NSE Ticker | CCL |
| CMP (9 October 2026) | Rs 1,054.60 |
| 52-Week High | Rs 1,242.20 |
| 52-Week Low | Rs 815.50 |
| Market Cap | Rs 14,029 crore |
| PE Ratio (TTM) | 32.44 |
| Industry PE | 23.31 |
| Price to Book | 5.98 |
| Return on Equity | 16.55% |
| Debt to Equity | 0.56 |
| EPS (TTM) | Rs 32.39 |
| Dividend Yield | 0.55% |
| 12-Month Base Target | Rs 1,261 |
| Bull Case | Rs 1,511 |
| Downside Risk Level (not a target) | Rs 841 |
Why Is CCL Products (India) Share Price Target Set at Rs 1,261 for 2027?
The base-case CCL Products (India) stock target of Rs 1,261 applies a PE multiple of 32.44 to a forward EPS estimate of Rs 38.87. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 19.6% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the CCL Products (India) Target Price: Five Years of Results
CCL Products (India) grew revenue from Rs 1,466 crore in FY22 to Rs 4,466 crore in FY26, a compound annual growth rate of 32.1%. Net profit grew more slowly, from Rs 204.35 crore to Rs 388.11 crore (17.4% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 1,466.12 | 204.35 | 15.36 | 5.00 |
| FY23 | 2,074.47 | 283.96 | 21.35 | 5.50 |
| FY24 | 2,660.02 | 250.08 | 18.76 | 4.50 |
| FY25 | 3,114.20 | 310.34 | 23.26 | 5.00 |
| FY26 | 4,465.80 | 388.11 | 29.10 | 5.75 |
FY26 revenue growth was 43.4%, faster than the four-year average of 32.1%, and net profit moved up 25.1%. EPS rose from Rs 18.76 in FY24 to Rs 29.10 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
CCL Products (India) converted 8.7% of FY26 revenue into net profit, against 10.0% in FY25, within a five-year range of 8.7% to 13.9%. EBITDA margin was 16.6% in FY26 versus 18.1% in FY25.
In the June 2026 quarter, revenue was Rs 1,204 crore, up 13.8% from the same quarter a year earlier, while net profit of Rs 116.87 crore was up 61.3%. EBITDA came in at Rs 196.69 crore, up 21.8% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.56, and shareholders’ equity grew from Rs 1,251 crore in FY22 to Rs 2,345 crore in FY26. Operating cash flow in FY26 was Rs 858.29 crore against capital expenditure of Rs 69.80 crore, leaving free cash flow of Rs 788.49 crore, or 5.6% of the current market capitalisation. In FY25 free cash flow was negative at Rs 128.26 crore, so cash generation has not been steady year to year.
Valuation Check for the CCL Products (India) Stock Target: PE, Price to Book and ROE
At a PE of 32.44 against an industry PE of 23.31, CCL Products (India) trades at a premium to its industry. Price to book is 5.98 on a book value of Rs 175.59 per share, and return on equity is 16.55%. A PE of 32.44 equals an earnings yield of 3.1%, and the FY26 dividend of Rs 5.75 per share gives a yield of 0.55%.
Shareholding Pattern and Institutional Holding
Promoters held 46.14% of CCL Products (India) in June 2026, and promoter holding has stayed near 46.14% since June 2025. Foreign institutional investors (FII) held 12.07% and domestic institutions (DII) held 21.11%, which puts total institutional holding at 33.18%. FII holding rose from 10.65% in June 2025 to 12.07% in June 2026. Public shareholders own the remaining 20.68%. A meaningful institutional holding adds a layer of research coverage and trading depth.
CCL Products (India) Share Price Targets for the Short Term and 12 Months
Short Term CCL Products (India) Stock Target Levels: Technical Setup
At Rs 1,054.60 on 9 October 2026, CCL Products (India) trades below its 50-day simple moving average of Rs 1,092.50 and below its 200-day exponential moving average of Rs 1,063.32. The 14-day RSI reads 46.2, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 1,063.32 (200-day exponential moving average) and the nearest support is Rs 815.50 (52-week low). A sustained move above Rs 1,063.32 would improve the short-term setup, while a close below Rs 815.50 would shift attention to the next support.
12 Month CCL Products (India) Target Price for 2027
The 12-month target for CCL Products (India) is Rs 1,261: forward EPS of Rs 38.87 at a PE of 32.44. That is 19.6% above Rs 1,054.60. It would also push the stock above its 52-week high of Rs 1,242.20.
How EPS Growth and PE Multiple Change the CCL Products (India) Target Price
| EPS Growth | PE 25.95 | PE 32.44 | PE 37.31 |
|---|---|---|---|
| 0.0% (EPS Rs 32.39) | Rs 841 | Rs 1,051 | Rs 1,208 |
| 20.0% (EPS Rs 38.87) | Rs 1,009 | Rs 1,261 | Rs 1,450 |
| 25.0% (EPS Rs 40.49) | Rs 1,051 | Rs 1,313 | Rs 1,511 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the CCL Products (India) price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for CCL Products (India) Stock Target in 2027
Bull Case Rs 1,511
The bull case CCL Products (India) price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 40.49, and a PE multiple that rises 15% to 37.31. That gives Rs 1,511, 43.3% above the current price and above the 52-week high of Rs 1,242.20, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 841
The downside risk level is not a target. It assumes EPS stays flat at Rs 32.39 and the PE falls 20% to 25.95. That gives Rs 841, 20.3% below the current price and above the 52-week low of Rs 815.50.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 37.31 | Rs 1,511 | +43.3% |
| Base Case | 20.0% | 32.44 | Rs 1,261 | +19.6% |
| Downside Risk | 0.0% | 25.95 | Rs 841 | -20.3% |
Key Risks to the CCL Products (India) Target Price for 2027
Growth Slowdown Risk for the CCL Products (India) Price Target
Revenue in the June 2026 quarter was up 13.8% year on year, and FY26 revenue growth was 43.4%. If growth slows from here, the EPS estimate behind the CCL Products (India) stock target will need revising.
Liquidity and Size Risk
CCL Products (India) has a market capitalisation of Rs 14,029 crore. Institutional holding is 33.18%, and promoters hold 46.14%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.
Valuation and Margin Risk
Net margin was 8.7% in FY26, so a small slip in costs moves profit noticeably. At a PE of 32.44 versus an industry PE of 23.31, a de-rating toward the downside-risk PE of 25.95 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 15.1% below its 52-week high, with an RSI of 46.2 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in CCL Products (India)
Start with the live price and volume. Any CCL Products (India) share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 1,054.60 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check CCL Products (India)’s PE, ROE, debt and shareholding in one place.
Check CCL Products (India) fundamentals on the Univest Screener
Then compare the three CCL Products (India) target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track CCL Products (India) live price and get daily stock recommendations.
Conclusion
The CCL Products (India) share price target for 2027 is Rs 1,261 in the base case, with Rs 1,511 as the bull case. The support for that view is arithmetic you can check: EPS grew 24.5% a year over FY24 to FY26, and the stock trades at a PE of 32.44. The risks are equally concrete, including a stock that sits 15.1% below its 52-week high and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on CCL Products (India) Share Price Target 2027
What is the CCL Products (India) share price target for 2027?
Ans. The base-case CCL Products (India) share price target for 2027 is Rs 1,261, with Rs 1,511 as the bull case. The downside risk level, which is not a target, is Rs 841. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the CCL Products (India) share price today?
Ans. As of 9 October 2026, 12:52 PM IST, CCL Products (India) trades at Rs 1,054.60, up 0.38% on the day. The 52-week range is Rs 815.50 to Rs 1,242.20.
Is CCL Products (India) a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 24.5% a year over FY24 to FY26, but the stock is 15.1% below its 52-week high. Whether CCL Products (India) fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for CCL Products (India) shares?
Ans. The bull case target is Rs 1,511, which assumes 25.0% EPS growth and a PE of 37.31. The downside risk level is Rs 841, which assumes flat EPS and a PE of 25.95. It marks a risk, not a target.
What are the main risks to the CCL Products (India) price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 14,029 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.
What is the PE ratio of CCL Products (India) and how does it compare with the industry?
Ans. The PE ratio of CCL Products (India) is 32.44 against an industry PE of 23.31. Price to book is 5.98 and return on equity is 16.55%. The base case in the CCL Products (India) price target holds this PE constant.
Who owns CCL Products (India), and what is the promoter holding?
Ans. Promoters held 46.14% of CCL Products (India) in June 2026. FII held 12.07%, DII held 21.11% and the public held 20.68%.
What were CCL Products (India)’s latest quarterly results?
Ans. In the June 2026 quarter, CCL Products (India) reported revenue of Rs 1,204 crore (up 13.8% year on year) and net profit of Rs 116.87 crore (up 61.3%).