{"id":323450,"date":"2026-10-22T12:16:14","date_gmt":"2026-10-22T06:46:14","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=323450"},"modified":"2026-10-22T12:16:14","modified_gmt":"2026-10-22T06:46:14","slug":"instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/","title":{"rendered":"3 Instant Coffee, Ethnic Foods and Biscuit Leader Stocks With a Strong Future Roadmap: CCL Products (India), ADF Foods and Britannia Industries"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>CCL Products (India), ADF Foods and Britannia Industries: ROE of 15.7% to 49.6% and FY22 to FY26 revenue CAGR of 7.8% to 32.1%. Prices as of 21 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three packaged food and beverage stocks to watch are CCL Products (India), ADF Foods and Britannia Industries. Their return on equity ranges from 15.7% to 49.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.8% to 32.1%. Britannia Industries has the highest return on equity at 49.6%, while CCL Products (India) has the fastest revenue growth at 32.1% a year. Prices are based on the 21 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Packaged food and beverage stocks let investors follow companies that put food and drink on tables at home and abroad. CCL Products (India), ADF Foods and Britannia Industries cover instant coffee, ready-to-eat ethnic foods, and biscuits, bread and dairy products.<\/p>\n<p>This list covers three packaged food and beverage stocks with complete current figures: CCL Products (India), ADF Foods and Britannia Industries. Every figure comes from the latest reported financials and the 21 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#What_Are_Packaged_Food_and_Beverage_Stocks\" title=\"What Are Packaged Food and Beverage Stocks?\">What Are Packaged Food and Beverage Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Packaged_Food_and_Beverage_Stocks_at_a_Glance\" title=\"Packaged Food and Beverage Stocks at a Glance\">Packaged Food and Beverage Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Why_Do_Packaged_Food_and_Beverage_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Packaged Food and Beverage Stocks Have a Strong Roadmap in India?\">Why Do Packaged Food and Beverage Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Why_CCL_Products_India_Features_Among_These_Packaged_Food_and_Beverage_Stocks\" title=\"Why CCL Products (India) Features Among These Packaged Food and Beverage Stocks\">Why CCL Products (India) Features Among These Packaged Food and Beverage Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Why_ADF_Foods_Features_Among_These_Packaged_Food_and_Beverage_Stocks\" title=\"Why ADF Foods Features Among These Packaged Food and Beverage Stocks\">Why ADF Foods Features Among These Packaged Food and Beverage Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Why_Britannia_Industries_Features_Among_These_Packaged_Food_and_Beverage_Stocks\" title=\"Why Britannia Industries Features Among These Packaged Food and Beverage Stocks\">Why Britannia Industries Features Among These Packaged Food and Beverage Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#CCL_Products_India_vs_ADF_Foods_vs_Britannia_Industries_on_Key_Financials\" title=\"CCL Products (India) vs ADF Foods vs Britannia Industries on Key Financials\">CCL Products (India) vs ADF Foods vs Britannia Industries on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Key_Risks_to_Check_Before_Investing_in_Packaged_Food_and_Beverage_Stocks\" title=\"Key Risks to Check Before Investing in Packaged Food and Beverage Stocks\">Key Risks to Check Before Investing in Packaged Food and Beverage Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Final_Thoughts_on_Packaged_Food_and_Beverage_Stocks\" title=\"Final Thoughts on Packaged Food and Beverage Stocks\">Final Thoughts on Packaged Food and Beverage Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#What_are_packaged_food_and_beverage_stocks\" title=\"What are packaged food and beverage stocks?\">What are packaged food and beverage stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Which_packaged_food_and_beverage_stocks_are_covered_in_this_list\" title=\"Which packaged food and beverage stocks are covered in this list?\">Which packaged food and beverage stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Why_do_packaged_food_and_beverage_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do packaged food and beverage stocks have a strong future roadmap in India?\">Why do packaged food and beverage stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#How_has_CCL_Products_India_performed_financially\" title=\"How has CCL Products (India) performed financially?\">How has CCL Products (India) performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#How_has_ADF_Foods_performed_financially\" title=\"How has ADF Foods performed financially?\">How has ADF Foods performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#How_has_Britannia_Industries_performed_financially\" title=\"How has Britannia Industries performed financially?\">How has Britannia Industries performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#What_risks_should_investors_check_before_buying_packaged_food_and_beverage_stocks\" title=\"What risks should investors check before buying packaged food and beverage stocks?\">What risks should investors check before buying packaged food and beverage stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/instant-coffee-ethnic-foods-and-biscuit-leader-stocks-roadmap-meridian-list\/#Is_this_list_of_packaged_food_and_beverage_stocks_investment_advice\" title=\"Is this list of packaged food and beverage stocks investment advice?\">Is this list of packaged food and beverage stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Packaged_Food_and_Beverage_Stocks\"><\/span><strong>What Are Packaged Food and Beverage Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Packaged food and beverage stocks are listed companies that make coffee, ready meals, biscuits and similar products for retail and export customers. Their earnings depend on volumes, brand strength and input costs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Packaged_Food_and_Beverage_Stocks_at_a_Glance\"><\/span><strong>Packaged Food and Beverage Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/ccl\/ccl-products-(india)-ltd-share-price-today\">CCL Products (India)<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">951.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13,189<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">28.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.46<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/adffoods\/adf-foods-ltd-share-price-today\">ADF Foods<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">250.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,900<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">33.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/britannia\/britannia-industries-ltd-share-price-today\">Britannia Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,683.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">113,329<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">43.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">33.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">49.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.27<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, ADF Foods trades at a P\/E below the industry P\/E, while CCL Products (India) and Britannia Industries trade above it, which reflects the growth the market already expects. Readers comparing packaged food and beverage stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Packaged_Food_and_Beverage_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Packaged Food and Beverage Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Packaged food and beverage stocks have a strong roadmap in India because rising incomes, convenience eating and demand for Indian food and coffee overseas are broadening the market.<\/p>\n<ul>\n<li><strong>Convenience foods.<\/strong> Busy households buy more ready and packaged items.<\/li>\n<li><strong>Export demand.<\/strong> Overseas buyers seek Indian coffee and ethnic foods.<\/li>\n<li><strong>Brand strength.<\/strong> Trusted names hold shelf space and repeat purchases.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_CCL_Products_India_Features_Among_These_Packaged_Food_and_Beverage_Stocks\"><\/span><strong>Why CCL Products (India) Features Among These Packaged Food and Beverage Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the packaged food and beverage stocks on this list, CCL Products (India) is a Hyderabad-based maker of instant coffee, including spray dried and freeze dried products, supplying global brands and private label customers from plants in India and Vietnam.<\/p>\n<p>The company has a return on equity of 17.3%, a debt to equity ratio of 0.46 and a market capitalisation of Rs 13,189 crore. The stock trades at a P\/E of 28.6, above the industry P\/E of 21.8.<\/p>\n<p>Revenue rose 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 from Rs 204 crore in FY22 to Rs 388 crore in FY26, which works out to a compound annual growth rate of 17.4%.<\/p>\n<p><strong>Roadmap:<\/strong> The company has been expanding capacity in freeze dried and spray dried coffee, which serves growing demand across Europe, the Americas and Asia. Long-standing customer relationships and a growing branded business add to its base.<\/p>\n<p><strong>What to watch:<\/strong> Track capacity utilisation and the growth of its branded and value-added coffee sales.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_ADF_Foods_Features_Among_These_Packaged_Food_and_Beverage_Stocks\"><\/span><strong>Why ADF Foods Features Among These Packaged Food and Beverage Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the biscuit and ethnic food shares on this list, ADF Foods, based in Gujarat, makes ready-to-eat Indian meals, sauces, pickles and frozen foods, and sells brands such as Ashoka and Camel in India and overseas.<\/p>\n<p>Revenue rose from Rs 431 crore in FY22 to Rs 703 crore in FY26, a compound annual growth rate of 13.0%. Net profit grew from Rs 48.5 crore in FY22 to Rs 89.9 crore in FY26, which works out to a compound annual growth rate of 16.7%.<\/p>\n<p>In the June 2026 quarter, revenue grew 23.9% year on year to Rs 168 crore, while net profit rose 13.5% to Rs 17.3 crore. The company has a return on equity of 15.7%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 2,900 crore. The stock trades at a P\/E of 31.5, below the industry P\/E of 33.9.<\/p>\n<p><strong>Roadmap:<\/strong> Indian food demand abroad, driven by the diaspora and global interest in ethnic cuisine, supports its exports. The company is also growing its domestic brand presence and its ready-to-eat range.<\/p>\n<p><strong>What to watch:<\/strong> Monitor shipping costs and export demand in its main markets.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Britannia_Industries_Features_Among_These_Packaged_Food_and_Beverage_Stocks\"><\/span><strong>Why Britannia Industries Features Among These Packaged Food and Beverage Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Britannia Industries is one of India&#8217;s leading food companies, making biscuits, bread, cakes, rusk and dairy products under brands such as Good Day, Marie Gold, Tiger and NutriChoice.<\/p>\n<p>In the June 2026 quarter, revenue grew 8.2% year on year to Rs 5,061 crore, while net profit rose 14.1% to Rs 593 crore. Revenue rose from Rs 14,359 crore in FY22 to Rs 19,376 crore in FY26, a compound annual growth rate of 7.8%.<\/p>\n<p>Net profit grew from Rs 1,516 crore in FY22 to Rs 2,537 crore in FY26, which works out to a compound annual growth rate of 13.7%. The company has a return on equity of 49.6%, a debt to equity ratio of 0.27 and a market capitalisation of Rs 113,329 crore. The stock trades at a P\/E of 43.4, above the industry P\/E of 33.9.<\/p>\n<p><strong>Roadmap:<\/strong> The company sells through a vast distribution network that reaches millions of outlets and is widening into croissants, cakes and adjacent categories. Investments in new factories and premium products add to its reach.<\/p>\n<p><strong>What to watch:<\/strong> Check the growth in the premium and adjacent categories and wheat and edible oil prices.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"CCL_Products_India_vs_ADF_Foods_vs_Britannia_Industries_on_Key_Financials\"><\/span><strong>CCL Products (India) vs ADF Foods vs Britannia Industries on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three packaged food and beverage stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">CCL Products (India)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,466<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,466<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">388<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">ADF Foods<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">431<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">703<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">89.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Britannia Industries<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14,359<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19,376<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,537<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Britannia Industries posts the highest return on equity in this group at 49.6%. Britannia Industries has the largest FY26 revenue at Rs 19,376 crore, and CCL Products (India) shows the fastest revenue growth with a 32.1% compound annual rate. A useful habit with packaged food and beverage stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Packaged_Food_and_Beverage_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Packaged Food and Beverage Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these packaged food and beverage stocks, the main points are: Long-term biscuit and ethnic food shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Input costs.<\/strong> Prices of coffee, wheat, oils and packaging can affect margins.<\/li>\n<li><strong>Competition.<\/strong> New brands and private labels compete for shelf space.<\/li>\n<li><strong>Valuation levels.<\/strong> Some of these companies trade at high earnings multiples, so growth must continue to justify them.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter packaged food and beverage stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Packaged_Food_and_Beverage_Stocks\"><\/span><strong>Final Thoughts on Packaged Food and Beverage Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Packaged food and beverage stocks reward investors who follow volume growth, margins and export demand together. CCL Products (India), ADF Foods and Britannia Industries each show a different route to growth. Based on the 21 October 2026 close, CCL Products (India) trades at Rs 951.8, ADF Foods at Rs 250.65 and Britannia Industries at Rs 4,683.6.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track packaged food and beverage stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_packaged_food_and_beverage_stocks\"><\/span><strong>What are packaged food and beverage stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Packaged food and beverage stocks are listed companies that make coffee, ready meals, biscuits and similar products for retail and export customers. Their earnings depend on volumes, brand strength and input costs. This list looks at three of them, CCL Products (India), ADF Foods and Britannia Industries, using reported FY22 to FY26 financials and the 21 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_packaged_food_and_beverage_stocks_are_covered_in_this_list\"><\/span><strong>Which packaged food and beverage stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers CCL Products (India), ADF Foods and Britannia Industries. Based on the 21 October 2026 close, CCL Products (India) traded at Rs 951.8, ADF Foods at Rs 250.65 and Britannia Industries at Rs 4,683.6. Their return on equity ranges from 15.7% to 49.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.8% to 32.1%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_packaged_food_and_beverage_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do packaged food and beverage stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Packaged food and beverage stocks have a strong roadmap in India because rising incomes, convenience eating and demand for Indian food and coffee overseas are broadening the market. The main drivers are as follows. Convenience foods. Busy households buy more ready and packaged items. Export demand. Overseas buyers seek Indian coffee and ethnic foods. Brand strength. Trusted names hold shelf space and repeat purchases. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_CCL_Products_India_performed_financially\"><\/span><strong>How has CCL Products (India) performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose 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 from Rs 204 crore in FY22 to Rs 388 crore in FY26, which works out to a compound annual growth rate of 17.4%. The company has a return on equity of 17.3%, a debt to equity ratio of 0.46 and a market capitalisation of Rs 13,189 crore. The stock trades at a P\/E of 28.6, above the industry P\/E of 21.8. Looking ahead, the company has been expanding capacity in freeze dried and spray dried coffee, which serves growing demand across Europe, the Americas and Asia. Long-standing customer relationships and a growing branded business add to its base.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_ADF_Foods_performed_financially\"><\/span><strong>How has ADF Foods performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 431 crore in FY22 to Rs 703 crore in FY26, a compound annual growth rate of 13.0%. Net profit grew from Rs 48.5 crore in FY22 to Rs 89.9 crore in FY26, which works out to a compound annual growth rate of 16.7%. In the June 2026 quarter, revenue grew 23.9% year on year to Rs 168 crore, while net profit rose 13.5% to Rs 17.3 crore. The company has a return on equity of 15.7%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 2,900 crore. The stock trades at a P\/E of 31.5, below the industry P\/E of 33.9. Looking ahead, indian food demand abroad, driven by the diaspora and global interest in ethnic cuisine, supports its exports. The company is also growing its domestic brand presence and its ready-to-eat range.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Britannia_Industries_performed_financially\"><\/span><strong>How has Britannia Industries performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 14,359 crore in FY22 to Rs 19,376 crore in FY26, a compound annual growth rate of 7.8%. Net profit grew from Rs 1,516 crore in FY22 to Rs 2,537 crore in FY26, which works out to a compound annual growth rate of 13.7%. In the June 2026 quarter, revenue grew 8.2% year on year to Rs 5,061 crore, while net profit rose 14.1% to Rs 593 crore. The company has a return on equity of 49.6%, a debt to equity ratio of 0.27 and a market capitalisation of Rs 113,329 crore. The stock trades at a P\/E of 43.4, above the industry P\/E of 33.9. Looking ahead, the company sells through a vast distribution network that reaches millions of outlets and is widening into croissants, cakes and adjacent categories. Investments in new factories and premium products add to its reach.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_packaged_food_and_beverage_stocks\"><\/span><strong>What risks should investors check before buying packaged food and beverage stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying packaged food and beverage stocks. Input costs. Prices of coffee, wheat, oils and packaging can affect margins. Competition. New brands and private labels compete for shelf space. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_packaged_food_and_beverage_stocks_investment_advice\"><\/span><strong>Is this list of packaged food and beverage stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 21 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are packaged food and beverage stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Packaged food and beverage stocks are listed companies that make coffee, ready meals, biscuits and similar products for retail and export customers. Their earnings depend on volumes, brand strength and input costs. This list looks at three of them, CCL Products (India), ADF Foods and Britannia Industries, using reported FY22 to FY26 financials and the 21 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which packaged food and beverage stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers CCL Products (India), ADF Foods and Britannia Industries. Based on the 21 October 2026 close, CCL Products (India) traded at Rs 951.8, ADF Foods at Rs 250.65 and Britannia Industries at Rs 4,683.6. Their return on equity ranges from 15.7% to 49.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.8% to 32.1%.\"}},{\"@type\":\"Question\",\"name\":\"Why do packaged food and beverage stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Packaged food and beverage stocks have a strong roadmap in India because rising incomes, convenience eating and demand for Indian food and coffee overseas are broadening the market. The main drivers are as follows. Convenience foods. Busy households buy more ready and packaged items. Export demand. Overseas buyers seek Indian coffee and ethnic foods. Brand strength. Trusted names hold shelf space and repeat purchases. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has CCL Products (India) performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose 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 from Rs 204 crore in FY22 to Rs 388 crore in FY26, which works out to a compound annual growth rate of 17.4%. The company has a return on equity of 17.3%, a debt to equity ratio of 0.46 and a market capitalisation of Rs 13,189 crore. The stock trades at a P\/E of 28.6, above the industry P\/E of 21.8. Looking ahead, the company has been expanding capacity in freeze dried and spray dried coffee, which serves growing demand across Europe, the Americas and Asia. Long-standing customer relationships and a growing branded business add to its base.\"}},{\"@type\":\"Question\",\"name\":\"How has ADF Foods performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 431 crore in FY22 to Rs 703 crore in FY26, a compound annual growth rate of 13.0%. Net profit grew from Rs 48.5 crore in FY22 to Rs 89.9 crore in FY26, which works out to a compound annual growth rate of 16.7%. In the June 2026 quarter, revenue grew 23.9% year on year to Rs 168 crore, while net profit rose 13.5% to Rs 17.3 crore. The company has a return on equity of 15.7%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 2,900 crore. The stock trades at a P\/E of 31.5, below the industry P\/E of 33.9. Looking ahead, indian food demand abroad, driven by the diaspora and global interest in ethnic cuisine, supports its exports. The company is also growing its domestic brand presence and its ready-to-eat range.\"}},{\"@type\":\"Question\",\"name\":\"How has Britannia Industries performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 14,359 crore in FY22 to Rs 19,376 crore in FY26, a compound annual growth rate of 7.8%. Net profit grew from Rs 1,516 crore in FY22 to Rs 2,537 crore in FY26, which works out to a compound annual growth rate of 13.7%. In the June 2026 quarter, revenue grew 8.2% year on year to Rs 5,061 crore, while net profit rose 14.1% to Rs 593 crore. The company has a return on equity of 49.6%, a debt to equity ratio of 0.27 and a market capitalisation of Rs 113,329 crore. The stock trades at a P\/E of 43.4, above the industry P\/E of 33.9. Looking ahead, the company sells through a vast distribution network that reaches millions of outlets and is widening into croissants, cakes and adjacent categories. Investments in new factories and premium products add to its reach.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying packaged food and beverage stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying packaged food and beverage stocks. Input costs. Prices of coffee, wheat, oils and packaging can affect margins. Competition. New brands and private labels compete for shelf space. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.\"}},{\"@type\":\"Question\",\"name\":\"Is this list of packaged food and beverage stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 21 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Packaged Food and Beverage Stocks with a strong future roadmap: CCL Products (India), ADF Foods and Britannia Industries. Compare price, valuation, return on equity and revenue growth as of 21 October 2026.<\/p>\n","protected":false},"author":28,"featured_media":323449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[8984,3803,14613,7378,14210,14614,14612],"class_list":["post-323450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-adf-foods","tag-best-stocks","tag-biscuit-and-ethnic-food-shares","tag-britannia-industries","tag-ccl-products-india","tag-instant-coffee-supplier-stocks","tag-packaged-food-and-beverage-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["323449"],"rank_math_title":["Packaged Food and Beverage Stocks With a Strong Roadmap"],"rank_math_description":["Compare 3 packaged food and beverage stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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