External broker reports(aggregated public sources), Axis Direct

Axis Direct

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>CCL Brews another Stellar Quarter: CCL Products delivered a robust performance in Q2FY26, with revenue surging 52.6% YoY to Rs 1,127 Cr, exceeding estimates on the back of strong volume-led growth of 25–30%.</li><li>Growth remained broad-based across both B2B and B2C segments, supported by market share gains across channels and geographies.</li><li>The B2C segment contributed Rs110 Cr in revenue during the quarter, reflecting increasing traction in branded sales. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CCL Brews another Stellar Quarter: CCL Products delivered a robust performance in Q2FY26, with revenue surging 52.6% YoY to Rs 1,127 Cr, exceeding estimates on the back of strong volume-led growth of 25–30%.Growth remained broad-based across both B2B and B2C segments, supported by market share gains across channels and geographies.The B2C segment contributed Rs110 Cr in revenue during the quarter, reflecting increasing traction in branded sales. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CCL Products Ltd - Stellar Performance; Maintain BUY

<ul><li>CCL Revenue Soars 36.5% YoY, Beats Estimates: For Q1FY26, CCL reported revenue of Rs 1,056 Cr, up 36.5% YoY, significantly ahead of our estimate of 14% growth, driven by healthy double-digit volume expansion.</li><li>The domestic business remained robust, contributing ~Rs 150 Cr, of which the branded and retail segments contributed ~Rs 100 Cr.</li><li>This strong performance continues to drive steady market share gains across channels and geographies. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CCL Revenue Soars 36.5% YoY, Beats Estimates: For Q1FY26, CCL reported revenue of Rs 1,056 Cr, up 36.5% YoY, significantly ahead of our estimate of 14% growth, driven by healthy double-digit volume expansion.The domestic business remained robust, contributing ~Rs 150 Cr, of which the branded and retail segments contributed ~Rs 100 Cr.This strong performance continues to drive steady market share gains across channels and geographies. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CCL Products Ltd - Strong Beat on Revenue; Margins Miss

<ul><li>Revenue stood at Rs 836 Cr, up 15% YoY in Q4FY25, beating our estimate of 12%. This growth was led by a 10% volume growth.</li><li>Meanwhile, growth is being driven evenly across exports, B2B, private label, and in-house brands to avoid overdependence on any one vertical.</li><li>The management also highlighted that it aligned with industry-wide hikes, raising prices by 30– 35% on larger packs, while maintaining Rs 5/Rs10 price points through blend tweaks and grammage cuts.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Revenue stood at Rs 836 Cr, up 15% YoY in Q4FY25, beating our estimate of 12%. This growth was led by a 10% volume growth.Meanwhile, growth is being driven evenly across exports, B2B, private label, and in-house brands to avoid overdependence on any one vertical.The management also highlighted that it aligned with industry-wide hikes, raising prices by 30– 35% on larger packs, while maintaining Rs 5/Rs10 price points through blend tweaks and grammage cuts.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CCL Products Ltd - Beats on All Front: Maintain BUY

<ul><li>Revenue Performance: Revenue grew 14% YoY to Rs 758 Cr, driven by a ~3% volume increase (vs. double-digit guidance).</li><li>The moderation in volume growth was due to higher volatility in coffee prices, leading to slower long-term contracts.</li><li>However, management remains optimistic, reiterating its long-term volume growth target of 15%.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Revenue Performance: Revenue grew 14% YoY to Rs 758 Cr, driven by a ~3% volume increase (vs. double-digit guidance).The moderation in volume growth was due to higher volatility in coffee prices, leading to slower long-term contracts.However, management remains optimistic, reiterating its long-term volume growth target of 15%.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CCL Products Ltd - Strong Operational Performance Despite Weak Volumes; Maintain BUY

India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Thematic (Sector/Industry)

<ul>
<li>India’s 30 trillion Capex cycle is underway, with FY25 corporate Capex surpassing 11 lakh crore. FY26 will see Centre, States, and Corporates align for historic infrastructure investment.</li>
<li>This revival isn’t top-heavy. 157 companies launched $100 million+ projects in FY25 across diverse sectors - indicating India’s most widespread and bottom-up Capex momentum since FY12.</li>
<li>New-Age leaders like Adani Ports, Deepak Fertilizers, and Gokaldas Exports are investing for long-term gains boosting capacity, margins, and global competitiveness across energy, chemicals, defence, textiles, and manufacturing.</li>
</ul>


India’s 30 trillion Capex cycle is underway, with FY25 corporate Capex surpassing 11 lakh crore. FY26 will see Centre, States, and Corporates align for historic infrastructure investment.
This revival isn’t top-heavy. 157 companies launched $100 million+ projects in FY25 across diverse sectors - indicating India’s most widespread and bottom-up Capex momentum since FY12.
New-Age leaders like Adani Ports, Deepak Fertilizers, and Gokaldas Exports are investing for long-term gains boosting capacity, margins, and global competitiveness across energy, chemicals, defence, textiles, and manufacturing.


India’s Capex Supercycle: Capex Blasters – List of Companies Doing Capex

India

CCL Products India Ltd is a manufacturer and exporter of powdered and granulated coffee. The company exports instant coffee under different international and domestic brand names.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

CCL Products India (CCLP IN)

CCL Products Ltd - Stellar Performance; Maintain BUY

CCL Products delivered a robust performance in Q2FY26, with revenue surging 52.6% YoY to Rs 1,127 Cr, exceeding estimates on the back of strong...

Axis Direct

CCL Products Ltd - Strong Beat on Revenue; Margins Miss

For Q1FY26, CCL reported revenue of Rs 1,056 Cr, up 36.5% YoY, significantly ahead of our estimate of 14% growth, driven by healthy double-digit...

Axis Direct

CCL Products Ltd - Beats on All Front: Maintain BUY

The management also highlighted that it aligned with industry-wide hikes, raising prices by 30– 35% on larger packs, while maintaining Rs 5/Rs10...

Axis Direct

CCL Products Ltd - Strong Operational Performance Despite Weak Volumes; Maintain BUY

The moderation in volume growth was due to higher volatility in coffee prices, leading to slower long-term contracts. However, management remains...

Axis Direct

India’s Capex Supercycle: Capex Blasters – List of Companies Doing Capex

India's historic Capex cycle underway with diverse sectors and bottom-up momentum, led by companies like Adani Ports and Deepak Fertilizers for...

Sudarshan Bhandari

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

CCL Products Ltd - Stellar Performance; Maintain BUY

CCL Products delivered a robust performance in Q2FY26, with revenue surging 52.6% YoY to Rs 1,127 Cr, exceeding estimates on the back of strong...

Axis Direct

CCL Products Ltd - Strong Beat on Revenue; Margins Miss

For Q1FY26, CCL reported revenue of Rs 1,056 Cr, up 36.5% YoY, significantly ahead of our estimate of 14% growth, driven by healthy double-digit...

Axis Direct

CCL Products Ltd - Beats on All Front: Maintain BUY

The management also highlighted that it aligned with industry-wide hikes, raising prices by 30– 35% on larger packs, while maintaining Rs 5/Rs10...

Axis Direct

CCL Products Ltd - Strong Operational Performance Despite Weak Volumes; Maintain BUY

The moderation in volume growth was due to higher volatility in coffee prices, leading to slower long-term contracts. However, management remains...

Axis Direct

India’s Capex Supercycle: Capex Blasters – List of Companies Doing Capex

​India's historic Capex cycle underway with diverse sectors and bottom-up momentum, led by companies like Adani Ports and Deepak Fertilizers for...

Sudarshan Bhandari

India's historic Capex cycle underway with diverse sectors and bottom-up momentum, led by companies like Adani Ports and Deepak Fertilizers for...