Indian Accounting Research Analyst, India Independent Insight

Nitin Mangal

Indian Accounting Research Analyst

India Independent Insight

India Independent Insight (Iii), is a collaborative initiative by Nitin Mangal and Pranav Bhavsar. Nitin Mangal is a SEBI registered Independent Analyst (SEBI Reg. INH 000004723) and Pranav Bhavsar is a SEBI registered Investment Advisor (SEBI Reg. INA 000011510). With Iii our endeavor is to deliver Independent & Unbiased research on Indian Mid to large cap companies. Iii typically provides counter consensus views which cover forensic research along with on-ground primary research. Our research process is a combination of a deep dive on accounting, governance and channel checks.

Forensic Accounting

<ul>
<li>
<a href="https://www.smartkarma.com/entities/ccl-products-india-ltd" target="_blank" data-smartkarma-citation="entities:17064:1" rel="noopener">CCL Products India (CCLP IN)</a> is a coffee manufacturing company and has presence in both India and abroad.</li>
<li>The company has seen an appealing growth in its top-line, growing at a three year CAGR of 22% till F23.</li>
<li>However, when it comes to the forensics, there are several concerns, especially with its treatment of investment in subsidiaries and disclosures in the financials.</li>
</ul>



CCL Products India (CCLP IN) is a coffee manufacturing company and has presence in both India and abroad.
The company has seen an appealing growth in its top-line, growing at a three year CAGR of 22% till F23.
However, when it comes to the forensics, there are several concerns, especially with its treatment of investment in subsidiaries and disclosures in the financials.


CCL Products (India) Ltd- Forensic Analysis