CCL Merchandise (India) Ltd. – Prompt Espresso Producer

Continental Espresso (CCL Merchandise India Ltd.) is a number one Indian espresso firm within the international espresso market efficiently working companies in Espresso Exports, Personal Label Manufacturing, and Continental Espresso branded coffees.

Established in 1994 on a modest scale with only one espresso mix, one manufacturing unit in Duggirala, Andhra Pradesh, and exporting to at least one nation, CCL has grown to develop into a frontrunner within the trade globally providing greater than 1000 most interesting high quality espresso blends, manufactured throughout 4 state-of-the-art services (India, Vietnam & Switzerland) to prospects throughout 90 nations.

CCL espresso is custom-made to swimsuit totally different palates and cater to the various wants of shoppers worldwide, resulting in them turning into producers for high gamers and personal label manufacturers in India and globally.

Valuation:

The corporate is a pure-play espresso processor and doesn’t personal any cultivations. The diversified choices, Management standing, in-house packaging, and a robust order e book, provides the corporate a aggressive edge.  We suggest a BUY ranking within the inventory with the goal worth (TP) of Rs.565, 23x FY24E EPS. 

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