Case study

CCL

CCL Products

Worth a closer look1y model +29.5%

Each stock's 10,000-path forecast, rendered as light.

0Score

CCL Products (CCL) Stock Analysis & Case Study

Is CCL a good buy? The data-driven verdict.

CCL Products (CCL) trades at ₹1,149,on the numbers it worth a closer look, a Downstox Snapshot Score of 62/100.

On the numbers, CCL Products (CCL) worth a closer look, a Downstox Snapshot Score of 62/100, weighing premium at 39.6× earnings, ROE of 18.0%, a 75% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

CCL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹15,356 Cr
Current price
₹1,149
P/E ratio
39.6×
P/B ratio
6.53×
Book value
₹176
Dividend yield
0.44%
ROCE
15.8%
ROE
18.0%
Piotroski F-Score
4/9

Is CCL overvalued? CCL P/E vs its sector

CCL's P/E of 39.6× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.44% dividend yield is below the peer median of 1.65%.

CCL P/E
39.6×
Peer median P/E
15.9×
CCL div yield
0.44%
Peer median yield
1.65%

CCL share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of CCL history (33%/yr drift, 38%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
CCL 2027₹914₹1,488₹2,429+30%
CCL 2028₹976₹1,935₹3,834+68%
CCL 2029₹1,081₹2,528₹5,806+120%
CCL 2030₹1,248₹3,269₹8,684+185%
CCL 2031₹1,401₹4,323₹12,765+276%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability CCL goes up, or doubles?

75%
Higher in 1 year
Modelled chance the price is above today in 12 months
94%
Higher in 5 years
Modelled chance the price is above today in 5 years
77%
Doubles in 5 years
Modelled chance of reaching ₹2,297 within 5 years

The bull case for CCL

  • High return on equity (18.0%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise.
  • A 10,000-path probability model puts a 75% chance the price is higher in a year, with a median target of ₹1,488 (+30%).
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹5,806.

The bear case & risks

  • At 39.6× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1,081.

CCL volatility & expected range, how bumpy is the ride?

Over the last 2.0 years CCL compounded at 33%/year with annualized volatility of 38%. That volatility implies a 1-year 80% range of ₹914₹2,429, the honest backbone behind any single price target.

CCL price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
29.5%
80% range₹914–₹2,429
P(price ↑)75%
P(price 2×)13%
3-Year Forecast
2029
₹0
Median (P50)
120.1%
80% range₹1,081–₹5,806
P(price ↑)88%
P(price 2×)56%
5-Year Forecast
2031
₹0
Median (P50)
276.3%
80% range₹1,401–₹12,765
P(price ↑)94%
P(price 2×)77%

CCL price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
CCL simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds CCL hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the CCL price target & forecast page.

CCL Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. CCL scores 4/9,mixed financial health.

CCL MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy CCL with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST32.2%3.1×
ZerodhaCHEAPEST32.2%3.1×
DhanCHEAPEST32.2%3.1×

Compare every broker on the CCL MTF page.

CCL vs peers,sector comparison

StockP/EDiv yieldMarket cap
CCL (this stock)39.6×0.44%₹15,356 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About CCL Products: sector, index & market-cap context

CCL Products (CCL) is a small-cap NSE-listed company, and a constituent of the Nifty 200 index group, with a market capitalisation of ₹15,356 Cr. See more Nifty 200 stocks.

How the CCL Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of CCL Products's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

CCL analysis, FAQs

Is CCL Products (CCL) a good buy?

On the numbers, CCL Products (CCL) worth a closer look, a Downstox Snapshot Score of 62/100, weighing premium at 39.6× earnings, ROE of 18.0%, a 75% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is CCL overvalued or undervalued?

CCL trades at 39.6× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the CCL share price target for 2031?

CCL's probability-weighted 2031 median target is ₹4,323, with an 80% range of ₹1,401₹12,765 (10,000-path Monte-Carlo).

What is the probability CCL doubles in 5 years?

The modelled probability of CCL reaching ₹2,297 (2×) within 5 years is 77%.

What is the bull case for CCL?

High return on equity (18.0%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise. A 10,000-path probability model puts a 75% chance the price is higher in a year, with a median target of ₹1,488 (+30%).

What are the risks in CCL?

At 39.6× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished.

More on CCL