Case study

CCL

Ccl Products (India) Limited

Mixed signals1y model +5.7%

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

54Score

Ccl Products (India) Limited (CCL) Stock Analysis & Case Study

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

Ccl Products (India) Limited (CCL) trades at ₹1,130,on the numbers it mixed signals, a Downstox Snapshot Score of 54/100.

On the numbers, Ccl Products (India) Limited (CCL) mixed signals, a Downstox Snapshot Score of 54/100, weighing premium at 34.9× earnings, ROE of 18.0%, a 56% 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 2027-2031.

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

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

Market cap
₹15,089 Cr
Current price
₹1,130
P/E ratio
34.9×
P/B ratio
6.42×
Book value
₹176
Dividend yield
0.24%
ROCE
15.8%
ROE
18.0%
Piotroski F-Score
6/8

How CCL ranks against the 2,373 companies in our screener

Is CCL overvalued? CCL P/E vs peers

CCL trades at 34.9× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

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 9.8y of CCL history (15%/yr drift, 37%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
CCL 2027₹744₹1,194₹1,918+6%
CCL 2028₹646₹1,262₹2,466+12%
CCL 2029₹589₹1,333₹3,017+18%
CCL 2030₹544₹1,409₹3,650+25%
CCL 2031₹516₹1,489₹4,297+32%

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?

56%
Higher in 1 year
Modelled chance the price is above today in 12 months
63%
Higher in 5 years
Modelled chance the price is above today in 5 years
31%
Doubles in 5 years
Modelled chance of reaching ₹2,260 within 5 years

The bull case for CCL

  • CCL's return on equity of 18.0% ranks in the 80th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹3,017.

The bear case & risks

  • CCL's P/E of 34.9x is lower than 40% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹589.

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

Over the last 9.8 years CCL compounded at 15%/year with annualized volatility of 37%. That volatility implies a 1-year 80% range of ₹744-₹1,918, the honest backbone behind any single price target.

CCL price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 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)
5.7%
80% range₹744-₹1,918
P(price ↑)56%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
18.0%
80% range₹589-₹3,017
P(price ↑)60%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
31.8%
80% range₹516-₹4,297
P(price ↑)63%
P(price 2×)31%

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: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. CCL scores 6/8, mixed financial health.

CCL MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy CCL with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox31.33%3.2×
Zerodha31.30%3.2×
Groww31.40%3.2×
DhanCHEAPEST31.30%3.2×
Kotak Neo31.35%3.2×
Paytm Money31.51%3.2×
Pocketful31.71%3.2×
Anand Rathi31.30%3.2×
Bajaj Broking35.00%2.9×
Share India31.37%3.2×

Compare every broker on the CCL MTF page.

About Ccl Products (India) Limited: sector, index & market-cap context

Ccl Products (India) Limited (CCL) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹15,089 Cr. See more stocks on our screener.

How the CCL Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Ccl Products (India) Limited'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 (India) Limited (CCL) a good buy?

On the numbers, Ccl Products (India) Limited (CCL) mixed signals, a Downstox Snapshot Score of 54/100, weighing premium at 34.9× earnings, ROE of 18.0%, a 56% 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 34.9× earnings, premium versus the ~22× long-run Nifty average.

What is the CCL share price target for 2031?

CCL's probability-weighted 2031 median target is ₹1,489, with an 80% range of ₹516-₹4,297 (10,000-path Monte-Carlo).

What is the probability CCL doubles in 5 years?

The modelled probability of CCL reaching ₹2,260 (2×) within 5 years is 31%.

What is the bull case for CCL?

CCL's return on equity of 18.0% ranks in the 80th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in CCL?

CCL's P/E of 34.9x is lower than 40% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on CCL