CCL Products, for Q3FY17, posted a whopping 76% (YoY) jump in consolidated net profit at Rs.46 crore on a 35% rise in total income at Rs.287 crore. EBITDA came in at Rs.77 crore, up 69% and margins did a smart jump up from 21.4% to 26.9%.

The largest exporter of instance coffee from India, under the brand name of ‘Continental’, the company is working full throttle. By end of FY17, its Vietnam unit will be working at full capacity. Its capacity in India is currently 20,000 tpa and it is putting up a 5000 tpa plant in Chittoor in Andhra Pradesh, expected to go on stream by H1FY19. It is also putting up a subsidiary which will manage the entire operations in Andhra Pradesh and investing Rs.30 crore in a phased manner in one more of its subsidiaries.

Its net profit for 9MFY17 is at Rs.99 crore v/s Rs.122 crore for FY16. Clearly, it will end FY17 on a high. Equity is at Rs.26.60 crore and annualized EPS is at Rs.10 (Fv of Rs.2).