CCL Products (India) has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, highlighting significant progress in decarbonization and resource efficiency. The Hyderabad-based coffee ingredient manufacturer reported that 80% of its total energy consumption during FY26 was met through renewable energy sources, comprising renewable power purchase agreements (PPAs) and renewable fuels.

The company’s environmental strategy focused heavily on reducing reliance on fossil fuels and grid electricity. During the reporting period, electricity generated from a 0.9 MW solar power plant at its Kuvvakolli manufacturing facility and a newly commissioned 100 kW rooftop system at its Hyderabad corporate office helped avoid approximately 971 tCO2e of Scope 2 greenhouse gas emissions. Additionally, the firm approved an investment under the Group Captive mode to access approximately 7.9 MW of renewable wind and solar power through a Special Purpose Vehicle, aiming to further optimize costs and ensure energy security.

Energy and Waste Management

CCL Products continued to integrate circular economy principles into its operations by utilizing organic spent coffee waste as an alternative fuel source. In FY26, the company used 20,476 metric tonnes of spent coffee waste in its boilers, which constituted 22% of the energy consumed within these facilities. This substitution led to the avoidance of approximately 19,568 metric tonnes of coal usage.

Total energy consumption for the year stood at 15,58,114.26 GJ, with renewable sources contributing 12,46,060.23 GJ. Non-renewable energy consumption declined to 3,12,054.04 GJ, down from 4,45,507.71 GJ in the previous year. Consequently, the energy intensity per rupee of turnover improved to 0.000070 GJ/INR revenue, compared to 0.00011 GJ/INR revenue in FY25.

What the Numbers Show

The divergence between total waste generation and waste recovery indicates a high rate of material valorization. While the company generated 35,989.59 metric tonnes of total waste in FY26, it recovered 34,324.43 metric tonnes through recycling and reuse operations. This suggests that over 95% of the waste generated was diverted from disposal methods such as landfilling or incineration, reinforcing the efficacy of its circular economy initiatives in processing organic byproducts.

Social and Governance Metrics

On the social front, CCL Products reported that suppliers representing 90% of its procurement spend affirmed commitment to its Responsible Sourcing Policy. The company maintained full compliance with statutory requirements and reported zero fatalities or lost-time injuries among employees and workers during the year.

Grievance redressal mechanisms remained active, with the company resolving all 41 shareholder complaints and 83 customer complaints received during FY26 within prescribed timelines. No complaints were pending resolution at the end of the financial year. The report was independently assured by SGS India Private Limited, which provided limited assurance over the BRSR Core indicators.

CCL Products (India) Limited delivered robust consolidated financial results for FY26, with revenue from operations rising 43.52% to ₹4,457.37 crore from ₹3,105.75 crore in the previous year. Consolidated Profit After Tax grew approximately 25.1% to ₹388.11 crore from ₹310.34 crore, while EBITDA improved to ₹741.37 crore from ₹563.54 crore. The company, which operates manufacturing facilities in India, Vietnam, and Switzerland, attributed the performance to higher business volumes, an improved product mix, and disciplined cost management across domestic and international markets.

Financial Performance

The consolidated financial results for FY26 reflect broad-based growth across revenue and profitability metrics. Profit Before Tax increased to ₹450.70 crore from ₹362.26 crore in the previous year. Return on Capital Employed (ROCE) strengthened to 22.15% from 18.21%, reflecting efficient capital deployment.

On a standalone basis, revenue from operations rose approximately 30% to ₹2,21,605 lakhs from ₹1,71,800 lakhs. Standalone net profit grew more than 200% to ₹28,719 lakhs from ₹9,230 lakhs, supported by dividend income of ₹16,284.02 lakhs received from Ngon Coffee Company Limited during the year.

Standalone Financial Highlights

The standalone results for FY26 are summarised below:

Consolidated Financial Highlights

At the consolidated level, the group recorded the following performance:

Balance Sheet Deleveraging

A key strategic priority in FY26 was balance sheet strengthening. Operating cash flows surged to ₹858 crores in FY26, up from ₹290 crores in FY25 and ₹55 crores in FY24. The company directed the unlocked liquidity toward debt reduction.

Total equity on a consolidated basis increased to ₹2,344.55 crore as at March 31, 2026 from ₹1,967.23 crore in the previous year.

Subsidiary Performance

The Vietnam subsidiary, Ngon Coffee Company Limited, completed its capacity expansion to 36,000 tonnes per annum during FY26 and reported revenue from operations of ₹2,03,217 lakhs, up from ₹1,29,941 lakhs in the previous year, with net profit rising to ₹31,423 lakhs from ₹20,756 lakhs.

CCL Food and Beverages Private Limited, the India-based spray-dried instant coffee subsidiary, reported revenue of ₹26,326.42 lakhs in FY26 compared to ₹13,601.99 lakhs in FY25. Net profit stood at ₹527.17 lakhs against ₹1,375.09 lakhs in the previous year.

Continental Coffee SA (Switzerland) reported revenue of ₹48,782 lakhs in FY26 versus ₹45,242 lakhs in FY25, with a net loss of ₹388 lakhs compared to a net profit of ₹452 lakhs in the previous year.

Dividend

The Board of Directors recommended a final dividend of ₹3 per equity share (150% of nominal value of ₹2 per share) for FY26, subject to shareholder approval at the 65th Annual General Meeting scheduled for September 8, 2026. An interim dividend of ₹2.75 per equity share (137.50%) was already paid during FY26, bringing the total dividend for the year to ₹5.75 per equity share — a 15% increase over the ₹5 per equity share paid in FY25. The record date for the final dividend is September 1, 2026.

Key Financial Ratios

Significant changes in key consolidated financial ratios for FY26 are as follows:

Capital Expenditure and Operational Initiatives

The company incurred capital expenditure of ₹34.75 crore during FY26. Key operational initiatives included the commissioning of an advanced cryogenic grinding system and a vapour compression refrigeration (VCR) system, the latter resulting in an estimated reduction of 17,651 kg of CO₂ emissions per annum. The company invested ₹7.28 crore in research and development during the year and ₹1.90 crore in energy conservation equipment. Foreign exchange earned during the year stood at ₹1,767.09 crore, while foreign exchange used was ₹903.05 crore.

CSR Spending

Against a CSR obligation of ₹316.29 lakhs for FY26, the company spent ₹384.69 lakhs, resulting in an excess of ₹68.39 lakhs available for set-off against amounts required to be spent in the succeeding three financial years. CSR activities covered contributions to old age homes and orphanages, promotion of education and healthcare, rural infrastructure development, livelihood enhancement, and promotion of sports.

Annual General Meeting

The 65th Annual General Meeting is scheduled for September 8, 2026, through video conferencing. The remote e-voting period runs from September 5, 2026 to September 7, 2026. The paid-up equity share capital as on March 31, 2026 stood at ₹2,670.56 lakhs, comprising 13,35,27,920 equity shares of face value ₹2 each.