CCL Products (India) Limited , a prominent player in the coffee industry, has taken a significant step towards sustainable energy consumption by entering into an agreement to acquire a 26% equity stake in Mukkonda Renewables Private Limited. The investment, valued at Rs. 9.57 crore, marks CCL's commitment to reducing its carbon footprint and aligning with India's renewable energy policies.

Strategic Investment in Renewable Energy

Mukkonda Renewables, a subsidiary of Ecoren Energy India Private Limited, was incorporated on July 18, 2025, with a focus on power generation through non-conventional energy sources. This strategic acquisition will provide CCL Products access to approximately 7.9 MW of renewable wind and solar energy on a captive consumption basis.

Investment Structure and Timeline

The investment will be completed in three stages:

• 30% within 10 days of executing key agreements
• 40% upon placing orders for major equipment
• 30% upon receipt of major equipment

Upon completion of the investment, Mukkonda Renewables will become an associate company of CCL Products.

Benefits and Objectives

The primary objectives of this investment include:

1. Reduction in electricity costs
2. Ensuring a reliable green power supply
3. Alignment with regulatory requirements under Indian Electricity Laws
4. Compliance with the government's renewable energy policy

Sridevi Dasari, Company Secretary & Compliance Officer of CCL Products, stated in the regulatory filing, "This investment will enable the Company to access approximately 7.9 MW of renewable wind and solar energy. The acquisition will result in lower electricity costs and ensure a reliable green power supply, thereby promoting sustainable ESG (Environmental, Social, and Governance) practices."

Regulatory Compliance

The company has confirmed that the acquisition does not fall within the purview of related party transactions. However, upon completion of the total investment, Mukkonda Renewables will become an associate of CCL Products and subsequently a related party as per the Companies Act, 2013.

Impact on Share Capital

This investment will not affect CCL Products' current share capital structure. As of the latest filing, the company's total issued share capital remains at Rs. 26,70,55,840/- divided into 13,35,27,920 shares of Rs. 2/- each.

This move by CCL Products demonstrates the company's commitment to sustainable practices and its proactive approach to addressing energy needs while contributing to India's renewable energy goals.

CCL Products (India) Limited , a leading coffee manufacturer, has reported a robust financial performance for the quarter, marking significant growth across key metrics.

Strong Revenue Growth

The company achieved a consolidated revenue of INR 1,058.00 crores, compared to INR 774.60 crores in the same quarter last year, representing a substantial 37% year-on-year growth. This milestone marks CCL Products' first-ever quarter exceeding INR 1,000 crores in revenue.

Profitability and Operational Performance

• EBITDA grew by 23% to INR 161.43 crores from INR 131.62 crores in the previous year.
• Net profit increased marginally by 1% to INR 72.45 crores.
• The company's domestic branded business reached INR 150.00 crores, with INR 100.00 crores coming from retail operations.

Market Dynamics and Business Outlook

• Green coffee prices have softened by 20-30% in recent months, although market volatility persists.
• CCL Products maintains its volume growth guidance of 10-20% and EBITDA growth of 15-20%.
• The company reported increased inquiries from US customers due to tariff changes affecting Brazil.

Financial Position and Debt Management

• Net debt stands at INR 1,671.00 crores, down from INR 1,812.00 crores.
• The company aims to reduce debt to INR 1,350.00 crores by December 2025 and further to INR 1,200.00 crores by March 2026.

Operational Highlights

• Capacity utilization is approximately 60% across facilities.
• The domestic branded business is experiencing strong growth, with plans to expand into new categories.
• CCL Products is exploring opportunities in international markets, particularly targeting the Indian diaspora with its Continental brand and Western markets with Percol and Rocket Fuel brands.

Management Commentary

Praveen Jaipuriar, CEO of CCL Products, commented on the results: "We are pleased with our performance this quarter, achieving our first INR 1,000+ crore revenue. Our branded business continues to show strong growth, and we're seeing increased interest from international markets. While coffee prices have softened, we remain cautious due to ongoing market volatility."

The company's focus on debt reduction, coupled with its strategic expansion in both B2B and B2C segments, positions CCL Products for continued growth in the coming quarters. The management remains optimistic about maintaining its growth trajectory while navigating the dynamic global coffee market.