Key highlights from CCL Products Q2FY23 concall
CMP - ₹535
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CMP - ₹535
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Current existing capacity of Continental Coffee is 37,500 tonnes per day, the company is going to add 16,000 tonnes in CY23 and in CY 2024 another 16,000 tonnes will be added, which will essentially double the capacity
Company is expecting volume growth of 20 to 25% in future at least for the middle term and the margins will also be similar to what they are now
At present Continental Coffee has a market share of 6 to 8% of the total instant coffee market
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