Cello World Ltd.
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ABOUT
AI Sector View
AI GENERATEDConsumer Durables
Urban discretionary demand is mixed but investable. Credit card transactions rose 27.0% YoY (2026-06), urban CMIE sentiment was 109.5 (2026-07), and consumer spending remained large at INR 44743 billion (Jun/26), even though formal consumer confidence fell to 88.3 points (Jul/26) and debit card transactions were -9.0% YoY (2026-06). Heavy sector inflows of INR 13175 crore over 3 months to 2026-08-31 indicate strong investor positioning behind the theme.
PROS
- Company is almost debt free
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.9%
- Company has a healthy return on capital (ROCE) of 28.7%
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 17.2% CAGR over last 5 years
CONS
- Promoter holding has decreased over last 2 years: -3.1pp
- Equity base is being diluted - shares outstanding up 13.3%
- Operating margins have contracted to 20.3% from 24.3%
- Though reporting repeated profits, the company pays out little dividend (10.0%)
- Expensive relative to growth - PEG of 4.7
- Growth is decelerating - 3Y profit CAGR (5.2%) trails the 5Y trend (14.9%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ADANIENT | 3100.00 | 56.37 | 419654.01 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| AEGISLOG | 1306.60 | 36.65 | 45861.66 | 0.67 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| CPPLUS | 3828.15 | 94.89 | 45287.18 | 0.04 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| PREMIERENE | 970.00 | 26.45 | 44033.30 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 33.72 | 29.03 |
| REDINGTON | 392.20 | 18.03 | 30661.19 | 1.53 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| HONASA | 475.10 | 62.24 | 15489.41 | 0.63 | 90.45 | 118.87 | 755.95 | 27.00 | 20.87 | 14.58 |
| LLOYDSENT | 70.00 | 95.16 | 10685.86 | 0.21 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| SGMART | 767.50 | 77.80 | 9673.20 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 10.43 | 4.49 |
| MMTC | 62.22 | 20.86 | 9333.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 33.46 | -1423.53 |
| ENTERO | 1796.30 | 62.34 | 7818.05 | 0.00 | 52.05 | 72.17 | 1940.50 | 38.23 | 10.93 | 5.00 |
| EBGNG | 676.35 | 54.14 | 7711.17 | 0.00 | 28.93 | 56.21 | 412.46 | 32.08 | 20.58 | 11.97 |
| CELLO | 339.05 | 24.44 | 7646.88 | 0.44 | 73.40 | -8.99 | 526.72 | -0.43 | 17.15 | 18.80 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 472 | 489 | 527 | 512 | 501 | 490 | 557 | 589 | 529 | 587 | 554 | 654 | 527 | |
| 353 | 369 | 395 | 379 | 371 | 371 | 430 | 454 | 420 | 460 | 448 | 525 | 450 | |
| Operating Profit | 119 | 120 | 132 | 133 | 129 | 119 | 127 | 135 | 109 | 128 | 106 | 129 | 77 |
| OPM % | 25.26% | 24.61% | 25.07% | 26.00% | 25.82% | 24.20% | 22.86% | 22.96% | 20.61% | 21.73% | 19.09% | 19.73% | 14.54% |
| 8 | 11 | 4 | 7 | 6 | 13 | 12 | 13 | 17 | 14 | 9 | 8 | 18 | |
| Interest | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 |
| Depreciation | 12 | 13 | 15 | 18 | 14 | 15 | 15 | 18 | 19 | 20 | 20 | 20 | 22 |
| Profit before Tax | 115 | 118 | 121 | 122 | 121 | 117 | 124 | 130 | 108 | 121 | 94 | 116 | 95 |
| Tax % | 27.92% | 26.35% | 25.30% | 20.59% | 25.82% | 25.67% | 25.61% | 25.99% | 25.01% | 24.69% | 26.46% | 22.64% | 22.49% |
| Net Profit | 0 | 0 | 0 | 0 | 89 | 87 | 92 | 96 | 81 | 91 | 69 | 90 | 73 |
| 3.65 | 3.77 | 4.00 | 4.18 | 3.89 | 3.69 | 3.99 | 4.26 | 3.31 | 3.87 | 2.88 | 4.00 | 3.25 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 1,049 | 1,359 | 1,797 | 2,000 | 2,136 | 2,324 | 2,321 | |
| 773 | 1,026 | 1,376 | 1,491 | 1,626 | 1,852 | 1,883 | |
| Operating Profit | 277 | 334 | 421 | 510 | 510 | 471 | 439 |
| OPM % | 26.37% | 24.54% | 23.41% | 25.48% | 23.89% | 20.28% | 18.91% |
| 10 | 16 | 17 | 25 | 45 | 48 | 48 | |
| Interest | 2 | 3 | 2 | 3 | 1 | 2 | 2 |
| Depreciation | 49 | 48 | 50 | 57 | 62 | 78 | 81 |
| Profit before Tax | 236 | 299 | 385 | 475 | 491 | 440 | 427 |
| Tax % | 29.76% | 26.61% | 26.00% | 25.01% | 25.79% | 24.61% | 24.03% |
| Net Profit | 166 | 220 | 285 | 356 | 365 | 332 | 324 |
| EPS | 7.75 | 10.46 | 26.34 | 15.60 | 16.50 | 15.01 | — |
| Dividend Payout % | 0.01% | 0.00% | 0.00% | 9.62% | 9.09% | 9.99% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 17%
- 3 Years:
- 9%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 17%
- 3 Years:
- 8%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -47%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 44%
- 3 Years:
- 29%
- Last Year:
- 15%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 98 | 106 | 110 | 110 |
| Minority Interest | 172 | 185 | 200 | 221 | 0 | 0 |
| -107 | 88 | 239 | 1,043 | 1,889 | 2,181 | |
| 332 | 461 | 816 | 368 | 5 | 38 | |
| Trade Payables | 98 | 126 | 134 | 144 | 128 | 152 |
| 672 | 530 | 150 | 216 | 508 | 521 | |
| Total Liabilities | 1,168 | 1,389 | 1,637 | 2,098 | 2,640 | 3,002 |
| 259 | 259 | 272 | 362 | 616 | 711 | |
| Capital Work in Progress | 4 | 12 | 21 | 180 | 19 | 66 |
| 120 | 150 | 177 | 170 | 600 | 620 | |
| 307 | 377 | 430 | 462 | 525 | 535 | |
| 0 | 0 | 0 | 611 | 658 | 750 | |
| Cash & Bank | 32 | 55 | 50 | 65 | 88 | 128 |
| 446 | 538 | 688 | 249 | 136 | 194 | |
| Total Assets | 1,168 | 1,389 | 1,637 | 2,098 | 2,640 | 3,002 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 262 | 272 | 328 | 231 | 262 | 255 | |
| Cash from Investing | -53 | -262 | -557 | -256 | -553 | -176 |
| Cash from Financing | -133 | 94 | 324 | 26 | 311 | -5 |
| 8 | 20 | -6 | 2 | 20 | 75 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-09 - Cello World Limited has informed the Exchange regarding 'Intimation of Appointment of Nodal Officer'.
2026-08-14 - Cello World Limited has informed the Exchange about Transcript
2026-08-11 - Cello World Limited has informed the Exchange regarding voting results of Annual General Meeting held on August 07, 2026
2026-08-11 - Cello World Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 07, 2026
2026-08-10 - Cello World Limited has informed the Exchange about Link of Recording
2026-08-10 - Cello World Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-07 - Cello World Limited has informed the Exchange about Investor Presentation
2026-08-07 - Cello World Limited has informed the Exchange regarding a press release dated August 07, 2026, titled "Press Release on the financial results for the quarter ended June 30, 2026".
2026-08-07 - Monitoring Agency Report for the quarter ended June 30, 2026
News
Recent coverage and analyst commentary for CELLO
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Cello World Ltd.
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