Cello World Ltd
Cello World is a leading Indian consumer product company mainly dealing in writing instruments and stationery, molded furniture, consumer housewares, and related products. [1]
- Market Cap ₹ 13,581 Cr.
- Current Price ₹ 615
- High / Low ₹ 870 / 485
- Stock P/E 41.2
- Book Value ₹ 98.1
- Dividend Yield 0.24 %
- ROCE 23.7 %
- ROE 20.4 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.7%
Cons
- Working capital days have increased from 127 days to 184 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 1,049 | 1,359 | 1,797 | 2,000 | 2,136 | 2,165 | |
| 773 | 1,026 | 1,376 | 1,491 | 1,626 | 1,675 | |
| Operating Profit | 277 | 334 | 421 | 509 | 510 | 490 |
| OPM % | 26% | 25% | 23% | 25% | 24% | 23% |
| 10 | 16 | 17 | 25 | 45 | 56 | |
| Interest | 2 | 3 | 2 | 3 | 1 | 1 |
| Depreciation | 49 | 48 | 50 | 57 | 62 | 67 |
| Profit before tax | 236 | 299 | 385 | 475 | 491 | 479 |
| Tax % | 30% | 27% | 26% | 25% | 26% | |
| 166 | 220 | 285 | 356 | 365 | 356 | |
| EPS in Rs | 151,200.00 | 204,000.00 | 13.65 | 15.60 | 15.34 | 14.91 |
| Dividend Payout % | 0% | 0% | 0% | 10% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 98 | 106 | 110 |
| Reserves | -107 | 88 | 239 | 1,043 | 2,057 |
| 334 | 463 | 335 | 371 | 5 | |
| 917 | 780 | 875 | 450 | 467 | |
| Total Liabilities | 1,144 | 1,331 | 1,547 | 1,970 | 2,640 |
| 259 | 259 | 272 | 362 | 616 | |
| CWIP | 4 | 15 | 26 | 180 | 19 |
| Investments | 120 | 150 | 177 | 170 | 600 |
| 761 | 908 | 1,073 | 1,258 | 1,406 | |
| Total Assets | 1,144 | 1,331 | 1,547 | 1,970 | 2,640 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 194 | 187 | 227 | 231 | 262 | |
| -53 | -262 | -557 | -256 | -553 | |
| -133 | 94 | 324 | 26 | 311 | |
| Net Cash Flow | 8 | 20 | -6 | 2 | 20 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 129 | 109 | 94 | 111 | 112 |
| Inventory Days | 236 | 233 | 197 | 199 | 186 |
| Days Payable | 76 | 78 | 62 | 62 | 53 |
| Cash Conversion Cycle | 290 | 265 | 230 | 248 | 245 |
| Working Capital Days | -120 | -57 | 90 | 108 | 184 |
| ROCE % | 53% | 48% | 36% | 24% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Certificate under Reg.74(5) for quarter ended Sep 30, 2025 from MUFG Intime confirming dematerialisation processing.
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Order Of NCLT For Convening Meeting Of Shareholders & Unsecured Creditors On December 06, 2025
8 Oct - NCLT ordered shareholders/creditors meetings on Dec 06, 2025 for CWL-WPL-CCPPL demerger/amalgamation (Appointed Date Apr 01, 2025).
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Oct
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Notice Of Postal Ballot
1 Oct - Postal ballot to reappoint CMD Pradeep Rathod, two Joint MDs and Non‑Exec director; e-vote Oct 2–31, 2025; term Nov11,2025–Nov10,2030
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We Wish To Inform That The Company By Way Of Circular Resolution Has Approved The Following Resolutions:
01. To Consider And Approve The Draft Postal Ballot Notice.
02. To Approve The Cut-Off Date For The Postal Ballot Notice.
03. To Appoint M/S Sarvaiya & Co, Practicing Company Secretaries, As Scrutinizers For Conducting The
Postal Ballot.
04. To Appoint M/S. MUFG Intime India Private Limited For Providing E-Voting Facility Platform.
1 Oct - Approved postal ballot for reappointments; appointed Sarvaiya scrutinizer and MUFG Intime for e-voting.
Concalls
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Dec 2023Transcript PPT REC
Product Portfolio[1] The company offers its consumer products across three categories.