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Earnings Call

Cello World Earnings Call: Key Takeaways

Cello World reported Q4 FY26 revenue growth of 11% YoY to ₹654cr. FY26 revenue grew 9% to ₹2,324cr with EBITDA margin at 22.7% and PAT margin at 14.3%.

Highlights
Revenue growthFY26: 9% YoY growth; Q4 FY26: 11% YoY growth.
MarginsTargeting 200-250 bps EBITDA margin improvement in FY27.
Demand visibilitySubdued near-term demand; Q1 FY27 expected to be soft.
Management confidenceConfident in long-term potential of glassware and 26% margin target.

Growth

Writing instruments grew 64% in Q4; Opalware utilization at 85%. Overall FY26 revenue up 9% YoY.

Outlook

FY27 guidance: 10-12% revenue growth, 2-2.5% EBITDA margin expansion. Capex of ₹100cr planned.

Risks

Subdued demand, rising raw material/energy costs, Chinese dumping in glassware, and high competitive intensity in Opalware.

Source

Earnings Call filed with BSE, NSE: CELLO. Summary written with AI assistance from the document.

Read the document ↗

Cello World Ltd: key numbers

Share price
₹338.50
Market cap
₹7,477 Cr
Revenue (annual)
₹2,324 Cr
Net profit (annual)
₹331.5 Cr
P/E (TTM)
23.9×Sector 45.9×
Promoter holding
73.50%-1.50% QoQ
FII holding
2.26%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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