CCL Products (India) Key Ratios

Dupont Analysis

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	18.78%	18.08%	17.53%	20.80%	15.91%	17.23%
PAT margin	14.57%	14.67%	13.98%	13.71%	9.42%	9.99%
Asset Turnover	0.78x	0.75x	0.76x	0.89x	0.86x	0.80x
Leverage	1.66x	1.64x	1.66x	1.71x	1.95x	2.16x

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Inventory Days	74.1	85.2	104.7	96.7	94.0	108.2
Receivable Days	80.6	83.2	77.2	67.1	64.5	69.8
Payable Days	26.7	14.3	17.0	19.3	20.4	31.8
Cash Conversion Cycle	128.1	154.1	164.9	144.4	138.1	146.1

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	18.78%	18.08%	17.53%	20.80%	15.91%	17.23%
ROCE	18.34%	16.54%	15.65%	15.73%	12.40%	13.15%
ROA	11.32%	11.05%	10.59%	12.17%	8.15%	7.98%