Cello World Limited — Investor Meet, 04-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Cello World reported Q4 revenue up 11% YoY to INR654 Cr, with FY26 revenue growing 9%. Q4 EBITDA margin was 20.9%. Management projects 10-12% revenue growth and a 2-2.5% EBITDA margin increase for FY27, navigating Q1 headwinds from rising costs and subdued demand. Key growth will be driven by Writing Instruments (up 64% in Q4, targeting INR500 Cr+ in FY27) and new steel bottle lines ramping up for INR300 Cr peak revenue by July. Improving glassware profitability (targeting 28-30% EBITDA margins from current 60% utilization) is a priority. Cash is preserved for strategic acquisitions. Management expresses confidence in the long-term outlook.