Vintage Coffee & Beverages reported a consolidated net profit of ₹20.79 crore for the quarter ended June 30, 2026, marking a 46% increase from ₹14.23 crore in the same quarter last year. The company's consolidated revenue from operations rose 59% year-on-year to ₹160.99 crore, reflecting robust demand for its instant coffee and chicory products. Adding to the strong headline numbers, EBITDA climbed to ₹316M from ₹180M in the year-ago period, with EBITDA margin expanding to 19.6% from 17.75%, signalling improved operational efficiency across the group.

The Board of Directors approved the unaudited standalone and consolidated financial results on July 29, 2026, in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditor, S. Bhalotia & Associates, issued an unmodified limited review report on the financial statements. The results were prepared in accordance with Ind AS standards.

Financial Performance Highlights

The table below presents a detailed comparison of key consolidated financial metrics for the quarter:

Standalone figures showed more modest growth, with net profit rising 2.8% to ₹27.26 crore from ₹26.52 crore in Q1FY26. Standalone revenue from operations declined 10.6% to ₹55.53 crore from ₹62.12 crore, indicating that the majority of the group's growth is being driven by its subsidiaries.

Subsidiary Contribution

The consolidated results include Vintage Coffee Private Limited and Delecto Foods Private Limited, which became subsidiaries via a share swap agreement effective July 12, 2021. According to the auditor's report, these two entities contributed significantly to the group's performance. Vintage Coffee Private Limited reported revenues of ₹108.94 crore and a net profit of ₹14.45 crore, while Delecto Foods Private Limited posted revenues of ₹24.68 crore and a net profit of ₹3.62 crore for the quarter.

What the Numbers Show

The divergence between standalone and consolidated performance highlights the strategic importance of the subsidiary structure. While the parent company's standalone revenue contracted, the group's overall revenue surged nearly 60%. The significant jump in profit before tax (79.2%) relative to revenue growth (59%), combined with EBITDA margin expansion of approximately 185 basis points to 19.6%, points to improved operating leverage and cost efficiencies within the consolidated group. Vintage Coffee Private Limited and Delecto Foods Private Limited remain the primary growth engines, likely benefiting from specialized manufacturing capabilities or distinct market channels not fully captured in the parent entity's direct operations.

Vintage Coffee & Beverages Limited has scheduled its 1st Extra-Ordinary General Meeting (EGM) for August 14, 2026, to seek shareholder approval for the re-appointment of two Independent Directors. The meeting, to be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), will consider special resolutions to extend the tenure of Mr. Sanjiban Brata Roy and Mr. Ajay Poonia for second terms of two years each. This governance update ensures continuity in the company’s board composition and compliance with SEBI regulations.

The Board of Directors approved the re-appointments following recommendations from the Nomination and Remuneration Committee during its meeting on May 16, 2026. Mr. Sanjiban Brata Roy (DIN: 08607188), whose current term ends on May 17, 2026, is proposed to be re-appointed for a term effective from May 18, 2026, to May 17, 2028. Additionally, shareholders will vote on allowing Mr. Roy to continue his directorship after attaining the age of seventy-five years during the proposed tenure, as required under Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Ajay Poonia (DIN: 07566017), whose current term concludes on July 11, 2026, is proposed for re-appointment for a second term from July 12, 2026, to July 11, 2028. Both directors have submitted declarations confirming they meet the criteria of independence under the Companies Act, 2013, and SEBI regulations. Neither director receives remuneration from the company, and both hold nil shareholding.

Re-appointment Details

Director Profiles

Mr. Roy brings over 34 years of experience in finance and banking, having served with State Bank of India and Habib Bank Limited. He is a registered member of the Institute of Company Secretaries of India’s Institute of Insolvency Professionals. Mr. Poonia is the Director and CEO of Evolving Edutainment Pvt Ltd and holds a degree in Economics from the University of Delhi.

Voting and Meeting Logistics

The company has fixed August 7, 2026, as the cut-off date for e-voting. Remote e-voting will commence on August 11, 2026, at 9:00 a.m. and conclude on August 13, 2026, at 5:00 p.m. Purva Sharegistry (India) Private Limited has been appointed as the scrutinizer to oversee the voting process. M/s. Vivek Surana & Associates, Practicing Company Secretaries, have also been appointed as scrutinizers for the voting process.

Shareholders can participate via VC/OAVM in compliance with Ministry of Corporate Affairs Circular No. 03/2025 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133. Physical attendance is dispensed with, and proxy appointments are not available for this EGM. Demat account holders may vote using single login credentials through their depository participants, as per SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242.