Vintage Coffee & Beverages Limited reported a strong financial performance for FY26, with consolidated revenue increasing 79.3% year-on-year to INR553.1 crores. Profit after tax for the year stood at INR72.2 crores, representing growth of 79.8%, while EBITDA grew by 88.1% to INR99.6 crores. The company has recommended a dividend of INR0.15 per equity share for the fiscal year, subject to shareholder approval.

Operational Performance and Expansion

The company successfully completed a brownfield expansion program during FY26, increasing production capacity from 6,500 metric tons to 11,000 metric tons per annum, an increase of approximately 69%. This expansion was funded entirely through internal accruals. For Q4 FY26, revenue stood at INR165.3 crores, registering growth of 57.2% year-on-year, with EBITDA margins at 18.5%. The new capacity is fully operational from Q1 FY27, with management expecting utilization of approximately 95% for the year, translating to production of 10,200 to 10,400 metric tons.

Future Outlook and Capex Plans

Management expects the new capacity to operate at approximately 95% utilization in FY27. The company is establishing a freeze-dried coffee manufacturing facility with a planned annual capacity of 5,500 metric tons, expected to be commissioned by Q2 FY28. The total capex for this facility is estimated at INR550 crores, with INR150 crores already incurred. The company plans to raise additional debt of INR300 crores for this project. A second phase of 5,500 metric tons is planned for FY29-30, with an estimated capex of INR370-400 crores.

Financial Guidance

For FY27, the company anticipates positive operating cash flows despite Q1 being a lean season. Debt levels for FY27 are projected to remain in line with FY26, with a marginal increase of INR30-40 crores. Management targets EBITDA margins of around 19% for FY27, with expectations to reach 20-21% in FY28 and 22-24% in FY29, driven by premium product mix and improved operating leverage. The company's sales mix is geographically diversified, with Africa accounting for 31%, CIS and Russia 22%, Southeast Asia 22%, Americas and Europe 18%, and local sales 5%.

Vintage Coffee and Beverages Limited has reported its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial results on May 21, 2026. Additionally, the Board recommended a dividend of ₹0.15 per Ordinary Share of ₹10 each for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting. The Board also appointed M/s. V S Rao & Associates, Chartered Accountants, as the Internal Auditor for the financial years 2026-27 and 2027-28.

FY26 Financial Performance

The company delivered a robust financial performance for the full year, with significant growth in revenue and profitability. The following table summarises the key consolidated financial metrics for the financial year ended March 31, 2026:

Revenue from operations for the year stood at ₹553.05 crore compared to ₹308.52 crore in the previous year, reflecting substantial top-line expansion. The profit for the period rose to ₹72.19 crore from ₹40.15 crore, underscoring improved bottom-line performance.

Q4 Performance Highlights

For the quarter ended March 31, 2026, the company reported consolidated revenue from operations of ₹165.31 crore, up 57% from ₹105.14 crore in the same period last year. The profit for the quarter increased to ₹21.01 crore from ₹15.64 crore in the corresponding quarter of the previous year. Operating profit for the quarter rose 68% to ₹31.73 crore.

Operational Expansion

During the year, the company successfully commissioned an additional 4,500 MTPA spray-dried and agglomerated coffee capacity on March 23, 2026. This increased the total installed capacity from 6,500 MTPA to 11,000 MTPA, representing a growth of 69%. The company expects the expanded capacity to witness optimal utilisation over the course of FY27. Additionally, the company has secured land for a proposed Freeze-Dried Coffee Plant with an installed capacity of 5,500 MTPA and initiated key project execution activities.