Elitecon International
86.73
+2.00(+2.36%)
Market Cap₹13,863.80 Cr
PE Ratio55.02
Company Performance:
1D+2.36%
1M-20.71%
6M-11.50%
1Y+615.59%
5Y+8,160.00%
View Company Insightsright
More news about Elitecon International
08Dec 25
Elitecon International Pays 5% Interim Dividend, Promoters Waive INR 47.5 Million Entitlement
Elitecon International has announced a 5% interim dividend for FY 2025-26, payable only to non-promoter shareholders. Promoter shareholders voluntarily waived their dividend entitlement, amounting to approximately INR 47.5 million. This strategic move aims to strengthen the company's financial resources, support growth initiatives, and enhance long-term value for all stakeholders. The record date for the dividend is set for November 12, 2025.
05Nov 25
Elitecon International's Q2 Profit Surges 129% to ₹202 Crore on Strong Revenue Growth
Elitecon International's Q2 FY2026 results show exceptional growth. Revenue soared 538% to ₹5,049 crore, while net profit jumped 129% to ₹202 crore. EBITDA increased 171% to ₹222 crore. The FMCG Products segment was the primary growth driver with a 3,686% revenue increase. However, EBITDA margin declined to 4.39% from 10.37%. The company declared an interim dividend of ₹0.05 per share.
05Nov 25
Elitecon International Sets Record Date for Interim Dividend
Elitecon International Limited has announced November 12, 2025, as the record date for its interim dividend of Re. 0.05 per equity share for FY 2025-26. The dividend applies to shares with a face value of Re. 1 each. Shareholders are advised to update their details with depositories or the company's registrar before the record date.
28Oct 25
Elitecon International Limited Announces Board Reshuffle: New Independent Director Appointed as Another Resigns
Elitecon International Limited has approved significant changes to its board of directors. Ms. Anjali Bamboria, a Company Secretary with expertise in corporate laws and finance, has been appointed as a Non-Executive Independent Director. Simultaneously, Ms. Preeti has resigned from her position as Non-Executive Independent Director, citing personal reasons. These changes are effective from October 28, 2025.
01Oct 25
Elitecon International Expands FMCG Footprint with Rs 181.25 Crore Acquisition of Two Agro Companies
Elitecon International has acquired majority stakes in two agro companies for a total of Rs 181.25 crores. The company purchased a 55% stake in Landsmill Agro Private Limited for Rs 52.85 crores and a 51.65% stake in Sunbridge Agro Private Limited for Rs 128.40 crores. Both acquisitions aim to strengthen Elitecon's position in the FMCG sector, particularly in agro products and allied activities. Elitecon plans to acquire 100% equity stakes in both entities within 12 months. The acquired companies have shown significant turnover growth, with Landsmill Agro reporting Rs 1,394.80 crores and Sunbridge Agro reporting Rs 1,443.04 crores in turnover.
25Sept 25
Elitecon International Plans ₹300 Crore QIP for Strategic Agro Acquisitions
Elitecon International plans to raise ₹300 crore through a QIP to acquire Sunbridge Agro and Landsmill Agro. Sunbridge Agro has an 800 MT/day edible oil refinery and reported ₹1,443 crore in net sales for FY25. Landsmill Agro operates a 235 MT/day facility and reported ₹1,395 crore in revenue for FY25. Elitecon's consolidated net sales for FY25 were ₹549 crore. The acquisitions aim to strengthen Elitecon's FMCG portfolio and create long-term shareholder value.
06Sept 25
Elitecon International Sets 38th AGM for September 30, Appoints New Independent Director
Elitecon International Limited will hold its 38th AGM on September 30, 2025, via video conferencing. The Board approved the FY 2024-25 Annual Report and set the book closure period from September 24-30, 2025. Mr. Aakash Goel was appointed as AGM scrutinizer and secretarial auditor for five years. Mr. Edward Michael Bourgoin joined as Additional Non-Executive Independent Director. Remote e-voting will be available from September 27-29, 2025, with September 23 as the cut-off date for voting eligibility.
27Aug 25
Elitecon International Leads 33 Stocks with Staggering 22,344% Gain Since Last Ganesh Chaturthi
33 stocks have shown exceptional returns since the last Ganesh Chaturthi, with Elitecon International leading at a 22,344% gain. Other top performers include Kothari Industrial Corporation (2,557%) and Colab Platforms (981%). This comes despite the Nifty index falling 0.60% in the same period and currently being 6.00% below its peak. The broader market shows mixed results with 265 stocks delivering double-digit returns, while 790 stocks posted negative returns.
01Aug 25
Elitecon International Unveils Ambitious Growth Strategy: QIP, FMCG Acquisition, and Board Restructuring
Elitecon International Limited has approved several strategic initiatives. The company plans to raise ₹300 crore through a QIP and invest ₹350 crore to acquire Ashicore International Private Limited in the FMCG sector. Two new Non-Executive Independent Additional Directors, Mr. Susanta Kumar Panda and Mr. Venkata Ramesh Penumaka, have been appointed to the board. The company also plans to shift its registered office from Delhi to Maharashtra and has scheduled an EGM for August 29, 2025, to seek shareholder approval for these initiatives.
10Jul 25
Elitecon International Acquires UAE's Prime Place Spices Trading for ₹700 Crore
Elitecon International has acquired Prime Place Spices Trading L.L.C, a UAE-based company, for ₹700 crore. This strategic move aims to expand Elitecon's global presence, particularly in the Middle East, and strengthen its position in the spice trading industry. The acquisition is expected to diversify Elitecon's product portfolio and provide access to new markets. This significant investment demonstrates Elitecon's commitment to growth in the international FMCG sector.
04Jul 25
Elitecon International Unveils Ambitious Expansion and Fundraising Plans
Elitecon International has unveiled plans to explore foreign business acquisitions to expand its global presence. The company is considering raising up to 3.00 billion rupees through a Qualified Institutional Placement (QIP). Additionally, Elitecon is evaluating the possibility of a preferential equity share offering as an alternative or complementary fundraising method.
Elitecon International
86.73
+2.00
(+2.36%)
1 Year Returns:+615.59%
Industry Peers
Redington
275.75
(+0.99%)
MMTC
69.15
(+8.81%)
MSTC
487.35
(+2.47%)
BN Agrochem
345.50
(-0.59%)
Ravindra Energy
155.83
(-2.44%)
TCC Concept
440.00
(+3.33%)
Creative Newtech
705.00
(+0.11%)