14,000% multibagger returns: Shares of Elitecon International Ltd, Locked in Upper Circuit as Board is Likely to Announce Dividend
DSIJ Intelligence-1 / 03 Nov 2025/ Categories: Dividend, Multibaggers, Trending
The stock has given multibagger returns of 3,863 per cent from its 52-week low of Rs 4.80 per share and a whopping 14,000 per cent in 3 years.
On Monday, shares of Elitecon International Ltd (EIL) hit a 5 per cent Lower Circuit to Rs 156.10 per share from its previous closing of Rs 148.70 per share. The stock’s 52-week high of Rs 422.65 per share and its 52-week low of Rs 4.80 per share.
Elitecon International Ltd informed that a meeting of the Board of Directors of the Company will be held on Wednesday, November 05, 2025. The meeting's agenda will primarily include the consideration and approval of the Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2025. Additionally, the Board will also consider the proposal for the declaration of an Interim dividend, if any, for the Financial Year 2025-26, and the subsequent fixation of the Record Date for the Interim Dividend, if approved.
About the Company
Established in 1987, Elitecon International Ltd. (EIL) specialises in the manufacturing and trading of a diverse range of tobacco and allied products for both domestic and international markets. The company's product portfolio includes smoking mixtures, cigarettes, pouch khaini, zarda, flavoured molesis tobacco, yummy filter khaini and other tobacco-based items. EIL has a notable international presence, operating in the UAE, Singapore, Hong Kong and European countries like the UK and plans to expand its offerings to include products such as chewing tobacco, snuff grinders and match-related articles. The company also boasts its brands, including "Inhale" for cigarettes, "Al Noor" for sheesha and "Gurh Gurh" for smoking mixtures.
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According to consolidated Quarterly Results, the net sales increased by 68 per cent to Rs 525 crore and the net profit increased by 67 per cent to Rs 72 crore in Q1FY26 compared to Q1FY25. For the consolidated annual results (FY25), the company reported net sales of Rs 548.76 crore and net profit of Rs 69.65 crore.
On Wednesday, June 25, 2025, the company’s shares have ex-traded a 1:10 stock split. This means each equity share with a face value of Rs 10 has been subdivided into ten equity shares, each now having a face value of Re 1. The company has a market cap of Rs 24.952.6 crore. The stock has given multibagger returns of 3,863 per cent from its 52-week low of Rs 4.80 per share and a whopping 14,000 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.