4,500% multibagger returns: Shares of Elitecon International Ltd, Locked in Upper Circuit for 4Th Straight Trading Session
DSIJ Intelligence-1 / 15 Oct 2025/ Categories: Multibaggers, Trending
The stock has given multibagger returns of 4,500 per cent from its 52-week low of Rs 3.72 per share.
On Wednesday, shares of Elitecon International Ltd (EIL) hit a 5 per cent Lower Circuit to Rs 173.10 per share from its previous closing of Rs 164.90 per share.
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.
Elitecon International Limited has acquired majority equity stakes in Landsmill Agro Private Limited and Sunbridge Agro Private Limited, making both new subsidiaries to strategically bolster its FMCG business vertical. The company secured a 55 per cent stake in Landsmill (FY25 turnover: 139,480.05 lakh) for Rs 52.85 crore and a 51.65 per cent stake in Sunbridge (FY25 turnover: 144,304.32 lakh) for approximately Rs 128.40 crore, with plans to achieve 100% ownership in both within 12 months, aiming for enhanced operational scale, product depth, and revenue diversification in the agro-products sector.
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 27,670 crore. The stock has given multibagger returns of over 4,500 per cent from its 52-week low of Rs 3.72 per share.
Disclaimer: The article is for informational purposes only and not investment advice.