5,400% multibagger returns: Godfrey Phillips India’s peer company acquires 55% of Landsmill Agro Pvt Ltd and 51.65% of Sunbridge Agro Pvt Ltd
DSIJ Intelligence-1 / 03 Oct 2025/ Categories: Multibaggers, Trending
The stock has given multibagger returns of 5,400 per cent from its 52-week low of Rs 2.82 per share.
Elitecon International Limited has announced the acquisition of majority equity stakes in two entities, Landsmill Agro Private Limited and Sunbridge Agro Private Limited, making both companies its subsidiaries. The company notified the BSE and the Calcutta Stock Exchange on October 1, 2025, about these transactions, in accordance with Regulation 30 of the SEBI LODR Regulations. This strategic move aims to expand and strengthen Elitecon's FMCG business vertical, leveraging the target companies' existing operations in agro products and allied activities to enhance operational scale, product depth, and revenue diversification.
The acquisition of Landsmill Agro Private Limited involves securing a 55 per cent equity stake for a cash consideration of Rs 52.85 crore. Landsmill, incorporated in 2019, reported a significant turnover of Rs 139,480.05 lakh for the fiscal year ended March 31, 2025, demonstrating substantial growth over the last three years. Similarly, the acquisition of Sunbridge Agro Private Limited involves a cash consideration of approximately Rs 128.40 crore for a 51.65 per cent equity stake. Sunbridge, incorporated in 2022, also shows a strong financial base, with a turnover of Rs 144,304.32 Lakhs for the year ended March 31, 2025.
Both transactions are structured as cash considerations and do not fall under related party transactions. Elitecon International Limited has set an indicative time period of 12 months to acquire a 100 per cent equity stake in both Landsmill Agro Private Limited and Sunbridge Agro Private Limited, signifying a full integration plan. These acquisitions underscore Elitecon's commitment to consolidating its presence in the agro-products and FMCG sector in India, leveraging the scale and business of the newly acquired subsidiaries.
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.
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 27,950 crore. The stock has given multibagger returns of 5,400 per cent from its 52-week low of Rs 2.82 per share.
Disclaimer: The article is for informational purposes only and not investment advice.