SME Stock-Cellecor Gadgets Limited Jumps 8% On October 03; Do You Have It?

On Friday, shares of Cellecor Gadgets Limited jumped 8 per cent to Rs 32.80 per share from its previous closing of Rs 30.35 per share. The stock’s 52-week high is Rs 81.50 per share and its 52-week low is Rs 28.65 per share.

Cellecor Gadgets Limited began its journey in 2012 as Unity Communications, a proprietorship firm founded by Mr Ravi Agarwal, focusing on selling electronics under its brand. The company has since grown into a prominent name in the consumer electronics industry, known for its commitment to providing affordable, quality products. Cellecor achieves this through a sustainable business strategy that synergises, combining electronic product demand with a modern approach to sourcing, production, and marketing. Today, their diverse product range includes mobile phones, smart TVs, various audio devices, smartwatches, and home appliances.

Results: According to half-yearly results, the net sales increased by 106 per cent to Rs 600.23 crore, Profit before Tax (PBT) increased by 79 per cent to Rs 21.76 crore and net profit increased by 79 per cent to Rs 16.28 crore in H2FY25 compared to H2FY24. In its annual results, the net sales increased by 105 per cent to Rs 1,025.95 crore, Profit before tax (PBT) increased by 91 per cent to Rs 41.43 crore and net profit increased by 92 per cent to Rs 30.90 crore in FY25 compared to FY24.

News about the company: Cellecor Gadgets Limited, an expanding Indian consumer electronics brand, has formed a major retail partnership with Poorvika Mobiles Pvt Ltd, one of South India's largest electronics chains with over 470 stores. This strategic move is expected to generate Rs 150 crore annually for Cellecor, significantly enhancing its distribution and market penetration in key southern states like Tamil Nadu, Karnataka, and Kerala. The partnership is central to Cellecor's aggressive expansion strategy, which relies on a strong network of alliances collectively projected to contribute Rs 750 crore annually from the South Indian region alone, solidifying Cellecor's market leadership.

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The company's shares have an ROE of 25 per cent and an ROCE of 24 per cent. As of March 2025, the promoters own 49.64 per cent of the company, FIIs own 3.27 per cent, DIIs own 0.28 per cent and the public owns 46.81 per cent. The stock is up by 14.5 per cent from its 52-week low of Rs 28.65 per share and has given multibagger returns of over 200 per cent since its listing on NSE in September 2023. 

Disclaimer: The article is for informational purposes only and not investment advice.