Multibagger Stock Under Rs 50 Secures Rs 2.02 Billion Crore Export Order from Bozza Tobacco Ltd

On Thursday, Indian markets opened on a positive note, with the Nifty 50 rising 0.33 per cent to 24,310.70, up 79.40 points from the previous close of 24,231.30. Amid this, Elitecon International's share price was trading at Rs 39.99, up 1.24 per cent from the previous close of Rs 39.50, following the announcement of a major export order.

Elitecon International Secures Rs 202 Crore Export Order

Elitecon International Ltd has been awarded a long-term supply contract worth approximately Rs 202 crore (Rs 2.02 billion) for the supply of cigarettes and tobacco-allied products to a foreign entity, Bozza Tobacco (PTY) Ltd.

The contract is international in nature and will be executed over a period of two years, providing the company with steady export revenue visibility. The agreement includes supply of multiple cigarette brands such as Red & Black, B&W, Cape, Ossum, Golden Flake and others.

The company stated that the order has been received in the normal course of business and is expected to support efficient capacity utilisation and operational planning. It also strengthens Elitecon’s presence in international markets, particularly in South Africa, and marks a strategic step towards expanding its footprint in the African continent.

Elitecon International Operational Impact

The long-term nature of the contract is expected to enhance revenue stability and improve business visibility over the execution period. Management highlighted that the order aligns with its strategy of building a scalable export-driven business model while strengthening its global distribution network.

Elitecon International Shareholding Pattern

On a QoQ basis, promoter holding declined marginally from 59.50 per cent in June 2025 to 59.43 per cent in September 2025 and remained unchanged at 59.43 per cent in December 2025. Foreign institutional investors (FIIs) slightly reduced their stake from 38.26 per cent in June 2025 to 38.21 per cent in September 2025 and further to 38.00 per cent in December 2025. Meanwhile, public shareholding increased gradually from 2.25 per cent to 2.36 per cent and further to 2.57 per cent over the same period. The number of shareholders also saw a sharp increase from 17,461 in June 2025 to 45,047 in September 2025 and further to 62,902 in December 2025.

About Elitecon International

Elitecon International Ltd is engaged in the manufacturing and trading of tobacco products, including cigarettes and related offerings. The company focuses on expanding its presence in international markets through strategic export contracts and partnerships, aiming to build a sustainable and scalable business model.

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