Only Buyers in this Multibagger Penny Stock Under Rs 50; Locked in Upper Circuit on February 12

On Thursday, shares of Spice Lounge Food Works Limited hit a 5 per cent to Rs 36.69 per share from its previous closing of Rs 34.95 per share. The stock has a 52-week high of Rs 72.20 per share and its 52-week low is Rs 7.69 per share. Only Buyers in this multibagger Penny Stock Under Rs 50; Locked in Upper Circuit on February 12

Spice Lounge Food Works Limited is a lifestyle innovator redefining how people eat and play. By blending a wide array of global flavours with high-energy nightlife and live events, the company manages a dynamic portfolio that includes Blaze Kebabs, Salud, and Buffalo Wild Wings. Committed to "experiential" dining, Spice Lounge continues to scale its multi-category ecosystem across the world’s most influential cities.

The company reported exceptional financial growth for the first half of FY26, highlighted by a 337 per cent surge in H1 net sales to Rs 78.50 crore and a 169 per cent increase in net profit to Rs 2.26 crore compared to the previous year. This momentum was anchored by a dominant second quarter, in which net sales climbed 157 per cent to Rs 46.21 crore and net profit skyrocketed 310 per cent to Rs 3.44 crore year-over-year. These figures demonstrate a rapid acceleration in scale when measured against the full-year performance of FY25, which saw total net sales of Rs 105 crore and a net profit of Rs 6 crore.

Spice Lounge Food Works Ltd has scheduled a Board of Directors meeting for Saturday, February 14, 2026, to review and approve its standalone and consolidated unaudited financial results for the quarter and nine-month period ending December 31, 2025. Beyond this regulatory update, the company is pivoting toward the experiential economy by hosting a major tribute to Maestro Ilaiyaraaja on March 28, 2026, at Hyderabad’s Gachibowli Stadium. Organized through its subsidiary’s cultural arm, XORA World, this landmark event celebrates the composer’s 50-year legacy and marks a strategic expansion from traditional restaurant operations into a broader lifestyle and entertainment ecosystem.

The company has a market cap of over Rs 2,500 crore. The stock has given multibagger returns of 377 per cent from its 52-week low of Rs 7.69 per share and a whopping 3,000 per cent in 5 years. Mohana Babu Karjela, a public shareholder, holds a 40.36 per cent stake in the company as of December 2025.

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