Elitecon International Limited
NSE: ELITECONCigarettes & Tobacco ProductsASM stage 1
Share price
₹7.20
0.00% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
47
out of 100 · worked out 9 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹1,152 Cr
P/E ratio
5.6
P/B ratio
3.3
ROCE
46.3%
ROE
63.7%
Dividend yield
0.7%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Our sales figures for this company step up at Sep 2025 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.
Whether it grew faster than its sector
Our sales figures for this company step up at Sep 2025 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
It has no steady three-year profit record yet, so growth cannot be weighed against the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Elitecon International Limited — this one | — | 5.6× | — |
| Marico Limited | 11%/yr | 54.1× | ₹4.9 |
| United Spirits Limited | 23%/yr | 53.4× | ₹2.3 |
| Tata Consumer Products | 13%/yr | 57.3× | ₹4.4 |
| Godrej Consumer Products | 5%/yr | 42.3× | ₹8.5 |
| Dabur India | 4%/yr | 34.5× | ₹8.6 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies across the whole Fast Moving Consumer Goods sector, it ranks 7 of 177 on returns, 137 of 178 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 46.3% on capital, ahead of 96% of companies across its whole sector. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the 4 years of cash statements on file it made ₹94 crore of cash from the business and spent ₹9 crore on plant and equipment, with ₹85 crore to spare; it still raised ₹36 crore mostly borrowed — borrowings rose from ₹0 crore to ₹283 crore.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
4 of 7 checks clear · 57%
Latest result
What the last results showed. Whether management kept its word is in Pro.
Results are expected soon.
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹1,152 Cr
- Prev close
- ₹7.20
- 52w High
- ₹179
- 52w Low
- ₹7.1
- Enterprise value
- ₹1,429 Cr
- Beta
- 0.2
- Price CAGR 1y
- -95.0%
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 9.4%
- PEG ratio
- —
- P/E ratio
- 5.6
- P/B ratio
- 3.3
- EV / EBITDA
- 5.0
- Industry P/E
- 21.1
- ROCE
- 46.3%
- ROCE 5y average
- 23.5%
- ROE
- 63.7%
- Debt / Equity
- 0.8
- Interest coverage
- 6.4
- Dividend yield
- 0.7%
- ROE 3y average
- —
- ROE last year
- 64.0%
Annual P&L
- Annual revenue
- ₹5,075 Cr
- Annual profit
- ₹185 Cr
- Operating margin
- 4.5%
- Net profit margin
- 3.6%
- EBITDA margin
- 4.6%
- Sales growth 3y
- 1618.5%
- Sales growth 5y
- —
- Profit growth 3y
- —
- Profit growth 5y
- —
- EPS
- ₹1.0
- Sales growth TTM
- 825.0%
- Profit growth TTM
- 133.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹1,881 Cr
- Profit latest quarter
- -₹85 Cr
- YoY quarterly sales growth
- 500.7%
- YoY quarterly profit growth
- -297.7%
- OPM latest quarter
- -4.0%
Balance Sheet
- Book Value
- ₹2.2
- Face Value
- ₹1.0
- Total debt
- ₹283 Cr
- Total cash
- ₹6 Cr
- Borrowings
- ₹283 Cr
- Reserves / Equity
- 1.2
Cash Flow
- Operating cash flow
- ₹96 Cr
- Free cash flow
- ₹92 Cr
- FCF yield
- 4.9%
- Net cash flow
- -₹8 Cr
Shareholding
- Promoter holding
- 59.4%
- FII holding
- 36.4%
- DII holding
- —
- Public holding
- 4.1%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Godfrey Phillips | 1,862.40 | 21.2 | 29,050 | 2.68 | 198.4 | -44.3 | 1,205.5 | -18.9 | 30.3 |
| VST Industries | 201.33 | 12.3 | 3,420 | 5.96 | 42.4 | -24.4 | 256.5 | -13.9 | 28.1 |
| Elitecon Inter. | 7.53 | 7.4 | 1,204 | 0.66 | -85.1 | -269.6 | 1,880.7 | 500.6 | 46.3 |
| NTC Industries | 132.53 | 9.6 | 192 | 0.00 | 6.1 | 7.9 | 25.2 | -10.3 | 11.1 |
| Sinnar Bidi Udy. | 676.00 | 27 | 0.00 | -0.1 | -171.4 | 1.2 | 4.2 | -4.6 | |
| Shanthala FMCG | 14.20 | 7.5 | 10 | 0.00 | 0.7 | 71.4 | 25.8 | -0.1 | 6.0 |
| Raghunath Intl. | 10.25 | 4.7 | 5 | 0.00 | 0.1 | 27.3 | 0.0 | 7.8 | |
| Median | 166.93 | 10.9 | 2,312 | 1.67 | 24.3 | -34.4 | 731.0 | -12.1 | 29.2 |
Competes with: Godfrey Phillips India Limited, NTC Industries Limited, VST Industries Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.37 | 0.38 | 0.35 | -0.10 | 0.25 | 0.25 | 0.06 | 94 | 313 | 525 | 2,192 | 1,741 | 1,881 |
| Expenses | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 81 | 270 | 452 | 2,038 | 1,607 | 1,956 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 43 | 73 | 154 | 134 | -75 |
| OPM % | 8.11 | 5.26 | 0 | 16 | 0 | 33 | 14 | 14 | 14 | 7.01 | 7.70 | -4 | |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 4 | 8 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 | 18 | 18 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 3 | 5 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 43 | 73 | 138 | 121 | -97 |
| Tax % | 33 | 50 | 25 | 50 | 0 | -0 | 1 | 15 | 14 | -12 | |||
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 43 | 72 | 117 | 104 | -85 |
| EPS in Rs | 0.01 | 0 | 0 | 0.02 | 0 | 0.02 | 11 | 0.27 | 0.45 | 0.64 | 0.65 | -0.46 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 1 | 1 | 549 | 5,075 |
| Expenses | 1 | 1 | 480 | 4,844 |
| Operating Profit | 0 | 0 | 69 | 231 |
| OPM % | 2.30 | 4.10 | 13 | 4.50 |
| Other Income | -0 | 0 | 3 | 10 |
| Interest | 0 | 0 | 0.24 | 36 |
| Depreciation | 0 | 0 | 1.80 | 8 |
| Profit before tax | -0 | 0 | 70 | 196 |
| Tax % | 40 | 50 | -0 | 6 |
| Net Profit | -0 | 0 | 70 | 185 |
| EPS in Rs | 0.03 | 0.44 | 1.01 | |
| Dividend Payout % | 0 | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 83%
- 5 years
- —
- 3 years
- 1618%
- TTM
- 825%
Compounded profit growth
- 10 years
- 136%
- 5 years
- —
- 3 years
- —
- TTM
- 133%
Stock price CAGR
- 10 years
- —
- 5 years
- —
- 3 years
- —
- 1 year
- -95%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- —
- Last year
- 64%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 1 | 1 | 160 | 160 |
| Reserves | 2 | 2 | 0.38 | 189 |
| Borrowings | 0 | 0 | 3 | 283 |
| Other Liabilities | 1 | 1 | 88 | 1,332 |
| Total Liabilities | 4 | 4 | 251 | 1,963 |
| Fixed Assets | 0 | 0 | 9 | 102 |
| CWIP | 0 | 0 | 8 | 4 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 4 | 4 | 233 | 1,857 |
| Total Assets | 4 | 4 | 251 | 1,963 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from Operating Activity | -2 | -0 | -0.03 | 96 |
| Cash from Investing Activity | 0 | -0 | -20 | -116 |
| Cash from Financing Activity | 3 | 0 | 21 | 12 |
| Net Cash Flow | 0 | -0 | 1 | -8 |
| Free Cash Flow | -2 | -0 | -4.93 | 92 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2016 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 0 | 242 | 83 | 82 |
| Inventory Days | 167 | 120 | 33 | 14 |
| Days Payable | 0 | 45 | 60 | 45 |
| Cash Conversion Cycle | 167 | 317 | 56 | 51 |
| Working Capital Days | 635 | 890 | 93 | 40 |
| ROCE % | 1 | 46 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
277inr_cr
2026-03-31
News
News and filings about Elitecon International Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Uses as raw material
- Tobacco leaf
Depends on the price of
- Tobacco Leaf
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Fast Moving Consumer Goods
- Industry
- Cigarettes & Tobacco Products
- Classification
- Fast Moving Consumer Goods › Cigarettes & Tobacco Products
- ISIN
- INE669R01026
Plants
- Nashik tobacco manufacturing facility
News impact
Big market events that reach Elitecon International Limited, and how the effect spreads.
28 Sept, 18:39 IST · Market event · high impact
Elitecon International seals up to $60 million South Africa tobacco supply deal; stock slides
Elitecon won up to $60 million in South Africa tobacco orders, helping its Nashik sales and jobs, while rivals hold flat and investors sold on thin margins and debt.
Who it hits first
- Elitecon International, a tobacco supplier, signed up to $60 million of supply orders for South Africa, adding a new country to its export network.
- The work should raise production and hiring at its Nashik plant in Maharashtra.
- Its shares slid on the news, showing investors doubt the price, timing, or profit on the deal.
Who may gain
- Elitecon International gains future sales from a large $60 million export lane.
- Workers and job seekers around the Nashik plant may gain shifts and new posts.
- South African buyers gain a new source of tobacco supply.
Along the supply chain
Downstream
Downstream, South African distributors and shops receive the new supply, while Indian rivals like Godfrey Phillips India see no direct loss since this is export volume, not domestic shelf share.
Upstream
Upstream, the pack names no supplier to Elitecon, so no tobacco-leaf grower or packer is confirmed; in plain terms, any extra leaf, paper, and boxes for the $60 million would come from unnamed farm and packaging sources.
Where demand moves
Business
Business demand flows from South African tobacco buyers to Elitecon's Nashik plant, which must make, pack, and ship up to $60 million of product, pulling in more shifts and output.
Capital
Capital flow is cautious: despite the order, Elitecon shares slid as holders sold, likely on thin margins, debt load, and mid-stage ASM watch, with no fresh buying shown in the pack's flows.
How it spreads across sectors
Fast Moving Consumer Goods
Mildly positive for tobacco exporters as a $60 million order shows foreign demand, but limited to Elitecon with rivals neutral.
Services
No ripple — South West Pinnacle and its Services peers were pulled in by a South Africa name match and have no tobacco link.
When it plays out
Immediate
1-7 days: Elitecon shares stay choppy under ASM watch while traders weigh the $60 million headline against the slide.
Medium term
1-6 months: Nashik output and hiring show whether the South Africa lane converts into steady sales.
Short term
1-4 weeks: focus shifts to order terms, shipment start, and any margin or payment detail from the company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
No dividends, splits or big trades on record.
Documents
Annual reports, results presentations and earnings calls, straight from the source.
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.