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Elitecon International Ltd

NSE: ELITECON · BSE: 539533 · Commercial Services & Supplies · 35 announcements

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Share price
₹5.74
Market cap
₹917.5 Cr
Revenue (annual)
₹5,075 Cr
Net profit (annual)
₹162.0 Cr
P/E (TTM)
4.8×Sector 46.8×
Promoter holding
59.43%+0.00% QoQ
FII holding
30.40%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

18:44 IST BSE
Fund Raise

Elitecon International Fund Raise of ₹1,000 Cr

Elitecon International's Board approved raising up to ₹1,000 Crore through a Qualified Institutions Placement (QIP) to eligible institutional buyers.

Value
₹1,000 Cr
10:16 IST BSE
Capacity Expansion

Elitecon International Capacity Expansion: ₹700 Cr Investment

Elitecon International announced a ₹700 Crore FMCG expansion roadmap targeting ₹20,000 Crore revenue by FY30. The strategy includes enhancing its Nashik facility and building a massive retail network.

Value
₹700.0 Cr
Execution
FY2030
14:28 IST BSE
Capacity Expansion

Elitecon International Capacity Expansion: ₹700 Cr Investment

Elitecon International Limited is targeting ₹20,000 crore FMCG revenue by FY30. The company plans to invest ₹700 crore to expand its global distribution to 5,000 distributors and 5 lakh retail outlets. This strategic shift includes launching 10 consumer brands and activating 5 export corridors across the Middle East, Africa, and South-East Asia.

Value
₹700.0 Cr
Execution
By FY30
09:24 IST BSE
New Order Win

Elitecon International Bags ₹202 Cr Order

Elitecon International Ltd secured a ₹202 Crore long-term supply contract from Bozza Tobacco (PTY) Ltd for cigarettes and tobacco-allied products. The agreement spans two years and marks the company's entry into the African continent, providing steady export visibility and supporting manufacturing capacity utilization.

Value
₹202.0 Cr
Execution
Two years
19:41 IST BSE
Legal & Regulatory

Elitecon International Legal & Regulatory

Elitecon International Limited received a Show Cause Notice from DGGI Lucknow proposing demands totaling ₹442.29 Crore. This includes tax, interest, penalties, and refund recoveries related to GST compliance and interpretation issues. The company is reviewing the notice to take appropriate legal measures, as no final liability has been determined yet.

Value
₹442.3 Cr