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Earnings Call Transcript

Vintage Coffee And Beverages Earnings Call Transcript: Key Takeaways

Vintage Coffee delivers robust FY27 Q1 performance driven by successful 4,500 MT capacity expansion. Management pivots toward premium freeze-dried coffee (FDC) to structurally boost margins despite seasonal lean periods.

Why this was an Alfa AlertManagement guides 115% Revenue growth for FY27 (explicit single-year guidance).
Guidance and delivery
Management target Revenue 115.0% FY27
Highlights
Revenue growth58.4% YoY growth; revenue at 161 Cr despite seasonal lean period.
MarginsEBITDA margins stable; project 22-24% once FDC capacity is commercialized.
Order bookFull volume commitments secured for the entire financial year.
Demand visibilityStrong; 70-80% of new FDC capacity already secured via LOIs.
Management confidenceHigh; management emphasizes internal accruals funding and high client retention.

Growth

Revenue grew 58.4% YoY to 161 Cr; EBITDA rose 75.2% showing significant operating leverage and scale benefits.

Outlook

FY27 revenue target of 850-905 Cr; FDC expansion to 16,500 MT expected by June 2026.

Risks

High working capital cycle (120-130 days) and rising green coffee prices pose short-term cash flow pressure.

Last quarter's promises, checked

Delivered

  • Increase capacity to 11,000 MT → Delivered 11,000 MT (= BEAT)
  • Q1 FY27 better than Q4 FY26 → Delivered 161 Cr vs 165 Cr (= MISS)
  • Operating cash flow positive FY26 → Delivered positive OCF (= BEAT)

Partly delivered

  • EBITDA margin 19% → Delivered 18.5% (= PARTIAL)

Missed

  • 95% capacity utilization FY27 → Delivered ~60% in Q1 (= MISS)
  • Debt interest 8.3-8.4% → Current peak debt guided at 450 Cr (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: VINCOFE. Summary written with AI assistance from the document.

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Vintage Coffee And Beverages Ltd: key numbers

Share price
₹184.15
Market cap
₹2,660 Cr
Revenue (annual)
₹553.0 Cr
Net profit (annual)
₹72.19 Cr
P/E (TTM)
33.8×Sector 41.4×
Promoter holding
34.65%+0.00% QoQ
FII holding
5.39%Current quarter

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

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Vintage Coffee and Beverages Limited has submitted its Annual Report for the financial year 2025-26, scheduled for its 46th Annual General Meeting.

19:41 IST BSE
Annual General Meeting

Vintage Coffee And Beverages Annual General Meeting

Vintage Coffee and Beverages Limited scheduled its 46th Annual General Meeting for September 30, 2026. The meeting will address financial statements, dividends, and director re-appointments.

19:19 IST BSE
Board Meeting Outcome

Vintage Coffee And Beverages Board Meeting Outcome

Vintage Coffee and Beverages Limited announced the re-appointment of Balakrishna Tati as Executive Director and the appointment of Sreedar Mohan & Associates as Statutory Auditor.

19:08 IST BSE
Management Change

Vintage Coffee And Beverages Management Change

Vintage Coffee and Beverages Limited has re-appointed Mr. Balakrishna Tati as Executive Director for a 60-month term, effective July 16, 2027.

18:28 IST BSE
Dividend

Vintage Coffee And Beverages Dividend

Vintage Coffee and Beverages Limited has fixed September 23, 2026, as the record date for the final dividend for the financial year 2025-26.

15:27 IST BSE
Capital Structure Change

Vintage Coffee And Beverages Capital Structure Change

Vintage Coffee and Beverages approved a 42,00,000 warrant issue at Rs. 164 each to promoters. The board also proposed an ESOP scheme for 30,00,000 shares.

Value
₹68.88 Cr