Elitecon International Limited has emerged as one of the most extraordinary performers on the Indian stock markets, delivering a staggering 4,239.05% return over the past 1 year. Formerly known as Kashiram Jain & Company, the FMCG and tobacco player has seen explosive growth across all metrics in Q1 FY26, while also outlining a bold roadmap for expansion. Here’s a detailed look at what’s powering this meteoric rise.
The company reported standalone sales of ₹199.23 crore in Q1 FY26, up nearly 302% compared to ₹49.56 crore in Q1 FY2025. PAT soared 350% year-on-year to ₹20.41 crore, while EBITDA grew by 325% to ₹20.93 crore. Even on a sequential basis, sales rose 65%, PAT by 67%, and EBITDA by 62% over Q4 FY 2025.
On a consolidated basis, Q1 FY26 sales stood at ₹524.87 crore, PAT at ₹72.08 crore, and EBITDA at ₹73.37 crore, each up 68% quarter-on-quarter. Such robust performance is attributed to increased export demand, better cost management, and premiumisation of its tobacco and FMCG product portfolio. The company’s operational strength has been aided by its 40,000 sq ft automated facility in Nashik with 80 million cigarette sticks/month capacity.
Elitecon’s stellar run isn’t just about strong earnings. In August 2025, its board approved a ₹300 crore fundraise via QIP to acquire high-potential FMCG companies. This follows earlier fundraises of ₹136 crore via fully subscribed convertible warrants and ₹22.64 crore through preferential allotments.
The company plans to expand into the food sector, roll out new brands for domestic and international markets, and deepen its presence in the EU, MENA, and ASEAN regions. Tech adoption in manufacturing and compliance, along with R&D investments, has bolstered investor confidence.
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Elitecon’s brands, such as Kingsman, 7 Leaf, Elanté, and Quad One, are present in over 50 countries, including the UAE, UK, Singapore, and the EU. With a strong OEM and private label pipeline, the company’s brand-led export model is driving global visibility. Backed by a 2,000+ workforce and partners, Elitecon is well-positioned to scale both reach and capacity in the coming quarters.
On October 16, 2025, Elitecon International share price opened at ₹173.10 on BSE, near the previous close of ₹173.10. During the day, it surged to ₹174.00 and dipped to ₹164.45. The stock is trading at ₹164.45 as of 2:03 PM. The stock registered a decline of 5%.
Over the past week, it has moved up by 9.93%, over the past month, it has declined by 2.46%, and over the past 3 months, it has moved up by 44.97%.
Elitecon International’s share price surge reflects investor faith in its earnings momentum, capital discipline, global footprint, and ambitious FMCG play. With Q1 FY26 setting new records and expansion plans underway, the company is poised for sustained growth.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Oct 16, 2025, 3:09 PM IST
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