This small-cap Tobacco Stock, engaged in manufacturing and marketing tobacco products, including cigarettes, sheesha, and smoking mixtures, hit a 5 percent upper circuit after the company announced a 1:10 stock split with a record date set for June 25, 2025.
With a market capitalization of Rs. 8,535.19 crores, the shares of Elitecon International Limited hit a 5 percent upper circuit of Rs. 534.95 per share on Tuesday, up from its previous closing price of Rs. 509.50 per share.
Since then, the stock has retreated and is currently trading at Rs. 533.95 per equity share. Over the past year, the stock has provided impressive returns of more than 4,745.74 percent.
Elitecon International Limited has announced that the Record Date for the sub-division / stock split of its equity shares is set for Wednesday, June 25, 2025. As per the approval granted in the Extraordinary General Meeting, each existing equity share of Rs. 10 face value will be split into 10 equity shares of Re. 1 face value. This move aims to enhance liquidity and increase retail participation.
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Elitecon International Limited (EIL) was established in 1987 and formerly known as Kashiram Jain and Company Limited, and is an Indian company primarily engaged in the manufacturing and trading of cigarettes, smoking mixtures, sheesha, and other allied tobacco products.
The company offers a diverse range of tobacco-related products, including cigarettes under the brand Inhale, sheesha under Al Noor, and smoking mixtures branded as Gurh Gurh. The company also plans to expand into chewing tobacco, snuff grinders, match lights, matches, matchboxes, and smoking pipes.
Elitecon International Limited operates in both domestic and international markets, with a strong presence in the UAE, Singapore, Hong Kong, the UK, and other European countries
Coming into financial highlights, Elitecon International Limited’s revenue has increased from Rs. 94 crore in Q3 FY25 to Rs. 313 crore in Q4 FY25, which has grown by 232.98 percent. The net profit has also grown by 230.77 percent, from Rs. 13 crore in Q3 FY25 to Rs. 43 crore in Q4 FY25.
In terms of return ratios, the company’s ROCE and ROE stand at 42.89 percent and 43.46 percent, respectively. Elitecon International Limited has an earnings per share (EPS) of Rs. 4.36, and its debt-to-equity ratio is 0.02x.
Written By – Nikhil Naik
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