367 per cent from 52-week low: Multibagger stock surges over 5 per cent as this coffee manufacturer reports a 214 per cent jump in PAT
From Rs 28.01 (52-week low) to Rs 131 per share, the stock gave multibagger returns of 367 per cent returns.
On Monday, shares of Vintage Coffee And Beverages Ltd surged over 5 per cent to Rs 131 per share from its previous closing of Rs 123.65 per share. From Rs 28.01 (52-week low) to Rs 131 per share, the stock gave multibagger returns of 367 per cent returns.
Vintage Coffee & Beverages Ltd, established in 1980, is a prominent player in the manufacturing and export of instant coffee and chicory. As a holding company for Vintage Coffee Private Ltd and Delecto Food Pvt Ltd, VCBL offers a diverse range of products, including instant coffee, instant chicory, and other beverages. The company caters to both the domestic and international markets, selling its products under the well-known brands Neocafe and Vintage. With a strong focus on quality and innovation, VCBL provides a wide array of packaging options to suit various customer preferences.
According to Quarterly Results, the net sales increased by 138 per cent to Rs 71.56 crore and net profit increased by 214 per cent to Rs 7.51 crore in Q2FY25 compared to Q2FY24. In its half-yearly results, the net sales increased by 126 per cent to Rs 115.23 crore and net profit increased by 196 per cent to Rs 12.06 crore in H1FY25 compared to H1FY24.
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Earlier, Vintage Coffee Private Limited, a subsidiary of BSE-listed Vintage Coffee and Beverages Limited, opened its first Premium Café Lounge in Navi Mumbai. This milestone event will also witness the launch of their e-commerce platform, enabling customers to conveniently purchase their exquisite coffee products online. With a strong global presence and a reputation for producing premium coffee blends, Vintage Coffee is now poised to captivate the Indian market. The new café lounge offers a luxurious setting for coffee lovers to indulge in plantation-fresh brews, while also catering to business professionals seeking a refined environment for meetings. This strategic move marks VCBL's transition from B2B operations to direct consumer engagement, promising to deliver unparalleled coffee experiences that blend tradition with innovation.
The company has a market cap of over Rs 1,500 crore and debtor days have improved from 84.7 to 60.4 days. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.