FMCG Stock Is Getting 10x Cheaper By 1:10 Stock Split: Cigarettes & Tobacco Company Sets Record Date; Buy Now?

Elitecon International manufactures and sells cigarettes, smoking mixture, sheesha, and other tobacco-related products in both domestic and international markets, including the United Arab Emirates, Singapore, Hong Kong, and other European nations like the United Kingdom. Smoking mixture, cigarettes, pouch Khaini, Zarda, flavored molesis tobacco, yummy filter khaini, and other tobacco products are among the many products that Elitecon International Limited produces and sells to both domestic and foreign consumers. On Friday, the shares of Elitecon International ended at a 5% lower circuit limit at Rs 522.90 per share with a market cap of Rs 8,358.56 Cr. The FMCG stock experienced a 52-week high of Rs 629.55 on 10/06/2025 and a 52-week low of Rs 11.02 on 26/08/2024. Between these two levels, the stock has gone up by more than 5600% in less than a year.

Elitecon International Stock Split

"We wish to inform you that Elitecon International Limited ("the Company") has fixed Wednesday, June 25, 2025 as the Record date for the purpose of determining the entitlement of Equity Shareholders for Subdivision/split existing Equity shares of the Company from 1 (one) Equity share having face value of Rs.10/- (Rupees Ten only) each fully paid-up, into 10 (Ten) Equity Shares having face value of Rs. 1/- (Rupee One only) each fully paid-up as approved by the Members of the Company in Extra ordinary General meeting held on Monday, June 02, 2025," said Elitecon International in a stock exchange filing.

Elitecon International Financials

Elitecon International's net profit climbed 93.81% to Rs 12.21 crore in the March 2025 quarter from Rs 6.30 crore in the March 2024 quarter. Compared to Q4FY24, which ended in March 2024, when sales were Rs 44.49 crore, they increased 170.65% to Rs 120.41 crore in the quarter that ended in March 2025 or Q4FY25. Even though EBITDA climbed by around 89.3% to Rs 12.89 cr, the operating margin for the quarter was just about 10%.

The net profit for the entire year jumped 573.85% to Rs 32.21 crore in March 2025 compared to Rs 4.78 crore in the financial year ended in March 2024. In FY25, sales increased 423.60% to Rs 297.51 crore, compared to Rs 56.82 crore in the year ending in FY24.

Backed by a robust Q4 performance, Elitecon achieved remarkable growth in FY25, with revenues soaring over 3-4 times YoY, EBITDA and PAT almost doubling on a quarterly basis, and full-year revenue and profit recording multi-fold gains.

Elitecon International Share Price Target

"Elitecon International stock price is bearish on the Daily charts with strong resistance at 550.4. A Daily close below support of 492 could lead to a target of 448 in the near term," commented A R Ramachandran, independent research analyst.

Disclaimer

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