Elitecon International Ltd Share Price – BSE

Tobacco Products, Small Cap

Elitecon International has announced a strategic roadmap to build a diversified FMCG platform targeting approximately Rs. 20,000 crore in revenue by FY2030.

The company's expansion strategy is anchored on a dual-platform model comprising its international tobacco export business and a phased FMCG rollout focused on packaged foods and snacks, edible oils, and everyday household essentials.

The planned FMCG expansion will be supported through the company's existing 40,000+ sq. ft. manufacturing facility in Nashik, Maharashtra together with proposed capability enhancement initiatives to be undertaken in a calibrated manner, based on commercial visibility and operational readiness.

Elitecon International currently holds a USD 119 Million+ contracted tobacco order book spanning Africa and the Middle East. This includes a two-year export agreement with South Africa-based Bozza Tobacco valued at approximately INR 2.02 billion, alongside an ongoing USD 97.35 million order under execution for the Middle East through Yuvi International Trade FZE.

Under its FMCG roadmap, Elitecon International has outlined an indicative capital outlay of Rs. 700 crore, with plans to build a distribution network targeting 5,000 partners and presence across 5,00,000+ retail outlets and 15+ international markets over time. The company also aims to scale a portfolio comprising 10 consumer brands and 150+ SKUs as part of the phased rollout framework.

The company said it plans to build a diversified FMCG platform alongside its international tobacco export business. The strategy will focus on packaged foods and snacks, edible oils, and household essentials.

Elitecon said the expansion will be supported by its existing manufacturing facility in Nashik, Maharashtra, which spans more than 40,000 square feet. The company also plans to undertake capability enhancement initiatives based on commercial demand and operational readiness.

The company currently has a contracted tobacco export order book exceeding $119 million across Africa and the Middle East.

This includes a two-year export agreement with South Africa-based Bozza Tobacco valued at about Rs 202 crore. It also includes a $97.35 million order for the Middle East through Yuvi International Trade FZE.

As part of its FMCG roadmap, Elitecon aims to build a distribution network of 5,000 partners and expand its presence to more than 500,000 retail outlets and over 15 international markets. The company also plans to develop a portfolio of 10 consumer brands and more than 150 stock-keeping units (SKUs).

Kumar Anubhav Upadhyay, executive director of Elitecon International, said the company's focus remains on executing previously announced milestones and converting its order book and manufacturing capacity into long-term growth.

Elitecon said FMCG product launches will follow a milestone-based approach. New categories will be introduced only after readiness across manufacturing, sourcing, packaging, inventory, pricing and distribution.

The company is also upgrading selected production lines at its Nashik facility, expanding its in-house quality assurance laboratory and adding capacity in line with confirmed order visibility.

Founded in 1987, Elitecon International operates across manufacturing, exports and FMCG businesses, with a presence in more than 50 countries.

On a consolidated basis, the company?s net profit zoomed 676.4% to Rs 103.57 crore while net sales soars 1,750% to Rs 1,741.26 crore in Q3 FY26 over Q3 FY25.

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The contract covers the supply of the company?s tobacco products, including cigarette brands such as Red and Black, B&W, Cape, Ossum, and Golden Flake. The agreement became effective on 6 April 2026 and was signed on 14 April 2026, with payment terms set at 90 days from delivery.

The company stated that the order provides steady export visibility over the contract period and reflects sustained demand in international markets. It is expected to support efficient capacity utilization, improve operational planning, and contribute positively to business stability and long-term growth.

The agreement also strengthens the company?s presence in South African markets and supports its broader strategy of expanding exports across the African continent while building a scalable and sustainable business model.

The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity and the transaction does not qualify as a related-party transaction.

Elitecon added that the deal strengthens its footprint in Middle Eastern markets and aligns with its strategy of expanding exports while building a scalable and sustainable business model. The company expects the order to contribute positively to business stability and long-term growth.

Elitecon International is engaged in the manufacturing and trading of all kinds of tobacco, cigarettes, smoking and other products of tobacco.

On a consolidated basis, the company?s net profit zoomed 676.4% to Rs 103.57 crore while net sales soars 1,750% to Rs 1,741.26 crore in Q3 FY26 over Q3 FY25.

Elitecon International has been awarded a long-term supply contract for the supply of cigarettes and other tobacco-allied products, aggregating to a contract value of Rs 202 crore from Johannesburg-based Bozza Tobacco.

The agreement also strengthens the Company's presence in South African markets and aligns with its ongoing focus on expanding exports and building a sustainable, scalable business model. Overall, the order is expected to contribute positively to business stability and long-term growth. This contract will be a milestone and a stepping stone to enter into the African Continent.