3600% rally in one year! BSE-listed small-cap stock jumps 5% despite weak trends on Dalal Street

BSE-listed small-cap Elitecon International's share price jumped nearly 5% in Wednesday's trading session following its Q4 results. 

The company on Tuesday reported a 93.8% year-on-year (YoY) jump in its net profit for the fourth quarter of fiscal year ended March (Q4FY25) to ₹12.21 crore. The company had reported a profit of ₹6.30 crore in the year-ago period. Its net sales stood at ₹120.4 crore during the quarter ended March from ₹44.5 crore in the same period a year ago, a surge of 170.6% YoY.

Elitecon International share price today touched a 52-week high. The stock has risen 13.02% in the past week, 82.08% in the past quarter, and 3,600% in the past year.

Based on reports, earnings per share (EPS) has fallen to its lowest level in the past five quarters to ₹0.76, signalling a decrease in profitability for shareholders.

Company details

Elitecon International specialises in the production and sale of a wide range of tobacco products, including cigarettes and smoking accessories, and also handles any other items typically sold by tobacconists.

Since 2021, the company has been involved in the production and trading of cigarettes, smoking mixtures, sheesha, and various other related products within the tobacco sector in both domestic and international markets.

At present, the business operates in international markets such as the UAE, Singapore, Hong Kong, and several European nations, including the UK, while also planning to expand its offerings to include products like chewing tobacco, snuff grinders, match lights, matches, matchboxes, and pipes, among other items.

The company has introduced brands such as Inhale in the cigarette segment, Al Noor in the sheesha category, and Gurh Gurh in the smoking mixture line.

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