Spice Lounge Food Works share price & results
- Jun 2026
- Sept 2026
Hyderabad holding co. for the Wild Wings food & beverage business, plus a legacy US IT subsidiary.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 40.1 | +24.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 15.2 | +11.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 4.8 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 13.52 | +3.1 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 1.59 | −1.2 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 20.89 | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −54.0% 1Y
1Y: ₹44.07 on 24 Oct 2025 → ₹20.27. High ₹68.8 (21 Nov 2025), low ₹17.02 (19 May 2026).
- Previous close
- ₹21.33
- Market cap
- ₹1.3k Cr
- 52-week range
- ₹17.02 – ₹68.8
- One year
- −55.21%
- Price to earnings (TTM to Jun 2026)
- 83.80×
- Return on equity (TTM to Jun 2026)
- 13.52%
Overview
- Symbol
- NSE:SPICELOUNG
- Sector
- Consumer Services
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What SPICE LOUNGE FOOD WORKS LIMITED does
Based on the company's own presentations, annual report and earnings calls.
Formerly Shalimar Agencies Limited, the company was renamed Spice Lounge Food Works Limited and now operates in the food & beverage space through wholly-owned Indian subsidiaries carrying the 'Wild Wings' name -- Mirchi Wild Wings Private Limited, its step-down subsidiary MWW Gachibowli Private Limited, and Chicken Wild Wings Private Limited. It also continues to hold Teksoft Systems Inc, a US-incorporated subsidiary retained from its earlier information-technology/BPO-services business. Nearly all reported operations sit at the subsidiary (consolidated) level, with the standalone parent earning only minimal income of its own.
- Wholly-owned subsidiaries
- 4
- Subsidiary corporate structure
- 3 India-based food-business subsidiaries (one a step-down subsidiary) plus 1 US-based IT-services subsidiary
- Countries of operation (via subsidiaries)
- India, USA
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 2 fiscal years held (Mar 2025 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +508% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 18 | 53 | 35 | 32 | 46 | 33 | 47 | 40 |
| Expenses | 15 | 42 | 34 | 31 | 44 | 29 | 41 | 34 |
| Operating profit | 3 | 10 | 1 | 1 | 2 | 4 | 6 | 6 |
| Operating margin | 14.0% | 19.3% | 1.6% | 4.0% | 4.2% | 10.6% | 13.3% | 15.2% |
| Other income | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 |
| Interest | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 2 | 1 | 2 | 0 | 0 | 0 | 1 |
| Profit before tax | 1 | 7 | -2 | -2 | 4 | 2 | 5 | 5 |
| Tax rate | 11.7% | −22.9% | 79.3% | −40.7% | 5.5% | −3.4% | 4.6% | 3.6% |
| Net profit | 1 | 8 | -4 | -1 | 3 | 2 | 5 | 5 |
| EPS (₹ per share) | 0.01 | 0.12 | -0.05 | -0.02 | 0.05 | 0.04 | 0.07 | 0.07 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 0 | 105 | 158 |
| Expenses | 0 | 92 | 145 |
| Operating profit | -0 | 13 | 13 |
| Other income | 0 | 1 | 3 |
| Interest | 0 | 5 | 4 |
| Depreciation | 0 | 4 | 3 |
| Profit before tax | -0 | 6 | 9 |
| Net profit | -0 | 6 | 10 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 3 | 70 | 70 | 70 |
| Reserves | -0 | -0 | -0 | 39 | 41 | 53 |
| Borrowings | 0 | 0 | 0 | 71 | 115 | 118 |
| Other liabilities | 0 | 1 | 1 | 24 | 34 | 51 |
| Total liabilities | 3 | 4 | 4 | 203 | 260 | 292 |
| Fixed assets | 0 | 0 | 0 | 120 | 118 | 120 |
| Capital work in progress | 0 | 0 | 0 | 1 | 2 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 47 |
| Other assets | 3 | 4 | 4 | 82 | 140 | 124 |
| Total assets | 3 | 4 | 4 | 203 | 260 | 292 |
| Line item | Mar 2025 | Mar 2026 |
|---|---|---|
| Cash from operations | 3 | 5 |
| Cash from investing | 4 | -48 |
| Cash from financing | -5 | 43 |
| Net cash flow | 2 | -1 |
| Free cash flow | 3 | 3 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | — | — | — | — | 77 | 102 |
| Inventory days | — | — | — | — | 117 | 126 |
| Days payable | — | — | — | — | 290 | 941 |
| Cash conversion cycle | — | — | — | — | -96 | -712 |
| Working capital days | — | — | — | — | 123 | 115 |
| Return on capital employed | −2.9% | −3.3% | −2.8% | −1.8% | — | 6.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 63.40% as of Sept 2026.
- Promoters 63.40%
- Public 36.60%
Who is on the register
Named in the Sep 2026 filing
Every holder of SPICE LOUNGE FOOD WORKS LIMITED above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 40.36% | unchanged | |
| 17.21% | unchanged | |
| 16.54% | unchanged | |
| 13.57% | −0.72 pp | |
| 9.18% | unchanged | |
| 0.28% | −0.26 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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