VINCOFE

Vintage Coffee And Beverages share price & financials

Price
₹152.16
Market cap
₹2.2k Cr
Sector
Fast Moving Consumer Goods
Calls analysed
4
Latest concall · Q1 FY27 · call held 03 Aug 2026

Vintage Coffee And Beverages Limited Q1 FY27

Revenue ₹161 cr +58%EBITDA ₹31.6 cr +75%PAT ₹20.8 cr +46%PAT Margin 12.9%

What went well

  • Revenue grew robustly by 58.4% year-on-year to ₹161 crores in Q1 FY27, driven by healthy demand and improved operating scale.
  • EBITDA increased by 75.2% to ₹31.6 crores, demonstrating strong operational leverage.
  • Profit After Tax (PAT) rose by 46.1% to ₹20.8 crores, maintaining a healthy PAT margin of 12.9%.

What to watch

  • Q1 is a seasonally lean period for the soluble coffee industry, traditionally resulting in slightly lower revenues.
  • Geopolitical tensions in the Middle East led to modest increases in LPG/diesel prices and transit times, though the overall impact on business was negligible due to limited exposure.
Read the full call →

What Vintage Coffee And Beverages Limited does

Vintage Coffee and Beverages Ltd (VCBL), incorporated in 1980, manufactures and exports instant coffee, instant chicory and related beverage products through its subsidiaries Vintage Coffee Pvt Ltd and Delecto Foods Pvt Ltd. It runs a 100% Export Oriented Unit near Nagarkurnool, Telangana, that produces spray-dried and agglomerated instant coffee, alongside a separate chicory-processing plant near Siddipet, Telangana. The business earns mainly by supplying private-label instant coffee and chicory to customers across Africa, Russia & CIS, South East Asia, Europe and the Americas rather than selling under its own consumer brand. It is also constructing a freeze-dried coffee facility to move into higher-value premium coffee segments.

Segments

  • Instant Coffee (Vintage Coffee Pvt Ltd)
  • Instant Chicory & Beverages (Delecto Foods Pvt Ltd)
Installed capacity — spray-dried & agglomerated instant coffee
11,000 MTPA
Installed capacity — instant chicory
1,700 MTPA
Installed capacity — packing
3,000 MTPA
Manufacturing subsidiaries
2 (Vintage Coffee Pvt Ltd — 100% Export Oriented Unit; Delecto Foods Pvt Ltd)
Manufacturing footprint
23-acre instant coffee plant at Veldanda, Nagarkurnool district + 2-acre chicory plant at Wargal, Siddipet, both in Telangana
Export markets
Africa, Russia & CIS, South East Asia, Europe and the Americas
Founded 1980Headquarters Hyderabad, Telangana, India Company website

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 3 delivered 4 missed 12 open
  • Additional spray-dried capacity delivered said Q2 FY26 Promised: 4,500 metric tons by end of March 2026 Q1 FY27: Promise achieved in Q4 FY26. The new capacity was confirmed to be operating at 90-95% utilization during the quarter.
  • Equity dilution for Freeze-Dried Plant missed said Q2 FY26 Promised: No plans to dilute any equity... raising funds through the debt route only. Q1 FY27: Promise was definitively missed in Q3 FY26. No new updates.
  • FY28 EBITDA Margin revised up said Q4 FY26 Promised: If we are going to take nine months of production for freeze-dried coffee... it will be in the region of around 20% to 21%. Q1 FY27: Management revised guidance upwards, now expecting a consolidated EBITDA margin of 23-24% in the next 2 years (FY28/FY29), significantly higher than the initial 20-21% guidance for FY28.

All 19 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 57.8%, net profit up 50.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue72 88 105 102 136 +89%151 +72%165 +57%161 +58%
EBITDA10 16 19 18 22 +120%29 +81%31 +63%32 +78%
Net profit8 12 16 14 18 +125%19 +58%21 +31%21 +50%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +8.8% YTD

₹120₹140₹160₹180JanFebMarAprMayJunJulAugSeptQ3 FY26 — 5 Feb 2026Q4 FY26 — 25 May 2026Q1 FY27 — 3 Aug 2026

YTD: ₹160.23 on 1 Jan 2026 → ₹174.35. High ₹185.77 (31 Aug 2026), low ₹122.35 (16 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
+1.9%
3 Aug
Q4 FY26
+7.5%
25 May
Q3 FY26
−3.3%
5 Feb
Q2 FY26
+1.8%
3 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 105.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 18.1%.

Year endingFY23FY24FY25FY26
Revenue₹64 Cr₹131 Cr₹309 Cr₹554 Cr
Operating profit₹16 Cr₹25 Cr₹53 Cr₹100 Cr
Operating margin25.0%19.1%17.2%18.1%
Interest₹5 Cr₹7 Cr₹6 Cr₹9 Cr
Depreciation₹4 Cr₹4 Cr₹8 Cr₹10 Cr
Net profit₹3 Cr₹12 Cr₹41 Cr₹72 Cr
Net margin4.7%9.2%13.3%13.0%
Cash from operations₹11 Cr₹-36 Cr₹-23 Cr₹15 Cr
Free cash flow₹11 Cr₹-37 Cr₹-30 Cr₹-142 Cr
ROCE5.0%9.0%15.0%18.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY22FY23FY24FY25FY26
Equity capital₹70 Cr₹70 Cr₹105 Cr₹144 Cr₹146 Cr
Reserves₹35 Cr₹39 Cr₹62 Cr₹381 Cr₹424 Cr
Borrowings₹110 Cr₹102 Cr₹97 Cr₹89 Cr₹124 Cr
Other liabilities₹32 Cr₹35 Cr₹25 Cr₹25 Cr₹32 Cr
Total liabilities₹246 Cr₹246 Cr₹288 Cr₹641 Cr₹725 Cr
Fixed assets₹157 Cr₹152 Cr₹149 Cr₹182 Cr₹302 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹89 Cr₹94 Cr₹139 Cr₹459 Cr₹423 Cr
Total assets₹246 Cr₹246 Cr₹288 Cr₹641 Cr₹725 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs added +7.04 pp while the public trimmed −4.52 pp. The shareholder count grew 109% to 44,709.

Promoters
34.6%
FIIs
5.4%
DIIs
9.6%
Public
50.4%

Since Jun 2025

  • DIIs +7.04 pp
  • Public −4.52 pp
  • Promoters −4.03 pp

How it drifted, 12 quarters

Over this window promoters fell from 46.6% to 34.6% — −12.0 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 46.6%, Public 53.4%.Dec '23: Promoters 47.6%, Public 52.4%.Mar '24: Promoters 47.6%, Public 52.4%.Jun '24: Promoters 40.6%, FIIs 2.3%, Public 57.1%.Sep '24: Promoters 40.6%, FIIs 2.3%, Public 57.2%.Dec '24: Promoters 40.1%, FIIs 3.4%, DIIs 1.4%, Public 55.1%.Mar '25: Promoters 39.2%, FIIs 3.4%, DIIs 1.9%, Public 55.6%.Jun '25: Promoters 38.7%, FIIs 3.9%, DIIs 2.5%, Public 54.9%.Sep '25: Promoters 34.1%, FIIs 5.3%, DIIs 6.3%, Public 54.4%.Dec '25: Promoters 34.6%, FIIs 4.4%, DIIs 6.3%, Public 54.7%.Mar '26: Promoters 34.6%, FIIs 4.8%, DIIs 7.6%, Public 52.9%.Jun '26: Promoters 34.6%, FIIs 5.4%, DIIs 9.6%, Public 50.4%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 2 holders trimming and 3 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Vintage Coffee And Beverages Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Balakrishna Tati 13.57%unchanged
Chin Corp Holding Pte Limited 13.28%unchanged
Bandhan Small Cap Fund Mutual fund5.42%unchanged
Ambey Bhawani Projects Private Limited 2.54%unchanged
Vishal Jethalia 2.27%unchanged
Mohit Rathi 2.12%unchanged
Astorne Capital Vcc - Arven FPI fund1.78%unchanged
Rajesh Sadhwani 1.51%−0.41 pp
Padma Tati 1.25%unchanged
Bandhan Innovation Fund Mutual fund1.12%−0.06 pp
Tati Sai Teja 1.12%unchanged
Vinay Rajendrakumar Nagda 1.03%unchanged

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.

Mutual funds in VINCOFE

Filings to Aug 2026

0 new, 0 added, 0 trimmed, 0 sold out — net +0.00 L shares (+0.0%).

Held by funds
₹52 Cr
2 schemes
Biggest holder
SBI Quality Fund
₹28 Cr · 1.1% of that fund
SchemeHoldingLast month
SBI Quality Fund SBI Mutual Fund₹28 Crheld
SBI Resurgent India Opportunities Scheme SBI Mutual Fund₹24 Crheld

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

0 added, 0 trimmed — net 0 shares (+0.0%)

Funds are sitting on
-2%
vs est. average cost
Held by funds
₹52 Cr
2 schemes · ≈ 2.0% of the company
Biggest holder
SBI Quality Fund
₹28 Cr · 1.1% of that fund

Shares held by these funds 0%

Jun '26 28.00 L shares Jul '26

What the price assumes

Attractive

To justify its price of ₹174, this stock must grow earnings at 23% every year for 7 years. Our analysis caps realistic growth at ~184%. At that growth it is worth ₹49839 — upside of 28485%.

Growth the price implies
22.7% a year
for 7 years, fading to 4%
It has actually compounded at
184.4% a year
net profit, FY23–FY26
The gap
-1.6 pp
28485% downside if it only repeats history
Price today ₹174.35 Value at the reference growth ₹49,838.59

Change the assumptions yourself →

All earnings calls (4)

Read the Q1 FY27 call →

Learn to analyse Vintage Coffee And Beverages Limited

Guides on how to read this kind of business and the numbers that matter.