Elitecon International Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Elitecon International Ltd trades at ₹17.1, in a downtrend and 32 weeks into that stage. That is −68.2% against its own 200-day average. It sits at 0% of a 52-week range of ₹16 to ₹403. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (43 weeks and counting).

Today the stock is in a downtrend — week 32 of stage 4, confirmed. At ₹17.1 it trades −68.2% versus its 200-day average and sits at 0% of its 52-week range (₹16–₹403).

Against the market, two honest reads. Cumulative: over the last 7.2 years the stock moved +1,613% while the NIFTY 500 moved +142% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (43 weeks and counting; last ahead the week of 2025-10-17) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Elitecon International Ltd trades at 8.6× P/E, near the bottom of its own range — cheaper only 25% of the time. Its long-run median P/E is 15.6×, measured across 1.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 8.6× is near the bottom of its own range — cheaper only 25% of the time, against a long-run median of 15.6× measured over 1.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Why the multiple sits where it does: over the past year annual EPS moved +1,366.7% against a −94.6% price move — earnings outran the price, pushing the multiple DOWN its own range.

Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.

What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.

At its price on 13 June 2026, Elitecon International Ltd was priced for profit growth of about 8.1% a year. The market pays that at 8.6× P/E, the 25th percentile of its own 1-year range.

What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is the whole of what a buyer is backing. Both readings sit on the same earnings, so they are one reading rather than two.

How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements. Every other number on this page is read off the live quote.

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Elitecon International Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 5 quarters across 1 curve, on partial evidence.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

4-Factor Sector Score

56.0/100 — rank 1 of 1 in Chewing Tobacco/Pan Masala · 74% evidence confidence

Elitecon International Ltd scores 56.0 out of 100 against the 1 companies it is compared with in Chewing Tobacco/Pan Masala, ranking 1. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 25.3 + 13.2 + 10 + 7.5 = 56. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Elitecon International Ltd reported ₹1,741 Cr of revenue in the Dec 25 quarter, +1,752.1% year on year. Over 10 years it has compounded at 87.9% a year. The last full year, FY25, came in at ₹549 Cr. The last four reported quarters add to ₹4,771 Cr.

FY25 revenue came in at ₹549 Cr (null on the year), capping 10 years at 87.9% compound. The latest quarter (Dec 25) printed ₹1,741 Cr, +1,752.1% year on year.

Pace check: the last four quarters averaged +1,752.1% growth against the decade's 87.9% — the current year is running faster than its own long-run rate.

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Elitecon International Ltd's operating margin is 8.0% in the Dec 25 quarter, −6.0 percentage points against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 2.3% to 13.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 8.0%, −6.0 pp against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 2.3%–13.0%.

🚨 Why the margin moved: operating margin went −6.1 pp year on year while gross margin went −9.3 pp — the loss came mostly from the gross line: input costs and pricing.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Elitecon International Ltd earned ₹104 Cr of net profit in the Dec 25 quarter, +700.0% year on year. Full-year FY25 profit was ₹70.0 Cr. That is 6.0% of the quarter's revenue. The same quarter a year earlier earned ₹13.0 Cr.

Dec 25 profit was ₹104 Cr, +700.0% year on year. On the full year, FY25 printed ₹70.0 Cr (null).

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Elitecon International Ltd's cash-flow history is too thin to judge how much reported profit converts into cash. In FY25 that was ₹0.0 Cr of operating cash against ₹70.0 Cr of profit. Cash resolution here is annual, because quarterly cash statements are not published.

FY25: operating cash of ₹0.0 Cr against reported profit of ₹70.0 Cr.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Elitecon International Ltd's cash conversion cycle runs 56 days in FY25, down from 167 days in FY15. Capital spending ran ₹0.0 Cr over the last 1 years. At FY25 sales of ₹549 Cr each day of that cycle holds about ₹1.5 Cr, so roughly ₹84.0 Cr sits inside the business at any moment.

FY25: debtors at 83 days, inventory at 33 days — roughly 1.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 56 days, tighter than FY15's 167.

The full loop: cash goes out to suppliers and production on day 0; stock waits 33 days to sell; customers pay about 83 days after that; and suppliers themselves are paid at 60 days — netting out to the 56-day cycle.

In money terms: at FY25 sales of ₹549 Cr, each day of the cycle holds about ₹1.5 Cr — so the 56-day loop keeps roughly ₹84.0 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹0.0 Cr over the last 1 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY16) — capacity paid for but not yet earning.

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Elitecon International Ltd earns a ROCE of 1% in FY16. Return on invested capital clears the cost of that capital by +61.6 percentage points, so growth here adds value rather than only size. The wiring behind it is 12.8% net margin on 2.19× asset turns.

FY16 ROCE is 1%.

Why the return is what it is — the wiring (FY25): 12.8% net margin × 2.19× asset turns × 1.57× balance-sheet leverage ≈ 44.0% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.

The capstone test — ROIC − WACC: 73.6% − 12.0% = a +61.6 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

Elitecon International Ltd carries total debt of ₹376 Cr against shareholder equity of ₹530 Cr as of Dec 25, a debt-to-equity of 0.71. On the annual view that ratio went from 0.00 in FY21 to 0.02 in FY25. Read the returns elsewhere on this page with that leverage in mind.

Dec 25: total debt of ₹376 Cr against shareholder equity of ₹530 Cr — a debt-to-equity of 0.71. On the annual view, debt-to-equity went from 0.00 (FY21) to 0.02 (FY25). Read the returns on this page with that leverage in mind.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Foreign institutions added 20.9 points of Elitecon International Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 36.4% of the company. Promoters moved −15.6 points over the same window, to 59.4%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: +20.9 points over 8 quarters to 36.4%; Promoters: −15.6 points over 8 quarters to 59.4%.

Why the register moved: foreign institutions drove it (+20.9 points), absorbed on the other side by promoters (−15.6 points) — steady accumulation by institutions reading the same numbers this page reads.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Elitecon International Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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