VINCOFEFast Moving Consumer Goods

Vintage Coffee And Beverages Limited

Tea & Coffee · ISIN INE498Q01014 · BSE 538920 · NSE EQ · FV ₹10
Last price
₹176
+5.20%today
What this company does

Vintage Coffee And Beverages Limited operates in Tea & Coffee, part of the Fast Moving Consumer Goods sector. It booked ₹161 cr of revenue in its latest quarter (Q1 FY27) and kept 12.9% of sales as profit. It is the 3rd largest of 9 Tea & Coffee companies we track, by market value.

In the report:
50out of 100
Equitytale Health Score
Mixed

Healthier than 50% of companies in Fast Moving Consumer Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 27–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
58

At close. Not part of the score.

Profitability & returns68

How much profit it earns on the money it employs

Balance sheet66

How much it owes, and whether earnings cover the interest

Cash quality20

Whether reported profit actually arrives as cash

Valuation37

What today's price implies, against our models or its peers

Governance & risk37

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 83% vs last year
Profit up 67% vs last year
Watch-outs
! 26.0% of promoter stake pledged
! Operating cash flow is negative

What if I invest in VINCOFE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹176 +5.20%
latest close · 2026-09-17
52-wk low ₹14342 sessions so far52-wk high ₹189
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio30.8High
LowAverageHigh
P/B ratio4.50High
Below bookModerateHigh
EV / EBITDA19.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.6%Fair
WeakFairStrong ▸15%
Return on capital19.2%Strong
WeakFairStrong
Net margin12.9%Decent
ThinDecentStrong
EBITDA margin20.6%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.22Comfortable
LowModerateHigh ▸1
Interest cover12.3×Strong
RiskyOkayStrong ▸5×
Current ratio4.38Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹2,564 cr
Book value
₹39
EPS
₹1.43
latest quarter
Net debt
₹38 cr
owes more than its cash
Enterprise value
₹2,601 cr
EBITDA
₹133 cr
annualised
EBIT
₹121 cr
annualised
Operating margin
18.9%
Return on assets
11.5%
Earnings yield
3.25%
P/S
3.98
Sales / share
₹44.2
Tax rate
25.4%
Face value
₹10
Shares
14.6 cr
Working capital
₹309 cr
Current assets
₹400 cr
Current liabilities
₹91 cr
Delivery %
35.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹34₹34, midpoint ₹34

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹161 cr
Other Income₹2 cr
Total Income₹163 cr
Cost of Materials₹122 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-7 cr
Employee Benefit Expense₹4 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹3 cr
Other Expenses₹11 cr
Total Expenses₹135 cr
Profit before Tax₹28 cr
Tax Expense₹7 cr
Net Profit₹21 cr
Net margin on total income12.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹114 cr70.4%
Employee benefit expense₹4 cr2.2%
Finance costs₹2 cr1.5%
Depreciation & amortisation₹3 cr1.7%
Other expenses₹11 cr7.0%
Tax expense₹7 cr4.4%
Profit for the period₹21 cr12.8%
Total income ₹163 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue151 cr165 cr161 cr
Total income152 cr169 cr163 cr
Expenses127 cr141 cr135 cr
Profit before tax25 cr28 cr28 cr
Tax6 cr7 cr7 cr
Net profit (owners' share)19 cr21 cr21 cr
Net margin (owners' share, on revenue)12.7%12.7%12.9%
EPS (₹)1.311.441.43
YoY (latest quarter): revenue +82.6% · net profit +66.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹725 cr
Shareholder equity
₹569 cr
parent shareholders
Total debt
₹124 cr
Cash
₹86 cr
Cash flow · H1 FY26
Operating
₹-19 cr
Investing
₹-26 cr
Financing
₹191 cr
Peer comparison
Tea & Coffee · by market value
CompanyPriceMarket capP/E
TATA CONSUMER PRODUCTS LIMITED₹1,014₹1.00 L cr58.8
CCL Products (India) Limited₹1,062₹14,185 cr30.3
Vintage Coffee And Beverages Limitedthis company₹176₹2,564 cr30.8
Mcleod Russel India Limited₹42₹441 cr
Jayshree Tea & Industries Limited₹90₹259 cr
Gillanders Arbuthnot & Company Limited₹104₹222 cr22.0
Rossell India Limited₹54₹205 cr21.2
Dhunseri Tea & Industries Limited₹139₹146 cr8.1
Ganges Securities Limited₹113₹113 cr23.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.06%
trailing 12 months
Dividend / share (TTM)
₹0.1
Last dividend
₹0.1
ex 22 Sep 2025
ActionDetailEx-date
Dividend₹0.1 / share22 Sep 2025
Dividend₹0.05 / share7 Aug 2024
Dividend₹0.05 / share20 Sep 2023
Who owns it · 2026-06-30
25.9% pledged
Promoter
34.6%
FII / Foreign
5.4%
DII / Domestic
9.6%
Retail / others
50.4%
Promoter stake down 4.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtTati Sai Teja · Director12.50 L · ₹5.8 cr4 Nov 25
SoldBalakrishna Tati · Promoters50.00 L · ₹67.3 cr9 Jul 25
SoldVishal Jethalia · Promoters37,238 · ₹45.6 L6 Dec 24
Bulk / block deals
short · NSE40015 Sep 26
short · NSE131 Aug 26
BoughtHRTI PRIVATE LIMITED · NSE9.22 L @ ₹184.9731 Aug 26
Stake changes
BoughtTati Sai Teja along with pac · promoter→ 35.01% · 8.00 L7 Jul 26
BoughtBandhan Mutual Fund→ 5.18% · 43.55 L12 Sep 25
BoughtMohit Rathi · promoter→ 2.38%11 Sep 25
Promoter pledges
ReleasedNuezen Finane Private Ltd50.00 L · 6.86% held31 Dec 25
PledgedNauzen Finance Pvt Ltd50.00 L · 3.77% held9 Jul 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 14 Aug 2026
See the official result
1
Re-Appointment of Mr. Sanjiban Brata Roy (DIN: 08607188) as an Independent Director of the company
Backed by 100% of shareholders other than promotersneeded 75%
59.33 L votes for, 9,347 against · 0% of mutual funds and other big investors said no
2
Re-Appointment of Mr. Ajay Poonia (DIN: 07566017) as an Independent Director of the company.
Backed by 100% of shareholders other than promotersneeded 75%
59.33 L votes for, 9,498 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 10 named members
owning 34.6% between them · as of 2026-06-30
BALAKRISHNA TATI13.57%
CHIN CORP HOLDING PTE LIMITED13.28%
VISHAL JETHALIA2.27%
MOHIT RATHI2.12%
PADMA TATI1.25%
TATI SAI TEJA1.12%
TATI SRUTI0.50%
VALBE FOODS (INDIA) LIMITED0.42%
Business done with them
FY2025 · 1 of the group
The company paid ₹1 cr to companies in the promoter group last year — about 0.3% of its ₹309 cr revenue.
TATI BALAKRISHNA
Other payments to them · Remuneration
also owns 13.57% of the company
₹1 cr
company paid

The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹184 cr raised in Sep 2025 by selling shares to selected investors

As of Jun 2026, the company says it has spent 100% of what it set aside. Infomerics Valuation and Rating Limited watches the spending on the exchange’s behalf.

To make investments in the Company's wholly owned subsidiary (WOS) for capital expenditure i.e., to make improvisation to existing plant and machineries as well as Purchase and Installation of New Plant & Machinery, etc.
100%
₹96 cr of ₹96 cr
To meet working capital requirements for on-going and future projects for the company and wholly owned subsidiary (WOS)
100%
₹32 cr of ₹32 cr
To meet expenses related to the Issue
100%
₹11 cr of ₹11 cr
For general corporate purposes of the Company
100%
₹46 cr of ₹46 cr
Spent by quarter: 72%91%100% (to Jun 2026) · 1 earlier quarter is left out because the company restated its figures
₹4 cr raised in Nov 2025 by selling shares to selected investors

As of Dec 2025, the company says it has spent 100% of what it set aside.

To meet working capital requirements for on going and future projects
100%
₹4 cr of ₹4 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.