Vintage Coffee & Beverages Ltd

Vintage Coffee & Beverages Ltd

₹ 150 7.46%
26 May - close price
About

Incorporated in 1980, Vintage Coffee and Beverages Ltd manufactures and exports instant coffee and chicory[1]

Key Points

Business Overview:[1][2][3]
VCBL is a holding company of Vintage Coffee Private Ltd and Delecto Food Pvt Ltd. It manufactures and exports Instant Coffee, Instant Chicory, and other beverages, with a foothold in private labeling. Company sells under the brand Neocafe and Vintage

  • Market Cap 2,182 Cr.
  • Current Price 150
  • High / Low 180 / 112
  • Stock P/E 30.2
  • Book Value 39.1
  • Dividend Yield 0.07 %
  • ROCE 18.2 %
  • ROE 16.6 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 192 days to 147 days

Cons

  • Stock is trading at 3.83 times its book value
  • Promoter holding is low: 34.6%
  • Promoters have pledged 26.0% of their holding.
  • Promoter holding has decreased over last 3 years: -35.2%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
19 21 30 38 42 44 72 88 105 102 136 151 165
14 15 24 31 35 36 62 72 86 84 113 122 135
Operating Profit 4 5 6 7 7 8 10 16 19 18 22 29 31
OPM % 22% 26% 19% 18% 17% 18% 14% 18% 18% 18% 16% 19% 18%
0 0 0 0 1 0 2 1 1 1 1 2 4
Interest 1 2 2 1 2 1 2 1 2 2 2 2 3
Depreciation 1 1 1 1 1 2 2 2 2 2 2 3 3
Profit before tax 2 2 3 4 5 5 8 14 17 16 20 25 28
Tax % 14% 16% 17% 15% 11% 9% 9% 9% 9% 8% 10% 24% 26%
1 2 2 4 4 5 8 12 16 14 18 19 21
EPS in Rs 0.13 0.16 0.23 0.34 0.41 0.37 0.61 1.01 1.24 1.09 1.23 1.31 1.44
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
37 63 131 309 553
41 48 106 256 453
Operating Profit -4 15 25 53 100
OPM % -12% 24% 19% 17% 18%
1 0 1 4 8
Interest 4 6 7 6 9
Depreciation 3 5 5 7 9
Profit before tax -12 5 14 44 89
Tax % 5% 19% 14% 9% 19%
-12 4 12 40 72
EPS in Rs -1.17 0.37 1.14 3.19 4.96
Dividend Payout % 0% 9% 4% 0% 3%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 106%
TTM: 79%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 165%
TTM: 80%
Stock Price CAGR
10 Years: %
5 Years: 32%
3 Years: 92%
1 Year: 33%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 15%
Last Year: 17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 70 70 105 126 146
Reserves 35 39 62 177 424
110 102 97 82 124
32 35 25 25 32
Total Liabilities 246 246 288 409 725
157 152 149 151 302
CWIP 0 0 0 0 0
Investments 0 0 0 0 0
89 94 139 258 423
Total Assets 246 246 288 409 725

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-27 11 -36 -23 15
-157 -1 -4 -46 -128
186 -11 43 189 193
Net Cash Flow 2 -1 3 121 79
Free Cash Flow -184 11 -37 -30 -142
CFO/OP 606% 73% -142% -43% 32%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 124 70 60 93 88
Inventory Days 924 676 318 125 94
Days Payable 127 138 9 12 3
Cash Conversion Cycle 921 608 370 206 178
Working Capital Days 234 157 241 187 147
ROCE % 5% 9% 15% 18%

Insights

In beta
Mar 2018 Mar 2023 Mar 2024 Dec 2025
Installed Packaging Capacity
MTPA

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Installed Production Capacity - Instant Chicory
MTPA
Installed Production Capacity - Instant Coffee (Spray Dried & Agglomerated)
MTPA
Capacity Utilization - Instant Chicory
%
Capacity Utilization - Instant Coffee
%
Capacity Utilization - Packaging
%
Product Mix - Bulk Coffee
%
Product Mix - Consumer Packs
%
Production Volume - Instant Chicory
MT
Production Volume - Instant Coffee
MT
Production Volume - Packaging
MT

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
69.91% 46.61% 47.61% 47.61% 40.57% 40.57% 40.06% 39.17% 38.68% 34.08% 34.65% 34.65%
0.00% 0.00% 0.00% 0.00% 2.30% 2.25% 3.42% 3.36% 3.88% 5.28% 4.38% 4.84%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.37% 1.86% 2.55% 6.26% 6.27% 7.62%
30.10% 53.40% 52.39% 52.38% 57.14% 57.20% 55.14% 55.62% 54.90% 54.38% 54.71% 52.90%
No. of Shareholders 8,3008,0187,9838,7049,36614,53918,22919,36221,35930,68338,09036,411

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Concalls