Cash flow Elitecon International Limited

Equities

ELITECON

INE669R01026

Tobacco

Market Closed - Bombay S.E. Other stock markets 03:30:55 11/02/2026 pm IST			5-day change	1st Jan Change
78.72 ^INR	+4.82%		+17.37%	-21.12%

15/12	Elitecon International Wins Over $97 Million Tobacco Supply Contract	MT
15/12	Elitecon International awarded supply contract valued at $97.35 million	RE

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Published financial data: ELITECON INTERNATIONAL LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	90T	19Cr	58Cr	57Cr	548.76Cr
Total Revenues	90T	19Cr	58Cr	57Cr	548.76Cr
Cost of Goods Sold, Total	59.43T	15Cr	123.69Cr	44Cr	463.08Cr
Gross Profit	30.57T	4.07Cr	-66Cr	13Cr	86Cr
Selling General & Admin Expenses, Total	7L	62.36L	4.73Cr	2.73Cr	4.26Cr
Depreciation & Amortization - (IS)	-	89.35L	2.4Cr	2.21Cr	1.8Cr
Other Operating Expenses	6L	1.93Cr	5.36Cr	2.34Cr	12Cr
Other Operating Expenses, Total	13.02L	3.44Cr	12Cr	7.29Cr	18Cr
Operating Income	-12.71L	62.83L	-78Cr	5.97Cr	67Cr
Interest Expense, Total	-	-25.55L	-33.8L	-48.66L	-9L
Interest And Investment Income	9L	-	-	-	-
Net Interest Expenses	9L	-25.55L	-33.8L	-48.66L	-9L
Currency Exchange Gains (Loss)	-	5L	4L	-92.09L	1.74Cr
Other Non Operating Income (Expenses)	-	15.64L	29.66L	36T	71.28L
EBT, Excl. Unusual Items	-4L	58.19L	-78Cr	4.57Cr	70Cr
Gain (Loss) On Sale Of Assets	-	-	40T	3L	-
Other Unusual Items	-	-	-	5L	-
EBT, Incl. Unusual Items	-4L	58.19L	-78Cr	4.65Cr	70Cr
Income Tax Expense	-	14.78L	-3L	-13.09L	-8L
Earnings From Continuing Operations	-4L	43.41L	-78Cr	4.78Cr	70Cr
Net Income to Company	-4L	43.41L	-78Cr	4.78Cr	70Cr
Minority Interest	-	-	-	-	-1L
Net Income - (IS)	-4L	43.41L	-78Cr	4.78Cr	70Cr
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-4L	43.41L	-78Cr	4.78Cr	70Cr
Net Income to Common Excl. Extra Items	-4L	43.41L	-78Cr	4.78Cr	70Cr
Per Share Items
Net EPS - Basic	-0.04	0.38	-64.61	3.95	1.75
Basic EPS - Continuing Operations	-0.04	0.38	-64.61	3.95	1.75
Basic Weighted Average Shares Outstanding	1.06Cr	1.14Cr	1.21Cr	1.21Cr	40Cr
Net EPS - Diluted	-0.04	0.38	-64.61	3.95	1.75
Diluted EPS - Continuing Operations	-0.04	0.38	-64.61	3.95	1.75
Diluted Weighted Average Shares Outstanding	1.06Cr	1.14Cr	1.21Cr	1.21Cr	40Cr
Normalized Basic EPS	-0.02	0.32	-40.4	2.36	1.09
Normalized Diluted EPS	-0.02	0.32	-40.4	2.36	1.09
Supplemental Items
EBITDA	-	1.52Cr	-76Cr	7.88Cr	69Cr
EBITA	-12.71L	62.83L	-78Cr	5.97Cr	67Cr
EBIT	-12.71L	62.83L	-78Cr	5.97Cr	67Cr
EBITDAR	-	1.58Cr	-76Cr	8.18Cr	70Cr
Total Revenues (As Reported)	10L	20Cr	58Cr	57Cr	551.36Cr
Effective Tax Rate - (Ratio)	-	25.4	0.04	-2.82	-0.11
Total Current Taxes	-	13.41L	-	-	-
Total Deferred Taxes	-	1L	-3L	-13.09L	-8L
Normalized Net Income	-3L	36.37L	-49Cr	2.86Cr	43Cr
Interest on Long-Term Debt	-	5L	8L	3L	6L
Non-Cash Pension Expense	-	-	0	27T	8T
Supplemental Operating Expense Items
Advertising Expense	79.21T	3L	2L	2L	12.03L
Selling and Marketing Expenses	79.21T	3L	2L	2L	12.03L
Net Rental Expense, Total	1L	6L	33.7L	29.08L	85.72L
Imputed Operating Lease Interest Expense	-	79.32T	2L	1L	84.14T
Imputed Operating Lease Depreciation	-	5L	31.77L	28L	84.88L
Maintenance & Repair Expenses, Total	-	20.51L	32.95L	9L	30.51L

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2L	72.21L	19.92L	1.82Cr	2.67Cr
Short Term Investments	-	9L	41.73L	37.31L	5.77Cr
Total Cash And Short Term Investments	2L	80.97L	61.65L	2.2Cr	8.43Cr
Accounts Receivable, Total	-	61.6L	11Cr	16Cr	124.44Cr
Other Receivables	-	38Cr	9.97Cr	35Cr	42Cr
Notes Receivable	2.31Cr	-	-	-	-
Total Receivables	2.31Cr	39Cr	21Cr	50Cr	166.13Cr
Inventory	-	31Cr	31Cr	40Cr	42Cr
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	2L	8.89Cr	21Cr	21Cr	16Cr
Total Current Assets	2.35Cr	79Cr	74Cr	112.7Cr	232.06Cr
Gross Property Plant And Equipment	-	6.39Cr	16Cr	9.7Cr	23Cr
Accumulated Depreciation	-	-89.34L	-3.29Cr	-3.37Cr	-5.17Cr
Net Property Plant And Equipment	-	5.5Cr	12Cr	6.32Cr	18Cr
Long-term Investments	1.26Cr	-	-	-	-
Goodwill	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	76L
Deferred Tax Assets Long-Term	-	-	2L	13.94L	21.55L
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	3.6Cr	85Cr	86Cr	119.16Cr	250.94Cr
Liabilities
Accounts Payable, Total	1L	52Cr	53Cr	26Cr	76Cr
Accrued Expenses, Total	2L	10L	2.02Cr	13.18L	39.78L
Short-term Borrowings	-	-	-	-	1.56Cr
Current Portion of Long-Term Debt	-	-	-	-	15.98L
Current Portion of Leases	-	-	56.87L	19.9L	23.36L
Current Income Taxes Payable	-	13.41L	-	-	-
Unearned Revenue Current, Total	-	7L	39Cr	19Cr	2.78Cr
Other Current Liabilities	15.15L	23.16L	20.3L	22.83L	8.62Cr
Total Current Liabilities	17.94L	53Cr	95Cr	46Cr	90Cr
Long-Term Debt	33.06L	28Cr	65Cr	142.34Cr	43.97L
Long-Term Leases	-	45.97L	57.1L	50.6L	27.24L
Pension & Other Post Retirement Benefits	-	-	4L	1L	2L
Deferred Tax Liability Non Current	-	1L	-	-	-
Other Non Current Liabilities	-	-	-	-99T	-
Total Liabilities	51L	81Cr	160.45Cr	188.56Cr	91Cr
Common Stock, Total	1.06Cr	1.21Cr	1.21Cr	1.21Cr	159.85Cr
Additional Paid In Capital	1.96Cr	2.26Cr	2.26Cr	2.26Cr	2.26Cr
Retained Earnings	7L	50.88L	-78Cr	-73Cr	-3.25Cr
Comprehensive Income and Other	-	-	-	3L	1.37Cr
Total Common Equity	3.09Cr	3.98Cr	-74Cr	-69Cr	160.23Cr
Minority Interest	-	-	-	-	9L
Total Equity	3.09Cr	3.98Cr	-74Cr	-69Cr	160.32Cr
Total Liabilities And Equity	3.6Cr	85Cr	86Cr	119.16Cr	250.94Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.06Cr	1.21Cr	1.21Cr	1.21Cr	159.85Cr
ECS Total Common Shares Outstanding	1.06Cr	1.21Cr	1.21Cr	1.21Cr	159.85Cr
Book Value / Share	2.92	3.29	-61.32	-57.35	1
Tangible Book Value	3.09Cr	3.98Cr	-74Cr	-69Cr	160.23Cr
Tangible Book Value Per Share	2.92	3.29	-61.32	-57.35	1
Total Debt	33.06L	28Cr	66Cr	143.04Cr	2.67Cr
Net Debt	31.07L	27Cr	65Cr	140.85Cr	-5.77Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	4L	1L	2L
Debt Equivalent Oper. Leases	11.13L	44.32L	2.7Cr	2.33Cr	6.86Cr
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	9L
Account Code - Inventory Valuation	3	6	6	6	6
Inventories - Raw Materials, Total	-	22Cr	23Cr	32Cr	24Cr
Inventories - Finished Goods, Total	-	8.36Cr	7.87Cr	7.9Cr	17Cr
Machinery, Total	-	5.76Cr	14Cr	8.99Cr	14Cr
Full Time Employees	-	41	37	82	33

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-4L	43.41L	-78Cr	4.78Cr	70Cr
Depreciation & Amortization - CF	-	89.35L	2.4Cr	2.21Cr	1.8Cr
Depreciation & Amortization, Total	-	89.35L	2.4Cr	2.21Cr	1.8Cr
(Gain) Loss From Sale Of Asset	-	-	-40T	-3L	-
Other Operating Activities, Total	-	41.18L	11.33L	20.11L	41.22L
Change In Accounts Receivable	15.49L	-61.6L	-10Cr	-4.76Cr	-99Cr
Change In Inventories	59.43T	-31Cr	-59.06L	-8.28Cr	-60.56L
Change In Accounts Payable	-14.73L	52Cr	67.67L	-26Cr	43Cr
Change in Other Net Operating Assets	-29.97L	-47Cr	57Cr	-46Cr	-15Cr
Cash from Operations	-32.62L	-25Cr	-29Cr	-79Cr	-3L
Capital Expenditure	-	-5.76Cr	-8.12Cr	-32.29L	-4.93Cr
Sale of Property, Plant, and Equipment	-	-	7L	3.96Cr	-
Cash Acquisitions	-	-	-	-	-15Cr
Investment in Marketable and Equity Securities, Total	-	1.26Cr	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	2.31Cr	-	-	-
Other Investing Activities, Total	-	-	-	-	1T
Cash from Investing	-	-2.19Cr	-8.04Cr	3.64Cr	-20Cr
Long-Term Debt Issued, Total	33.06L	27Cr	37Cr	77Cr	-
Total Debt Issued	33.06L	27Cr	37Cr	77Cr	-
Long-Term Debt Repaid, Total	-	-22.12L	-47.9L	-34.32L	-74Cr
Total Debt Repaid	-	-22.12L	-47.9L	-34.32L	-74Cr
Issuance of Common Stock	-	45L	-	-	95Cr
Other Financing Activities, Total	-	-21.36L	-27.82L	-45.76L	-17.09L
Cash from Financing	33.06L	27Cr	36Cr	77Cr	21Cr
Net Change in Cash	44.12T	70.22L	-52.29L	1.62Cr	83.68L
Supplemental Items
Cash Interest Paid	-	21.36L	27.82L	45.75L	17.09L
Cash Income Tax Paid (Refund)	-	-	25.61L	11.41L	-23.61L
Levered Free Cash Flow	-36.56L	-28Cr	-7.95Cr	-81Cr	-32Cr
Unlevered Free Cash Flow	-36.56L	-28Cr	-7.74Cr	-80Cr	-32Cr
Change In Net Working Capital	28.61L	24Cr	-47Cr	86Cr	71Cr
Net Debt Issued / Repaid	33.06L	27Cr	37Cr	77Cr	-74Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-2.27	0.89	-57.16	3.63	22.7
Return on Total Capital	-2.42	2.2	-406.46	11.4	35.5
Return On Equity %	-1.29	12.27	222.66	-6.66	153.2
Return on Common Equity	-1.29	12.27	222.66	-6.66	153.34
Margin Analysis
Gross Profit Margin %	33.97	21.09	-113.4	23.33	15.61
SG&A Margin	809.26	3.23	8.16	4.81	0.78
EBITDA Margin %	-	7.88	-131.53	13.88	12.53
EBITA Margin %	-1.41T	3.25	-134.94	10.51	12.25
EBIT Margin %	-1.41T	3.25	-134.94	10.51	12.25
Income From Continuing Operations Margin %	-445.51	2.25	-134.88	8.41	12.69
Net Income Margin %	-445.51	2.25	-134.88	8.41	12.69
Net Avail. For Common Margin %	-445.51	2.25	-134.88	8.41	12.69
Normalized Net Income Margin	-278.44	1.88	-84.34	5.02	7.92
Levered Free Cash Flow Margin	-4.06T	-147.07	-13.72	-141.89	-5.81
Unlevered Free Cash Flow Margin	-4.06T	-146.24	-13.35	-141.36	-5.8
Asset Turnover
Asset Turnover	0	0.44	0.68	0.55	2.97
Fixed Assets Turnover	-	-	6.54	6.13	45.3
Receivables Turnover (Average Receivables)	-	-	10.09	4.29	7.83
Inventory Turnover (Average Inventory)	-	-	3.99	1.23	11.41
Short Term Liquidity
Current Ratio	13.09	1.51	0.78	2.47	2.58
Quick Ratio	0.11	0.75	0.23	1.15	1.94
Operating Cash Flow to Current Liabilities	-1.82	-0.47	-0.3	-1.72	-0
Days Sales Outstanding (Average Receivables)	-	-	36.18	85.38	46.59
Days Outstanding Inventory (Average Inventory)	-	-	91.52	297.8	31.98
Average Days Payable Outstanding	-	-	153.86	278.83	40.18
Cash Conversion Cycle (Average Days)	-	-	-26.17	104.34	38.38
Long Term Solvency
Total Debt/Equity	10.68	709.25	-89.02	-206.13	1.66
Total Debt / Total Capital	9.65	87.64	-811.11	194.23	1.64
LT Debt/Equity	10.68	709.25	-88.26	-205.84	0.44
Long-Term Debt / Total Capital	9.65	87.64	-804.12	193.96	0.44
Total Liabilities / Total Assets	14.15	95.31	186.04	158.24	36.11
EBIT / Interest Expense	-	2.46	-231.41	12.27	751.73
EBITDA / Interest Expense	-	5.96	-224.32	16.82	771.84
(EBITDA - Capex) / Interest Expense	-	-16.59	-248.33	16.16	716.71
Total Debt / EBITDA	-	18.54	-0.87	17.47	0.04
Net Debt / EBITDA	-	18.01	-0.86	17.21	-0.08
Total Debt / (EBITDA - Capex)	-	-6.66	-0.79	18.19	0.04
Net Debt / (EBITDA - Capex)	-	-6.47	-0.78	17.91	-0.09
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-95.42	2L	200.26	-1.97	865.72
Gross Profit, 1 Yr. Growth %	-8.66	1L	-1.71T	-120.17	546.22
EBITDA, 1 Yr. Growth %	-	-	-5.11T	-110.4	772.13
EBITA, 1 Yr. Growth %	-0.47	-594.34	-12.55T	-107.64	1.03T
EBIT, 1 Yr. Growth %	-0.47	-594.34	-12.55T	-107.64	1.03T
Earnings From Cont. Operations, 1 Yr. Growth %	334.16	-1.18T	-18.11T	-106.11	1.36T
Net Income, 1 Yr. Growth %	334.16	-1.18T	-18.11T	-106.11	1.36T
Normalized Net Income, 1 Yr. Growth %	334.16	-1.55T	-13.54T	-105.84	1.42T
Diluted EPS Before Extra, 1 Yr. Growth %	322.22	-1.1T	-17.15T	-106.11	-55.74
Accounts Receivable, 1 Yr. Growth %	-	-	1.67T	43.76	695.9
Inventory, 1 Yr. Growth %	-	-	1.92	26.43	5
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	122.29	-48.24	183.1
Total Assets, 1 Yr. Growth %	5.79	2.25T	1.71	38.17	110.59
Tangible Book Value, 1 Yr. Growth %	-1.28	28.57	-1.96T	-6.48	-330.89
Common Equity, 1 Yr. Growth %	-1.28	28.57	-1.96T	-6.48	-330.89
Cash From Operations, 1 Yr. Growth %	-224.14	-2L	17.64	172.28	-99.97
Capital Expenditures, 1 Yr. Growth %	-	-	40.94	-96.02	1.43T
Levered Free Cash Flow, 1 Yr. Growth %	-290.21	7.67T	-72	914.2	-60.45
Unlevered Free Cash Flow, 1 Yr. Growth %	-290.21	7.62T	-72.59	937.96	-60.37
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-74.44	891.07	7.93T	71.57	207.69
Gross Profit, 2 Yr. CAGR %	-25.33	3.39T	14.46T	80.47	14.17
EBITDA, 2 Yr. CAGR %	-	-	-	127.63	-4.76
EBITA, 2 Yr. CAGR %	11.7	121.81	2.38T	208.3	-7.31
EBIT, 2 Yr. CAGR %	11.7	121.81	2.38T	208.3	-7.31
Earnings From Cont. Operations, 2 Yr. CAGR %	70.6	585.6	4.32T	231.84	-5.61
Net Income, 2 Yr. CAGR %	70.6	585.6	4.32T	231.84	-5.62
Normalized Net Income, 2 Yr. CAGR %	46.75	693.77	4.32T	180.18	-5.7
Diluted EPS Before Extra, 2 Yr. CAGR %	70.99	548.93	4.02T	222.85	-83.55
Accounts Receivable, 2 Yr. CAGR %	-	99.43	-	403.81	238.26
Inventory, 2 Yr. CAGR %	-	7.09T	-	13.52	15.22
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	7.26	21.05
Total Assets, 2 Yr. CAGR %	4.56	398.87	389.14	18.54	70.58
Tangible Book Value, 2 Yr. CAGR %	-0.79	12.66	389.67	317.63	46.95
Common Equity, 2 Yr. CAGR %	-0.79	12.66	389.67	317.63	46.95
Cash From Operations, 2 Yr. CAGR %	2.03T	866.58	4.38T	78.97	-97.02
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-76.32	-22.09
Levered Free Cash Flow, 2 Yr. CAGR %	118.28	1.12T	366.34	68.52	100.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	118.28	1.11T	360.1	68.68	102.82
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-72.05	419.47	565.64	1.75T	205.19
Gross Profit, 3 Yr. CAGR %	-20.26	805.5	2.6T	1.52T	176.1
EBITDA, 3 Yr. CAGR %	-	-	-	-	256.18
EBITA, 3 Yr. CAGR %	5.76	83.39	749.24	260.85	374.69
EBIT, 3 Yr. CAGR %	5.76	83.39	749.24	260.85	374.69
Earnings From Cont. Operations, 3 Yr. CAGR %	78.69	215.85	1.94T	392.15	443.39
Net Income, 3 Yr. CAGR %	78.69	215.85	1.94T	392.15	443.36
Normalized Net Income, 3 Yr. CAGR %	61.1	214.99	1.94T	384.76	392.6
Diluted EPS Before Extra, 3 Yr. CAGR %	78.96	207.8	1.83T	370.21	66.47
Accounts Receivable, 3 Yr. CAGR %	-	-	312.56	-	486.77
Inventory, 3 Yr. CAGR %	-	-	1.64T	-	10.6
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	48.23
Total Assets, 3 Yr. CAGR %	3.81	195.17	193.61	220.94	43.57
Tangible Book Value, 3 Yr. CAGR %	-0.38	8.17	187.12	181.99	242.76
Common Equity, 3 Yr. CAGR %	-0.38	8.17	187.12	181.99	242.76
Cash From Operations, 3 Yr. CAGR %	-1.55	3.15T	379	1.66T	-89.85
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-5.07
Levered Free Cash Flow, 3 Yr. CAGR %	11.1	617.92	245.84	504.19	3.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	10.95	616.57	242.75	503.43	4.08
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-60.85	113.82	168.92	233.51	388.86
Gross Profit, 5 Yr. CAGR %	-58.45	224.69	541.93	375	661.44
EBITA, 5 Yr. CAGR %	22.44	34.55	273.6	125.74	250.14
EBIT, 5 Yr. CAGR %	22.44	34.55	273.6	125.74	250.14
Earnings From Cont. Operations, 5 Yr. CAGR %	6.83	55.19	544.55	222.15	496.34
Net Income, 5 Yr. CAGR %	6.83	55.19	544.55	222.15	496.32
Normalized Net Income, 5 Yr. CAGR %	-3.83	53.15	505.75	200.58	496.18
Diluted EPS Before Extra, 5 Yr. CAGR %	7.35	53.14	527.71	213.73	186.87
Accounts Receivable, 5 Yr. CAGR %	-	-10.12	-	-	281.06
Inventory, 5 Yr. CAGR %	-	-	-	-	487.41
Total Assets, 5 Yr. CAGR %	-2.89	84.93	92.98	104.92	136.28
Tangible Book Value, 5 Yr. CAGR %	0.15	4.96	88.35	85.68	119.64
Common Equity, 5 Yr. CAGR %	0.13	4.96	88.35	85.68	119.64
Cash From Operations, 5 Yr. CAGR %	24.8	129.95	142.85	918.33	-37.18
Levered Free Cash Flow, 5 Yr. CAGR %	-6.36	159.01	97.2	302.08	177.96
Unlevered Free Cash Flow, 5 Yr. CAGR %	-6.36	158.65	95.98	301.77	177.86