Vintage Coffee And Beverages Limited (VINCOFE)
₹177.13 -0.63% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Vintage Coffee's revenue was ₹161 Cr (+58.5% year on year, -2.4% on the previous quarter), and net profit ₹20.8 Cr (+46.1% year on year); the operating margin was 19.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹161 | +58.5% | -2.4% |
| Operating profit | ₹31.6 | +75.2% | +1.9% |
| Net profit | ₹20.8 | +46.1% | -1.0% |
| EPS (₹) | 1.43 | +31.2% | -0.7% |
| Operating margin | 19.6% | — | — |
VINCOFE delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 53.49% of the VINCOFE shares traded on NSE were taken to delivery, against the stock's own 20-session average of 42.64%. Delivery was unusually high while the price barely moved (-0.63%). Volume was 0.4 times its average, well below normal.
Delivery in the last 5 sessions: 47.6% · 46.5% · 50.0% · 52.8% · 53.5%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Vintage Coffee And Beverages Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The report, issued by Registrar and Share Transfer Agent Purva Sharegistry (India) Pvt. Ltd., covers the quarter from July 1, 2026, to September 30, 2026. The filing confirms that nil share certificates were received for dematerialisation during this period. This is an administrative compliance submission with no operational impact.
- Compliance certificate submitted under Regulation 74(5) for the quarter ended September 30, 2026
- Nil share certificates dematerialised between July 1, 2026, and September 30, 2026
- Certificate issued by Registrar and Share Transfer Agent Purva Sharegistry (India) Pvt. Ltd. dated October 1, 2026
Vintage Coffee and Beverages Limited has informed the exchanges that representatives of prospective investor Ashika AIF will visit its registered office on September 19, 2026, at 11:00 a.m. IST. The objective of the meeting is to discuss the company's industry outlook, business strategy, and operations. The company stated that no unpublished price sensitive information (UPSI) will be discussed during the interaction.
- Meeting scheduled with prospective investor Ashika AIF on September 19, 2026
- Interaction to take place physically at the company's registered office at 11:00 a.m.
- Company confirmed that no unpublished price sensitive information (UPSI) will be shared
- Filing made in compliance with Regulation 30 of SEBI LODR Regulations, 2015
Vintage Coffee And Beverages Limited announced that Burman Capital Management Pvt Ltd, noted as a prospective investor, will visit its manufacturing facility on September 16, 2026. The plant visit will take place at Rachur Village, Nagarkurnool District, Telangana, to provide an overview of operations. The company stated that no unpublished price sensitive information (UPSI) will be shared. Vintage Coffee currently holds a market cap of ₹2,629 Cr with TTM revenue of ₹613 Cr.
- Plant visit scheduled for September 16, 2026
- Prospective investor visiting: Burman Capital Management Pvt Ltd
- Location: Rachur Village, Veldanda Mandal, Nagrkurnool District, Telangana
- Filing confirms no unpublished price sensitive information (UPSI) will be discussed
Vintage Coffee and Beverages Limited has issued the notice for its 46th Annual General Meeting to be held on September 30, 2026. Key agenda items include approving a final dividend of Re 0.15 per share (1.5% on face value of Rs 10) for FY26 and appointing Sreedar Mohan & Associates as statutory auditors for a two-year tenure at Rs 8 lakh per annum. The company has also proposed significant managerial remuneration hikes for CMD Balakrishna Tati (Rs 30 lakh/month plus 3.5% commission on net profits) and WTD Sai Teja Tati (Rs 10 lakh/month plus 1% net profit commission), alongside a preferential issue of convertible warrants to promoters (issue size below Rs 100 crore).
- 46th AGM scheduled for September 30, 2026 via VC/OAVM; remote e-voting runs from September 26 to September 29, 2026.
- Proposed final dividend of Re 0.15 per equity share of Rs 10 face value (1.5%) for FY26.
- Revision in remuneration for CMD Balakrishna Tati to Rs 30 lakh per month plus 3.5% commission on net profits, effective October 1, 2026.
- Revision in remuneration for Whole-time Director Sai Teja Tati to Rs 10 lakh per month plus 1% commission on net profits, effective October 1, 2026.
- Special resolution proposed for preferential allotment of convertible warrants to promoters (issue size under Rs 100 crore).
Vintage Coffee and Beverages Limited announced that its board approved the issuance of up to 42,00,000 convertible warrants at Rs 164 each to the promoter group, raising approximately Rs 68.88 crore. Upon full conversion within 18 months, promoter holding will increase from 34.65% to 36.49%. The board also approved the VCBL ESOS 2026 for up to 30,00,000 options and revised remuneration packages for the MD and Whole-time Director, all subject to shareholder approval at the AGM on September 30, 2026.
- Proposed preferential issue of 42,00,000 convertible warrants at Rs 164 per share (including Rs 154 premium) to raise ~Rs 68.88 crore
- Promoter shareholding to increase to 36.49% from 34.65% upon full warrant conversion
- VCBL ESOS 2026 introduced with up to 30,00,000 equity stock options for eligible employees
- MD Balakrishna Tati re-appointed for 5 years w.e.f. July 16, 2027, with revised pay of Rs 30 lakh/month plus 3.5% net profit commission
- 46th Annual General Meeting scheduled for September 30, 2026, with book closure set from September 24 to September 30, 2026
Vintage Coffee and Beverages Limited's board approved the issuance of up to 42,00,000 convertible warrants at ₹164 per warrant to promoters and promoter group entities, raising approximately ₹68.88 crore. Upon full conversion within 18 months, promoter holding will increase from 34.65% to 36.49%. The board also approved the appointment of M/s. Sreedar Mohan & Associates as statutory auditors for a 2-year term, an ESOP scheme covering up to 30,00,000 options, and substantial hikes in promoter-director remuneration, all subject to shareholder approval at the AGM on September 30, 2026.
- Board approved issuance of 42,00,000 convertible warrants at ₹164 each to raise ~₹68.88 crore from promoter group
- Promoter shareholding projected to rise from 34.65% to 36.49% upon full warrant conversion
- Appointment of M/s. Sreedar Mohan & Associates as Statutory Auditors for a 2-year term from 46th AGM to 48th AGM
- Proposed creation of VCBL ESOS 2026 scheme with up to 30,00,000 employee stock options
- CMD Balakrishna Tati's remuneration increased to ₹30 lakh/month plus 3.5% commission on net profits, with 5-year re-appointment from July 16, 2027
Vintage Coffee And Beverages Limited has fixed September 23, 2026, as the record date to determine shareholder eligibility for its final dividend for FY26. The final dividend remains subject to shareholder approval at the upcoming Annual General Meeting scheduled for September 30, 2026. Upon AGM approval, the dividend will be disbursed within the statutory timeline. The exact per-share dividend payout amount was not specified in this filing.
- Record date / cut-off date fixed as Wednesday, September 23, 2026
- Annual General Meeting (AGM) scheduled for September 30, 2026
- Applicable for the final dividend for the financial year 2025-26
- Board of Directors meeting approving the date held on September 4, 2026
The Board of Vintage Coffee and Beverages approved the issuance of up to 42,00,000 convertible warrants at Rs 164 per warrant (aggregating ~Rs 68.88 Cr) to the promoter group on a preferential basis. Following the conversion of these warrants, promoter shareholding will rise from 34.65% to 36.49%. The board also approved the formulation of 'VCBL ESOS 2026' for up to 30,00,000 equity shares and approved increases in remuneration for top promoters/directors, subject to shareholder approval at the AGM on September 30, 2026.
- Approved issue of up to 42,00,000 convertible warrants at Rs 164 per warrant (Rs 10 face value + Rs 154 premium) to promoters, raising up to Rs 68.88 Cr.
- Promoter holding projected to increase from 34.65% to 36.49% post warrant conversion.
- Approved 'VCBL ESOS 2026' granting up to 30,00,000 stock options to eligible employees.
- Proposed remuneration increase for CMD Balakrishna Tati to Rs 30 lakh/month plus 3.5% net profit commission, and WTD Sai Teja Tati to Rs 10 lakh/month plus 1% commission.
- 46th AGM scheduled for September 30, 2026, with book closure from September 24 to September 30, 2026.
Vintage Coffee and Beverages Limited (VCBL) has announced the launch of a new product segment: Roasted & Ground (R&G) Coffee. To support this entry, the company has installed a modern roaster targeting premium in-home consumption and global cafe chains, particularly across the United States and Europe. VCBL cited third-party research projecting the global R&G market to grow from USD 101.75 billion in 2026 to USD 159.46 billion by 2035 at a 5.12% CAGR. The launch complements VCBL's ongoing premiumisation strategy alongside its freeze-dried coffee (FDC) operations.
- Entered the Roasted & Ground (R&G) coffee segment with the installation of a modern roaster.
- Targeting premium export markets, with an explicit focus on the US and Europe.
- Cites global R&G market size of USD 101.75 billion in 2026, projected to reach USD 159.46 billion by 2035 at a 5.12% CAGR.
- Part of a broader premiumisation strategy alongside freeze-dried coffee (FDC) to improve realizations.
Vintage Coffee And Beverages Limited has submitted the Scrutinizer's Report for its 1st Extra-Ordinary General Meeting (EGM) of FY 2026-27 held on August 14, 2026, at 1:30 PM IST. The meeting was conducted through Video Conference / Other Audio-Visual Means in compliance with Section 108 of the Companies Act, 2013. The filing is a standard post-meeting administrative disclosure confirming shareholder voting proceedings.
- 1st Extra-Ordinary General Meeting of FY 2026-27 held on Friday, August 14, 2026 at 1:30 PM IST
- Scrutinizer's Report submitted under Section 108 of the Companies Act, 2013 and Rule 20(4)(xii)
- Meeting conducted virtually via Video Conference (VC) / Other Audio-Visual Means (OAVM)
Vintage Coffee And Beverages Limited concluded its 1st Extra-Ordinary General Meeting (EGM) for FY 2026-27 on August 14, 2026. Shareholders approved special resolutions for the re-appointment of two Independent Directors, Mr. Sanjiban Brata Roy and Mr. Ajay Poonia, with over 99.98% votes cast in favor for each resolution. Voter turnout represented 38.31% of the total equity base (5.58 crore votes polled out of 14.57 crore shares). The outcome maintains board continuity and compliance.
- Re-appointment of Independent Director Mr. Sanjiban Brata Roy approved with 99.9833% votes in favor
- Re-appointment of Independent Director Mr. Ajay Poonia approved with 99.9830% votes in favor
- 55,810,482 total votes polled representing 38.31% of total 145,688,409 outstanding shares
- Promoter group polled 49,867,817 votes (98.79% participation of promoter holding), all 100% in favor
VINCOFE reported a strong Q1 FY27 with revenue growing 58.4% YoY to ₹161 cr, driven by the full operationalization of its expanded 11,000 MT capacity. EBITDA rose 75.2% YoY to ₹31.6 cr, while PAT increased 46.1% to ₹20.8 cr despite the quarter being a seasonally lean period. The company is progressing on a further 5,500 MT freeze-dried coffee expansion, which will take total capacity to 16,500 MT. Additionally, the NCLT has approved the merger of two subsidiaries to streamline operations and reduce costs.
- Revenue grew 58.4% YoY to ₹161 cr in Q1 FY27 compared to ₹101.6 cr in Q1 FY26
- Total installed capacity increased 69% to 11,000 MT following the 4,500 MT expansion at the end of FY26
- New capacity utilization reached 90-95% within the first quarter of operations
- Planned 5,500 MT freeze-dried coffee expansion will increase total capacity to 16,500 MT
- EBITDA increased 75.2% YoY to ₹31.6 cr, reflecting improved operating leverage
Vintage Coffee and Beverages Limited (VINCOFE) has received the certified true copy of the NCLT Hyderabad order dated July 21, 2026, approving the merger of its two wholly-owned subsidiaries. The subsidiaries, Vintage Coffee Private Limited and Delecto Foods Private Limited, will be merged into the parent company. This is an internal restructuring as both entities are already 100% owned by VINCOFE. The company received the formal order on August 3, 2026, marking a final legal step in the consolidation process.
- NCLT Hyderabad issued the merger approval order on July 21, 2026
- Company received the certified true copy of the order on August 3, 2026
- Two 100% wholly-owned subsidiaries are being merged into the parent entity
- Consolidation involves Vintage Coffee Private Limited and Delecto Foods Private Limited
Vintage Coffee and Beverages Limited (VINCOFE) has released the audio recording of its earnings call held on August 3, 2026, for the quarter ended June 30, 2026. The company is coming off a strong FY26 where revenue reached ₹553.6 Cr, a significant jump from ₹308.4 Cr in FY25. Management's commentary likely covers the progress of the 4,500 MT brownfield expansion and the roadmap to 20,000 MT by FY29. This filing is a standard regulatory requirement following the earnings announcement to provide transparency to retail investors.
- Earnings call conducted on August 3, 2026, for the June 2026 quarter
- TTM Revenue stands at ₹554 Cr with an Operating Profit Margin of 18.1%
- Company is executing a 4,500 MT brownfield expansion in the spray and agglo segment
- Targeting a total production capacity of 20,000 MT within the next 3-4 years (by FY29)
Vintage Coffee and Beverages Limited has scheduled its Q1 FY27 earnings conference call for August 3, 2026, at 11:30 AM. The management team, including the CMD and CFO, will discuss the company's operational and financial performance for the quarter ended June 30, 2026. This follows a strong FY26 where the company reported revenue of Rs 553.6 Cr and a PAT of Rs 72.2 Cr. Investors will likely seek updates on the 4,500 MT brownfield expansion and the long-term roadmap to reach 20,000 MT capacity.
- Conference call scheduled for August 03, 2026, at 11:30 a.m. IST.
- Discussion will cover un-audited financial results for the quarter ended June 30, 2026.
- Management participants include CMD Mr. Tati Balakrishna and CFO Mr. Yarkali Kranthi Kumar.
- Company reported a TTM revenue of Rs 554 Cr and TTM PAT of Rs 72 Cr as of the latest context.
Financial Performance
Revenue Growth by Segment
Standalone revenue grew 135.4% from INR 131.04 Cr in FY 2023-24 to INR 308.52 Cr in FY 2024-25. Consolidated revenue for Q2 FY26 reached INR 105.14 Cr, representing a 154% YoY increase compared to Q2 FY25.
Geographic Revenue Split
Not disclosed in available documents, though the company mentions selling locally in India and monitoring global green coffee production.
Profitability Margins
Net Profit Ratio improved from 4.44% in FY 2023-24 to 5.23% in FY 2024-25. Consolidated Net Profit for Q2 FY26 was INR 17.83 Cr, up 143% YoY from Q2 FY25.
EBITDA Margin
EBITDA levels for the freeze-dried coffee segment are estimated between 22% and 25%. Operating profit for Q2 FY26 was INR 21.38 Cr, a 142% YoY increase.
Capital Expenditure
The company is funding expansion through equity and debt, including a brownfield project to add 4,500 MT in the spray and agglo segment and a new freeze-dried coffee plant. Specific historical INR Cr values for CapEx were not disclosed.
Credit Rating & Borrowing
Monitoring Agency Report issued by Infomerics Valuation and Rating Ltd. Total debt stood at INR 10.07 Cr in FY 2024-25 with a Debt Service Coverage Ratio of 67.95.
Operational Drivers
Raw Materials
Green coffee beans represent the primary raw material; specific percentage of total cost not disclosed.
Import Sources
Sourced from global green coffee production markets to cover requirements at optimal prices.
Capacity Expansion
Currently adding 4,500 MT in the spray and agglo segment as a brownfield project. Planned expansion to reach a total production facility of 20,000 MT within the next 3 to 4 years (by FY28-FY29).
Raw Material Costs
Procurement strategy involves taking cognizance of global production to cover requirements at optimal prices. A cost-plus-profit model is used to mitigate the impact of raw material price volatility on the bottom line.
Manufacturing Efficiency
Capacity utilization is expected to be high, with visibility of good utilization by the second month of new plant operations.
Strategic Growth
Expected Growth Rate
154%
Growth Strategy
Growth will be driven by expanding production capacity to 20,000 MT, launching high-margin freeze-dried coffee products, and expanding the domestic footprint through e-commerce, quick commerce, and a master franchisee-led cafe model.
Products & Services
Instant coffee (Spray-dried, Agglomerated, and Freeze-dried), 100% Pure Instant Coffee, and coffee cafe services.
Brand Portfolio
Vintage Coffee
New Products/Services
Launched 100% Pure Instant Coffee in India; venturing into e-commerce and quick commerce platforms.
Market Expansion
Opening physical cafe outlets (e.g., Navi Mumbai) via master franchisees and signing an MoU with the Government of Telangana for future development.
Strategic Alliances
MoU signed with the Government of Telangana on December 9, 2025, at the Telangana Rising Global Summit.
External Factors
Industry Trends
The industry is seeing a shift toward premium freeze-dried coffee and increased domestic consumption in India. VINCOFE is positioning itself by increasing capacity and entering the B2C segment via e-commerce.
Competitive Landscape
Increasing competition as new players enter the market to cater to growing coffee demand.
Competitive Moat
Sustainable competitive advantage derived from a cost-plus pricing model that insulates the bottom line from bean price volatility and a brownfield expansion strategy that lowers incremental fixed costs.
Macro Economic Sensitivity
Sensitive to global economic conditions and political disturbances which may impact green coffee production and logistics.
Consumer Behavior
Shift toward in-home and out-of-home premium coffee consumption and rapid adoption of quick commerce for grocery purchases.
Geopolitical Risks
Global political disturbances are identified as potential threats to the budgetary targets and supply chain stability.
Regulatory & Governance
Industry Regulations
Compliance with the Companies Act, 2013 and internal financial control frameworks for automated ERP applications.
Risk Analysis
Key Uncertainties
Volatility in global green coffee prices could impact working capital by 10-20% depending on the magnitude of price shifts.
Third Party Dependencies
High dependency on top 5 customers who contribute 49% of total revenue.
Technology Obsolescence Risk
The company uses ERP and IT applications for financial reporting and internal controls to mitigate operational errors.
Credit & Counterparty Risk
Average Trade Receivables stood at INR 8.35 Cr in FY 2024-25, with a turnover ratio of 13.60 indicating moderate credit risk.
