Elitecon International charts ₹20,000 cr FMCG revenue goal by FY2030, backed by ₹700 cr capex
The sub-₹50 small-cap is pivoting beyond tobacco exports into packaged foods, edible oils and household essentials, anchored by a 40,000+ sq ft Nashik facility. Plans span 10 consumer brands, 150+ SKUs and ambitions of 5,00,000+ retail outlets via 5,000 distribution partners. Shares retraced after a 9% jump.
Elitecon International outlined an FMCG roadmap targeting ~₹20,000 crore revenue by FY2030 via packaged foods, edible oils and household essentials, backed by a Nashik facility, ₹700 crore capex and a 5,00,000+ outlet distribution ambition alongside its tobacco export business.