Elitecon International Share Price Target 2025, 2026, 2030, 2040, 2050
Elitecon International is an Indian company that makes and sells different types of tobacco products in India and other countries. These include cigarettes, smoking mixtures, hookah tobacco, chewing tobacco, pouch khaini, zarda, flavoured tobacco, and moist snuff. The company does business in India and also sells its products in the UAE, Singapore, Hong Kong, and the UK. It was started with a different name and later became Elitecon International.
- 1 What is Elitecon International Ltd. NSE: ELITECON?
- 2 Share Price Target Tomorrow
- 3 Elitecon International share price Target 2025
- 4 Elitecon International Share Price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Elitecon International share price Target 2030
- 9 Share price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Elitecon International stock?
- 12 Elitecon International earnings results
- 13 Is Elitecon International stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Elitecon International Ltd. NSE: ELITECON?
Elitecon International is an Indian company started in 1987 and is led by its Managing Director, Vipin Sharma. The company mainly makes and sells tobacco products like cigarettes, hookah items, khaini, zarda, and snus. Its main office is in East Delhi, and it has factories in Maharashtra. It sells its products in India and other countries like the UAE, UK, Singapore, and some parts of Europe. In the past, the company was also involved in real estate and IT, but now it mainly focuses on tobacco products. Its stock is doing well, with about 60% owned by the company’s founders and around 38% by foreign investors, showing that many people are interested and confident in the company.
Recently, the stock has reached its all-time high price. But it could not sustain there and fell a bit. Well, it has not fallen much from its all-time high price; the all-time high price point acts as resistance, and if it breaks, then you could plan for buying the stock.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -31 | +88 |
The company makes and sells cigarettes, smoking mixtures, sheesha, and other tobacco-related products in India and other countries. It currently does business in the UAE, Singapore, Hong Kong, and some European countries like the UK. In the future, it also plans to sell more products like chewing tobacco, snuff, match lights, matchboxes, pipes, and similar items. It plans to grow its factory soon. Right now, about 100 people work at the company, but it plans to hire more employees by the end of the year. In 2025, its share price target would be ₹1112, as per our analysis.
By our prediction, its share price would be between ₹103 to ₹1112 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 103 | 1112 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 103 | 153 |
February | 156 | 222 |
March | 227 | 323 |
April | 329 | 402 |
May | 322 | 447 |
June | 400 | 650 |
July | 535 | 790 |
August | 625 | 855 |
September | 700 | 900 |
October | 790 | 980 |
November | 887 | 1045 |
December | 986 | 1112 |
It has built a modern and well-organised factory with the latest machines that help make the production process fast and smooth. These machines are checked and updated often to make sure they work properly. The company also has a big warehouse where it stores a large number of products. The way tobacco products are made is carefully planned by skilled experts to get the right mix of flavours and types. Its research team is always working on new ideas to create products that match current trends and international tastes. In 2026, its share price target would be ₹, as per our prediction.
Its share price would be between ₹986 to ₹ in 2026, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 986 | 1990 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 986 | 1214 |
February | 1057 | 1284 |
March | 1121 | 1374 |
April | 1158 | 1400 |
May | 1235 | 1425 |
June | 1258 | 1452 |
July | 1317 | 1520 |
August | 1358 | 1600 |
September | 1424 | 1674 |
October | 1574 | 1752 |
November | 1658 | 1855 |
December | 1794 | 1990 |
The company is known for providing a special range of popular products. It is one of the top brands for chewing tobacco and smoking mixtures. It makes many kinds of tobacco products for local and international customers, including smoking mixtures, cigarettes, pouch khaini, zarda, flavoured moleskine tobacco, yummy filter khaini, and moist snuff called snus. The company’s research team is always working on new products to match modern and global tastes, and they can make any kind of tobacco product based on what customers need. In 2027, its share price target would be ₹2861, as per our analysis.
By our prediction, its share price would be between ₹1794 to ₹2861 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 1794 | 2861 |
The company also sells flavoured moist snuff and other chewing tobacco products under these brand names. The company has built a wide range of products. This range includes both expensive items for premium customers and cheaper options for regular buyers. This wide choice of products has helped the company to reach more customers and grow its business. In 2028, its share price target would be ₹3736, as per our prediction.
Its share price would be between ₹2685 to ₹3736 in 2028, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 2685 | 3736 |
Its recent financial results show that the company is doing well and growing. Its sales and profits have gone up in the past few months. The company has recovered from earlier losses and is now making good profits, due to better ways of working and strong demand for its products. This success shows that its new business plan is working, the company is running better, and more people are choosing its products in India and other countries. In 2029, its share price target would be ₹4641, as per our analysis.
By our prediction, its share price would be between ₹3584 to ₹4641 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 3584 | 4641 |
The company has started a new company in Singapore. This company helps manage business in Southeast Asia and the Middle East. This step is part of the company’s plan to grow in other parts of the world. The company is led by Managing Director Mr. Vipin Sharma, along with a team that includes a Chief Financial Officer and independent directors. In 2030, its share price target would be ₹5563, as per our prediction.
Its share price would be between ₹4577 to ₹5563 in 2030, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 4577 | 5563 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 4577 | 4710 |
February | 4680 | 4798 |
March | 4735 | 4823 |
April | 4758 | 4851 |
May | 4790 | 4800 |
June | 4825 | 4890 |
July | 4868 | 4978 |
August | 4901 | 5045 |
September | 4957 | 5125 |
October | 5084 | 5284 |
November | 5185 | 5390 |
December | 5325 | 5563 |
The company has started a new company in Singapore. This company helps manage business in Southeast Asia and the Middle East. This step is part of the company’s plan to grow in other parts of the world. The company is led by Managing Director Mr. Vipin Sharma, along with a team that includes a Chief Financial Officer and independent directors. In 2040, its share price target would be ₹13519, as per our prediction.
Its share price would be between ₹12311 to ₹13519 in 2040, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 12311 | 13519 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 12311 | 12485 |
February | 12388 | 12590 |
March | 12458 | 12655 |
April | 12570 | 12684 |
May | 12623 | 12700 |
June | 12658 | 12754 |
July | 12700 | 12812 |
August | 12785 | 12925 |
September | 12894 | 13158 |
October | 12987 | 13288 |
November | 13114 | 13425 |
December | 13382 | 13519 |
In the future, the company plans to grow its tobacco business by making more products, adding new ones like matchsticks and hookah parts, and improving quality through research. With support from its office in Singapore, the company wants to expand more in Asia and the Middle East, mixing its strong tobacco background with modern branding and international sales. In 2050, its share price target would be ₹20902, as per our analysis.
By our prediction, its share price would be between ₹19486 to ₹20902 in 2050.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 19486 | 20902 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 19486 | 19658 |
February | 19564 | 19758 |
March | 19689 | 19887 |
April | 19752 | 19982 |
May | 19854 | 20010 |
June | 19890 | 20110 |
July | 19978 | 20257 |
August | 20041 | 20354 |
September | 20289 | 20500 |
October | 20424 | 20657 |
November | 20585 | 20788 |
December | 20678 | 20902 |
Should I buy Elitecon International stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 103 | 1112 |
2026 | 986 | 1990 |
2027 | 1794 | 2861 |
2028 | 2685 | 3736 |
2029 | 3584 | 4641 |
2030 | 4577 | 5563 |
2040 | 12311 | 13519 |
2050 | 19486 | 20902 |
Its sales and profits have increased a lot, and many foreign investors are interested in it. The company has modern factories and plans to make more products and grow bigger. This means the company has a good chance to do well in the future. Because it sells tobacco, new government rules could cause problems. So, even though it looks like a good opportunity, you should be careful and think about the risks before buying the stock.
Elitecon International earnings results
Mar 2015 | Mar 2016 | Mar 2025 | |
Sales + | 1 | 1 | 549 |
Expenses + | 1 | 1 | 480 |
Operating Profit | 0 | 0 | 69 |
OPM % | 2% | 4% | 13% |
Other Income + | -0 | 0 | 3 |
Interest | 0 | 0 | 0 |
Depreciation | 0 | 0 | 2 |
Profit before tax | -0 | 0 | 70 |
Tax % | 40% | 50% | -0% |
Net Profit + | -0 | 0 | 70 |
EPS in Rs | 0.28 | 4.36 | |
Dividend Payout % | 0% | 0% | 0% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
155.25 | -126.04 | — | 36.18 | 9.23 | 1.72% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Elitecon International Ltd | 125.60 | -126.04 | — |
ITC Ltd | 14.98 | 6.95 | 3.64% |
Godfrey Phillips India Ltd | 39.55 | 10.00 | 0.74% |
VST Industries Ltd | 16.54 | 3.83 | 3.54% |
Is Elitecon International stock good to buy? (bull case & bear case)

Bull Case:
- The company’s sales went up by 232% and profit grew by 222% in the last quarter.
- The stock price has jumped by over 4,300% in one year.
- Foreign investors increased their holdings from 15.5% to 38.3%, showing strong trust.
- The company has a global reach.
- The company has little or no debt now, which is a good sign.
- The company is almost debt-free.
Bear Case:
- The stock is very expensive compared to its earnings.
- It has negative equity and owes more than it owns in the short term.
- As it’s a tobacco company, new government rules could hurt business.
Conclusion
The comapny is a growing Indian company that makes and sells tobacco products in India and other countries. Its sales and profits have gone up a lot, and many foreign investors are showing interest. The company is also expanding into places like Singapore and the Middle East. It has modern factories, plans to make more products, and wants to hire more people. This shows good chances for future growth.