At a glance:Integrated Industries Ltd (BSE: 531889) — a company that once made printed circuit boards — is nowbakingserious numbers. From zero revenue in FY22 to ₹766 crore in FY25, it’s not just pivoting… it’s pirouetting. With a 411% 3-year stock return and a biscuit brand portfolio (Richlite, Funtreat, Canberra) no one’s heard of — this is either genius or witchcraft.
🏢 About the Company
- Incorporated:1995
- Old Business:Printed Circuit Boards (R.I.P)
- Current Business:Processed Foods — mainlybiscuits, cookies, and other edible capitalist temptations
- Subsidiary:Nurture Well Food Pvt Ltd (NWFPL), fully owned
- Plant:Neemrana, Rajasthan; Capacity: 3,400 MTPA
- Brands:Richlite, Funtreat, Canberra — sound like rejected soap opera titles but
- they’re edible
đź‘Ą Key Managerial People (KMP)
- Promoter Holding:Down from 75% to 53.81% over 3 years đź«Ł
- Management’s Focus:Scaling food operations, new biscuit plant in Sikandrabad byOct 2026
đź“Š 5-Year Financial Performance
| Year | Revenue (â‚ą Cr) | Net Profit (â‚ą Cr) | OPM (%) | Equity Capital (â‚ą Cr) | ROCE (%) |
|---|---|---|---|---|---|
| FY21 | 0 | – | – | – | – |
| FY22 | 5 | 1 | 97% | 5 | – |
| FY23 | 331 | 25 | 9% | 10 | 36% |
| FY24 | 766 | 67 | 9% | 23 | 30% |
| FY25 | 766 (TTM) | 67 (TTM) | 9% | 23 | 30% |
Yes, that’s a131% CAGRin revenue. They went from “no biscuits, only dreams” to 3x Britannia’s growth rate.
🧮 Forward Fair Value (FV) Estimate (EduInvesting Style™)
Let’s beaggressively optimisticfor fun.
- FY25 Net Profit: â‚ą67 Cr
- EPS (TTM): â‚ą2.43
To Read Full 16 Point ArticleBecome a member