SPICE LOUNGE FOOD WORKS LIMITED

BSE: SPICELOUNG539895ISIN INE631E01024

Consumer Discretionary
Restaurants

Share price

₹16.92+0.80 (+4.96%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

13 Mar 2025 · Split 10:1 (₹10 → ₹1)

52W high: ₹72.20
52W low: ₹15.32
Off 52W high: -76.57%
1M return: -36.18%
3M return: -31.94%
6M return: -22.03%
1Y return: -69.36%
20D avg volume: 6,68,090
50 DMA: ₹26.96
200 DMA: ₹27.08

Key ratios Consolidated

Market cap: ₹1,180 Cr
Current price: ₹16.92
52W high / low: ₹72.20 / ₹15.32
Face value: ₹1.00
P/E: 75.24
P/B: 9.59
EPS (TTM): ₹0.22
Book value / share: ₹1.76
ROE: —
ROCE: 5.70%
Operating margin: —
Net margin: —
Debt / equity: 0.80
Net debt: ₹96.65 Cr
Interest cover: 3.18
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 56.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q4 FY24
Income statement
	40.15	47.02	32.91	46.21	32.30	34.76	52.52	17.98	—
	0.29	0.29	0.19	2.85	0.14	0.42	0.42	0.27	—
	40.44	47.30	33.10	49.06	32.43	35.19	52.94	18.26	—
	35.45	42.10	30.71	45.42	34.42	37.21	46.06	17.31	—
	2.04	2.61	2.90	2.93	2.94	2.65	2.88	1.70	—
	0.67	0.58	0.69	2.17	0.72	2.37	3.21	0.43	—
	14.35	18.60	17.06	14.98	15.38	15.54	15.86	10.17	—
	0.83	0.97	0.95	0.83	1.49	1.96	1.85	0.98	—
	0.56	0.36	0.35	0.34	1.92	1.03	1.82	0.86	—
	17.53	19.03	8.79	24.29	11.96	13.20	20.73	3.85	—
	4.99	5.20	2.39	3.64	-1.99	-2.02	6.88	0.95	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	4.99	5.20	2.39	3.64	-1.99	-2.02	6.88	0.95	—
	0.18	0.24	-0.08	0.20	-0.81	1.62	1.57	0.11	—
	4.80	4.96	2.47	3.44	-1.18	-3.64	8.45	0.84	—
	0.14	0.07	0.04	0.05	-0.20	-0.05	1.21	0.20	—
Key metrics
	6.38	6.53	3.69	4.81	1.42	0.97	10.55	2.79	—
	15.90%	13.90%	11.20%	10.40%	4.40%	2.80%	20.10%	15.50%	—
	12.00%	10.50%	7.50%	7.40%	-3.70%	-10.50%	16.10%	4.70%	—
	—	2.60%	—	2.00%	—	0.00%	—	—	—
	24.30%	35.30%	-37.30%	157.00%	—	—	—	—	—
	506.80%	236.30%	-70.80%	309.50%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	166.29	158.43	105.27	—
	3.62	3.47	1.12	—
	169.90	161.89	106.39	—
	153.68	152.65	100.58	—
	10.48	11.38	7.22	—
	4.11	4.16	6.01	—
	64.99	66.01	41.56	—
	3.58	4.24	4.79	—
	1.61	2.96	3.71	—
	69.64	64.07	37.78	—
	16.22	9.24	5.80	—
	0.00	0.00	0.00	—
	16.22	9.24	5.80	—
	0.54	-0.45	0.16	—
	15.67	9.69	5.65	—
	0.30	0.14	0.08	—
Key metrics
	21.41	16.44	14.30	—
	12.88%	10.40%	13.60%	—
	9.42%	6.10%	5.40%	—
	—	5.70%	6.10%	—
	20.89%	50.50%	—	—
	250.56%	71.50%	—	—
	—	2.32	2.82	—
	—	0.50	0.52	—
	—	0.80	0.46	—
	—	96.65	48.00	—
	—	56.7	62.5	—
Balance sheet
	—	291.71	203.13	—
	—	102.17	61.64	—
	—	1.44	2.44	—
	—	44.40	22.30	—
	—	3.06	2.88	—
	—	24.22	—	—
	—	20.58	21.04	—
	—	22.81	7.15	—
	—	57.16	29.68	—
	—	98.09	50.44	—
	—	6.25	5.86	—
	—	91.84	44.58	—
	—	122.98	108.71	—
Cash flow
	—	4.81	2.91	—
	—	-48.40	3.75	—
	—	42.59	-4.80	—
	—	2.49	0.09	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2.37	1.00	0.36	0.49	0.37	0.32	0.23	0.11	—	—	—	—
	0.08	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	2.45	1.00	0.36	0.49	0.37	0.32	0.23	0.11	—	—	—	—
	2.35	0.94	0.33	0.42	0.14	0.10	0.22	0.06	0.01	0.05	0.00	0.00
	0.91	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.40	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.58	0.06	0.05	0.04	0.03	0.05	0.13	—	—	—	—	—
	0.00	0.04	0.01	0.08	0.00	0.00	0.00	—	—	—	—	—
	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.69	0.84	0.27	0.29	0.11	0.06	—	0.06	0.01	0.05	0.00	0.00
	0.10	0.06	0.03	0.07	0.23	0.22	0.01	0.05	-0.01	-0.05	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.10	0.06	0.03	0.07	0.23	0.22	0.01	0.05	-0.01	-0.05	0.00	0.00
	0.05	0.05	0.01	0.02	0.06	0.07	—	—	—	—	0.00	—
	0.05	0.02	0.02	0.06	0.17	0.15	0.01	0.05	-0.01	-0.05	0.00	0.00
	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.01	-0.05	-0.16	-0.01	-0.01
Key metrics
	0.13	0.10	0.04	0.15	0.23	0.22	0.01	0.05	-0.01	-0.05	0.00	0.00
	5.50%	10.00%	11.10%	30.60%	62.20%	68.80%	4.30%	45.50%	—	—	—	—
	2.10%	2.00%	5.60%	12.20%	45.90%	46.90%	4.30%	45.50%	—	—	—	—
	—	0.10%	—	0.10%	—	0.20%	—	—	—	—	—	—
	540.50%	212.50%	56.50%	345.50%	—	—	—	—	—	—	—	—
	-70.60%	-86.70%	100.00%	20.00%	1,800.00%	400.00%	—	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4.22	2.22	0.66	—	—	—
	0.08	0.00	0.00	—	—	—
	4.30	2.22	0.66	—	—	—
	4.04	1.83	0.40	—	0.09	0.11
	0.91	0.00	0.00	—	—	—
	0.40	0.00	0.00	—	—	—
	0.73	0.18	0.17	—	—	—
	0.13	0.13	0.00	—	—	—
	0.03	0.01	0.00	—	0.00	0.00
	2.09	1.51	0.22	—	0.08	0.10
	0.26	0.39	0.26	—	-0.09	-0.11
	0.00	0.00	0.00	—	—	—
	0.26	0.39	0.26	—	-0.09	-0.11
	0.13	0.13	0.07	—	—	—
	0.15	0.26	0.19	—	-0.09	-0.11
	0.02	0.00	0.00	—	-0.29	-0.36
Key metrics
	0.42	0.53	0.26	—	-0.09	-0.11
	9.95%	23.90%	39.40%	—	—	—
	3.55%	11.70%	28.80%	—	—	—
	—	0.40%	0.30%	—	—	—
	309.71%	236.40%	—	—	—	—
	-60.53%	36.80%	—	—	18.20%	—
	—	1.92	-0.36	—	—	—
	—	8.19	-1.89	—	—	—
	—	0.43	0.00	—	—	—
	—	44.14	-0.25	—	—	—
	—	434.1	337.3	—	—	—
Balance sheet
	—	156.73	104.69	—	—	—
	—	10.92	4.61	—	—	—
	—	0.56	0.55	—	—	—
	—	2.83	0.61	—	—	—
	—	0.00	0.00	—	—	—
	—	—	0.00	—	—	—
	—	1.10	0.01	—	—	—
	—	0.19	0.00	—	—	—
	—	9.62	1.63	—	—	—
	—	44.70	0.30	—	—	—
	—	0.95	0.30	—	—	—
	—	43.75	0.00	—	—	—
	—	103.33	103.07	—	—	—
Cash flow
	—	2.13	-0.36	—	—	—
	—	-45.74	-100.07	—	—	—
	—	43.62	100.39	—	—	—
	—	0.21	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +309.71%
Profit YoY (TTM): -60.53%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +20.89%
Profit YoY (TTM): +250.56%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 63.39%

Quarter	September 2026	June 2026
Promoter %	63.39%	64.37%

Holder	Type	Holding	Previous	Change
MOHANA BABU KARJELA	Promoter	40.36%	40.36%	0.00%
SIRAJ HOLDING LLC	Public	17.21%	17.21%	0.00%
BLUE SKY CAPITAL FUND SPC	Public	16.54%	16.58%	-0.04%
M KITCHENS PRIVATE LIMITED	Promoter Group	13.57%	14.29%	-0.72%
VENUGOPAL NAIDU KONGARLA VENKATESH	Promoter	9.18%	9.18%	0.00%
SPICE LOUNGE LLP-OPEN OFFER	Promoter Group	0.28%	0.54%	-0.26%
Ramesh Naidu Veluru	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Jubilant Foodworks Limited	28,769	436.00	63.94	16.10%	+16.26% TTM	+77.53% TTM	-26.54%
TRAVEL FOOD SERVICES LIMITED	15,321	1,163.20	31.52	37.60%	—	—	-11.61%
Devyani International Limited	14,629	118.65	-58,304.67	4.30%	+14.06% TTM	+99.44% TTM	-25.70%
WESTLIFE FOODWORLD LIMITED	9,836	630.75	5,064.48	—	+9.86% TTM	-94.80% TTM	+7.87%
Restaurant Brands Asia Limited	6,384	89.63	-41.95	-0.60%	+15.57% TTM	+32.04% TTM	+32.90%
Sapphire Foods India Limited	6,222	193.60	-1,264.63	3.10%	+13.32% TTM	-2,336.36% TTM	-32.08%
UNITED FOODBRANDS LIMITED	2,146	548.65	-79.89	1.60%	+30.15% TTM	+50.93% TTM	+174.46%
SPICE LOUNGE FOOD WORKS LIMITED	1,180	16.92	75.24	5.70%	+20.89% TTM	+250.56% TTM	-69.36%
Speciality Restaurants Limited	668	138.50	26.66	8.90%	+13.25% TTM	+18.89% TTM	+1.09%
Coffee Day Enterprises Limited	630	29.83	3.29	7.90%	+4.53% TTM	+275.19% TTM	-26.49%
Vegorama Punjabi Angithi Limited S	398	239.50	—	54.40%	—	—	—
GOURMET GATEWAY INDIA LIMITED	124	9.21	38.25	7.10%	+16.49% TTM	+574.03% TTM	-43.29%
VIKRAM KAMATS HOSPITALITY LIMITED	47	25.90	132.40	4.10%	+33.85% TTM	-42.86% TTM	-56.47%
PECOS Hotels And Pubs Limited S	25	193.95	15.26	29.30%	—	—	-51.51%
Pind Hospitality Limited	14	23.33	—	—	—	—	—

Filings & corporate actions

Recent announcements

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, we wish to inform you that TEKsoft Systems, a subsidiary of Spice Lounge Food Works ....21 Oct 2026 · Others
Compliance Certificate Under Regulation 74(5) of SEBI (DP) Regulations 201815 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
SLFWL AGM Voting Result - Scrutinizers Report5 Oct 2026 · AGM/EGM / AGM
Proceedings of the AGM1 Oct 2026 · AGM/EGM / AGM
Intimation of Closure of Trading Window26 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Spice Lounge Food Works Limited signs strategic MoU with Indian Emulsifiers Ltd for exclusive India offtake, branding and distribution of food-grade emulsifiers; Company estimates ?500 ....18 Sep 2026 · Company Update / General
Annual Report 2025-267 Sep 2026 · Others / Reg. 34 (1) Annual Report
Launch of the Food Emulsifier & Agro Division, a New Agri-Sourcing, Agro Chemical and Processing Vertical, with an Expected Revenue in the Range of ?1,200 Cr1 Sep 2026 · Company Update / General
Results - Un Audited Financial Results - 30.06.202614 Aug 2026 · Result / Financial Results
UN-AUDITED FINANCIAL RESULTS - STANDALONE AND CONSOLIDATED FOR 30.06.202614 Aug 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the enclosed Press Release dated ....13 Aug 2026 · Company Update / Press Release / Media Release
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the enclosed Press Release titled 'Xora World Strengthens Spice ....12 Aug 2026 · Company Update / Press Release / Media Release
Spice Lounge Food Works Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve quarterly results for ....10 Aug 2026 · Board Meeting / Board Meeting
Intimation of Appointment of CFO6 Aug 2026 · Company Update / General
Resignation of CFO6 Aug 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
ANNOUNCEMENT OF OPENING OF SECOND WING ZONE OUTLET20 Jul 2026 · Company Update / Press Release / Media Release
Compliances under Reg 74(5) of SEBI DP Regs 201815 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Announcement of successful launch of Teksoft Systems INC''s ondesi.ca, Ontario''s premier online marketplace for Desi Canadians15 Jul 2026 · Company Update / Press Release / Media Release
SPICE LOUNGE FOOD WORKS ANNOUNCES FIRST WING ZONE OUTLET IN BENGALURU14 Jul 2026 · Company Update / Press Release / Media Release
Closure of Trading Window - Intimation26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Clarification on Price Movement2 Jun 2026 · Company Update / General
AUDITED FINANCIAL RESULTS (STANDALONE AND CONSOLIDATED) AS ON 31.03.202629 May 2026 · Board Meeting / Outcome of Board Meeting
AUDITED RESULTS FOR THE 4TH QUARTER AND YEAR ENDED 31.03.202629 May 2026 · Result / Financial Results
INTIMATION OF PROMOTER RECLASSIFICATION28 May 2026 · Company Update / General
The Exchange has sought clarification from Spice Lounge Food Works Ltd on May 27, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....27 May 2026 · Company Update / Clarification
Spice Lounge Food Works Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Consideration of Financial ....25 May 2026 · Board Meeting / Board Meeting
Clarification On Price Movement In The Shares Of The Company5 May 2026 · Company Update / General
The Exchange has sought clarification from Spice Lounge Food Works Ltd on May 4, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....4 May 2026 · Company Update / Clarification
DISCLOSURE - NOT A LARGE BODY CORPORATE AS ON 31ST MAR, 202615 Apr 2026 · Company Update / General
Compliance under Reg 74 of SEBI DP Reg 2018 for the quarter ended 31.03.202615 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Clarification on Price Movement in the shares of the Company10 Apr 2026 · Company Update / General
The Exchange has sought clarification from Spice Lounge Food Works Ltd on April 9, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....10 Apr 2026 · Company Update / Clarification
Intimation of Closure of Trading Window26 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Press Release - Spice Lounge Food Works Ltd- Announces Global Underground Icon 'Circoloco' to India - Mumbai 20269 Mar 2026 · Company Update / Press Release / Media Release
Press Release - Spice Lounge Food Works Ltd- Announces large-scale music event, Global Icon Black Coffee - Hyderabad, 02 April 20263 Mar 2026 · Company Update / Press Release / Media Release
UNAUDITED FINANCIAL RESULTS FOR THE Q3 ENDED DEC 202514 Feb 2026 · Result / Financial Results
UNAUDITED FINANCIAL RESULTS FOR THE Q3 ENDED DEC 202514 Feb 2026 · Board Meeting / Outcome of Board Meeting
Spice Lounge Food Works Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2026 ,inter alia, to consider and approve Quarterly Results for ....9 Feb 2026 · Board Meeting / Board Meeting
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed an announcement by Spice Lounge Food Works Limited ('the ....31 Jan 2026 · Company Update / General
Press Release - Spice Lounge Food Works Ltd- Announces large-scale cultural music event celebrating 50 Years of Maestro Ilaiyaraaja to be held on 28.03.202627 Jan 2026 · Company Update / Press Release / Media Release

Corporate actions

Purpose	Ex date	Record date	Payment date
Stock Split From Rs.10/- to Rs.1/-	13 Mar 2025	14 Mar 2025	—

Board meetings

14 Aug 2026 Board Meeting - Financial Results