Integrated Industries Stock Continues Spectacular Rally
Integrated Industries Limited, the small-cap food products manufacturer, has captured investor attention as its share price surged to the 5 percent upper circuit limit of ₹28.09 for the second consecutive trading session. This remarkable rally comes on the back of the company's announcement that its Board of Directors will meet on Friday, November 28, 2025, to evaluate proposals for raising fresh capital.
The current surge marks the fifth straight session of gains for this multibagger stock, which has delivered extraordinary returns of 56,000% over the past five years. However, the stock has experienced some volatility in the shorter term, declining 30% over the last year while posting gains of 11% over six months, 41% over three months, and 13% over the past month.
Fundraising Plans and Board Meeting Details
In its official exchange filing, Integrated Industries disclosed that the Board will "consider and, if deemed fit, approve the fund-raising activities by issuance of equity shares or warrants convertible into equity shares through permissible modes, including preferential allotment." The proposed fundraising is subject to necessary regulatory and shareholder approvals.
The company clarified that the capital raise may be executed through various permissible routes, with preferential allotment being one of the primary options under consideration. This strategic move indicates the company's intention to strengthen its financial position and potentially fuel further expansion.
Robust Financial Performance Drives Investor Confidence
The fundraising announcement follows the company's impressive second-quarter results for FY26. Integrated Industries reported a 104% year-on-year increase in net profit, which climbed to ₹29.9 crore from ₹14.7 crore in the same quarter last year (Q2FY25).
Revenue from operations demonstrated strong growth, rising 54% to ₹286.9 crore compared to ₹186.6 crore in the previous year's September quarter. The company's operational efficiency showed significant improvement with EBITDA doubling to ₹30.7 crore from ₹14.7 crore, representing a 109% increase.
EBITDA margin expanded substantially to 10.7% from 7.9%, marking an improvement of 284 basis points. For the first half of FY26, the company maintained this positive trajectory with net profit doubling to ₹54.7 crore from ₹27.4 crore in H1 FY25, while revenue jumped 64% to ₹536.7 crore from ₹326.7 crore.
Management Optimism and Strategic Expansion
Commenting on the outstanding performance, Managing Director Saurabh Goyal attributed the strong results to demand recovery, enhanced distribution networks, and operational efficiencies. "Revenue grew by 54% year-on-year to ₹66.3 crore, EBITDA rose over 500% to ₹1.4 crore, and net profit increased 137% to ₹2.1 crore," Goyal stated.
He emphasized that the consistent growth reflects robust consumer demand, operational excellence, and the successful integration of Nurture Well Foods, which continues to drive the company's biscuit and bakery portfolio. The company has strengthened its distribution network across North India while expanding its export reach to meet rising international demand from Africa and the Middle East.
Integrated Industries, incorporated in 1995, manufactures both organic and inorganic food products and bakery items. Through its subsidiary Nurture Well Foods Ltd, established in 2023, the company produces biscuits and cookies under popular brands including RICHLITE, FUNTREAT, and CRAZY CRUNCH. The subsidiary operates a modern automated facility in Neemrana, Rajasthan, with an impressive production capacity of 3,400 MT per month.
With a strong brand portfolio and improving margins, the company appears well-positioned to sustain its growth momentum and enhance value for all stakeholders, as indicated by management commentary. The upcoming board meeting on November 28, 2025, will be closely watched by investors seeking to understand the company's future capital allocation strategy.
