In a notable display of resilience, shares of Spice Lounge Food Works climbed higher during Wednesday's trading session, defying the broader negative sentiment on Dalal Street. The stock gained approximately 4% even as the markets grappled with a declining rupee and cautious investor behaviour.
A Defiant Rally Against the Trend
The small-cap company's stock witnessed positive movement after enduring a significant correction. Prior to Wednesday's uptick, the share price had fallen for seven consecutive sessions, shedding 15% in a single week and nearly 20% over a fortnight. However, during the latest session, it hit an intraday high of ₹50.47 per share after touching a low of ₹45.67.
This recent bounce is a part of an extraordinary longer-term performance. The stock has delivered staggering returns to its investors, appreciating by 130.77% in the past month, an incredible 427.93% since the start of the calendar year, and a monumental 895.46% over the last twelve months, firmly cementing its status as a multibagger.
Solid Fundamentals Fuel the Surge
The remarkable ascent of Spice Lounge Food Works is not without foundation; it is strongly supported by the company's robust financial performance. The firm announced its quarterly and half-yearly results for FY26 in mid-November, marking a pivotal achievement.
For the second quarter of FY26 (Q2FY26), the company reported a spectacular 157 percent year-on-year jump in net sales to ₹46.21 crore. More impressively, its net profit skyrocketed by 310% to ₹3.44 crore compared to the same period last year.
This vigorous growth momentum extended into the first half of the fiscal year. For H1FY26, net sales expanded by a massive 337% to ₹78.50 crore, while net profit grew by 169% to ₹2.26 crore against the first half of FY25. For the entire preceding fiscal year (FY25), Spice Lounge Food Works had achieved net sales of ₹105 crore and a net profit of ₹6 crore, highlighting its sustained growth trajectory.
Company Profile and Corporate Actions
Spice Lounge Food Works operates as a provider of a comprehensive suite of IT services, solutions, and business process outsourcing. Its services cater to processes, sub-processes, and transactions for businesses across various sectors in India and internationally, particularly those enabled by information technology.
On the corporate action front, the company has not issued bonus shares historically. However, it has executed one stock split since its listing on the BSE. The most recent stock split was announced on March 13, 2025, and was carried out in the ratio of 10:1.
The stock's performance, juxtaposed with strong quarterly results, continues to attract investor attention in the small-cap segment, demonstrating how company-specific fundamentals can sometimes override broader market anxieties.
