Spice Lounge Food Works, a well-known multibagger stock, has been making waves in the Indian stock market. Recently, its share price surged by 5% to ₹50.08, despite the market volatility. This significant increase is a testament to the company's strong performance and growth potential.
Over the past year, Spice Lounge Food Works has delivered an impressive 800% return, making it one of the top multibagger stocks of 2025. Although the stock is currently 30% below its 52-week high of ₹72.20, its long-term growth trajectory remains striking. The stock has jumped a staggering 796% from its 52-week low of ₹5.59, recorded in December last year.
In recent times, the stock has posted solid gains, with a 103% return over the last six months, 11% over the last three months, and 7% in the past one month. This consistent performance has underscored sustained investor conviction in the company.
On December 4, Spice Lounge Food Works announced a significant expansion milestone: it has secured the exclusive Master Franchise rights for , a globally recognized quick-service restaurant (QSR) brand. This partnership marks the company's entry into an internationally established food segment and positions it for rapid scale-up in India's expanding QSR landscape.
The company plans to roll out Wing Zone across India through a combination of high-street outlets and cloud kitchens, enabling both accessibility and scalability. The first Wing Zone outlet is set to open in Koramangala, Bangalore, in January 2026, with additional locations planned across Bangalore, Hyderabad, and Chennai, followed by expansion into other major cities.
Spice Lounge Food Works' momentum is reinforced by strong Q2FY26 results. For the quarter ended September 30, 2025, net profit jumped to ₹3.4 crore, rising 300% from ₹0.83 crore in the year-ago period. Revenue from operations surged 158% to ₹46.20 crore, compared to ₹18 crore last year.
The company reported EBITDA of ₹4.15 crore, reflecting enhanced operational efficiency. Total comprehensive income stood at ₹3.50 crore, significantly higher than ₹8.1 crore in the corresponding quarter of the previous year.
Spice Lounge Food Works Limited, formerly known as Shalimar Agencies Limited, provides IT services and solutions across India, the US, Canada, and other international markets. The company operates through its Software & IT Services and Food & Restaurant Services segments. Its offerings include outsourcing, data processing, call centre operations, technical support, software development, and consulting. Spice Lounge Food Works also operates and franchises restaurant brands such as , Wing Zone, and Blaze Kebabs, along with nightlife venues including Xora and Salud.
This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
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