VINTAGE COFFEE AND BEVERAGES (VINCOFE): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1YAll

₹156.28 latest close · +1.3% over the last 90 sessions

₹156.28 month-end · −3.0% over 12 months

₹156.28 month-end · +19.4% since Oct '24

52-week range ₹120.24 to ₹191.35 · 1-year volatility 42.0%

Was the rally earned?

-3%share price, 1 yearRoughly flat

The share price was roughly flat over 1 year (-3%).
The share count rose 16%.

Net profit growth+46 ptsNet profit rose about 59%, which lifts the price.

P/E change-34 ptsThe P/E fell from 40.8x to 28.9x, which lowers the price.

Share count change-15 ptsShare count rose 16%, which lowers the price.

What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Not shown for 3 years and 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with ADANI ENTERPRISES

How rough has the ride been?

Maximum drawdown-44.7%recovered 2025-07

1-year volatility42.0%annualised

Beta vs sector index0.453-year daily, correlation 0.34

Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-44.7% (2024-10 peak to 2025-03 low, recovered 2025-07)

-29.8% (2026-01 peak to 2026-03 low, recovered 2026-08)

-22.3% (2026-10 peak to 2026-10 low, not yet recovered)

Most recent volume spikes

2026-11-04: 7.7x the 50-day median, price +10.0% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

28.9xP/E todayNear its historic low

Against its own history15th percentile

CheapestMedian 38.9xDearest

Usual range 28.4x to 66.9x since 2024-10.

Against Distribution Services28.9x vs 16.7x

This company

28.9x

Sector median

16.7x

73% above the Distribution Services median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianDistribution Services median

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P/B (this company)10th to 90th percentile of its own historyIts medianDistribution Services median

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P/S (this company)10th to 90th percentile of its own historyIts medianDistribution Services median

How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Distribution Services is valued

Where does it rank among Distribution Services peers?

Each cell is the company's percentile rank among its Distribution Services peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

ROCE82nd▲ 8 pts vs a year ago
Op. margin89thflat vs a year ago
Revenue growth98thflat vs a year ago
EPS growth71st▼ 21 pts vs a year ago
Debt/equity ↓57th▲ 8 pts vs a year ago
Cash cycle ↓26th▲ 13 pts vs a year ago
P/E ↓31st▼ 5 pts vs a year ago
12M momentum64th▼ 27 pts vs a year ago

Rank history

ROCE

Op. margin

Revenue growth

EPS growth

Debt/equity ↓

Cash cycle ↓

P/E ↓

12M momentum

Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26

Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Distribution Services sector page Watch it move against Distribution Services in the Observatory

What is the price implying?

~35%annual earnings growth implied by the price

At a P/E of 98.4x, the price would imply about 35.0%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Distribution Services The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹156.28
P/E: 28.9x
ROCE: 18.0%
Market Cap: ₹2296 cr
Revenue (TTM): ₹613 cr
P/S: 3.7x
P/B: 4.0x
ROE: 13.9%
Operating Margin: 20.0%
Debt / Equity: 0.2x
Promoter Holding: 34.6%
12M Momentum: -3.0%

52-week range

₹120.24₹191.35

51% of the way from its 52-week low to its high

Price risk

1Y volatility

42.0%

Beta vs sector

1-year daily

0.48

Balance sheet & cash

Interest cover

operating profit ÷ interest

12.4x

Cash from profit, 3Y

operating cash flow ÷ net profit

-0.41x

low

Share count, 1Y

+15.9%

Are profits backed by cash?

4 of 7checks within range2 beyond a threshold

Other income reliance9%Within range

Other income as a share of pre-tax profit (trailing twelve months): 8.9%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate9%Near threshold

Median quarterly effective tax rate over about 2.5 years: 9.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.41xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.41x (cash from operations ₹-51 cr, net profit ₹124 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow1 of 5 yrsBeyond threshold

Fiscal years with positive free cash flow in the last 5: 1. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+12 daysWithin range

Debtor days are above the median of the previous three fiscal years by 12 days (88 vs 77). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress67% of fixed assetsWithin range

Capital work-in-progress is 67% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-6 days / 2 yrsWithin range

Days payable changed by -6 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

Over 2 years, DIIs added 9.6 pts; promoters trimmed 5.9 pts; FIIs added 3.1 pts.
The number of shareholders rose from 9,366 to 44,709 (+377%) between Jun 2024 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupJun '24Jun '26Change

Promoters40.6%34.6%-5.9 pts

FIIs2.3%5.4%+3.1 pts

DIIs0.0%9.6%+9.6 pts

Public and others57.1%50.4%-6.8 pts

Number of shareholders

44,709shareholders+377% since Jun '24

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

−6.1%typical 12-month return vs the marketNot meaningfully different from the base rate

We found 50 past situations where a non-financial company looked like VINTAGE COFFEE AND BEVERAGES today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
Over the following 12 months the middle half of them returned −28% to +27% vs the market, against −6% for all non-financial companies in the same months.
The gap against the base rate (−0.5%, 80% range −12.5% to +8.4%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 3 beyond the range shown, drawn at the edge

Similar setups' median

−6.1%

All companies' median

−5.6%

Beat the market

42% vs 44%

50 past situations · 50 companies · 36 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
GANESHHOU Finance	Jun 2023	30x	23%	+47%	−7%	+74%
INFOBEAN Technology Services	Apr 2021	22x	18%	+96%	−10%	+240%
MOLDTKPAC Producer Manufacturing	Mar 2022	32x	22%	+86%	−14%	+30%
AVTNPL Consumer Non-Durables	Oct 2021	28x	19%	+91%	−8%	+29%
SJS Producer Manufacturing	Aug 2024	36x	22%	+43%	−7%	+44%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
JASH Producer Manufacturing	May 2025	38x	25%	+26%	−19%	−29%
YATHARTH Health Services	Nov 2024	41x	24%	+50%	−13%	+15%
GLOBUSSPR Consumer Non-Durables	Jun 2023	30x	—	+38%	−3%	−59%

How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and P/E. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to VINTAGE COFFEE AND BEVERAGES. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

MOLD-TEK PACKAGINGMOLDTKPAC

Producer Manufacturing

76%similar

market cappromoter holding

CARYSILCARYSIL

Consumer Durables

73%similar

operating marginROCE

ADF FOODSADFFOODS

Consumer Non-Durables

69%similar

P/Epromoter holding

NRB BEARINGSNRBBEARING

Producer Manufacturing

68%similar

ROCEP/E

MEDI ASSIST HEALTHCARE SERMEDIASSIST

Finance

60%similar

operating marginmarket cap

THEJO ENGINEERINGTHEJO

Distribution Services

47%similar

market caprevenue

IVALUE INFOSOLUTIONSIVALUE

Distribution Services

33%similar

promoter holdingvolatility

EFC IEFCIL

Distribution Services

18%similar

volatilitymarket cap

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

21 events since Jan '25

2026
NovSharesShare count is up 15.9% over 12 months.
NovPriceVolume reached 7.7x its 50-day median on 2026-11-04; price +10.0% that day.
OctValuationP/E fell below the 10th percentile of its own history to date (26.9x).
SepInstitutionsFII + DII holding rose 4.3 pts over 2 quarters to 15.0%.
AugPriceRegained the 2026-01 peak, 5 months after the low.
JunPeer rankMoved into the top quartile of Distribution Services on ROCE (from the 2nd quartile).
JunPriceVolume reached 15.9x its 50-day median on 2026-06-11; price +1.7% that day.
MayDebtDebt / equity halved over 12 months to 0.27x.

Show 13 earlier events

2026
MarPriceFell 30% from the Jan 2026 peak to the Mar 2026 low.
2025
DecPromoterPromoter holding fell 4.6 pts to 34.1%.
DecInstitutionsFII + DII holding rose 6.3 pts over 2 quarters to 11.5%.
NovPeer rankSlipped to the 2nd quartile of Distribution Services on ROCE (from the top quartile).
NovPriceVolume reached 7.7x its 50-day median on 2025-11-03; price +1.8% that day.
OctDebtDebt / equity halved over 12 months to 0.27x.
OctSharesShare count is up 20.0% over 12 months.
JulPriceRegained the 2024-10 peak, 4 months after the low.
JulPriceVolume reached 9.2x its 50-day median on 2025-07-22; price +1.0% that day.
JunPeer rankMoved into the top quartile of Distribution Services on ROCE (from the 2nd quartile).
MayPriceVolume reached 11.4x its 50-day median on 2025-05-08; price -8.2% that day.
MarPriceFell 45% from the Oct 2024 peak to the Mar 2025 low.
JanPriceVolume reached 9.3x its 50-day median on 2025-01-30; price -2.8% that day.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history26 months · 2024-10 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	28.9x	₹613 cr	13.9%	18.0%	0.2x
2026-10	26.9x	₹613 cr	13.9%	18.0%	0.2x
2026-09	33.3x	₹613 cr	13.9%	18.0%	0.2x
2026-08	36.6x	₹554 cr	12.6%	18.0%	0.2x
2026-07	29.5x	₹554 cr	12.6%	18.0%	0.2x
2026-06	30.5x	₹554 cr	12.6%	18.0%	0.2x
2026-05	29.7x	₹494 cr	22.1%	15.0%	0.3x
2026-04	27.9x	₹494 cr	22.1%	15.0%	0.3x
2026-03	27.2x	₹494 cr	22.1%	15.0%	0.3x
2026-02	31.8x	₹431 cr	19.8%	15.0%	0.3x
2026-01	32.2x	₹431 cr	19.8%	15.0%	0.3x
2025-12	34.6x	₹431 cr	19.8%	15.0%	0.3x
2025-11	40.8x	₹367 cr	16.5%	15.0%	0.3x
2025-10	41.5x	₹367 cr	16.5%	15.0%	0.3x
2025-09	37.4x	₹367 cr	16.5%	15.0%	0.3x
2025-08	45.3x	₹309 cr	13.5%	15.0%	0.3x
2025-07	48.0x	₹309 cr	13.5%	15.0%	0.3x
2025-06	41.2x	₹309 cr	13.5%	15.0%	0.3x
2025-05	49.4x	₹246 cr	17.4%	9.0%	0.6x
2025-04	40.4x	₹246 cr	17.4%	9.0%	0.6x
2025-03	40.7x	₹246 cr	17.4%	9.0%	0.6x
2025-02	47.1x	₹196 cr	12.6%	9.0%	0.6x
2025-01	65.7x	₹196 cr	12.6%	9.0%	0.6x
2024-12	68.2x	₹196 cr	12.6%	9.0%	0.6x
2024-11	91.8x	₹154 cr	9.0%	9.0%	0.6x
2024-10	96.9x	₹154 cr	9.0%	9.0%	0.6x

Methodology and data notes