The proposed preferential issue of equity shares and warrants, if approved, will bring in marquee institutional investors of scale and repute demonstrating confidence in the company’s products and growth plans.
| Photo Credit: Company website
Vintage Coffee & Beverages is planning to set up a 5,000 tonne per annum freeze-dried coffee plant by FY27 in the backdrop of the nearly ₹216 crore preferential issue the company’s board approved earlier this month.
The facility will in addition to the 4,500 TPA spray dried and agglomerated capacity expansion likely to be completed by March 2026 that will take the capacity to 11,000 TPA.
The proposed preferential issue of equity shares and warrants, if approved, will bring in marquee institutional investors of scale and repute demonstrating confidence in the company’s products and growth plans. It will also help the company set up an additional 5,000 TPA plant of freeze-dried coffee adding to 11,000 MTPA spray dried and agglomerated capacities by FY27, Chairman and Managing Director Balakrishna Tati said.
The company has taken all steps for the timely completion of 4,500 TPA spray dried and agglomerated capacity expansion, he said in a release.
For the quarter ended June, the company reported a consolidated net profit of ₹14.23 crore as against ₹4.54 crore a year earlier as revenue from operations increased to ₹101.6 crore (₹43.67 crore).
Mr.Tati said the company delivered another strong quarter despite seasonally weak quarter. It registered the highest ever Q1 revenue, operating profit and profit after tax. “We are confident of improving performance further in FY26 on the back of robust demand and higher capacity utilisation,” he said.
Published – July 21, 2025 09:18 pm IST