This multibagger stock has given returns of up to 800%, once again it hit the upper circuit
Spice Lounge has been the brightest star in the SME segment this year. The stock has delivered nearly 800% returns to investors over the past year, making it one of the top multibagger stocks for 2025.
Multibagger stock Spice Lounge Food Works performed strongly on the stock market on Thursday, December 12th. The company's shares hit a 5% upper circuit and closed at ₹50.08.
This rally came as Indian markets recovered following the US Federal Reserve's 25 basis point rate cut. Although the Sensex and Nifty initially slipped 0.3%, the market later recovered.
Spice Lounge has been the brightest star in the SME segment this year. The stock has delivered nearly 800% returns to investors over the past year, making it one of the top multibagger stocks for 2025.
The stock is still down nearly 30% from its 52-week high of ₹72.20, but it is up 796% from its 52-week low of ₹5.59, reached in December last year. Its returns over the past five years have been nearly 4,200%.
The stock has also shown strong momentum in recent months, gaining 103% in six months, 11% in three months, and 7% in the past one month.
Wing Zone's master franchise will provide major expansion
The company recently closed a major deal. According to a press release issued on December 4th, Spice Lounge has acquired the exclusive master franchise rights in India for the global QSR brand Wing Zone.
Wing Zone is popular worldwide for its chicken items and distinctive flavors. Through this partnership, the company aims to strengthen its foothold in the rapidly growing Indian fast-food market.
India's first Wing Zone outlet will open in Koramangala, Bengaluru in January 2026. Additional outlets will follow in Bengaluru, Hyderabad, and Chennai, before expanding to other major cities.
Strong earnings in Q2FY26, profit jumps 300%
- The company's results for the quarter ended September 2025 were very strong.
- Net profit up 300% to ₹3.4 crore
- Revenue up 158% to ₹46.20 crore
- EBITDA rises to ₹4.15 crore
- Total Income ₹49 crore
Spice Lounge Food Works, formerly Shalimar Agencies, is engaged in both IT services and the food business. The company operates brands such as Buffalo Wild Wings, Wing Zone, and Blaze Kebabs. Headquartered in Hyderabad.
Stock market