The small-cap multibagger stock Spice Lounge Foods Work continued its strong run in the Indian stock market, surprising many with yet another upper circuit. The mood around the counter has been charged for days now, and the stock kept its momentum intact in stock market today trade.
It has been a rare stretch of sustained enthusiasm, especially for a company operating in the food services and tech-enabled hospitality space. Investors tracking Spice Lounge Foods' Work share price today have watched the counter climb for several sessions without losing steam.
Market Performance: A Small-Cap Stock on a Relentless Rally
The rise has been steep and steady.
On Thursday, the stock opened at ₹65, comfortably above the previous close of ₹62.41.
Short bursts of buying turned into complete domination, locking Spice Lounge Foods Work shares in the upper circuit for the seventh straight session. The stock even touched a record high of ₹65.53 during the day.
Recent performance highlights include:
- 21% gain in the last five trading sessions
- 264.26% return in the past six months
- 585.46% YTD jump in 2025
For a small-cap multibagger stock, such a sustained rally adds to the growing interest around the company’s operational progress and financial comeback.
Main News: Strong Momentum Meets Stronger Numbers
The rally isn’t happening in a vacuum.
The company’s latest financial results added a sense of direction to the rising sentiment.
In its Q2 results 2025 (Q2 FY26) filing on November 15, Spice Lounge Foods Work reported a sharp rise in profitability and revenue. The numbers reflected a significant turnaround.
Key Financial Highlights (Q2 FY26)
- Net Profit: ₹3.4 crore, up 300% YoY (vs. ₹0.83 crore last year)
- Revenue from Operations: ₹46.20 crore, up 158% YoY (vs. ₹18 crore last year)
- Total Comprehensive Income: ₹3.50 crore (vs. ₹8.1 crore YoY)
- EBITDA: ₹4.15 crore
- Total Income: ₹49 crore (vs. ₹18.2 crore in Q2 FY25)
These numbers were among the key drivers fueling attention toward this small-cap stock.
Company Details: Expansion Mode and a Strategic Acquisition
The company recently strengthened its portfolio with the complete acquisition of Rightfest Hospitality LLP, announced on October 29. This move marked an expansion into India’s rapidly evolving casual dining, quick-service, and experience-led restaurant formats.
The company highlighted that the acquisition aligns with its broader vision of building a multi-format hospitality ecosystem that blends food, lifestyle, and tech-enabled dining concepts.
Spice Lounge Foods Work has also undergone significant structural changes.
Earlier known as Shalimar Agencies Ltd, the company adopted its new identity in August 2025, reflecting its shift in business focus.
Its current portfolio spans:
- Food service brands
- Lifestyle-driven dining experiences
- Franchise operations, including Buffalo Wild Wings and Wing Zone
- In-house concepts such as Blaze Kebabs, Xora, and Sunburn Union
The business now stands at the intersection of hospitality and IT services, operating across multiple verticals with a growing footprint.
Summary
Spice Lounge Foods Work has emerged as one of the most talked-about small-cap multibagger stocks in 2025. With a 585% YTD rally, consistent upper circuits, and a sharp jump in quarterly financials, the stock continues to draw attention in the Indian stock market.
Its strong Q2 performance, expanding brand portfolio, and strategic acquisition have created a storyline that merges momentum with operational developments. For now, the company remains one of the standout movers in the stock market today, especially within the small-cap universe.
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