Spice Lounge Food Works Share Price Hits 5% Upper Circuit After Five-Day Fall | Stock Market Today

Market Performance

The stock market on Monday witnessed an interesting turnaround for Spice Lounge Food Works share price. After being stuck in back-to-back lower circuits for five straight sessions, the stock bounced back sharply. It was locked at its 5% upper circuit at ₹38.23 apiece on the BSE, signaling renewed investor activity.

This reversal caught traders’ attention as the smallcap stock had been under pressure for nearly a week. The sudden swing in sentiment placed it among the top buzzing names in the broader market today.

Main News: Spice Lounge Food Works Share Price Today

• The stock hit upper circuit of 5% at ₹38.23 per share.
• This comes after five consecutive sessions of 2% lower circuits.
• The bounce coincided with the company’s recently declared Q1FY26 results.

While the stock movement appears technical, the financial update also sheds light on the company’s progress.

Company Details: Q1FY26 Performance

Spice Lounge Food Works announced its first quarter numbers for FY26, and the report card showed signs of improvement despite pressure on revenues.

Revenue

• Consolidated revenue stood at ₹32.29 crore in Q1FY26.
• This marked a 7% decline compared to ₹34.76 crore in the March quarter.

Net Loss

• Spice Lounge Food Works posted a consolidated net loss of ₹1.18 crore in Q1FY26, narrowing from ₹3.64 crore in the preceding quarter.

Segment-Wise Performance

• Software & IT Services
  • Revenue: ₹25.61 crore, down 3.23% from ₹26.46 crore (QoQ).
  • EBIT: Dropped to ₹1.41 crore from ₹1.55 crore sequentially.
• Food & Restaurant Services
  • Revenue: ₹6.68 crore, down 19.44% from ₹8.29 crore (QoQ).
  • EBIT: Loss widened to ₹1.91 crore compared with ₹1.61 crore last quarter.

Stock Market Journey: A Multiyear Rally

The price history of Spice Lounge Food Works tells a remarkable story:

• 1 Month: Up 3%
• 3 Months: Up 100%
• 6 Months: Surged 230%
• YTD 2025: Jumped 300%
• 1 Year: Skyrocketed 731%
• 3 Years: Delivered 1,000% gains
• 5 Years: Massive rally of over 3,160%

Such returns have transformed the smallcap counter into one of the most striking performers in the broader market.

Recent Corporate Update

The company also confirmed its name change from Shalimar Agencies to Spice Lounge Food Works Limited, effective from August 11, 2025.

This rebranding signals a shift in positioning, aligning its identity more closely with its food services and restaurant business, even as its IT arm remains a key revenue driver.

Summary

• Spice Lounge Food Works share price hit 5% upper circuit at ₹38.23 after five days of consecutive lower circuits.
• Q1FY26 results showed revenue decline, but net loss narrowed.
• Segment performance was mixed: IT steady but slipping, food services under stress.
• Despite near-term volatility, the stock’s long-term performance remains extraordinary, with gains crossing 3,160% in five years.
• A recent name change reflects its evolving business identity.

At 11:25 AM, the stock remained frozen at its upper circuit, keeping market participants glued to its moves.