Small-cap multibagger stock: Integrated Industries share price will remain in focus on Monday after the company reported strong second-quarter results on Friday, November 14.
On Friday, the small-cap stock ended the session at 5% upper circuit at ₹25.36 apiece.
The small-cap stock has been quite volatile recently, declining over 4.37% in the six months and nearly 34% over the past year. Despite this short-term fluctuation, it has been a remarkable wealth generator for long-term investors, delivering an astounding 50,620% return over the last five years.
Integrated Industries Q2 results 2025
In a press release on November 14, Integrated Industries reported a 104% rise year-on-year (YoY) in its consolidated net profit to ₹29.99 crore in Q2 FY26, as compared to ₹14.7 crore same period corresponding year.
In Q2 FY26, revenue from operations jumped 54% to ₹286.46 crore, up from ₹186.61 crore in the same quarter last year. Total expenses also climbed significantly, rising 49% to ₹257.13 crore during the September quarter.
For the half-year period, net sales increased sharply by 64% to ₹536.72 crore, while net profit doubled to ₹54.66 crore in H1FY26 compared to the previous year. These results underscore the company's strong operational momentum and sustained demand in the market.
On the other hand, EBITDA rose as much as 109% YoY to ₹30.7 crore in the September quarter FY26, as compared to ₹14.7 crore same period last year.
“We delivered a strong performance this quarter with revenue growing by 54% year-on-year to ₹66.3 crore, EBITDA rising over 500% to ₹1.4 crore, and net profit increasing by 137% to ₹2.1 crore. The consistent growth reflects robust consumer demand, operational excellence, and the successful integration of Nurture Well Foods, which continues to drive our biscuit and bakery portfolio," said Saurabh Goyal, Managing Director of Integrated Industries Limited.
# 50,600% Rally in Five Years! Multibagger Stock to Be in Focus on Monday; Here's Why
In the wild world of stock markets, where fortunes can flip faster than a pancake, few stories capture the imagination quite like a true multibagger. Imagine turning a modest investment into a life-changing windfall— that's exactly what shareholders of Integrated Industries Limited (IIL) have experienced over the past five years. With a staggering 50,620% return on their investment, this small-cap gem from the FMCG sector has been nothing short of explosive. But after some recent bumps, the stock is roaring back into the spotlight, thanks to blockbuster Q2 results. As we head into Monday, November 17, 2025, all eyes will be on IIL. Let's dive into why this unassuming food manufacturer is suddenly the talk of Dalal Street.
## Meet Integrated Industries: The Quiet Giant in Food Processing
Founded in 1995, Integrated Industries Limited isn't your typical flashy tech unicorn—it's a steady player in the fast-moving consumer goods (FMCG) arena. The company specializes in manufacturing organic and inorganic food products, with a heavy emphasis on bakery items like biscuits, cookies, and other baked delights. Over the years, IIL has built a reputation for quality, innovation, and scalability, carving out a niche in high-growth categories that cater to everyday Indian households.
What sets IIL apart? It's their relentless focus on expanding distribution networks, especially in North India, while dipping toes into exports to regions like Africa and the Middle East. Recent acquisitions, such as Nurture Well Foods, have supercharged their biscuit and bakery portfolio, blending traditional flavors with modern consumer preferences. In a country where snacking is practically a national sport, IIL's products are hitting the sweet spot—literally.
## The Five-Year Rollercoaster: From Pennies to Profits
Rewind to November 2020, and IIL's shares were trading at a whisper-thin ₹0.05 apiece. Fast-forward to today, and they're hovering around ₹25.36— a mind-boggling 50,620% surge that would make even the most seasoned investor do a double-take. This isn't just luck; it's a textbook multibagger tale fueled by post-pandemic recovery, rising disposable incomes, and a booming demand for affordable, quality snacks.
During this period, IIL capitalized on the shift toward packaged foods. Revenue compounded impressively, and profitability margins expanded as the company optimized operations and scaled production. Early investors who spotted the potential in this overlooked small-cap reaped rewards that dwarfed benchmark indices like the Nifty Smallcap 100, which returned a respectable but far humbler ~150% over the same timeframe.
But markets being markets, the ride wasn't always smooth. IIL's stock has shown its volatile side, a common trait among small-caps chasing growth.
## Recent Turbulence: A Dip Before the Bounce
No multibagger story is complete without some drama. Over the past year, IIL shares have shed nearly 34%, and in the last six months alone, they've dipped 4.37%. Factors? Broader market corrections, rising input costs in the food sector, and profit-taking after the multi-year run-up. The stock traded in a tight range, testing the patience of holders who remembered its glory days.
That all changed on Friday, November 14, 2025. IIL announced its Q2 FY26 results after market hours, and the reaction was electric: shares slammed into the 5% upper circuit, marking the second straight day of such gains. By close, the stock was locked at ₹25.36, signaling investor euphoria.
## Q2 FY26: Numbers That Scream Growth
If the share price pop was the appetizer, the earnings were the main course. Integrated Industries delivered a feast of financials that left analysts salivating:
- **Net Profit**: Skyrocketed 104% year-on-year (YoY) to ₹29.99 crore, up from ₹14.7 crore in Q2 FY25.
- **Revenue from Operations**: Climbed 54% YoY to ₹286.46 crore, compared to ₹186.61 crore last year.
- **EBITDA**: Exploded 109% to ₹30.7 crore, showcasing razor-sharp operational efficiency.
- **Total Expenses**: Rose a more modest 49% to ₹257.13 crore, keeping margins healthy.
Zoom out to the half-year picture (H1 FY26), and it's even rosier: Net sales jumped 64% to ₹536.72 crore, while net profit more than doubled to ₹54.66 crore. These figures aren't just incremental wins—they're proof of IIL's ability to scale amid economic headwinds.
Saurabh Goyal, the company's Managing Director, couldn't hide his enthusiasm in the earnings call. "We delivered a strong performance this quarter with revenue growing by 54% year-on-year... The consistent growth reflects robust consumer demand, operational excellence, and the successful integration of Nurture Well Foods," he said. Goyal also highlighted expansions in distribution, new product launches, and capacity upgrades to meet surging international orders.
In a sector where margins can be as thin as a wafer biscuit, IIL's ability to boost EBITDA by over 100% speaks volumes about cost controls and premium pricing power. It's a reminder that in FMCG, execution trumps hype every time.
## Why Monday Could Be a Game-Changer
So, why the Monday buzz? Simple: Momentum. The Q2 blockbuster has reignited interest in this forgotten multibagger, drawing in fresh capital from traders and long-term value hunters alike. With the stock already at upper circuit limits, expect high volumes and potential for further gains if sentiment holds.
Broader tailwinds are aligning too. India's FMCG sector is projected to grow at 9-10% annually through 2027, driven by urbanization and e-commerce penetration. IIL's export push could add another layer of alpha, especially as global demand for Indian bakery products rises. However, risks linger—commodity price volatility, competition from giants like ITC or Britannia, and the inherent choppiness of small-caps.
Analysts are cautiously optimistic, though specific targets remain scarce in early reactions. If IIL sustains this trajectory, it could reclaim its five-year highs and then some.
## The Bottom Line: A Multibagger's Second Act?
Integrated Industries proves that multibaggers aren't one-hit wonders—they're stories of resilience and reinvention. From a ₹0.05 paise stock to a ₹25+ contender, IIL's journey is a masterclass in spotting undervalued gems. As Monday unfolds, watch for breakout signals, but remember: High returns come with high risks. Do your due diligence, and perhaps keep an eye on this biscuit baker for your next snack-sized investment opportunity.
What do you think—time to load up, or wait for the dip? Drop your thoughts in the comments below!
*Disclaimer: This is not financial advice. Always consult a certified advisor before investing. Data as of November 16, 2025.*
