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Elitecon International Targets West Asia, Africa and ASEAN Expansion
Elitecon International wants to grow its business in several overseas regions.
These include West Asia, Africa and ASEAN markets.
The company trades in consumer goods and electronics, and also works in tobacco, edible oil and agro-processing.
It is considering partnerships with foreign companies.
These partnerships could help make products in other countries and bring new products or skills to India.
Elitecon said its revenue grew sharply in FY26.
Its profit also increased during the year.
The company is expanding facilities and distribution networks to serve Indian and export markets.
Elitecon International plans to expand FMCG and electronics trading across West Asia, Africa and ASEAN markets.
The company is exploring overseas joint ventures to manufacture products abroad and bring foreign capabilities to India.
Elitecon reported FY26 consolidated revenue of ₹5,075 crore, up from ₹549 crore in FY25.
Consolidated net profit rose to ₹185 crore in FY26 from ₹70 crore the previous year.
Acquisitions of Sunbridge Agro and Landsmill Agro expanded the company’s edible-oil and agro-processing operations.
- Who
- Elitecon International, led by Managing Director Pradeep Kumar.
- What
- The company plans international trading expansion, overseas joint ventures and increased tobacco and edible-oil capacity.
- Where
- The expansion targets West Asia, Africa, ASEAN and Europe, while capacity is being developed at facilities in Kandla and Mathura.
- When
- The plans and FY26 results were reported on September 24, 2026.
- Why
- Elitecon aims to expand its international presence, meet domestic demand and create capacity for export markets.
Key facts
- FY26 revenue
- ₹5,075 crore, compared with ₹549 crore in FY25
- FY26 net profit
- ₹185 crore, compared with ₹70 crore in FY25
- Target markets
- West Asia, Africa, ASEAN and Europe
- Business areas
- Tobacco, allied products, edible oil, agro-processing, FMCG and electronics trading
- Overseas subsidiaries
- Subsidiaries in the UAE and Singapore completed a full year of operations during FY26
- Recent acquisitions
- Sunbridge Agro and Landsmill Agro
- Indian facilities
- Refining and processing capacity is being expanded at Kandla and Mathura
Sources
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