multibagger stock

Multibagger stock Spice Lounge Food Works performed tremendously in the stock market on Thursday, December 12. The company's shares reached the upper circuit of 5% and closed at ₹ 50.08. This rise was seen at a time when recovery was seen in the Indian markets after the 25 basis point rate cut by the US Federal Reserve. Although Sensex and Nifty slipped 0.3% in the initial fall, but later the market stabilized.

Spice Lounge has been the brightest star in the SME segment this year. The stock has given returns of almost 800% to investors in the last one year, making it among the top multibagger stocks of 2025. The stock is still down about 30% from its 52-week high of ₹72.20, but up 796% from its 52-week low of ₹5.59 made in December last year. Its returns in the last 5 years have been around 4,200%. The stock has also shown strong momentum in recent months, gaining 103% in 6 months, 11% in 3 months and 7% in the last one month.

Wing Zone's master franchise will provide major expansion

The company has recently made a big deal. According to a press release issued on December 4, Spice Lounge has acquired the exclusive master franchise rights in India for global QSR brand Wing Zone. Wing Zone is popular across the world for its chicken items and unique flavours. With this partnership, the company wants to strengthen its foot in the rapidly growing Indian fast-food market. India's first Wing Zone outlet will open in Koramangala, Bengaluru in January 2026. After this, more outlets will be started in Bengaluru, Hyderabad and Chennai, then expanded to other big cities.

Strong earnings in Q2FY26, profit jumped 300%

• The company's results for the quarter ending September 2025 were very strong.
• Net profit increased by 300% to ₹3.4 crore
• Revenue increased by 158% to ₹46.20 crore
• EBITDA increased to ₹4.15 crore

Total income ₹49 crore

Spice Lounge Food Works was earlier Shalimar Agencies and is active in food business along with IT services. The company operates brands such as Buffalo Wild Wings, Wing Zone and Blaze Kebabs. Its headquarters is in Hyderabad.