Small-Cap SME Stock Cellecor Gadgets Hits Upper Circuit After Q2 Earnings Surge – Is It in Your Portfolio?

Cellecor Gadgets, a small-cap stock, saw its share price rise by 5% on October 16, reaching a 52-week high of ₹71.80 after announcing strong Q2FY25 earnings. The stock opened at ₹67.35 and hit its upper circuit limit, but later dropped to ₹65.40, down 4.39% by 1:45 pm.

Strong Revenue and Profit Growth

On October 16, Cellecor Gadgets reported its highest-ever half-yearly sales of ₹425 crores in H1FY25, a 103.05% increase from ₹209.66 crore in the same period last year. The company’s profit after tax (PAT) also grew by 108.3% to ₹14.62 crore, while EBITDA jumped 98.67% to ₹25.31 crore compared to H1FY24.

Ravi Agarwal, the Managing Director, highlighted the company’s success in boosting sales and growing its value-added products. Cellecor Gadgets opened five exclusive stores and expanded through retail channels like Phone Wale and Hello Mobile. It also partnered with platforms like Flipkart and Cred to strengthen its online presence.

Future Expansion Plans

Cellecor is focusing on local production through its Make in India initiative and is planning to expand internationally into Nepal, Africa, and the Middle East. The company is also working on strengthening B2B partnerships and improving direct-to-consumer (D2C) channels. Collaborations with Kotak Bank are expected to enhance its payment solutions.

Stock Performance

Cellecor Gadgets’ stock has been performing well, rising for the seventh consecutive session. Year-to-date, the stock is up 125%. From a 52-week low of ₹15.04 in March, it has increased by 377% in about seven months.