Vintage Coffee and Beverages Limited (VCBL) has unveiled ambitious plans to enhance its foothold in the international coffee market. The company has introduced a range of initiatives focused on increasing production capacity, broadening market presence, and offering enhanced value to its customers.
Balakrishna Tati, Chairman and MD of Vintage Coffee and Beverages Limited, says “VCBL remains committed to delivering excellence in quality and service while spearheading innovation and expansion in the global coffee market. We are excited about the journey ahead and look forward to continued success and growth.”
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In response to the growing global demand for coffee, VCBL plans to augment its production capacity by an additional 2000 MT, targeting an annual capacity of 6500 MT. This expansion initiative is set to commence in the coming months and is scheduled for completion by the end of Q4FY25. Furthermore, VCBL aims to elevate the utilization of its existing 4500 MTPA capacities to 100% by the end of Q2FY25, a significant increase from 52% in Q3FY24. The proceeds from the ongoing preferential share issue will support working capital needs and essential brownfield capital expenditures.
The planned brownfield expansion is projected to increase VCBL’s daily production capacity from 13 MT to 18 MT in the early stages of the fourth quarter of the current financial year. With this enhanced capacity, VCBL plans to shift its sales strategy towards providing value-added products under multiple certified brands.
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Additionally, VCBL is set to deploy advanced automated packaging lines for secure and efficient container handling. The company has secured substantial contracts in regions including the Middle East, Europe, Russia, and West Africa. Furthermore, VCBL plans to launch its proprietary brands in West Africa and Russia to leverage emerging market opportunities.
Furthermore, VCBL plans to expand into targeted segments of the Indian market, such as e-commerce, HORECA, and retail sectors. With these strategic initiatives underway, the company expects a 150% revenue growth by the conclusion of fiscal year 2025.
