Allied Blenders and Distillers

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• DebtHigh safetyRated AA- by India Ratings.
• ResultsMixedIn the Jun 2026 quarter, sales rose 6.1% and profit fell 20% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 81% of the company, about the same as in Jun 2025.
• ValuationExpensive vs its pastThe share trades at 85.3 times its yearly earnings (P/E), pricier than 82% of the time in the last 2 years. Its usual P/E is about 76.

Allied Blenders and Distillers against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)85.3 against a typical 39.7: pricier than most peers (1st = cheapest).24th of 27
• Sales growth+6.1% against a typical +11.8% from a year earlier.16th of 25
• Profit growth−19.6% against a typical +10.1% from a year earlier.14th of 20
• Share price, 3 months+8.6% against a typical −9.2%.4th of 28
• Size₹ 18,912.7 Cr. market value against a typical ₹ 419.4 Cr. (1st = largest).3rd of 24

Exchange filings and their impact on the company.

• 27 Oct 2026Press ReleaseHigh impactPositivePrice +1% on 28 Oct
  Record 10m-case quarter with 16% sales growth and two new plants commissioned supports double-digit growth ahead.

  Allied Blenders reported Q2FY27 income from operations of Rs 1,152 crore, up 15.8% year-on-year, on record quarterly volumes of 10.0 million cases. EBITDA was Rs 143 crore and PAT Rs 69 crore, or Rs 172 crore and Rs 91 crore excluding a Rs 29 crore supply-chain impact. The company also commissioned a 6 million-case bottling plant in Moradabad and a captive malt distillery in Rangapur in October 2026 and launched The Indian Edit premium whisky, strengthening in-house capacity and its premium portfolio.

  Full analysisFiling
• 27 Oct 2026Investor PresentationHigh impactPositivePrice +1% on 28 Oct
  Record 10 mn-case quarter with 15.8% sales growth and a path to 18% margins by FY28 supports ~30% underlying profit growth despite higher debt.

  Allied Blenders reported Q2FY27 income from operations of Rs 1,152 crore, up 15.8%, on record volumes of 10.0 million cases, with EBITDA of Rs 143 crore up 10% and PAT of Rs 69 crore up 9.7%. Excluding a Rs 29 crore supply-chain hit, like-to-like EBITDA rose 32.3% with margin at 14.9%, and India Ratings upgraded the company two notches to IND AA- Stable. The company reiterated mid-teens revenue growth and an EBITDA margin target of about 18% by FY28 driven by premiumisation and backward-integration capex.

  Full analysisFiling
• 27 Oct 2026Outcome of Board MeetingMedium impactPositivePrice +1% on 28 Oct
  Q2 revenue up 6.8% and PAT up 10% with margin pressure and higher debt for expansion.

  Allied Blenders reported Q2 FY27 consolidated revenue of Rs 2,085.7 crore, up 6.8% from last year, and net profit of Rs 69 crore, up 9.7%. First-half revenue grew 4.4% but profit dipped 3.6% as costs rose, while a change to straight-line depreciation saved about Rs 5 crore in the quarter. Borrowings rose to Rs 1,388 crore to fund expansion capex of Rs 352 crore in the half year.

  Full analysisFiling
• 22 Oct 2026Press ReleaseLow impactPositivePrice +0.6% that day
  ABD started its 4.4m-litre Telangana malt distillery to cut malt costs and build its future single malt.

  Allied Blenders and Distillers started commercial operations at its greenfield malt distillery at Rangapur, Telangana, with approved capacity of about 4.4 million bulk litres per year. The plant will make malt spirit in-house for its whisky portfolio, improving quality control and supply security. It also lets the company lay down malt for its own future single malt and support its Prestige & Above brands, completing an integrated hub with grain distillation, PET and bottling at Rangapur.

  Full analysisFiling
• 19 Oct 2026Press ReleaseLow impactPositivePrice −1.2% that day
  ABD started its 6 million-case Moradabad bottling plant to boost UP supply and cut costs.

  Allied Blenders and Distillers has started commercial operations at its Moradabad bottling facility in Uttar Pradesh with initial capacity of 6 million cases per year. The unit was acquired in January 2026 for about Rs 70 crore and upgraded with about Rs 40 crore investment. The plant will increase in-house bottling in UP, improve service efficiency and save franchise fees, as part of the company's planned over Rs 600 crore investment in the state including a new distillery.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Bina Kishore Chhabria

Non-Executive Non-Independent Co-Chairperson of the Board

Resham Chhabria Jeetendra Hemdev

Executive Vice Chairman of the Board

Shekhar Ramamurthy

Executive Deputy Chairman of the Board

Ramakrishnan Ramaswamy

Chief Financial Officer

Sumeet Maheshwari

Company Secretary and Compliance Officer

Amar Sinha

Managing Director, Additional Executive Director

Arun Barik

Executive Director

Monish Bhasin

Chief Revenue Officer