Piccadily Agro Industries
- Market cap
- ₹ 5,342 Cr.
- P/E
- 39.7x
- P/B
- 6.03x
- 52-week range
- 515 – 809.7
- ROE
- 17%
- ROCE
- 18%
- Dividend yield
- 0.2%
- Debt / equity
- 0.59
- Sector
- Beverages
- Industry
- Breweries & Distilleries
- Listed on
- NSE, BSE
About
Piccadily Agro Industries Limited is an India-based company. It manufactures White Crystal Sugar from Sugar cane cultivated in the surrounding rural areas and Rectified Spirit, Carbon dioxide Gas, Extra Neutral Alcohol (ENA) from Molasses/ Rice / Wheat, Malt, Pet. Its segments include Sugar and Distillery. The Sugar segment includes products, such as Sugar, Molasses, Power, and Bagasse. The Distillery segment includes products, such as Liquor, Malt, Carbon dioxide Gas and Ethanol. The Company owns alcoholic beverage brands across premium and mass categories and operates integrated sugar and distillery facilities.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Breweries & Distilleries: 28 companies →Piccadily Agro Industries 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)39.7 against a typical 39.7: in line than most peers (1st = cheapest).14th of 27
- Sales growth+17.3% against a typical +11.8% from a year earlier.10th of 25
- Profit growth+16.7% against a typical +10.1% from a year earlier.8th of 20
- Share price, 3 months−22.5% against a typical −9.2%.24th of 28
- Size₹ 5,342 Cr. market value against a typical ₹ 419.4 Cr. (1st = largest).5th of 24
Latest announcements
Exchange filings and their impact on the company.
- Indri launched a 600-bottle Diwali Collector's Edition 2026 to boost luxury brand prestige with negligible near-term sales.
Piccadily Agro unveiled the Indri Diwali Collector's Edition 2026, a Ruby Port Cask single malt at 50% ABV for India and 58.5% for duty-free, on 8 October 2026. The domestic release is limited to just 600 individually numbered 700ml bottles across Gurugram, Chandigarh and Bengaluru from mid-October, following a London debut. The expression has already won Double Gold with 96 points at USA Spirits Ratings 2026 and Golds at World Whisky Masters, New York and Asia competitions. With such tiny volume the near-term sales impact is negligible, but it reinforces Indri's luxury positioning as India's largest-selling luxury single malt.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | Stable | 14 Oct 2026 |
| Infomerics | IVR A | Stable | 23 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 14 Oct 2026 | New rating | — | High | CRISIL | ₹ 400 Cr. | |
| 23 May 2026 | ▲ Upgrade | IVR A | — | Infomerics | ₹ 402.73 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 18 Aug 2026 | Dividend | To consider and recommend dividend |
| 11 Aug 2026 | Financial Results | Prior Intimation regarding Board Meeting to consider and approve Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter ended on 30th June, 2026 |
| 28 Apr 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 6 Mar 2026 | Other business matters | Prior Intimation regarding Board Meeting to consider and approve allotment of 2092 equity shares of Rs.10/-each to the Eligible Employees/Grantees pursuant to the exercise of Options granted under Piccadily Agro Employee Stock Option Plan 2024 |
| 21 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 7 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 178 | 269 | 196 | 185 | 182 | 255 | 214 | 212 | 276 | 335 | 251 |
| Expenses | 90 | 143 | 202 | 168 | 143 | 135 | 190 | 176 | 166 | 199 | 264 | 207 |
| Operating Profit | 24 | 34 | 67 | 28 | 42 | 48 | 66 | 38 | 46 | 78 | 71 | 44 |
| OPM % | 21% | 19% | 25% | 14% | 23% | 26% | 26% | 18% | 22% | 28% | 21% | 17% |
| Other Income | 0 | 29 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 1 | 4 | 3 |
| Interest | 5 | 3 | 4 | 4 | 5 | 9 | 9 | 9 | 7 | 6 | 7 | 9 |
| Depreciation | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 10 |
| Profit before tax | 15 | 57 | 59 | 20 | 33 | 36 | 54 | 25 | 35 | 68 | 63 | 28 |
| Tax % | 26% | 21% | 27% | 29% | 25% | 32% | 26% | 26% | 26% | 29% | 28% | 24% |
| Net Profit | 11 | 44 | 43 | 13 | 25 | 25 | 40 | 18 | 27 | 48 | 45 | 21 |
| EPS in Rs | 1.18 | 4.7 | 4.59 | 1.39 | 2.61 | 2.63 | 4.23 | 1.94 | 2.71 | 4.84 | 4.53 | 2.18 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 14%
- 5 Years
- 16%
- 3 Years
- 20%
- TTM
- 29%
- 10 Years
- 57%
- 5 Years
- 50%
- 3 Years
- 83%
- TTM
- 30%
- 10 Years
- 54%
- 5 Years
- 106%
- 3 Years
- 95%
- TTM
- —
- 10 Years
- 15%
- 5 Years
- 19%
- 3 Years
- 21%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Piccadily Agro Industries | ₹ 566.90 | ₹ 5,342 Cr. | 39.7x | 6x | 17% | — |
| Nestle India | ₹ 1,173.45 | ₹ 2,26,278 Cr. | 80.4x | 53.4x | 76.3% | 15.1% |
| Britannia Industries | ₹ 4,547.80 | ₹ 1,09,542 Cr. | 51.5x | 25.5x | 53.6% | 13.3% |
| Tata Consumer Products | ₹ 960.00 | ₹ 95,010 Cr. | 67.4x | 4.9x | 7.4% | 8.1% |
| Godrej Industries | ₹ 918.00 | ₹ 30,884 Cr. | 34.9x | 4x | 11.6% | 10.9% |
| Patanjali Foods | ₹ 351.00 | ₹ 38,193 Cr. | 18.9x | 2.8x | 14.8% | 4.5% |
Management
- Natwar Aggarwal
- Chief Financial Officer
- Niraj Kumar Sehgal
- Company Secretary, Compliance Officer
- Harvinder Singh Chopra
- Managing Director, Director
- Jai Parkash Kaushik
- Wholetime Director
Prices are delayed and for information only. Nothing on this page is investment advice.