ABDL NSE filing

ABDL Q2FY27 Earnings Presentation: Sales volumes hit record 10 million cases

The RealCase readHigh impact Positive

Allied Blenders and Distillers Limited reported record Q2 FY27 sales volumes of 10 million cases. Income from operations rose 15.8% YoY to ₹1,152 crore, with PAT at ₹69 crore. Gross margins expanded to 45.3%. The company is investing in capex to enhance EBITDA margins by ~450 bps by FY29 and aims for mid-teen revenue growth.

Why it matters

The announcement details record sales, significant revenue growth, strategic investments in capacity expansion and margin improvement, and a clear roadmap for future growth, all of which are material to investors.

The market read

The company reported record sales volumes, increased revenue, improved gross margins, and a positive outlook for future growth and margin expansion, indicating a strong financial performance.

Allied Blenders and Distillers Limited (ABDL) announced its Q2 and H1 FY27 earnings presentation, highlighting a record quarterly sales volume of 10.0 million cases in Q2 FY27. This growth was driven by all four millionaire brands, with ICONiQ White showing a significant year-on-year increase of 20.6% to 3.2 million cases.

The company reported an Income from Operations of ₹1,152 crore for Q2 FY27, a 15.8% increase year-on-year. EBITDA stood at ₹143 crore, up 10.0%, and Profit After Tax (PAT) was ₹69 crore, a 9.7% rise. Gross Margin expanded by 90 basis points to 45.3% due to premiumization and backward integration benefits.

For H1 FY27, Income from Operations grew by 10.9% to ₹2,135 crore, with EBITDA at ₹263 crore and PAT at ₹114 crore. Total volume for H1 FY27 reached 19.1 million cases, an 8.7% increase year-on-year.

ABDL's strategy focuses on portfolio premiumization, backward integration for margin expansion and supply security, digitization, and building a high-performance team. The company aims to enhance EBITDA margins by approximately 300 basis points by FY28 and an additional 150 basis points by FY29 through its ongoing capex program. This program includes investments in new distilleries and bottling units across Telangana, Uttar Pradesh, Maharashtra, and Andhra Pradesh.

The company also highlighted the relaunch of Officer's Choice Blue with premium packaging and a refreshed identity, and the launch of 'The Indian Edit' premium whisky in September 2026. ABD Maestro, the company's super-premium to luxury portfolio, is expanding its presence in India and internationally, with 35+ global awards and recognitions.

Filing to action

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Allied Blenders and Distillers Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Allied Blenders and Distillers Limited. Read the original for the full detail.

View original filing