Leading Indian-Made Foreign Liquor (IMFL) manufacturer, Tilaknagar Industries Limited (TI) (BSE: 507205) (NSE: TI), has reported a net revenue from operations of INR 409.1 crore in the quarter ended June 30, 2025, up 30.6 per cent from the INR 313.2 crore reported in the year-ago quarter. Adjusted for subsidy income of INR 38.6 crore, the net revenue growth stands at 20.5 per cent.
During the quarter under reference, the profit after tax (PAT) excluding exceptional items rose 120.8 per cent to Rs 88.5 crore from INR 40.1 crore. Adjusted for subsidy, PAT grew 44.5 per cent over the corresponding quarter last year.
In volume terms, the company's sales showed a substantial increase of 26.5 per cent year-on-year with market share improvement in each of the company's key markets.
The earnings before interest, tax, depreciation and amortisation (EBITDA) rose to INR 94.5 crore from INR 50.2 crore in the year-ago period, marking an increase of 88 per cent. This is the highest-ever quarterly EBITDA reported by TI. Adjusted for subsidy income, EBITDA stands at Rs 55.8 crore, up 25 per cent Y-o-Y.
The Board of Directors of TI has approved an investment of INR 59 crore, including the licence fees and interest payments of nearly INR 34 crore, for a six-fold capacity expansion of its wholly-owned subsidiary, Prag Distillery (P) Ltd, based in Andhra Pradesh. The proposed expansion of the distillery will raise Prag's existing bottling capacity from six lakh cases to 36 lakh cases per annum. The expanded Prag Distillery would be able to meet almost 50 per cent of the aggregate demand of TI brands in the state.
Mr. Amit Dahanukar, Chairman and Managing Director, Tilaknagar Industries said, "The upcoming expansion marks a significant step in our journey to strengthen our manufacturing capabilities and meet the growing demand of our globally-acclaimed brands such as Mansion House Brandy and Courrier Napoleon Brandy in the state."
TI recently announced reaching a definitive agreement with Pernod Ricard India to purchase India's third-largest whisky brand Imperial Blue for a lumpsum consideration of INR 4,150 crore, subject to approval by the Competition Commission of India. The proposed acquisition will be the largest transaction in the Indian alco-beverage space, by an Indian company. For the year ended March 2025. Imperial Blue achieved a sales volume of 22.4 million cases, translating into a nine per cent volume share in India's whisky market. The brand, which is a superior blend of Indian grain spirit and imported Scotch malts, is a consumer favourite in 27 states and union territories across India.
Shares of Tilaknagar Industries Limited was last trading in BSE at Rs. 471.75 as compared to the previous close of Rs. 468.85. The total number of shares traded during the day was 69080 in over 1524 trades.
The stock hit an intraday high of Rs. 478.70 and intraday low of 465.35. The net turnover during the day was Rs. 32652408.00. |
