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Business Standard
2 days ago
- Business
- Business Standard
Tilaknagar zooms 28% in 1 week. What's driving alcoholic beverage stock?
Tilaknagar Industries share price today Shares of Tilaknagar Industries surged 10 per cent to ₹436.30 on the BSE in Monday's intra-day trade amid heavy volumes after the company announced its fund raising plan. The stock was trading close to its 52-week high of ₹457.30 touched on January 3, 2025. In the past one week, the stock price of the Indian-Made Foreign Liquor (IMFL) manufacturer has zoomed 28 per cent, as compared to 0.30 per cent decline in the BSE Sensex. At 10:28 AM; Tilaknagar Industries was quoting 8.6 per cent higher at ₹431, as against 0.39 per cent rise in the benchmark index. The average trading volumes on the counter jumped over three-fold. A combined 8.64 million equity shares representing 4.5 per cent of total equity of Tilaknagar Industries changed hands on the NSE and BSE. Tilaknagar - Fund raising plan Tilaknagar Industries on Saturday, July 19, 2025 informed that a meeting of the board of directors of the company will be held on Wednesday, July 23, 2025, inter alia to consider the fund raising plan. In a regulatory filing, the liquor maker said the board will deliberate on issuing equity shares or a mix of financial instruments, including debentures, warrants, preference shares, or foreign currency convertible bonds. The raise could be executed through multiple channels like public offer, rights issue, preferential issue, qualified institutional placement (QIP), or private placement, depending on market conditions and regulatory permissions. Favourable Bombay High Court ruling - Tilaknagar Industries The Bombay High Court has ruled in favour of Tilaknagar Industries, restraining Allied Blenders & Distillers (ABDL) from launching the 'Mansion House' and 'Savoy Club' spirit brands across India. These orders have not only upheld the ownership and proprietary rights of Tilaknagar Industries under the trademarks Mansion House & Savoy Club, while allowing Tilaknagar Industries to continue its uninterrupted, exclusive use and sale of the brands Mansion House & Savoy Club, but have also restrained other entities such as UTO Nederland B V (UTO) & ABDL from using and/or launching the brand Mansion House & Savoy Club in all of India by protecting exclusive usage rights in favour of Tilaknagar Industries. ABDL has notified the exchange that they are exploring options to challenge the order in higher court and cannot ascertain any material financial impact at the moment. Tilaknagar - Management commentary post Q4 results The company's January to March 2025 quarter (Q4FY25) saw a very strong close to the year; with high volume and value-led growth. Quarterly growth was driven by resumption of strong performance in largest state of Andhra Pradesh (AP), both on year-on-year (YoY) and quarter-on-quarter (QoQ) terms. The Route to Market (RTM) change in AP is completed, and the management expects the company's performance in the state to continue its growth trajectory, in-line with the industry. AP has been well supported by the company's other Southern states, each of which have seen market share improvements. About Tilaknagar Industries Tilaknagar Industries (TI) is one of India's leading alcoholic beverage companies. The company has over the years transformed in to a major player in the India Made Foreign Liquor (IMFL) industry having a manufacturing footprint of 19 units across 12 states. TI's brand portfolio straddles multiple categories, featuring two 'Millionaire' brandy brands - Mansion House and Courrier Napoleon- along with a strong presence in whisky, rum, and gin through Mansion House Whisky, Madiraa Rum and Blue Lagoon Gin. Recently, TI has expanded into the luxury segment with Monarch Legacy Edition Brandy.
Economic Times
17-06-2025
- Business
- Economic Times
Allied Blenders to expand in global markets, increase premium offerings
Representative Image Home-grown Allied Blenders and Distillers Ltd (ABDL) is broadening its portfolio in the super-premium to luxury categories, with its 'build, buy and partner' strategy as part of its global ambitions, according to the company's latest annual report."We will continue to broaden our portfolio through this strategy, enhance consumer experiences and reinforce the Indian brand footprint in export markets," its Chairman Kishore R Chhabria said while addressing the shareholders of the market landscape now presents 'significant opportunities' driven by a growing demand for premium offerings. "This trend of premiumisation is reshaping the entire value chain from innovative product launches and enhanced retail visibility to exciting customer experiences," he said, adding that this "presents a timely opportunity for brands to elevate and differentiate". This is led by key factors like rising disposable incomes, rapid urbanisation, digital influence through social media and favourable demographic shifts, Chhabria said. "Our Company has adopted a strategy to build, buy and partner, enabling us to capitalise on these trends and expand our portfolio offerings in the Super-Premium to Luxury categories. We will continue to broaden our portfolio through this strategy, enhance consumer experiences and reinforce the Indian brand footprint in export markets," he with an established portfolio of brands with international appeal, ABDL will continue to focus on consumer satisfaction in India and expand globally, he its Managing Director Alok Gupta, said that in FY25, ABDL expanded exports to 23 countries from 14 countries in FY24. "We are increasing our presence in the high-growth markets of Africa and now recently in the US," said Gupta, adding, "Our newest Millionaire Brand ICONiQ White has already been successfully launched in five countries". Looking ahead, ABDL plans to export its Zoya gin, its first luxury product, to be exported to the UAE market in the first quarter of FY26. "We have also secured necessary approvals to back all of our export and market expansion plans for exporting products to Canada and the European Union (EU) market," it the recently announced India's free trade agreement with the UK, Gupta said it will further help in improving the margins."The expected UK FTA will further help margins by reducing Scotch import duties, while overdue normalisation in the key southern state should give our balance sheet a further boost," he said. As per the India-UK free trade agreement, announced earlier this month, India will reduce duty on UK whisky and gin from 150 per cent to 75 per cent and further to 40 per cent in the tenth year of the deal. This is the second annual report of the Chhabria family-promoted firm, which was listed in July 2024. In FY25, ABDL's consolidated income from operations rose 6.2 per cent to Rs 3,541 crore, driven by strong growth in the Prestige & Above category and well supported by the high-margin mass premium category.
Time of India
17-06-2025
- Business
- Time of India
Allied Blenders to expand in global markets, increase premium offerings
Allied Blenders and Distillers Ltd is expanding its super-premium and luxury portfolio through a 'build, buy, and partner' strategy, aiming for global growth. Driven by premiumisation trends and rising disposable incomes, ABDL is increasing exports, now reaching 23 countries, including expansion into the US and Africa. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Cons. Products 1. Indian whiskies dominate global charts, claim over half of world's top 20 brands Tired of too many ads? Remove Ads Home-grown Allied Blenders and Distillers Ltd (ABDL) is broadening its portfolio in the super-premium to luxury categories, with its 'build, buy and partner' strategy as part of its global ambitions, according to the company's latest annual report."We will continue to broaden our portfolio through this strategy, enhance consumer experiences and reinforce the Indian brand footprint in export markets," its Chairman Kishore R Chhabria said while addressing the shareholders of the market landscape now presents 'significant opportunities' driven by a growing demand for premium offerings."This trend of premiumisation is reshaping the entire value chain from innovative product launches and enhanced retail visibility to exciting customer experiences," he said, adding that this "presents a timely opportunity for brands to elevate and differentiate".This is led by key factors like rising disposable incomes, rapid urbanisation, digital influence through social media and favourable demographic shifts, Chhabria said."Our Company has adopted a strategy to build, buy and partner, enabling us to capitalise on these trends and expand our portfolio offerings in the Super-Premium to Luxury categories. We will continue to broaden our portfolio through this strategy, enhance consumer experiences and reinforce the Indian brand footprint in export markets," he with an established portfolio of brands with international appeal, ABDL will continue to focus on consumer satisfaction in India and expand globally, he its Managing Director Alok Gupta, said that in FY25, ABDL expanded exports to 23 countries from 14 countries in FY24."We are increasing our presence in the high-growth markets of Africa and now recently in the US," said Gupta, adding, "Our newest Millionaire Brand ICONiQ White has already been successfully launched in five countries".Looking ahead, ABDL plans to export its Zoya gin , its first luxury product, to be exported to the UAE market in the first quarter of FY26."We have also secured necessary approvals to back all of our export and market expansion plans for exporting products to Canada and the European Union (EU) market," it the recently announced India's free trade agreement with the UK, Gupta said it will further help in improving the margins."The expected UK FTA will further help margins by reducing Scotch import duties, while overdue normalisation in the key southern state should give our balance sheet a further boost," he per the India-UK free trade agreement , announced earlier this month, India will reduce duty on UK whisky and gin from 150 per cent to 75 per cent and further to 40 per cent in the tenth year of the is the second annual report of the Chhabria family-promoted firm, which was listed in July FY25, ABDL's consolidated income from operations rose 6.2 per cent to Rs 3,541 crore, driven by strong growth in the Prestige & Above category and well supported by the high-margin mass premium category.
