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Business Standard
9 hours ago
- Business
- Business Standard
Tilaknagar Inds rallies after Q1 PAT soars 120% to Rs 89 cr
Tilaknagar Industries jumped 5.99% to Rs 500 after the company reported a 120.8% surge in consolidated net profit to Rs 88.51 crore on a 30.6% increase in revenue from operations (excluding excise duty) to Rs 409.14 crore in Q1 FY26 over Q1 FY25. Profit before tax (PBT) surged 121.1% YoY to Rs 88.62 crore during the quarter. EBITDA stood at Rs 94.5 crore in Q1 FY26, registering a growth of 88%, compared with Rs 50.2 crore in Q1 FY25. EBITDA margin was at 23.1% in Q1 FY26 as against 16% in Q1 FY25. The company registered a volume growth of 26.5% YoY, with market share improvement for TI in each of the key markets. Amit Dahanukar, chairman & managing director, said, "Q1 FY26 marked our strong and consistent industry-beating growth. We have delivered a YoY growth of 26.5% in volumes and 30.6% in net revenue. Adjusted for subsidy income of INR 38.6 crore, the net revenue growth was still robust at 20.5%. The Southern region has seen strong growth momentum in Q1 with market share improvement in each of the key markets. Our EBITDA (excluding subsidy income) has grown by 25.0%. Our acquisition of the Imperial Blue business division from Pernod Ricard India is subject to CCI approval, which we expect to receive by the end of calendar year 2025. The acquisition is being made on a slump sale basis, for a lump sum consideration basis enterprise value of approximately EUR 413 mn. This includes a normalized working capital of ~EUR 70 mn and a deferred consideration of EUR 28 mn, payable at the end of 4 years, i.e., in FY30. The consideration would be subject to certain closing adjustments. Additionally, during the quarter, the Honble Bombay High Court has upheld TIs ownership of the Mansion House and Savoy Club trademarks, ensuring continued, uninterrupted, and exclusive sale under these brands. We would also like to announce that the Board has approved an investment of INR 59 crore, including the license fees and interest payments of around Rs 34 crore for expansion at Prag Distillery, increasing the capacity from 6 lakh to 36 lakh cases p.a. Meanwhile, the companys board has approved a capital expenditure of Rs 25 crore for its wholly owned subsidiary, Prag Distillery, to expand its bottling capacity. The project will boost Prags capacity from about six lakh cases per year to 36 lakh cases per year, adding 30 lakh cases. The current facility is running at nearly 100% usage, and the expansion should be finished within the next 12 months. Tilaknagar Industries (TI) is one of Indias leading alcoholic beverage (alcobev) companies. It is engaged in the business of manufacturing and selling Indian-made foreign liquor and its related products.
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Business Standard
12 hours ago
- Business
- Business Standard
Tilaknagar Industries rallies 7% post Q1 nos; should you buy, sell or hold?
Tilaknagar Industries share price: Tilaknagar Industries share price was buzzing in trade on Tuesday, August 12, 2025, with the scrip rising as much as 8.45 per cent to an intraday high of ₹511.65 per share. At 10:10 AM, Tilaknagar Industries share price was trading 6.86 per cent higher at ₹504.10 per share. In comparison, BSE Sensex was trading 0.43 per cent higher at 80,948.63 levels. Why did Tilaknagar Industries share price rise today? Tilaknagar Industries share price rose on the back of strong June quarter of financial year results (Q1FY26). Tilaknagar Industries reported its highest-ever quarterly Ebitda in Q1FY26, with a strong net cash position of ₹163 crore as of June 2025. Its revenue rose 30.6 per cent year-on-year (Y-o-Y) to ₹409.1 crore from ₹313.2 crore, supported by a 26.5 per cent Y-o-Y volume growth and market share gains across key markets. Even after adjusting for a ₹38.6 crore subsidy income, revenue growth stood at 20.5 per cent. At the operating level, Ebitda surged 88 per cent to ₹94.5 crore from ₹50.2 crore; excluding subsidy income, it came in at ₹55.8 crore, marking a 25 per cent Y-o-Y increase. Ebitda margin improved 55 basis points (bps) to 15.1 per cent, compared with 14.5 per cent last year. The company's profit after tax (excluding exceptional items) soared 120.8 per cent to ₹88.5 crore from ₹40.1 crore; excluding subsidy, PAT rose 44.5 per cent Y-o-Y. Reported diluted EPS stood at ₹4.54 per share. The Board also approved investment of ₹59 crore, including the licence fees and interest payments of around ₹34 crore for expansion at Prag Distillery, increasing the capacity from 6 lakh to 36 lakh cases p.a.' Amit Dahanukar, chairman and managing director, said, 'Q1FY26 marked our strong and consistent industry beating growth. We have delivered a Y-o-Y growth of 26.5 per cent in volumes and 30.6 per cent in net revenue. Adjusted for subsidy income of ₹38.6 crore, the net revenue growth was still robust at 20.5 per cent. The Southern region has seen strong growth momentum in Q1 with market share improvement in each of the key markets. Our Ebitda (excluding subsidy income) has grown by 25.0 per cent.' Dahanukar added, 'Our acquisition of the Imperial Blue business division from Pernod Ricard India is subject to CCI approval, which we expect to receive by end of calendar year 2025. The acquisition is being made on a slump sale basis, for a lump sum consideration basis enterprise value of ~Euro 413 million. This includes a normalised working capital of ~Euro 70 mn and a deferred consideration of Euro 28 million, payable at the end of 4 years, i.e. in FY30. The consideration would be subject to certain closing adjustments. Additionally, during the quarter, the Hon'ble Bombay High Court has upheld TI's ownership of Mansion House and Savoy Club trademarks ensuring continued, uninterrupted and exclusive sale under these brands.' What analysts' suggest? According to Ravi Singh, SVP of retail research at Religare Broking, Tilaknagar Industries has been trading in an uptrend since April. Recently, the stock gave a breakout above its all-time high of ₹460. On the daily charts, it is showing strong upside momentum, supported by a notable volume spike, and remains positive toward the ₹600 level if it sustains above the ₹515–₹520 zone. With the RSI at 67, continued trading at higher levels with strong volumes could unlock further upside potential. 'Accordingly, investors and traders are advised to buy above ₹515 for a target of ₹600-₹620, with a strict stop loss placed below ₹465,' Singh suggested. 'Tilaknagar Industries has rallied 50 per cent in the past month, rising from its July 11 low of ₹337,' said Sudeep Shah, vice president of technical research at SBI Securities. 'The stock took support from its 20-DEMA in the ₹460-465 zone and opened with a sharp gap-up today. On July 29, it hit a high of ₹524, with RSI peaking at 89 before cooling to 60. After minor profit booking, it attempted to retest the ₹524 level but faced resistance at ₹520, triggering another round of selling. At that point, the ADX peaked at 70.75, indicating an overbought zone.' Shah added, 'The ₹520-525 range remains a key resistance. A decisive close above this could extend the rally toward ₹555-560. However, if the stock falls below ₹490, it may fill the gap to ₹476 and even slide to ₹460, where the next support lies. Traders should exercise caution before taking fresh long positions at current levels.' About Tilaknagar Industries Tilaknagar Industries, one of India's leading alcoholic beverage companies, boasts a legacy of over 90 years. Established in 1933 by Mahadev L Dahanukar as Maharashtra Sugar Mills, the company has evolved into a key player in the India Made Foreign Liquor (IMFL) segment, with 21 manufacturing units across 12 states. Its portfolio spans multiple categories, led by two 'Millionaire' brandy labels – Mansion House and Courrier Napoleon – alongside popular offerings in whisky, rum, and gin such as Mansion House Whisky, Madiraa Rum, and Blue Lagoon Gin. The company has also entered the premium space with Monarch Legacy Edition brandy and holds strategic stakes in Spaceman Spirits Lab (Samsara Gin, Sitara Rum, Amara Vodka) and Round The Cocktails (Bartisans cocktail mixers). In FY25, Tilaknagar Industries recorded sales volumes of 11.91 million cases.
Business Upturn
30-07-2025
- Business
- Business Upturn
Why are Tilaknagar Industries shares down 5% today? Details here
Tilaknagar Industries Ltd (NSE: TI) saw its shares fall 5% in Wednesday's trade following a major fundraising announcement. As of 9:54 AM, the shares were trading 3.88% lower at Rs 490.25. The company's board has approved a preferential issue of securities, including equity shares and warrants, to raise approximately ₹2,296 crore. The issue price has been set at ₹382 per security, representing a discount of nearly 25% to the current market price, which triggered investor concerns and a negative reaction on the stock. The preferential allotment is being offered to 44 investors, including promoters and other existing institutional stakeholders. One of the most significant aspects of this issue is the participation of the promoter group, with Mr. Amit Dahanukar, the company's Chairman and Managing Director, subscribing to warrants worth around ₹306 crore. This move is being seen as a strong show of confidence in the company's future prospects. Tilaknagar Industries plans to use the proceeds from this capital raise primarily for acquiring the Imperial Blue business division, a strategic expansion that could bolster its product portfolio and market share in the competitive IMFL space. A part of the funds will also be allocated for general corporate purposes. The company stated that this preferential issue, coupled with an upcoming debt raise, is part of a balanced financing strategy to fund the acquisition and drive long-term growth. Tilaknagar Industries shares opened at ₹499.00 and touched a high of ₹517.25 during the day, while the low was ₹481.00. The stock had closed at ₹510.05 in the previous session. Its 52-week range spans from a low of ₹199.53 to a high of ₹524.00. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
29-07-2025
- Business
- Time of India
Tilaknagar to raise Rs 2,296 crore via preferential issue for Imperial Blue buy
Tilaknagar Industries said its board has approved a preferential issue of securities (equity shares and warrants) worth Rs 2,296 crore to fund its recent acquisition of Imperial Blue whiskey from Pernod Ricard. The issue price will be Rs382 per security and 44 investors are participating in this issue, including promoters and existing investors. On Tuesday, Tilaknagar's share rose 0.27% to close Rs 510.45 a piece. Explore courses from Top Institutes in Please select course: Select a Course Category Healthcare MBA Product Management Technology Degree CXO others Data Science Project Management Public Policy Finance Artificial Intelligence Cybersecurity PGDM Management Design Thinking Operations Management MCA Data Analytics healthcare Data Science Leadership Others Digital Marketing Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details 'Of these, nine investors are subscribing through equity shares, contributing approximately Rs549 crore. The remaining 35 investors are participating through warrants, raising around Rs1,747 crore,' it said in its filing. As per the terms, Rs437 crore or a quarter of the warrants issue size will be payable at the time of allotment of warrants, while the balance Rs1,310 crore will be received upon conversion into equity shares. While the promoter group is participating in the issue led by Amit Dahanukar , who will subscribe warrants worth Rs306 crore, other investors include Axana Estates LLP, SMALLCAP World Fund Inc, TIMF Holdings, Funds managed by Abakkus Asset Manager Private Limited, Bandhan Mutual Fund , Arpit Khandelwal, among high-net-worth individuals. Last week, Tilaknagar signed an agreement to acquire Imperial Blue for about Rs4150 crore in an all-cash deal, entering the whiskey segment which accounts for about two-thirds of India's spirits market. Tilaknagar, which sells Mansion House brandy, had said it will raise upto Rs6500 crore, including upto Rs2,500 crores in equity or equity linked securities and the remaining in debt securities in one or more tranches.
Yahoo
24-07-2025
- Business
- Yahoo
Pernod Ricard to sell Imperial Blue arm to India's Tilaknagar Industries
Pernod Ricard has agreed to the sale of its Imperial Blue whisky business to India's Tilaknagar Industries. The deal, announced yesterday (24 July) after weeks of speculation, gives the assets an enterprise value of €412.6m ($485.4m), Tilaknagar Industries said in a stock-exchange filing. Tilaknagar Industries said the acquisition was the 'largest in the Indian alcoholic beverages space by an Indian company'. In a statement, Pernod Ricard said the deal 'strengthens' its portfolio in the country, 'enabling the business to fully tap into premiumisation trends and support sustained, profitable growth'. Jean Touboul, the CEO of Pernod Ricard's business in India, said the sale will allow the Absolut vodka owner to 'unlock further profitable growth and sharpen its focus on premiumisation and innovation'. The agreement, which includes a €28m deferred payment due four years after the closing of the deal, covers "two owned units and services from co-manufacturing bottlers across India", Tilaknagar Industries added. The deal, the business said, 'fast-tracks its foray" into India's whisky segment, which it described as "the largest IMFL [Indian-made foreign liquor] category in India". The group, which markets brands including Mansion House whisky and Madiraa rum, said Imperial Blue is the third largest whisky brand in India by volume. The business changing hands reported revenue of Rs30.67bn ($355.1m) for the year to the end of March, selling 22.4 million nine-litre cases. Tilaknagar Industries added the acquisition 'significantly expands' its distribution reach, 'reinforcing its evolution into a truly pan-India player', with 'strong scale' across both brandy and whisky. 'Having achieved leadership in the brandy segment, it is now time for us tobroaden our portfolio and cater to India's diverse and evolving consumer base," Tilaknagar Industries chairman and MD Amit Dahanukar said. "While we continue to grow our business organically, this strategic acquisition allows us to enter the whisky category with one of the country's most trusted and admired brands.' "Pernod Ricard to sell Imperial Blue arm to India's Tilaknagar Industries " was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
