Latest news with #MansionHouseBrandy
Business Upturn
23-07-2025
- Business
- Business Upturn
Tilaknagar Industries to acquire Imperial Blue business division from Pernod Ricard for Rs 4,150 crore
Tilaknagar Industries (TI), a key player in India's alcoholic beverages space, is making headlines with a landmark acquisition. The company has signed a definitive agreement to buy the Imperial Blue whisky business division from Pernod Ricard India for approximately ₹4,150 crore (€412.6 million), through a slump sale deal. A part of the payment—€28 million (around ₹282 crore)—will be deferred and paid four years after the deal closes. This acquisition marks TI's biggest move yet, helping the company enter the whisky market in a big way. Imperial Blue, the third-largest whisky brand in India by volume, sold 22.4 million 9-litre cases in FY25 and generated revenue of ₹3,067 crore. The deal also includes two owned manufacturing units and access to several co-manufacturing partners across India. Best known for its popular Mansion House Brandy, Tilaknagar Industries now aims to scale its presence across both the brandy and whisky segments, with a combined annual volume of 34 million cases. The acquisition fast-tracks TI's goal of becoming a major whisky player and expanding its distribution footprint pan-India. TI will use a mix of debt and equity to fund the acquisition, which is subject to CCI approval and is expected to close in six months. Deutsche Bank and Avendus Capital advised the deal, with legal and diligence support from Crawford Bayley, W.S. Kane, and Deloitte. 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
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Business Standard
12-06-2025
- Business
- Business Standard
Tilaknagar, Radico gain upto 11%; why are these liquor stocks rising today?
Tilaknagar Industries, Radico Khaitan shares today Shares of liquor companies, Tilaknagar Industries (TI) and Radico Khaitan, rallied up to 11 per cent on the BSE in Thursday's intraday trade, amid heavy volumes, as inventory for rice touched record levels, while that for wheat surged to a four-year high. Higher inventory levels of rice and wheat augur well for liquor companies as it lowers the input cost for the industry, according to analysts. Today's rally in share prices of TI and Radico Khaitan have helped them recoup all of their losses recorded on Wednesday. Among individual stocks, share price of Tilaknagar Industries, the maker of Mansion House Brandy, India;s largest and world's second largest selling brandy, surged 11 per cent to ₹379.10 in the intraday trade today. Average trading volume on the counter more-than-doubled with a combined 5.69 million shares changing hands on the NSE and BSE. On Wednesday, the stock had fallen 5 per cent. Shares of Radico Khaitan, meanwhile, gained 4 per cent to ₹2,652 in the intraday trade today, erasing its entire 3.7 per cent decline recorded on Wednesday. In comparison, the BSE Sensex was down 0.34 per cent at 82,235 at 10:50 AM. India's rice stocks hit record high, wheat reserves strongest in 4 years According to reports, India's rice stocks in the government warehouses rose 18 per cent from a year ago to a record high at the start of June, while wheat stocks hit their highest level in four years on higher procurement from farmers. State reserves of rice, including unmilled paddy, totalled record 59.5 million metric tonnes of as of June 1, 2025, exceeding the government's target of 13.5 million tonne for July, 1, Reuters reported. Brokerages view on liquor stocks Analysts believe an increase in the production of rice will lead to the improvement in supply of broken rice and reduce the prices in the near-term. This will reduce stress on the gross margins for liquor companies in the coming quarters due to lower procurement cost. "The Indian Made Indian Liquor (IMIL) segment's growth is expected to be driven by a growing consumer base, rising rural incomes, consumption, conversion from illicit/toddy to IMIL with increasing awareness about health and quality, conducive regulatory policies and population growth. In the short run, the IMIL industry could benefit from lower discretionary incomes, which would push up demand for lower-priced liquor," according to Mirae Asset Sharekhan. The government is targeting to achieve a 20 per cent ethanol blending by 2025, which would result in higher demand for grain-based molasses in the coming years, it added. Meanwhile, over the last couple of years, the spirits industry has been grappling with significant raw material inflation, leading to shrinking profitability margins. "Any rise in cost of raw materials e.g., molasses and grains or packing materials e.g., glass, packaging material may affect the margins of the Company. Dependence on any supplier may expose the company to supply risk," TI had said in its FY24 annual report. About Tilaknagar Industries, Radico Khaitan Tilaknagar Industries (TI) is one of India's leading alcoholic beverage (alcobev) companies, transformed into a major player in the Indian Made Foreign Liquor (IMFL) industry. 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. Radico Khaitan, on the other hand, is among the oldest and one of the largest manufacturers of IMFL in India. In 1998, the company started its own brands with the introduction of 8PM Whisky. The company is also one of the largest providers of branded IMFL to the Canteen Stores Department (CSD), which has significant business barriers to entry.
Mint
15-05-2025
- Business
- Mint
Up 1800% in 5 years! This liquor stock gains 14% after Q4 net profit jumps 146%. Do you own?
Stock Market Today: Shares of Tilaknagar Industries, one of India's leading alcoholic beverages (alcobev) companies, surged 14% to ₹ 355 apiece in early morning trade on Thursday, May 15, following the company's stellar performance in the March-ending quarter (Q4FY25), driven by an uptick in volumes. The company, on Wednesday post-market hours, reported its highest-ever quarterly revenue of ₹ 406 crore, a 13.1% YoY jump. However, revenue growth lagged behind volume growth due to price reductions implemented in Andhra Pradesh in Q3 FY25. Consequently, NSR dropped to ₹ 1,182 per case from ₹ 1,293 in Q4FY24. The company sold 34.2 lakh cases in Q4FY25, a 20.1% YoY increase from 28.5 lakh cases sold in the same period last year. Volume growth was mainly driven by strong growth in Andhra Pradesh, Karnataka, and Tamil Nadu. EBITDA grew by 62.6% YoY to ₹ 78 crore. Profit during the reporting quarter jumped to ₹ 77 crore, a 145.8% increase compared to a profit of ₹ 31 crore in the March 2024 quarter. The company stands as a leader in the Indian-made foreign liquor (IMFL) brandy segment, which contributes 93% of its total volumes. During FY25, the company brandy volumes stood at 10.83 lakh cases. Its flagship brandy, Mansion House Brandy, holds the distinction of being the largest-selling brand in India and the second largest globally. During the quarter, the company has expanded into the luxury segment with Monarch Legacy Edition brandy. Additionally, it has a strategic investment in Spaceman Spirits Lab Pvt. Ltd., the makers of Samsara Gin, Sitara Rum, and Amara Vodka, as well as a strategic investment in Round The Cocktails Pvt. Ltd., the makers of Bartisans—Premium 'Ready to Pour' Cocktail Mixers, as per the company's Q4 earnings' report. Looking ahead, the company is well-positioned to benefit from industry trends, as 15–20 million people are expected to enter the legal drinking age every year, driving consumption trends in India. Cocktail culture is becoming very prevalent, with significant innovations taking place in spirits as well as allied products. Premiumization is driving industry growth across all categories due to rising affluence and an aspirational consumer base. After witnessing profit booking during January and February, the stock rebounded in March and extended its gains into April, finishing the two months with gains of 7% and 21%, respectively. The rally further extended into the current month as well, with the stock gaining another 16% so far. Over the last 3 years, the stock has gained 550%, and in the last 5 years, it has delivered a return of 1800%. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
